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Items filtered by date: November 2024 - CIMdata
Jama Software, the leader in intelligent engineering management, announced today that Jama Connect® is the first engineering management software to deliver a Model Context Protocol (MCP) Server. Engineers across disciplines can now work in their chosen AI-enabled environment (e.g. Claude, Codex, Cursor, GitHub Copilot, Visual Studio, etc.) and maximize Large Language Model (LLM) inference quality and token efficiency while maintaining AI governance and industry standards compliance with Jama Connect’s Traceability Information Model.  Unlike custom-built integrations, Jama Connect MCP provides a breadth of tools, enforces existing permissions, lifecycle workflows, and audit requirements; thereby ensuring that AI governance and regulatory compliance is maintained.   Engineering organizations for regulated multidisciplinary products are rapidly adopting AI-Driven Development to achieve 10X gains in product velocity. But AI-Driven Development requires reconfiguring the product development process and retooling to fully lever AI engineering agent speed into product velocity gains. Only Jama Connect addresses the key challenges for engineering organizations to achieve the desired product velocity gains from AI-Driven Development:  Spec Driven Development – Engineers and AI engineering agents via MCP must be able to iterate and version in a shared context for specifications and context engineering.  LLM inference quality
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Trimble Inc. announced financial results for the first quarter of 2026. First Quarter 2026 Financial Highlights Revenue of $939.9 million, up 12 percent on a year-over-year basis, up 12 percent on an organic basis Annualized recurring revenue ("ARR") was $2.43 billion, up 12 percent year-over-year, up 12 percent on an organic basis GAAP operating income was $144.0 million, 15.3 percent of revenue, and non-GAAP operating income was $243.2 million, 25.9 percent of revenue GAAP net income was $98.9 million and non-GAAP net income was $186.9 million Diluted earnings per share ("EPS") was $0.42 on a GAAP basis and $0.79 on a non-GAAP basis Adjusted EBITDA was $257.7 million, 27.4 percent of revenue During the first quarter, Trimble repurchased approximately 4.7 million shares for $316.9 million Executive Quote "We began the year with strong momentum, delivering record annualized recurring revenue of $2.435 billion in the first quarter, and surpassing expectations on both top and bottom lines," said Rob Painter, president and CEO
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Stratasys Ltd., a leader in polymer 3D printing solutions, announced its financial results for the first quarter ended March 31, 2026. “Our first quarter results reflect the resilience of our operating model in a measured spending environment, demonstrated by positive adjusted EBITDA and operating cash flow," said Dr. Yoav Zeif, CEO of Stratasys. "Recurring revenue from consumables and customer support continued to provide stability, while Stratasys Direct delivered strong 23% organic growth year-over-year across a diverse range of industrial applications, led by drone customers. As we look forward, our current pipeline in high requirement applications, especially in defense, continues to build as we gain confidence in our ability to win prominent contracts in 2026 and beyond.” Summary - First Quarter 2026 Financial Results Compared to First Quarter 2025: Revenue of $132.7 million compared to $136.0 million. GAAP gross margin of 41.7%, compared to 44.3%. Non-GAAP gross margin of 46.3%, compared to 48.3%. GAAP operating loss of
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PTC reported financial results for its second fiscal quarter ended March 31, 2026. "PTC delivered solid financial results in Q2'26. Our go-to-market transformation continues to gain traction and our Intelligent Product Lifecycle vision is resonating with customers. The execution and momentum we've established over the past several quarters give us confidence that we are building a more durable, multi-year growth engine," said Neil Barua, President and CEO, PTC. "Customer interest in AI is growing, and our discussions reinforce how AI is driving momentum in PTC's business. Customers are modernizing their product data foundations with PTC's systems of record to apply AI. PTC is also establishing AI as a new intelligence layer over our systems to enable enterprise transformation," concluded Barua. "We are pleased to report our first quarter as a more focused company, aligned to accelerate our Intelligent Product Lifecycle vision. Our solid financial results in Q2 demonstrate the discipline and consistency we
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Materialise NV, a global leader in 3D-printed medical devices and software, and a pioneer in additive manufacturing software and services, announced its financial results for the first quarter ended March 31, 2026. Additionally, Materialise announced the transfer of its eyewear business to the eyewear management team. Highlights — first quarter 2026 Total revenue was stable at 66,276 kEUR for the first quarter of 2026 compared to 66,379 kEUR for the corresponding 2025 period. Gross profit as a percentage of revenue for the first quarter of 2026 increased to 57.2%, compared to 55.3% for the corresponding 2025 period. Adjusted EBIT increased to 2,470 kEUR for the first quarter of 2026 from 646 kEUR for the first quarter of 2025. Net result for the first quarter of 2026 was 1,820 kEUR, or 0.03 EUR per diluted share, compared to a net loss of (535) kEUR, or (0.01) EUR per diluted share, for the corresponding 2025 period. Driven by recurring positive free cash flow,
