PTC, ANSYS to develop platform solution enabling digital simulation for the Industrial IoT

Bruce Jenkins, Ora Research

PTC and ANSYS partnered to accelerate the industry-wide move to bring engineering modeling and simulation to the Industrial IoT.

Just before the start of LiveWorx 2017, PTC’s annual mega-event around all things IIoT, the two leaders agreed to develop a solution that will let ANSYS engineering simulation technology be rapidly added to applications built on the ThingWorx Industrial IoT platform from PTC. Development of a connector between these two technology platforms will let customers transform raw data into new forms of actionable intelligence, the companies said. The connector will integrate intelligent digital simulation models with products as they exist and operate in the real world, the companies explained. The aim is to open up new opportunities for companies to create value by enabling them to optimize operations and maintenance and to integrate them into their product development processes.

Simulation helps companies understand how products will behave—and may fail—as early as possible in the engineering design cycle. When faced with limited access to historical data on product performance, now engineering organizations can instead leverage simulation models to generate an initial as-designed set of expected product performance outcomes. Those simulation results then serve as a rich source of data for supervised machine learning and predictive modeling. This ongoing connection between real-world performance, predictive simulation and machine learning will help manufacturers make sense of data that can lead to predictive models and a more insightful feedback loop, helping them improve their product design and modeling.

The IIoT is making it possible to create a digital twin that combines real-time data about a physical product with the organization’s digital information about the product, PTC and ANSYS note. Simulating digital twins provides advanced intelligence and insight into a product’s behaviors. The combination of the ThingWorx platform capabilities with ANSYS simulation models will enable companies to deploy powerful applications that can analyze current operating conditions, rapidly identify and diagnose operations issues, predict future operating conditions, and improve product performance. PTC and ANSYS will make the capabilities of this solution available within IIoT applications developed on ThingWorx.

“Obtaining value from the data generated by connected products is one of the primary reasons companies invest in the Industrial IoT,” said Catherine Kniker, chief revenue officer for PTC’s Platform Business. “Simulation technology combined with machine learning can help Industrial IoT solution builders identify and make sense of the data needed to improve product design and performance—and develop next-generation products. We look forward to seeing how solution builders will create new value by introducing our solution with ANSYS, a preferred simulation partner, into their applications.”

“Many of our customers are looking to digital twins to disrupt their industries by drastically lowering their operating and maintenance costs and by marketing their products as optimized services in real time,” said ANSYS general manager Eric Bantegnie. “By leveraging the solution that ANSYS and PTC will bring to the market, our customers will bring powerful capabilities to new Industrial IoT applications. We look forward to demonstrating the value of this solution at LiveWorx17.”

ANSYS
http://www.ansys.com/

PTC
https://www.ptc.com/

LiveWorx 2017
https://www.liveworx.com/

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