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Items filtered by date: June 2017 - CIMdata
Let’s start with a pop quiz: Ask a half-dozen of your colleagues, including your managers, “What is the biggest benefit of doing simulation?" It is highly likely that the answer you will get, particularly in the USA, is, “To reduce testing.” It is also true that, the higher you go up the management ladder, the more pervasive the mantra of “simulation replaces test” becomes. As you might guess, I think this particular, restricted view of the role of simulation is wrong. Not only that, it can be counterproductive and harmful. A more “correct” answer is, in my opinion, you do simulation because it is part of the best process you know to develop products. Actually, the best role for simulation is to improve first-time product design performance capability. The rise of computers A friend of mine at Intel, Don Tappan, observed: “Computers are now infinitely fast and vanishingly inexpensive.” He is correct. If one considers
Published in Simulation/CAE
I am wondering… With the changing political landscape and environmental regulations will enterprises continue on the path to the “Circular Economy[1]” moving away from the traditional “Linear Economy?” Will they continue to celebrate their “Sustainability” success stories? AndGiven that every object and transaction are being linked and soon to be revealed through “digitalization,” how should enterprises approach innovation and new product development?” Lately, these questions have been on my mind as I prepare for a new research project entitled “Future of ‘Digitalized’ Enterprise Innovation and Product Development.” Many enterprises have learned that adopting sustainability as a core strategy drives topline growth, as well as minimizing total lifecycle costs.  In 2014, over 72% of S&P500 companies reported on sustainability[2] indicating its wide adoption. In addition, research indicates the positive impact of “sustainability” on business performance[3]. Investment funds that incorporate ESG (Environment, Social and corporate Governance) rose 28% between 2012 and 2014, and their
Published in Innovation
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