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Items filtered by date: November 2024 - CIMdata
Centric Software, Inc., will open its first Asian office today in Shanghai. The office will be the fifth overseas location for Centric. Other offices are situated throughout Europe, in locations with large concentrations of consumer product brands and retailers. “Looking at the world market, China represents one of the biggest opportunities in the apparel and consumer products market, with both brands and retailers,” says Chris Groves, Centric’s president and CEO. “Centric has a tremendous amount to offer these companies as they grow and expand internationally. The time is now for PLM adoption, and specifically for adoption of flexible, configurable software like the Centric 8 PLM solution.” The announcement of the Shanghai office opening comes on the heels of Centric’s July 29 announcement of $24 million in growth capital as part of its Series D venture capital financing. One of the primary goals of the financing round was to help Centric expand its
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Delcam has released a new version of its DentMILL for Roland dental milling software tailored specifically for the production of crowns and bridges in zirconia, wax and PMMA on the Roland DXW-50 desktop machining system.  At the same time, Delcam has released a new related program, DentMILL for Roland Express, which supports the Roland DWX-4 machine. Both programs are based on the 2014 R2 release of Delcam’s extremely successful DentMILL milling software, with the addition of dedicated templates for the automated generation of machining procedures specifically for the Roland equipment, plus libraries of proven tooling and fixturing.  The key difference between them is that DentMILL for Roland supports both the five-axis and three-axis capabilities of the DWX-50, whereas DentMILL for Roland Express provides three-axis toolpaths for the DWX-4. DentMILL for Roland benefits from the many proven strengths of DentMILL.  These include a range of advanced strategies that offer smoother machining to give
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Daimler AG has officially certified solidThinking Inspire®, a product that enables design engineers to create and investigate structurally efficient concepts quickly and easily. With this certification, the tool becomes available to all design engineers at the customer as part of the Altair HyperWorks® computer-aided engineering software suite. Traditional structural simulations allow engineers to check if a design will support the required loads; solidThinking Inspire enhances this process by directly generating an optimal new material layout within a given design space using loads as an input. The automotive industry is continually striving for lighter and more structurally efficient designs to meet global emission regulations while improving product performance. With solidThinking Inspire, these goals can now be achieved during the initial conceptual design phase of a new component or system, since the tool supports a simulation driven design process. Furthermore, solidThinking Inspire helps design engineers follow the functional and resource-efficient design rules found
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Open Text Corporation announced today its financial results for the fourth quarter and fiscal year ended June 30, 2014, and the appointment of John Doolittle as Chief Financial Officer. Financial Highlights for Q4 FY14 (1) Total revenue was $494.0 million, up 42% Y/Y License revenue was $99.7 million, up 27% Y/Y Cloud services revenue was $148.9 million, up 255% Y/Y Customer support revenue was $183.9 million, up 12% Y/Y Non-GAAP-based EPS, diluted was $1.05 compared to $0.72 Y/Y, up 48%; GAAP-based EPS, diluted was $0.72 compared to $0.36 Y/Y up 100%, on a post stock-split basis.(2)   Non-GAAP-based income from operations was $162.2 million and 33% of revenues up 58% Y/Y; GAAP-based income from operations was $107.7 million and 22% of revenues, up 118% Y/Y.(2) Operating cash flow was $134.9 million, up 107%Y/Y, with an ending cash balance of $427.9 million. Financial Highlights for FY14 (1) Total revenue for the period was $1,624.7 million, up 19% Y/Y License revenue was $309.2 million, up 11% Y/Y Cloud services revenue was $361.1 million, up 108% Y/Y Customer support revenue was $707.0 million, up 7% Y/Y Non-GAAP-based EPS, diluted was $3.37 compared to $2.79 Y/Y, up 21%; GAAP-based EPS,
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Fujitsu today reported a profit for the first quarter attributable to owners of the parent of 6.8 billion yen (US$67 million), representing an improvement of 16.0 billion yen compared to the loss posted in the first quarter of fiscal 2013. From the first quarter of fiscal 2014, the Fujitsu Group has adopted International Financial Reporting Standards (IFRS). In addition, consolidated financial statements for the previous fiscal year's first quarter and for the full 2013 fiscal year are presented in accordance with IFRS. Consolidated revenue for the first quarter of fiscal 2014 amounted to 1,068.6 billion yen (US$10,580 million), an increase of 6.9% from the first quarter of fiscal 2013. Revenue in Japan increased 8.1%. Revenue from mobile phones and PCs rose significantly, and revenue from system integration services also increased, primarily from the public sector and financial services sector. Outside of Japan, revenue rose 5.3%, but was essentially unchanged on a constant-currency
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Cimatron Limited announced today that it will be releasing its second quarter financial results on Wednesday, August 13th, 2014, before the US markets open. Cimatron's management will host a conference call that same day, at 9:00am EDT, 16:00 Israel time. On the call, management will review and discuss the results, and will also be available to answer questions by investors. To participate, please call one of the following teleconferencing numbers. Please begin placing your call at least 5 minutes before the conference call commences. USA: +1-866-860-9642 International: +972-3-9180664 Israel: 03-9180664 For those unable to listen to the live call, a recording of the call will be available from the day after the call under the investor relations section of Cimatron's website, at: www.cimatron.com.
