NASDAQ:ANSS Stock Quote
Ansys Inc is a global leader in engineering simulation software that enables organizations to design and test products across various industries more efficiently
The company provides a comprehensive suite of simulation tools that assist engineers in evaluating product performance and behavior under real-world conditions. By offering solutions for structural, fluid, electromagnetic, and thermal analysis, Ansys helps businesses innovate and optimize their products, reduce development costs, and improve time-to-market. The company's software is widely utilized by manufacturers in sectors such as aerospace, automotive, electronics, and energy, supporting the creation of more sustainable and reliable technologies.
Frequently Asked Questions
How does ANSYS collaborate with academic institutions?
ANSYS collaborates with academic institutions through partnerships, research initiatives, and educational programs. By providing access to its simulation software, ANSYS helps students and researchers gain hands-on experience with engineering simulation, fostering skills development and innovation in research and education.
How does ANSYS handle customer support?
ANSYS provides comprehensive customer support through various channels, including online documentation, user forums, technical support teams, and detailed FAQs. This multi-faceted approach ensures that customers can quickly find solutions to their inquiries as they work with the software to enhance their product development processes.
How does ANSYS monetize its products?
ANSYS monetizes its products primarily through software licensing and subscriptions. Users can purchase licenses for perpetual or time-limited access to specific tools, and ANSYS also offers maintenance and support packages to ensure customers receive ongoing service and updates for their software.
How does ANSYS, Inc. support innovation?
ANSYS, Inc. is committed to supporting innovation by providing advanced simulation technologies that enable companies to design and test products more efficiently and effectively. They offer educational resources, customer support, and collaboration programs that help engineers leverage their simulation tools to drive innovation and push the boundaries of product design.
Is ANSYS involved in any corporate social responsibility initiatives?
Yes, ANSYS is committed to corporate social responsibility (CSR) by engaging in initiatives that support education, community development, and environmental sustainability. The company promotes STEM education and supports various charitable organizations, striving to positively impact society through its corporate activities.
What are the primary products offered by ANSYS, Inc.?
ANSYS, Inc. offers a comprehensive range of simulation solutions, which include ANSYS Mechanical for structural analysis, ANSYS Fluent for computational fluid dynamics, ANSYS HFSS for high-frequency electromagnetic field simulation, and ANSYS discovery for real-time simulation, among others. These products cater to a variety of engineering needs across multiple industries.
What does ANSYS, Inc. do?
ANSYS, Inc. is a global leader in engineering simulation software that enables organizations to predict how their products will perform in the real world. The company's solutions are used across a variety of industries, including aerospace, automotive, energy, and healthcare, allowing engineers to simulate fluid dynamics, structural mechanics, and electromagnetic fields, among other phenomena.
What future trends is ANSYS focusing on?
ANSYS is focusing on several future trends including integrating artificial intelligence and machine learning to enhance simulation efficiency and accuracy. They are also prioritizing cloud computing to make their tools more accessible and are actively developing solutions that allow for collaborative work in distributed teams.
What industries use ANSYS simulation software?
ANSYS simulation software is utilized by a wide range of industries, including aerospace, automotive, electronics, energy, medical devices, and manufacturing. These industries rely on ANSYS's solutions to optimize product design, improve performance, ensure compliance with regulations, and reduce development costs and time.
What is ANSYS's market strategy?
ANSYS's market strategy focuses on continuous innovation and expanding its product offerings to meet the evolving needs of its customers. The company invests heavily in research and development to enhance its simulation capabilities and also pursues strategic partnerships and acquisitions to broaden its market reach and technological expertise.
What is the company's approach to sustainability?
ANSYS, Inc. is dedicated to sustainability by enabling companies to reduce waste and improve resource efficiency through simulation. The software helps organizations design products that consume less energy and materials while still meeting performance requirements, ultimately contributing to environmentally sustainable practices in various industries.
What is the significance of ANSYS's IPO?
ANSYS, Inc. went public in 1996 and was listed on the NASDAQ, marking a significant milestone in its growth trajectory. The IPO allowed the company to raise capital for further innovation and expansion, enabling it to develop and enhance simulation technologies that have become essential for engineering in various industries.
What is the typical customer base for ANSYS software?
The typical customer base for ANSYS software includes engineers, designers, and researchers from Fortune 500 companies, small to mid-sized enterprises, and academic institutions. Their products are tailored to fit the needs of a range of organizations, from individual engineers to large teams working on complex simulations.
What kind of training does ANSYS provide?
ANSYS offers various training resources for customers, including online courses, webinars, and in-person training sessions. These programs are designed to help users maximize the effectiveness of their simulation tools and keep them updated on new features and best practices, ensuring they can get the most out of their investment in ANSYS software.
What recent developments has ANSYS announced?
Recently, ANSYS has announced various developments that include software updates, new features, and partnerships aimed at enhancing its simulation capabilities. The company also regularly rolls out new tools that leverage artificial intelligence and machine learning to improve simulation accuracy and efficiency for its users.
Where is ANSYS, Inc. headquartered?
ANSYS, Inc. is headquartered in Canonsburg, Pennsylvania, a suburb of Pittsburgh. This central location in the United States allows the company to easily collaborate with various industries and maintain a strong presence in the engineering simulation market.
Who are ANSYS's main competitors?
ANSYS faces competition from several key players in the engineering simulation market, including Autodesk, Siemens (through Simcenter), and Dassault Systèmes (which offers SIMULIA). Understanding the competitive landscape helps ANSYS to continuously innovate and improve its product offerings to retain its leading position.
Who founded ANSYS, Inc.?
ANSYS, Inc. was founded in 1970 by John Swanson. He was an engineer who recognized the potential of computer simulation for engineering applications and created the first version of ANSYS software to solve complex structural analysis problems, paving the way for the company’s growth in the simulation market.
What is the current price of ANSYS, Inc. - Common Stock?
The current price of ANSYS, Inc. - Common Stock is 321.25
When was ANSYS, Inc. - Common Stock last traded?
The last trade of ANSYS, Inc. - Common Stock was at 3:44 pm EDT on April 2nd, 2025
What is the market capitalization of ANSYS, Inc. - Common Stock?
The market capitalization of ANSYS, Inc. - Common Stock is 28.03B
How many shares of ANSYS, Inc. - Common Stock are outstanding?
ANSYS, Inc. - Common Stock has 87.25M shares outstanding.