Ansys Inc Stock Price, News & Analysis

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.

On January 5, 2022, Ansys (NASDAQ: ANSS) announced its collaboration with EasyMile to enhance the safety of their autonomous vehicles using Ansys software. This partnership aims to streamline the development process by meeting customer and regulatory demands through functional safety analysis. EasyMile's driverless shuttles and tow tractors operate at Level 4 autonomy and utilize Ansys' medini analyze for comprehensive safety assessments. The software enables a unified approach to managing complex vehicle systems, thus reducing development time and operational costs while ensuring compliance with safety standards.

Ansys (ANSS) announced a collaboration with Innoviz Technologies to streamline the development of advanced LiDAR systems for autonomous vehicles. Using Ansys' simulation tools, Innoviz cut product development time by two design cycles and significantly reduced costs, enhancing the reliability and affordability of its automotive-grade LiDAR sensor. The partnership aims to address performance challenges in the sensor market, crucial for achieving higher safety standards in autonomous driving.

Ansys has announced its participation at CES 2022 in Las Vegas, showcasing innovative simulation solutions that drive sustainable mobility. Key highlights include collaborations with industry leaders like EasyMile and NXP Semiconductors, focusing on electric vehicles, autonomous systems, and advanced safety technologies. Ansys aims to demonstrate how these solutions can accelerate market readiness while ensuring safety compliance. During the event, Ansys will also host discussions on the future of simulation technology in transportation.