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Getting Product Design Right the First Time with CFD Product Image

Getting Product Design Right the First Time with CFD

  • Published: May 2011
  • Region: World
  • 26 Pages
  • Aberdeen Group

This report provides guidance to help companies that develop products that are impacted by fluid or gas flow, heating or cooling, chemical reactions, turbulence, and other related physical phenomena to make better design designs that will ultimately lead to more profitable products.

As companies position themselves for the economic recovery, they are once again looking to bring new products to market quickly, yet keep costs down, while also ensuring high quality. A "get it right the first time" product development strategy is key to achieving this.

Aberdeen used the following five key performance criteria to distinguish Best-in-Class companies with top performers achieving the following results:

- 89% of products met release dates
- 28% decrease in development time since implementing the current approach for assessing product behavior
- 90% of products met quality targets
- 87% of products met cost targets
- 24% reduction in product cost time since implementing the current approach for assessing product behavior

Key Report Benefits:

- Lower Product Cost
- Produce Less Physical Prototypes
- Meet More Quality Targets

Aberdeen's Research Benchmarks provide an in-depth and comprehensive look into process, procedure, methodologies, and technologies with best practice identification and actionable recommendations.

Executive Summary
- Best-in-Class Performance
- Competitive Maturity Assessment
- Required Actions

Chapter One: Benchmarking the Best-in-Class
- The Business Needs to Obtain Better Insight into Product Behavior
- The Maturity Class Framework
- The Best-in-Class PACE Model
- Best-in-Class Strategies

Chapter Two: Benchmarking Requirements for Success
- Competitive Assessment
- Capabilities and Enablers

Chapter Three: Required Actions
- Laggard Steps to Success
- Industry Average Steps to Success
- Best-in-Class Steps to Success

Appendix A: Research Methodology
Appendix B: Related Aberdeen Research

List of Figures

Figure 1: Top Business Pressures Driving a Better Understanding of Product Behavior
Figure 2: Top Challenges of Understanding Product Behavior
Figure 3: Additional Benefits since Implementing Current Approach for Assessing Product Behavior
Figure 4: Best-in-Class Enjoy a Higher Percent Increase in Profit Margins for New Products
Figure 5: Top Strategies to Improve How Product Behavior Is Assessed
Figure 6: Leading Impacts of Not Using CFD
Figure 7: Best-in-Class Processes to Assess Product Behavior
Figure 8: Best-in-Class Capabilities to Manage Analysis Knowledge
Figure 9: Best-in-Class Capabilities to Continuously Improve Analyses
Figure 10: Best-in-Class Value Simulation Accuracy
Figure 11: When looking at simulation tools are you willing to trade accuracy for:

List of Charts

Table 1: Top Performers Earn Best-in-Class Status
Table 2: The Best-in-Class PACE Framework
Table 3: The Competitive Framework
Table 4: Top 5 Most Useful CFD Functions for the Best-in-Class
Table 5: The PACE Framework Key
Table 6: The Competitive Framework Key
Table 7: The Relationship Between PACE and the Competitive Framework

Format Properties
Electronic (PDF) The report will be emailed to you. The report is sent in PDF format. This is a single user license, allowing one specific user access to the product.
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