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Items filtered by date: November 2024 - CIMdata
DXC Technology announced that its Board of Directors has unanimously approved special equity grants for Raul Fernandez, President and Chief Executive Officer, and Rob Del Bene, Executive Vice President and Chief Financial Officer. These grants are designed to secure the continued leadership of both key executives through fiscal year 2028 and further align their compensation with sustainable long-term shareholder value creation. These agreements reflect the Board’s confidence in the executive team’s strategic vision and operational execution, as DXC continues to progress to a more focused, customer-centric and growth-driven technology services leader. Under Raul’s leadership, “DXC has sharpened its strategic focus, revitalized its go-to-market execution, and reignited cultural momentum across the organization,” said David Herzog, Chairman of the DXC Board of Directors. “Together with Rob’s financial stewardship and focus on operational excellence, this leadership team has positioned DXC to deliver long-term value for our customers, employees, and shareholders.” In lieu of annual equity grants
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ENCY Software, a European developer of innovative CAD/CAM/OLP solutions for automating CNC machine and industrial robot programming, has officially registered and launched its wholly-owned Indian subsidiary — ENCY Software India Pvt., Ltd. — in Pune, Maharashtra. The opening marks a strategic expansion into one of the world’s fastest-growing manufacturing and automation markets. India’s industrial sector is undergoing rapid transformation. With government initiatives like “Make in India” and the rise of smart manufacturing, the demand for CNC machining, robotic automation, and intelligent software is increasing. The Indian metalworking market is projected to maintain double-digit growth, with the automotive, aerospace, defense, and general engineering sectors driving investment in modern CNC machines and digital production tools. The robotics segment is evolving from basic automation to advanced multi-axis systems, while the CAD/CAM software market is seeing a shift from legacy solutions to integrated platforms that connect engineering and production. The decision to establish a local presence followed
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Keysight Technologies, Inc. released its 2024 Corporate Social Responsibility (CSR) Progress Report, highlighting the company’s recent achievements across ethical business and governance, environmental sustainability, and positive social impact. The progress report, with its accompanying 2024 CSR Data Report, encompasses Keysight’s CSR performance in fiscal year 2024 and includes operations worldwide, unless otherwise noted. Data includes disclosures that have been prepared with reference to the Global Reporting Initiative (GRI) revised universal topic standards and aligned to the Sustainability Accounting Standards Board (SASB) frameworks, as well as additional human capital metrics not included in the mentioned frameworks. Keysight’s 2024 CSR Progress Report showcases how the company met its ethical business and governance goals, progressed toward long-term sustainability goals, exceeded some short-term key impact goals. These results were attained while continuing to make positive contributions to purposeful technology and transparency with key international environmental, social, and governance (ESG) disclosure frameworks. Met stated goals for ethical business and governance
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The Nemetschek Group, a leading global provider of software solutions for the AEC/O (Architecture, Engineering, Construction & Operations) and media industries, announced the launch of its operations in the Kingdom of Saudi Arabia. This strategic move underscores the company’s commitment to supporting the region’s rapid growth, digital transformation, and sustainability ambitions as part of Saudi Arabia’s Vision 2030 The expansion brings Nemetschek’s portfolio of industry-leading brands – including Allplan, Bluebeam, Graphisoft, Maxon, Solibri, Spacewell, and Vectorworks – closer to one of the world’s most dynamic construction markets. The Saudi construction sector is experiencing unprecedented growth, with over $1 trillion in mega-projects underway and a strong push for digitalization and sustainable building practices. The Nemetschek Group’s solutions will empower local architects, engineers, builders, and creative professionals to deliver projects more efficiently and sustainably through advanced BIM, AI, and digital twin technologies. Muayad Simbawa has been appointed Managing Director for Nemetschek's operations in Saudi Arabia
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PROS Holdings, Inc., a leading provider of AI-powered SaaS pricing and selling solutions, announced the winners of its second annual 2025 Customer Outperformer Awards. The awards celebrate customers that exemplify innovation, transformative growth and exceptional customer experiences through the strategic use of the PROS Platform and AI capabilities. Representing industries including airline, distribution, manufacturing and services, this year’s winners reflect the versatility and wide-reaching impact of the platform. “Our Outperformer Award winners reflect the power of combining technology, vision and partnership to fuel industry-leading progress,” said Todd McNabb, Chief Revenue Officer, PROS. “In a time when businesses must adapt faster than ever, these companies are not just keeping pace, they’re setting the standard— through bold, data-driven strategies and meaningful collaboration.” In its second year, the 2025 Customer Outperformer Awards saw a substantial increase in the quantity of submissions, with applications doubling from 2024. This surge in participation highlights the growing recognition of PROS
