Global Process Digital Twin Supply, Demand and Key Producers, 2023-2029

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Published Date: 12 Feb 2023

Category: Service & Software

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags

Description

The global Process Digital Twin market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

This report studies the global Process Digital Twin demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Process Digital Twin, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Process Digital Twin that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Process Digital Twin total market, 2018-2029, (USD Million)
Global Process Digital Twin total market by region & country, CAGR, 2018-2029, (USD Million)
U.S. VS China: Process Digital Twin total market, key domestic companies and share, (USD Million)
Global Process Digital Twin revenue by player and market share 2018-2023, (USD Million)
Global Process Digital Twin total market by Type, CAGR, 2018-2029, (USD Million)
Global Process Digital Twin total market by Application, CAGR, 2018-2029, (USD Million)
This reports profiles major players in the global Process Digital Twin market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include General Electric, PTC, Siemens, Dassault Systemes, IBM Corporation, ANSYS, Microsoft Corporation and Oracle Corporation, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Process Digital Twin market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Process Digital Twin Market, By Region:
    United States
    China
    Europe
    Japan
    South Korea
    ASEAN
    India
    Rest of World

Global Process Digital Twin Market, Segmentation by Type
    Cloud
    On-premises

Global Process Digital Twin Market, Segmentation by Application
    Aerospace and Defense
    Automotive and Transportation
    Machine Manufacturing
    Energy and Utilities
    Others

Companies Profiled:
    General Electric
    PTC
    Siemens
    Dassault Systemes
    IBM Corporation
    ANSYS
    Microsoft Corporation
    Oracle Corporation

Key Questions Answered
1. How big is the global Process Digital Twin market?
2. What is the demand of the global Process Digital Twin market?
3. What is the year over year growth of the global Process Digital Twin market?
4. What is the total value of the global Process Digital Twin market?
5. Who are the major players in the global Process Digital Twin market?
6. What are the growth factors driving the market demand?

Table of Contents

1 Supply Summary
    1.1 Process Digital Twin Introduction
    1.2 World Process Digital Twin Market Size & Forecast (2018 & 2022 & 2029)
    1.3 World Process Digital Twin Total Market by Region (by Headquarter Location)
        1.3.1 World Process Digital Twin Market Size by Region (2018-2029), (by Headquarter Location)
        1.3.2 United States Process Digital Twin Market Size (2018-2029)
        1.3.3 China Process Digital Twin Market Size (2018-2029)
        1.3.4 Europe Process Digital Twin Market Size (2018-2029)
        1.3.5 Japan Process Digital Twin Market Size (2018-2029)
        1.3.6 South Korea Process Digital Twin Market Size (2018-2029)
        1.3.7 ASEAN Process Digital Twin Market Size (2018-2029)
        1.3.8 India Process Digital Twin Market Size (2018-2029)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Process Digital Twin Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Process Digital Twin Major Market Trends
    1.5 Influence of COVID-19 and Russia-Ukraine War
        1.5.1 Influence of COVID-19
        1.5.2 Influence of Russia-Ukraine War

2 Demand Summary
    2.1 World Process Digital Twin Consumption Value (2018-2029)
    2.2 World Process Digital Twin Consumption Value by Region
        2.2.1 World Process Digital Twin Consumption Value by Region (2018-2023)
        2.2.2 World Process Digital Twin Consumption Value Forecast by Region (2024-2029)
    2.3 United States Process Digital Twin Consumption Value (2018-2029)
    2.4 China Process Digital Twin Consumption Value (2018-2029)
    2.5 Europe Process Digital Twin Consumption Value (2018-2029)
    2.6 Japan Process Digital Twin Consumption Value (2018-2029)
    2.7 South Korea Process Digital Twin Consumption Value (2018-2029)
    2.8 ASEAN Process Digital Twin Consumption Value (2018-2029)
    2.9 India Process Digital Twin Consumption Value (2018-2029)

