Ansys Supports LG Electronics to Advance Their Sustainability and Digital Transformation Efforts

PITTSBURG, February 17, 2022 / PRNewswire / –

/ Highlights

  • Best-in-class simulation solutions from Ansys will help LG develop its next-generation technology with a focus on sustainability and digital transformation
  • Ansys and LG Electronics sign new multi-year enterprise licensing agreement that will guide collaborative innovation based on research and development based on simulation (R&D)

Ansys (NASDAQ: ANSS) delivers LG Electronics ’modeling solutions to help strengthen its resilience and digital transformation efforts by integrating virtual computer-aided design (CAE) modeling into the earliest stages of product development. Integration will increase the efficiency of technology and product, while reducing development time, the need for a physical prototype and the associated costs. The collaboration will be backed by a new five-year enterprise license agreement that provides LG Electronics with ongoing access to high-level Ansys simulation solutions, building on long-standing relationships and previous agreements.

Ansys simulation solutions will support LG to accelerate and optimize product development in its core technologies and sectors, such as healthcare, sensors, equipment and materials, which are key electronics areas of LG Electronics ’digital transformation. For example, the Ansys virtual model, capable of combining 1D-3D, can support LG Electronics to develop the dynamic characteristics of a compressor, the main module of home appliance products that expands design possibilities. In addition, with an accuracy of forecasting performance of more than 95%, simulation solutions from Ansys have saved production resources, contributing to a more sustainable streamlining of product development by significantly reducing material usage, costs and multiple renovations.

“With the active support of Ansys, we can streamline workflows and introduce next-generation high-quality products faster than expected,” said Dehva Jeong, executive vice president and head of PRI (Research Research Institute) at LG Electronics. “We are confident in our shared potential for growth and look forward to future developments. Equally important, we will reduce our carbon footprint and move forward on digital transformation.”

“Applying CAE and advanced simulation solutions from Ansys, including artificial intelligence / machine learning (AI / ML), high-performance computing, digital duplicates, optics and vertical healthcare, Ansys will undoubtedly help LG Electronics promote product development, while support for sustainability and digital transformation, ”he said Prith Banerjee, Chief Technology Officer of Ansys. “Any collaboration between LG Electronics and Ansys – creative, strategic or technological – is inspiring, timely and profitable for both companies.”

The partnership with LG Electronics confirmed its impact during the pandemic, as Ansys gave LG Electronics engineers access to the Ansys Learning Hub for hands-on training in critical modeling, while personal contact and on-site resources were limited. Under the new agreement, companies will expand collaborative innovation through collaborative technology seminars, conferences and other opportunities.

/ About Ansys

If you’ve ever seen a rocket launch, fly a plane, drive a car, use a computer, touch a mobile device, cross a bridge, or use wearable technology, chances are you’ve used a product that sounded like Ansys software in its creation. Ansys is a world leader in engineering modeling. Through our Universal Engineering Modeling strategy, we help the world’s most innovative companies deliver to their customers radically the best products. Offering the best and widest portfolio of engineering modeling software, we help them solve the most complex design problems and create products limited only by imagination. Founded in 1970, Ansys is headquartered south of Pittsburgh, PennsylvaniaUSA Visit www.ansys.com for more information.

Ansys and all brand names, products, services and features, logos and slogans of ANSYS, Inc. are registered trademarks or trademarks of ANSYS, Inc. or its subsidiaries in USA or other countries. All other brand names, products, services and features or trademarks are the property of their respective owners.

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