New Creo Ansys Simulation Integrated with High Fidelity Solvers

Press Release Summary:

• Enable users to rapidly simulate design outcomes with a high degree of accuracy
• Allows conducting high-fidelity structural, model and thermal analyses of their products for seamless design refinement and validation process

Original Press Release:

PTC and Ansys Deliver Latest CAD Market Innovation with Creo Ansys Simulation

• Creo Ansys Simulation is the only CAD product on the market with Ansys's high fidelity solvers integrated into it.
• Alliance makes simulation-led product design a cornerstone of digital transformation by democratizing simulation.

Boston — November 18, 2020 — The latest enhancement to PTC’s (NASDAQ: PTC) award-winning Creo computer-aided design (CAD) software includes the first CAD offering with Ansys’s (NASDAQ: ANSS) high-fidelity solvers, enabling users to rapidly simulate design outcomes with a high degree of accuracy. Creo Ansys Simulation brings simulation into the modeling environment and democratizes a critical technology that can help cut costs and improve quality and time to market. The launch marks the second anniversary of the PTC and Ansys strategic alliance.

“Ansys and PTC are rapidly delivering on our common goal to seamlessly integrate simulation into product design” said Mark Hindsbo, Vice President & General Manager, Design Business Unit, Ansys. “This next joint offering expands the simulation capabilities for designers in Creo and, equally importantly, offers integrated workflows between PTC’s and Ansys’s products to benefit our customers, many of whom are already joint customers.”

As a follow on to the Creo 7.0 launch that introduced breakthrough innovations in generative design, real-time simulation, multibody design, and additive manufacturing, Creo Ansys Simulation enables design engineers to conduct high-fidelity structural, modal, and thermal analyses of their products for a seamless design refinement and validation process. Creo Ansys Simulation’s high accuracy solvers complement the real time design guidance Creo users can already enjoy from Creo Simulation Live, released in February 2018 together with Ansys.

“We’re really excited about PTC and Ansys taking the next big step to deliver on the vision for true simulation-driven design that’s been in the marketplace for decades,” said Brian Thompson, Divisional Vice President and General Manager, CAD Segment, PTC. “Creo Ansys Simulation enables companies get better products to market faster at less cost. That’s digital transformation, with the designer in the front seat.”

About PTC (NASDAQ: PTC) PTC enables global manufacturers to realize double-digit impact with software solutions that enable them to accelerate product and service innovation, improve operational efficiency, and increase workforce productivity. In combination with an extensive partner network, PTC provides customers flexibility in how its technology can be deployed to drive digital transformation – on premises, in the cloud, or via its pure SaaS platform. At PTC, we don’t just imagine a better world, we enable it.

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Media Contacts:
PTC
Corporate Communications
Greg Payne
gpayne@ptc.com