3 World Process Digital Twin Companies Competitive Analysis
    3.1 World Process Digital Twin Revenue by Player (2018-2023)
    3.2 Industry Rank and Concentration Rate (CR)
        3.2.1 Global Process Digital Twin Industry Rank of Major Players
        3.2.2 Global Concentration Ratios (CR4) for Process Digital Twin in 2022
        3.2.3 Global Concentration Ratios (CR8) for Process Digital Twin in 2022
    3.3 Process Digital Twin Company Evaluation Quadrant
    3.4 Process Digital Twin Market: Overall Company Footprint Analysis
        3.4.1 Process Digital Twin Market: Region Footprint
        3.4.2 Process Digital Twin Market: Company Product Type Footprint
        3.4.3 Process Digital Twin Market: Company Product Application Footprint
    3.5 Competitive Environment
        3.5.1 Historical Structure of the Industry
        3.5.2 Barriers of Market Entry
        3.5.3 Factors of Competition
    3.6 Mergers, Acquisitions Activity

4 United States VS China VS Rest of the World (by Headquarter Location)
    4.1 United States VS China: Process Digital Twin Revenue Comparison (by Headquarter Location)
        4.1.1 United States VS China: Process Digital Twin Market Size Comparison (2018 & 2022 & 2029) (by Headquarter Location)
        4.1.2 United States VS China: Process Digital Twin Revenue Market Share Comparison (2018 & 2022 & 2029)
    4.2 United States Based Companies VS China Based Companies: Process Digital Twin Consumption Value Comparison
        4.2.1 United States VS China: Process Digital Twin Consumption Value Comparison (2018 & 2022 & 2029)
        4.2.2 United States VS China: Process Digital Twin Consumption Value Market Share Comparison (2018 & 2022 & 2029)
    4.3 United States Based Process Digital Twin Companies and Market Share, 2018-2023
        4.3.1 United States Based Process Digital Twin Companies, Headquarters (States, Country)
        4.3.2 United States Based Companies Process Digital Twin Revenue, (2018-2023)
    4.4 China Based Companies Process Digital Twin Revenue and Market Share, 2018-2023
        4.4.1 China Based Process Digital Twin Companies, Company Headquarters (Province, Country)
        4.4.2 China Based Companies Process Digital Twin Revenue, (2018-2023)
    4.5 Rest of World Based Process Digital Twin Companies and Market Share, 2018-2023
        4.5.1 Rest of World Based Process Digital Twin Companies, Headquarters (States, Country)
        4.5.2 Rest of World Based Companies Process Digital Twin Revenue, (2018-2023)

5 Market Analysis by Type
    5.1 World Process Digital Twin Market Size Overview by Type: 2018 VS 2022 VS 2029
    5.2 Segment Introduction by Type
        5.2.1 Cloud
        5.2.2 On-premises
    5.3 Market Segment by Type
        5.3.1 World Process Digital Twin Market Size by Type (2018-2023)
        5.3.2 World Process Digital Twin Market Size by Type (2024-2029)
        5.3.3 World Process Digital Twin Market Size Market Share by Type (2018-2029)

6 Market Analysis by Application
    6.1 World Process Digital Twin Market Size Overview by Application: 2018 VS 2022 VS 2029
    6.2 Segment Introduction by Application
        6.2.1 Aerospace and Defense
        6.2.2 Automotive and Transportation
        6.2.3 Machine Manufacturing
        6.2.4 Energy and Utilities
        6.2.5 Energy and Utilities
    6.3 Market Segment by Application
        6.3.1 World Process Digital Twin Market Size by Application (2018-2023)
        6.3.2 World Process Digital Twin Market Size by Application (2024-2029)
        6.3.3 World Process Digital Twin Market Size by Application (2018-2029)

