ESI GROUP : ESI Doubles Revenues for Its Composites Activity in 2011
04/25/2012| 12:40pm US/Eastern
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A success further encouraged by a French state grant to strengthen
its R&D activity in composites
ESI
Group, pioneer and world-leading solution provider in virtual
prototyping for manufacturing industries, announces that its
license and services revenue linked to Virtual Manufacturing &
Performance of composites has doubled over the past 2 years and tripled
over the past 3 years.
This success is the result of ESI's
continuous investment in Research & Development and the creation of a
portfolio of software and services that successfully address the
challenges of the manufacturing industries using composite materials. ESI's
Composites
Simulation Suite, including software tools PAM-FORM
and PAM-RTM,
allows clients to fully plan & assess the manufacturing processes of
their composite parts, while Virtual
Performance Solution can predict the 'in use' performances of these
parts.
Another contributing factor to this success is the deployment of ESI's
expertise across the globe:
-
in Asia and in Russia, where the booming aeronautic sector requires
innovative composite solutions;
-
in Germany, where ESI
provides expert knowledge in light-weight materials to the automotive
sector;
-
in Europe and South America, in support of the rapid advances in wind
energy.
Ever since the opening of its dedicated R&D center near Bordeaux, the
company has confirmed its commitment to strengthening its knowledge in
composite materials by engaging in key partnerships with universities
and industry players. Recently, ESI's
partnership with the University of Nottingham has resulted in the
addition of a permeability database to ESI's Composites
Simulation Suite, allowing users to benefit from years of research
in the field.
"We have worked with ESI on flow simulation, forming simulation and
impact modelling for many years, and consider their software to be at
the leading edge of composites analysis. During that time we have
developed materials characterization techniques to determine necessary
input data, in particular reinforcement permeability for resin flow
simulation. We are very pleased to be able to provide some of our data
for other users - as well as providing useful data for analysis of
composites manufacturing. We hope that this will promote further
collaboration amongst the composites manufacturing community," declares
Professor Andrew Long, Dean of the Faculty of Engineering,
University of Nottingham.
Other key partnerships include a close collaboration with Universities
of Dresden and IFB Stuttgart in Germany, the PPE (Pôle de Plasturgie de
l'Est), Dassault Systèmes, and Chinese government's aircraft consortium
AVIC. To sustain its leading edge position in composites, ESI has also
engaged in several French, German and European projects including
MAAXIMUS, LYCOS, HIVOCOMP, INFUCOMP, LCM-SMART, RAID-OUTIL,
MAI-composites or MAPPIC3D.
Recently announced funding from the French local government further
encourages the company's research activity. Last month, the Aquitaine
region allocated 250 000 ? to support ESI's
R&D center near Bordeaux. The center is located close to the "Aerospace
Valley", one of the world's most important aeronautics R&D bases,
where industry leaders such as Airbus, Dassault Aviation or EADS-Astrium
are present.
For more ESI news, visit: www.esi-group.com/newsroom
About ESI Group
ESI
is a pioneer and world-leading solution provider in virtual prototyping
for manufacturing industries that takes into account the physics of
materials. ESI
has developed an extensive suite of coherent, industry-oriented
applications to realistically simulate a product's behavior during
testing, to fine-tune manufacturing processes in accordance with desired
product performance, and to evaluate the environment's impact on
performance. ESI's
solutions fit into a single collaborative and open environment for
End-to-End Virtual Prototyping, thus eliminating the need for physical
prototypes during product development. The company employs about 900
high-level specialists worldwide covering more than 30 countries. ESI
Group is listed in compartment C of NYSE Euronext Paris. For further
information, visit www.esi-group.com.
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ESI Group ? Media Relations
Céline Gallerne
T: +33 (0)1
41 73 58 46
© Business Wire 2012
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