AAH #797 - How to Catch Up to China Speed

But let's talk digital industries, digital technologies.

So I'll pick it off, and then you guys jump in.

But speed to market, China speed, is what everybody is talking about so much in the industry these days.

And one of the key ways of achieving that, of course, is simulation.

And I've got to believe this is one of the things that Siemens is deeply into.

Yeah.

Oh, gosh, I think it's the foundation of everything we do.

So we often talk about digital twin, and people have a different representation of digital twin.

You'll hear a lot of people talk about it, and they think about it as a sophisticated 3D CAD model, but it's just so much more than that.

And it's really important to set that up before even getting into the simulation, because when we represent the digital twin correctly...

It's a multifaceted, multi-physics, multi-function model.

And so it's going to represent your engineering domain.

It's going to represent your flow down to your requirements, your system model thinking in this 3D geometry.

And it also can represent how you produce the product.

And so this connected set of capabilities When it's there and it's there properly, what you can do with simulation is absolutely outstanding.

And that's where we see, I think, some of the key advancements to drive NPI cycles.

And so, yeah, it's a highly important area.

And I think you guys saw we spent a couple of bucks on an acquisition not that long ago, a company based in Troy, Altair.

And that's been a huge, huge benefit to the overall portfolio.

I don't know if it was

part of the Altair purchase, but I think I saw that a recent EV development program brought to market in 22 months.

Yeah, we even showcased that you were talking about Realize Live earlier, our user event in Detroit.

And so we had over 3,000 people.

And we have a Texlence award and so we did, Lucid was one of the nominees.

They did some really amazing work in compressing their vehicle development cycle and eliminating a significant amount of physical prototypes.