Wipro Limited today announced financial results under International Financial Reporting Standards (IFRS) for its first quarter ended June 30, 2015. Highlights of the Results for the Quarter ended June 30, 2015: Gross Revenues were `122.4 billion ($1.9 billion ), an increase of 10% YoY. Net Income2 was `21.9 billion ($344 million), an increase of 4% YoY. IT Services Segment Revenue was $1,794.1 million, a sequential increase of 1.1% Non-GAAP constant currency IT Services Segment Revenue in dollar terms grew 0.2% sequentially and grew 8.1% YoY IT Services Segment Revenue in Rupee terms was `115.8 billion ($1.8 billion), an increase of 10% YoY. IT Services Segment Results was `24.3 billion ($382 million), an increase of 1% YoY. IT Services Segment Margins was 21.0% for the quarter. Performance for the quarter ended June 30, 2015 T K Kurien, Member of the Board & Chief Executive Officer of Wipro, said – “On the Run side, deals are getting increasingly competitive and we

Vero Software is increasing its presence at EMO, as three of its Italian resellers will be exhibiting different brands. Vero Solutions are showing the latest VISI release, V21, containing more than 340 updates, focusing on advanced technologies both in its design and manufacturing aspects, featuring innovative, unique technologies included for the first time.  VISI has always maintained a leading position in managing large amounts of CAD data, and ease of use for definition of mould tools and assemblies. Visitors to EMO will see how these key features are extended in the new release to include dedicated tools for creating and managing multiple cavities within a single tool, enabling components to be modified quicker and more efficiently. Users will find higher levels of data and improved tools for creating geometry. VISI 21 represents a release with significant CAM focus, including a fresh new look to the CAM Navigator, command consolidation, and new dialogue box

Tata Consultancy Services launched a major new global study looking at the impact of IoT technologies across a wide range of industry sectors around the world. The TCS Global Trend study on IoT, which surveyed 795 executives from large multi-nationals, identifies the huge potential for revenue increases from IoT, while also highlighting the significant challenges that lie ahead for businesses transitioning to the new model. Commenting on the study, Natarajan Chandrasekaran, CEO and MD, TCS, said: "The age of IoT is well underway. The question is, whether businesses are ready to realize the full potential of this technology. Our latest global trend study found that leaders in using IoT technologies are using it to completely re-imagine their businesses by changing every aspect of them from business models and products to business processes and workplaces." He added: "Now is the time for every leader in every industry to reimagine the possibilities for their businesses

Mentor Graphics Corporation today announced the newest version of the Flowmaster® 1D computational fluid dynamics (CFD) software product for fast and accurate thermo-fluid systems design. The new Flowmaster solution features several key new and enhanced functionalities including an improved multi-arm tank component, and integration with complementary 1D pipe stress products such as CAESAR II and CAEPIPE for pipe fluid-force predictions. Overall product enhancements to usability and increases in physical modeling capabilities provide unparalleled accuracy and ease-of-use to the automotive, aerospace, power generation and gas turbine markets. The enhanced usability and physical modeling capabilities in version 7.9.4 of the Flowmaster product include: Multi-Arm Tank Component: This capability enables the user to choose between two distinct heat transfer models: poly-tropic and full heat transfer. This is a feature of particular applicability to the aerospace market. Enhanced "Experiments": Users can easily modify key system parameters and observe the impact immediately and from one place in the software. A persistent

Dimensional Control Systems, Inc. (DCS) is releasing version 7.3.2.0 of 3DCS Variation Analyst with all new features. Available integrated in CATIA V5-6, as well as Multi-CAD for NX, Pro-E and SOLIDWORKS product, 3DCS Variation Analyst Version 7.3.2.0 delivers advanced simulation to DCS customers. 3DCS Variation Analyst is an advanced variation analysis software utilizing Monte Carlo simulation to create virtual prototypes of products. This gives manufacturers the ability to test their designs and manufacturing processes in a virtual environment in order to find build issues and non-conformance that may require rework, cause scrap and increase the overall production cost. This major update to the software includes a number of different features including Locator Sensitivity Analyzer and Alias Display and updates to the software’s current functionality. With the addition of Locator Sensitivity Analyzer, 3DCS Variation Analyst can be used to check the effect of different locators for a part. This helps determine optimal assembly conditions,

