One Model, One Solver: Altair and LG Electronics Develop All-in-One Analysis Solution to Significantly Extend Product Lifespans
Rhea-AI Summary
Altair (Nasdaq: ALTR) and LG Electronics Vehicle component Solutions Company have collaborated to develop an integrated fatigue analysis solution using Altair® OptiStruct®. This collaboration has reduced development time for vehicle infotainment components by over 20%. The new solution streamlines the previously complex process of using multiple software tools and models for fatigue damage evaluation.
Key benefits include:
- Enhanced prediction of product safety and durability
- Accelerated advancements in manufacturing industries
- Identification and rectification of potential issues at the design stage
- Improved product durability and performance
OptiStruct, part of the Altair® HyperWorks® platform, offers comprehensive solutions for linear and nonlinear analyses across various disciplines, driving design optimization and structural performance validation globally.
Positive
- Collaboration with LG Electronics reduced development time for vehicle infotainment components by over 20%
- New integrated fatigue analysis solution streamlines complex processes
- Enhanced prediction of product safety and durability
- Improved product lifespan and performance
- Potential for accelerated advancements in various manufacturing industries
Negative
- None.
Insights
The collaboration between Altair and LG Electronics marks a significant advancement in product development for the automotive industry, particularly in vehicle infotainment components. By integrating Altair's OptiStruct software into LG's development process, they've achieved a 20% reduction in development time, which is a substantial efficiency gain in the competitive automotive tech sector.
This partnership showcases the power of AI-driven engineering in solving complex challenges. The multiphysics-based, integrated fatigue analysis solution they've developed addresses a critical need in the industry - extending product lifespans while simultaneously accelerating the development process. This dual benefit could give LG Electronics a significant edge in the market.
From an investor's perspective, this collaboration has several positive implications:
- Increased efficiency could lead to faster time-to-market for new products, potentially boosting LG's market share in the automotive components sector.
- Improved product durability may result in higher customer satisfaction and potentially increased orders from OEMs.
- The partnership with Altair, a leader in computational intelligence, positions LG at the forefront of technological innovation in their field.
However, it's important to note that while this development is promising, its full impact on LG Electronics' bottom line remains to be seen. Investors should monitor future financial reports to gauge the tangible benefits of this technological advancement.
The collaboration between Altair and LG Electronics represents a significant leap forward in the automotive infotainment sector. By reducing development time by over
This advancement is particularly important given the increasing complexity of vehicle infotainment systems. As cars become more connected and autonomous, the demands on these systems are growing exponentially. The ability to conduct comprehensive fatigue analysis early in the design process could be a game-changer, potentially reducing warranty claims and improving overall vehicle reliability.
Moreover, this development aligns with the broader trend in the automotive industry towards digital twin technology and virtual product development. By creating more accurate digital models and simulations, manufacturers can reduce physical prototyping costs and accelerate the development cycle.
For investors, this collaboration signals LG's commitment to maintaining a competitive edge in the lucrative automotive components market. However, it's worth noting that the true test will be in the long-term performance and reliability of the products developed using this new process. The automotive industry has stringent quality standards and any improvements in product lifespan could translate into significant competitive advantages and potentially increased market share for LG Electronics in the vehicle component solutions sector.
Complex fatigue analysis reduced development time for vehicle infotainment components by more than
Previously, LG Electronics relied on multiple software tools and models for fatigue damage evaluation during product development, leading to prolonged analysis times and complex model management. To streamline this process, Altair and LG Electronics have developed a multiphysics-based, integrated fatigue analysis solution.
"Our collaboration with LG Electronics enhances the prediction of its products' safety and durability and accelerates advancements in various manufacturing industries, including electronic components," said Sam Mahalingam, chief technology officer, Altair. "This effort further validates Altair's leadership in electronics, helping our customers solve their toughest challenges and take ideas from concept to production faster than ever."
Leveraging its experience in mass-producing, next-generation vehicle infotainment components, LG Electronics provided various cases to enhance the software's accuracy and reliability through learning and development. This collaboration allows users to identify and rectify potential issues at the design stage, significantly extending product lifespans. Furthermore, the integrated analysis process analyzes stress and strain in various environments for optimal designs, improving product durability and performance.
"Developing safe, high-quality automotive components for our OEM customers involves numerous tests, analyses, and verification processes," said Sangyong Lee, head of the LG Electronics VS division research lab. "This collaboration combines LG Electronics' expertise with Altair's AI-powered engineering technology, enhancing our competitiveness as a solution provider."
Building on more than 25 years of innovation, OptiStruct is a proven, modern structural solver with comprehensive, accurate, and scalable solutions for linear and nonlinear analyses across statics and dynamics, vibrations, acoustics, fatigue, heat transfer, and multiphysics disciplines. It is used globally at industry-leading companies to drive design with optimization and validate structural performance. For the past two decades, OptiStruct topology optimization has driven the lightweight and structurally efficient designs of products you see and use every day. OptiStruct offers many other structural optimization methods and a broad range of essential manufacturing constraints for traditional processes, composites, and additive manufacturing.
For more information about Altair HyperWorks visit https://altair.com/altair-hyperworks.
About Altair
Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. To learn more, please visit www.altair.com.
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SOURCE Altair
FAQ
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