The Generative Design Total Lifetime Value Calculator (TLVC) provides a detailed tool for businesses to compare the costs and savings of implementing generative design software in various deployment strategies.
Developed by ABI Research, The Generative Design TVLC empowers ABI Research Industrial Solution clients to plan and compare strategies for deploying generative design with fast payback periods and high value over time.
The TLVC tools answers a myriad of big-picture questions, says Pierce Owen, Principal Analyst of the Industrial Solution at ABI Research. Among those questions are:
- 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?
The tool allows Industrial Solution clients to plan a deployment of generative design software and know what value to expect and when, Owen says.
The TLVC gives solution providers with valuable third-party proof to justify technology investment. It will also help systems integrators determine whether and how to include generative design in a client’s Industry 4.0 strategy, including how it could complement 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 to get the fastest payback and the most value.
When used in conjunction with the ABI Research Industrial Solution, the TLVC gives systems integrators and technology implementers access to a full generative design application analysis and a generative design competitive assessment to education themselves on appropriate technology applications. These tools can help manufacturers digitize operations to create better quality products at lower costs.
The Generative Design TLVC will be demonstrated to attendees and exhibitors at Hannover Messe 2019 in Hannover, Germany from April 1-5, 2019.