Cimdata Logo

Items filtered by date: November 2024 - CIMdata
Altair, a global leader in computational intelligence, announced that the 2025 Altair Enlighten Award is now open for submissions. Presented annually in conjunction with the Center for Automotive Research (CAR), the award honors the greatest sustainability and lightweighting advancements in the automotive industry that reduce carbon footprint, mitigate water and energy consumption, and leverage material reuse and recycling efforts. “Without advanced technology – like Altair’s – we would not see the innovation that characterizes the modern automotive industry. The Enlighten Award honors the innovations, technologies, and organizations that are creating a better, more sustainable industry,” said James R. Scapa, founder and chief executive officer, Altair. “Altair is proud to recognize those at the forefront of electrification, sustainable material usage, and lightweighting – and to once again showcase the amazing ways organizations are meeting global sustainability targets through this award.” The Enlighten Award categories are: Sustainable Product – Recognizes a production vehicle (or major system module) embracing emissions reduction, lightweighting, material circularity, and safety
Published in Newsletter Articles
Bluebeam, a leading developer of solutions and services for architecture, engineering, and construction (AEC) professionals worldwide welcomed Ema Gantcheva to the organization as Senior Vice President (SVP) of Global Marketing. In this role, she’ll lead a team of global marketers to achieve growth by aligning sales and marketing with a focus on data-driven decision making. In her new role, Gantcheva will report to Chief Growth Officer, Build & Construct division for Nemetschek Group, Amit Sangal. Gantcheva will lead marketing for both Bluebeam and GoCanvas, focusing on broadening brand reach and delivering measurable impact throughout the entire customer journey. Gantcheva brings a wealth of experience in leading and transforming marketing strategies for high-growth B2B software and SaaS companies. During her tenure at GoCanvas, she redefined marketing as a value-driven, revenue-generating function, fostering a data-centric culture and elevating marketing’s role as a trusted partner to sales, product and customer success teams.  “Ema’s proven ability to
Published in Newsletter Articles
ENGYS is pleased to announce its participation in the ROMed2VR project, aimed at improving pre-surgical planning for congenital heart defects through the integration of Computational Fluid Dynamics (CFD) and Virtual Reality (VR) technologies. This initiative seeks to develop a streamlined computational procedure that leverages open-source CFD and Reduced Order Models (ROM) to enhance the precision and effectiveness of Modified Blalock-Taussig Shunt procedures. The project kicked off with a meeting held in Trieste, Italy, on 25 November 2024, where key objectives and collaborative strategies were outlined. ENGYS will contribute its expertise in open-source CFD solutions to support the development of the ROMed2VR system. The consortium partners include RBF Morph, specialists in Reduced Order Models for CFD applications; InSilicoTrials Technologies, developers of digital platforms for medical and pharmaceutical simulations; and the BioCardioLab of “Fondazione Toscana Gabriele Monasterio,” a research institution focusing on cardiovascular innovations. Together, these organisations bring a diverse range of expertise to ensure the project’s success. Project Details: Acronym: ROMed2VR Title: Virtual
Published in Newsletter Articles
Honeywell announced that its Board of Directors completed the comprehensive business portfolio evaluation launched a year ago by Chairman and CEO Vimal Kapur and intends to pursue a full separation of Automation and Aerospace Technologies. The planned separation, coupled with the previously announced plan to spin Advanced Materials, will result in three publicly listed industry leaders with distinct strategies and growth drivers. The separation is intended to be completed in the second half of 2026 and in a manner that is tax-free to Honeywell shareholders. "The formation of three independent, industry-leading companies builds on the powerful foundation we have created, positioning each to pursue tailored growth strategies, and unlock significant value for shareholders and customers," said Vimal Kapur, Chairman and CEO of Honeywell. "Our simplification of Honeywell has rapidly advanced over the past year, and we will continue to shape our portfolio to create further shareholder value. We have a rich pipeline of strategic bolt-on acquisition targets, and we plan
Published in Newsletter Articles
With the support of Capgemini, the AI and Society Institute, the Ecole normale supérieure (ENS-PLS) and the ENS Foundation have launched an Observatory dedicated to analyzing and mitigating the environmental impacts of Artificial Intelligence (AI) at all stages of its lifecycle (training, adjustment, inference and end-of-life). The new Observatory aims to establish a solid, shared methodology to encourage sustainable AI usage. The widespread adoption of AI, especially generative AI, has unlocked significant opportunities across various sectors. However, the growing computational demand for these new uses is leading to an increase of its environmental footprint (in terms of energy and water consumption, as well as carbon footprint), making it necessary to systematically assess their impact and implement measures to mitigate them. A recent research paper from a Capgemini R&D team highlights that large generative AI models consume 4,600 times more energy than traditional models, with AI-related electricity usage potentially increasing 24.4 times in the most extreme scenario by
Published in Newsletter Articles
The ESTECO Users’ Meeting India 2025 will take place in Pune, on March 5, 2025. The event promises a full day of engaging presentations, featuring industry leaders who will showcase innovative applications of ESTECO Technologies. We’re excited to announce that among the speakers will be Sushant Bobade, Senior Manager, and Piyush Joshi, Senior CAE Specialist from Whirlpool Corporation, who will discuss multi-objective optimization of front load washing machines. Additionally, Rajendra More, Senior Manager CAE COE Head and Swapnil Khot, CAE Specialist from Mahindra and Mahindra Truck and Bus Division, will demonstrate the potential of MDO in delivering sustainable and cost-effective designs for heavy commercial vehicle (HCV) cabins. ESTECO’s own Danilo Di Stefano, modeFRONTIER Product Manager and Marco Turchetto, VOLTA Product Manager will deliver talks about our vision and provide insights into the product roadmap. Don’t miss the chance to meet them in person, along with representatives from our India office. Attendees will have the opportunity to explore advanced use cases and best
Published in Newsletter Articles
We are excited to announce the ENCY World Conference 2025, scheduled from June 9 to 12, 2025, in the vibrant city of Limassol, Cyprus. This year’s conference is dedicated to honoring the true superheroes of manufacturing: machine operators, CAM programmers, and robot integrators who drive innovation and excellence in production, empowered by ENCY Software’s digital tools that help them eliminate routine tasks and focus on what truly matters. Why Attend ENCY World Conference 2025? Exclusive Insights: Be among the first to discover the groundbreaking features of ENCY X, a comprehensive CAD/CAM ecosystem designed to eliminate inefficiencies and streamline collaboration in manufacturing. Technical Masterclasses: Participate in hands-on sessions led by industry experts to enhance your technical skills and knowledge. Sales Skill Enhancement: Enhance your software sales techniques through insightful presentations aimed at boosting your effectiveness. Networking Opportunities: Connect with fellow dealers to exchange experiences, share best practices, and build lasting professional relationships. Direct Access to Leadership: Engage in one-on-one discussions with ENCY Software’s
Published in Newsletter Articles
Rockwell Automation, Inc. Chairman and CEO, Blake Moret, and SVP and CFO, Christian Rothe, will present at Barclays 42nd Annual Industrial Select Conference on Thursday, Feb. 20, 2025, in Miami Beach, Florida. The fireside chat will be webcast beginning at approximately 9:50 a.m. EST and will be available on the Rockwell Automation Investor Relations website at www.rockwellautomation.com/en-us/investors.html. To view the original press release, please click here. Search for Rockwell Automation on CIMdata.com
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 it will participate in two healthcare investor conferences in February. The Company is attending the BTIG 12 th Annual MedTech, Digital Health, Life Science & Diagnostic Tools Conference taking place in Snowbird, Utah. Shawn O’Connor, Chief Executive Officer, will host one-on-one meetings with institutional investors on Tuesday, February 11, 2025. The Company is also attending the Oppenheimer 35 th Annual Healthcare Life Sciences Conference taking place virtually. Mr. O’Connor will be participating in a fireside chat on Wednesday, February 12, 2025, at 12:40 PM ET and will host one-on-one meetings with institutional investors. The 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 following the event. For more information about the events or questions
Published in Newsletter Articles
Based on preliminary figures, Bechtle AG has been able to reconcile its 2024 financial results with capital market expectations. Business volume increased by approximately 2% to nearly €8 bn, driven in part by strong growth in our software business. As this cannot be fully recognised under IFRS 15, reported revenue declined by approximately 2%. Earnings before taxes (EBT) stood at around €345 million, representing an 8% decrease compared to the previous year. Consequently, the EBT margin amounts to 5.5% (previous year: 5.8%). As of 31 December 2024, Bechtle employed 15,801 people, an increase of 4.2% or 642 compared to the previous year. This growth was largely driven by the six acquisitions completed in 2024, while organic workforce expansion remained moderate at 1.7%. The fourth quarter saw a slight upturn in business, particularly due to a strong final month. Business volume grew by approximately 4% from October to December. Although revenue declined by around 5% and earnings were
Published in Newsletter Articles
r
ipad background image

