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Items filtered by date: November 2024 - CIMdata
MongoDB, Inc. announced the appointment of Mike Berry as Chief Financial Officer, effective May 27, 2025. Berry will lead MongoDB's accounting, FP&A, treasury and investor relations efforts and partner with other senior leaders to set and deliver on the company's long-term strategic and financial objectives. Berry joins MongoDB from NetApp, where he served as CFO for the past five years. A seven-time CFO, Berry previously held that role at McAfee, FireEye, Informatica, IO, Solarwinds, and i2 Technologies. Berry brings to MongoDB over 30 years of experience, a wealth of experience in the technology and software industry, and a proven track record of driving profitable growth. "Mike's unique combination of strategic, operational, and financial expertise makes him a key addition to the MongoDB leadership team," said Dev Ittycheria, President and CEO of MongoDB. "His industry expertise and proven ability to drive efficient growth aligns perfectly with our vision for the future. This is
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The Nemetschek Group, a global leader in digital solutions for the Architecture, Engineering, Construction and Operations (AEC/O) and media industries, announced a significant partnership with Google Cloud to accelerate AI-driven innovation, expand into new markets, and enhance digital workflows across its portfolio. Through this collaboration, Nemetschek will leverage Google Cloud’s advanced AI and cloud technologies at a group level and across its portfolio, reinforcing the commitment to innovation and collaboration. The partnership will further accelerate Nemetschek’s growth into new markets, such as Saudi Arabia and India, while reinforcing its presence in Europe, the USA, and APAC. “Our partnership with Google Cloud marks a pivotal moment in our mission to redefine how digital solutions drive efficiency, collaboration, and sustainability in the AEC/O industry,” said Charlie Timmermann, Group VP of Strategic Alliances at the Nemetschek Group. “The best innovations often emerge through partnerships. Growing alongside Google Cloud further strengthens Nemetschek as a leader in the digital transformation of
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Siemens Digital Industries Software, in collaboration with Sony, has held the first Immersive Design Challenge with the aim of empowering today’s students with the tools and skill set needed for their role in the workforce of tomorrow. The challenge saw 900 participants, representing 230+ universities from 38 countries, to create impactful ideas, develop their digital mindset and digital skill set – and to learn more about how sustainable design principles can be combined with immersive engineering technology to imagine the future. “We’ve had an incredible global response to our first immersive design challenge,” said Dora Smith, senior director, Future Workforce and Academic Strategy, Siemens Digital Industries Software. “Students from around the world leveraged our microcredentials to master new domains. They brought creativity and critical thinking to develop sustainable solutions, addressing wicked challenges in food scarcity, healthcare and battery lifecycle management. The experience the teams have gained during the challenge helps prepare
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Velo3D, Inc., a leading metal additive manufacturing technology company for mission-critical parts, announced that Retired Navy Rear Admiral Jason Lloyd and Kenneth Thieneman, CEO of Thieneman Construction, Inc, have been appointed to the Company's Board of Directors (the "Board") effective April 24, 2025. On April 22, 2025, Brad Kreger, Velo3D's Chief Operating Officer and Michael Idelchik have resigned from the Board. "We are excited to welcome Jason and Ken to our Board," said Arun Jeldi, CEO of Velo3D. "Jason's experience in maritime engineering and design as well as his recognized leadership in the United States Navy will prove invaluable as we further expand our defense industry efforts while Ken's operational and financial skill set as CEO of Thieneman Construction will be critical as we continue to execute on our new go-to-market growth strategy. Finally, I would like to thank Brad and Michael for their dedication and service to Velo3D over the
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Cadence announced results for the first quarter of 2025. First Quarter 2025 Financial Results Revenue of $1.242 billion, compared to revenue of $1.009 billion in Q1 2024 GAAP operating margin of 29.1%, compared to 24.8% in Q1 2024 Non-GAAP operating margin of 41.7%, compared to 37.8% in Q1 2024 GAAP diluted net income per share of $1.00, compared to $0.91 in Q1 2024 Non-GAAP diluted net income per share of $1.57, compared to $1.17 in Q1 2024 Quarter-end backlog was $6.4 billion and current remaining performance obligations ("cRPO"), contract revenue expected to be recognized as revenue in the next 12 months, was $3.2 billion “Cadence delivered excellent results for the first quarter of 2025 with robust ongoing customer demand for our innovative technologies driving 23% revenue growth and 34% non-GAAP EPS growth year-over-year,” said Anirudh Devgan, president and chief executive officer. “We haven't seen any change in customers' behavior at this time, as they continue investing in R&D
