Cimdata Logo

Items filtered by date: November 2024 - CIMdata
Sandvik has signed an agreement to acquire Verisurf Software, Inc. (Verisurf), a US-based 3D metrology software solutions provider. Verisurf will complement and enhance Sandvik’s position in industrial metrology and strengthen the combined digital manufacturing offering to small and mid-sized manufacturers (SMEs). The company will be reported as a separate business unit within business area Sandvik Manufacturing and Machining Solutions. Verisurf is principally active in the North American market. The company serves a diverse customer base of around 1,500 companies — SMEs as well as larger customers — with exposure in segments such as aerospace and defense. Verisurf offers modular-based easy-to-use software solutions for quality inspection, assembly guidance, and reverse engineering, that are built on the Mastercam Design (CAD) platform. “Verisurf will strengthen our metrology offering and ability to support the growing customer demand for precision measurement and quality assurance in manufacturing. The acquisition fits very well with our strategy to grow in
Published in Newsletter Articles
Oracle Corporation announced fiscal 2025 Q3 results. Total Remaining Performance Obligations were up 62% year-over-year in USD, and up 63% in constant currency, to $130 billion. Total quarterly revenues were up 6% year-over-year in USD, and up 8% in constant currency, to $14.1 billion. Cloud services and license support revenues were up 10% year-over-year in USD, and up 12% in constant currency, to $11.0 billion. Cloud license and on-premise license revenues were down 10% in USD and down 8% in constant currency, to $1.1 billion. Q3 GAAP operating income was $4.4 billion. Non-GAAP operating income was $6.2 billion, up 7% in USD, and up 9% in constant currency. GAAP operating margin was 31%, and non-GAAP operating margin was 44%. GAAP net income was $2.9 billion, up 22% in USD, and up 27% in constant currency. Non-GAAP net income was $4.2 billion, up 6% in USD, and up 9% in constant currency.
Published in Newsletter Articles
Axiom Space has selected software from the Siemens Xcelerator portfolio to enhance the development processes for building era-defining space infrastructure. Siemens’ software will help Axiom Space to optimize the critical work on its next-generation commercial space station and spacesuit programs. “After an extensive selection process, we chose to work with Siemens to enable Axiom Space to refine our workflows and simplify complex processes, connecting the dots between design, manufacturing, analysis, and operational phases,” said Dave Romero, Axiom Station Program Manager, Axiom Space. “Using Siemens’ software, we can test and simulate our designs before we build them, allowing us to progress with more agility and increased flexibility.” Using the Siemens Xcelerator portfolio will empower Axiom Space to enhance its efficiency, reduce costs, and streamline manufacturing, testing, tracking and fielding processes, advancing development of both Axiom Station and the Axiom Extravehicular Mobility Unit (AxEMU). This software solution makes it possible for Axiom Space to create digital threads and
Published in Newsletter Articles
Bamboo Rose announced plans for Wakefern Food Corp. to adopt its TotalPLM™ product development and supply chain platform. This new collaboration represents an expansion of Bamboo Rose’s work with the supermarket cooperative and is designed to enhance the development of Wakefern’s popular Own Brand offerings across its 365+ stores. By utilizing Bamboo Rose TotalPLM for product development, sourcing, and supplier relationship management, Wakefern aims to drive top-line revenue growth, expand its Own Brand penetration, and maximize product launch success while reducing costs. “At Wakefern, we are committed to delivering the best products to our customers,” said Pam Ofri, Director of Own Brands at Wakefern Food Corp. “Working with Bamboo Rose enables us to streamline product development, improve supplier collaboration, and speed up time to market for our value driven, award-winning line of store brands that includes Bowl & Basket, Wholesome Pantry, and Paperbird. We’re excited to see the positive impact this new technology will have on our customers, brands, and
Published in Newsletter Articles
IFS, the leading enterprise cloud and Industrial AI software provider, today announced Bergene Holm, a major Norwegian producer of wood-based construction products, is set to implement IFS Cloud to strengthen core business areas including production, logistics, and financial management. An IFS customer since 2011, Bergene Holm chose to upgrade to IFS Cloud to ensure continuous access to the latest features and updates, enabling the company to handle the rapidly evolving technological landscape. The company will leverage the platform’s improved integration capabilities, user-friendly customizable interfaces, and powerful automation functionality. This migration will enable the company to quickly adapt processes and workflows in response to changing business demands, efficiently adjust its production schedules, respond to market fluctuations, and optimize resource allocation in real-time. IFS Cloud’s ability to track materials and products throughout the supply chain from sourcing to end use was critical to the decision, supporting Bergene Holm’s commitment to ensuring sustainability, traceability, and
Published in Newsletter Articles
Centric Software® is pleased to announce that H&H Group has selected Centric PLM™ to drive efficiency and streamline growth. Centric Software provides the most innovative enterprise solutions to plan, formulate, develop, procure, manufacture and sell consumer goods products in cosmetics & personal care, food & beverage, fashion and multi-category retail to achieve strategic and operational digital transformation goals. Founded in 1999, H&H Group was listed on the Hong Kong Stock Exchange’s Main Board in December 2010. The Group’s core businesses focus on three key areas: infant nutrition and care (BNC), adult natural health nutrition and care (ANC) and pet nutrition and care (PNC). With a strong commitment to creating differentiated, high-quality products and building desirable brands, H&H Group aims to become a leader in the global premium nutrition and health industry. H&H Group’s portfolio includes seven powerhouse brands: Biostime, a global leader in maternal and infant nutrition, Swisse, the Australian natural health brand,
Published in Newsletter Articles
Plex by Rockwell Automation, a leader in cloud-delivered smart manufacturing solutions, announced multi-specialist supplier, Lisi Automotive, has chosen the Plex Smart Manufacturing Platform to digitally transform and streamline operations at its Shanghai-based facility. Lisi Automotive’s selection of Plex Enterprise Resource Planning (ERP) will connect the factory from the front office to the shop floor, offering unprecedented insight into data and production. The selection of Plex ERP signaled a larger commitment by Lisi Automotive to digitizing its operations at a global level—the company previously deployed Plex at facilities in the United States and Mexico. At its Shanghai factory, the team is hopeful Plex ERP will provide: Automated and digitized workflows Greater accuracy and product traceability Streamlined operations connecting people, suppliers, and customers Financial consolidation and reporting Increased production and inventory insight The Shanghai facility officially migrated to Plex in early January and spent the months leading up to their go-live date preparing staff members for the transition. Their change management included a variety of
Published in Newsletter Articles
Rockwell Automation, Inc., the world's largest company dedicated to industrial automation and digital transformation, announced that global precision-auto parts maker HI- LEX is deploying the Plex enterprise resource planning (ERP) system across all its sites in the northwestern hemisphere. HI-LEX manufactures mechanisms for operating vehicle windows, doors and hatches. Used by some of the world's biggest auto-brands, these precision parts must be made and delivered just-in-time, across complex, international supply chains including Europe, the United States and Mexico. To maintain peak efficiency and cost effectiveness, the company must always have total, real-time inventory visibility. As part of its efforts to maintain peak supply-chain efficiency, and high customer satisfaction, HI- LEX has streamlined manufacturing operations with Plex ERP. Using the platform’s advanced resource planning capabilities and seamless connectivity, the company now has a far more precise, detailed and holistic view of stock levels and material needs, updated in real time. By enabling the company to improve
Published in Newsletter Articles
TrimbleⓇ and Daimler Truck North America (DTNA) have announced the integration of Trimble Road Call, a vehicle breakdown module within the Trimble TMT Fleet Maintenance™ solution, with Freightliner Service Tracker. Launched at the Technology & Maintenance Council's Annual Meeting and Transportation Technology Exhibition, the integration aims to simplify the increasingly complex repair process for commercial fleets. Industry averages suggest 2.5% to 5% of a single fleet is in the shop for repairs on a given day. Repair and maintenance costs grew by 3.1% in the last year while parts and labor continue to rise. As original equipment manufacturers (OEMs) and service providers introduce multiple software solutions to the market, maintenance managers face numerous options for vehicle repairs. This often requires navigating different systems with various login credentials, leading to duplicate workflows and inefficiencies. A single repair can take 3 to 5 days to complete and is often prolonged if communications aren't digital. By offering a single
Published in Newsletter Articles
CGS Immersive™, the leader in enterprise learning that is modernizing training and development with AI and XR technologies, introduced Cicero™, a hyper realistic roleplay application for upskilling workforces. Using AI-powered interactions, Cicero facilitates immersive roleplay using lifelike personas and real-time feedback in scenarios so realistic, it helps trainees to master the unexpected things that happen in real-life interactions with customers and other business contacts.  The need for innovative learning and development programs has never been more urgent as technology is disrupting the regular course of business and workplace interactions. In fact, the gap in employee soft skills costs the U.S. economy $160B annually1. Cicero helps employees develop skills and enhances job performance by unlocking the power of roleplay, practice, personalized guidance, and feedback. "The increasing demand for immersive training solutions highlights the importance of platforms that blend AI and extended reality (XR) to address critical workforce skill gaps. Roleplay solutions that can enhance
Published in Newsletter Articles
r
ipad background image

