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Company focus

Altair
Product Success Metrics Medium Member-only

How would you measure the success of Altair's SimSolid structural analysis software?

Prepared by NextSprints

15 mins
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Metric Definition Product Analytics Stakeholder Analysis Engineering Software Manufacturing Product Analytics User Metrics Altair CAE Software Structural Analysis
Product Management Analytics Question: Measuring success of Altair's SimSolid structural analysis software

Introduction

Measuring the success of Altair's SimSolid structural analysis software requires a comprehensive approach that considers multiple stakeholders and metrics. As a product leader, I'll outline a framework to evaluate SimSolid's performance, focusing on key indicators that align with both user needs and business objectives.

Framework Overview

I'll follow a simple success metrics framework covering product context, success metrics hierarchy, and strategic initiatives.

Step 1

Product Context

SimSolid is a structural analysis software that allows engineers to perform complex simulations on full-fidelity CAD assemblies without simplification or mesh preparation. It's designed to accelerate the product development process by providing fast, accurate results for large, complex parts and assemblies.

Key stakeholders include:

  • Engineers and designers (primary users)
  • Engineering managers and project leads
  • IT departments (for deployment and integration)
  • Altair's sales and support teams
  • Competitors (e.g., ANSYS, Dassault Systèmes)

User flow:

  1. Import CAD model
  2. Define materials and boundary conditions
  3. Set up analysis parameters
  4. Run simulation
  5. Review and interpret results
  6. Generate reports and share findings

SimSolid fits into Altair's broader strategy of providing cutting-edge simulation tools that enhance product development efficiency. It complements their existing portfolio while addressing the need for faster, more accessible structural analysis.

Compared to traditional FEA software, SimSolid differentiates itself by eliminating the need for geometry simplification and meshing, potentially saving significant time in the analysis process.

Product Lifecycle Stage: SimSolid is in the growth stage, having gained traction but still with room for market expansion and feature enhancement.

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Updated Jan 22, 2025