Honour roll recognises sustained growth
An
Ansys product story
Edited by the Engineeringtalk editorial team
Oct 23, 2006
Ansys has been named to the software industry Sustained Success Honour Roll for the third consecutive year.
Ansys has been named to the software industry Sustained Success Honour Roll for the third consecutive year.
Culled from a list of more than 500 public software companies compiled annually by Cape Horn Strategies, Ansys is one of 20 that made the 2006 honour roll.
Companies included in the list have an outstanding record of growing profitability for the past five consecutive years or more.
With 10 consecutive years of profitable growth, Ansys is the only engineering simulation software company that made the Sustained Success Honour Roll, as well as one of only eight software companies that reported at least 10 consecutive years of growing profitability.
According to analysis firm Cape Horn Strategies, honour roll members significantly outperformed industry averages.
Founder and President of the firm Brian Turchin said: "Of all the software companies on the US stock exchanges - NYSE, AMEX, Nasdaq - only 20 managed to achieve a record of five consecutive years or more of profitable growth".
"This is rare and outstanding, considering that the software segment and industry as a whole suffered through one of its worst economic declines in the years 2001 to 2004".
"Our honour roll is comprised of companies like Ansys, which has managed not only to survive in tough economic times but also to thrive".
"Even more of a rarity, only eight companies have a decade or more of consecutive growth - and Ansys is among them".
"For Ansys to be again named among an elite group of companies and to be the only engineering simulation company on this prestigious list is confirmation of our leadership and growth position in the industry and a testament to our long-term success and stability", said Jim Cashman, President and Chief Executive Officer at Ansys.
"Our ability to sustain a remarkable record of steady profitable growth through even the most difficult economic periods can be attributed to our solid business model, judicious planning, financial discipline, strong traction of our strategic message in the market as well as distribution of revenue across different industries, geographies and sales channels".
"All this aids in insulating our overall performance from swings and unevenness in any individual segment".
"Guiding our direction throughout this past decade and into the future is a singular long-term vision of making innovative, powerful engineering simulation technology more accessible to a broader range of users and a more integral part of their product design process".
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