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Items filtered by date: November 2024 - CIMdata
Trimble Inc. announced financial results for the fourth quarter and fiscal year 2024. Fourth Quarter 2024 Financial Highlights Revenue of $983.4 million, up 5 percent on a year-over-year basis, up 17 percent on an organic basis Annualized recurring revenue ("ARR") was $2.26 billion, up 14 percent year-over-year, up 14 percent on an organic basis GAAP operating income was $173.5 million, 17.6 percent of revenue and non-GAAP operating income was $283.6 million, 28.8 percent of revenue GAAP net income was $90.2 million and non-GAAP net income was $221.5 million Diluted earnings per share ("EPS") was $0.36 on a GAAP basis and $0.89 on a non-GAAP basis Adjusted EBITDA was $298.1 million, 30.3 percent of revenue Executive Quote "Fiscal 2024 was a transformative year for Trimble. We simplified and focused the Company through portfolio moves and re-segmentation. We also delivered for our customers while strengthening the Company — as evidenced by record levels of software as a percent of total revenue, and record levels of ARR, gross margin and profitability," said Rob Painter, president and
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Altair, a global leader in computational intelligence, is thrilled to announce the release of Altair® HyperWorks® 2025, a best-in-class design and simulation platform for solving the world’s most complex engineering challenges. At the forefront of this release is a bold vision of the future of product development: a zero-prototype world, where design is perfected in the virtual domain before reaching the physical world. By combining the power of artificial intelligence (AI), high-performance computing (HPC), and multiphysics simulation with cloud-based scalability and digital thread connectivity, Altair HyperWorks 2025 is more than a simulation platform – it’s a launchpad for innovation. “Altair HyperWorks 2025 builds on four decades of Altair’s expertise in simulation, design, and optimization,” said James R. Scapa, founder and chief executive officer, Altair. “By integrating advanced simulation technologies with AI and machine learning, automation, open architecture, and a connected digital thread, the platform accelerates design processes, fosters scalable cloud collaboration, and empowers teams to deliver smarter, faster,
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The interface between SAP applications and CONTACT Elements ensures seamless access to all relevant data across processes. CONTACT Software has once again achieved SAP® certification for the integration of its CONTACT Elements platform with RISE with SAP S/4HANA® Cloud. This integration enables companies to establish streamlined processes for improved collaboration, accelerates development and production, and reduces costs. “A comprehensive digitalization strategy connects processes and data along the digital thread across the entire product lifecycle. This gives companies a crucial foundation to accelerate their digital transformation,” says Jörg Kollmann, Principal Software Engineer at CONTACT Software. The interface automates the synchronization of key data such as bills of materials, technical changes, and documents between CONTACT Elements and SAP applications. This leads to more accurate planning as decisive factors like inventory levels, material costs, or open production orders are already incorporated during the design phase. Additionally, the integration with SAP S/4HANA and SAP ERP modules enables to seamlessly connect maintenance processes and
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EON Reality, the world leader in AI-assisted Virtual Reality and Augmented Reality-based knowledge transfer for industry and education, is proud to announce the enhancement of its Career Compass App, an AI-powered platform designed to help individuals identify skill gaps, find relevant courses, and create personalized learning paths. This new version of the app integrates advanced AI models to automatically identify relevant courses from leading platforms like Udemy, Coursera, and LinkedIn Learning. In addition, the app seamlessly integrates with EON’s immersive training tools, providing users with access to customized immersive learning experiences that help them close skill gaps faster and more effectively. Why This Innovation Is Important In an era where the job market is constantly evolving and the demand for new skills is growing rapidly, individuals face the challenge of keeping up with changing technologies and evolving career requirements. The Career Compass App addresses this challenge by providing a data-driven, personalized learning experience that helps users identify what skills they need to acquire in order to succeed in their chosen career
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Kontron, a leading global provider of IoT/Embedded Computing Technology (ECT), offers industrial software for cross-industry automation solutions through its subsidiary Kontron AIS GmbH. With the latest enhancements to the EquipmentCloud® digital transformation solution and KontronGrid IoT device management solution, Kontron AIS offers machine builders and component manufacturers even more security, usability and flexibility. Single sign-on and multi-factor authentication for more security Single sign-on (SSO) makes the login process much easier to use, and more secure. By linking to external identity providers such as Azure Active Directory, one click is all it takes for secure identification. By integrating multiple identity providers, both, the own employees and those of the system operators can be integrated. SSO can replace traditional login methods using a username and password in both desktop and mobile environments. Sensitive information such as passwords remains protected while administration is handled by the respective domain managers. In addition, multi-factor authentication (MFA) can be made
