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Items filtered by date: November 2024 - CIMdata
Infosys, a global provider of consulting, technology, outsourcing and next generation services, announced a definitive agreement to acquire Noah Consulting, LLC, a provider of advanced information management consulting services for the oil and gas industry. This acquisition was an all-cash deal, with an aggregate purchase consideration of US$70 million. Noah Consulting helps upstream oil and gas companies, including super majors, independents and oil field service companies plan, architect and deploy information solutions to unlock the value of their oil and gas assets. Noah's deep domain expertise in upstream oil and gas, coupled with their tools, solution accelerators and proprietary methodologies, makes them a leader in driving strategic data management engagements. This acquisition combines Noah’s deep industry knowledge, information strategy planning, data governance and architecture capabilities with Infosys’ ability to provide technology and outsourcing services on a global scale to oil and gas clients. Commenting on the acquisition, Rajesh Murthy, EVP and Global
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HCL Technologies Ltd has under a definitive agreement acquired a Bengaluru-based privately held engineering services firm, Concept to Silicon Systems (C2SiS), for an undisclosed sum. "C2SiS is empowering strategic change in a broad range of industries with its specialisation in system-on-chip and system design services and its client list includes Fortune 100 and Fortune 500 companies", HCL Technologies said in a BSE filing. It further said: "With this strategic acquisition, HCL will be able to leverage C2SiS' technical prowess in areas such as System-on-Chip, Physical design etc and will further extend its leadership position in the semiconductor industry."  Search for HCL Technologies on CIMdata.com Search for Concept to Silicon Systems on CIMdata.com
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What began as an experiment for a graduate degree has become an internationally recognized collection of 3D fashions created entirely on home printers. Israel-based designer Danit Peleg will present her 3D-printed, five-piece fashion collection at Gerber Technology's ideation2015, Oct. 29-30 in Las Vegas. "Gerber is providing the integrated software and digital solutions that fuel the imagination for new design and production approaches," said Karsten Newbury, Gerber vice president and general manager, Software Solutions. "Danit's work is an excellent example of persistence and innovative thinking, and shows where the industry can go in the future. We are excited to have Danit tell her story as part of ideation2015." Peleg, 27, created the 3D-printed collection as part of her graduate collection for her fashion design degree at Shenkar College of Engineering and Design. The collection was created using home printers following nine months of research and development. Each outfit required 400 hours to print, and Peleg experimented with a wide range of CAD and
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Burstorm announced that Sungard® Availability Services™ (Sungard AS) is deploying Burstorm's Computer-Aided-Design (CAD) application to Sungard AS Channel Partners. The application allows partners to architect public, managed and private compute, storage, data center and network infrastructure and immediately see available Sungard product sets, locations and pricing for various solutions. "The app makes the Partner SE’s job easier and less frustrating," said Scott Goessling VP Cloud Services Burstorm. “Instead of sending multiple emails and visio diagrams then waiting for feedback or pricing, partners can now create models and scenarios in the app and immediately see and share results with their clients.” “Like our enterprise customers, Sungard’s leaders recognize the advantages of using automation and technology to design, price and compare compute, storage, data center and network cloud services. Automating this process boosts sales conversion rates and enhances market success,” said Brandon Abbey CEO, Burstorm. Sungard® Availability Services™ (Sungard AS) has more than 30 years
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AVEVA says that Brodosplit has implemented an AVEVA Integrated Shipbuilding solution. The solution optimises the design of vessels and offshore assets and the procurement, material management and production across the entire shipyard. The AVEVA solution will help Brodosplit to reduce project time, increase productivity and lower production costs. ‘BrodoSplit’s key objective was to improve the shipyard efficiency and productivity by selecting AVEVA,’ said Robert Pešut, R&D Director, Brodosplit. ‘We underwent a significant market evaluation before selecting AVEVA’s Integrated Shipbuilding solution, which was by far the best in the market. It was encouraging to hear that AVEVA’s marine software is used by many of the worlds’ most productive shipyards, which was a major factor in our choice. Combining Integrated Engineering & Design with Enterprise Resource Management enables us to ensure that all key processes have the correct information about materials and resources at the right time throughout the project life cycle.’
