Business

Benefits of Computer-Aided Design For Robust Business Growth

Computer-Aided Design or CAD is playing a transforming role to offer more flexibility in product design and development services.

Published

3 years ago

April 27, 2021

Manvendra Chaudhary

Benefits of Computer-Aided Design For Robust Business Growth

With growing Industry 4.0 trends, companies, regardless of their industry, need better tools and platforms to offer more robust services to their customers. Be it automotive, architecture, manufacturing — businesses seek reliable solutions to cater to complex challenges. Computer-Aided Design or CAD is playing a transforming role to offer more flexibility in product design and development services.

The CAD software offers more freedom to engineers and designers for crafting more intricate geometries without compromising aesthetics or strength. On this note, check out the transforming benefits of CAD software across multiple industries.

Improved Productivity

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Leveraging CAD modelling, engineers can draft, create, and validate the design in a shorter turnaround time. CAD services let business owners lower down the production cost and improve the overall quality. As the software can deliver multiple jobs with higher accuracy, companies can operate their business even with smaller teams.

In traditional processes, engineers had to execute every design aspect manually, and it was a very time-consuming process. CAD overcomes all the manual error challenges by automating most of the complex tasks. Using CAD, engineers can visualize the product in detail at an earlier stage, which is impossible with the conventional approach.

Enhanced Quality Designs

CAD design and drafting services make it easier for designers to inspect the design and fix any possible error at early development stages. Designers can go back and forth their design and check out all potential issues why their plan is not delivering expected results. However, with conventional processes, designers need to do the design process repeatedly to fix the problems.

When the designers have the geometric data within CAD design, it becomes seamless to introspect and fix errors in shorter lead times. Be it preparing complex prototypes or creating a functional geometry, CAD delivers quality design output.

Reusability of 3D CAD Models

Reusability is the most significant advantage that drafting services offers to the workforce. Regardless of industry, reusability is a vital part of higher productivity. CAD software allows designers to reuse prebuilt design components and create multiple versions in a fraction of time.

Whether it’s the material, core geometry, or altering the supporting design of the main product — everything is easy to reproduce and repurpose for higher profitability.

In industries like automotive, fashion and consumer products where a single product has multiple variations, CAD saves a lot of time. Without redrawing any single concept, restructuring becomes convenient even for beginners.

Easy Interpretation

Understanding structural designs and reading the dimensions is prone to errors in traditional methods. The person who creates the design and the person who processes it in production may not be the same. It becomes a significant cause of manufacturing glitches.

CAD drawings solve this problem as it works the same for all designers, making the design interpretation error-free. The odds of human errors reduce significantly with this modern advancement. Technicians can draft any complex 2d drawing using CAD and share it with others for the different processes without attaching any instructional document.

Seamless Collaboration

When working with teams, design collaboration plays a crucial part in overall productivity. It’s easier for remote teams to collaborate and work on the design using CAD. As everything is synchronized with cloud storage, there is no possibility of data loss. All team members have all-time access to the 3d CAD design, which lets them work anytime they need.

Amid COVID-19, people are forced to work from their homes, and in this scenario, features like remote teams working in CAD are playing a life-saving role.

Also Read: What’s the cost of ignoring your employees’ emotional wellness to your organization?

Future of CAD Across Industries

With overgrowing customer demands, companies need to push their existing boundaries to deliver what’s in the trend. Advancements like CAD, CAM, and other design tools will help the workforce to innovate faster and turn ideas into functional products in a cost-effective manner. Be it fashion designing, architecture, or consumer industry — CAD brings more scalability to business, keeping the team size and other resources minimum.

Net Worth

Pavel Durov Net Worth 2024: How Much is the Russian-born Emirati Entrepreneur Worth?

Published

12 hours ago

April 18, 2024

Vishnu Chaudhary

Pavel Durov Net Worth 2024: How Much is the Russian-born Emirati Entrepreneur Worth?

Who is Pavel Durov?

Pavel Valeryevich Durov, born on October 10, 1984, is a Russian entrepreneur renowned for founding the social networking site VK and the Telegram Messenger. He is the younger sibling of Nikolai Durov. After stepping down as CEO of VK in 2014, Pavel, along with his brother, led a nomadic lifestyle in self-imposed exile, holding citizenship from Saint Kitts and Nevis. He is recognized for his contributions to the tech industry and his advocacy for user privacy.

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Pavel Durov Career?

Durov’s journey in the tech industry began in 2006 when he co-founded VKontakte (VK), inspired by Facebook’s success. Under his leadership, VK flourished, reaching a valuation of $3 billion. However, conflicts with Russian authorities over user data led to his departure from VK in 2014. Subsequently, he focused on Telegram, emphasizing privacy and security, earning him acclaim as a tech visionary.