Featured Cimdata Reports

ipadcontent
PLM-Enabled Digital Transformation Benefits Appraisal Guide

The Guide is designed to help potential PLM users evaluate the applicability and payoffs of PLM in their enterprise, and to help existing users of PLM monitor the impact it is having on their product programs.

ipadcontent
Aerospace & Defense PLM Action Group

A CIMdata administered PLM advocacy group for the A&D industry

ipadcontent
PLM Market Analysis Reports

The PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market. It contains analyses of major trends and issues, leading PLM providers, revenue analyses for geographical regions and industry sectors, and historical and projected data on market growth.

ipadcontent
PLM Market Analysis Country Reports

These reports offer country-specific analyses of the PLM market. Their focus is on PLM investment and use in industrial markets. Reports cover Brazil, France, Germany, India, Italy, Japan, Russia, South Korea, the United Kingdom, and the United States.

ipadcontent
Simulation & Analysis Market Analysis Report

This report presents CIMdata’s overview of the global simulation and analysis market, one of the fastest growing segments of the overall product lifecycle management market, including profiles of the leading S&A firms.

ipadcontent
CAM Market Analysis Report

CIMdata's definitive guide to the worldwide CAM software and services market. This comprehensive report provides critical intelligence on market size, user expenditures, trends, and segmentation, alongside authoritative rankings of the top CAM solution providers and reseller revenues.