Ansys Inc Stock Price, News & Analysis

On February 18, 2021, Ansys announced a partnership with Siemens Energy to enhance additive manufacturing (AM) capabilities. This collaboration focuses on integrating Siemens Energy's powder bed fusion (PBF) AM process with Ansys's simulation technologies, allowing engineers to produce complex parts affordably and efficiently. The initiative aims to reduce the need for physical prototypes, accelerate product development, and facilitate training for engineering teams. Together, they seek to revolutionize AM by improving product quality and reducing costs, thereby increasing innovation in the industry.

Red Bull Racing and Ansys have renewed their innovation partnership as they enter the 2021 Formula One season, focusing on optimizing aerodynamic performance. This collaboration allows Red Bull Racing's engineers to create high-performing designs faster, giving them a competitive advantage. Utilizing Ansys' simulation technologies, including Ansys Fluent and Granta MI, the team enhances design processes, reduces errors, and improves collaboration. Ansys aims to help the racing team overcome short development periods and complex aerodynamic challenges, ensuring they maintain a leading edge on the racetrack.

On January 26, 2021, Ansys launched 2021 R1, enhancing simulation capabilities for engineers. Key features include improved sensor simulation for AVs and high-performance computing advancements. This release focuses on collaboration and efficiency, enabling engineers to tackle complex design challenges without tech limitations. New tools for battery design and EV components support innovation in autonomous and electric vehicle development. Ansys aims to reshape engineering workflows, making cutting-edge technology accessible for all companies.

ANSYS, Inc. (NASDAQ: ANSS) will announce its fourth quarter and FY 2020 earnings on February 24, 2021, after market close. A conference call is scheduled for 8:30 a.m. Eastern Time on February 25, 2021, with leadership discussing results and future outlook. Participants are encouraged to pre-register for the call or dial in on the day. The earnings release, prepared remarks, and investor presentation will be available on Ansys' corporate website.

Ansys launched HFSS Mesh Fusion, enabling engineers to mesh and solve complex electromagnetic systems efficiently. This new technology reduces development costs and accelerates product innovation. Available in Ansys HFSS 2021 R1, it allows integrated analysis of components like ICs and antennas, enhancing design capabilities for sophisticated applications including 5G and autonomous vehicles. Industry leaders, such as Samsung, praise its ability to create optimal designs and decrease production cycles.

On January 11, 2021, Navantia and Ansys announced a strategic agreement to enhance the development of next-generation navy vessels like the F-110 frigates and S-80 submarines. This collaboration aims to reduce design time and improve performance through Ansys' simulation solutions incorporated into Navantia's Shipyard 4.0 Integrated Business Management System. The partnership emphasizes operational efficiency, with Ansys' technology enabling physics-based digital twins and automating engineering workflows, ultimately driving innovation in naval engineering.

Ansys has announced the winners of its inaugural Art of Simulation competition, celebrating the company's 50th anniversary. The competition aimed to highlight innovative engineering solutions using Ansys' simulation software. Over 200 submissions were received, with more than 3,600 public votes across six categories: healthcare, structures, fluids, 3D design, electromagnetics, and multiphysics. Winning entries showcased projects such as kidney dialysis simulations and aircraft radar systems. Ansys emphasized the artistic aspect of engineering through visual representation of complex simulations.

Ansys (NASDAQ: ANSS) has partnered with XRby to advance the development of limited-edition luxury wristwatches using Ansys' SPEOS optical design simulation software. This collaboration aims to enhance the design efficiency and reduce production costs by eliminating the need for physical prototypes. XRby is creating high-end, customized watches that utilize expensive materials, affirming their commitment to sustainability and rapid innovation. The SPEOS software allows for real-world lighting simulations, drastically improving design decision-making and reducing development time.

Ansys has appointed Nicole Anasenes as Chief Financial Officer, set to transition from her current role as a board member on March 1, 2021. Anasenes brings extensive experience from her time at Squarespace, Infor, and IBM. Meanwhile, current CFO Maria Shields will take on the role of Senior Vice President of Administration. This leadership shift is aimed at enhancing Ansys's strategic direction and operational efficiency. CEO Ajei Gopal expressed confidence in Anasenes's ability to drive growth and innovation at the company.