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Items filtered by date: November 2024 - CIMdata
Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, announced a series of leadership changes as part of its ongoing efforts to evolve its global operations and drive strategic execution toward achieving its 2035 Aspiration. Following these changes, Gaurang Shah, Peter Jenkins, Stephen Limoges, Ivo Marocco and Balaji Kanigicherla will join Renesas’ Enterprise Leadership Team and will report directly to Hidetoshi Shibata, CEO of Renesas. Gaurang Shah appointed Vice President and General Manager of Embedded ProcessingEffective January 1, 2026, Gaurang Shahhas been appointed Vice President and General Manager of Embedded Processing, succeeding Davin Lee, Senior Vice President and General Manager of Analog & Connectivity and Embedded Processing. In conjunction with this leadership change, Renesas’ Connectivity Solutions team will transition from the Analog & Connectivity Product Group to the Embedded Processing Product Group and will report to Shah. This integration reflects Renesas’ commitment to delivering more cohesive embedded processing and connectivity offerings for its customers. Shah, who most recently served as Vice President and Chief of Staff of the Power
Published in Newsletter Articles
Science Applications International Corporation, a premier Fortune 500® company driving our nation's digital transformation across the defense, space, intelligence, and civilian markets, announced a strategic organizational restructuring intended to ensure the Company is well positioned to capitalize on opportunities for growth and shareholder value creation, while remaining focused on delivering near-term operational results. Effective January 31, 2026, the company’s five current business groups will be consolidated into three. The current Army and Navy business groups will be combined into a new Army Navy Business Group (ANG) and the Air Force & Combatant Commands, and the Space and Intelligence business groups will become the Air Force, Space and Intelligence Business Group (AFSI). The Civilian Business Group will remain in its present form. As part of the organizational realignment, SAIC will restructure its Chief Innovation Office to ensure closer alignment with its business groups and the markets it serves. “We’re making these changes to ensure that we are well positioned to
Published in Newsletter Articles
Siemens announces its intention to deconsolidate its remaining stake in Siemens Healthineers (currently circa 67 percent). The company plans to transfer 30 percent of Siemens Healthineers shares to Siemens AG shareholders by way of a direct spin-off as preferable option. Thus, Siemens shareholders will benefit directly and receive shares in Siemens Healthineers. At the same time, the deconsolidation will provide potential to unlock long-term value for Siemens shareholders as a more focused technology company with a highly synergistic Siemens portfolio.  Siemens plans to reduce its stake in Siemens Healthineers to a significant minority to allow greater capital allocation flexibility. Thereby, Siemens also continues to participate in the attractive business of Siemens Healthineers as a minority shareholder. In the medium term it is targeted to reduce the shareholding to a financial asset. Siemens is committed to managing its investment in Siemens Healthineers in a responsible and shareholder-focused manner. Moreover, Siemens reaffirms its commitment
Published in Newsletter Articles
Trimble® announced winners of the annual Trimble Construction Innovation Awards, recognizing exceptional use of Trimble technology to improve workflows, processes and project management by North American customers. Applicants in five award categories highlighted benefits of a wide range of Trimble construction hardware and software solutions in design, 3D modeling, estimating, financial management and operational workflows. Many emphasized unique advantages of integrating multiple technologies from Trimble and from other suppliers to improve collaboration, data sharing, efficiency and overall performance. Six winners were chosen (including a tie in one category), along with five runners up. The announcement was made at the annual Trimble Dimensions User Conference. Companies of all sizes and from a wide range of commercial and civil sectors applied for the Trimble Construction Innovation Awards. Improvements in real-time communication, workflow connectivity and time saving were among the common themes highlighted, along with reductions in errors and rework. Specific achievements included reducing monthly financial closes
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IFS, the leading provider of Industrial AI software, is showcasing the next wave of AI innovation, applied for Industry. At its marquee event, Industrial X Unleashed, taking place in Tribeca, New York, the company shared its vision, demonstrated specific applications of IFS.ai in action within an industrial setting, as well as unveiled partnerships through applied customer examples. Opening the event, Mark Moffat, CEO of IFS said: “The opportunity to drive growth in our economy, as well as positively impact our society and planet using AI is now – but importantly, what will make a difference is applying AI in the industrial setting. The news headlines to date have been on the generic productivity benefits AI can provide to office-based workers, but IFS is uniquely positioned to deliver contextual and industry-specific AI to workers in the field. And that is where we will see the most impactful innovation and efficiency gains.” Driving growth
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Mark your calendars: the ESTECO International Users' Meeting 2026 will take place on June 16 -17, 2026 at Marina Monfalcone. Marina Monfacone is home to the Red Bull Sailing Academy. It's a unique destination located just 5 km from Trieste Airport, nestled between the Grado Lagoon and the Gulf of Trieste. Join the modeFRONTIER and VOLTA user community to discover the latest advancements of ESTECO Technology. Hear customer success stories and meet technology experts, support engineers and the people behind our digital engineering solutions. On June 18, we’ll host hands-on training sessions at our headquarters in Padriciano, Trieste. Seats are limited, so plan your trip accordingly. What to expect: User presentations – Learn how leading companies and institutions are applying ESTECO Technology in real-world scenarios. Tech talks & product updates – Explore the latest developments in our software and discover how to maximize its value. Networking opportunities – Connect with peers, ESTECO engineers, developers and staff members in an open, collaborative
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Freitag, November 14, 2025