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IFS, the leading provider of enterprise cloud and Industrial AI software, announces strong growth for the first quarter of 2025, ending March 31, 2025. Buoyed by increasing customer adoption and the transformative impact of IFS.ai, IFS’s market value now exceeds EUR 15 billion. IFS Q1 2025 Key Financial Results: Annual Recurring Revenue increased by 30% YoY Cloud Revenue increased by 39% YoY Recurring Revenue share at 82%, increased by 24% YoY Validation of IFS’s strategy has never been stronger, with IFS’s existing shareholders extending their commitment and new minority shareholders investing in the business. This will enable IFS to accelerate faster and capture more of the growing opportunity that Industrial AI presents. Customer demand for IFS’s industrial application of generative and agentic AI is soaring, thanks to the ease of which IFS.ai can be adopted and deployed, as well as the rapid value it delivers. IFS customers are not simply piloting AI, they are operationalizing it
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Dassault Systèmes and Airbus have extended their long-term strategic partnership, putting the 3DEXPERIENCE platform at the heart of lifecycle management of all new Airbus programs for civil and military aircraft and helicopters. This deployment will support the entire development chain for all Airbus civil and military aircraft and helicopters. More than 20,000 users from every business area, as well as Airbus suppliers, will be able to collaborate more effectively and use virtual twins - on premise or on a sovereign cloud - to shorten development cycles, anticipate and improve production efficiency, and enhance aftersales support - all while reducing costs. “Digitalization is a key enabler that we are leveraging to support our core priorities, whether it is ramping up the production of our commercial aircraft, preparing the next generation of platforms that will further contribute to the decarbonization of our sector, or pioneering the defense and security solutions of tomorrow," said Guillaume
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Centric Software® is pleased to announce that emma & noah has selected Centric PLM™ to power efficiency and drive sustainable growth. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such as fashion, outdoor, luxury, footwear, outdoor, home and related goods like cosmetics & personal care as well as multi-category retail to achieve strategic and operational digital transformation goals. Founded in Düsseldorf in 2018 with the foundational principle of sustainable quality, emma & noah offers a huge range of baby products for the new generation of parents. It is a direct-to-consumer brand creating durable products of timeless design, with its main categories of sleeping bags, sleepwear and woolen outdoor products. Its customers are based in Germany, Switzerland and Austria, with majority of sales through its online store, followed by popular bricks and mortar retailers, as well as e-commerce marketplaces. Like many
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PROS®, a leading provider of AI-powered SaaS pricing and selling solutions, announced that it will host an Investor Q&A Session at Outperform with PROS 2025, its annual user conference. The Investor Session will be hosted in person at The Cosmopolitan in Las Vegas, NV on Wednesday, May 14, 2025, from 7:15 AM PT to 8:15 AM PT. The session will feature a live Q&A with members of the PROS executive management team. Investors and financial analysts may register to attend the Investor Session in person, along with the rest of the conference, on the Outperform website. Outperform with PROS is one of the preeminent AI conferences in the world. Starting on May 12, the 2025 conference kicks off three days of immersive sessions, in-depth thought leadership and strategies for using AI to drive business forward. For those who cannot attend in person, pre-register to attend the live Investor Session virtually. Following the event, an archived webcast replay
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Rockwell Automation, Inc. Vice President, Investor Relations and Market Strategy, Aijana Zellner, will present virtually at Oppenheimer 20th Annual Industrial Growth Conference on Thursday, May 8, 2025. The fireside chat will be webcast beginning at approximately 2:15 p.m. EDT and will be available on the Rockwell Automation Investor Relations website at www.rockwellautomation.com/en-us/investors.html. To view the original press release, please click here. Search for Rockwell Automation on CIMdata.com
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