7 Company Profiles
    7.1 General Electric
        7.1.1 General Electric Details
        7.1.2 General Electric Major Business
        7.1.3 General Electric Process Digital Twin Product and Services
        7.1.4 General Electric Process Digital Twin Revenue, Gross Margin and Market Share (2018-2023)
        7.1.5 General Electric Recent Developments/Updates
        7.1.6 General Electric Competitive Strengths & Weaknesses
    7.2 PTC
        7.2.1 PTC Details
        7.2.2 PTC Major Business
        7.2.3 PTC Process Digital Twin Product and Services
        7.2.4 PTC Process Digital Twin Revenue, Gross Margin and Market Share (2018-2023)
        7.2.5 PTC Recent Developments/Updates
        7.2.6 PTC Competitive Strengths & Weaknesses
    7.3 Siemens
        7.3.1 Siemens Details
        7.3.2 Siemens Major Business
        7.3.3 Siemens Process Digital Twin Product and Services
        7.3.4 Siemens Process Digital Twin Revenue, Gross Margin and Market Share (2018-2023)
        7.3.5 Siemens Recent Developments/Updates
        7.3.6 Siemens Competitive Strengths & Weaknesses
    7.4 Dassault Systemes
        7.4.1 Dassault Systemes Details
        7.4.2 Dassault Systemes Major Business
        7.4.3 Dassault Systemes Process Digital Twin Product and Services
        7.4.4 Dassault Systemes Process Digital Twin Revenue, Gross Margin and Market Share (2018-2023)
        7.4.5 Dassault Systemes Recent Developments/Updates
        7.4.6 Dassault Systemes Competitive Strengths & Weaknesses
    7.5 IBM Corporation
        7.5.1 IBM Corporation Details
        7.5.2 IBM Corporation Major Business
        7.5.3 IBM Corporation Process Digital Twin Product and Services
        7.5.4 IBM Corporation Process Digital Twin Revenue, Gross Margin and Market Share (2018-2023)
        7.5.5 IBM Corporation Recent Developments/Updates
        7.5.6 IBM Corporation Competitive Strengths & Weaknesses
    7.6 ANSYS
        7.6.1 ANSYS Details
        7.6.2 ANSYS Major Business
        7.6.3 ANSYS Process Digital Twin Product and Services
        7.6.4 ANSYS Process Digital Twin Revenue, Gross Margin and Market Share (2018-2023)
        7.6.5 ANSYS Recent Developments/Updates
        7.6.6 ANSYS Competitive Strengths & Weaknesses
    7.7 Microsoft Corporation
        7.7.1 Microsoft Corporation Details
        7.7.2 Microsoft Corporation Major Business
        7.7.3 Microsoft Corporation Process Digital Twin Product and Services
        7.7.4 Microsoft Corporation Process Digital Twin Revenue, Gross Margin and Market Share (2018-2023)
        7.7.5 Microsoft Corporation Recent Developments/Updates
        7.7.6 Microsoft Corporation Competitive Strengths & Weaknesses
    7.8 Oracle Corporation
        7.8.1 Oracle Corporation Details
        7.8.2 Oracle Corporation Major Business
        7.8.3 Oracle Corporation Process Digital Twin Product and Services
        7.8.4 Oracle Corporation Process Digital Twin Revenue, Gross Margin and Market Share (2018-2023)
        7.8.5 Oracle Corporation Recent Developments/Updates
        7.8.6 Oracle Corporation Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Process Digital Twin Industry Chain
    8.2 Process Digital Twin Upstream Analysis
    8.3 Process Digital Twin Midstream Analysis
    8.4 Process Digital Twin Downstream Analysis

