Ansys boosts its IP, skills to capture future business

Ansys boosts its IP, skills to capture future business
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AltX-listed digital technology solutions company Ansys has invested in developing its intellectual property (IP) and human capital to capture new business as a result of the digitalisation of operations in the sectors in which it operates, Ansys Group CEO Teddy Daka said during a presentation of the company’s results for the six months to September 30, on Thursday. The interim results reflect muted market conditions and, although the investment in IP and human capital had a negative impact on profits during the interim period, the new skills and IP are part of the company’s new strategy of creating a “sustainable business capable of seizing additional market segments and the opportunities presented by digitalisation”, he said.



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