PTC, a leading IoT and AR platform provider and ANSYS have jointly released a new platform solution that enables ANSYS engineering simulation technology to be rapidly added to applications built on the PTC ThingWorx Industrial IoT (IIoT) platform. The development of a connector between the two technology platforms will enable customers to transform raw data into new forms of actionable intelligence. The connector will integrate intelligent digital simulation models with products as they exist and operate in the real world. This is expected to open up new opportunities for companies to create value by enabling them to optimize operations and maintenance and to integrate them into their product development processes.
Simulation helps companies understand situations that may occur – such as a product failure early as the design phase. When faced with limited access to rich historical data, companies can leverage simulation models to generate an initial as designed set of expected outcomes or product performance. The results of these simulations act as a rich source of data that can be used for supervised machine learning and predictive modeling. The ongoing connection between real-world performance, simulation, and machine learning helps companies make sense of data that can lead to predictive models and a more insightful feedback loop, enabling them to improve product design and modeling.
The IoT is making it possible to create a digital twin that combines real-time data about a physical product with the organization's digital information about the product. Simulating digital twins provides advanced intelligence and insight into a product's behaviors. The combination of the ThingWorx platform capabilities with ANSYS simulation models will enable companies to deploy powerful applications that can analyze current operating conditions, rapidly identify and diagnose operations issues, predict future operating conditions, and improve product performance. PTC and ANSYS will make the capabilities of this solution available within IoT applications developed on ThingWorx.
ANSYS is an elite sponsor at the LiveWorx17 event in Boston from May 22 - 25, 2017 and will be demonstrating the simulation and machine learning joint solution, as well as ANSYS's broader Industrial IoT portfolio.
