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ANSYS Makes List of Top R&D SpendersCompany Is First Among Those in the CAE Industry ANSYS, Inc. announced that it is the highest-ranked computer-aided engineering (CAE) software company included on Baseline magazine's list of U.S. top research and development (R&D) spenders in the IT industry. ANSYS was ranked 63rd out of 84 organizations that made the list. According to the Baseline report, the median R&D expenditure among all 84 companies was 15 percent. In 2006, ANSYS invested more than $49 million in research and development, 17 percent of non-GAAP revenue. "ANSYS has had a long-standing vision about what engineering simulation should be. Because of the innovation that is required, we have built in a very large reinvestment of every dollar we make into ongoing R&D," said Jim Cashman, president and CEO of ANSYS, Inc. "We envision our software as a valuable tool for anybody making fundamental design and engineering decisions. Such sustained technology leadership can't be built overnight. So our focus on sustained R&D investment has allowed ANSYS to take the lead in simulation technology for more than 30 years." Click Here for more details
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