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Items filtered by date: November 2024 - CIMdata
MathWorks, the leading developer of mathematical computing software, and Altera, an Intel company, announced a collaboration to accelerate wireless development for Altera FPGAs by enabling wireless systems engineers to use AI-based autoencoders to compress Channel State Information (CSI) data and significantly reduce fronthaul traffic and bandwidth requirements. Engineers working on 5G and 6G wireless communications systems can now ensure user data integrity and maintain wireless communications systems' reliability and performance standards while reducing costs.  “The collaboration between MathWorks and Altera enables organizations to harness the power of AI for a wide range of 5G and 6G wireless communications applications, from 5G RAN to advanced driver-assistance systems (ADAS),” said Mike Fitton, vice president and GM, Vertical Markets at Altera. “By utilizing our FPGA AI suite and MathWorks software, developers can streamline their workflow from algorithm design to hardware implementation, ensuring their AI-based wireless systems meet the rigorous demands of modern applications.” MathWorks offers
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Schneider Electric, the leader in the digital transformation of energy management and automation, announced Domaine Carneros, grower-producer of ultra-premium Carneros sparkling wine and limited-production pinot noirs, reduced its carbon emissions last year by 375 metric tons of CO2 through the deployment of a microgrid, while saving more than $70,000 on annual energy costs. In the heart of Napa Valley, Domaine Carneros has deployed Schneider Electric's EcoStruxure™ Microgrid, a standardized, validated microgrid platform that manages the winery’s on-site energy generation. Through its deployment of solar arrays and the microgrid, Domaine Carneros self-generates 70% to 80% of its energy for winery operations such as fermentation, bottling, and wine tastings. “Deploying a resilient and energy-efficient microgrid solution has been critical to the winery’s operations in light of an increasing number of Public Safety Power Shutoffs and extreme weather events that have posed significant threats to the winemaking industry in California,” said Jana Gerber, North American President of Microgrids for Schneider Electric. “The system allows
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Plex by Rockwell Automation, a leader in cloud-delivered smart manufacturing solutions, announced that the precision metal forming and assembly company, Schaller Group, has chosen the Plex Smart Manufacturing Platform as an integrated, state-of-the-art manufacturing and business solution to run its Michigan-based aerospace and prototype facility. Schaller selected the full suite of Plex solutions, including Plex Enterprise Resource Planning (ERP), Plex Manufacturing Execution System (MES), and Plex Quality Management System (QMS). The decision to migrate to a new solution was driven by challenges Schaller faced across its current systems and increasingly stringent cybersecurity requirements from their customers. Across the board, processes were multi-platform and manual. The company did not operate off a single source of truth, but rather, various spreadsheets, a legacy ERP system, and numerous paper documents—all in a siloed manner. This lack of integrated systems created a significant challenge to meeting their customers’ cybersecurity requirements. Another major pain point for Schaller was
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Accenture has acquired Altus Consulting, a leader in consulting and digital transformation, to further strengthen its strategic advisory and delivery services for insurance, investments and other financial services businesses across the UK. Founded in 2005, Altus Consulting has developed highly respected advisory services underpinned by data-driven insight and detailed modelling, with deep knowledge of the operating models, data and platforms that power financial services organisations. It is an established industry thought leader with a dedicated focus on life, pensions, investments and insurance, and has long-standing relationships with many financial services firms in the UK. Altus Consulting designs and delivers business and technology solutions that help clients tackle complex challenges by improving administration, customer experience and product design. Its projects span workplace and individual pensions, annuities, investment and asset management solutions, as well as speciality markets and general insurance segments such as motor and medical. Altus Consulting’s highly skilled team join Accenture’s Insurance practice in the UK,
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Accenture has acquired Halfspace, a leading and multi-award-winning Denmark-based AI company that helps organizations leverage and scale AI to make better , more informed decisions, faster. The acquisition enhances Accenture’s AI capabilities and talent in the Nordic region and across Europe. With the addition of Halfspace, Accenture will extend the Center for Advanced AI into the Nordics, focused on helping clients capture and create value from AI. Founded in 2015, Halfspace develops AI and generative AI solutions and products that drive value creation by streamlining complex business workflows and uses advanced analytics and data science to transform data into actionable insights. Halfspace has delivered more than 100 data and AI projects to large Nordic organizations and the acquisition will expand Accenture’s footprint in the market. “AI adoption is accelerating across the enterprise faster than any prior technology. Our research shows that 69% of executives believe it brings new urgency to reinvention,” said Carsten Sachmann, Accenture’s lead for the
