FORTUNE Adds Ansys to 2020 Future 50 List

Rhea-AI Summary

Ansys has been included in FORTUNE's 2020 Future 50 list, recognizing its strong long-term growth potential. The selection process involved an analysis of over 1,000 publicly traded companies by FORTUNE and Boston Consulting Group. Ansys stands out for its clear strategy, commitment to sustainability, and robust investment in research and development. With a market value of $27 billion and 40% market share in engineering simulation, Ansys generated $1.5 billion in revenue in 2019. This accolade highlights Ansys's role in aiding innovation and enhancing product development.

Positive

• Named to FORTUNE's 2020 Future 50 list for strong long-term growth potential.
• Market value of $27 billion and generated $1.5 billion in revenue in 2019.
• Holds 40% market share in engineering simulation.

Negative

• None.

PITTSBURGH, Dec. 7, 2020 /PRNewswire/ -- 

/ Key Highlights

• Ansys was named to FORTUNE's 2020 Future 50 list of companies with the strongest long-term growth potential
• FORTUNE and Boston Consulting Group analyzed dozens of factors to determine which publicly traded companies made the list

FORTUNE named Ansys (NASDAQ: ANSS) to its fourth annual Future 50 list, recognizing companies best positioned for long-term growth based on a robust methodology jointly developed by FORTUNE and management consulting firm, Boston Consulting Group (BCG).

To select the 2020 Future 50, FORTUNE and BCG evaluated more than 1,000 publicly traded companies on market potential and ability to deliver against market potential. Ansys' clear strategy, commitment to sustainability, investment in research and development, strong leadership and company structure played a significant role in its selection.

"When engineers, designers, and researchers at some of the top industrial companies seek to innovate, they turn to Ansys. The software company, with a recent market value of $27 billion, helps users create digital simulations of their soon-to-be products. Ansys is a dominant player in the space, owning 40% of market share and generating $1.5 billion in revenue in 2019. The stock has doubled over the past three years," the FORTUNE article reported.

"Ansys' inclusion on FORTUNE's Future 50 list is further evidence of the growing value of simulation," said Ajei Gopal, president and CEO at Ansys. "World-class companies and startups around the world trust our solutions to innovate and build better products while driving top-line growth and bottom-line savings. We have spent the past 50 years singularly committed to establishing that trust and being the simulation market leader, and simulation has a bright future."

Click here to view the complete 2020 FORTUNE Future 50 list or here to discover how Ansys' engineering simulation drives innovation.

/ 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	Annette N. Arribas, IRC
	724.820.3700
	annette.arribas@ansys.com

 

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SOURCE Ansys

FAQ

What list was Ansys named to in 2020?

Ansys was named to FORTUNE's 2020 Future 50 list.

What factors contributed to Ansys being included in the Future 50 list?

Ansys was evaluated based on market potential, a clear strategy, and commitment to sustainability.

What was Ansys's revenue in 2019?

Ansys generated $1.5 billion in revenue in 2019.

What is the market share of Ansys in the engineering simulation sector?

Ansys holds a 40% market share in engineering simulation.

How has Ansys's stock performance been over the past three years?

Ansys's stock has doubled over the past three years.