Ansys Inc Stock Price, News & Analysis

Ansys has launched its latest software release, Ansys 2022 R2, enhancing product design capabilities with advanced simulation technologies. Key features include AI-driven insights, open workflows for improved collaboration, and significant performance boosts with GPU solvers, achieving up to 4x power savings. The software supports complex product development across various industries, facilitating sustainability in material selection and optimizing electric vehicle design. Ansys aims to redefine engineering innovation, enabling teams to tackle demanding design challenges efficiently.

ANSYS (NASDAQ: ANSS) will host a virtual Investor Update on August 9, 2022, from 8:30 a.m. to 10:30 a.m. ET. The event will feature key insights into the company's long-term strategy and financial outlook from Ajei Gopal, CEO, and Nicole Anasenes, CFO. Participants can register online and join via live video webcast or telephone. A replay will be available shortly after the event. ANSYS continues to lead in simulation technology, enabling companies to innovate across various industries.

Ansys, Inc. announced it will release its second quarter 2022 earnings on August 3, 2022, post-market. A conference call is scheduled for 8:30 a.m. ET on August 4, 2022, featuring CEO Ajei Gopal and CFO Nicole Anasenes discussing results and future outlook. Investors can pre-register for the call, with a link provided for easy access. The call will be recorded, and a replay will be available shortly after.

NASCAR utilized Ansys' simulation solutions to conduct virtual crash tests, which led to significant cost savings of $1 million and expedited validation for the Next Gen race car ahead of the 2022 NASCAR Cup Series. Through virtual testing, NASCAR reduced reliance on costly physical crash tests, which typically average $500,000 each, to only two full-scale tests. This approach successfully navigated pandemic-related challenges, enabling a timely launch for the prestigious Daytona 500.

Achronix Semiconductor has adopted Ansys' multiphysics simulation solutions to enhance the design of its latest FPGA, the Speedster®7t AC7t1500. This collaboration ensures thermal reliability and power integrity for the high-performance chip, built on advanced 7nm silicon technology, which is essential for demanding tasks like AI and ML. Ansys' tools, including RedHawk and Totem, provide vital verification processes. This strategic partnership leverages Ansys’ capabilities, reinforcing its role in optimizing semiconductor technology.

Ansys (NASDAQ: ANSS) will showcase its simulation solutions at the Farnborough International Airshow from July 18-22, 2022. These solutions are designed to enhance propulsion, design efficiency, and safety technologies while reducing emissions and noise pollution in the aerospace and defense (A&D) industry. Ansys aims to support digital transformation by decreasing prototyping costs and design errors. Experts will demonstrate the benefits of simulation across various sectors, including sustainable aviation and defense capabilities, while also addressing cybersecurity for aircraft systems.

Samsung has selected Ansys' electromagnetic simulation tools to enhance its semiconductor design processes, particularly for 5G/6G technologies.

This collaboration aims to streamline design cycles by accelerating electromagnetic design times by up to 10 times and reducing time to market by 2-3 weeks for smaller designs and up to 2 months for more complex ones.

Key features include advanced capacity, integration capabilities, and automation for greater accuracy and efficiency in modeling. This partnership reflects Ansys' commitment to addressing evolving industry demands in electronic design.

Ansys (NASDAQ: ANSS) has joined Intel Foundry Services' (IFS) Cloud Alliance, enhancing semiconductor design efficiency through multiphysics platforms like Ansys RedHawk-SC and HFSS. This partnership enables robust, cloud-based electronic design automation (EDA) workflows, allowing customers to focus on innovation rather than operational tasks. The collaboration is expected to improve accessibility to Intel's leading silicon technologies, speeding up design processes and boosting productivity for chip designers.