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Ansys, Inc. is a global public company based in Canonsburg, Pennsylvania that engineers, delivers and supports engineering simulation software used to predict how products will behave and how manufacturing processes will operate in real-world environments. It develops and markets multiphysics engineering simulation software for product design, testing and operation. Ansys software covers a broad range of physics and multiphysics applications, including fluids, structures, electromagnetics, semiconductor power, mission-critical embedded software, optical, materials information and platform.

Ansys was founded in 1970 by John Swanson. Swanson sold his interest in the company to venture capitalists in 1993. Ansys went public on NASDAQ in 1996. In the 2000s, Ansys made numerous acquisitions of other engineering design companies, acquiring additional technology for fluid dynamics, electronics design, and other physics analysis. Ansys became a component of the NASDAQ-100 index on December 23, 2019.

'''Founded in 1970, Ansys is headquartered in Canonsburg, Pennsylvania. The company, which initially offered structural analysis technology, made numerous acquisitions of engineering design companies throughout the 2000s, acquiring additional technology for fluid dynamics, electronics design and other physics analysis. Between 2017 and 2020, under the leadership of president and CEO, Dr. Ajei S. Gopal, Ansys acquired 10 companies, including Livermore Software Technology Company, OPTIS and Granta Design and expanded its partner ecosystem by co-engineering with industry leaders including Microsoft, SAP, Autodesk and PTC.'''

Origins


Early history
 The idea for Ansys was first conceived by John Swanson while working at the Westinghouse Astronuclear Laboratory in the 1960s.

'''Ansys was founded in 1970 by American engineer, entrepreneur and philanthropist John Swanson. The idea for Ansys was first conceived by Swanson while working at the Westinghouse Astronuclear Laboratory in the 1960s. ''' At the time, engineers performed finite element analysis (FEA) by hand. Westinghouse rejected Swanson's idea to automate FEA by developing general purpose engineering software, so Swanson left the company in 1969 to develop the software on his own. He founded Ansys under the name Swanson Analysis Systems Inc. (SASI) the next year, working out of his farmhouse in Pittsburgh. At the time, engineers performed finite element analysis (FEA) by hand.

Swanson developed the initial Ansys software on punch-cards and used a mainframe computer that was rented by the hour. Westinghouse hired Swanson as a consultant, under the condition that any code he developed for Westinghouse could also be included in the Ansys product line. Westinghouse also became the first Ansys user.

Growth


Expansion
 By 1991 SASI had 153 employees and $29 million in annual revenue, controlling 10 percent of the market for finite element analysis software. According to The Engineering Design Revolution, the company became "well-respected" among engineering circles, but remained small. In 1992, SASI acquired Compuflo, which marketed and developed fluid dynamics analysis software.

In 1993, Mr. Swanson sold his majority interest in the company to venture capitalist firm TA Associates. Peter Smith was appointed CEO and SASI was renamed after the software, Ansys, the following year. Ansys went public in 1996, raising about $46 million in an initial public offering. By 1997, Ansys had grown to $50.5 million in annual revenue. In the late 1990s, Ansys shifted its business model. It focused less on selling software licenses and corresponding revenue declined. However, revenue from services increased more dramatically. From 1996 to 1999, profits at Ansys grew an average of 160 percent per year.

In February 2000, Jim Cashman was appointed CEO. Current CEO Ajei S. Gopal was appointed in early 2017.

In the early 2000s, Ansys acquired CFX Inc., a software provider for the computational fluid dynamics segment, and Fluent, Inc., a CAE developer specializing in CFD (computational fluid dynamics) software. As a result, Ansys grew to $263 million in annual revenue in 2006, compared to $158 million in 2005. In 2008, Ansys acquired Ansoft Corporation, a leading developer of high performance EDA software, to expand its breadth and depth of simulation capabilities and provide the solutions its customers needed to solve their increasing problems and demands.

Ansys continued to build its portfolio in the following years by adding new technologies for semiconductor simulation, 3D modeling, systems analysis and automotive design.

Current president and CEO, Dr. Ajei Gopal, was appointed in early 2017. Upon his entrance, Gopal’s major focuses were to invest into Ansys’ core technologies and expanded its portfolio in digital twins and the Internet of Things (IIoT). During the first three years of Dr. Gopal’s tenure, Ansys’ market capitalization has tripled and Ansys revenue increased from approximately $1.1 billion to $1.5 from 2017 to 2019. 

Acquisitions


Recent history
Launched in 2016, the Ansys Startup Program benefits thousands of small companies around the world by providing low cost access to Ansys’ engineering simulation products. As of June 2020, the program included nearly 950 participants around the world, including Relativity Space, Ursa Major Technologies, Firefly Aerospace and Climeworks.

In February 2018, Ansys launched Ansys Discovery Live, a 3D modeling tool that paired instant simulation with direct geometry modeling in a real-time and intuitive design environment. Discovery Live’s capabilities for instantaneous solving of major physics were shown during a five-month technology preview, starting in September 2017.

In May 2019, Ronald W. Hovsepian became Chairman of the Board on Ansys’ board of directors. He also served as the Lead Independent Director of the Board from October 2014 through April 2019 and the non-executive Chairman from 2014 until 2016.