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Sandvik has acquired three US-based resellers of Computer Aided Manufacturing (CAM) solutions in the Mastercam network, Barefoot CNC, CAD/CAM Solutions and CamTech Engineering Services. Additionally, Sandvik has acquired the probing and post processor business lines of CIMCO Group, a Denmark-based developer of software solutions for computer-integrated manufacturing.   With these businesses, Sandvik continues to strengthen its position in the CAM market and further builds on its capabilities to serve customers and expand the customer base. The acquisitions will be a part of business unit Mastercam and will be reported within business area Sandvik Manufacturing and Machining Solutions.  “These acquisitions strengthen our regional presence and our ability to help our customers, and they support our strategy to grow within digital manufacturing,” says Stefan Widing, President and CEO of Sandvik.  The acquired resellers serve manufacturing customers in the Southeast region of the US. Barefoot CNC is headquartered in Morganton, North Carolina, CAD/CAM Solutions is headquartered in
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Hexagon AB announces that the Board of Directors, after a comprehensive assessment, has directed management to prepare for the separation of its Asset Lifecycle Intelligence (“ALI”) division and related businesses (“NewCo”) by way of a Lex Asea distribution (or “spin-off”) to its shareholders, as previously announced on 25th October 2024. The Board intends to propose the distribution and listing of NewCo’s shares at a shareholder's meeting in early 2026, provided that the circumstances are deemed right at the time.  Reflecting the geographical focus of NewCo’s business, Intergraph’s heritage as a U.S. public company and the location of its management team, Hexagon expects NewCo to list on a U.S. national securities exchange. Subject to regulatory approvals, Hexagon will establish a temporary Swedish Depository Receipt programme for NewCo via a listing on Nasdaq in Stockholm, for existing shareholders to locally participate in potential value creation and facilitate the transition to the U.S. listing. “After an
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IFS, the leading provider of enterprise cloud and Industrial AI software, announces the appointment of Hannes Liebe as the new President of Asia Pacific, Japan, Middle East, and Africa (APJMEA). Hannes will be responsible for driving growth across the region, expanding IFS’s geographical footprint, and reinforcing strategic partnerships. Hannes joined IFS in 2024 as Interim Managing Director for DACH and Chief Operating Officer role in North and Central Europe. He brings a wealth of leadership and industry experience, having previously held senior roles at Finastra and SAP. In his new role, Hannes will lead the charge in accelerating IFS’s business expansion in the region, expanding IFS growth via direct and indirect channels. APJMEA is an increasingly important region for IFS, being home to leading enterprises across IFS’s strategic industries. IFS’s leading offerings in Enterprise Asset Management, Field Services Management & Manufacturing Cloud ERP, combined with their leading Industrial AI capabilities, are expected
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Accenture will host a conference call at 8:00 a.m. EDT on Thursday, March 20, 2025, to discuss its second-quarter fiscal 2025 financial results. An earnings news release will be issued before the call. To participate in the teleconference, please dial +1 (877) 883-0383 [+1 (412) 317-6061 outside the U.S., Puerto Rico and Canada] and enter access code 2669177 approximately 15 minutes before the scheduled start of the call. The conference call will also be accessible live via webcast on the Investor Relations section of the Accenture website at accenture.com. A replay will be available on this website following the call. To view the original press release, please click here. Search for Accenture on CIMdata.com
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Dassault Systèmes announced the launch of SOLIDWORKS CPQ, its new configure, price and quote solution on the 3DEXPERIENCE platform. SOLIDWORKS CPQ integrates powerful generative AI capabilities that enable businesses to accelerate the order and delivery of customized products through a dynamic virtual experience connecting product portfolio management, development, manufacturing and sales. With SOLIDWORKS CPQ, companies can quickly define and design a portfolio of configurable products to fit their customers’ requirements, and quickly produce precise quotes. This configure-to-order approach extends the benefits of SOLIDWORKS applications beyond design, bringing product portfolio managers and sales teams into the manufacturing experience. This business solution uniquely engages the technologies at the core of the 3DEXPERIENCE platform, surpassing the limits of traditional CPQ solutions with the latest advances in virtual twins, virtual design companions, generative experiences and sense computing. By linking product configurability rules to a virtual twin on the 3DEXPERIENCE platform, design teams can use SOLIDWORKS CPQ
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