Ansys Inc Stock Price, News & Analysis

Porsche Motorsport's 99X Electric Formula E race car, powered by Ansys solutions, achieved a historic one-two victory at the Mexico City E-Prix, marking a significant achievement in electric vehicle racing. The TAG Heuer Porsche Formula E Team, with driver Pascal Wehrlein finishing first and teammate André Lotterer second, showcased enhanced energy management and a customized powertrain designed with Ansys technology. This win underscores the potential of e-mobility and the importance of simulation solutions in optimizing performance and efficiency.

Ansys announced the achievement of two million downloads of its free student software, part of its Academic Program designed to bridge the engineering skills gap. This program provides universities with discounted software and free learning resources, enabling students to gain essential engineering skills. Key highlights include support from academic leaders and the availability of over 200 free Ansys Innovation Courses. The initiative aims to equip students for successful careers in engineering, with endorsements from institutions like UConn and UMass, highlighting the importance of simulation skills in the job market.

Ansys has partnered with Intel Foundry Services (IFS) as an inaugural member of the IFS Accelerator – EDA Alliance. This collaboration aims to enhance semiconductor technology by delivering bespoke silicon for customizable 3D integrated circuit designs. Ansys' advanced EDA tools and multiphysics simulation solutions will help reduce design barriers and accelerate time-to-market for mutual customers. The initiative represents a significant step for Intel's foundry ambitions and seeks to foster innovation in the semiconductor industry.

Ansys has announced a strategic collaboration with Amazon Web Services (AWS), naming it the preferred cloud service provider for Ansys Gateway powered by AWS. This partnership aims to enhance high-performance computing (HPC) for engineering simulations, making deployment easier and more scalable. Customers will benefit from reduced costs and quicker innovation by accessing Ansys products through the AWS Marketplace. The collaboration allows for location-independent solutions, enabling users to manage engineering simulations efficiently while maintaining data security.

Ansys (NASDAQ: ANSS) announced the release of its new product suite, Ansys 2022 R1, aimed at addressing complex engineering challenges across various industries. Key highlights include enhanced workflow automation, industry-specific solutions for aerospace and automotive sectors, and advanced simulation tools, such as Phi Plus meshing technology and Ansys Forming, which optimize design processes. The suite also supports high-performance computing, improving simulation efficiency significantly. This release is expected to bolster collaboration across teams and accelerate digital transformation initiatives for clients like Schneider Electric and BMW.

Ansys, the official simulation software partner of Air Race E, celebrated the successful first flight of an all-electric racing plane designed using Ansys multiphysics simulation solutions. This achievement represents a significant milestone in the aviation industry, showcasing advancements in electric propulsion technology. The Nordic Air Racing Team utilized Ansys to optimize their aircraft's aerodynamics, cooling systems, and battery performance, reducing project lead time by 40%. Air Race E aims to accelerate electric aviation development, crucial for reducing carbon emissions in air travel.

Wistron Corporation has adopted Ansys software to enhance its 5G cell phone antenna applications, automating analysis and significantly reducing design cycles. The Ansys HFSS software provides high-fidelity results for antenna performance verification, leading to cost and time savings. Traditional testing methods can be lengthy, making Ansys's simulation solutions essential for optimizing antenna performance and ensuring compliance with FCC standards. Wistron anticipates further collaboration with Ansys to improve its manufacturing processes in the growing 5G market.

ANSYS, Inc. (NASDAQ: ANSS) will release its fourth quarter and FY 2021 earnings on February 23, 2022, after market close. Following this, a conference call led by CEO Ajei Gopal and CFO Nicole Anasenes is scheduled for February 24, 2022, at 8:30 a.m. ET. Participants can pre-register for the call to receive a unique PIN for immediate access. The call will be accessible via a live audio webcast, available on the corporate website, along with the earnings press release.