intrinSIM and OraResearch, a leading market research firm in the engineering software space, have established a collaboration to research, report and advise on simulation market The joint intrinSIM/Ora Research projects will seek to identify emerging CAE market segments that are creating high value for initial adopters, but to date have been under-recognized, under-covered by press and industry analysts, and under- adopted relative to their potential value for engineering organizations. Through early identification, study, analysis and documentation of these emerging new CAE market segments and adjuncts, we hope to accelerate their recognition, adoption and growth, thus strengthening those segments for both engineering practitioners and technology providers.
The first joint project is already underway and aims to analyze and quantify the market for design space exploration, design optimization and simulation process automation software technologies. This market has been growing rapidly in importance and revenue in recent years and has reached a point where it warrants a separate study of the current status, trends and dynamics. intrinSIM and Ora Research have been working together to provide insights into this emerging market and will release results of this research project shortly.