Today I have came across a very inspiring video.
It contains a lecture of Dr. David Hibbitt, founder of the Abaqus software, held on 24th of may 2019 at MIT, department Civil and Environmental Engineering. The lecture was called; "ABAQUS and its market: evolution of an engineering simulation software venture."
If you have an hour left during the day / evening, sit back, relax and watch this inspiring lecture, where Dr. David Hibbitt goes through the actual start-up phase of the Abaqus company until today.
He gives a great explanation on the challenges, pitfalls, successes, losses and many other things that pass by when starting a Simulation company from zero employees to being very succesfully acquired by Dassault Systemes.
He also discusses his fear of competitors and how they have failed along the way. Also he describes how the technology evolved from being good technology to a great product. I found it interesting to see which descisions they have made on technological level to stay ahead of the competition.
All honours go to MIT, which is the source of this video.
Thanks Dr. David Hibbitt for developing this amazing software that many of us analists are still using globally today and for years to come!