CIMdata PLM Industry Summary Online Archive
15 May 2007
Company News
ANSYS Makes List of Top R&D Spenders
ANSYS, Inc. announced that it is the highest-ranked computer-aided engineering (CAE) software company included on Baseline magazine's list of U.S. top research and development (R&D) spenders in the IT industry. ANSYS was ranked 63rd out of 84 organizations that made the list.
According to the Baseline report, the median R&D expenditure among all 84 companies was 15 percent. In 2006, ANSYS invested more than $49 million in research and development, 17 percent of non-GAAP revenue.
"ANSYS has had a long-standing vision about what engineering simulation should be. Because of the innovation that is required, we have built in a very large reinvestment of every dollar we make into ongoing R&D," said Jim Cashman, president and CEO of ANSYS, Inc. "We envision our software as a valuable tool for anybody making fundamental design and engineering decisions. Such sustained technology leadership can't be built overnight. So our focus on sustained R&D investment has allowed ANSYS to take the lead in simulation technology for more than 30 years."
The Baseline report ranked IT companies based on the dollar amount spent. Case studies and other articles discuss how the success - or failure - of technology implementation is measured by a company's actual progress against "baseline" expectations of financial returns and technology deliverables.
About Baseline
Baseline delivers 125,000 business technology executives a mix of in-depth case studies, tools and instructional lessons learned. Business technology leaders rely on Baseline as their voice of experience - the one indispensable, complete tool to plan, deploy and measure the projects they are undertaking.
Become a member of the CIMdata PLM Community to receive your daily PLM news and much more.
Tell us what you think of the CIMdata Newsletter. Send your feedback.
CIMdata is committed to your privacy. Your personal information will never be sold or shared outside of CIMdata without your express permission.