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Items filtered by date: November 2024 - CIMdata
3D Systems Corporation announced its financial results for the first quarter ended March 31, 2025. Revenue of $95 million as growth in new hardware systems and related services was offset by a decline in materials sales driven primarily by inventory management in the dental aligner market. Previously announced $50 million cost savings initiative proceeding on schedule for completion by mid-2026. Reduction in operating expenses in Q1 continues to reflect the Company’s focus on cost and efficiency. Company announcing an additional cost reduction initiative estimated to deliver $20 million incremental savings in 2025 to accelerate organizational alignment in response to potential macroeconomic and tariff risks. Company withdrawing full year guidance due to risk of protracted weakness in customer capex spending. Top priority on delivering profitability at current scale. Strong new product portfolio spanning all metal and polymer platforms positions company well for accelerated growth and profitability when customer capex rebounds. Balance sheet significantly strengthened as April sale of Geomagic
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In the first quarter of 2025, the HOMAG Group’s order intake and sales were at approximately the same level as last year. Earnings improved thanks to cost reductions and a robust service business. There are still no signs of a market recovery at present. The HOMAG Group’s order intake increased by four percent to EUR 391 million in the first three months of 2025 (previous year: EUR 377 million). “We recorded a slight upward trend in orders for individual machines,” explains CEO Dr. Daniel Schmitt. “However, the market situation remains challenging and we do not yet see a significant recovery.” The order backlog had decreased to EUR 814 million as of March 31, 2025 (March 31, 2024: EUR 871 million). Sales decreased slightly compared to the previous year to EUR 335 million (previous year: EUR 347 million). EBIT before extraordinary effects increased by 25 percent to EUR 13.5 million (previous year: EUR
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Computer Guidance Corporation, the leading developer of cloud-based ERP solutions for the construction industry, announced receipt of its annual System and Organization Control (SOC) SOC 1 Type II and SOC 2 Type II attestation engagement reports for the eCMS Hosting Service system that was designed and implemented throughout the period January 1, 2024, to December 31, 2024. The trust services reports provide independent validation that Computer Guidance Corporation’s security, availability, and confidentiality controls operated in accordance with the American Institute of Certified Public Accountant (AICPA) applicable Trust Services Criteria (TSC) as a result of an examination of the description of a service organization’s system and the suitability of the design and operating effectiveness of controls involving a number of factors such as security, availability, and confidentiality outlined in the audit report. The audits reviewed several processes and procedures that have been implemented by Computer Guidance to proactively manage the cloud environments that
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Emerson, an industrial technology leader delivering advanced automation solutions, is empowering manufacturers with seamless data mobility across a new suite of life sciences software in the DeltaV™ Automation Platform. Providing key automation solutions from the earliest stages of recipe development through commercial manufacturing, Emerson’s suite of life sciences software makes it easier for organizations to select and connect critical tools necessary to bring quality treatments to patients faster, safer and more sustainably. The traditional process of creating a new treatment from research through clinical trials to commercial manufacturing is largely manual and intensely time consuming. Life sciences companies spend substantial resources in both time and money performing the steps necessary to move information across various applications to successfully develop and manufacture new products. With a wide variety of technology solutions from different providers in the various segments of the business, data can quickly become siloed in individual applications, making it difficult to
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Exiger, the market-leading supply chain AI company, announced the launch of its end-to-end tariff solution, Tariff Intelligence – a central hub to forecast and triage tariff impacts at all levels of the supply chain. Powered by custom visualization, automated workflows, agentic AI, and real-time calculators, Tariff Intelligence gives customers incredible granularity into which routes, suppliers, and components trigger higher tariffs, enabling targeted strategies that defend against cost increases and support rapid alternative supplier identification, screening, and onboarding. Tariff Intelligence is the market’s only supply chain visibility solution that enables users to map their tariff exposure down to the raw material and part-level. Agentic AI contextualizes the impact of tariffs, import/export restrictions, and supply chain disruptions for customers’ specific parts, automating actionable analyses and accelerating informed risk mitigation decisions. Tariff Intelligence is integrated into 1Exiger, a single sign-on, intuitive supply chain UX, and uses Proactive Intelligence, an advanced AI capability that predicts where
