We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
ANSYS (ANSS), Rolls-Royce & Intel to Transform Turbine Engine
Read MoreHide Full Article
ANSYS (ANSS - Free Report) , Rolls-Royce and Intel have joined forces to enhance the efficiency of Rolls-Royce's gas-turbine engine simulations, resulting in significant time and cost savings.
The collaboration and the utilization of ANSYS simulation tools and Intel's high-performance computing technologies have reduced the simulation time for the thermo-mechanical model of the engine from 1,000 hours to less than 10 hours, added ANSYS.
This will likely have a positive impact on energy consumption and development expenses. The project also received support from the Oak Ridge Leadership Computing Facility, HPE and researchers at the National Center for Supercomputing Applications.
Rolls-Royce will leverage ANSYS and Intel's cutting-edge technologies to accelerate engineering solve times, decrease operational power consumption and create virtual prototypes of gas turbine engines up to 100 times faster, added ANSYS. This acceleration enables Rolls-Royce to deploy environmentally friendly propulsion solutions for critical applications in the air, sea and land.
Moreover, the collaboration between ANSYS and Intel supports digital research and development efforts, incorporating simulation and digital twins to enhance engine design for sustainable and climate-neutral solutions in drive, propulsion and power generation.
Rolls-Royce plans to achieve its goal of reaching net-zero emissions by 2030. ANSYS and Intel's technologies provide the means to develop smarter, cleaner, and safer engines, thereby contributing to a more sustainable future for aviation while reducing Rolls-Royce's operational carbon footprint.
ANSS develops and globally markets engineering simulation software and services widely used by engineers, designers, researchers and students across a broad spectrum of industries and academia.
The company announced that it plans to reduce its carbon footprint by 15% by minimizing materials waste and physical prototyping. The company plans to reach its target by 2027.
In June, ANSS announced that its simulation solutions are being leveraged by Lufthansa Technik to develop and certify AeroSHARK, a revolutionary biomimetic coating technology inspired by shark skin. The collaboration is aimed at enhancing AeroSHARK's ability to improve sustainability in air transport and promote a more sustainable future for commercial aircraft.
ANSS currently carries a Zacks Rank #3 (Hold). Shares of the company have gained 46.8% in the past year compared with the sub-industry’s rise of 39%.
The Zacks Consensus Estimate for Dropbox’s 2023 earnings has increased 10.1% in the past 60 days to $1.85 per share. The long-term earnings growth rate is anticipated to be 12.3%.
Dropbox’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 10.4%. Shares of DBX have gained 16% in the past year.
The Zacks Consensus Estimate for Badger Meter’s 2023 earnings has increased 4.7% in the past 60 days to $2.69 per share.
Badger Meter’s earnings beat the Zacks Consensus Estimate in all the last four quarters, the average being 5.3%. Shares of BMI have surged 102.9% in the past year.
The Zacks Consensus Estimate for Blackbaud’s 2023 earnings has increased 9.3% in the past 60 days to $3.75 per share.
Blackbaud’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average surprise being 10.4%. Shares of the company have jumped 31.1% in the past year.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
ANSYS (ANSS), Rolls-Royce & Intel to Transform Turbine Engine
ANSYS (ANSS - Free Report) , Rolls-Royce and Intel have joined forces to enhance the efficiency of Rolls-Royce's gas-turbine engine simulations, resulting in significant time and cost savings.
The collaboration and the utilization of ANSYS simulation tools and Intel's high-performance computing technologies have reduced the simulation time for the thermo-mechanical model of the engine from 1,000 hours to less than 10 hours, added ANSYS.
This will likely have a positive impact on energy consumption and development expenses. The project also received support from the Oak Ridge Leadership Computing Facility, HPE and researchers at the National Center for Supercomputing Applications.
ANSYS, Inc. Price and Consensus
ANSYS, Inc. price-consensus-chart | ANSYS, Inc. Quote
Rolls-Royce will leverage ANSYS and Intel's cutting-edge technologies to accelerate engineering solve times, decrease operational power consumption and create virtual prototypes of gas turbine engines up to 100 times faster, added ANSYS. This acceleration enables Rolls-Royce to deploy environmentally friendly propulsion solutions for critical applications in the air, sea and land.
Moreover, the collaboration between ANSYS and Intel supports digital research and development efforts, incorporating simulation and digital twins to enhance engine design for sustainable and climate-neutral solutions in drive, propulsion and power generation.
Rolls-Royce plans to achieve its goal of reaching net-zero emissions by 2030. ANSYS and Intel's technologies provide the means to develop smarter, cleaner, and safer engines, thereby contributing to a more sustainable future for aviation while reducing Rolls-Royce's operational carbon footprint.
ANSS develops and globally markets engineering simulation software and services widely used by engineers, designers, researchers and students across a broad spectrum of industries and academia.
The company announced that it plans to reduce its carbon footprint by 15% by minimizing materials waste and physical prototyping. The company plans to reach its target by 2027.
In June, ANSS announced that its simulation solutions are being leveraged by Lufthansa Technik to develop and certify AeroSHARK, a revolutionary biomimetic coating technology inspired by shark skin. The collaboration is aimed at enhancing AeroSHARK's ability to improve sustainability in air transport and promote a more sustainable future for commercial aircraft.
ANSS currently carries a Zacks Rank #3 (Hold). Shares of the company have gained 46.8% in the past year compared with the sub-industry’s rise of 39%.
Image Source: Zacks Investment Research
Stocks to Consider
Some better-ranked stocks in the broader technology space are Dropbox (DBX - Free Report) , Badger Meter (BMI - Free Report) and Blackbaud (BLKB - Free Report) . Dropbox sports a Zacks Rank #1 (Strong Buy), whereas Badger Meter and Blackbaud hold a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dropbox’s 2023 earnings has increased 10.1% in the past 60 days to $1.85 per share. The long-term earnings growth rate is anticipated to be 12.3%.
Dropbox’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 10.4%. Shares of DBX have gained 16% in the past year.
The Zacks Consensus Estimate for Badger Meter’s 2023 earnings has increased 4.7% in the past 60 days to $2.69 per share.
Badger Meter’s earnings beat the Zacks Consensus Estimate in all the last four quarters, the average being 5.3%. Shares of BMI have surged 102.9% in the past year.
The Zacks Consensus Estimate for Blackbaud’s 2023 earnings has increased 9.3% in the past 60 days to $3.75 per share.
Blackbaud’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average surprise being 10.4%. Shares of the company have jumped 31.1% in the past year.