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Items filtered by date: November 2024 - CIMdata
“The time saving is epic. What used to take a week, now takes a day.” Those are the words of Ollie Crosthwaite, Managing Director of a specialist manufacturer of engines and components for historic racing cars. He was referring to the difference Edgecam’s new port machining module makes to producing cylinder heads for historic Jaguar racing cars. “If anyone wants to win an E-Type Jaguar race, they won’t do it without our engines.” He says the main issue with porting Jaguar cylinder heads is their depth and the amount of shape in the port. “Most ports are short and straight, but Jaguar’s are very long with a lot of curve. We use a lollipop cutter on a 5-axis machine to get inside successfully, and because of the depth of the port, we machine from both sides.” Paul Bumfrey, CNC programmer at Crosthwaite And Gardiner, says even using Edgecam’s powerful Advanced
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Montag, November 02, 2015

Trimble Reports 3Q 2015 Results

Third quarter 2015 revenue of $562.3 million was down 4 percent as compared to the third quarter of 2014, and was approximately flat on a constant currency basis. Engineering and Construction revenue was $326.4 million, down 5 percent. Field Solutions revenue was $73.5 million, down 17 percent. Mobile Solutions revenue was$131.6 million, up 9 percent. Advanced Devices revenue was $30.8 million, down 6 percent. GAAP operating income was $46.0 million, up 314 percent as compared to the third quarter of 2014. GAAP operating margin was 8.2 percent of revenue as compared to 1.9 percent of revenue in the third quarter of 2014.    GAAP net income was $37.1 million, up 214 percent as compared to the third quarter of 2014. Diluted GAAP earnings per share were $0.14 as compared to diluted GAAP earnings per share of $0.04 in the third quarter of 2014. Third quarter 2014 GAAP results were negatively impacted by an approximately $51 million reserve for legal matters related to a jury verdict, which was
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ModuleWorks, the leading supplier of CAD/CAM components for toolpath creation and CNC simulation is happy to join the consortium for the European Twin Control project. The first of October saw the start of the European project Twin-Control, an alliance of eleven European partners that aims to design a new concept for machine tool and machining process simulation. The project will last for 36 months, has a total budget of 5.6 million euros and is partially funded by the European Union under the European Framework Programme for Research and Innovation, Horizon 2020 (grant agreement No. 680725). Twin-Control is a new concept of machine tool simulation because it unifies the different concepts that affect the machining process, combining advanced simulation models and including vital aspects in today’s industry, such as maintenance and energy efficiency. In addition, it will allow for the integration of the actual machine state in the models, increasing productivity through model-based
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Fujitsu today announces the market readiness of its Internet of Things (IoT) Edgeware(TM) management platform for Australia and New Zealand.  Edgeware provides the link between automated identification technology and enterprise applications and is particularly suited for organisations in sectors such as: Public Safety (Police, Firefighting and Emergency Services), Distribution & Freight (ports; postal services; environmental monitoring of sensitive cargo such as chemicals and explosives; cold storage transport and food distribution), Public Utilities, IT Asset Management, Mining and Oil & Gas, Healthcare and Manufacturing. Edgeware provides the link between automated identification technology and enterprise applications and is particularly suited for IT Asset Management  whether increasing inventory accuracy, requiring better real time asset lifecycle management, providing pro-active maintenance, security of goods or quicker and more accurate asset audits.   With the completion of training for its local team of expert architects, developers and industry consultants; a successful Proof of Concept with a Defence sector
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Elsevier today announced the addition of six publishers who are now offering content via the Knovel platform across a range of disciplines. Engineers and technical professionals benefit from definitive sources and emerging research addressing topical business challenges on a range of subjects including innovation, material selection, sustainability, compliance, manufacturing, and operational efficiency. This new content is available now on a subscription basis via Knovel. The six publishers added on the Knovel platform are: CFE Media provides engineers in manufacturing, commercial and industrial buildings, and manufacturing control systems with the knowledge they need to improve their operational efficiency. CFE is the platform for content, community and applications that engage engineers worldwide to share, learn and increase productivity across all engineering designs, systems and plants. ChemIDplus is a chemical database provided by the U.S. National Library of Medicine that serves as a dictionary of over 400,000 chemicals (names, synonyms and structures). ChemIDplus includes links to NLM and other databases and resources,
