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Items filtered by date: November 2024 - CIMdata
Lantek, a global leader in software solutions for the sheet metal industry, and ZINSER, a renowned German manufacturer of state-of-the-art sheet metal and pipe cutting systems, have jointly developed an innovative solution that revolutionizes bevel cutting in pre-cut parts. This collaboration allows customers to improve precision without interrupting production, achieving greater efficiency and higher-quality finishes. Uninterrupted bevel cutting: a new production approach Traditionally, bevel cutting was performed within the nesting process, often causing issues such as collisions, cutting inaccuracies, or production slowdowns. The industry is now shifting towards a more efficient approach: first, parts are cut on a high-production machine, and then those requiring bevels are transferred to a dedicated bevel-cutting machine. This approach, increasingly adopted by European machine manufacturers, reduces downtime in the main cutting process while improving control over bevelling operations. At the core of this solution is ZINSER’s sophisticated part recognition system. Their machines use advanced measurement technologies (such as optical cameras, contact sensors,
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Science Applications International Corp., a premier mission integrator driving our nation's digital transformation across the defense, space, civilian and intelligence markets, is pleased to announce the appointment of Kathleen McCarthy as the company’s new Executive Vice President and Chief Human Resources Officer, effective May 12, 2025. In this role, McCarthy will report directly to Chief Executive Officer Toni Townes-Whitley and will spearhead all human resources initiatives, employee engagement strategies and talent acquisition operations at SAIC. She will focus on evolving the workforce strategy to deliver the brightest talent, with the highest capabilities to our government customers to help them achieve their missions. “Kathleen brings a great depth of experience in cultivating and inspiring exceptional talent which is pivotal in driving both substantial business value and innovation,” said Toni Townes-Whitley, CEO of SAIC. “Her proven track record of leadership and strategic foresight position her well to further enhance our employee engagement initiatives and
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Trimble® announced that Waukesha-Pearce Industries, LLC. (WPI) is the newest construction equipment dealer to become a Trimble Technology Outlet. WPI will now sell Trimble aftermarket grade control technology to customers using Komatsu and Yanmar earthmoving equipment, including dozers, excavators, mini-excavators, motor graders and compact track loaders. Trimble technology from WPI includes the Trimble Works Subscription, which provides an easy entry-point, predictable monthly payment, upgrade flexibility, software and firmware maintenance and more. Trimble Technology Outlets are a new and important part of Trimble's evolved civil construction distribution strategy. By adding authorized resellers representing a wide variety of manufacturers to the Trimble distribution channel, it becomes easier for users of all machine types to purchase, install and utilize Trimble technology for improved jobsite productivity and profitability. WPI is dedicated to providing customers with essential technology for their earthmoving equipment. Emerging Opportunities for WPI Customers"WPI has been evolving to provide its customers with the most innovative solutions in the
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Despite challenging economic conditions, CENIT AG recorded solid growth in 2024. Group sales increased by 12.2% year-on-year to EUR 207.3 million, exceeding the original forecast. Organic growth also developed positively: excluding the most recent acquisitions - CCE and Analysis Prime - sales increased by 5.2%. The software licenses segment recorded a strong increase of EUR 12.4 million to EUR 121.9 million, while revenue from service sales increased by 14.7%. The acquisitions made in 2024 not only strengthen the market position in the DACH region but also form an important basis for further growth in North America. Results in detail CENIT group generated sales revenue of EUR k 207,333 in the 2024 fiscal year (prior year: EUR k 184,720/+12.2%). Sales of CENIT's proprietary software increased by 14.8% to EUR k 19,271 compared to EUR k 16,788 in the prior year. Sales revenues in the CENIT consulting and services area amounted to EUR k
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Informatica, an AI-powered enterprise cloud data management leader, announced it will report financial results for the first quarter 2025, which ended March 31, 2025, following the close of the U.S. markets on Wednesday, May 7, 2025. Informatica will hold a conference call on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its quarterly financial results. The conference call can be accessed by dialing (833) 470-1428 from the United States or (404) 975-4839 internationally with access code 203129. A live webcast and replay of the conference call and earnings presentation materials will be available on the investor relations page of Informatica's company website at https://investors.informatica.com. To view the original press release, please click here. Search for Informatica on CIMdata.com