Featured Cimdata Reports

ipadcontent
PLM-Enabled Digital Transformation Benefits Appraisal Guide

The Guide is designed to help potential PLM users evaluate the applicability and payoffs of PLM in their enterprise, and to help existing users of PLM monitor the impact it is having on their product programs.

ipadcontent
Aerospace & Defense PLM Action Group

A CIMdata administered PLM advocacy group for the A&D industry

ipadcontent
PLM Market Analysis Reports

The PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market. It contains analyses of major trends and issues, leading PLM providers, revenue analyses for geographical regions and industry sectors, and historical and projected data on market growth.

ipadcontent
PLM Market Analysis Country Reports

These reports offer country-specific analyses of the PLM market. Their focus is on PLM investment and use in industrial markets. Reports cover Brazil, France, Germany, India, Italy, Japan, Russia, South Korea, the United Kingdom, and the United States.

ipadcontent
Simulation & Analysis Market Analysis Report

This report presents CIMdata’s overview of the global simulation and analysis market, one of the fastest growing segments of the overall product lifecycle management market, including profiles of the leading S&A firms.

ipadcontent
CAM Market Analysis Report

CIMdata's definitive guide to the worldwide CAM software and services market. This comprehensive report provides critical intelligence on market size, user expenditures, trends, and segmentation, alongside authoritative rankings of the top CAM solution providers and reseller revenues.