Every year, there are thousands of businesses that are started by hopeful entrepreneurs. In fact, entrepreneurs are always looking at growing their businesses. Everyone who is part of the start-up ecosystem, be it an incubator, venture capitalist or even an incubator wants the success of their startup.
But the truth is bitter. Statistics show that 90% of new start-ups and 75% of venture-backed start-ups fail. Only less than 50% of businesses make it to their fifth year and 33% of start-ups make it to the 10-year mark. And out of them only 40% of start-ups actually turn a profit.
The numbers are astounding and can really put off entrepreneurs. This is where the Ansys Startup Program comes in. It aims to fix this issue. With hundreds of thousands of start-ups coming into the picture every year, such staggering numbers mean a lot of disillusioned entrepreneurs. There is a silver lining to every cloud.
Where simulation fits: The Ansys Startup Program
The role of simulation software in a business is already known. Here are some basic ways that simulation can boost a start-up.
Ease of Use
Ease of use is an important factor in start-ups as they are building everything from scratch. Often, they lack the infrastructure as well as the manpower as they have smaller teams. Hence, simulation can fill in since it is easy to use.
While designing and testing, start-ups have little room for error as they need to ensure that the products are designed and tested accurately. Simulation has this ability of accuracy.
Time and again, we have heard of the high-cost implications when it comes to creating multiple physical prototypes. This is where a lot of money is spent on start-ups. However, with simulation, designing and testing costs come down massively in comparison as there is no need for multiple prototypes. The Ansys Startup Program gives low-cost access to Ansys’ leading suite of engineering simulation products to start-ups around the world. This helps entrepreneurs to use simulation and bring state-of-the-art products into the market faster.
Start-ups often need to compete with well-established businesses. With their limited resources, they will need to be able to bring products into the market faster as that is the only way for them to remain competitive. Simulation software reduces the time needed drastically and ensures that start-ups also are on an equal footing. It is the fastest way to design prototypes and complete testing.
So be it ease of use, accuracy, product design cost savings or even decreased timeline to market, simulation can do it all. The start-up world can thus gain a lot with simulation.
The aim of the Ansys Startup Program is to put simulation software in the hands of every startup that will benefit from it. Through this, Ansys wants smaller businesses to also have access to simulation and thus help entrepreneurs all over to bring their vision to the world. Imagine being able to push your early-stage business to a level that puts you on the same foot as an established business. With Ansys’ Simulation solutions and a minimal initial investment, , the best of simulation tools can be utilized to grow these start-ups.
The partners the Startup Program gain instant access to Ansys’ solutions so that they can start building virtual prototypes of their new products. These virtual prototypes can be altered, improvised, and even tested thanks to simulation and that too hundreds of times in the same time that it would take to build and test one physical prototype. Imagine the time and money that a start-up can save thanks to simulation. This can help in perfecting the product design without too much time being wasted in creating physical prototypes.
The Ansys Startup Program also provides complete access to Ansys’ full portfolio of multiphysics simulation bundles. This includes the Structural and Fluids bundle, the Electromagnetics bundle, and the Embedded Software bundle. Apart from these, other benefits include marketing opportunities with Ansys and access to the Customer Portal for self-guided support, technical requests, and more.
Be it an electric Hyperloop transportation or a 3D automotive radar system or even non-profit conquering food security through automation and artificial intelligence, hundreds of start-up companies around the world are already using the Ansys Startup Program for extraordinary innovations. Simulation provides that much-needed push for these Start-ups. With simulation, companies innovate faster because engineers can quickly identify key design enhancements, validate new ideas and therefore go to market sooner.
Zeleros, a Spanish start-up developing electric hyperloop transportation uses Ansys simulation to perform an in-depth analysis of their Hyperloop developments, including the mechanical and magnetic behavior of their active magnetic levitation system and fluid dynamic behavior of their aerodynamic propulsion system. Simulating and analyzing the results before prototyping empowered Zeleros to reach goals on the first attempt instead of building additional prototypes, resulting in significant cost and time savings.
Ansys Startup Program also provided Andar Technologies Pty Ltd with affordable access to leading simulation technology for high resolution 77-GHz automotive radar chipsets that helps them in developing next-generation, 3D imaging automotive radar. The company has also saved hundreds of thousands of dollars in fabrication runs and ultimately saved years of development time thanks to simulation. Ansys’ fast and accurate electromagnetic simulations were used for their mm-wave radar system.
Another company, foodRev brings food security to the needy and used Ansys to optimize how food temperature is monitored. With support from the Ansys Startup Program, they are designing and optimizing antennas for their Bluetooth Low Energy food-temperature-monitors.
ENPULSION is a producer of miniaturized electric propulsion systems for Nano- and small-satellites for in-space propulsion. They use Ansys to simulate thruster components and optimize the thermal design. Their thrusters require precise temperature control in a space environment, but testing in real thermal vacuum chambers is cost, time, and resource-intensive. Ansys enables ENPULSION to simulate thruster components in changing thermal environments at a fraction of the cost.
Vector, a business start-up, is addressing the small spacecraft market for launch vehicles. When you are creating a nanosatellite launcher, everything must shrink down. The engineers were challenged to scale everything while optimizing for a smaller class of payload. They leveraged Ansys for all of the various fluid flows of the rocket engine including analysis of hot combustion gases in the engine as well as the various cold cryogenic liquids flowing into the engine to understand how they interact with the materials around them.
Ansys aims to provide start-ups with the best tools to grow their business to its fullest potential. Ansys software is the fastest, most accurate, and least expensive way to bring a start-up’s vision to light. Many of the world’s greatest companies began as startups and Ansys is committed to partnering with today’s startups to help them grow into tomorrow’s industry leaders.
Startups are bettering our lives by each passing day with their new technology and products. Be it an environmentally friendly vehicle, robots, healthcare devices or even something to clean with, start-ups are doing it all. Ansys can play a major role in their success with its simulation software as start-ups investing in prototypes, testing, and developing new ideas can do it faster and in a more cost-effective manner with simulation.
How to join?
In order to qualify for the Ansys Startup Program, you must be a privately held company, your company must not provide services or consulting, your company must be less than 10 years old and you must have less than US $5M revenue per year. To join you can click here and an Ansys representative will contact you to explain more about the program and its benefits.