“Driving Innovation”

Ansys is a serious technology company, and innovation is in the company’s lifeblood. As CTO of Ansys, Prith Banerjee is responsible for settings the company’s long-term technology strategy. Prith has helped transform the company’s culture of innovation to do more long-term disruptive innovation. To drive long-term innovation, Prith has created programs such as the TECHCON conference that is held every year that brings all the technologists at Ansys once a year for a week to present and share their latest innovations and future directions. Prith has created several technology Centers of Excellence around Numerical Methods, AI/Machine Learning, and High-Performance Computing to drive more cross-business technical collaboration. He has initiated a CEO Innovation Awards program that recognizes the best Technical Innovation, the Best Product Innovation, and the best Solutions Innovation at Ansys every year. The steadfast leader has created a biweekly TECH TALK series that brings exciting technical talks from internal and external speakers on the latest technological innovations.

Prith’s role model is Steve Jobs, who led Apple through many disruptive innovations. Armed with this knowledge, he has taken the company towards great heights. Prith has been fortunate to have been part of innovations in the academic world for 20 years as a Professor, Chairman, and Dean at the University of Illinois and Northwestern University. He has been involved with innovation as an entrepreneur while founding two startup companies, AccelChip and Binachip. Finally, Prith has been driving innovation in large companies for the past 15 years as Director of HP Labs, Managing Director of Accenture Tech Labs, CTO of ABB, CTO of Schneider Electric, and CTO of Ansys. He has recently decided to write a book called INNOVATION FACTORY to assemble all these innovative ideas in academia, startups, and large companies to discuss how large companies can support long-term disruptive innovation.

"Ansys is the leading modeling and simulation company in the world, and its competition includes Dassault Systems, Siemens Software, Altair, Cadence, Mentor Graphics, and Synopsys, to name a few."

Ansys is a leading modeling and simulation company, and it helps its 45,000 customers in different industry verticals such as automotive, aerospace, manufacturing, energy, healthcare, and high-tech, to design and build the most impressive products from chips to rocket ships. And it does that using numerical modeling and simulation using methods such as finite element analysis, finite-volume methods, and finite-difference time-domain methods. These methods involved solving equations with millions and billions of variables, and Ansys helped their customers solve these problems in the most accurate, fastest, most robust, and easy-to-use ways.

As CTO of Ansys, Prith has been leading the company’s long term technology strategy around topics such as multi-physics platforms and workflows, numerical methods, visualization using AR/VR, AI/Machine Learning, High-performance Computing, Cloud computing, Model-based systems engineering, Digital Twins, ICME, solutions such as autonomy, electrification, 5G and Healthcare.

Ansys is the leading modeling and simulation company in the world, and its competition includes Dassault Systems, Siemens Software, Altair, Cadence, Mentor Graphics, and Synopsys, to name a few. Ansys stays ahead of the competition by constantly out-innovating its competitors with technologies that are organically built or acquired using M&A or through partnerships with startup companies and academia.

Ansys has worked with customers in various verticals such as automotive, aerospace, manufacturing, energy, healthcare, and high-tech. For example, Ansys partnered with Volkswagen to build an electric sports car that won the Pike’s Peak care in the automotive industry. Ansys partnered with Samsung to design the next generation 5G chips and smartphones in the high-tech sector. Ansys partnered with Medtronic to develop the next generation of pacemakers in the healthcare space.

Ansys has been a leading innovator for the past 50 years. It has been able to use a combination of organic research and development, partnerships with companies such as Microsoft, Rockwell, and PTC, and acquisitions of companies such as Fluent, Ansoft, Apache Design Systems, LSTC, and AGI, to bring new technologies in modeling and simulation to its customers. Ansys has a fascinating long-term technology strategy around AI/Machine learning, high-performance computing, digital twins, cloud computing, and Multiphysics platforms that will allow its customers to design and build more unique products in the next decade. IE