ANSYS, Inc. (ANSS)

ANSYS, Inc. is a prominent engineering simulation software company that was founded in 1970 by John Swanson. Headquartered in Canonsburg, Pennsylvania, ANSYS provides a wide range of tools for simulating various physical phenomena, including structural, thermal, fluid dynamics, and electromagnetic analyses, aiding in product design and validation across industries. Over the years, the company has established itself as a leader in simulation technology, enabling engineers to drive innovation by testing product designs virtually. In recent years, ANSYS has been focusing on expanding its capabilities in new technology areas like digital twins and the Internet of Things. As of 2023, ANSYS reported significant financial growth, with revenue exceeding $2 billion, reflecting its critical role in the engineering and technology landscape globally.