ANSYS, GE Announce Deal for Joint Technology Collaboration, Extending 20-Year Relationship
ANSYS (NASDAQ: ANSS) and GE Aviation are deepening their long-standing strategic relationship by establishing a new joint technology collaboration agreement that will help solve future engineering challenges and drive product development processes in a world of smart products and big data. Both organizations recognize the value of cutting-edge research and are jointly aligned in their desire to spur innovation by creatively applying simulation to the manufacturing and industrial space.
ANSYS and GE Aviation will work together over a range of applications to establish forward-looking analysis techniques that leverage expertise from both parties. In the first project under this agreement, ANSYS and GE Aviation will investigate industry data to create new engineering best practices associated with the accurate analysis of some of GE's core industrial products. Projects may include simulation of system-level product performance, enhanced by live data, to predict overall system efficiency and maximize product life.
GE currently leverages ANSYS engineering simulation technology across its product portfolio to create best-in-class products ranging from aircraft engines to high-fidelity MRI scanners. This new joint agreement highlights the commitment of both organizations to stay at the forefront of innovation and productivity.
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