Sub-theme: Efficient manufacturing
Ansys is a market leader in multiphysics engineering simulation software for product design and optimisation. The company follows a strategy of Pervasive Engineering Simulation to enable innovation. Its software accelerates product time to market, improves engineering and optimises product quality and safety for a variety of products including fuel efficient cars and planes, wind turbines as well as medical technology and consumer products.
Impact Score: 28%
Simulation enables more efficient design processes and more efficient end products. Ansys tools are market-leading and enable more complex analysis not widely available elsewhere. The client base, however, is primarily responsible for the core IP or development of the products.
Fundamental Quality: 82%
Ansys is well positioned to benefit from further development of emergent technologies such as the internet of things, electric and autonomous vehicles. Its software is developed in an open design, allowing compatibility with many platforms and complementing other parts of the design process. It boasts single digit employee turnover.
(per £1m invested in this company FY23)
- Net Zero Carbon strategy/target
- Auditor independence
- Gender diversity
- Executive remuneration
- Automation may result in loss of low-skilled jobs
- The company’s software tools require significant amounts of energy to use
- Associated electronic hardware may end up as electronic waste
