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Items filtered by date: November 2024 - CIMdata
EMC Corporation today reported third-quarter 2015 financial results. Consolidated third-quarter revenue was $6.08 billion, up 1% year over year and up 5% year over year on a constant currency basis1. GAAP and non-GAAP2 earnings per weighted average diluted share were $0.25 and $0.43, respectively. EMC generated $1.4 billion in operating cash flow and $1.03 billion in free cash flow3 in the third quarter, and ended the quarter with $14.3 billion in cash and investments. EMC returned $229 million to shareholders in the third quarter via a quarterly dividend. Joe Tucci, EMC Chairman and CEO, said, “This is an historic time for EMC and the entire IT industry. EMC combining with Dell, two highly complementary companies, will create a tech industry powerhouse – a new company with more than $80 billion in revenue that is extremely well positioned for a new era. We firmly believe that this compelling combination is the best strategic option for
Published in Newsletter Articles
 Dassault Systèmes announced that its annual 3DEXPERIENCE FORUM North America will address “Doing Business in the Age of Experience” with a focus on the impact of additive manufacturing, the power of connecting people to data, and the Internet of Things (IoT). David Rose, author of “Enchanted Objects” and instructor at MIT Media Lab, and Jeremiah Owyang, founder of Crowd Companies, will deliver the keynotes, leveraging their expertise on product innovation, the collaborative economy, and the power to disrupt industries by creating remarkable experiences.  The 3DEXPERIENCE FORUM will be held as two one-day events, in Boston on Monday, November 16 and in San Francisco on Thursday, November 19.  To demonstrate how brands are driving their businesses to create captivating experiences for customers, Dassault Systèmes has amassed leading thinkers, customers, and senior executives from a variety of industries, including aerospace and defense, transportation and mobility, energy, process and utilities, as well as life sciences. Attendees will hear keynotes from Dassault Systèmes’ President and
Published in Newsletter Articles
On October 27th at PLM Connection Europe, Norbert Zimmert will present MTU Aero Engine’s story of a successful, long-term archival and retrieval (LOTAR) implementation for explicit geometry within Siemens NX and Teamcenter. CADIQ from ITI is the validation solution used for verification and validation of the STEP files within this LOTAR system. Aerospace and defense industry products have lifecycles exceeding 50 years. With the rapid increase in the amount of digital data associated with every part, CAD model data archival and retrieval solutions have escalated in importance for any company whose products have a long life. As a founding member of the LOTAR organization, ITI has vast experience and expertise along with the most technologically advanced solutions in the marketplace for CAD data validation. ITI’s CADIQ solution analyzes MBD models and identifies defects and differences in derivative models that impact downstream reuse for manufacturing and sustainment, making the solution a critical facet of
Published in Newsletter Articles
Altair today announced that Fieldscale PC has joined the Altair Partner Alliance (APA) with its electromagnetic simulation software, Charge. The software specializes in electrostatic simulations, also known as electric field simulations.  "We are very proud to join the Altair Partner Alliance,” said Yiorgos Bontzios, CEO of Fieldscale. “Fieldscale's next generation simulation software will empower engineers to design more efficient products in less time, becoming a necessary tool for any result-driven electric hardware company. Altair will be a powerful ally in this direction and together, we will enable engineers to run impossible simulations.” Charge enables engineers to analyze the electric field of an entire model without compromising to unrealistic simplifications, allowing them to simulate problems that were previously unsolvable. Based on the reliable Boundary Element Method, Charge accurately computes the electric potential and field distribution for complex structures. It breaks down the simulation process to five steps within a simple-to-use environment, leading to increased
Published in Newsletter Articles
 PDF Key takeaways: Product complexity is increasing as products become smarter and more connected As new methods and paradigms for design emerge the importance of PLM to manage the increased scope of requirements and information needed for design, development, manufacturing, and service continues to increase Introduction In their latest article on how technology and the Internet of Things (IoT) are changing products and business models, PTC President and CEO Jim Heppelmann and Dr. Michael Porter, Bishop William Lawrence University Professor at Harvard Business School discussed How Smart, Connected Products are Transforming Companies.[1] CIMdata is following this series of articles because we also believe that development of smart, connected products is changing how manufacturers need to think about and execute product design, development, and support as well as the essential nature of the products and solutions they develop and deliver to their customers, and the overall business model that they will follow. Designing Products for the Future One
Published in Commentaries
Dienstag, Oktober 20, 2015