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3D Systems Corporation announced today that its second quarter revenue grew $30.7 million, or 25%, from the prior year to $151.5 million on strong demand for its design and manufacturing printers, materials and services, resulting in second quarter GAAP earnings of $0.02 per share and non-GAAP earnings of $0.16 per share. Organic growth amounted to 10% as additional orders-in-hand, including $23.1 million of printer orders, a 29% sequential increase over the March backlog for printers, expanded the company’s second quarter total backlog to a record $31.9 million. “We are pleased that unit sales of our design and manufacturing printers increased 126% and helped fuel a 30% increase in materials revenue. We believe that the record order book that we exited the quarter with reflects the vibrancy of our business and our organic growth trajectory,” said Avi Reichental, 3DS’ President and Chief Executive Officer. Second Quarter 2014 Revenue Highlights (compared to second quarter 2013): Design
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Flow Science has announced the speakers for its 2014 FLOW-3D Americas Users Conference, to be held on September 9-10 at the Courtyard Marriott Downtown Toronto, in Toronto, ON, Canada. FLOW-3D users, from both the commercial sector and research arena, will present and discuss their work, including topics such as modeling bioreactors, simulating erosion control, predicting dam break failure and solving manufacturing issues using CFD software. A diverse lineup of speakers includes GM Corp, Ontario Power Generation, Tetra Tech, W.F. Baird & Associates, KODACO and a variety of leading research institutions. Go here for a full list of speakers and their topics. This year’s conference will begin with a general session featuring comprehensive development talks for both the FLOW-3D solver and graphical users interface, presented by Michael Barkhudarov, VP of R&D and John Ditter, VP of Software Engineering at Flow Science. In addition, a special development talk will focus on the advanced meshing
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FISHER UNITECH will host a technical counsel on the advancement of 3D printing on Tuesday, August 12, 2014 at 10:00 AM at Automation Alley, located at 2675 Bellingham Dr. in Troy, MI. FISHER UNITECH has partnered with Stratasys Corp. and Automation Alley to deliver a riveting update on the ground-breaking improvements in additive manufacturing, including both PolyJet and Fused Deposition Modeling (FDM) technologies.  Attendees can expect to hear from industry experts on how 3D printing has revolutionized manufacturing and receive free advanced training. The FISHER UNITECH rapid technology team will present on several new ways that 3D printing is being used in tooling and industrial automation including injection molding and metal casting applications. Guest speaker Michael Wegman from Stratasys Corp. will give attendees insight on the Stratasys business strategy and advances in materials science that are driving new uses for additive manufacturing.  "3D printing is entering an exciting new phase for manufacturing due to advances in our build envelopes and new materials.
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At no cost, and zero risk, manufacturers can now take Edgecam Workflow for a free TestDrive before deciding if an innovative CAM system can improve their business processes. “CAM is a vital part of companies staying competitive nowadays,” says Edgecam General Manager Raf Lobato. “It enables manufacturers to produce complex components with very tight lead times. However, a number of engineering firms still rely on manual or first generation CAM systems for programming, and are falling behind their global competitors.” “This is mainly because they do not want to invest in something that they are unsure of or risk changing an existing system.” But thanks to Edgecam Workflow, from Vero Software, they can now evaluate the use of Edgecam Workflow by downloading a trial version from www.edgecam.com/testdrive. Edgecam TestDrive gives manufacturers who are new to CAM or considering their future CAM requirements the opportunity to thoroughly test whether it makes a difference and
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