Fluent, Inc. Announces License Agreement with Ford Motor Company

Strategic Insights -

Fluent, Inc., a leading supplier of computational fluid dynamics (CFD) software, has announced a significant license agreement with Ford Motor Company. This strategic partnership will see Fluent's software being used extensively by Ford's design engineers to simulate gas and liquid flows in various automotive systems. By leveraging CFD technology, Ford aims to reduce its reliance on costly physical prototyping and accelerate its product development cycle. The collaboration between the two companies is expected to drive growth in the automotive sector, which currently accounts for 12% of Fluent's worldwide business.

Key Takeaways:

  • Fluent, Inc. has entered into a license agreement with Ford Motor Company, expanding its use of Fluent's CFD software throughout Ford.
  • Ford's design engineers will utilize Fluent's software to simulate gas and liquid flows in various automotive systems, reducing the need for physical prototyping.
  • The partnership will primarily benefit Ford's United States and European divisions, Jaguar, and Visteon, an enterprise of Ford Motor Company that manufactures automotive components.
  • The automotive industry is a growth market for Fluent's CFD-based software tools, representing 12% of its worldwide business.
  • Fluent recently opened a new office in the Detroit area, staffed with experienced automotive CFD engineers, to provide software sales, technical support, training, and consulting services to Ford and other automotive clients.
  • Fluent's software products and services help engineers with product development, design optimization, troubleshooting, scale-up, and retrofitting, reducing engineering costs and improving product design.
  • Fluent's software is used in various industries, including automotive engineering, combustion system design, and process plant troubleshooting.

Statistics:

  • 12%: The percentage of Fluent's worldwide business that comes from the automotive industry.
  • 1995: The year Fluent introduced its FLUENT/UNS software to the automotive industry, which has since become the go-to CFD software for design engineers.
  • $0: The indicated cost of the license agreement with Ford Motor Company, as the text does not provide specific financial details.
  • 1-800-445-4454: The phone number of Fluent's customer support service.

Sources:

  • Business Wire, May 27, 1998
  • Fluent, Inc.
  • Aavid Thermal Technologies, Inc. (NASDAQ:AATT)