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CENIT Aktiengesellschaft has acquired a majority stake in Coristo GmbH, the leading consulting enterprise for SAP product structure management. In this way, CENIT is expanding its competency and solution portfolio for end-to-end SAP ERP/PLM solutions and strengthening its position as a reliable partner to the manufacturing industry for digital transformation in the Industry 4.0 context. For decades, CENIT has been a strong provider of practical uses of enterprise software in optimizing business processes. Delivering innovative solutions to sharpen the competitive edge - for over 25 years, this has been the mission of CENIT's business model. As partner of Dassault Systèmes, IBM and SAP, CENIT supports clients in implementing digital transformation strategies by providing process and organizational consulting, IT strategy planning, system integration and international rollouts, and operating entire infrastructures. CENIT's success is based on a combination of sector knowledge, process understanding, deep technology knowhow and extensive practical experience gained in
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·         Revenue grows by 38.2% to reach new top mark of EUR 70.7 million in Q3 ·         Nine-month revenue increases by 34.2% to EUR 205.9 million ·         Non-domestic business and software licenses as growth drivers ·         EBITDA at EUR 49.4 million (+27.2%) after nine months completely within expectations ·         After revenue forecast is raised, EBITDA target range is also increased for 2015   The Nemetschek Group continued to demonstrate dynamic business development in the third quarter of 2015. The strong growth of 38.2% in the period from July to September – a record value for a third quarter – was driven organically and as a consequence of the acquisition of US company Bluebeam Software, Inc. in the previous year. The greatest growth impulses came from abroad and from the revenue from software licenses. Parallel to this, the company continued to invest in extending its international market presence, its sales and its marketing, and in expanding its
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Atos Worldgrid, a world leader in intelligent energy management solutions, launches its Big Data solution for utility companies that allows consumers to regain control of their energy consumption whilst at the same time allowing utility companies to develop new added-value services. Atos will demonstrate its new solution on stand A.K41 at European Utility Week 2015 in Vienna from 3-5 November. Business reinvention - hub for running and supporting the connected household Developed on the Atos Business Analytics Platform, the new energy multi-sided market solution is a Big Data platform for services focused on business reinvention. It enables utility companies to create new services based on meter data in order to improve customer engagement, minimize churn and open new revenue streams. The solution analyzes meter data from all streams, including electricity, gas and water for  distribution, retail utilities and other business partners. Data for a smart home Data is at the heart of the solution.
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- Non-GAAP-based Operating Margin was 34% - Blue Carbon To Be Unveiled at Enterprise World; Enters Beta this Quarter - Total Revenue Was $434.5 Million, Down 4%; in CC*, Up 3% Open Text Corporation announced its financial results for the first quarter ended September 30, 2015. "Fiscal 2016 will be a transformative year for OpenText. Digitalization enables customers to create a better way to work, and project Blue Carbon is the enabling platform. I am pleased to confirm project Blue Carbon will be available in Beta this quarter and unveiled at our annual user conference Enterprise World, taking place November 8 to 13, 2015," said OpenText CEO Mark J. Barrenechea. Barrenechea further added, "As for Fiscal Q1 results, due to the strength of the US Dollar, foreign currency volatility continued to have a significant impact on our results in the quarter, negatively impacting total revenue by $34M. In constant currency, total revenue grew 3%, and
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Fujitsu reported a profit for the second quarter attributable to owners of the parent of 2.9 billion yen, representing a deterioration of 14.2 billion yen from the second quarter of fiscal 2014. Consolidated revenue for the second quarter of fiscal 2015 was 1,176.2 billion yen, an increase of 4.6% compared to the second quarter of fiscal 2014. Revenue in Japan increased 3.2%. Although revenue from network products and PCs decreased, revenue from system integration services and mobile phones increased. Revenue outside of Japan rose 6.8%. Revenue from network products declined, but overall revenue outside of Japan rose, benefiting from foreign exchange movements. The decline in the value of the yen versus the US dollar served to increase revenue by approximately 35.0 billion yen compared to the second quarter of fiscal 2014. The ratio of revenue outside Japan was 40.8%, an increase of 0.8 of a percentage point compared to the same
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