Generative Design Calculator Assists in Better Technology-Based Decision-Making
The Generative Design Total Lifetime Value Calculator enables ABI Research Industrial Solution clients to plan and compare the best strategies for deploying generative design.
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April 2, 2019
The Generative Design Total Lifetime Value Calculator (TLVC) is a detailed tool for comparing the costs and savings for implementing generative design software in various deployment strategies, announces ABI Research. The Generative Design TVLC enables ABI Research Industrial Solution clients to plan and compare the best strategies for deploying generative design with fast payback periods and the most value over time.
“The TLVC tool answers the following big-picture questions: Is it worth implementing generative design? How much value can be expected from the software? How fast can I break even on my investment? How can I expect to incur costs and value in implementing generic design over time? Any of our clients who use this tool to plan a deployment of generative design software will have a very good idea of what value to expect, and when on their roadmap,” says Pierce Owen, principal analyst of the Industrial Solution at ABI Research.
The TLVC gives a third-party proof point to justify technology investment and will also help to determine whether and how to include generative design in a client’s Industry 4.0 strategy; how it could fit together with CAD software and the added benefits if their client is deploying other technologies such as additive manufacturing. Technology implementers can use the TVLC to understand and determine if they should deploy the technology and then how to deploy generative design, according to ABI Research.
“Implementers of generative design who do not use the ABI Research Industrial Solution Total Lifetime Value Calculator prior to deployment may find themselves stuck with a business model that locks them into recurring costs without recurring value or applications of the software that simply do not maximize its potential,” says Owens. “Fortunately, those with access to the ABI Research Industrial Solution can leverage not only the TLVC but also the full generative design application analysis and the generative design competitive assessment to educate themselves on the appropriate technology applications and the best-in-class generative design vendors.”
These findings are from ABI Research’s Generative Design Total Lifetime Value Calculator report. Total Lifetime Value reports offer comprehensive analysis of implementation strategies and innovation, ABI Research says.
The Generative Design Total Lifetime Value Calculator will be demonstrated to attendees and exhibitors at Hannover Messe 2019 in Hannover, Germany in early April.
Sources: Press materials received from the company and additional information gleaned from the company’s website.
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