Revolution in Simulation (Rev-Sim), the global simulation industry collaboration and technology alliance, and CIMdata, Inc., the leading global Product Lifecycle Management (PLM) strategic management consulting and research firm, announce a collaboration to accelerate innovation through leveraging cutting-edge simulation technologies.
Rev-Sim’s expanded cutting-edge simulation focus, including Artificial Intelligence, and Deep Learning, has paved the way for new partnerships with industry software vendors, service providers, and consulting and research organizations such as CIMdata.
Rev-Sim Co-Founder & Managing Director, Malcolm Panthaki explained that while this is a mutually beneficial alliance, the true beneficiaries are the industry’s manufacturers, and product development organizations along with the simulation software and services organizations who develop and deploy these cutting-edge technologies.
“This is an important collaboration that brings additional expertise and resources to the Rev-Sim community,” said Panthaki. “The industry is keenly aware of CIMdata and its stellar reputation in the PLM space. Today CIMdata is enhancing its reach and offerings in simulation. With this announcement, they will bring this expertise to the Rev-Sim community of companies interested in evaluating, deploying, and leveraging innovative simulation technologies in their organizations. This alliance further validates simulation’s expanding and critical role in the product development process.”
According to CIMdata’s President & CEO, Peter Bilello, “For years, CIMdata has looked to continually improve and enhance our offerings within the simulation and analysis (S&A) and other critical product lifecycle solution domains. We are delighted to collaborate with Rev-Sim and look forward to sharing our expertise with the Rev-Sim community in the critical area of S&A.” He added, “Each year CIMdata tracks the S&A market as part of its annual review of the PLM market numbers. In 2022 the S&A market grew by 8.2% to US$9.01 billion. Early analysis of the market for 2023 suggests another strong year.”