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Process Digital Twin Revenue by Region (2018, 2022 and 2029) & (USD Million), (by Headquarter Location)
    Table 2. World Process Digital Twin Revenue by Region (2018-2023) & (USD Million), (by Headquarter Location)
    Table 3. World Process Digital Twin Revenue by Region (2024-2029) & (USD Million), (by Headquarter Location)
    Table 4. World Process Digital Twin Revenue Market Share by Region (2018-2023), (by Headquarter Location)
    Table 5. World Process Digital Twin Revenue Market Share by Region (2024-2029), (by Headquarter Location)
    Table 6. Major Market Trends
    Table 7. World Process Digital Twin Consumption Value Growth Rate Forecast by Region (2018 & 2022 & 2029) & (USD Million)
    Table 8. World Process Digital Twin Consumption Value by Region (2018-2023) & (USD Million)
    Table 9. World Process Digital Twin Consumption Value Forecast by Region (2024-2029) & (USD Million)
    Table 10. World Process Digital Twin Revenue by Player (2018-2023) & (USD Million)
    Table 11. Revenue Market Share of Key Process Digital Twin Players in 2022
    Table 12. World Process Digital Twin Industry Rank of Major Player, Based on Revenue in 2022
    Table 13. Global Process Digital Twin Company Evaluation Quadrant
    Table 14. Head Office of Key Process Digital Twin Player
    Table 15. Process Digital Twin Market: Company Product Type Footprint
    Table 16. Process Digital Twin Market: Company Product Application Footprint
    Table 17. Process Digital Twin Mergers & Acquisitions Activity
    Table 18. United States VS China Process Digital Twin Market Size Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 19. United States VS China Process Digital Twin Consumption Value Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 20. United States Based Process Digital Twin Companies, Headquarters (States, Country)
    Table 21. United States Based Companies Process Digital Twin Revenue, (2018-2023) & (USD Million)
    Table 22. United States Based Companies Process Digital Twin Revenue Market Share (2018-2023)
    Table 23. China Based Process Digital Twin Companies, Headquarters (Province, Country)
    Table 24. China Based Companies Process Digital Twin Revenue, (2018-2023) & (USD Million)
    Table 25. China Based Companies Process Digital Twin Revenue Market Share (2018-2023)
    Table 26. Rest of World Based Process Digital Twin Companies, Headquarters (States, Country)
    Table 27. Rest of World Based Companies Process Digital Twin Revenue, (2018-2023) & (USD Million)
    Table 28. Rest of World Based Companies Process Digital Twin Revenue Market Share (2018-2023)
    Table 29. World Process Digital Twin Market Size by Type, (USD Million), 2018 & 2022 & 2029
    Table 30. World Process Digital Twin Market Size by Type (2018-2023) & (USD Million)
    Table 31. World Process Digital Twin Market Size by Type (2024-2029) & (USD Million)
    Table 32. World Process Digital Twin Market Size by Application, (USD Million), 2018 & 2022 & 2029
    Table 33. World Process Digital Twin Market Size by Application (2018-2023) & (USD Million)
    Table 34. World Process Digital Twin Market Size by Application (2024-2029) & (USD Million)
    Table 35. General Electric Basic Information, Area Served and Competitors
    Table 36. General Electric Major Business
    Table 37. General Electric Process Digital Twin Product and Services
    Table 38. General Electric Process Digital Twin Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 39. General Electric Recent Developments/Updates
    Table 40. General Electric Competitive Strengths & Weaknesses
    Table 41. PTC Basic Information, Area Served and Competitors
    Table 42. PTC Major Business
    Table 43. PTC Process Digital Twin Product and Services
    Table 44. PTC Process Digital Twin Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 45. PTC Recent Developments/Updates
    Table 46. PTC Competitive Strengths & Weaknesses
    Table 47. Siemens Basic Information, Area Served and Competitors
    Table 48. Siemens Major Business
    Table 49. Siemens Process Digital Twin Product and Services
    Table 50. Siemens Process Digital Twin Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 51. Siemens Recent Developments/Updates
    Table 52. Siemens Competitive Strengths & Weaknesses
    Table 53. Dassault Systemes Basic Information, Area Served and Competitors
    Table 54. Dassault Systemes Major Business
    Table 55. Dassault Systemes Process Digital Twin Product and Services
    Table 56. Dassault Systemes Process Digital Twin Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 57. Dassault Systemes Recent Developments/Updates
    Table 58. Dassault Systemes Competitive Strengths & Weaknesses
    Table 59. IBM Corporation Basic Information, Area Served and Competitors
    Table 60. IBM Corporation Major Business
    Table 61. IBM Corporation Process Digital Twin Product and Services