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Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, announced its partnership with the Ministry of Electronics & Information Technology (MeitY), Government of India, to support local startups and academic institutions in the field of VLSI and embedded semiconductor systems. Renesas also celebrated the expansion of its offices in Bengaluru and Noida to accommodateits growing R&D teams, with the inauguration ceremonies held today. This strategic move underscores Renesas’ commitment to innovation and excellence in India and aims to drive continued growth in the region. Renesas and the Centre for Development of Advanced Computing (C-DAC), an autonomous scientific society of MeitY, today signed and exchanged two Memoranda of Understanding (MOUs) under the MeitY Chips to Startup (C2S) programme (Note). These MOUs focus on 1) Supporting local startups by enabling them to drive technological advancement andpromote local manufacturing in alignment with the Make in India initiative; and 2) Enhancing industry-academia collaboration by fostering an innovative, product-focused mindset among students. Shri Ashwini Vaishnaw, Minister for Railways, Information & Broadcasting, and Electronics &
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Learn how Cooper Standard modernized its CAE workflows—automating simulation post-processing, streamlining results reviews, and aligning with OEM digital testing requirements—to stay ahead in a virtual-first automotive landscape. May 29, 2025 11:00 AM (Eastern US) REGISTER Overview As automotive OEMs accelerate the shift to virtual-first development, suppliers are under growing pressure to replace physical testing with simulation—many times requiring 3–5x more digital test results from simulation teams to satisfy these new demands, often without increasing Analyst headcount or resources. In this new landscape, robust virtualization and automation of simulation processes are no longer optional—they’re a competitive necessity. Join us for a behind-the-scenes look at how Cooper Standard responded to this industry transformation by adopting VCollab’s Rapid Results Review (RRR) solution. Discover how they automated critical CAE workflows, including post-processing and results reviews, to make faster, more informed engineering decisions while aligning with OEM expectations. In this session, you’ll learn: The growing industry pressure to reduce or eliminate physical testing
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Trimble® has opened registration for its annual Trimble Insight Tech Conference running November 16-18, 2025 at the Ernest N. Morial Convention Center in New Orleans: https://transportation.trimble.com/about/insight. Trimble Insight is back for its eighth year as a three-day festival-style event. Bringing together over 1,500 experts, carriers, shippers, logistics providers and leading tech innovators at the forefront of the transportation industry, the conference offers an unparalleled experience for education, innovation and collaboration. With over 200 educational sessions designed to help customers optimize their use of Trimble solutions and services, attendees will hear from industry experts on the latest in transportation, including AI-powered logistics, market challenges and opportunities, the evolution of operational management and more. With a greater focus on shippers, attendees will gain access to shipper-centric thought leaders and opportunities to learn how to win the market. Sessions will cover topics critical to shippers including procurement, freight audit, dock and yard management, and real-time
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Bandit Running, a rapidly growing, community-driven running apparel brand based in Brooklyn, NY, has selected Centric PLM™ as its product lifecycle management (PLM) solution to streamline operations and support its continued growth. The decision marks a critical step in Bandit Running’s growth strategy as they transition from their legacy PLM system to elevate their design and product development processes. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such as fashion, outdoor, luxury, footwear, home and related goods like cosmetics & personal care as well as multi-category retail to achieve strategic and operational digital transformation goals. Bandit Running, founded in 2020 by members of the NYC running community, prides itself on creating innovative apparel while maintaining inclusivity for runners of all paces and experiences. With a vision to be the world’s most authentic, community-driven running brand, Bandit Running recognized
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ABB has been selected by integrated global energy company Eni as the main automation contractor for HyNet, one of the UK’s first industrial decarbonization clusters that forms part of the Government’s Track-1 carbon capture and storage (CCS) commitment. ABB’s Ability™ System 800xA® Integrated Control and Safety System (ICSS) will be deployed to manage the automation, telecoms and cyber security project scope for the transportation and storage of the captured carbon dioxide (CO2) emitted by heavy industrial plants in the North West of England and North Wales, to four depleted gas fields in the Irish Sea off the coast of Liverpool. The project aims to reduce CO2 emissions by 10 million tons a year by 2030, the equivalent of taking four million cars off the road and a quarter of the carbon dioxide currently emitted across the region. “CCS has an important role to play within the current energy transition but navigating the complexities of operating an
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