Study after study suggests that top-performing engineering teams use simulation software early and often. While other companies miss their target deadlines and costs by 17 to 21%*, companies using simulation throughout the design process are meeting and exceeding their targets.
Research suggests you can achieve three main benefits to using simulation throughout the design process, especially during the concept phase:
1. Increasing rate of product innovation and market share (43% increase in ideation scenarios evaluated**)
2. Achieving lower costs for product development (19% reduction in physical and safety tests due to simulation catching those problems virtually**)
3. Getting products to market faster (simulation helps you find errors sooner; changes made during last 25% of design cycle take 98% longer to perform versus first 25%*)