ESI Group’s historic strategy has primarily focused on OEMs and their Tier1 suppliers. For the SME segment, ESI will now be poised to promote its highly-competitive solutions in a flexible manner adapted to the dynamic needs of companies with a lower investment capacity and expert availability than that of OEMs and their primary suppliers.
By integrating the Cloud technology, ESI Group will also significantly accelerate the deployment of its solution portfolio through a SaaS model with lower and more elastic cost of ownership for customers. Such an On-demand license rental and service oriented offering will allow customers to access ESI solutions and HPC resources tailored to their needs and consumption patterns, without fixed software and hardware capital expenditures.
A progressive roll-out through a flexible adaptive business strategy
Following this acquisition, ESI will hold 100% of Ciespace’s assets and will integrate its high profile engineering team. The first part of the integration will be the roll-out of some ESI solutions, including providing access to selected solvers and advanced modelling tools on the Ciespace Cloud platform. The objective will be to seamlessly deploy On-demand CAE modeling, enabling customers to access high Performance Computing (HPC) resources and post-process results so they can complete analysis and iterative improvement with minimal development and investment effort. In the near term, ESI will use its existing sales channels to address current and new users from its OEMs and Tier1 customer base. In the mid-term, ESI will adapt its commercial strategy to address SMEs and Tier2-3 suppliers with an end-to-end Cloud/SaaS product and solution offering targeted at a wide range of manufacturing companies.
For more ESI news, visit: www.esi-group.com
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Full-year 2014 results:
April 16, 2015
About CIESPACE
Ciespace Corporation is an emerging software technology company founded in 2007 by Dr Kenji Shimada, a worldwide expert in Geometric Modeling and Simulation. The company, based in Santa Clara, California, consists of a team of 10 highly qualified engineers that posess in-depth expertise in CAE/CAD and cloud/web technologies. It delivers an innovative Platform as a Service (PaaS), enabling ISV’s of engineering design and analysis solutions to get to the cloud – faster.
About ESI
ESI is a world-leading provider of Virtual Prototyping software and services with a strong foundation in the physics of materials and Virtual Manufacturing.
Founded over 40 years ago, ESI has developed a unique proficiency in helping industrial manufacturers replace physical prototypes by virtually replicating the fabrication, assembly and testing of products in different environments. Virtual Prototyping enables ESI’s clients to evaluate the performance of their product and the consequences of its manufacturing history, under normal or accidental conditions. By benefiting from this information early in the process, enterprises know whether a product can be built, and whether it will meet its performance and certification objectives, before any physical prototype is built. To enable customer innovation, ESI’s solutions integrate the latest technologies in high performance computing and immersive Virtual Reality, allowing companies to bring products to life before they even exist.
Today, ESI’s customer base spans nearly every industry sector. The company employs about 1,000 high-level specialists worldwide to address the needs of customers in more than 40 countries.
ESI is listed in compartment C of NYSE Euronext Paris and is granted “Entreprise Innovante” (Innovative Company) certification since 2000 by Bpifrance. ESI is eligible for inclusion in FCPI (venture capital trusts dedicated to innovation) and PEA PME.
2014 awards: winner of the 2014 ASMEP-ETI/Bpifrance award in the Innovation and industrial strategy category and of the Grand Prix des Entreprises de Croissance, in the Software and IT Services category and winner of the “Ambitions d’Entrepreneurs” trophy in the International category.
For further information, visit www.esi-group.com.
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