Ansys

EverestLabs Expands Leadership Team to Support Its Next Phase of Growth

Retrieved on: 
Thursday, June 15, 2023

FREMONT, Calif., June 15, 2023 /PRNewswire/ -- EverestLabs, developer of RecycleOS, the first AI-enabled operating system for material recovery facilities (MRFs), today announced a new addition to its leadership team. Steve Costello joins the team as Senior Vice President (SVP) of Sales as the company enters a new phase of growth after several successful partnerships with industry leaders including Republic Services, Pioneer Recycling Services, KW Plastics, Universal Waste Systems (UWS), and Sims Municipal Recycling (SMR).

Key Points: 
  • Steve brings over 30 years of expertise across deep technology, commercial sales, and executive leadership.
  • "EverestLabs has scaled quickly as MRFs double down on adopting flexible, easy to install AI and robotics solutions to automate sorting.
  • "Steve joins our team at a pivotal time and his expertise will immensely support our next phase of growth as we continue to be a recognized leader in our category."
  • I'm excited to help the team drive widespread adoption of its AI and robotics that support a more sustainable future."

Peakview Capital Announces Raising of New Fund To Provide Investors With Curated Access to Top VC Firms and Select Portfolio Opportunities

Retrieved on: 
Wednesday, June 14, 2023

The firm will aim to invest a majority of the new capital in a constructed portfolio of top-tier VC managers' funds along with select inflection-stage direct investments.

Key Points: 
  • The firm will aim to invest a majority of the new capital in a constructed portfolio of top-tier VC managers' funds along with select inflection-stage direct investments.
  • The fund has already backed several of the industry's leading venture capital funds.
  • Hartsock has been a VC fund of funds veteran since 2009 when he served as an early employee of Greenspring Associates.
  • This approach aims to enable the firm to provide investors with optimized exposure to the venture capital asset class with strong opportunities for high risk adjusted returns.

Rolls-Royce Rapidly Powers Sustainable Aviation with Ansys and Intel Technologies

Retrieved on: 
Wednesday, June 14, 2023

PITTSBURGH, June 14, 2023 /PRNewswire/ -- Ansys (NASDAQ: ANSS) collaborated with Rolls-Royce and Intel to reduce the simulation time of the thermo-mechanical model of Rolls-Royce's gas-turbine engine from more than 1,000 hours to less than 10 hours, saving energy and development costs. This collaboration was also supported by the computing resources at the Oak Ridge Leadership Computing Facility, HPE, and researchers at the NCSA (National Center for Supercomputing Applications).

Key Points: 
  • The advanced technology from Ansys and Intel also supports digital research and development (R&D), which incorporates simulation and digital twins to improve engine design for more sustainable, climate-neutral solutions for drive, propulsion, and power generation.
  • We believe cutting-edge technologies from Ansys and Intel will enable us to develop smarter, cleaner, and safer engines to power a more sustainable future for aviation while also reducing our operational carbon footprint."
  • "We are confident that Ansys' simulation portfolio and Intel's compute power will equip Rolls-Royce engineers to positively impact the future of aviation."
  • Visit Ansys at the 2023 Paris Air Show in France from June 19-25 to learn more about simulation's impact across the aviation industry.

This Week in Transportation News: 11 Stories You Need to See

Retrieved on: 
Friday, June 9, 2023

NEW YORK, June 9, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the auto and transportation industries stay on top of the week's most newsworthy and popular releases, here's a roundup of stories from the week that shouldn't be missed.

Key Points: 
  • The airplane features enhanced legroom, increased capacity, longer range, 50% less nitrous oxide emissions, and a 75% noise reduction.
  • "…the transportation sector is the nation's biggest source of carbon pollution that drives climate change and associated public health harms.
  • In addition to these popular releases, several must-read earnings reports crossed the wire this week, including the quarterly results for Hyzon Motors .
  • Related Resources: Read and subscribe to our journalist- and blogger-focused blog, Beyond Bylines , for media news roundups, writing tips, upcoming events, and more.

Digital Twins in Healthcare Market worth $21.1 billion | MarketsandMarkets

Retrieved on: 
Tuesday, June 6, 2023

The research and Academia segment is expected to register a substantial growth in the digital twins in healthcare market, by end user

Key Points: 
  • The research and Academia segment is expected to register a substantial growth in the digital twins in healthcare market, by end user
    The research and academia segment is expected to register a substantial growth in the digital twins in healthcare market, by end user.
  • Lastly, the inclination of academic institutions to explore emerging technologies positions them as early adopters and catalysts for growth in the digital twins in healthcare market.
  • Digital Twins in Healthcare Market Advantages:
    Personalized Medicine: Digital twins enable personalized medicine by creating virtual replicas of individual patients, incorporating their unique health data and genetic information.
  • The adoption of digital twins in healthcare holds immense potential to revolutionize patient care, research, and healthcare management, offering personalized, data-driven, and proactive approaches to improve health outcomes and enhance the overall healthcare experience.

