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Items filtered by date: November 2024 - CIMdata
Synopsys and Vector Informatik announced a strategic collaboration to accelerate the automotive industry's transformation to software-defined vehicles (SDVs). The collaboration will deliver pre-integrated solutions that leverage Vector's software factory expertise as well as Synopsys' electronics digital twins expertise. The solutions will enable automotive companies to "shift-left" software validation and improve developer productivity, speeding up software development and deployment throughout the vehicle lifecycle. Automotive companies are under increasing pressure to transition software development from sequential design to agile and continuous development flows. This transition is critical to address increasing complexity, support more vehicle platforms and variants, mitigate the limitations of physical test benches, and simplify collaboration with suppliers. This increasing complexity along with frictions within current automotive software toolchains and processes require a new, comprehensive, seamless, and highly automated "shift-left" approach to build an efficient and scalable software factory. Vector and Synopsys are combining their SDV development capabilities to reduce development costs, facilitate faster
Published in Newsletter Articles
Agiloft, a leader in data-first contract lifecycle management (CLM), announced its participation in a two-part exclusive virtual roundtable, “Signed, Sealed, Delivered: Data-Driven Decisions for Change,” presented by Panelle, a female-led community setting a new rhythm for women in business and leadership. The discussion will bring together industry leaders to discuss how AI and data analytics are transforming contract management. Leaning into Panelle’s women-led and female-focused cohort, the roundtable will focus on how women across industries can tap data behind business operations (e.g. contracts, partnerships, compliance, and beyond) to optimize key processes, improve workflows, mitigate risks, and drive meaningful change within their organizations. The conversation will explore real-world use cases, best practices, and the impact of data-driven decision-making in procurement and legal operations.  WHO: Featuring a panel of procurement, legal, and AI experts, including:  Part 1:  Laura Richardson, General Counsel and Corporate Secretary, Agiloft  Nicole Milstead, Chief Marketing Officer, Agiloft  Sarah Tijou, Vice President of Communications, Panelle [Moderator]  Part 2: Noe
Published in Newsletter Articles
At embedded world 2025 in Nuremberg, Germany, from March 11 to 13, Cadence and Dream Chip Technologies GmbH will showcase Dream Chip's new intelligent automotive system on chip (SoC). This powerful second-generation silicon integrates Cadence's high-performance, low-power, automotive-grade Tensilica Vision 341 DSP for vision and radar workloads, programmable accelerator, NNA110 accelerator with embedded Vision P6 DSP for AI workloads, and digital IP controllers—delivering exceptional efficiency and functionality. This advanced silicon was successfully developed using the complete Cadence Verification solution and full-flow digital implementation, including signoff. Designed under the publicly funded ZuSE-KI-Mobil-2 (ZuKIMo-2) project, the silicon leverages the energy-efficient GlobalFoundries 22FDX® process technology for a true leap forward in automotive design. At Cadence's booth 4-219 (Hall 4), visitors can witness a live demonstration of advanced driver-assistance system (ADAS) application software operating on Dream Chip's development board. This demonstration will highlight the seamless integration of Tensilica IP and illustrate the flawless combination of
Published in Newsletter Articles
PROS Holdings, Inc., a leading provider of AI-powered SaaS pricing and selling solutions, announced its plan to unveil and launch multiple AI agents across PROS Platform solutions at Outperform with PROS 2025. The launch is part of the company’s continued commitment to drive AI innovation in the marketplace and is a significant step toward revolutionizing how businesses optimize revenue and profitability through AI-powered decision intelligence. “While Generative AI and Large Language Models (LLMs) have dominated headlines, and the transformative impact of these AI technologies across industries cannot be understated, the true value for businesses lies in combining Generative AI with real-time prescriptive AI to drive measurable business outcomes and optimize profitability,” said Sunil John, Chief Product Officer, PROS. “The well-documented problem with Generative AI is that it can produce inaccurate or speculative outputs, especially with numbers and calculations. By combining the power of PROS proprietary Prescriptive AI models with Generative AI, businesses
Published in Newsletter Articles
Simulations Plus, Inc. (“Simulations Plus”, “SLP”), a leading provider of cheminformatics, biosimulation, simulation-enabled performance and intelligence solutions, and medical communications to the biopharma industry, announced that Shawn O’Connor, Chief Executive Officer, will be participating in a fireside chat at the KeyBanc Capital Markets Virtual Healthcare Investor Forum on Tuesday, March 18, 2025, at 2:15 p.m. Eastern Time. In addition, Mr. O’Connor will host one-on-one meetings with institutional investors throughout the day. A live webcast of the fireside chat can be accessed via this link and also on the Investors page of the Simulations Plus website where it will be available for replay for approximately 90 days following the event. To view the original press release, please click here. Search for Simulations Plus on CIMdata.com
