Cadence And Dassault Systèmes Unveils Collaborative Experience To Transform The Development Of Electromechanical Systems
Portfolio Pulse from Benzinga Newsdesk
Cadence Design Systems, Inc. (CDNS) and Dassault Systèmes (DSY.PA) have announced an extension of their strategic partnership to integrate Cadence's AI-driven OrCAD X and Allegro X with Dassault's 3DEXPERIENCE Works Portfolio for SOLIDWORKS customers. This collaboration aims to accelerate the development of electromechanical systems by offering a cloud-enabled, end-to-end solution that promises up to a 5X reduction in design turnaround time. The solution enhances collaboration across PCB, 3D mechanical design, and simulation, optimizing performance, reliability, manufacturability, and cost. It will be available in Q2 2024.
February 12, 2024 | 2:01 pm
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POSITIVE IMPACT
Cadence's strategic partnership with Dassault Systèmes to integrate AI-driven design tools signifies an advancement in electromechanical system development, promising a significant reduction in design turnaround time.
The partnership with Dassault Systèmes positions Cadence at the forefront of electromechanical system development, potentially increasing its market share and customer base in this rapidly growing sector.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Dassault Systèmes' collaboration with Cadence to offer an integrated solution for electromechanical system development highlights its commitment to innovation and customer satisfaction in the design and simulation space.
By enhancing its 3DEXPERIENCE platform through the partnership with Cadence, Dassault Systèmes is likely to attract more customers seeking advanced electromechanical design solutions, potentially boosting its revenue and market position.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90