STOCK TITAN

Ansys Launches AVxcelerate Autonomy, Streamlining Development and Validation of ADAS/AV Systems for L2+, L3, and Beyond

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary
Ansys (NASDAQ: ANSS) launches AVxcelerate Autonomy, a cloud-native, end-to-end solution reducing cost and time-to-compliance for L2+, L3, and above ADAS/AV systems by 100,000X. Co-developed with the BMW Group, this first-of-its-kind product empowers companies to further digital transformation efforts and achieve the majority of test driving required for compliance virtually.
Positive
  • None.
Negative
  • None.

The introduction of Ansys AVxcelerate Autonomy represents a significant advancement in the field of autonomous vehicle development. The stated reduction in development cost and validation timelines by 100,000X is a remarkable claim that suggests a potential paradigm shift in how automotive companies approach the design and testing of advanced driver assistance systems (ADAS) and autonomous vehicle (AV) technologies.

The solution's alignment with openX standards and its pending ISO 26262 certification are crucial for industry-wide adoption, as they ensure compatibility and adherence to safety standards. By facilitating a largely virtual test environment, the tool can help companies navigate the complexities of regulatory compliance and safety justification, which are significant hurdles in the commercialization of autonomous technologies.

From a financial perspective, the cost and time-to-compliance reductions could have a substantial impact on the bottom line for companies in the automotive sector. The ability to conduct the majority of test driving required for compliance virtually could result in significant savings in R&D expenditure. Moreover, the acceleration of development could lead to a faster time-to-market for new technologies, potentially providing a competitive advantage.

However, the actual financial impact will depend on the adoption rate of Ansys AVxcelerate Autonomy by automotive manufacturers and the solution's performance in real-world applications. Stakeholders should monitor the post-launch performance and customer feedback to assess the tool's efficacy and ROI.

The shift towards a cloud-native, modular and MBSE framework-based solution like Ansys AVxcelerate Autonomy underscores the growing trend of digital transformation in the automotive industry. The promise of over-the-air updates for continuous safety validation is in line with the industry's move towards software-centric vehicle architectures.

While the benefits are clear, it is important to consider the challenges of integrating such a complex system into existing development processes. The reliance on advanced algorithms and cloud computing also raises questions about the scalability and cybersecurity implications for automotive manufacturers.

The cloud-native, end-to-end solution is capable of reducing development cost and validation timelines by 100,000X

Key Highlights

  • Ansys AVxcelerate Autonomy simulates the majority of the required test driving for Level 2+ (L2+), Level 3 (L3), and above advanced driver assistance systems (ADAS) and autonomous vehicle (AV) compliance
  • Co-developed with the BMW Group, the product's expansive scenario variation management capabilities create a flexible, high-performance virtual environment
  • The safety-driven, first-of-its-kind solution designed with a model-based systems engineering (MBSE) framework features open architecture for easy integration into any AV development and validation process

PITTSBURGH, Dec. 19, 2023 /PRNewswire/ -- Ansys (NASDAQ: ANSS) launches AVxcelerate Autonomy, a first-of-its-kind, end-to-end solution capable of reducing cost and time-to-compliance for L2+, L3, and above ADAS/AV systems by 100,000X. Co-developed with the BMW Group, Ansys AVxcelerate Autonomy empowers companies to further digital transformation efforts and achieve the majority of test driving required for compliance virtually.

The race to develop safe, reliable autonomous vehicles is unfolding in a virtual environment. Increasingly powerful digital engineering technology enables users to validate safety by virtually evaluating millions of known and unknown situations that mimic real-world driving scenarios.

The latest evolution in AV simulation technology, Ansys AVxcelerate Autonomy is cloud-native, modular, and designed around an MBSE framework. Its flexible, open architecture follows the Association for Standardization of Automation and Measuring Systems (ASAM) openX standards. This industry benchmark facilitates seamless data transfer from the toolchain and supports integration into any enterprise-level solution via fixed APIs. The solution is in the process of becoming ISO 26262 certified, allowing companies to develop their workflows for L3 and above certification.

