|The Virtual Prototyping Newsletter - #48 - July 2015|
We inform you about latest product releases and acquisitions that increase the value proposition of ESI’s Virtual Prototyping solutions and set the stage for democratization of CAE.
Enjoy the read!
Vesta Engenharia Compensates for Highest Springback to Date with ESI’s PAM-STAMP
"Successful springback compensation is the result of a stable and robust process, knowledge of the product demand and a good understanding of the software results."
Bernardo Perillo, Ricardo Micheletti Viana, Wellington Caetano Soares Mechanical Engineers, VESTA Engenharia
MAN and the University of Applied Science Upper Austria Design a Truck Assembly Line using ESI’s IC.IDO
"With rapid data preparation in virtual reality workshops, powerful assembly functionalities and user friendliness, ESI’s IC.IDO proved to be the right choice for this collaboration. IC.IDO’s usability, physical calculation and real-time detection of parts colliding during the assembly process matched MAN’s needs. Not to mention, what previously took us two weeks can now be completed in just one day."
Dipl.-Ing. (FH) Franz Obermair, Professor at the University of Applied Sciences Upper Austria
ESI Group acquires CIVITEC, entering the Advanced Driver Assistance Systems (ADAS) market
"The growing requirements in terms of active safety make it important and urgent to integrate ADAS systems in virtual prototyping, complementing the existing constraints of passive safety during product development. Clearly strategic for ESI Group, this operation amplifies our technological and commercial synergies in many sectors, including automotive, aerospace and more generally address the new societal challenges of the mobility and safety industries."
Alain de Rouvray, Chairman and CEO, ESI Group
ESI Group acquires the assets of Picviz Labs, specialist in big-data-based predictive analysis through advanced visualization
"We are particularly enthusiastic about joining ESI Group. We share the same ambition of improving the democratization of high-value added analysis solutions, formerly restricted to a limited number of high-qualified engineers. Like ESI we are convinced that the digital factory success will rely on industrial ability to implement collaborative processes based on efficient visual interfaces more likely to support better human decision."
Philippe Saadé, Picviz Labs’ Chairman and CEO
ESI Group acquires Ciespace’s technology assets for Cloud based CAE modeling
"Our team is very proud to be joining ESI Group as we share the same passion for innovation and technological excellence through the “Art of digital Modeling”. By leveraging ESI’s worldwide distribution and development network, Ciespace’s technology will be expanded and spread worldwide and in many new industrial sectors. We are confident numerous customers and prospects will appreciate the tremendous added value that will come from this combination of best in class physics, modeling and Cloud platform."
Sanjay Choudhry, Ciespace CTO
ESI Group acquires PRESTO software, a disruptive solution dedicated to the electronic device market
"PRESTO software from AMOEBA offers the next generation of capabilities for cooling simulation and design optimization, a major concern for the electronics industry. When integrated into ESI’s end-to-end Virtual Prototyping solutions, PRESTO will represent a major potential for disruptive innovation, addressing the needs of a large category of users presently hindered by the silo approach of the software tools available on the market..."
Alain de Rouvray, ESI Group’s Chairman and CEO
2014 Annual Results
Alain de Rouvray, ESI Group’s Chairman and CEO, comments:
"The significant improvement in our economic results over this fiscal year reflects the success of our profitability improvement and cost control policies, both to be continued over 2015. Our management team reinforcement and recent developments and acquisition advances have increased ESI solid assets to strengthen strategic relationships with OEMs and their Tier 1 suppliers and partners, and to amplify the use of our Virtual Prototyping solutions in their eco-system. […] This explains why we plan to maintain our investment momentum as well as our targeted acquisition strategy in 2015, while pursuing growth and increasing economic performance."
The complete calendar of ESI's financial communications is available here.
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