The energy and utilities industry is under increasing pressure from rising inflation, supply chain issues, and growing geopolitical tensions.
To thrive in these challenging conditions, energy businesses must continue to innovate rapidly. Download the ebook to discover how to accelerate your engineering design process by using simulation and smart technology.
As technology continues to progress at a rapid pace, energy businesses can now take advantage of advanced data analytics and artificial intelligence (AI) to further their business objectives. By combining the capabilities of automated design systems and AI in the energy sector, businesses are more equipped to optimize operations and create better-quality products. Download the ebook to discover how to take advantage of these new technologies to innovate rapidly and stay relevant in this dynamic industry.
By adopting virtual prototyping, energy businesses can reduce development time by shortening or eliminating the physical prototyping process altogether. In fact, research from the Aberdeen Group found that virtual prototyping led best-in-class organizations to improve their development time by 29%.
The key to achieving these advancements is to leverage simulation-driven design early in the design process. In doing so, energy businesses not only improve their bottom line, but also equip themselves to approach net-zero milestones at the cutting edge of innovation.
In addition to leveraging the power of virtual prototyping, energy businesses must have complete visibility into their planning and production processes. By enabling smart technologies, such as the industrial internet of things (IoT), energy businesses can gain access to valuable data insights across the entire lifecycle. In this ebook, learn how establishing connected systems and assets is the next step to gaining increased visibility and optimizing production.