Akselos

Akselos, the leading company in the development of component-based Reduced Basis (RB) algorithms has developed a revolutionary new type of engineering simulation technology. The underlying technology enables an increase in simulation speed of 1’000 to 10'000, compared to the best-in-class Finite Element Analysis (FEA) software used by engineers today, while preserving accuracy to within 1% of FEA results. Thus, in fact largely leapfrogging FEA accuracy when  integrating field measures.

Hundreds of engineers in the mining, power-generation, and oil and gas industries are now using the software. Akselos is also providing software for an MITx course on structural engineering.

Commercially, Akselos is expanding, hiring more employees in its five branches — in Switzerland, Boston, Vietnam, Chile and Germany — building a community of users, and planning to continue its involvement with the academia.

This company is a spinout of the 2012 project, High resolution simulations for system analysis.

Watch David present the evolution of Akselos from Dehspande project to startup company at IdeaStrea 2016 below.

Publicity

AKSELOS S.A. Awarded Swiss CTI Grant to extend the Reduced Basis simulation framework capabilities to key industrial needs. Read the full press release here.