Cadence's CEO expands growth beyond chip design with the help of AI and computational software

Cadence Design Systems, under the leadership of Dr Anirudh Devgan, has expanded its portfolio of electronic design automation (EDA) tools and computational software to incorporate artificial intelligence (AI), computational fluid dynamics, and bio-simulation. Devgan believes that AI will be critical in improving efficiency, augmenting skills, and optimizing product performance. Additionally, he sees a significant opportunity for simulation, modelling, and digital twins in system analysis and simulation, especially in thermal analysis, physics analysis, and chips-to-chillers synergy. Cadence’s recent acquisition of OpenEye, a scientific molecular modelling software company, further expands the company’s expertise in computational software. The company’s partnership with the McLaren Racing Formula 1 Team provides access to Cadence’s computational fluid dynamics software and aerodynamic prediction tools for faster and more efficient F1 car designs. With the mathematical and computational requirements for various industries being similar, Cadence is positioning itself as a leader in the simulation and intelligence race.