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PROS®, a leading provider of AI-powered SaaS pricing and selling solutions, will release its financial results for the first quarter 2025 ended March 31, 2025, after the U.S. financial markets close on Thursday, May 1, 2025. PROS Holdings, Inc. will host a conference call on Thursday, May 1, 2025, at 4:45 p.m. ET to discuss the company’s financial results and business outlook. To access this call, dial 1-877-407-9039 (toll-free) or 1-201-689-8470. The live and archived webcasts of this call can be accessed under the “Investor Relations” section of the Company’s website at www.pros.com. A telephone replay will be available until Thursday, May 8, 2025, at 11:59 PM ET at 1-844-512-2921 (toll-free) or 1-412-317-6671 using the pass code 13752501. To view the original press release, please click here. Search for PROS Holdings on CIMdata.com
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Tata Consultancy Services reported its consolidated financial results according to Ind AS and IFRS, for the quarter and full year ending March 31, 2025. FY 2024-25: Annual Highlights Q4 FY 2025: Quarterly Highlights Client metrics: 64 clients in the $100 Mn+ band (+2 YoY) Employee Metrics: Employee Headcount: 607,979 152 nationalities; 35.2% women IT Services Attrition (LTM): 13.3% Talent Development: 56 million Learning Hours 5.2 million Competencies Acquired Free Cash Flow: $5.49 Bn Shareholder payout of $5.26 Bn in the form of dividends Revenue at $7.47 Bn, +1.4% YoY (CC: 2.5%) Growth led by Regional Markets (+22.5%), ERU (4.6%), and BFSI (+2.5%) YoY Operating Margin: 24.2% Net Margin: 19.0% Strong Cash conversion: Operating Cash Flow 125.1% of Net Income Record Q4 TCV at $12.2 billion, Book-to-bill ratio of 1.6 Final Dividend (proposed): ₹30 per share, to be approved at the Annual General Meeting K Krithivasan, Chief Executive Officer and Managing Director, said “We are pleased to cross the $30 Billion in annual revenues and achieve a strong order book for the second consecutive quarter. Our expertise in AI and Digital Innovation, coupled with the unmatched knowledge of customer context and global scale makes us the pillar of support for our customers in this environment
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CIMdata’s Peter Bilello published an article for engineering.com going back to the basics of PLM. Peter says, “A common thread across all these articles is the importance of collaboration and innovation. PLM supports these vital enterprise processes as no other technology can do. Without a well-defined PLM strategy and associated enabling technologies, the gathering and management of data, insights, and inspiration is never reliable. Only PLM-enabled collaboration and innovation can ensure the long-term sustainability of an enterprise.” Read the full article here: https://www.engineering.com/understanding-plm-who-uses-it-why-they-use-it-and-its-challenges/ To view the original press release, please click here. Search for Peter Bilello on CIMdata.com
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Cadence will hold its first quarter 2025 financial results webcast on Monday, April 28, 2025. Participating in the webcast will be Dr. Anirudh Devgan, president and chief executive officer, and John Wall, senior vice president and chief financial officer. The webcast will begin Monday, April 28, 2025 at 2:00 p.m. Pacific Time. An archive of the webcast will be available online from 5:00 p.m. Pacific Time on April 28, 2025 until 5:00 p.m. Pacific Time on Monday, June 16, 2025 at cadence.com/cadence/investor_relations. To view the original press release, please click here. Search for Cadence Design Systems on CIMdata.com
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Hexagon will release its Interim Report for the first quarter 2025 on Wednesday, 30 April, at approximately 08:00 CET. Interim President and CEO Norbert Hanke will host a live webcast and telephone conference at 10:00 CET. Webcast: The webcast will be streamed here. Telephone conference: Anyone interested in participating in the Q&A session following the first quarter Interim Report presentation must register here. Upon registering, each participant will be provided with a personal PIN and dial in information via email. Access to the telephone conference will be available 10 minutes prior to call start time. All presentation material will also be available for on-demand viewing on the Company’s website. To view the original press release, please click here. Search for Hexagon on CIMdata.com
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