AVxcelerate Autonomy utilizes expansive scenario variation management capabilities to perform sensitivity and reliability analyses that help users determine the probability of ADAS/AV system failure and validate systems at-scale to establish a case for safety justification. Designed for continuous safety validation, AVxcelerate Autonomy can accommodate over-the-air updates for the lifecycle of the product.

Leveraging the power of a robust, adaptive exploration algorithm optimized in the cloud, users will be able to accelerate sensitivity analyses by 1,000X compared to traditional algorithms. By replacing most of the physical tests with virtual driving, users can further accelerate development by 100X to realize a potential 100,000X reduction in cost and time-to-compliance.

"Navigating the complex rules around regulatory compliance by providing safety justification is one of the biggest challenges for automotive manufacturers," said Walt Hearn, senior vice president of worldwide sales and customer excellence at Ansys. "Moving from one level of autonomy to the next requires extreme technological advances that are accessible, scalable, and easily implemented. The predictive accuracy and framework of Ansys AVxcelerate Autonomy can speed autonomous technology development to support the industry in realizing a future where traffic collisions are extinct."

Visit Ansys at CES in Las Vegas from Jan. 9-12, 2024, at booth #6500 to learn more.

/ About Ansys

Our Mission: Powering Innovation that Drives Human Advancement™

When visionary companies need to know how their world-changing ideas will perform, they close the gap between design and reality with Ansys simulation. For more than 50 years, Ansys software has enabled innovators across industries to push boundaries by using the predictive power of simulation. From sustainable transportation to advanced semiconductors, from satellite systems to life-saving medical devices, the next great leaps in human advancement will be powered by Ansys.

Ansys and any and all ANSYS, Inc. brand, product, service and feature names, logos and slogans are registered trademarks or trademarks of ANSYS, Inc. or its subsidiaries in the United States or other countries. All other brand, product, service and feature names or trademarks are the property of their respective owners.

ANSS–T

/ Contacts



Media             

Mary Kate Joyce


724.820.4368


marykate.joyce@ansys.com 

Investors         

Kelsey DeBriyn


724.820.3927


kelsey.debriyn@ansys.com 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/ansys-launches-avxcelerate-autonomy-streamlining-development-and-validation-of-adasav-systems-for-l2-l3-and-beyond-302018299.html

SOURCE Ansys

FAQ

What is the name of the new product launched by Ansys and the ticker symbol of the company?

Ansys has launched AVxcelerate Autonomy, and the ticker symbol of the company is ANSS.

What are the capabilities of AVxcelerate Autonomy in terms of ADAS and AV systems?

AVxcelerate Autonomy simulates the majority of the required test driving for Level 2+ (L2+), Level 3 (L3), and above advanced driver assistance systems (ADAS) and autonomous vehicle (AV) compliance.

What are the key features of AVxcelerate Autonomy?

The product's expansive scenario variation management capabilities create a flexible, high-performance virtual environment. It also features open architecture for easy integration into any AV development and validation process.

What industry benchmark does AVxcelerate Autonomy follow?

AVxcelerate Autonomy follows the Association for Standardization of Automation and Measuring Systems (ASAM) openX standards, facilitating seamless data transfer from the toolchain and supporting integration into any enterprise-level solution via fixed APIs.

What are the benefits of AVxcelerate Autonomy in terms of cost and time-to-compliance?

By replacing most of the physical tests with virtual driving, users can further accelerate development by 100X to realize a potential 100,000X reduction in cost and time-to-compliance.

ANSYS, Inc.

NASDAQ:ANSS

ANSS Rankings

ANSS Latest News

ANSS Stock Data

28.21B
86.64M
0.42%
99.09%
1.71%
Software Publishers
Information
Link
United States of America
CANONSBURG