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BizReport : White Papers : Biotechnology & Pharmaceuticals

Modeling & Simulation: The Return on Investment in Materials Science

The use of Modeling & Simulation software suggests a cumulative ROI of $3 to $9 for every $1 invested in scientific research. The mechanisms for these gains are:

  1. Increased experimental efficiency leading to the reduction of direct research costs
  2. Efficiency gains leading to broader and deeper exploration of solutions and new products
  3. Financial gains by improving time to market for new products or line extensions
  4. Revenue gains from the rescue of stalled product development projects
  5. Risk management through safety testing and failure analysis

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