TORONTO, Nov. 6, 2024 /CNW/ – The union representing Bell workers questions the decision by Bell Canada Enterprises Inc. (BCE), to acquire American company Ziply Fiber following a year of devastating cuts in Canada.

“With the announcement of this purchase, Bell sent a message to Canadian customers and employees. The market that built this company is no longer a priority. Bell has spent the past year divesting from Canadian sports, cutting Canadian telecom jobs and hollowing out Canadian newsrooms to drum up the cash for this American acquisition,” said Unifor National President Lana Payne.

In an internal memo to Bell workers on November 4, the company shared that, “Bell and Ziply Fiber are a great fit. We share a similar culture, vision and long-term strategy… Ziply Fiber also shares our critical commitment to putting the customer first in everything we do.”

“On the same day that the CBC shares the desperate complaints from Bell customers about underhanded fee increases, Bell claims to prioritize its customers? The company may not be, but Unifor members at Bell are committed to providing excellent services and growing with the company. We need Bell to include us in its vision for the future to do so,” said Unifor Quebec Director Daniel Cloutier.

“Based on Bell’s behaviour in Canada, I have a warning for workers at Ziply; when the dust settles from this deal, watch out for Bell’s tendency to slash jobs,” said Unifor National Secretary Treasurer. Len Poirier.

In early 2024 Unifor launched the Shame on Bell campaign to call on the company to stop its contracting out and offshoring of telecom jobs, stop slashing Canadian newsrooms and reduce dividend payouts to reinvest in employee wellbeing, infrastructure, and job security. 

Unifor is the largest private sector union in Quebec and Canada, representing more than 320,000 members in all sectors of the economy. Unifor fights for the rights of all workers. It also fights for equality and social justice at home and abroad and aspires to bring about progressive change for a better future. In Quebec, Unifor represents nearly 55,000 members and is affiliated to Quebec’s largest central labour body, the Fédération des travailleurs et travailleuses du Québec (FTQ).

SOURCE Unifor

First phase of HyADES project will include tests on PW127XT engine fuel nozzle and combustor rig

MONTREAL, Nov. 6, 2024 /PRNewswire/ — Pratt & Whitney Canada will demonstrate hydrogen combustion technology on a PW127XT regional turboprop engine as part of a project supported by Canada’s Initiative for Sustainable Aviation Technology (INSAT). The project, named Hydrogen Advanced Design Engine Study (HyADES), will be in collaboration with Next Hydrogen Solutions Inc., which will develop high-efficiency, low-cost electrolyzers needed for establishing hydrogen production infrastructure. Pratt & Whitney is an RTX (NYSE: RTX) business.

“This collaborative project with INSAT enables us to develop key technologies for future hydrogen powered aircraft and complements our wider efforts to advance aviation sustainability through a range of pathways, including continued improvements to engine efficiency, hybrid-electric propulsion and compatibility with sustainable aviation fuel (SAF),” said Edward Hoskin, vice president, Engineering, Pratt & Whitney Canada. “While regional aviation represents one of the most promising use cases for hydrogen, the project will also demonstrate the versality of adapting the proven, highly efficient PW127XT turboprop engine to operate with low carbon alternative fuels and continues our legacy of technology leadership in this segment.”

Funding for the first phase of the project will include fuel nozzle and combustor rig testing using hydrogen fuel, while future phases will target full engine ground testing. The PW127XT engine is the most advanced member of Pratt & Whitney Canada’s PW100 engine series, which has powered regional turboprop aircraft for forty years and accumulated more than 220 million flight hours. Launched in 2021, the PW127XT engine offers over 3% better fuel efficiency, 40% improved time on wing, and 20% reduced maintenance costs.

“We are thrilled to collaborate with INSAT and Pratt & Whitney Canada on this project,” said Raveel Afzaal, president and CEO of Next Hydrogen Solutions Inc. “The ability to produce green hydrogen at scale will be a critical enabler for reducing aviation CO2 emissions, whether using hydrogen as a direct fuel for combustion or as feedstock for SAF.”