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Elysium has released CADdoctor for NX Ver.5.2. Supported Versions NX 2406 Series NX 2412 Series To view the original press release, please click here. Search for Elysium on CIMdata.com
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Siemens Digital Industries Software announced as part of its ongoing collaboration with TSMC, the readiness of an automated and certified workflow for TSMC’s InFO packaging technology using Siemens industry-leading advanced packaging integration solutions. “Siemens is pleased that our continued collaboration with TSMC has delivered a certified Xpedition Package Designer automated workflow driven by Innovator3D IC that provide customers with an expanding number of design avenues, even as time and design complexity pressures continue to rise,” said AJ Incorvaia, senior vice president, Electronic Board Systems, Siemens Digital Industries Software. “The combination of Siemens’ industry-leading Innovator3D IC driven semiconductor packaging solutions and TSMC’s leading-edge 3DFabricadvanced packaging platforms such as InFO enable our many mutual customers to achieve truly remarkable and industry-disrupting innovations.” Siemens’ automated design workflows for TSMC’s InFO_oS and InFO_PoP technologies are driven by the heterogeneous integration cockpit capabilities of the Innovator3D IC™ solution and includes Xpedition™ Package Designer software, HyperLynx™ DRC, and
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Synopsys, Inc. announced the expansion of its industry-leading hardware-assisted verification (HAV) portfolio with new HAPS® prototyping and ZeBu® emulation systems using the latest AMD Versal™ Premium VP1902 adaptive SoC. The next generation HAPS-200 prototyping and ZeBu-200 emulation systems deliver improved runtime performance, better compile time and improved debug productivity. They are built on new Synopsys Emulation and Prototyping (EP-Ready) Hardware that optimizes customer return on investment by enabling emulation and prototyping use cases via reconfiguration and optimized software. ZeBu Server 5 is enhanced to deliver industry-leading scalability beyond 60 billion gates (BG) to address the escalating hardware and software complexity in SoC and multi-die designs. It continues to offer industry-best density to optimize data center space utilization. "With the industry approaching 100s of billions of gates per chip and 100s of millions of lines of software code in SoC and multi-die solutions, verification of advanced designs poses never-before seen challenges," said Ravi Subramanian, chief product management officer, Synopsys.
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Xwatch Safety Solutions, part of Hexagon, is launching the advanced safety and control system MK2 at bauma 2025. The new system is simpler, more intuitive and easier to adopt compared to its predecessor MK1. With installation taking 30% less time, the new system is even more adaptable and user-friendly, reducing downtime for plant hire companies and contractors. The solution retains all the capabilities of MK1, including height and slew restriction, Rated Capacity Indicator (RCI), and the full suite of Xwatch safety features across the XW1, XW2, XW3, XW4, and XW5 models.  New enhancements include revolutionary proportional motion control when driving electric over hydraulic valve blocks (pat. pending), a significant breakthrough in precision and efficiency. Graphics have been completely reworked, creating a more visually friendly and intuitive monitor interface in various languages. MK2 is telematics-ready for connected construction sites and is more compact, freeing up in-cab space Paving the way for future compatibility   Due to
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Bentley Systems, Incorporated, the infrastructure engineering software company, announced nominations are now open for the 2025 Going Digital Awards. This renowned global program recognizes the very best digital advancements in infrastructure delivery and performance. Independent jurors—consisting of thought leaders and experts in their field—select the winners from among the world’s most extraordinary infrastructure projects. The deadline for nominations is March 31, 2025. Celebrating over 20 years, the awards program has recognized more than 5,250 of the world's most outstanding infrastructure projects. This global program is open to all Bentley software users and nominations are encouraged across a range of categories, encompassing all forms of infrastructure projects and stages—from design and construction to operations. Three finalists will be chosen within each of the 12 award categories. Finalists will attend Bentley’s Year in Infrastructure conference and Going Digital Awards program in Amsterdam, October 14-15, 2025, as guests of Bentley. As part of the conference, finalists will win
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