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HCLTech, a leading global technology company, has launched an augmented reality (AR)-based infrastructure management solution, in collaboration with CareAR and ServiceNow, to enhance IT operations with augmented intelligence, real-time remote assistance and automation-driven workflows. HCLTech is seamlessly integrating its expertise in infrastructure services and AI capabilities with enterprise AR solutions from CareAR, a Xerox company, on the ServiceNow platform. This comprehensive and advanced IT management solution aims to streamline IT infrastructure support, enhance operational and business resilience and significantly lower the cost and downtime of clients’ critical infrastructure. “Integrating augmented reality into enterprise IT operations not only revolutionizes the overall experiences in your organization but also unlocks unparalleled opportunities for efficiency, collaboration, and innovation, ensuring a sustainable competitive advantage in a rapidly evolving market” said Ravi Yeddanapudi EVP, Digital Foundation Services, HCLTech  “We are excited to partner with HCLTech to scale our transformative augmented reality solutions globally. With their industry expertise and global reach, we are confident
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ZWSOFT, a trusted provider of all-in-one CAx solutions, proudly announces the official release of ZWCAD 2026, the latest evolution of its flagship CAD software. Built upon a legacy of innovation, efficiency, and reliability, ZWCAD, now trusted by over 1.4 million users in 90+ countries, empowers professionals across AEC and manufacturing industries to design with confidence, agility, and vision.  From drafting the smallest components to conceptualizing monumental structures, ZWCAD has become synonymous with speed, precision, and flexibility. Its intuitive interface, perpetual licensing model, and powerful performance have made it the trusted CAD solution for enterprises and individuals alike. As industries accelerate their digital transformation journeys, ZWCAD continues to evolve — delivering not only robust drafting tools but also intelligent solutions that streamline workflows, enhance collaboration, and fuel sustainable innovation.  With the launch of ZWCAD 2026, ZWSOFT reaffirms its commitment to shaping the future of design: design with speed, innovate with ease. “We prioritized our
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Rockwell Automation, Inc., the world’s largest company dedicated to industrial automation and digital transformation, announced the launch of FactoryTalk® PharmaSuite® 12.00. The latest release of its manufacturing execution system (MES) is designed to support the unique needs of regulated pharmaceutical and biopharmaceutical manufacturing environments, helping companies simplify system management, accelerate deployments and scale production more efficiently. As the industry seeks to move faster while ensuring compliance, BioPhorum has noted that current MES solutions are often perceived as expensive, slow to implement and lacking flexibility required for modern operations. PharmaSuite 12.00 directly addresses these pain points, providing a simplified, configurable and future-ready platform for regulated life sciences production. The latest release introduces a modular architecture and new cloud-ready capabilities, providing manufacturers with increased agility to help meet rapidly evolving production demands. It also features enhanced cybersecurity to support the stringent compliance and data integrity standards required in regulated life sciences environments. "PharmaSuite 12.00 represents a major
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Sage, a leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs), announced significant progress in its ongoing collaboration with Amazon Web Services (AWS). Building on its role as an AWS partner holding the SMB Software Competency, and recognized for its expertise in developing solutions for small and medium-sized businesses, Sage is working with AWS to develop innovative AI solutions ideally suited for the accounting and compliance needs of SMBs. By leveraging AWS AI services like Amazon Bedrock and purpose-built AI chips like AWS Trainium and AWS Inferentia, Sage has been able to accelerate development, scale innovation, and deliver AI-powered solutions more efficiently. This collaboration enables Sage to rapidly test, refine, and roll out AI models tailored to the complex demands of accounting and compliance so customers can access Sage’s solutions faster, gain timely insights, and manage their finances with greater accuracy and efficiency. Advancing AI in Accounting :
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At Automate 2025 in Detroit, Siemens is announcing an expansion of its industrial AI offerings with advanced AI agents designed to work seamlessly across its established Industrial Copilot ecosystem. This new technology represents a fundamental shift from AI assistants that respond to queries towards truly autonomous agents that proactively execute entire processes without human intervention. Siemens' new AI agent architecture features a sophisticated orchestrator. Like a craftsman, it deploys a toolbox of specialized agents to solve complex tasks across the entire industrial value chain. These agents work intelligently and autonomously – understanding intent, improving performance through continuous learning, and accessing external tools and other agents as needed. Users retain complete control, selecting which tasks they wish to delegate to AI agents. "With our Industrial AI agents, we're moving beyond the question-answer paradigm to create systems that can independently execute complete industrial workflows," said Rainer Brehm, CEO Factory Automation at Siemens Digital
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