TechNavio today launched its report Global Simulation and Analysis Software Market 2011“2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the key trends impacting the growth of this market.
Commenting on the report, an analyst from TechNavio™s Engineering Services team said, Simulation and analysis software provides a collaborated product development cycle, which enhances the efficiency and effectiveness of the organization. Market vendors have started to provide enterprise-wide integrated product development cycles by integrating simulation software with various design software. Therefore, product developers and engineers are able to get control over the entire product development cycle and take preventive action to avoid downtime losses. In addition, integrated simulation and analysis increases communication among product developers and enhances knowledge sharing among product development participants.
According to the report, simulation and analysis software vendors have started to develop their next-generation products, through strategic partnership with leading vendors in the same market. Some of the leading PLM vendors have partnerships with core simulation and analysis software vendors to develop product technology and product distribution, and this strategy would enhance vendors’ market position.
Further, the report also discusses various challenges impacting the growth of this market including the increasing concerns about data security in cloud applications.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-simulation-and-analysis-software-mar…
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TechNavio Announces the Publication of its Report “ Global Simulation and Analysis Software Market 2011“2015
