CIMdata PLM Industry Summary Online Archive
4 November 2008
Implementation Investments
Lloyd's Register Standardizes on MSC.Software's MD Nastran to Achieve Increased Simulation Accuracy
MSC.Software announced that its multidisciplinary simulation tool, MD Nastran, has been selected by Lloyds Register, one of the world's leading companies in risk management and quality solutions for Shipping and other industries. Lloyd's Register will leverage their existing MSC.Software investments, extending them to a best-in-class enterprise simulation solution that will increase capability and significantly increase overall simulation productivity and efficiency.
Although most well known for its origins in the shipping industry, the Lloyd's Register Group's mission is to establish, uphold, and apply high technical standards of design, manufacture, construction, maintenance, operation and performance across many industry sectors. Today Lloyd's Register's client interests include government, industrial institutions and companies, in shipping, oil & gas production, power, rail and general engineering. The company has a long history of simulation using MSC.Software's Engineering Products portfolio. Under the current agreement Lloyd's Register will upgrade to MSC.Software's MD Nastran platform. By combining a number of industry standard analysis applications into a single multi-disciplinary solution, MD Nastran allows engineers to more accurately capture the true system level performance and behavior of real-world products in their true working environments. MD Nastran's common data model also increases the computational efficiency of coupled solution process, and eliminates the errors traditionally associated with data translation between point CAE solutions.
"Creating a standardized environment based on MSC.Software's MD solutions has a dual benefit, allowing us to benefit from the latest simulation technologies, while simultaneously leveraging our existing investment", said Stephen Hand, CIO Lloyd's Register. "With MD Nastran we will eliminate redundant effort, reducing simulation time while improving simulation accuracy and productivity, attributes which will positively impact our business and enhance our reputation as thought leaders within the world market."
"Industry adoption of MD Nastran continues to accelerate, and major upgrades such as that announced at Lloyd's Register, clearly demonstrate the success of multidiscipline simulation as a foundation technology in a wide variety of organizations and industries," said Amir Mobayen, Executive Vice President Worldwide Sales & Services, MSC.Software. "Our customers operate in rapidly changing and highly competitive markets. Our mission is to provide industry proven software and services that give our customers lasting competitive advantage."
About Lloyds Register
Lloyd's Register provides independent assurance to companies operating high risk capital intensive assets in energy and transportation to enhance the safety of life, property and the environment, thereby helping our clients ensure safe, responsible and sustainable supply chains. The Group comprises charities and non-charitable companies, with the latter supporting the charities in their main goal.
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