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How to Engineer Innovation: Gaining a Competitive Edge through Simulation

How to Engineer Innovation: Gaining a Competitive Edge through Simulation

Siemens
Published by: Research Desk Released: Aug 11, 2023

To be competitive in today’s global market, product engineering teams must balance quality, cost, and innovation requirements and still get to market as quickly as possible. However, these competing requirements make it challenging. Plus, ever-increasing complexity adds further complication. This eBook examines four practices that small and medium can use to improve their business.

How small business can gain a competitive edge through simulation and test

To be competitive in today’s global market, product engineering teams must balance quality, cost, and innovation requirements and still get to market as quickly as possible. However, these competing requirements make it challenging. Plus, ever-increasing complexity adds further complication. This eBook examines four practices that small and medium can use to improve their business.

How simulation and test can empower engineers

Engineers must figure out how to meet more requirements, incorporate new technologies, and integrate their work with additional engineering disciplines while dealing with increasing demands for new skills.

In addition, they must be confident they’ve satisfied requirements while avoiding the cost of overengineering and still have the flexibility to innovate. All of this makes their job that much harder.

Simulation enables engineers to do all of this more quickly, so your company can avoid the expense of wasted development efforts pursuing ideas that won’t work. In the end, engineers can achieve more in less time, which means greater productivity and a higher return on the development investment. While simulation takes time, in the long run, it saves time.

Learn how simulation software helps manage complexity

Simulation identifies where products will most likely fail, overheat, or break. By using these results, test engineers can significantly reduce the calculations and time needed to figure out where to place sensors. This will allow testing to start sooner, and thus, finish earlier.

Test labs can only test a limited number of scenarios due to time and physical constraints. For example, the lab can only test so many environmental and operating conditions. Simulation results can be used to augment results to save time further. As a result, 100% of companies who enable test and simulation collaboration report benefits.