Finding a balance between innovation‚ cost‚ time‚ and quality during development is the difference between new product success and failure. Effectively balancing this equation requires a deep understanding of product behavior as quickly as possible.
In Aberdeen Group‘s research report‚ ‘The Value of Virtual Simulation Versus Traditional Methods’‚ 550 respondents shared how their companies are approaching new product development and introduction.
Based on this feedback‚ the report found that best-in-class companies are 53% more likely than their peers to conduct their simulations in a virtual environment‚ and the results from this approach speak for themselves.
Virtual Simulation helps the best-in-class companies to be:
- 42% more likely to meet product launch targets
- 43% more likely to meet product cost targets
- 22% more likely to meet product quality targets
- 37% more likely to meet product revenue targets
- 2X faster new product development cycle
Download the report to learn how companies that have turned to virtual simulation outperform their peers who still rely solely on manual calculations or physical prototyping.
Learn how you can join the best-in-class companies experiencing the benefits that SOLIDWORKS Simulation has to offer.
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