As part of a second INSAT-supported project, Turbine Engine Advanced Materials for Efficiency (TEAME), Pratt & Whitney Canada will work with Derivation Research Laboratory (DRL) to explore advanced materials for hot section components of gas turbine engines, which will help to improve thermal efficiency and reduce fuel consumption and emissions. Pratt & Whitney Canada will lead the overall project providing both technical input and project management, while DRL will provide world-class materials testing capability for a wide variety of critical material properties.

About Next Hydrogen Solutions Inc
Founded in 2007, Next Hydrogen Solutions Inc. is a designer and manufacturer of water electrolyzers that use water and electricity as inputs to generate clean hydrogen for use as a green energy source or a green industrial feedstock. Next Hydrogen’s unique cell design architecture supported by 40 patents enables high current density operations and superior dynamic response to efficiently convert intermittent renewable electricity into green hydrogen on an infrastructure scale. Following successful pilots, Next Hydrogen is scaling up its technology to deliver commercial solutions to decarbonize transportation and industrial sectors. For further information: www.nexthydrogen.com

About Derivation Research Lab
Derivation Research Lab (DRL) was established in 2012 with an inherent focus on thermomechanical fatigue (TMF).  Driven by passion, DRL offers expertise in modelling, research, and testing of high-temperature materials through a world-class facility located in Ottawa, Ontario.  Visit www.DerivationResearchLab.com for more information.

About Pratt & Whitney
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units. To learn more visit www.prattwhitney.com.

About RTX
With more than 185,000 global employees, RTX pushes the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2023 sales of $69 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact corporatepr@rtx.com

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SOURCE RTX

DELRAY BEACH, Fla., Nov. 6, 2024 /PRNewswire/ — The global Simulation Software Market is estimated to grow from USD 19.95 billion by 2024 to USD 36.22 billion in 2030, at a CAGR of 10.4% during the forecast period, according to a new report by MarketsandMarkets™.

Browse in-depth TOC on “Simulation Software Market”

350– Tables
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300 – Pages

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Scope of the Report

Simulation software is gaining popularity due to its cost-effectiveness and efficiency in product development. Simul8, a leading provider, helps businesses identify the best course of action by comparing solutions based on desired outcomes. By increasing throughput and improving patient flow, simulation tools allow for quick, data-driven decisions. These tools reduce the need for expensive physical prototypes, shorten development time, and identify design issues early on. For example, a steel producer used AnyLogic to optimize limestone reclamation processes, maximizing utilization and reducing machine running hours, leading to substantial savings on electricity costs.

In addition, simulation software has also become essential for ensuring safety, performance, and meeting regulatory needs, particularly in technologies like electric vehicles. It also aids in drug development, resource optimization, and maximizes efficiency through smoother production with reduced manufacturing costs. Key drivers for the Simulation Software Market include the growing emphasis on reducing production and training costs, as well as the adoption of advanced technologies like digital twins, AI, IoT, and augmented reality.

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Based on the Organization Size, the Large Enterprises segment accounts for the highest market size during the forecast period.

Large enterprises have substantial financial and human resources and can afford to invest hugely in leading-edge simulation technologies to improve product design and development, training, and operations. Large enterprises undertake massive, complex projects that require high-performance simulation solutions to deal with vast amounts of data and elaborate modeling. The growth is further accelerated by Industry 4.0, where digital twins and IoT integration applications are used for monitoring and real-time optimization. Simulation software also helps large enterprises reduce the cost of development and risks. Simulations provide businesses with various benefits in terms of cost reduction, including optimization of resources in identifying less used areas, effectiveness of operational processes, and risk reduction as scenarios are experimented in controlled environments. They also allow for more informed decision-making with data-driven insights and promote innovation as it avails the chance to experiment with new strategies without applying the risk to actual business operations.