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A partnership between Bobcat Company and Trimble has produced a 3D grade control system solution for use with Bobcat skid-steer loaders, compact track loaders and all-wheel steer loaders. The Trimble GCS900 grade control system for use with Bobcat 96- and 108-inch heavy-duty grader attachments will offer both small and large contractors alike the ability to work on complex projects that require digital designs and 3D machine control.  The new grade control system paired with a Bobcat loader and grader attachment will make it easier for operators to complete construction applications: residential and commercial development, coastal engineering, road and highway building and land reclamation. The new Trimble 3D grade control system allows operators to work at higher speeds without losing accuracy, increases valve responses and is a good grading solution.  The 3D grading system has a variety of measurable benefits. Less rework, less staking and checking, lower operating costs, improved material usage and faster
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SofTech, Inc. today announced its first quarter operating results for the three months ended August 31, 2015. For the first quarter of fiscal year 2016, the Company generated revenue of approximately $981,000 as compared to $864,000 in the same period in fiscal year 2015, an increase of about 13.5%. The net loss for the first quarter of fiscal year 2016 was approximately $(174,000) or $(0.19) per share as compared to a net loss of $(572,000) or $(.64) per share for the same period in fiscal year 2015. EBITDA for the first quarter of fiscal year 2016 was $(114,000) as compared to $(368,000) during the same period in fiscal year 2015. Revenue growth for the Company’s ProductCenter and Connector technologies was consistent with the growth experienced in fiscal year 2015. Revenue from the CADRA technology, a product we market and support in Europe under a Distributorship Agreement with Mentor Graphics Corporation, decreased 26% in
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Delcam will promote its wide range of software and services for the aerospace manufacturing and MRO industries at AIRTEC exhibition to be held in Munich from 3rd to 5th November.   These services can help aerospace companies whenever they need to increase productivity, to reduce lead times or to improve quality and consistency. Recent developments using Delcam software include a novel method for blisk machining produced in partnership with Technicut cutting tools.  The new process, which was programmed with the PowerMILL CAM system, delivered a 51% saving in cycle time and a 45% reduction in milling costs.  A video demonstration can be seen at https://www.youtube.com/watch?v=W1nqbQHV1Ew Another successful partnership, this time with Iruba, a German provider of engineered solutions, and machine-tool manufacturer Hermle, lead to a novel method for the creation of “fir-tree” profiles.  It allows these complex shapes to be produced on milling machines, such as the Hermle C60 five-axis machining centre,
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Aras® today announced that representatives from Airbus, BAE Systems, and ECCO will be speaking at ACE Europe, the annual Aras user conference to be held in Berlin on November 10 & 11. PLM experts and software users will offer insights and new approaches to ALM/PLM integration, Model Based Systems Engineering (MBSE), secure collaboration, PLM flexibility, connected products, cloud deployment options and Industry 4.0. At the ACE 2015 Europe attendees can: Attend focused sessions on a wide range of both business & tech topics See innovative new solutions that will transform business processes Learn about the latest technological advancements in PLM Network with Aras users and learn best practice strategies Titled Rethink PLM, the conference welcomes not only Aras subscribers, but any company looking for a better way to achieve successful PLM implementations. Attendees will hear real life stories and new strategies for rapid deployment of PLM solutions in complex product environments that include heavily customized solutions
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Altair announced that the 8th European Altair Technology Conference (ATC), which took place from September 29th - October 1st, 2015 at the "Cité de la Musique", in Paris, France brought together 650 engineers and simulation experts to discuss trends and news on simulation and development topics. With more than 100 presentations, an extensive exhibition and dedicated product updates on Altair, its products, and partners, the conference offered a perfect platform to network, learn and share experience. Kicking off with several workshops, a symposium on system simulation and Altair's European Academic Day, the conference was off to a good start for engineers from all industries, who are interested in learning more about innovative product development, using cloud offerings for engineering applications, design, simulation, optimization, and high performance computing. Day two staged Altair's CEO James Scapa, who announced the acquisition of Click2Cast, a Spain based casting simulation provider, and talked about Altair's strategic business
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