CIMdata forecasted that the simulation and analysis software market as a whole will exceed $3.1 billion in 2014, with a 7.8 percent compound annual growth rate (CAGR).
Autodesk has a deep commitment to the fast growing simulation market, evidenced in its spend of approximately half a billion dollars on simulation enhancements and acquisitions over the past five years, including Algor, Moldflow, and most recently, Blue Ridge Numerics.
The company recently unveiled its 2012 Manufacturing software portfolio which includes Autodesk Moldflow 2012 and Autodesk Simulation 2012 software, previously known as Autodesk Algor Simulation.
Autodesk Moldflow boasts new real-time injection-molding simulation functionality.
This enables dynamic evaluation of a range of plastic part design alternatives in a fraction of the time it takes to perform a standard simulation, which helps users pinpoint the best design more quickly.
Autodesk Simulation offers an all-new user interface as well as Autodesk Vault integration, with new revision management capabilities for easier management of design and engineering information.
To further Autodesk's commitment to simulation, a team of world-class simulation experts at Autodesk who speak the language of CFD, FEA, all things mechanical and plastic injection molding simulation, have banded together as the Sim Squad.
The Sim Squad's mission is to explore the latest trends, issues and developments in simulation to help users and analysts gain knowledge and experience from fellow industry gurus.