The foundational business value of design space exploration is the ability it confers on engineering teams and organizations to gain more complete, higher-fidelity visibility into product performance earlier in project schedules than was possible or practicable with older technologies and approaches. In essence, it does this by enabling more efficient, effective and revealing application of simulation, analysis and digital prototyping assets—tools, expertise, methods, work processes—to the perennial business drivers for any organization’s investments in those assets:
- To become more competitive by gaining increased capability to explore, create and innovate.
- To apply that capability to create better performing products.
- To improve product quality and reliability—yielding expanded opportunity and customer appeal at the same time as lowered warranty expenses, liability exposure and lifecycle costs.
- To control or, better yet, reduce product development schedules and budgets by supplanting costly, time-intensive physical testing with digital prototyping.