20 Most promising Simulation Technology Solution providers - 2020

20 Most promising Simulation Technology Solution providers - 2020

Simulation technologies are programs that enable companies to create a virtual dummy test or process without actually performing it. Simulation software is used widely by numerous companies across various industries that include aerospace, health, defense & security, automobile sectors, education, digital manufacturing, gaming and entertainment. In addition, Simulation technologies have immense utility in other industries such as mining, energy and transportation as well.

Simulation-based technologies assist companies by analyzing smart-machines in a real-life operational environment to help make informed decisions that ultimately boosts performance. Adopting simulation software is a sure shot way to decrease costs and reduce unplanned downtime.

The Simulation software market is predicted to grow up to $13.45 billion by 2022, at a compound annual growth rate (CAGR) of 16.5%. The growing number of small and medium enterprises (SME), coupled with the increased need of eco-friendly environment are the factors driving the growth of the Simulation technology market. To top it up, the ongoing COVID-19 Pandemic and the massive adoption of selfdriving autonomous cars in recent times is set to take the Simulation Technology industry to heights never reached before.

The simulation software market is highly competitive in India, with several domestic, as well as international players competing in the market. The Indian regional market is anticipated to witness significant growth owing to increased simulation activities in the manufacturing, construction and health verticals. After studying the current market trends in the simulation software market in India, SI Tech’s distinguished panel consisting of CEOs, CIOs, VCs, analysts and the editorial team present to the readers a list of “20 Most promising Simulation Technology Solution providers - 2020”. The enlisted companies are best equipped with the latest cutting edge software solutions in assisting businesses to fulfil all their virtual needs.

We present to you CIOTechOutlook 20 Most promising Simulation Technology Solution providers - 2020.

Top 20 Most promising Simulation Technology Solution providers

Cover Story
Company Name Company Description
MSC Software Develops simulation software technology that enables engineers to validate and optimize their designs using virtual prototypes.
Company Name Company Description
Ansys India Delivering engineering solutions and product in 3D design, academic, electronics, embedded software and fluids.
ANYLOGIC Supplies all the tools which are critical for success in simulation in industries like supply chain, manufacturing, transportation, warehouse operations, rail logistics, mining, oil & gas, ports...
COMSOL Multiphysics Offers simulation in electromagnetic modules, structural mechanics and acoustics modules, chemical engineering modules, fluid flow and heat transfer modules.
Honeywell UniSim Caters to industries like bio-fuels, chemicals, and marine with various services including automation.
Innerve Power Solutions Composed of experience & expert engineers, IPS designs and develops robust Power and Control solutions through simulations, analysis, among others. to name a few.
MATLAB Combines desktop environment tuned for iterative analysis and design processes with a programming language that gives matrix and array mathematics.
PTC India Helping companies to create solutions using Augmented Reality, Industrial IoT, PLM and CAD solutions, and PTC technology.
RayNumeric Offers numerical calculation and simulation (CAE), offering products & solutions in computational fluid dynamics (CFD), structural simulation (FEA), among others.
Scientech Designs circuit design software, circuit simulation, and PCB design software package for analyzing, designing, and real-time testing of analog, among others.
Siemens Industry Software Delivers services for engineering, manufacturing and electronics.
Sim Infosystems Catering with a unique level of expertise in state-of-art Operator Training Simulator (OTS) to the Process and Power industries.
SimScale Offers products on fluid dynamics, structural mechanics, thermal simulation, validation cases, and cloud-based CAE for CFD, FEA, and thermodynamic analysis.
SIMUL8 Specialized in solutions like Simulation, Business Modeling, Sales, Marketing, Project Management, Business Improvement, Innovation, Six Sigma, Product Development, Lean Manufacturing, Healthcare...
Simulation India Provides Simulation, Training and Development tools in the field of Design, Engineering, Education, R&D and Industry.
SimulationHub Provides CFD simulation apps for designers with customized work-flow for specific industry problems.
Simulink Offers simulation of products and improves product appearance, behavior, and performance.
SoftCast Technologies Develops state-of-the-art simulation software and provide corresponding solutions and services in the domain of metal casting and design.
SolidWorks Corporation Expert solution provider for PLM, Design, 3D Design, 3D Digital Mock-Up (DMU), Product Lifecycle Management (PLM), Simulation, CAD, Aerospace & Defense, Architecture, Engineering & Construction.
TECHNOTROVE Focuses across numerous industries with various solutions such as mining simulator, driving simulator, Virtual Reality Aviation Aircraft Simulators and other training services.