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Items filtered by date: November 2024 - CIMdata
Qualtrics announced three iconic industry-defining leaders – influential producer and co-founder of Def Jam Recordings Rick Rubin, Hall of Fame Marketing Executive Bozoma Saint John, and renowned business leader Danny Meyer – will take the keynote stage at the X4 2025 Experience Management Summit, taking place March 18-20 in Salt Lake City. X4 2025 will bring together thousands of experience management professionals, including C-suite executives and industry leaders in AI, customer experience, employee experience and HR, and brand and market research, to hear how the world’s leading brands are driving business success through improving the customer and employee experience. Register here: https://www.qualtrics.com/x4summit/ At X4 2025, each iconic keynote speaker will give unique insight into how they have created and delivered exceptional experiences throughout their career to inspire attendees as they prioritize delivering great customer and employee experience to power business success: Legendary producer Rick Rubin, Co-founder of Def Jam Recordings and nine-time GRAMMY winner,
Published in Newsletter Articles
TECHNIA, a leading provider of virtual twin solutions and digital engineering, is proud to sponsor and host the VILDA Annual Meeting & Summit 2025, championing women in Life Sciences. The event will take place on March 6th at TECHNIA’s Stockholm office, bringing together industry leaders, experts, and advocates committed to advancing diversity and inclusion in the life sciences sector. VILDA and TECHNIA are honored to welcome distinguished international speakers, including the UN’s Former Deputy Secretary-General Jan Eliasson and Former Centre Party leader Annie Lööf, who will share their insights on diversity, equity, and inclusion from both global and national perspectives. Empowering and celebrating women in Life SciencesVILDA is a pioneering network committed to promoting female leadership and fostering equity within the life sciences industry—values that closely align with TECHNIA’s dedication to an inclusive and innovative workplace. By supporting this influential event, TECHNIA reinforces its commitment to fostering meaningful change within the
Published in Newsletter Articles
FARO® Technologies, Inc., a global leader in 4D digital reality solutions, announced its financial results for the fourth quarter and full year ended December 31, 2024. “We are proud to conclude the year with strong momentum, surpassing targets across all of our metrics in the fourth quarter and achieving a decade-high adjusted EBITDA margin of 18% along with our fifth consecutive quarter of positive operating cash flow,” said Peter Lau, President & Chief Executive Officer. “2024 was a milestone year for FARO, marking our first double-digit adjusted EBITDA margin since 2018 and the first time in over a decade to exceed 11% adjusted EBITDA margins for the full year, driving a $29.6 million year-over-year increase in operating cash flow. As we enter 2025, we are confident that our multi-phase strategy, focused on operational excellence, organic growth, and strategic investments, positions us for sustained market leadership and long-term value creation for our shareholders.” Fourth Quarter 2024 Financial
Published in Newsletter Articles
JBT Marel Corporation, a leading global technology solutions provider to high-value segments of the food & beverage industry, reported JBT standalone results for the fourth quarter and full year 2024, provided highlights for Marel's standalone full year 2024 results, and established 2025 guidance for JBT Marel. JBT standalone results and Marel standalone results are as of December 31, 2024, and are prior to the combination, which was completed on January 2, 2025. "JBT delivered another strong performance for the fourth quarter and full year, achieving record quarterly orders, revenue, margins, and adjusted earnings per share from our continuing operations," said Brian Deck, Chief Executive Officer of JBT Marel Corporation. "Additionally, we are incredibly pleased to have completed the combination with Marel, uniting two leading and complementary food and beverage technology companies. JBT Marel's holistic solutions offering, deep application knowledge, and global service network allow us to be a better partner to
Published in Newsletter Articles
Xometry, Inc., the global AI-powered marketplace connecting buyers with suppliers of manufacturing services, reported financial results for the fourth quarter and full year ended December 31, 2024. “Our AI powered marketplace continues to gain share and deliver record financial results,” said Randy Altschuler, Xometry’s CEO. “In Q4, we delivered stronger-than-expected marketplace growth and generated positive Adjusted EBITDA as our customers increasingly rely on Xometry for their supply chain resiliency. In 2025, we remain focused on driving global growth, scale and operating excellence.” “In Q4, we delivered strong marketplace revenue growth, operating leverage and positive Adjusted EBITDA,” said James Miln, Xometry’s CFO. “Our record marketplace gross margin of 34.5% and operating efficiencies drove Adjusted EBITDA to a profit of $1.0 million, a $3.9 million improvement year-over-year.” Fourth Quarter 2024 Financial Highlights Marketplace revenue for the fourth quarter of 2024 was $135 million, an increase of 20% year-over-year. Marketplace Active Buyers increased 23% from 55,325 as of December
