Ansys Announces Prithviraj and Swati Banerjee Chair Professorship at the Indian Institute of Technology Kharagpur

Rhea-AI Summary

Ansys (NASDAQ: ANSS) has established the Prithviraj and Swati Banerjee Chair Professorship at IIT Kharagpur, aimed at enhancing research in electronics and communication engineering. This endowment will provide students with access to Ansys simulation solutions, promoting industrial collaboration and addressing the skills gap in engineering. Prith Banerjee, Ansys CTO and IIT Kharagpur alumnus, emphasized the importance of preparing students for technology challenges through this initiative. This effort aligns with IIT Kharagpur's vision to become a top ten global university by 2030.

Positive

• Establishment of the Prithviraj and Swati Banerjee Chair Professorship at IIT Kharagpur.
• Enhanced access to Ansys simulation solutions for students, fostering innovation.
• Strengthened relationship with IIT Kharagpur, a prestigious engineering institution.

Negative

• None.

PITTSBURGH, July 23, 2021 /PRNewswire/ --

/ Key Highlights

• Prith Banerjee, Ansys CTO, and his wife, Swati Banerjee, endowed the Indian Institute of Technology (IIT) Kharagpur with the Prithviraj and Swati Banerjee Chair Professorship
• The endowment is intended to spur research and provide IIT Kharagpur students with access to Ansys simulation solutions

Prith Banerjee, Ansys (NASDAQ: ANSS) CTO, and his wife, Swati Banerjee signed a memorandum of understanding to create the Prithviraj and Swati Banerjee Chair Professorship for IIT Kharagpur's department of electronics and electrical communication engineering. In line with Ansys' commitment to close the skills gap and help companies innovate faster, the chair professorship will encourage research and industrial collaboration while expanding student access to Ansys simulation solutions.

Banerjee graduated from IIT Kharagpur, a top engineering college in India, with a bachelor's degree in electronics and electrical communication engineering in 1981. At Ansys, Banerjee remains committed to academia by leading a robust ecosystem of programs used by more than 2,750 universities in 90 countries for teaching and research. Ansys also offers free student downloads, the Ansys Learning Forum and Ansys' award-winning Ansys Innovation Courses, all designed to lower the barrier to simulation.

"We are deeply grateful for Prith and Swati Banerjee's generosity and excited to expand our relationship with Ansys as the world leader in simulation," said Virendra Tewari, director, IIT Kharagpur. "This endowment and the use of Ansys in the classroom will help IIT Kharagpur realize its 2030 vision of ranking among the top ten universities in the world. We look forward to watching our students take advantage of these new resources, excelling in future careers and making a positive impact on the world, just as Prith has."

"It is crucial to better prepare engineering students as they enter a world exploding with complex technologies," said Prith Banerjee, CTO, Ansys. "I can say from personal experience that IIT Kharagpur excels in preparing its students for real-world challenges. I am confident the Prithviraj and Swati Banerjee Chair Professorship – along with access to Ansys' industry-leading simulation solutions – will strengthen an already impeccable engineering program."

/ About Ansys

If you've ever seen a rocket launch, flown on an airplane, driven a car, used a computer, touched a mobile device, crossed a bridge or put on wearable technology, chances are you've used a product where Ansys software played a critical role in its creation. Ansys is the global leader in engineering simulation. Through our strategy of Pervasive Engineering Simulation, we help the world's most innovative companies deliver radically better products to their customers. By offering the best and broadest portfolio of engineering simulation software, we help them solve the most complex design challenges and create products limited only by imagination. Founded in 1970, Ansys is headquartered south of Pittsburgh, Pennsylvania, U.S.A. Visit www.ansys.com for more information.

Ansys and any and all ANSYS, Inc. brand, product, service and feature names, logos and slogans are registered trademarks or trademarks of ANSYS, Inc. or its subsidiaries in the United States or other countries. All other brand, product, service and feature names or trademarks are the property of their respective owners.

ANSS–G

/ Contacts

Media	Mary Kate Joyce
	724.820.4368
	marykate.joyce@ansys.com

Investors	Kelsey DeBriyn
	724.820.3927
	kelsey.debriyn@ansys.com

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SOURCE Ansys

FAQ

What is the purpose of the Prithviraj and Swati Banerjee Chair Professorship at IIT Kharagpur?

The chair professorship aims to enhance research and provide students access to Ansys simulation solutions, fostering industrial collaboration.

Who endowed the chair professorship at IIT Kharagpur?

The chair professorship was endowed by Prith Banerjee, CTO of Ansys, and his wife, Swati Banerjee.

What impact does Ansys expect from this endowment at IIT Kharagpur?

Ansys expects the endowment to help prepare engineering students for complex technological challenges and support IIT Kharagpur's vision of becoming a top ten global university.

What is Ansys's role in education following this announcement?

Ansys continues to support over 2,750 universities worldwide, enhancing educational resources through programs like free student downloads and Ansys Innovation Courses.

When was the Prithviraj and Swati Banerjee Chair Professorship announced?

The chair professorship was announced on July 23, 2021.