Lantek has partnered with Euromac, a benchmark in innovation for punching and shearing combined machines, to deliver an integrated solution that redefines metal sheet processing. This collaboration merges the power of Euromac’s punching and shearing machines with Lantek’s advanced automation and synchronization software, offering customers a significant leap in productivity, cost savings, and operational efficiency. Full automation: synchronized stacking and non-stop production Euromac’s combined punching and shearing machine is among the most advanced solutions on the market, capable of executing long cuts in a single stroke, drastically reducing processing time and material consumption. Unlike traditional methods that require multiple impacts or high energy consumption, this technology—based on Euromac’s XT model—delivers faster, more precise cuts with optimal material utilization. Its optimized shearing system reduces sheet metal waste by up to 20%, eliminating the need for micro-joints and maximizing efficiency in every manufacturing process. Beyond cutting performance, Lantek’s software integration takes automation to the next

Schneider Electric, the leader in the digital transformation of energy management and automation, published details of its sustainability performance for the final quarter of 2024, alongside its full-year financial results. The company’s Sustainability Impact (SSI) score reached 7.55 out of ten, surpassing the 2024 end-year target of 7.40. Monitoring and reporting on the 11 global commitments of its SSI’s quarterly progress is fundamental to achieving the company’s goals tied to all dimensions of environmental, social, and governance (ESG). “In 2024, Schneider Electric was recognized by TIME and Statista as the World’s Most Sustainable Company. Earlier this year, we were honored to receive the same recognition from Corporate Knights as part of its Global 100 ranking – marking our second time topping this list and a first for any corporation. These remarkable achievements, alongside other key ESG recognitions inspire us to reach even greater heights in 2025,” said Chris Leong, Chief Sustainability Officer at

The manufacturing industry is undergoing a major shift, driven by digital transformation and the need for seamless collaboration between engineering and production teams. OpenBOM is excited to announce its new partnership with SolidCAD, a premier provider of technology consulting and thought leadership in Canada.  Our mission is simple yet profound: we empower you to “Design, Collaborate, Make, and Manage,” while driving Digital Transformation across diverse industries. This partnership is set to bring OpenBOM’s cloud-native product data management (PDM) and PLM solutions to a wider audience of manufacturers looking to streamline their processes and enhance efficiency. Why SolidCAD and OpenBOM? SolidCAD has a long-standing reputation for delivering best-in-class technology consulting services for design and manufacturing industries. Their deep expertise in engineering and production workflows, combined with OpenBOM’s flexible and fully cloud-native data management platform, makes this partnership a natural fit. Manufacturers today face growing complexity in managing product structures, handling revisions, and ensuring accurate data flow

Synopsys, Inc. and the SEMI Foundation announced the signing of a Memorandum of Understanding (MoU) at Synopsys' corporate headquarters in Sunnyvale, Calif. to advance workforce development within the semiconductor chip design sector. It's predicted[1] the global industry will need to fill over one million additional semiconductor jobs by 2030, equivalent to 100,000 jobs annually highlighting the crucial need for workforce development programs. Collaborations like this one are essential to bridging the chip design talent gap and shaping the innovators of tomorrow. Together, Synopsys and SEMI Foundation will engage in opportunities to collaborate on education and training programs with academic institutions and industry experts to enhance chip design workforce development both in the United States and internationally. The two organizations will also jointly develop specialized education and training programs designed for K-12 students, academic institutions, and military veterans, providing support and resources across the talent development spectrum. As a global silicon to systems design leader, Synopsys, through its

Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, announced a new collaboration with Salesforce, the global leader in CRM, to help customers in the manufacturing and semiconductor industries drive value from artificial intelligence. As part of this collaboration, TCS launched three initiatives: Semiconductor Sales Accelerator for increasing sales with data-driven insights, Seller for the Future for providing near real-time insights, predictive analytics, and personalized recommendations and Digital Field Service to equip technicians on field with real-time information, predictive maintenance insights, and optimized scheduling. One of the key challenges for organizations in their AI adoption journeys is to unlock the true value of their data. For large organizations, data is often stored in unstructured silos. Recognizing the unique challenges and opportunities within the manufacturing and semiconductor industries, this collaboration leverages the combined strengths of both companies to digitally transform how customers in these industries sell and service their products. Indira Gillingham, Vice President of

