Source: Marketscreener

Aberdeen: ESI Group Collaborates with Aberdeen Strategy and Research to Unveil "Shift Left" Insights on Virtual Prototyping

ESI Group has partnered with industry analysts Aberdeen Strategy and Research to present novel insights into the benefits of virtual prototyping for digital transformation in product development. The result of this collaboration is "Shift Left: The Value of Virtual Prototyping for Digital Transformation of the Product Development Lifecycle," an in-depth examination of how virtual prototyping can revolutionize industries such as automotive, aerospace, and heavy machinery. The research found that top-performing organizations embracing 'shift left? - an early-stage digital approach to product performance testing - were able to significantly reduce their reliance on physical prototypes by 75.6% and decrease engineering change orders by 73.8%, resulting in a 75.2% decrease in the overall development time. The research also explores the key challenges to a successful deployment and details the ?Top 10? long-term benefits realized by organizations that adopt a solid virtual prototyping strategy.

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Est. Annual Revenue
$25-100M
Est. Employees
250-500
Charlie Tarzian's photo - President of Aberdeen

President

Charlie Tarzian

CEO Approval Rating

72/100

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