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Items filtered by date: November 2024 - CIMdata
DesignSense announced that their innovative press tool design product DSTools has achieved “Solution Partner” status from SOLIDWORKS Corp. Fully integrated with SOLIDWORKS™ in a single window, DSTools lets the tool designers to generate a fool proof die set design, and Manufacturing Bill of Materials in few design inputs by the Tool designer. The product DSTools has embedded the knowledge base of an experienced tool designer, and tight integration with SOLIDWORKS™ thereby making it easy for designers to focus on component specific design. Mr. Nainar Ramaswamy, managing director of DesignSense said, “Our mission is to make our customers successful by reducing cost and complexity of engineering. DSTools achieves that for tool designers. This recognition by SOLIDWORKS Corp augments well for our solutions, reaching out to a large customer base of SOLIDWORKS™.” Used along with SOLIDWORKS™, DSTools generates die sets based on basic parameters of a strip layout, material and production rate, using proprietary algorithms, DSTools generates
Published in Newsletter Articles
3D Systems announced today that it has completed its acquisition of all shares of Cimatron Ltd. for approximately $97 million, inclusive of Cimatron’s net cash. The integration of Cimatron’s software products into the company’s portfolio strengthens 3DS’ leadership position in 3D-printing-centric advanced manufacturing by enabling a seamless digital workflow between design and traditional and additive manufacturing processes. The transaction adds complementary technology, extends 3DS’ sales coverage globally, multiplexes cross-selling opportunities and is expected to be accretive to the company’s cash generation and Non-GAAP earnings per share for the full year 2015. “Cimatron represents a perfect strategic fit for our business by providing expanded capabilities in product development, sales coverage and complementary technology. We believe that this combination offers unique synergies with significant long-term customer benefits and shareholder value,” commented Avi Reichental, President and CEO of 3DS. “We are delighted to welcome Danny Haran and his entire global team to 3DS as
Published in Newsletter Articles
 PDF Key takeaways: About 25% of all Enterprise IT applications support product development, a far greater number than traditional CAD and PDM applications where organizations typically focus their IT efforts Industry segments such as automotive, aerospace, high tech & telecom, and industrial machinery all have unique challenges, and all have legacy systems such as mainframe, in-house, and commercial-off-the-shelf (COTS) applications, as well as suboptimal information flows embedded within their business processes TCS’ Product Development Information Technology (PDIT) transformation offering guides customers along a maturity path using a flexible framework that results in reduced operations and product development costs, shortened time to market, and improved product quality Cost reductions obtained along the PDIT maturity path are used to reinvest on tactical and strategic initiatives Product Development Complexity Product development is complex in any company, especially for multi-site global manufacturing companies. Effective and efficient transformation of an idea into a product or service and bringing it to market requires
Published in Commentaries
Lectra is pleased to announce that Johnson Controls has reaffirmed its confidence in Lectra by extending their global partnership agreement for an additional three years. To preserve and strengthen its position as a market leader, Johnson Controls will acquire all of its high ply fabric cutting equipment and related services exclusively from Lectra. Johnson Controls is the world’s largest complete automotive seating supplier, providing innovative, stylish seating systems to vehicle manufacturers worldwide. The company supplies over 50 million cars every year from 220 production plants worldwide. During the first 10 years of the agreement, Lectra supported Johnson Controls in transforming their automotive trim cutting rooms worldwide, as they abandoned traditional die presses in favor of more flexible automated cutting. The company now has more than 180 Vector® solutions installed worldwide. Johnson Controls’ adoption of the Vector solution—ideal for high-volume cutting of a wide variety of automotive seat materials—and the resulting increase in
Published in Newsletter Articles
Synopsys, Inc. announced it will report results for the first quarter fiscal year 2015 on Wednesday, Feb. 18, 2015, after the market close.  A conference call to review the results will begin at 2:00 p.m. PT (5:00 p.m. ET) and will be hosted by Aart de Geus, chairman and co-chief executive officer, and Trac Pham, chief financial officer. Financial and other statistical information to be discussed on this conference call will be available on the corporate website athttp://www.synopsys.com, immediately before the call.  A live webcast will also be available on this site.  Participants should access the live webcast at least 10 minutes prior to the start of the call.  A webcast replay can be accessed on the corporate website beginning Wednesday, Feb. 18, 2015, at approximately 4:00 p.m. PT.  The replay will remain available until Synopsys announces its second quarter fiscal year 2015 results in May 2015.  In addition, a dial-up replay of the conference call will be available
