This article provides an analytical overview of 10 new simulation solutions like simulation cloud, brownfield facility digitization, weather simulations, and much more. The companies developing these solutions leverage advanced algorithms, real-time data analysis, and immersive technologies. Their innovative simulation techniques enhance operational accuracy, decision-making, and efficiency. In this way, these companies’ contributions highlight the diverse and expanding applications of simulation technologies in various sectors. We updated this report 5 days ago. Missing information? Contact us to add your insights.
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Key Takeaways
Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the simulation industry. This sector is marked by key trends and a substantial workforce, shaping its future. Here are some key insights at a glance:
- Current Simulation Trends: Some of the major trends impacting the simulation software sector are AI, augmented reality (AR) & virtual reality (VR), digital twins, and cloud computing.
- Simulation Market Statistics: The global simulation software sector encompasses 96.8K+ organizations and has a massive 5 million workforce. It is experiencing a dip of 0.98% in annual growth rate but has seen the emergence of 7.5K+ new simulation companies in the past five years. On average, each of these companies employs about 12 people.
- 10 New Simulation Solutions to Watch:
- RIIICO – AI-powered Industrial Metaverse
- Risen Lighten – Autonomous Driving Simulation
- Inn-Force Technologies – War Game Simulation for Defense
- Quaisr – Digital Twin-based Industrial Simulation
- Antaris – Rapid Mission & Spacecraft Design
- Esylys – Dynamic Simulation for Energy Systems
- Zensimu – Supply Chain & Manufacturing Simulation Games
- Cerebre – Advanced Field Operations Simulation
- TenFong – Industrial Simulation Solutions
- variate.energy – Weather Simulations for Renewables
Discover 10 out of 7.5K+ Emerging Simulation Solutions
In this section, we spotlight the 10 best simulation solutions transforming the industry. These companies offer technologies for energy management, supply-chain optimization, brownfield facility digitization, and more. Featured solutions include advanced modeling techniques, real-time data integration, and immersive visual simulations. Read on to explore many more innovative solutions that these companies offer!
Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.
1. RIIICO
- Founding Year: 2021
- Employee Range: 11-50
- Location: Germany
- Signal Strength: Very Strong
- What they do: RIIICO develops an industrial metaverse by changing complex factory scanning data into precise and manageable digital twins. Its AI engine processes factory data to detect objects in industrial environments with high transparency and accuracy. The AI engine’s connectors also integrate with a range of software systems. This allows factories to maintain control over their data while improving their AI engine’s performance by promoting interoperability. Additionally, RIIICO’s Data Manager enables floor managers and manufacturers to access and manage their industrial metaverse and digital factories. This system benefits industries engaged in large-scale manufacturing by optimizing data visualization and interaction, streamlining processes and improving efficiency.
2. Risen Lighten
- Founding Year: 2021
- Employee Range: 1-10
- Location: China
- Signal Strength: Medium Strong
- What they do: Risen Lighten offers an AI-powered autonomous driving development and testing platform. It simulates real driving environments using AI traffic flow and high-fidelity dynamic models. Moreover, the platform features target-level sensor modeling and heterogeneous traffic participants to enhance realism. Its high scene coverage and efficient data generation ensure thorough testing. Risen Lighten supports developers and engineers in achieving high-fidelity simulations and, in turn, developing safer and more efficient autonomous driving systems.
3. Inn-Force Technologies
- Founding Year: 2021
- Employee Range: 11-50
- Location: India
- Signal Strength: Strong
- What they do: Inn-Force Technologies provides simulation systems and cybersecurity solutions for the defense industry. Its war game simulation system for armed forces includes the army, navy, air force, and joint command theaters. In addition, the company integrates specific terrain maps and situation analysis to enhance field deployments and establish war game system centers of excellence. Inn-Force Technologies also upscales cybersecurity measures and training to safeguard defense equipment. These services deliver high-efficiency and cost-effective training critical for the needs of digitized military forces.
4. Quaisr
- Founding Year: 2020
- Employee Range: 2-10
- Location: UK
- Signal Strength: Very Strong
- What they do: Quaisr builds a digital twin-based industrial simulation platform. It integrates with diverse modeling tools and simulation data as well as enterprise resource planning (ERP) and product lifecycle management (PLM) systems. This way, the platform enhances knowledge management, supports rapid, no-code application development, and allows for internal sharing and democratization of workflows. Key industries such as aerospace, chemicals, consumer goods, defense, energy, and pharmaceuticals benefit from Quaisr’s solutions. These sectors leverage the company’s platform to optimize processes, reduce energy consumption, and minimize physical testing.