Digital Twins in Healthcare Market worth $21.1 billion | MarketsandMarkets

Retrieved on: 
Tuesday, June 6, 2023

The research and Academia segment is expected to register a substantial growth in the digital twins in healthcare market, by end user

Key Points: 
  • The research and Academia segment is expected to register a substantial growth in the digital twins in healthcare market, by end user
    The research and academia segment is expected to register a substantial growth in the digital twins in healthcare market, by end user.
  • Lastly, the inclination of academic institutions to explore emerging technologies positions them as early adopters and catalysts for growth in the digital twins in healthcare market.
  • Digital Twins in Healthcare Market Advantages:
    Personalized Medicine: Digital twins enable personalized medicine by creating virtual replicas of individual patients, incorporating their unique health data and genetic information.
  • The adoption of digital twins in healthcare holds immense potential to revolutionize patient care, research, and healthcare management, offering personalized, data-driven, and proactive approaches to improve health outcomes and enhance the overall healthcare experience.

Lufthansa Technik Uses Ansys to Develop and Certify AeroSHARK Technology for More Sustainable Aviation

Retrieved on: 
Tuesday, June 6, 2023

PITTSBURGH, June 6, 2023 /PRNewswire/ -- Lufthansa Technik, one of the world's leading providers of technical aircraft services, integrates Ansys' (NASDAQ: ANSS) simulation solutions to design and certify AeroSHARK, a biomimetic coating technology that emulates shark skin and significantly reduces fuel consumption and carbon dioxide (CO2) emissions.

Key Points: 
  • By leveraging Ansys' computational fluid dynamics (CFD) and high-performance computing (HPC) technology, Lufthansa Technik and BASF, a chemical company, designed the coating film with a subtle ribbed texture consisting of small elevations referred to as riblets.
  • Engineers used Ansys' CFD to analyze turbulent flow phenomena surrounding the riblets to ensure they would generate the same effect.
  • Lufthansa Technik used Ansys' tools to build and validate smaller, more generic virtual prototypes of AeroSHARK before scaling and tailoring the prototypes through comprehensive aerodynamic simulations.
  • "AeroSHARK can significantly contribute to more sustainable air transport," said Stefan Kuntzagk, senior engineer, aircraft performance, CFD, and flight test at Lufthansa Technik.

Ansys Named to USA Today America's Climate Leaders 2023 List

Retrieved on: 
Thursday, May 25, 2023

PITTSBURGH, May 25, 2023 /PRNewswire/ -- Ansys (NASDAQ: ANSS) has been named on the USA Today list of America's Climate Leaders 2023. The list comprises companies across the United States that achieved the greatest reduction in core emissions intensity – greenhouse gas emissions in relation to revenue between 2019 and 2021.

Key Points: 
  • PITTSBURGH, May 25, 2023 /PRNewswire/ -- Ansys (NASDAQ: ANSS) has been named on the USA Today list of America's Climate Leaders 2023.
  • This award is presented by USA Today and Statista Inc., the world-leading statistics portal and industry ranking provider.
  • The awards list was announced on May 24th, 2023, and can currently be viewed on the USA Today website .
  • "Our inclusion on USA Today's list of America's Climate Leaders 2023 is a testament to our ongoing efforts to improve the sustainability of the planet through our products and practices."

Electronic Design Automation Market worth $26.2 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, May 17, 2023

Semiconductor IP can be licensed and reused by other companies to save time and costs in the design process.

Key Points: 
  • Semiconductor IP can be licensed and reused by other companies to save time and costs in the design process.
  • The semiconductor IP market has the highest market share in the electronic design automation (EDA) market because of the benefits it offers to semiconductor companies.
  • The semiconductor IP market is highly competitive, with several major players such as ARM, Synopsys, and Cadence Design Systems dominating the market.
  • APAC to hold the largest share of the electronic design automation market throughout the forecast period.

Electronic Design Automation Market worth $26.2 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, May 17, 2023

Semiconductor IP can be licensed and reused by other companies to save time and costs in the design process.

Key Points: 
  • Semiconductor IP can be licensed and reused by other companies to save time and costs in the design process.
  • The semiconductor IP market has the highest market share in the electronic design automation (EDA) market because of the benefits it offers to semiconductor companies.
  • The semiconductor IP market is highly competitive, with several major players such as ARM, Synopsys, and Cadence Design Systems dominating the market.
  • APAC to hold the largest share of the electronic design automation market throughout the forecast period.