SOUTHPOINTE, Pa., Jan. 9 /PRNewswire-FirstCall/ -- ANSYS, Inc. (Nasdaq: ANSS), a global innovator of simulation software and technologies designed to optimize product development processes, today announced that it has been cited as Europe's leader in engineering simulation software sales in a report by 01consulting, which specializes in evaluating the industry on the continent. Of nearly a dozen computer-aided engineering (CAE) software vendors tracked in Europe, ANSYS came out as the overall leader in software sales and as a leading supplier in every European geography and industry sector.
The 01consulting report estimated overall European CAE software sales to be euro 1.2 billion in 2006, growing at a healthy 11 percent per year. The document ranked the top 11 simulation software vendors in Europe, through multiple criteria, and provided analysis and ranking per industry and per country.
"01consulting's report shows how large and pivotal the engineering simulation industry in Europe is and that it will continue its solid development in the future. The ranking validates that our long-term strategy is on-target. In fact, ANSYS reported organic revenue growth of 21.5 percent in the most recently reported financial results for the third quarter of 2007, approximately double the CAE industry growth rate in Europe. In addition, we remain committed to investing in the future of ANSYS, further strengthening our ability to deliver the industry's most comprehensive and advanced simulation solutions," said Chris Reid, vice president of marketing at ANSYS, Inc.
The engineering simulation industry in Europe has been recording a steady growth rate, year on year, for almost 30 years. European engineers use CAE software extensively and successfully to validate their own manufactured products through simulation, testing and experimentation.
For downloadable images, visit http://www.ansys.com/newsimages.
About 01consulting
01consulting is a fast-growing French-based market research and management consulting company uniquely specializing in tracking the European PLM, MCAD, MCAE and EDA market trends for simulation software. Over the last four years, the company has published authoritative and detailed studies of sales and maintenance revenues for engineering simulation software in Europe as a whole and for its major sub-regions as well as for the largest industry sectors, such as aerospace and defense, automotive, and industrial machinery. For more information, visit http://www.01consulting.net/.
About ANSYS, Inc.
ANSYS, Inc., founded in 1970, develops and globally markets engineering simulation software and technologies widely used by engineers and designers across a broad spectrum of industries. The Company focuses on the development of open and flexible solutions that enable users to analyze designs directly on the desktop, providing a common platform for fast, efficient and cost- conscious product development, from design concept to final-stage testing and validation. The Company and its global network of channel partners provide sales, support and training for customers. Headquartered in Canonsburg, Pennsylvania, U.S.A., with more than 40 strategic sales locations throughout the world, ANSYS, Inc. and its subsidiaries employ approximately 1,400 people and distribute ANSYS products through a network of channel partners in over 40 countries. Visit http://www.ansys.com for more information.
ANSYS, ANSYS Workbench, AUTODYN, CFX, FLUENT and any and all ANSYS, Inc. brand, product, service and feature names, logos and slogans are registered trademarks or trademarks of ANSYS, Inc. or its subsidiaries in the United States or other countries. All other brand, product, service and feature names or trademarks are the property of their respective owners.
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