Greg: Thanks for suggesting the idea of making specialised apps in addition to the FEA package. I gave a thought to it and now I have some more specialised areas like gears, cams, fasteners, etc. to ponder upon.
Rob: As mentioned previously, I have a long term plan of setting up a consultancy. So right now I am not looking at really accurate figures. Just rough estimates to understand how much I would have to invest and whether or not my business would be able to sustain. Overall I understand that FEA alone could possibly not sustain my business. I have to work on some related activities (Rapid Prototyping maybe?).
Rick: Yeah the software is going to be a huge investment. So I am seriously contemplating developing my own software. Maybe also provide ANSYS consultancy side-by-side. ANSYS is really famous compared to Abaqus here in India. Also I would never sustain the business with these high investments as people want everything cheap over here. FEA itself is not used much apart from the big MNCs and OEMs.
glass99: I am starting FEA activities alongside Product Engineering in my organisation, to support my teammates using Creo Simulate. I have been having a very steep learning curve with Creo Simulate especially after my experience with ANSYS in college. Recently it failed to deliver a very simple multi-body simulation despite having very short intervals for non-linear analysis. The mesh was mostly prismatic but not very fine. Anyways cant expect much from a CAD software to deliver extra-ordinary FEA results.