Welcome!

Python Authors: Pat Romanski, AppDynamics Blog, Matt Davis, Donald Meyer, Liz McMillan

News Feed Item

Research and Markets: The Global Computer-Aided Engineering Market to Grow At A CAGR Of 11.4 Percent over the Period 2011-2015 Finds Latest Study

Research and Markets (http://www.researchandmarkets.com/research/h5zwl9/global_computerai) has announced the addition of the "Global Computer-aided Engineering Market 2011-2015" report to their offering.

TechNavio's analysts forecast the Global Computer-aided Engineering market to grow at a CAGR of 11.4 percent over the period 2011-2015. One of the key factors contributing to this market growth is the need to reduce product development costs. The Global Computer-aided Engineering market has also been witnessing the increasing adoption of special purpose tools. However, increasing popularity of open source could pose a challenge to the growth of this market.

Key vendors dominating this market space include Ansys Inc., MSC Software Corp., Dassault Syst?mes SA, and LMS International.

Commenting on the report, an analyst from TechNavio's Engineering team said; Every industry has unique, customized process functions, which gives rise to the demand for special-purpose Computer-aided Engineering (CAE) software. Another advantage of customized software is that it is priced more economically than general-purpose CAE software. Many vendors have therefore started providing special-purpose CAE software tailored to specific industries' or users' requirements. The provision of special-purpose software is one of the emerging trends in the market and it is expected to enhance the potential of the market in the near future.

According to the report, CAE improves the time-to-market of a product by reducing product development cycle time and product test time. It improves the speed of the product design cycle and reduces the product analysis time by integrating product design software with product analysis tools. CAE helps produce reliable and cost-effective products by reducing analysis time and thus reducing the need for multiple prototypes, which are some of the major factors that hamper the speed of a product development cycle. Thus, the pressure to reduce product development time is one of the major drivers in the Global CAE market.

Further, the report also discusses that the large investment required to implement CAE software is one of the main challenges faced by small and medium-sized enterprises.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.

For more information visit http://www.researchandmarkets.com/research/h5zwl9/global_computerai

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
The platform combines the strengths of Singtel's extensive, intelligent network capabilities with Microsoft's cloud expertise to create a unique solution that sets new standards for IoT applications," said Mr Diomedes Kastanis, Head of IoT at Singtel. "Our solution provides speed, transparency and flexibility, paving the way for a more pervasive use of IoT to accelerate enterprises' digitalisation efforts. AI-powered intelligent connectivity over Microsoft Azure will be the fastest connected pat...
There are many examples of disruption in consumer space – Uber disrupting the cab industry, Airbnb disrupting the hospitality industry and so on; but have you wondered who is disrupting support and operations? AISERA helps make businesses and customers successful by offering consumer-like user experience for support and operations. We have built the world’s first AI-driven IT / HR / Cloud / Customer Support and Operations solution.
Codete accelerates their clients growth through technological expertise and experience. Codite team works with organizations to meet the challenges that digitalization presents. Their clients include digital start-ups as well as established enterprises in the IT industry. To stay competitive in a highly innovative IT industry, strong R&D departments and bold spin-off initiatives is a must. Codete Data Science and Software Architects teams help corporate clients to stay up to date with the mod...
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
Druva is the global leader in Cloud Data Protection and Management, delivering the industry's first data management-as-a-service solution that aggregates data from endpoints, servers and cloud applications and leverages the public cloud to offer a single pane of glass to enable data protection, governance and intelligence-dramatically increasing the availability and visibility of business critical information, while reducing the risk, cost and complexity of managing and protecting it. Druva's...
BMC has unmatched experience in IT management, supporting 92 of the Forbes Global 100, and earning recognition as an ITSM Gartner Magic Quadrant Leader for five years running. Our solutions offer speed, agility, and efficiency to tackle business challenges in the areas of service management, automation, operations, and the mainframe.
The Jevons Paradox suggests that when technological advances increase efficiency of a resource, it results in an overall increase in consumption. Writing on the increased use of coal as a result of technological improvements, 19th-century economist William Stanley Jevons found that these improvements led to the development of new ways to utilize coal. In his session at 19th Cloud Expo, Mark Thiele, Chief Strategy Officer for Apcera, compared the Jevons Paradox to modern-day enterprise IT, examin...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
DSR is a supplier of project management, consultancy services and IT solutions that increase effectiveness of a company's operations in the production sector. The company combines in-depth knowledge of international companies with expert knowledge utilising IT tools that support manufacturing and distribution processes. DSR ensures optimization and integration of internal processes which is necessary for companies to grow rapidly. The rapid growth is possible thanks, to specialized services an...
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...