Published in Newsletter Articles
Constellation Software Inc. (“Constellation” or the “Company”) announced its financial results for the fourth quarter and year ended December 31, 2024 and declared a $1.00 per share dividend payable on April 15, 2025 to all common shareholders of record at close of business on March 28, 2025. This dividend has been designated as an eligible dividend for the purposes of the Income Tax Act (Canada). Please note that all dollar amounts referred to in this press release are in U.S. Dollars unless otherwise stated. The following press release should be read in conjunction with the Company’s annual Consolidated Financial Statements, prepared in accordance with IFRS Accounting Standards (“IFRS”) and our annual Management’s Discussion and Analysis for the year ended December 31, 2024, which can be found on SEDAR+ at www.sedarplus.com and on the Company’s website www.csisoftware.com. Additional information about the Company is also available on SEDAR+ at www.sedarplus.com. Q4 2024 Headlines: Revenue grew 16% (1% organic growth,
Published in Newsletter Articles
CIMdata will attend this annual event in Bristol, UK on 18-19 March. Ann Arbor, Michigan, USA 10 March 2025—CIMdata, Inc., the leading global research, consulting, and education firm specializing in Product Lifecycle Management (PLM) and its Digital Transformation, announces that members of the CIMdata team will attend the upcoming Digital Engineering Conference 2025 (DE25). The event will take place on 18 and 19 March in Bristol, United Kingdom. CIMdata will be represented at DE25 in several ways: Conference Presentation: CIMdata’s President & CEO, Peter Bilello, will present on Day 1 at 14:30. His presentation will discuss digital transformation and digital engineering across the extended enterprise. Workshop: The workshop Common Business Models will be facilitated by members of the CIMdata team, including Peter Bilello, Gerard Litjens, and Laurent Finck from our offices in the United States, the Netherlands, and France, respectively. It will take place in the afternoon of Day 2. Exhibition Hall: Reach out to
Published in News & Press
DXC Technology, a leading Fortune 500 global technology services provider, announced new offerings with ServiceNow, the AI platform for business transformation, to modernize the insurance industry. As an Elite partner, DXC is combining its industry-leading solutions and ServiceNow's AI capabilities and workflows to introduce DXC Assure BPM (Business Process Management) powered by ServiceNow. Today's insurers are pressured to accelerate growth and innovation, streamline operations, and provide faster, more reliable services to policyholders, but are often constrained by processes and workflows that are complex and highly manual. According to HFS Research, 45% of insurers are already investing in technology-driven alignment of their front, middle, and back offices. DXC and ServiceNow are uniquely positioned to help insurers drive innovation for greater operational efficiency. Combining DXC's insurance expertise and scale with ServiceNow's single platform and data model, DXC Assure BPM powered by ServiceNow integrates AI, data and workflows to reduce process debt, enhance operational efficiency, and improve customer satisfaction. The solution
Published in Newsletter Articles
IFS, the leading provider of enterprise cloud and Industrial AI software, and UKG, a leading provider of HR, payroll, workforce management, and culture solutions, are pleased to announce a strategic partnership aimed at delivering integrated solutions to streamline business operations and enhance workforce management. This collaboration will enable organizations to leverage the combined strengths of IFS's robust ERP capabilities and the UKG Pro® suite, providing a seamless experience for managing business processes, human capital including employee demographics, and payroll. The integrated solutions will help businesses improve efficiency, reduce administrative overhead, and foster a more engaged and productive workforce. "We are excited to partner with UKG to offer our customers a holistic solution that addresses both their operational and workforce management needs," said David Spencer, President of IFS North America. "This partnership underscores our commitment to delivering unique innovation, Industrial AI-fueled solutions that drive business success to our joint customers." "Partnering with IFS allows us
Published in Newsletter Articles
Rand Simulation, a division of Rand Worldwide, has been honored with the two most prestigious Channel Partner awards at the Ansys Worldwide Sales Conference: the 2025 North America Partner of the Year Award and the 2025 Global Channel Partner of the Year Award. These two awards recognize Rand Simulation’s exceptional contributions to advancing engineering simulation and delivering outstanding customer value through the innovative applications of Ansys software.  “Receiving these awards from Ansys is a testament to the amazing customers we have the privilege of serving as well as our team’s commitment to driving innovation and delivering tangible business impact with our simulation solutions,” said Jason Pfeiffer, vice president, Rand Simulation. “It demonstrates our team’s continued pursuit of excellence and our collaborative consulting approach which always begins by working alongside our clients to uncover their challenges, whether that be optimizing design systems, reducing the number of prototype iterations, or uncovering failure root-causes.
Published in Newsletter Articles
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