ESI Group Collaborates with Aberdeen Strategy and Research to Unveil "Shift Left" Insights on Virtual Prototyping
May 02 2024 - 2:00AM
Business Wire
Regulatory News:
ESI Group (Paris:ESI) has partnered with industry analysts
Aberdeen Strategy and Research to present novel insights into the
benefits of virtual prototyping for digital transformation in
product development. The result of this collaboration is "Shift
Left: The Value of Virtual Prototyping for Digital Transformation
of the Product Development Lifecycle," an in-depth examination
of how virtual prototyping can revolutionize industries such as
automotive, aerospace, and heavy machinery.
The research found that top-performing organizations embracing
'shift left’ - an early-stage digital approach to product
performance testing - were able to significantly reduce their
reliance on physical prototypes by 75.6% and decrease engineering
change orders by 73.8%, resulting in a 75.2% decrease in the
overall development time. The research also explores the key
challenges to a successful deployment and details the “Top 10”
long-term benefits realized by organizations that adopt a solid
virtual prototyping strategy.
Mike Russell, Head of Customer Success at ESI Group, comments:
"Our collaboration with Aberdeen Strategy and Research underscores
the importance of virtual prototyping, embracing digital practices,
and shifting validation processes and decision-making to virtual
realms. Despite the initial investment and upfront effort,
particularly in upskilling and training the workforce,
simulation-led decision-making stands as a crucial leap forward in
industry innovation. By seamlessly integrating predictive,
real-time, immersive virtual testing software into their digital
thread, industries gain the unique capability to foresee not just
the expected performance but also accurately predict how their
product will perform in real-world conditions, accounting for
manufacturing intricacies.”
Industrial manufacturers in automotive, aerospace, and heavy
machinery sectors are actively seeking ways to manage increasing
product complexity, foster collaboration, and adapt swiftly in
early development stages. They face the challenge of balancing cost
reduction with quality improvement, productivity enhancement, and
faster time-to-market. This necessitates a strategic approach to
working smarter in an end-to-end digitalized way.
The report is available as a 26-minute video presentation or as
a downloadable eBook:
https://www.esi-group.com/the_value_of_virtual_prototyping
About ESI Group
ESI Group, a part of Keysight Technologies, provides reliable
and customized solutions anchored on predictive physics modeling
and virtual prototyping expertise. Acting principally in
automotive, land transportation, aerospace and defense, and heavy
industry, ESI software enables engineers to simulate mechanical
designs, smart manufacturing processes, and human-centric workflows
to make better decisions earlier in the product lifecycle. Keysight
is an S&P 500 company delivering market-leading design,
emulation, and test solutions to help engineers develop and deploy
faster, with less risk, throughout the entire product lifecycle.
For further information, go to: www.esi-group.com
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ESI Group Emilie Lieblich press@esi-group.com +33 1 41 73 58 32 Aline
Besselièvre ext-Aline.Besselievre@esi-group.com +33 6 61 85 10
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