Archive for February 8th, 2012
Using Simulation to Make Better Decisions – Part 1
In the present economy, returning to and maintaining profitability is the main focus for many companies, and this is driving them to look for ways to reduce costs. The design decisions of engineers make a significant impact on the final cost of a product. When armed with the right resources, engineers are empowered to make better decisions that enable them to take cost out of products without sacrificing quality, thus improving profitability for the company. The Cost Savings Strategies for Engineering whitepaper by Michelle Boucher of the Aberdeen Group shows how companies can use CAE software to make better engineering decisions.
In this first of two posts I’ll cover the issues that are driving change and outline the performance advantages enjoyed by the best-in-class companies that take advantage of simulation.
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