PTC To Acquire Vuforia (Commentary)

 PDF Key takeaways: Augmented Reality solutions are being rapidly adopted in automotive, aerospace, and other industry sectors with particular use in design and service applications Recent CIMdata research on augmented reality and mixed reality applications suggests that industrial companies are just scratching the surface with the enablement of potential use cases The Vuforia acquisition should enable PTC to provide significant new capabilities for product design, operational management, and service PTC announced it has signed a definitive agreement to acquire the Vuforia business from Qualcomm Connected Experiences, Inc., a subsidiary of Qualcomm Incorporated (NASDAQ: QCOM), for $65 million. Vuforia is a mobile vision platform that enables applications (“apps”) to see and connect the physical world with digital experiences. Today, Vuforia is supported by a global ecosystem of developers in 130 countries and has more than 200 million apps installed worldwide. Under terms of the agreement, PTC will acquire the Vuforia business, including the developer ecosystem. PTC
Published in Commentaries
ASCON Group, the developer and integrator of high-performance CAD/AEC/PLM software systems, is pleased to announce the 2.1 release of Renga Architecture, the intuitive 3D modeling software for the AEC industry. The ASCON development team is hard at work every day adding new features to Renga Architecture. And so that's why we decided to not wait for the scheduled third release, but share Renga Architecture 2.1. with our users today. The main reason for introducing a new update fewer than two months after the last release of Renga Architecture is because we changed the way that trial mode works. After the end of the 60-day trial period, Renga 2.1 now allows you to still open projects, create new ones, and event print drafts; the new limitation is only that files cannot be saved. When you select visible 3D objects, Renga Architecture now chooses objects with the help of the frame. For example,
Published in Newsletter Articles
Aras® today announced that Triangle Package Machinery Co., a leading global manufacturer of vertical form fill and seal bagging machines, in-line scales, and cartoner machines, has selected the Aras PLM platform to streamline global product development, sales and aftermarket support. Integrating to NX CAD and Microsoft Dynamics ERP, Aras Innovator® will unify Triangle Package Machinery’s view of product information across all departments within the enterprise. Working with Aras Gold Certified Partner Razorleaf, Triangle Package Machinery will implement advanced, next-generation PLM from Aras. Aras Visual Collaboration will enable Triangle Package product development teams to quickly and easily identify and rectify issues during the pre-production stage, avoiding scrap and manufacturing delays. Using Aras, manufacturing and supply chain participants can collaborate via automated workflows, parts viewing and mark-up. Additionally, specific Aras solutions in support of product development, manufacturing, sales and support of in-market products will be implemented, including: Automated Revision Control for CAD Sales Engineering Information Management “Living BOM”
Published in Newsletter Articles
Today, Altair announced that it has partnered with Ziegler-Instruments to enhance its Squeak and Rattle Director (SnRD), making it the most advanced and comprehensive solution on the market to predict and eradicate squeak and rattle phenomena in vehicles, aircraft and other products sensitive to Noise, Vibration and Harshness (NVH). The addition of Ziegler-Instruments’ PEM material database gives Altair’s SnRD clients access to the results for over 11,000 individual stick and slip phenomena for different materials pairs.  The SnRD is a combination of highly customized software and automated processes that are implemented by Altair’s service division, Altair ProductDesign in conjunction with a client’s engineering team and testing teams. The solution creates a comprehensive, efficient and semi-automated approach to determine relative component displacements in the time domain that can lead to undesired squeaking and rattling in products. By identifying potential areas of concern in the early stages of design, the overall design quality
Published in Newsletter Articles
Topcon Positioning Group announces its DS-200i direct-aiming motorized imaging station's compatibility with the new Autodesk BIM 360 Layout app for the Apple iPad. The DS-200i is the second total station solution that Autodesk and Topcon have collaborated on for contractors.  "For years Topcon and Autodesk have worked together to provide advanced solutions for the BIM marketplace including the Topcon LN-100 Layout Navigator," said Ray Kerwin, director of global surveying products. "Now the BIM 360 Layout app's connectivity with the DS-200i offers a reflectorless solution along with imaging and greater vertical range."  The DS-200i has an EDM (electronic distance measurement) range of up to 1000 meters (3280 ft.) without the need of a prism, and 5,000 meters (26,240 ft.) with one. The built-in wireless WLAN connects the iPad with the BIM 360 Layout app.  "This Topcon and Autodesk collaboration provides contractors the ability to connect a coordinated model to the field layout process, helping to increase job site productivity
Published in Newsletter Articles
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