With SoC & complex systems, Virtual Platforms are gaining grounds. Processor industry is going through big change where Wintel domination was shattered with SoC/ Multi-core / Multi-processor based platforms.
As Si companies focus on providing "proven-IPs" it becomes system challenge to revenue generation. Time to Market is gated by System development.
Virtual Platforms allow SW developers to start testing their software stacks much before Si is available. VP doesn't replace need of Si, but allows early development & thus reducing TTM
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