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Entrepreneur - New Business
Proof of Concept secures 4.1 billion dollar DOD contract
Posted by:
James Quinn
on 12/21/2011 11:22:24 AM
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Above $1mil
Category:
Information Technology (IT)
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Description:
Today almost all R&D departments of any manufacturing company use simple spreadsheets to run mathematical models and simulations. Currently most M&S are single on desktop application, do not allow consistent aggregation, use metrics that are uneven in scope, very case-specific and are not well structured. There is limited or no collaboration among different disciplines, engineers, scientist, designers and business management. These methods also create challenges for other non technical departments of a company to accurately interpret scientifically generated data.
US Companies are struggling to remain competitive in an increasingly challenging global marketplace. Computer modeling and simulation presents a key competitive opportunity for any industry. The high-end of the industries ecosystem has been integrating computer analysis into their processes for many years, but small and medium companies must also begin to tap the superior methods of large players by using computer modeling and simulation to replace physical prototypes. This reduces costs, improves products and reduces time to market, providing a competitive advantage. The steady advance of technology has substantially lowered the financial costs of entry to modeling and simulation, but there are still significant challenges in the software and skills needed to make effective use of simulation throughout the company’s ecosystem.
Sectorsource software is the only modeling and simulation platform that allows R&D departments and all scientific personnel to accurately collaborate regardless of the various internal ways they operate these functions. Our platform also makes it easy for scientist to clearly convey results to anyone, scientific or not. Our software platform is credited with accomplishing this with Rolls Royce Manufacturing. It increases the collaborative process by more than 50%.
The revolutionary nature of our modeling and simulation software platform will change the way companies’ R&D, and scientist collaborate. The DOD has offered a 4.1 billion dollar contract once proof of concept has been demonstrated. Mathematical simulation has already been accomplished. Beyond the DOD contract the need for this platform is necessary for all companies whose research and design depend heavily on mathematical calculations.
We are months away from offering the DOD a completed custom proof of concept for classified military projects wanting to use our modeling and simulation software. Upon presenting proof of concept the DOD will release 20% of the first 37 million dollar plus annual allotment on a 4.1 billion dollar contract. 250,000 is needed immediately for a scheduled 9th presentation for the DOD in Langley, VI.
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