Published in Newsletter Articles
Cadence Design Systems, Inc. announced results for the fourth quarter and fiscal year 2014.  Cadence reported fourth quarter 2014 revenue of $423 million, compared to revenue of $377 million reported for the same period in 2013. On a GAAP basis, Cadence recognized net income of $65 million, or $0.21 per share on a diluted basis, in the fourth quarter of 2014, compared to net income of $38 million, or $0.13 per share on a diluted basis, for the same period in 2013. Revenue for 2014 totaled $1.581 billion, compared to revenue of $1.460 billion for 2013. Net income for 2014 was $159 million, or $0.52 per share on a diluted basis, compared to net income of $164 million, or $0.56 per share on a diluted basis, for 2013.  Using the non-GAAP measure defined below, net income in the fourth quarter of 2014 was $84 million, or $0.27 per share on a diluted
Published in Newsletter Articles
Visitors to the Radan stand at the UK’s Southern Manufacturing Exhibition will see how the 2015 release of the sheet metal software combines all aspects of it for the first time. A number of the 180 enhancements in Radan 2015 help bring all aspects of the software together – CAD/CAM, Radbend, Radm-ax, Radtube and the logistics products. “When people think of Radan they think of the world’s most powerful sheetmetal CAD/CAM software,” says Product Manager Olaf Körner. “But Radan is actually a whole suite of connected products. “For example, there is a major connection between 3D in CAD/CAM and the Radbend press brake software. When manufacturers unfold a model they need to know how the bend process will be affected further down the production line.” This is aided by strengthened 3D translation procedures, which he says import information more consistently. The routines for automatically calculating the thickness of imported parts have also been
Published in Newsletter Articles
3D Systems announced that it will be showcasing how its design-to-manufacturing digital thread increases productivity and expands possibilities for designers, engineers and inventors at SolidWorks World 2015, February 8-11 at the Phoenix Convention center, Phoenix, AZ, booth 717. Featuring a full range of its latest 3D printing, software and scanning technologies, 3DS will demonstrate the power, versatility and seamless integration of its 3D design and digital fabrication solutions, and welcomes visitors to experience them first hand. 3DS’ advanced technologies on display include Direct Metal Printing (DMP), Stereolithography (SLA), Micro-SLA, Plastic Jet Printing (PJP), Multi-material 3D printing, integrated 3D software and scanning, and its TouchTM haptic 3D stylus. 3DS’ integrated portfolio of design-to-manufacturing solutions continues to meet the demands of engineers in aerospace, automotive, medical device design, industrial design, consumer goods, heavy equipment, jewelry design, dental, medical and more. “We are excited to showcase the most advanced generation of design-to-manufacturing technologies available in the market,”
Published in Newsletter Articles
Tata Consultancy Services (TCS), announced the relaunch of its TCS Graduate Program in Australia. This graduate recruitment initiative creates new tech-sector job opportunities for Australian graduates that have been selected from a number of leading universities. To mark the occasion, TCS announced that its 2015 inductees will participate in a comprehensive 3-month training program in Australia and India commencing on the 31st January. Deborah Hadwen, CEO, TCS Australia and New Zealand said, “The TCS Graduate Program 2015 provides a structured training environment for the team. We are looking at the next generation of leaders in this bright, talented group. Australia has a need to develop talent in Science, Technology, Engineering and Mathematical (STEM) fields, and TCS is committed to creating work opportunities for graduates, with the long-term goal to grow globally-integrated executives that have the right skills and capabilities that will assist Australia to remain competitive.” Over 300 IT graduates applied to the TCS Graduate
Published in Newsletter Articles
The FORAN System celebrates half a century in 2015. With 50 years of active service, FORAN is the longest standing CAD/CAM/CAE software on the market and a technological asset for the engineering and technology group SENER, which has placed its trust in this project throughout its history as a hallmark of its identity. To commemorate this anniversary, SENER will host an event in Spain with the presence of FORAN customers worldwide. FORAN, an acronym of FORmas ANalíticas (ANalytic FORms), is a complete CAD software for the design, construction and engineering of all kinds of ships and marine units. FORAN allows for the efficient creation of a complete and detail 3D virtual model of the vessel, from which it is possible to automatically obtain all the information needed for its manufacture and assembly. In addition, this 3D model can be reused as a data source for other tools, such as Product Lifecycle Management (PLM), procurement management or planning applications. Currently, FORAN is
Published in Newsletter Articles
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