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Cummins and Ansys Extend Collaboration to Pursue Carbon Neutrality

Dec 05, 2024over 1 year ago

Contract Type

partnership

ColumbusManufacturing

Description

Cummins and Ansys have extended their collaboration to pursue carbon neutrality by utilizing simulation technology. The partnership aims to leverage advanced engineering simulation to drive innovations for carbon neutral solutions.

Company Information

Company

Cummins

Location

Columbus, Indiana, United States

About

Cummins Inc., a global power solutions leader, comprises five business segments - Engine, Components, Distribution, Power Systems and Accelera by Cummins - supported by its global manufacturing and extensive service and support network, skilled workforce and vast technological expertise. Cummins is committed to its Destination Zero strategy, which is grounded in the company's commitment to sustainability and helping its customers successfully navigate the energy transition with its broad portfolio of products. The products range from advanced diesel, natural gas, electric and hybrid powertrains and powertrain-related components including aftertreatment, turbochargers, fuel systems, valvetrain technologies, controls systems, air handling systems, automated transmissions, axles, drivelines, brakes, suspension systems, electric power generation systems, electrified power systems with innovative components and subsystems, including battery, fuel cell and electric power technologies and hydrogen production technologies.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months