Dassault Systèmes today announced that LF Corp, a leading fashion and lifestyle company in Asia, has selected the “My Collection” industry solution experience to streamline the planning, designing and sourcing of its collections.  LF Corp is now supporting its international growth initiatives using powerful collaborative and analytical capabilities in a single digital environment. LF Corp, formerly LG Fashion Corp., is a specialist in men’s and women’s fashion, sports and outdoor wear, and accessories for more than 40 years.  Its 11 proprietary brands include Maestro, Hazzys, Lafuma, and Allegri, in addition to 18 licensed brands such as DAKS, Max Mara, Isabel Marant, Vanessa Bruno, Vince, and Joseph, and 1,500 multi-brand retail outlets in South Korea, China, Japan, Taiwan and Thailand.  As part of its vision to become a global top-ten brand company by 2017, LF Corp sought a collaborative system that would boost its efforts to strengthen design, quality and sourcing, develop global

Dassault Systèmes today announced that Elixir Aircraft, a French aviation startup, has chosen Dassault Systèmes’ 3DEXPERIENCE platform to develop the industry’s first aircraft designed using cloud-based applications.  Elixir Aircraft will rely on Dassault Systèmes’ “Engineered to Fly” industry solution experience for the cloud-based design and engineering of its high-performing two-seater airplane, crafted to appeal to the passenger experience with a unique wing structure, comfort and gains in payload, safety and costs.  The aircraft’s first flight is expected to take place in mid-2016.  “Small companies face administrative and infrastructure challenges that require significant time and costs and can ultimately detract from achieving their primary business goal,” said Arthur Leopold-Leger, CEO, Elixir Aircraft.  “To create our first aircraft, we’ve chosen the Dassault Systèmes ‘Engineered to Fly’ cloud solution, not only because of the company’s legacy in the industry, but because it allows young businesses like ours to benefit from immediate deployment, ease of use, data

Wipro 's first quarter consolidated profit declined 3.7 percent sequentially to Rs 2,187.7 crore on lower other income and higher finance cost. However, quarterly revenue met street expectations. Revenue from IT services grew by 3 percent quarter-on-quarter to Rs 11,577 crore and dollar revenue increased by 1.1 percent to USD 1.79 billion. According to analysts polled by CNBC-TV18, revenue was estimated at Rs 11,331 crore and dollar revenue at USD 1.78 billion for the quarter. Dollar revenue growth in constant currency was 0.2 percent, which was within the company's guidance (0.5 percent degrowth to 1 percent growth over March quarter). On year-on-year basis, the growth was 8.1 percent. Dollar revenue growth was lower than its peers TCS (3.5 percent) and Infosys (4.4 percent) for the quarter. Wipro expects its IT services dollar revenue to be in range of USD 1.82-1.85 billion in July-September quarter of FY16, a growth of 1.5-3.5

Infor, the industry cloud company, today announced strong results for its fiscal 2015. Software license fees and subscriptions revenue increased 12 percent, with SaaS revenue up more than 60 percent in fiscal 2015, compared to the same period last year. SaaS bookings increased more than 300 percent as more than 45 million users now access Infor applications in the cloud in 96 different countries. "The growth Infor is experiencing marks an inflection point for the company, where the heavy investments we've made in cloud software that meets unique industry needs with an elegant user experience are paying dividends," said Charles Phillips, CEO of Infor. "Infor is well-positioned to accelerate growth as more companies eschew the monolithic era of legacy software vendors in favor of flexible, secure cloud applications with the last-mile functionality they need without the costly customization they don't." During fiscal 2015, Infor added approximately 2,900 new customers, including approximately 500

EMC Corp. said second-quarter profit fell 17% and the data-storage company further reduced its full-year outlook as spending slowed in the company's traditional storage business. Shares in EMC, down about 16% this year, fell 3.7% in premarket trading. The Hopkinton, Mass., company now expects to report $1.87 in per-share profit this year, down from its last estimate of $1.91 a share, on $25.2 billion in sales, lower than its earlier estimate of $25.7 billion. Analysts have been expecting $1.90 a share on $25.6 billion in revenue, according to FactSet. Chief Executive Joe Tucci, whose employment contract expired earlier this year, said that "while pleased" with growth of newer products, "we also saw customers become more conservative around refreshing their traditional infrastructures as they plan their IT transformations." Mr. Tucci also noted ongoing geopolitical factors in China and Russia. EMC is best known for large systems that use disk drives to store corporate data, but