5 Compelling Reasons for Someone to invest in CAE

Getting It Right the First Time

Presented by: Hiral GohelEnterprise Business Representative

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Agenda

Overview and issues with traditional process Longer time to market Poor Quality Higher number of change orders

Challenges and Response in product development

Top reasons to invest in CAE

1. Getting it right first time

2. Increased Market Share

3. Reduced cost

4. Shorter Time to Market

5. Improved Productivity

Make, Break and try again Physical Prototype based designing Issues

Increasing product complexity Increasing Market complexity Decreasing Time to Market Late change order detection

Overview and issues with traditional Process

Challenges for Product Development

Response to challenges

Getting it right first time

Companies can’t afford wrong products->cost, reputation,

Marketing, warranty Expenses and rework in plant

Early adoption of CAE

Reducing total no. of physical prototype

Concept will go for simulation and verification

Virtual prototyping will be also used for documentation

Vision Concept Design Test MFG Sale

Simulation Drives Design

Simulation Drives Concept

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Increased Market Share using Early Adoption of CAE

Source: AberdeenGroup, October 2006

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Value Added Engineering- Adding value to Customer by optimization

Earlier break even point

Best in class manufacturers Average 1.6 fewer prototypes than other

Companies Most complex products get to market 158 days

earlier with $1,900,000 fewer development costs Simplest products get to market 21 days earlier

with $12,000 fewer product development costs

Decreased cost3

Early adoption of CAE during Design Phase itself

Meeting compliance requirement early Reduced number of physical prototype

Familiar Environment for users

Reducing engineering Man Hours

Educating the user

Knowledge reuse

Shortened Time to Market4

Improved Productivity

Best in Class - access to simulation capabilities within the CAD

Application (Familiar Environment) -> less time to learn Faster Innovation with more alternatives over competition

Keep material costs in check - eliminating wasteful overdesign

How Much Will Your Company Save with Upfront CFD?

Six Projects PA-> can save $107,100 annually

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Prototyping & Testing Before CFDesign After CFDesign Improvement

Time per project 40 days 12 days 71 %

Expense per project $27000 $9450 65%

Conclusion: Reasons to invest in CAE

Take a recent project of any company and

Analyze the time and expense incurred to that

particular project. How many rounds of testing? How much did each round cost?

How much did each round cost?

How much would you save if your team eliminates

even a single round of testing on every project

over 12 months?

1. Getting it right first time

2. Increased Market Share with more innovative products

3. Decreased Cost

4. Shortened Time to market

5. Improved productivity

Conclusion(Cont…)

Reasons to invest in CAE

Thank youGetting It Right the First Time