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    ANSS   US03662Q1058

ANSYS, INC.

(ANSS)
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Ansys Expands Cloud Footprint to Support AWS Graviton2 Processors

07/19/2021 | 07:00am EDT

Ansys is providing state-of-the-art simulation solutions for AWS Graviton2 processors empowering Ansys customers with more affordable access to Amazon Web Services cloud computing resources. The collaboration marks the first availability of Ansys' electronic design automation (EDA) semiconductor simulation solutions on the Arm Neoverse™ architecture, empowering engineering teams to improve design efficiency and ensure optimum chip performance. Complex simulations harness thousands of cores in the cloud over multiple days, which can be a significant part of product development costs. To achieve better price/performance and increase team-wide efficiency in the cloud, engineers require a cost-effective solution to work faster and more efficiently. Beginning with Ansys' APL characterization tool, Ansys will offer more of its semiconductor analysis software product suite, supporting the Arm Neoverse architecture that is used by AWS Graviton2-powered Amazon Elastic Compute Cloud (EC2) instances. Arm engineers use APL and thousands of cores to characterize design libraries and calculate chip power and reliability substantially enhancing workload efficiency and ensuring chips will work optimally at mandated frequencies. The deployment of Ansys' APL characterization tool on Arm Neoverse affordably expedites the development and verification of technology solutions for Ansys customers on AWS. The availability of Ansys products on Amazon EC2 provides Arm engineers and AWS customers the option to lower their cloud computing expenses. The Graviton2 processor built on the Arm Neoverse architecture delivers up to 40% better price performance over comparable current generation instances for a wide variety of workloads.


© S&P Capital IQ 2021
Stocks mentioned in the article
ChangeLast1st jan.
ANSYS, INC. 0.47% 374.5 Delayed Quote.2.94%
WISDOMTREE CLOUD COMPUTING UCITS ETF - ACC - USD 1.33% 59.625 Delayed Quote.12.03%
All news about ANSYS, INC.
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09/01ANSYS : Signs Agreement to Expand Product Distribution in Japan, Reach More Smal..
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09/01Ansys and SB C&S Signs an Agreement to Expand the Distribution of Ansys Produ..
CI
08/30EQT : Unit to Divest Software Company Zemax to Ansys
MT
08/30ANSYS : to Acquire Zemax for Undisclosed Sum
MT
08/30EQT : Private Equity to sell Zemax
AQ
08/30ANSYS : to Acquire Zemax Pursuant to Definitive Acquisition Agreement
PR
08/30ANSYS, Inc. agreed to acquire Zemax, LLC from EQT Mid Market US managed by EQ..
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Analyst Recommendations on ANSYS, INC.
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Financials (USD)
Sales 2021 1 879 M - -
Net income 2021 422 M - -
Net cash 2021 289 M - -
P/E ratio 2021 78,2x
Yield 2021 -
Capitalization 32 676 M 32 676 M -
EV / Sales 2021 17,2x
EV / Sales 2022 15,5x
Nbr of Employees 4 900
Free-Float 91,1%
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Technical analysis trends ANSYS, INC.
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 17
Last Close Price 374,50 $
Average target price 378,63 $
Spread / Average Target 1,10%
EPS Revisions
Managers and Directors
Ajei S. Gopal President, Chief Executive Officer & Director
Nicole Anasenes Chief Financial Officer & Senior Vice President
Ronald W. Hovsepian Chairman
Prithviraj Banerjee Chief Technology Officer
Maria T. Shields Senior Vice President-Administration
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