"The CASOPT Project Consortium consisting of ABB, University of Cambridge, Technical University of Munich and Technical University of Graz proposes to facilitate a paradigm change from state-of-the-art Simulation-Based Design to novel Optimisation-Based Design of complex electromagnetically-driven industrial products. This new design philosophy will first enable automatic, physics-governed re-sizing / miniaturisation of complex environmentally-friendly device assemblies and at the same time enforce a re-thinking of industrial design in general. Our complete physics-based optimization system includes: component-level optimisation, automatic mesh smoothing/exporting, fast Boundary-Element solvers, design-criteria evaluation, assembly-level optimisation and is importantly supported by high-performance computing. Within this highly multidisciplinary and inter-related project we compiled a team of world-class experts in numerical analysis, multi-physics simulation and optimization, geometric design and parallel computing. The realisation of this project essentially relies on already available site competencies, knowledge transfer through secondment and is supported by additionally recruited experts."