Author: Graham Warwick
Printed headline: Virtual Breakthrough
A computational tool that can estimate how long a component will last even before it is produced promises to revolutionize engineering, but illustrates the hurdles innovations must overcome to earn a place in the heavily regulated aerospace industry.
Brentwood, Tenn.-based Vextec developed its Virtual Life Management (VLM) simulation tool with aerospace in mind, but the early adopters have been in the industrial equipment and automotive supplier industries, where warranty costs from premature failures eat directly into the bottom line. “The technology was initially developed for aerospace, but other markets have moved faster,” says Loren Nasser, Vextec president and CEO. “The military and commercial sectors are heavily regulated, and can’t move as quickly in changing the way they do business.” Read more