Benchmark studies performed with DARPA have demonstrated that AltaSim Technologies' computer based Simulation Engineering can reduce the cost of new product and technology development by up to 90% and simultaneously reduce the cycle time for development by up to 50% compared to traditional iterative design-testevaluation- redesign approaches. AltaSim's approach integrates the fundamental physics of the relevant phenomena with an accurate representation of the product or process to allow real world design through the application of science. When coupled with our proprietary Lean Innovation and Virtual Product Development tools, our customers have seen the benefits in:
- Proof of concept: Demonstrate viability of technology for the intended purpose prior to large capital investment
- Prototype design: Design of product/process prototype with decreased time and cost to market
- Manufacturing technology: Identification of critical stages in the manufacturing processes that require control to maintain product performance
- Product extension: Development of second generation product/process design
- Product optimization: Identification of optimum product/process design with minimization of manufacturing operations and consolidation of components without loss of product functionality
With this approach AltaSim has accelerated the implementation of new products and technology into the market across a range of applications allowing our customers to:
- Increase the rate at which new designs of consumer products reach the market
- Redesign innovative medical technologies to function effectively and exceed initial performance targets
- Identify manufacturing tolerances for viable production of innovative communications technology
- Demonstrate viability of alternative energy based technology
- Optimize product performance and minimize product production cost
The insight, understanding and knowledge gained from these approaches strengthen the customer's technology foundation and provide a foundation for future innovation and technology implementation. Customers are able to apply market-focused product and technology development solutions to real world problems allowing them to innovate rapidly and gain competitive advantage by minimizing the time between concept development and successful implementation of commercially viable products.