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Empowering Innovation: How Dassault Systèmes’ Startup Program is Shaping the Future of Technology Ventures

Friday, March 1st, 2024

In the ever-evolving landscape of startups and innovation, the spotlight often shines on the most luminous of disruptors. Yet, the bedrock of this vibrant ecosystem is the support and tools that empower these emerging ventures to transition from nascent ideas to market-ready solutions. At the forefront of this supportive network stands Dassault Systèmes with its pioneering “3DEXPERIENCE Works for Startups” or “SOLIDWORKS for Startups” program, as revealed in an insightful dialogue with Abhishek Bali, the director of the program.

Abhishek Bali, an engineer and designer turned MBA graduate, joined Dassault Systèmes’ Boston office in 2016. With a rich background in engineering and business, Bali brings a unique perspective to the startup program, emphasizing the importance of bridging top-down innovation with grassroots, bottoms-up creativity. Dassault Systèmes, traditionally known for aiding giants like Boeing and Procter & Gamble in overcoming innovation challenges, has, over the past decade, turned its gaze to the burgeoning field of startups.

The “3DEXPERIENCE Works for Startups” program, initiated in 2017, is a testament to Dassault Systèmes’ belief in the power of early to mid-stage startups. The program offers these companies—particularly those with physical products aimed at the market and less than five years old or under one million in revenue—comprehensive access to Dassault’s suite of design, engineering, simulation, and data intelligence tools. Remarkably, over 19,000 startups have been admitted to the program, with close to 900 applications received monthly from across the globe. This global outreach, stretching from the US and Europe to Asia Pacific regions, underscores Dassault Systèmes’ commitment to democratizing access to cutting-edge tools for innovators everywhere.

Beyond software access, the program uniquely positions startups for success by providing substantial discounts in the initial years, exposure at leading trade shows, and a chance to be featured on Dassault Systèmes’ marketing platforms. This holistic approach not only lowers barriers to entry but also connects startups with a broader ecosystem of investors, manufacturers, and mentors.

A standout aspect of the program is its adaptability and support for startups in various sectors, including medical devices and disaster management, reflecting a deep respect for the diverse challenges innovators face. Partnerships with over 200 incubators worldwide further amplify the program’s reach, offering startups a springboard to refine their ideas and scale new heights.

In conversation, Bali shared touching anecdotes of startups applying to the program during significant holidays, underscoring the profound value and hope the program instills in its applicants. The program’s success is not just measured by the software it provides but by the dreams it enables and the global innovation ecosystem it nurtures.

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AECCafe Industry Predictions for 2024 – PlansforLess

Monday, January 8th, 2024

By  PlansforLess Team

2024 Plans4Less Outlook

1. Fed doesn’t need a recession to cut rates

The Federal Reserve is willing to cut rates even if the U.S. economy doesn’t dip into a recession in 2024, Chair Jerome Powell said. “It could just be a sign that the economy is normalizing and doesn’t need the tight policy,” he said. With the “soft landing” seemingly having occurred, we see the markets continuing in a positive direction.  The 2024 interest rate schedule plotted by the Fed’s Powell should be a net positive for both commercial and the more interest rate sensitive residential real estate markets.

Outlook: We think the economy as a whole will continue to grow in 2024 and we feel the idea of a recession is in the rear view mirror. GC’s, Subs, Architects and Engineers will be heading into a fertile macroeconomic environment in 2024.

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Freakonomics take on “How Do You Reopen a Country?”

Sunday, May 3rd, 2020

Listen to this entire Podcast at:

https://freakonomics.com/podcast/covid-19-reopen/

Here are some excerpts:

Steve Dubner recently called up Steve Levitt, his Freakonomics friend and co-author. He’s an economist at the University of Chicago — which, like all schools, has moved to remote teaching.

DUBNER: So, Levitt, how’s your sheltering in place going, generally?

LEVITT: Not too bad. I’m lucky I didn’t lose my job and I’m healthy. I don’t really like people that much in the first place so I don’t mind being isolated. So I know other people are really suffering, but I’ve been super lucky.

DUBNER: So let me ask you this: How useful would you say that economists have been so far during this pandemic?

LEVITT: I think economists didn’t really have a very big role in the beginning and the middle, in the sense that it was really more like a medical issue or a policy issue. But I think on the exit from quarantine, economists can be really important because the tradeoffs we’re talking about here are the kind of tradeoffs that regular people don’t think about very much, like the tradeoff between life and death versus economic activity. I think there’s also just a lot of room for economists here to be sensible guides as we think about what will work and what won’t work.

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Ted Talk: “The death of innovation, the end of growth” by Robert Gordon

Thursday, April 25th, 2013

The US economy has been expanding wildly for two centuries. Are we witnessing the end of growth? Economist Robert Gordon lays out 4 reasons US growth may be slowing, detailing factors like epidemic debt and growing inequality, which could move the US into a period of stasis we can’t innovate our way out of. Be sure to watch the opposing viewpoint from Erik Brynjolfsson listed as the second video below.

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