Fraunhofer-Institut für Techno- und Wirtschaftsmathematik (ITWM) in Kaiserslautern, Germany belongs to Fraunhofer-Gesellschaft, which is a society of applied research. The main aim of Fraunhofer ITWM is to utilize applied mathematics for the industry and economy. Innovative simulation technologies are important in this field. Research at Fraunhofer led to the development of the IPS product portfolio.
The specific competence of Fraunhofer ITWM is the mathematical approach to practical problems. Mathematical methods are used for creating digital models of reality and for processing large amounts of data or complex structures in an appropriate way. Optimal solutions for technical problems can be achieved by means of simulation.To the official website of Fraunhofer ITWM