5. Antaris
- Founding Year: 2021
- Employee Range: 11-50
- Location: USA
- Signal Strength: Very Strong
- What they do: Antaris creates a cloud-based platform that improves satellite lifecycle by streamlining processes from design to operation. The company’s software suite includes Antaris Design Studio, TrueTwin simulation environment, and SatOS spacecraft software. These solutions facilitate rapid mission and spacecraft design by offering high-fidelity simulations and simplifying mission control. They are also compatible with a range of payloads, sensors, and bus hardware, benefitting critical satellite use cases such as Earth observation, communications, and space situational awareness. This allows stakeholders in the space industry, like government agencies to private sector operators, to reduce time-to-orbit and mission operating costs.
6. Esylys
- Founding Year: 2020
- Employee Range: 2-10
- Location: India
- Signal Strength: Strong
- What they do: Esylys offers digital twin-powered dynamic simulations for energy systems and industrial processes. Its RENLE library solution features various multi-physical components for integration into real-time fluid properties. The solution simulates diverse systems like microgrids and decentralized energy hubs. Additionally, Esylys’ RELEC, a cloud-based platform, allows users to perform complex simulations without specialized software. This approach democratizes access to high-level numerical simulations for rapid virtual prototyping and precise, data-driven decision-making. These tools are also beneficial for companies without dedicated numerical teams.
7. Zensimu
- Founding Year: 2020
- Employee Range: 2-10
- Location: France
- Signal Strength: Medium
- What they do: Zensimu delivers simulation games for supply chain management and lean manufacturing. These games provide an educational and training experience that engages participants in a dynamic learning environment. The company’s Beer Game simulates supply chain operations for members to manage demand and supply while its Lean Game allows members to explore and learn Lean Six Sigma tools. This enables manufacturers and supply chain businesses to deliver a gamified learning experience to their employees and improve their performance on the production floor.
8. Cerebre
- Founding Year: 2019
- Employee Range: 11-50
- Location: USA
- Signal Strength: Very Strong
- What they do: Cerebre develops solutions to digitize the physical world. For instance, its PlantGraph platform converts brownfield piping and instrumentation diagrams (P&IDs) into dynamic, actionable data. It scrapes, digitizes, and formats old P&ID data to make it accessible and usable for field personnel and data scientists. By integrating this data with other sources, PlantGraph enables advanced plant analytics, meta-analysis, and faster field operations. Cerebre’s solutions cater to industries that involve complex physical structures such as the oil and gas, nuclear, chemical, and aerospace sectors. These sectors benefit from improved operational efficiency and decision-making capabilities through enhanced data visualization and asset connectivity modeling.
9. TenFong – company name wrong in the image
- Founding Year: 2020
- Employee Range: 2-10
- Location: China
- Signal Strength: Very Strong
- What they do: TenFong provides industrial simulations that support fluid dynamics, solid mechanics, electromagnetism, acoustics, and heat transfer. The company’s digital intelligence platform enables businesses to enhance design and operational efficiencies by leveraging big data, digital twins, and cloud computing. This allows industries, like aerospace, energy, automotive, and manufacturing, to simplify the analysis and diagnosis of their physical assets.
10. variate.energy
- Founding Year: 2020
- Employee Range: 2-10
- Location: Germany
- Signal Strength: Very Strong
- What they do: variate.energy offers weather simulations to optimize renewable energy projects. Its platform, variate.energy/code, leverages pre-trained machine learning models to simulate and quantify the impact of future weather on renewable energy systems. This allows energy companies to analyze interdependencies between wind and solar assets to increase power generation. The platform also supports in-depth assessments of on-premise renewable energy systems to optimize components and storage solutions. Financial experts use this to gain insights into risk metrics and optimize financial contracts.
Quick Tip to Find New Simulation Solutions
Utilizing a SaaS platform like the Discovery Platform for identifying new simulation solutions provides significant benefits compared to traditional scouting methods:
- Streamlined Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces your hours of conventional desk research, saving time and resources in identifying simulation innovations.
- Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the simulation industry. The platform keeps you informed with near real-time updates on emerging simulation solutions and news, enabling you to make swift and informed decisions.
- Tailored Exploration: Customize your search to focus on specific niches within the simulation sector, such as defense simulations, weather simulations, or digital twins. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.
Ready to Explore All New Simulation Solutions?
This overview highlights just a few simulation solutions from all 7.5K+ new companies currently covered by the Discovery Platform. To explore them all, book a personalized demo or download one of our free Industry Innovation Reports for a quick overview. We value collaboration with industry professionals to offer even better insights. Interested in contributing? Get in touch!