Tech Mahindra, a leading global provider of technology consulting and digital solutions to enterprises across industries, announced that it has achieved formal validation for its Net-Zero targets by the Science Based Targets initiative (SBTi). This recognition underscores Tech Mahindra’s commitment to the ambitious 1.5°C trajectory and its innovative initiatives to address global climate change.  With this milestone, Tech Mahindra becomes the first Mahindra Group company to secure SBTi validation for its Net-Zero goals, joining an elite group of very few Indian companies whose targets have been approved. Tech Mahindra’s sustainability initiatives have already delivered measurable results with renewable energy now accounting for 31% of energy consumption at owned locations and 22.96% globally as of 2024. Further, Scope 1 and Scope 2 emissions have been reduced by over 31% in 2024, compared to the baseline year 2016. Net-Zero Targets: Overall Net-Zero Target: Tech Mahindra commits to reach net-zero greenhouse gas emissions across the value chain by FY 2035. Near-Term Targets: Tech

Topcon Corporation and FARO Technologies have announced a strategic agreement to develop and distribute innovative solutions in the laser scanning market. The agreement is expected to expand access to cutting-edge digital reality solutions and result in complementary product developments, such as the seamless integration of Topcon and Sokkia solutions with FARO’s solutions. Building on this collaboration will strengthen both companies’ offerings and provide added value to users. The collaboration aims to combine the strengths of both organizations in order to advance technological capabilities for professionals across multiple industries. It will focus on leveraging the companies’ collective expertise in laser scanning technologies, targeting key sectors including, construction, surveying, mapping, architecture, forensics, building information modeling (BIM), and industrial plant and process applications.  “With this agreement, we are confident that the solutions we provide will be further enhanced and contribute to overcoming the challenges our customers face,” said Tetsuya Morita, Senior Executive Officer, General Manager, Smart Infrastructure Business

Altair, a global leader in computational intelligence, released its financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Financial Highlights Software revenue was $179.4 million compared to $155.9 million for the fourth quarter of 2023, an increase of 15.0% in reported currency and 16.5% in constant currency Total revenue was $192.6 million compared to $171.5 million for the fourth quarter of 2023, an increase of 12.3% in reported currency and 13.8% in constant currency Net income was $1.0 million compared to $19.7 million for the fourth quarter of 2023, a decrease in earnings of $18.7 million. Net income per share, diluted was $0.01 based on 89.3 million diluted weighted average common shares outstanding, compared to net income per share, diluted of $0.22 for the fourth quarter of 2023, based on 89.0 million diluted weighted average common shares outstanding. Net income margin was 0.5% compared to net income

License expansion and increased recurring revenue in Q4 Q4 Highlights ARR increased to 60.0 (50.3), an annual growth of 19%. Net revenue amounted to MSEK 22.8 (20.7), of which software revenue was MSEK 15.7 (14.4). Cash flow from operations amounted to MSEK -11.4 (-18.7). Adjusted EBIT amounted to MSEK -11.6 (-14.6). Operating expenses were MSEK 38.8 (35.6), including non-recurring items of MSEK 3.2 (0.0) and development costs of MSEK 12.6 (14.1). Net profit amounted to MSEK -14.1 (-13.4). Earnings per share amounted to SEK -0.82 (-1.22) before dilution. 2024 Highlights Net revenue amounted to MSEK 83.6 (79.0), of which software revenues were MSEK 58.1 (53.1). Adjusted EBIT amounted to MSEK -49.4 (-55.3). Operating expenses were MSEK 147.3 (137.0), including non-recurring items of MSEK 11.8 (1.9). Net profit amounted to MSEK -59.4 (-55.6). Earnings per share amounted to SEK -4.23 (-5.05) before dilution. The board proposes that no dividend is paid for the 2024 financial year. Comments from the CEO Business update Revenues in the fourth quarter of

Ann Arbor, Michigan, USA 21 February 2025—CIMdata, Inc., the leading global research, consulting, and education firm specializing in Product Lifecycle Management (PLM) and its Digital Transformation, announces that its President & CEO, Peter Bilello, will participate in a webinar, “The Integration Imperative: Enabling a Connected Digital Thread.” The webinar, sponsored by Razorleaf, takes place on Wednesday, 12 March, at 1:00 PM EDT. In today's rapidly evolving digital landscape, integration is not just a technical requirement—it's a critical factor for establishing a Digital Thread. Join industry leaders from Razorleaf and CIMdata as they discuss the importance of integration in connecting people, processes, and technology across the product lifecycle. Many companies and individuals appear to be overlooking the fundamentals, especially the overall lifecycle connectivity and integration required to be successful. In his presentation, Peter Bilello will highlight how a comprehensive, modern, flexible, and configurable integration platform is required to enable an organization’s end-to-end digital