    Table 62. IBM Corporation Process Digital Twin Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 63. IBM Corporation Recent Developments/Updates
    Table 64. IBM Corporation Competitive Strengths & Weaknesses
    Table 65. ANSYS Basic Information, Area Served and Competitors
    Table 66. ANSYS Major Business
    Table 67. ANSYS Process Digital Twin Product and Services
    Table 68. ANSYS Process Digital Twin Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 69. ANSYS Recent Developments/Updates
    Table 70. ANSYS Competitive Strengths & Weaknesses
    Table 71. Microsoft Corporation Basic Information, Area Served and Competitors
    Table 72. Microsoft Corporation Major Business
    Table 73. Microsoft Corporation Process Digital Twin Product and Services
    Table 74. Microsoft Corporation Process Digital Twin Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 75. Microsoft Corporation Recent Developments/Updates
    Table 76. Oracle Corporation Basic Information, Area Served and Competitors
    Table 77. Oracle Corporation Major Business
    Table 78. Oracle Corporation Process Digital Twin Product and Services
    Table 79. Oracle Corporation Process Digital Twin Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 80. Global Key Players of Process Digital Twin Upstream (Raw Materials)
    Table 81. Process Digital Twin Typical Customers
List of Figure
    Figure 1. Process Digital Twin Picture
    Figure 2. World Process Digital Twin Total Market Size: 2018 & 2022 & 2029, (USD Million)
    Figure 3. World Process Digital Twin Total Market Size (2018-2029) & (USD Million)
    Figure 4. World Process Digital Twin Revenue Market Share by Region (2018, 2022 and 2029) & (USD Million) , (by Headquarter Location)
    Figure 5. World Process Digital Twin Revenue Market Share by Region (2018-2029), (by Headquarter Location)
    Figure 6. United States Based Company Process Digital Twin Revenue (2018-2029) & (USD Million)
    Figure 7. China Based Company Process Digital Twin Revenue (2018-2029) & (USD Million)
    Figure 8. Europe Based Company Process Digital Twin Revenue (2018-2029) & (USD Million)
    Figure 9. Japan Based Company Process Digital Twin Revenue (2018-2029) & (USD Million)
    Figure 10. South Korea Based Company Process Digital Twin Revenue (2018-2029) & (USD Million)
    Figure 11. ASEAN Based Company Process Digital Twin Revenue (2018-2029) & (USD Million)
    Figure 12. India Based Company Process Digital Twin Revenue (2018-2029) & (USD Million)
    Figure 13. Process Digital Twin Market Drivers
    Figure 14. Factors Affecting Demand
    Figure 15. World Process Digital Twin Consumption Value (2018-2029) & (USD Million)
    Figure 16. World Process Digital Twin Consumption Value Market Share by Region (2018-2029)
    Figure 17. United States Process Digital Twin Consumption Value (2018-2029) & (USD Million)
    Figure 18. China Process Digital Twin Consumption Value (2018-2029) & (USD Million)
    Figure 19. Europe Process Digital Twin Consumption Value (2018-2029) & (USD Million)
    Figure 20. Japan Process Digital Twin Consumption Value (2018-2029) & (USD Million)
    Figure 21. South Korea Process Digital Twin Consumption Value (2018-2029) & (USD Million)
    Figure 22. ASEAN Process Digital Twin Consumption Value (2018-2029) & (USD Million)
    Figure 23. India Process Digital Twin Consumption Value (2018-2029) & (USD Million)
    Figure 24. Producer Shipments of Process Digital Twin by Player Revenue ($MM) and Market Share (%): 2022
    Figure 25. Global Four-firm Concentration Ratios (CR4) for Process Digital Twin Markets in 2022
    Figure 26. Global Four-firm Concentration Ratios (CR8) for Process Digital Twin Markets in 2022
    Figure 27. United States VS China: Process Digital Twin Revenue Market Share Comparison (2018 & 2022 & 2029)
    Figure 28. United States VS China: Process Digital Twin Consumption Value Market Share Comparison (2018 & 2022 & 2029)
    Figure 29. World Process Digital Twin Market Size by Type, (USD Million), 2018 & 2022 & 2029
    Figure 30. World Process Digital Twin Market Size Market Share by Type in 2022
    Figure 31. Cloud
    Figure 32. On-premises
    Figure 33. World Process Digital Twin Market Size Market Share by Type (2018-2029)
    Figure 34. World Process Digital Twin Market Size by Application, (USD Million), 2018 & 2022 & 2029
    Figure 35. World Process Digital Twin Market Size Market Share by Application in 2022
    Figure 36. Aerospace and Defense
    Figure 37. Automotive and Transportation
    Figure 38. Machine Manufacturing
    Figure 39. Energy and Utilities
    Figure 40. Others
    Figure 41. Process Digital Twin Industrial Chain
    Figure 42. Methodology
    Figure 43. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

General Electric
PTC
Siemens
Dassault Systemes
IBM Corporation
ANSYS
Microsoft Corporation
Oracle Corporation

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