Pavel Durov’s Net Worth

As of 2024, Pavel Durov’s net worth is estimated to be an impressive $17 billion. His wealth stems from his pioneering work with Telegram and VK, propelling him into the upper echelons of the tech industry. Durov’s success serves as an inspiration for aspiring entrepreneurs worldwide.

Pavel Durov Age?

Pavel Durov, born on October 10, 1984, is currently 39 years old. Despite his relatively young age, he has achieved remarkable success in the tech world, demonstrating his entrepreneurial prowess and innovative thinking.

Pavel Durov Family: Parents

Pavel Durov’s father, Valery Semenovich Durov, is a distinguished academic with a Doctorate in Philological Sciences. His grandfather, Semyon Petrovich Tulyakov, was a decorated World War II veteran. Durov’s family background reflects a tradition of intellectual and academic excellence.

Pavel Durov Height and Weight

As of 2024, Pavel Durov stands at 5 feet 10 inches (178 cm) tall and weighs approximately 163 pounds (74 kg). His physique, along with his intellect and entrepreneurial acumen, contributes to his charismatic presence and success in the business world.

Also Read: Nasser Al-Khelaifi Net Worth 2024: How Much is the President of Paris Saint-Germain Worth?

Business

Wow! Momo secures Rs 70 crore funding from Z3 Partners for expansion

Published

2 days ago

April 17, 2024

IANS

Food chain Wow! Momo raises Rs 70 crore from Z3Partners

Quick-service restaurant chain Wow! Momo has secured Rs 70 crores from Z3Partners in an extension to their latest funding round following Rs 350 crores from Khazanah Nasional Berhad, the sovereign wealth fund of Malaysia. Wow! Momo operates three brands – Wow! Momo, Wow! China, and Wow! Chicken.

CEO Sagar Daryani expressed gratitude stating, “We have been consistent and resilient…this round of investors have shown in us fortifies our faith and further motivates us to be change-makers.” Launched in 2008, Wow! Momo has 600 outlets in 38 cities and ventured into the FMCG sector along with their QSR vertical.

Managing Partner at Z3Partners, Rishi Maheshwari, praised Wow! Momo saying, “Wow! Momo is a reflection of the vibrant entrepreneurial landscape in the country…building a high-quality food business at scale, fuelled by superior execution expertise.” This funding round totals over Rs 480 crores, with Rs 270 crores via primary infusion and Rs 210 crores through a secondary purchase from early-stage investors.

Wow! Momo’s growth trajectory has been impressive with a strong presence in multiple cities. This latest funding will further solidify its position in the market and support its expansion plans. Sagar Daryani and the team at Wow! Momo are optimistic about the future and grateful for the support shown by investors.

Business

UP now boasts the largest number of Geographical Indication-tagged items in the country.

Published

2 days ago

April 17, 2024

IANS

UP now has the most GI-tagged items in the country

Varanasi, April 17 (IANS) – Six more products from Uttar Pradesh have been granted the Geographical Indication (GI) tag, including the famous ‘Tirangi Barfi’ of Kashi, a tricoloured sweet symbolic of the Quit India Movement. The GI Registry awarded the certification on Tuesday, bringing the total number of GI-tagged products in Uttar Pradesh to 75, making it the state with the most GI products in India.

The newly certified products in Uttar Pradesh also include Banaras Metal Casting Craft, Lakhimpur Kheri Tharu Embroidery, Bareilly Cane and Bamboo Craft, Bareilly Zardozi Craft, and Pilkhuwa Hand Block Print Textile. According to GI expert Padma Shri Rajnikant, “Two renowned products from Varanasi, the Tirangi Barfi and Metal Casting Craft, were granted GI certification on Tuesday.” Rajnikant, the general secretary of the Human Welfare Association, has been instrumental in securing GI tags for 148 producers across 14 states and Union Territories.

Rajnikant highlighted the crucial role played by the National Bank for Agriculture and Rural Development (NABARD) Uttar Pradesh, Lucknow office in supporting these six GI tags. He emphasized that this achievement strengthens Uttar Pradesh’s position as the leading state in GI products. In 2008-09, the state had only one GI product, the ‘Allahabad Surkha Amrood.’ With 75 GI products now, Uttar Pradesh continues to lead in this area.

The GI tags not only recognize the unique identity and qualities of these products but also provide protection against imitation and unauthorized use. These certifications also help in promoting traditional craftsmanship and skills, thereby boosting the local economy and preserving the cultural heritage of the region. Tamil Nadu follows Uttar Pradesh with 58 GI products, reflecting the rich cultural diversity and heritage of various states in India.