Bechtle returns to growth

Bechtle AG recorded some significant increases across business volume, revenue and earnings in the third quarter of 2025. This marks a clear return to growth. Business volume increased by 8.4 per cent to €2,048.7 million, growth was very strong internationally totalling 17.0 per cent, and revenue went up 5.1 per cent across the Group to €1,588.2 million. Earnings before taxes (EBT) increased 2.4 per cent to €80.5 million (previous year: €78.6 million), which equates to an improvement of 20.5 per cent on the second quarter. As of 30 September 2025, the IT service provider employed 16,300 people—an increase of 692 on the previous year, which is entirely due to acquisitions. Particularly strong growth in business volume was seen in the Benelux countries, Spain, and the United Kingdom, but even markets facing more challenging conditions, such as France, Germany, and Switzerland, showed positive developments in the third quarter—a trend that continued into October. “Looking at the individual quarters of the 2025 financial year, a clear upward trajectory
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 PDF (German Version) HCLTech Enables Collaboration Across PLM & ALM Ecosystems Takeaways Model-Based Systems Engineering (MBSE) is critical for managing increasing product complexity across industries, and especially in regulated industries such as aerospace and medical devices It enables organizations to develop and validate multi-domain systems with greater speed and confidence. Integration of multi-disciplinary system design IP (both data and models) across the digital engineering toolchain is essential to realize the full potential of MBSE. Seamless data exchange between system architecture models and PLM/ALM platforms ensures coherent and collaborative decision making, as well as traceability and reuse. HCLTech’s MBSE connector solutions provide robust interoperability between leading SysML-based modeling tools (e.g., Cameo, Rhapsody) and enterprise platforms (e.g., Teamcenter, Polarion), enabling cross-discipline collaboration, digital thread continuity, and architecture governance. Enterprises across industries are achieving tangible benefits such as improved productivity, reduced rework, and compliance traceability using HCLTech’s solutions, demonstrating HCLTech’s leadership in enabling scalable, integrated MBSE deployments. Industry Challenges and
Published in Commentaries
In the first three quarters of 2025, the HOMAG Group recorded a significant increase in earnings due to the cost reductions realized. The continued weak market development in the furniture industry is reflected in the declining order intake and a slight reduction in sales. The HOMAG Group’s order intake decreased by 9 percent to EUR 939 million in the first nine months of 2025 (previous year: EUR 1,031 million). “Added to the already subdued market environment in the furniture sector was the uncertainty caused by trade policy turbulence. Against this backdrop, an increasing number of investment projects by customers from the furniture industry were postponed,” explains CEO Dr. Daniel Schmitt. “In contrast, the upward trend continued in production facilities for timber house construction. After years of subdued demand during the construction crisis, an increasing number of smaller and larger projects are being awarded again.” Sales declined slightly in the first three quarters
Published in Newsletter Articles
Donnerstag, November 13, 2025

KORE Reports Third Quarter 2025 Results

KORE Group Holdings, Inc. ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler and provider of IoT Connectivity, Solutions and Analytics, reported financial and operational results for the quarter and year-to-date period ended September 30, 2025. Third Quarter 2025 Company Highlights Revenue was $68.7 million, roughly flat to the same period last year, while Total Connections increased to 20.5 million, up 9% from 18.8 million from the same period last year. Net Loss decreased to $12.7 million, an improvement of $6.7 million or 35% from the same period last year. Adjusted EBITDA increased to $14.5 million, up $1.5 million or 12% from the same period last year. Cash provided by operations was $1.1 million, flat to the same period last year. Free Cash Flow increased to negative $1.1 million, an improvement of $1.1 million from the same period last year. "We delivered a solid quarter and are successfully executing our profitable growth strategy demonstrated by
Published in Newsletter Articles
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