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Low cost competitors, who offer “good enough” products and services at very attractive prices, are currently significantly impacting the businesses of many leading companies, and some are starting to “move up” to challenge the traditional companies in their core markets.

Lumerical Solutions, Inc., a global provider of photonic design software, announced 2013b release which provides significant improvements to all of Lumerical’s products, and includes releases of FDTD Solutions 8.6, MODE Solutions 6.5, INTERCONNECT 3.0 and DEVICE 3.0. This 2013b release will reinforce Lumerical’s status as the most frequently referenced vendor of dedicated photonic design tools by R&D professionals.