Research – Virtual Experimentation & Simulation
- Resource Type
- Research Project
- Authors
- AJ Rao, Anita Friis Sommer, Steve Moskowitz, Chris Koh
- Topics
- Digital Innovation, Process Automation, Trends
- Associated Event
- Research Project
Early 2015 – October 2016
Deliverables
Leveraging Virtual Experimentation and Simulation to Improve R&D Performance – RTM Article
Leveraging Virtual Experimentation and Simulation in R&D – RTM Research Note
Digitalization and R&D: Virtual Experimentation & Simulation Report-Out, 2016 Member Summit
Research Approach
- What principles should an R&D organization use to determine when to leverage VE&S, especially from a confidence and value perspective?
- From the individual scientist/engineer’s or a project’s perspective (short term, tactical)
- From the management’s perspective (long term, strategic)
- What are the best practices and pitfalls in leveraging VE&S for companies? Two types of companies should be targeted:
- Companies that use VE&S because they have to (such as pharmaceuticals and aeronautics, because the value is obvious, and presumably everyone in their industry leverages VE&S, else they lose competitiveness)
- Companies that leverage VE&S, but they don’t have to (presumably they are the minority in their industry, but somehow found value in doing so)
- What new business capability and/or opportunity could be created in the next 5-10 years when VE&S is combined with other technological advancement?
Leadership
AJ Rao, USG Corporation
Anita Friis Sommer, The LEGO Group
Steve Moskowitz, Entegris