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Global automation leader Emerson previewed key focus areas for its upcoming OPTIMIZE™ 26, the premier event for AspenTech users, taking place May 11-14, 2026 in Houston. The event will feature two tracks – process industries and power & utilities – focused on helping customers apply AI, data management, modeling and optimization and digital grid management strategies to deliver greater business impact and measurable results. During the opening OPTIMIZE sessions, attendees will hear from senior executives and leaders across both industries. Keynote speakers for the power and utilities track include Calvin Butler, president and chief executive officer at Exelon, Chris Campbell, senior director of operational technology services at Salt River Project, Mario Suykerbuyk, executive director, digital and technology transformation, TenneT TSO B.V. and Susana Barros de Almeida de Graaff, executive director operations, TenneT TSO B.V.  Keynote speakers for the process industries track include Adriano Alfani, CEO at Versalis, Dylan Pugh, vice president engineering at
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SAP SE and Dremio announced that SAP has agreed to acquire Dremio, an open, high-performance data lakehouse platform built to accelerate agentic AI and expand SAP Business Data Cloud’s ability to combine SAP and non-SAP data to more effectively run analytical and AI workloads in real time. Terms of the deal were not disclosed. The transaction is still pending regulatory approval. Most enterprise AI projects fail to deliver value not because of the AI itself, but because the underlying data is fragmented, locked in proprietary formats and stripped of the business context that makes it meaningful. The result is a familiar and costly pattern: pilots that cannot scale, slow integration of new data sources, duplicated engineering work and compliance risk when organizations cannot explain how an AI-driven decision was reached. Dremio helps eliminate that data fragmentation and integration friction. The acquisition will complement the SAP Business Data Cloud and SAP HANA Cloud offerings to
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Long Path Partners, LP, a long-standing shareholder of Idox, has completed the acquisition of Idox plc through Frankel UK Bidco Limited, a newly formed company indirectly owned by funds managed by Long Path. Idox will continue to serve public sector and regulated industry organisations with specialist information management software and geospatial data solutions. This change in ownership supports Idox’s next phase of growth, with continued focus on delivering reliable, secure solutions and strong customer support. Colleagues, customers and partners can expect continuity in day-to-day operations, alongside ongoing investment in our products, services and innovation. The acquisition, originally announced on October 28, 2025 and subsequently implemented as a contractual takeover offer under the UK Takeover Code, received the overwhelming support of Idox shareholders representing well in excess of the acceptance threshold required for the offer to become unconditional. A partnership for the next phase of growth For more than 25 years, Idox has served as
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Tacton, a global leader in Configure, Price, Quote (CPQ) solutions for manufacturers of complex products, announced the launch of AI Product Modeling Assistant, a new capability designed to dramatically accelerate product modeling and remove one of the most persistent barriers to CPQ success. Tacton’s AI Modeling Assistant is part of a core innovation to its CPQ platform, earning a Gold win in the 24th Annual American Business Awards for Most Innovative Tech Company of the Year.  For manufacturers with highly configurable products, product modeling is often the longest and most resource-intensive phase of CPQ implementation. It determines how quickly products can be brought to market, how much of the portfolio is available at launch, and ultimately how fast organizations realize value from their CPQ investment.  At the same time, many manufacturers face increasing pressure from limited modeling expertise, workforce shortages, and the retirement of experienced engineers, making it even harder to scale product knowledge.  AI Modeling Assistant addresses these challenges directly.  “As manufacturers move toward a buyer-centric smart factory,
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We gladly announce the v25.1.5 release, for ANSA, EPILYSIS, META, KOMVOS, SPDRM, with critical bug fixes and selected implementations. Follows an overview of the most important items: Known issues resolved in ANSA Data Management Mesh parameters file was not read at all, while connected to a DM. LS-DYNA A couple of cases were encountered with "*MAT_108 *MAT_ORTHO_ELASTIC_PLASTIC". In specific, executing "Fringe > M.SCALE" would not color the model when its material was "*MAT_108 *MAT_ORTHO_ELASTIC_PLASTIC". The ADDED MASS, SCALED MASS and MASS INCR. % would not be calculated for "*MAT_108 *MAT_ORTHO_ELASTIC_PLASTIC". Furthermore, when the LS-DYNA ID SCHEMA was used, SETs might get the same IDs with different SET types while renumbering Includes. For instance, a SET could get the same ID with a SET_PART or vice versa. Abaqus Focusing on STEP Manager, MODEL CHANGE would be written out even if it was set to "NO". Kinetics ANSA would exit abnormally while trying to load a flexible body in Flex Tools after deleting its modal
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