As of July 2020, Ansys’ Board was comprised of nine board members, including: Dr. Ajei S. Gopal, Ronald W. Hovsepian, Nicole Anasenes, Guy E. Dubois, Barbara V. Scherer, Ravi K. Vijayaraghavan, Glenda M. Dorchak, Dr. Alec D. Gallimore and Robert M. Calderoni.

That same year, Women on Boards, the premier global education and advocacy campaign committed to increasing the number of women on corporate boards, named Ansys a Winning "W" Company for having 20% or more board seats held by women.

As of June 2020, Ansys had more than 250 solution partners, partnerships with more than 3,200 academic institutions for teaching and research across 86 countries, and more than 4,500 customers. 

Engineering Simulation Software
Ansys develops and markets engineering simulation software for use across the product life cycle. Ansys Mechanical finite element analysis software is used to simulate computer models of structures, electronics, or machine components for analyzing strength, toughness, elasticity, temperature distribution, electromagnetism, fluid flow, and other attributes. Ansys is used to determine how a product will function with different specifications, without building test products or conducting crash tests. For example, Ansys software may simulate how a bridge will hold up after years of traffic, how to best process salmon in a cannery to reduce waste, or how to design a slide that uses less material without sacrificing safety.

Most Ansys simulations are performed using the Ansys Workbench system, which is one of the company's main products. Typically Ansys users break down larger structures into small components that are each modeled and tested individually. A user may start by defining the dimensions of an object, and then adding weight, pressure, temperature and other physical properties. Finally, the Ansys software simulates and analyzes movement, fatigue, fractures, fluid flow, temperature distribution, electromagnetic efficiency and other effects over time.

Ansys also develops software for data management and backup, academic research and teaching. Ansys software is sold on an annual subscription basis.

History
The first commercial version of Ansys software was labeled version 2.0 and released in 1971. At the time, the software was made up of boxes of punch cards, and the program was typically run overnight to get results the following morning. In 1975, non-linear and thermo-electric features were added. The software was exclusively used on mainframes, until version 3.0 (the second release) was introduced for the VAXstation in 1979. Version 3 had a command line interface like DOS.

In 1980, Apple II was released, allowing Ansys to convert to a graphical user interface in version 4 later that year. Version 4 of the Ansys software was easier to use and added features to simulate electromagnetism. In 1989, Ansys began working with Compuflo. Compuflo's Flotran fluid dynamics software was integrated into Ansys by version 5, which was released in 1993. Performance improvements in version 5.1 shortened processing time two to four-fold, and was followed by a series of performance improvements to keep pace with advancements in computing. Ansys also began integrating its software with CAD software, such as Autodesk.

In 1996, Ansys released the DesignSpace structural analysis software, the LS-DYNA crash and drop test simulation product, and the Ansys Computational Fluid Dynamics (CFD) simulator. Ansys also added parallel processing support for PCs with multiple processors. The educational product Ansys/ed was introduced in 1998. Version 6.0 of the main Ansys product was released in December 2001. Version 6.0 made large-scale modeling practical for the first time, but many users were frustrated by a new blue user interface. The interface was redone a few months later in 6.1. Version 8.0 introduced the Ansys multi-field solver, which allows users to simulate how multiple physics problems would interact with one another.

Version 8.0 was published in 2005 and introduced Ansys' fluid–structure interaction software, which simulates the effect structures and fluids have on one another. Ansys also released its Probabilistic Design System and DesignXplorer software products, which both deal with probabilities and randomness of physical elements. In 2009 version 12 was released with an overhauled second version of Workbench. Ansys also began increasingly consolidating features into the Workbench software.

Version 15 of Ansys was released in 2014. It added a new features for composites, bolted connections, and better mesh tools. In February 2015, version 16 introduced the AIM physics engine and Electronics Desktop, which is for semiconductor design. The following year, version 17 introduced a new user interface and performance improvement for computing fluid dynamics problems. In January 2017, Ansys released version 18. Version 18 allowed users to collect real-world data from products and then incorporate that data into future simulations. The Ansys Application Builder, which allows engineers to build, use, and sell custom engineering tools, was also introduced with version 18.

Released in January 2020, Ansys R1 2020 updates Ansys’ simulation process and data management (SPDM), materials information and electromagnetics product offerings. In early 2020, the Ansys Academic Program surpassed one million student downloads. 

Corporate Social Responsibility
Ansys focuses its philanthropic giving on supporting and improving the communities in which employees live and work. This includes financial and in-kind donations as well as employee time-off to support its local communities and STEM-oriented activities. In addition to corporate giving and philanthropic efforts, Ansys offers free software to STEM and academic program students. In early 2020, the Ansys Academic Program surpassed one million student downloads. Ansys Hall, a state-of-the-art engineering building, opened on the campus of Carnegie Mellon University (CMU) in November 2019. Ansys partners with universities such as CMU, Cornell University, University of Connecticut, Florida International University, Technical University of Madrid and the University of Waterloo.

Ansys simulations support customers’ environmental sustainability initiatives by improving the efficiency, performance and durability of products while reducing total material use, increasing energy efficiency, reducing greenhouse gas emission, supporting the circular economy and increasing operational performance. 