Company description

ANSYS Inc. (ticker: ANSS) is a global company that provides engineering simulation software and services to organizations in a multitude of industries, including automotive, aerospace, and healthcare. Founded in 1970, ANSYS has over 50 years of experience in helping companies solve complex engineering challenges and innovate faster. The company's core product, the ANSYS simulation software, allows users to digitally model and test their designs before physically manufacturing them, saving time and costs. ANSYS also offers a range of complementary products and services, such as high-performance computing, cloud computing, and consulting services, to meet the diverse needs of its clients. With a strong focus on research and development, ANSYS continues to introduce cutting-edge products and stay at the forefront of the engineering simulation industry. The company has a global presence with offices in over 40 countries and serves customers in over 80 countries. ANSYS is committed to sustainability and social responsibility, with initiatives aimed at reducing its environmental impact and supporting communities. The company has a strong financial performance, with consistent revenue growth and a strong balance sheet. ANSYS is a market leader in engineering simulation and is well-positioned to continue its successful trajectory in the future.