ANSYS Listed on Shareholder Performance Index as the Only Engineering Simulation Software Provider.
SOUTHPOINTE, Pa - ANSYS, Inc today announced that it has been named as the only engineering simulation software provider on this year’s Oliver Wyman Shareholder Performance IndexSM (SPI). This international ranking assesses the performance of firms in the communications, media and technology (CMT) industries. With an overall SPI score of 235, ANSYS placed 13th in the software and services sector. This is the second consecutive year that ANSYS has made the list.
Oliver Wyman, an international management consulting firm, combines deep industry knowledge with specialized expertise. Its SPI analyzes the top 450 publicly quoted companies worldwide in the CMT industries that have a market capitalization of at least $1 billion. The basis for Oliver Wyman’s Communications, Media, and Technology State of the Industry report, the index is designed to give senior executives insights and information to successfully navigate a highly competitive and uncertain landscape. By adjusting for the volatility of returns, currency risks, and mergers and acquisitions, the SPI enables apples-to-apples comparison of companies in widely divergent regions and sectors. It calculates shareholder value over a rolling five-year time period. Therefore, the index identifies longer-term value-migration trends, looking past distortions in the market such as last year’s volatility.
“Despite the uncertainties that persisted and customers’ continued caution due to the state of the economy, ANSYS found opportunity throughout 2009. Our commitment to a long-term investment in technology and a strong financial base served the Company well — a philosophy that has special value as we enter our 40th year of business,” said Jim Cashman, president and CEO of ANSYS, Inc. “Such commitment to deliver the industry’s most comprehensive and advanced simulation solutions has secured us a place on this prestigious list.”
Oliver Wyman is an international management consulting firm that combines deep industry knowledge with specialized expertise in strategy, operations, risk management, organizational transformation, and leadership development. The firm helps clients optimize their businesses, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is part of Marsh and McLennan Companies.
Feb 22, 2010
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