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Items filtered by date: November 2024 - CIMdata
Rockwell Automation, Inc. Chairman and CEO, Blake Moret, and SVP and CFO, Christian Rothe, will present at Citi's 2025 Global Industrial Tech and Mobility Conference on Wednesday, Feb. 19, 2025, in Miami Beach, Florida. The fireside chat will be webcast beginning at approximately 9:40 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
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Montag, Februar 03, 2025

IBM RELEASES FOURTH-QUARTER RESULTS

IBM announced fourth-quarter 2024 earnings results. "We closed the year with double-digit revenue growth in Software for the quarter, led by further acceleration in Red Hat. Clients globally continue to turn to IBM to transform with AI. Our generative AI book of business now stands at more than $5 billion inception-to-date, up nearly $2 billion quarter over quarter," said Arvind Krishna, IBM chairman, president and chief executive officer. "Three years ago, we laid out a vision for a faster-growing, more-profitable IBM. I'm proud of the work the IBM team has done to meet or exceed our commitments. With our focused strategy, enhanced portfolio, and culture of innovation, we're well-positioned for 2025 and beyond and expect revenue growth of at least five percent and free cash flow of about $13.5 billion this year."  Fourth-Quarter Highlights Revenue - Revenue of $17.6 billion, up 1 percent, up 2 percent at constant currency - Software revenue up 10 percent, up 11 percent at constant currency - Consulting revenue
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Stratasys Ltd. (“Stratasys” or the “Company”), a leader in polymer 3D printing solutions, announced unaudited preliminary approximate financial results for the fourth quarter 2024. Preliminary Fourth Quarter 2024 Results Revenue of $150.1 to $150.5 million, with hardware sequentially higher and consumables sequentially lower compared to the third quarter of 2024 GAAP gross margin of 46.0% to 46.5%, non-GAAP gross margin of 49.4% to 49.7%. GAAP operating loss of $13.3 to $14.4 million, non-GAAP operating income of $9.0 to $9.5 million GAAP net loss of $15.3 to $16.5 million, non-GAAP net income of $8.1 to $8.6 million Adjusted EBITDA of $14.2 to $14.6 million Positive cash flow from operating activities The Company continues to expect to generate 8% in EBITDA margins for the full year 2025 at current revenue levels, and higher EBITDA margins at higher revenues. If the Company generates moderate revenue growth, the Company could generate at least 10% in EBITDA margins for the full year 2025.
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Altair, a global leader in computational intelligence, is pleased to name Sistemi HS, a leading provider of innovative technology solutions, as a channel partner for Italy. Sistemi HS will offer Altair’s comprehensive portfolio of electronics, data analytics, and simulation solutions to customers throughout Italy. “Altair’s mission is to help customers transform their businesses by leveraging world-leading computational intelligence,” said Kimon Afsaridis, managing director of Eastern Europe and vice president of indirect EMEA sales, Altair. “By partnering with Sistemi HS, we further expand our reach in Italy and provide even more organizations with advanced technologies that accelerate innovation and drive meaningful outcomes.” “We are thrilled to announce our partnership with Altair strengthening our commitment to delivering cutting-edge technology solutions,” said Domenico Condelli, general manager, Sistemi HS. “This collaboration helps us combine our expertise with Altair’s best-in-class technologies, creating exceptional value for our clients and driving digital transformation across key industries.” Altair works with a global network of channel and
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The Canadian Apparel Federation (CAF) and CGS’s BlueCherry today announced a strategic partnership to help accelerate the digital transformation of the Canadian apparel sector. CAF is the national association of the Canadian apparel industry, providing members with advice on national and global competitive issues. BlueCherry is the award-winning, end-to-end supply chain management solution built expressly for high-growth organizations in fashion, apparel, consumer lifestyle products, home goods, and retail. To support the continued growth and competitiveness of the Canadian fashion industry on the global stage, CAF and BlueCherry will deliver innovative, industry-specific content to CAF members about the competitive value of digital supply chain transformation. BlueCherry content will be featured on the CAF website (www.caf-fcv.ca), providing valuable insights for the apparel industry. Additionally, BlueCherry’s industry experts – who are equipped with deep expertise in the apparel sector and work closely with leading apparel brands – will contribute regularly to the CAF bulletin,