Published in Newsletter Articles
In just over a month members of the software and services providers in the PLM Economy will come together in a series of global meetings known as the PLM Market & Industry Forum (Forum). Developing the Forum theme is one of my responsibilities at CIMdata. I look at key issues in the market and identify several topics relevant to the PLM Economy. Once a topic is chosen, I work with my CIMdata colleagues to create quality content to populate the agenda. For 2025 our theme is “Model-Based Systems Engineering: Optimizing Systems of Systems,” a critical topic in today's world of smart-connected products. Model-Based Systems Engineering (MBSE) is rapidly moving beyond its roots in A&D and beachhead in automotive to support the smart connected products ubiquitous in many industry segments today. It is a key part of many model-based enterprise (MBE) initiatives and is a natural follow-on to recent Forums on the
Published in PLM
Les efforts des fournisseurs de solutions logicielles B2B pour rationaliser leurs stratégies commerciales s'avèrent souvent payants. Certaines de nos expériences montrent en effet que des fournisseurs de solutions ont pu générer des économies de 25 % tout en augmentant leurs ventes de 15 % sur trois ans, voir la contribution aux ventes de leurs partenaires tripler, ou multiplier par cinq la taille de leurs deals stratégiques. Voici comment ils ont fait. Trop souvent, les entreprises technologiques tentent de vendre leurs solutions en se basant sur les caractéristiques du produit (par exemple, le prix, les performances techniques, les fonctionnalités) pour atteindre la plus large clientèle possible. Pourtant, les clients ne s'intéressent en fait pas aux produits eux-mêmes, mais à ce que ces produits peuvent leur apporter, et c'est précisément le rôle du marketing et des ventes que d'articuler cette valeur et de définir comment elle sera délivrée aux clients et au marché. La stratégie
Published in PLM
B2B software solution providers' efforts to streamline their Go-To-Market (GTM) strategies often pay off. Our experience shows that some solution providers have generated savings of 25% while increasing sales by 15% over three years; others have seen their partners' contributions triple, and others have increased the size of strategic deals by five times. Here's how they did it. Too often, technology companies try to sell their solutions based on product features (e.g., price, technical performance, functionality) to reach the broadest possible customer base. Yet, customers are not interested in the products themselves but in what those products can do for them. It is precisely the role of marketing and sales to articulate this value and define how it will be delivered to customers and the market. The GTM strategy of technology manufacturers is a fundamental element of their business performance, and it becomes even more critical when the sale is complex. For B2B
Published in PLM
MongoDB, Inc., the leading database for modern applications, announced it has acquired Voyage AI, a pioneer in state-of-the-art embedding and reranking models that power next-generation AI applications. Integrating Voyage AI’s technology with MongoDB will enable organizations to easily build trustworthy, AI-powered applications by offering highly accurate and relevant information retrieval deeply integrated with operational data. AI-powered applications can address a broad range of complex use cases that traditional software cannot; however, because AI models are probabilistic, they can hallucinate––when a model generates false or misleading information. Inaccurate or low-quality results can create serious risks––especially in cases where the accuracy of information is critical, such as a hospital performing cancer screenings, a financial firm making autonomous investment decisions, or a law firm offering legal advice. Consequently, the risk of hallucinations has limited the use of AI applications for mission-critical use cases. These hallucinations typically occur when the AI model lacks sufficient understanding
Published in Newsletter Articles
Logility Supply Chain Solutions, Inc. (“Logility” or the “Company”), a leader in AI-first supply chain planning software, reported its third quarter fiscal year 2025 financial results. Proposed Transaction with Aptean, Inc. (“Aptean”) On January 24, 2025, Logility announced that Aptean, a global provider of mission-critical enterprise software solutions, had entered into a definitive agreement (the “Merger Agreement”) to acquire Logility. Under the terms of the Merger Agreement, Aptean will acquire all of Logility’s outstanding common stock for $14.30 per share in an all-cash transaction. The transaction is expected to close in the second quarter of 2025, subject to customary closing conditions, including approval of the transaction by Logility’s shareholders and receipt of certain regulatory approvals. Additional details and information about the terms and conditions of the Merger Agreement and the transactions contemplated by the Merger Agreement are available in the Current Report on Form 8-K filed with the SEC on January 28,
Published in Newsletter Articles
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