Simulation tools aid in quality assurance and help organizations meet industry standards while minimizing product recalls in markets such as healthcare and automotive. For instance, strategic investments and partnerships are being made through organizations like Accenture and Cosmo Tech. BMW further, uses digital twin technology to enhance vehicle design by creating virtual replicas of physical systems to simulate product workflow. These are examples of driving innovation in the large enterprise segment.

By Vertical, Automation will account for the highest market size during the forecast period.

The complexity of today’s modern vehicle systems-including electric drive trains and autonomous driving technologies, require advanced simulation tools to create accurate models for complex interactions and verify component functionality. Electric vehicles and autonomous driving systems are contributing to this growth as simulation software optimizes the performance of the hardware such as batteries, creates expansive virtual environments that can be used to test autonomous technologies, and is cost-effective because simulation minimizes the requirement for physical prototypes, which reduces the expenses on development and accelerates time-to-market. Simulation ensures that the manufacturer adheres to tight safety regulations and environmental conditions, as it is possible to test the safety features and emissions through thorough virtual simulation. Developments include scope enhancements, for example, PTV Vissim Automotive, which is a specialized extension of the PTV Vissim traffic simulation software for dynamic traffic simulations, used to address the industry’s evolving needs for safe, efficient, and future-proof vehicles and digital twin technology by way of Ansys, with HIL testing where real hardware is interfaced with virtual simulations. Furthermore, simulation software provides a faster cycle of design iterations, encourages interdisciplinarity collaboration among engineering groups, and remains vitally important for improving the safety and reliability of autonomous vehicles by taking full advantage of thorough testing in controlled environments.

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By deployment mode, On-premises will grow at the highest market size during the forecast period.

The on-premises deployment holds the major market share in the Simulation Software Market as it offers benefits such as data security, customization, and performance. It allows enterprises to have complete control over all the sensitive data, particularly in cases of businesses that are compelled by stringent privacy regulations and data-privacy policies to retain their simulation data within their premises. On-premises deployment also enables organizations to customize the software functionalities according to their requirements and workflows. Many organizations also benefit from easier integration with legacy systems and established IT infrastructure. These factors, combined with a higher level of control and reliability, make on-premises deployment the preferred choice for many.

By region, Asia-Pacific accounts for the highest CAGR during the forecast period.

Asia Pacific region is expected have highest market size in Simulation Software Market   because of rapid industrialization, technological development, and rising demand in the automotive, healthcare, and aerospace sectors. Economic growth and urbanization in China and India have caused an increased adoption of simulation tools in industries such as automotive, mainly EV and ADAS simulations. Technological advancements in AI, IoT, and digital twin technologies improve simulation technology. They optimize procedures by creating virtual models through simulation and reduce reliance on physical prototypes. The simulation tools are used in healthcare in countries like Japan and South Korea, especially in medical training and surgical planning, due to requirements for meeting regulatory needs and patient care. Government policies such as smart cities accelerating market growth boost technological development and infrastructure readiness. There is also a growing awareness in the corporate sector about the benefits of simulation software in making operations more efficient, cost-effective, and qualitative, especially in industries like aerospace and electronics. China and India are the two major role playing countries in Simulation Software Market in Asia Pacific region, as  China is expected to dominate this market, whereas India is expected to grow at a high rate due to the development of automobile industries and infrastructure development.

Top Key Companies in Simulation Software Market:

The report profiles key players such as Dassault Systemes (France), Ansys (US), Autodesk (US), AVL List GmbH (Austria), MathWorks (US), Siemens (Germany), Hexagon (US), Synopsys (Canada), Texas Instruments (US), SAS (US), CAE (Canada), Emerson (US), Honeywell (US), Rockwell Automation (US), Altair (US), PTC (US), AspenTech (US), Keysight (US), Aveva (UK), Spirent (UK), Bentley (US), Certara (US).

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