ANSYS ANSS and Microsoft Corporation MSFT extends its strategic collaboration to enhance virtual product design. Ansys will develop a new offering called Ansys Access on Microsoft Azure, which will allow customers to launch Ansys products and easily connect third-party tools using their Azure enrollments.
The new offering will be available on the Azure Marketplace and provide an alternative to Ansys Cloud Direct, which also runs on Azure. This strategic collaboration between Ansys and Microsoft will result in cost savings, better data management and greater flexibility for customers.
The collaboration between Ansys and Microsoft will also include expanding their go-to-market strategy, which includes the use of simulation data for Internet of Things connected digital twins, autonomous driving and flying systems development and artificial intelligence/machine learning . System Training. Migration to the cloud will result in increased productivity, reduced in-house technology costs, and improved virtual collaboration across customers.
ANSYS, Inc. Values and Consensus
ANSYS, Inc. Values and Consensus
ANSYS, Inc. price-consensus-charts | ANSYS, Inc. Citation
Ansys is also working on integrating Microsoft 365 capabilities into its engineering simulation tools to enhance the collaborative process of product design. With the addition of Ansys Access on Microsoft Azure, customers will have the flexibility to choose the most efficient way for their organizations to take advantage of cloud-based simulation.
ANSS develops engineering simulation software and services marketed globally and widely used by engineers, designers, researchers and students across a broad spectrum of industries and academia.
On March 21, 2022, ANSS announced a collaboration with Microsoft and Advanced Micro Devices Inc. to offer ANSYS Cloud customers enhanced performance for their technical computing workloads. According to the deal, ANSYS Cloud, which combines HPC infrastructure and the Microsoft Azure platform with ANSYS software, will be automatically upgraded to provide the ability to use the latest AMD chips.
ANSS currently carries a Zacks Rank #3 (Hold). The company’s shares have declined 15.8% in the past year, compared to a 10.5% decline for the sub-industry.
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Source: finance.yahoo.com
