ESTECO Celebrates 20th Anniversary
TRIESTE, Italy, Jun 4, 2019 – ESTECO is pleased to announce the celebration of its 20th birthday on last Wednesday. It was founded in 1999 based on the idea of three engineers – Carlo Poloni, Luka Onesti, and Enrico Nobile – who decided to transform their knowledge, acquired during a European optimization project, into a successful commercial product.
“Even after 20 years I continue to consider ESTECO a start-up: aside from our core business, we continue to learn and look for new ways to innovate”, said Carlo Poloni, president and co-founder of ESTECO.
“When we founded ESTECO, multi-objective optimization was a virtually unknown topic: we pursued a vision ahead of time. I believe that, along with a certain amount of luck, this was the key to our success”, he added. ”We have been exploiting artificial intelligence and neural networks for 18 years within our flagship software, modeFRONTIER. We have been dealing with evolutionary algorithms since 1995 when we organized a workshop with the experts who were already working on this topic at that time “.
To download full infographics, click here.
Over the years, ESTECO has grown steadily, gaining numerous recognitions. The internationalization strategy has led the company to approach foreign customers and markets thanks to a direct presence in the United States and India as well as a distribution network that relies on local distributors and sales partners in Europe, Brazil, Japan and in South East Asia.
Since its foundation, the company has maintained its headquarters in Trieste, Italy, within AREA Science Park, a science and technology hub where research, development, and innovation find a stimulating environment.
ESTECO is an independent software provider, highly specialized in numerical optimization and simulation data management with a sound scientific foundation and a flexible approach to customer needs. With more than 15 years’ experience, the company supports leading organizations in designing the products of the future, today. ESTECO smart engineering suite brings enterprise-wide solutions for design optimization, simulation data management and process integration and automation with the aim of helping companies excel across this innovation journey. Over 300 international organizations across many different industries have chosen ESTECO to consolidate specialized expertise, streamline teamwork and boost product development. Founded in 1999, the company is headquartered in Trieste (Italy), with offices in Michigan (USA), Pune (India) and an international network of channel partners. For more information, visit www.esteco.com.