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Hewlett Packard Enterprise named Maeve Culloty as Executive Vice President, President and CEO of HPE Financial Services, effective May 1, 2025. Culloty joined the company in 2007 and has held numerous senior management roles leading global and geo businesses to success. Most recently serving as the Chief of Staff to HPE President and CEO Antonio Neri, Culloty will continue to report to Neri and serve on the company’s executive committee. Culloty will oversee HPE Financial Services, which is the global financing and asset management business that supports HPE's edge-to-cloud strategy, and helps customers and partners accelerate their transformations. As part of its mission, HPE Financial Services operates the world’s largest IT manufacturer refurbishing facilities, which process up to four million assets per year, the majority of which are refurbished and reused.  “HPE Financial Services is a crown jewel of HPE, sustainably transforming customers’ and partners’ digital strategies through its smart IT lifecycle and financing
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Leica Geosystems, part of Hexagon, announced a new partnership with the Southern California Institute of Architecture (SCI-Arc), created to help train the next generation of architects. The partnership will enable students and faculty at SCI-Arc to experiment with advanced, user-friendly laser-scanning hardware and software, offering hands-on experience with intuitive reality capture solutions that will shape the future of architecture, landscape architecture, urban planning and design, media-based art and more.  “Architects are increasingly leveraging new technologies to create immersive projects, which means that students need to have access to innovative solutions to stay ahead of the curve,” said Fabio Ponzio, Executive Vice President at Leica Geosystems. “SCI-Arc has earned a reputation for preparing students for any eventuality, and we are honored to work alongside such inventive thinkers. Together, we can drive transformative progress in the media, entertainment and related design fields." As part of the new partnership, Leica Geosystems is supplying SCI-Arc with over $200K of technology
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SPX FLOW, a global leader in fluid technology, is excited to collaborate with Siemens to highlight cutting-edge digital twin technology at the MxD (Manufacturing x Digital) center in Chicago. A premier hub for innovation in manufacturing, MxD is driving advances across industries such as food and beverage, chemicals, and batteries. At MxD, SPX FLOW and Siemens are demonstrating the transformative potential of digital twin technology. This technology is further enhanced by industrial 5G connectivity and modular production using software-defined Module Type Package (MTP) concepts, showcased through an automated mixing tank with an associated digital twin. This collaboration combines SPX FLOW’s fluid processing solutions (including mixers, pumps and valves) and expertise with Siemens’ IoT connectivity solutions and Computational Fluid Dynamics (CFD) simulation capabilities to create a digital twin (a precise virtual replica of the physical systems) of an autonomous mixing tank concept. This enables users to design, test, and optimize fluid systems virtually, mitigate
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Fourth quarter 2024 1% organic revenue growth (using fixed exchange rates and a comparable group structure) Net sales increased by 1% to 1,448.0 MEUR (1,435.3) Adjusted gross margin of 66.7% (66.5) Adjusted operating earnings (EBIT1) increased by 3% to 450.3 MEUR (438.4) Adjusted operating margin amounted to 31.1% (30.5) Earnings per share, excluding adjustments, amounted to 12.4 Euro cent (11.8) Earnings per share, including adjustments, amounted to 10.9 Euro cent (10.3) Operating cash flow before non-recurring items increased to 421.5 MEUR (353.1) Cash conversion amounted to 116% (103) Recurring revenue increased by 7% and amounted to 582.5 MEUR (542.3) The Board of Directors proposes a dividend of 0.14 EUR (0.13) per share, an increase of 8% To view the original press release, please click here. Search for Hexagon on CIMdata.com
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BricsCAD® has received the IFC4 Architectural Reference Exchange Export Certification. Given by buildingSMART International after extensive testing, the certification recognizes the high quality of IFC support and reliable exchange of BIM geometry and data with BricsCAD. It also allows users to participate in public tenders where IFC4-certified BIM software is required. IFC compatibility empowers users to collaborate via openBIM with partners on multi-disciplinary projects. “BricsCAD's certification for IFC4 underscores our commitment to openBIM, ensuring seamless integration with global standards and enhanced collaboration,” noted David Dejaegher, Chief Executive Officer of Bricsys. Regarding interoperability, BricsCAD also supports: IFC2x3 Coordination View - Import and Export IFC4 Reference View - Import and Export IFC4 Design Transfer - Import and Export Revit®: RVT® Import and Export, and RFA® Import SketchUp®: SKP Import To view the original press release, please click here. Search for Bricsys on CIMdata.com
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