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Items filtered by date: November 2024 - CIMdata
HCLTech, a leading global technology company, delivered strong performance for the quarter ended December 31, 2024 with $3.5 billion in USD revenue. Revenue in constant currency (CC) grew 4.1% YoY and EBIT for the quarter came in at 19.5%. Services revenue for the quarter was up 4.9% YoY (CC) and Digital revenue was up 6.3% YoY (CC). HCLSoftware annual recurring revenue (ARR) came in at $1.02 billion. The company revised its revenue growth guidance for FY25 to 4.5%-5% (CC) and maintained its EBIT margin guidance at 18%-19% for the year. “I am pleased that our growth is powered by broad-based performance across business lines as our clients across verticals and geos reaffirm their confidence in our Digital and AI offerings. Our new deal bookings were healthy at $2.1 billion, with wins across services and software. We are positioning ourselves for a future that is transformative, with AI empowering both businesses and employees. We
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Honeywell will issue its fourth quarter financial results and 2025 outlook before the opening of the Nasdaq Stock Market on Thursday, February 6. The company will also hold a conference call at 8:30 a.m. EST. As previously communicated on December 16, 2024, Honeywell plans to provide an update on its strategic alternatives review with the fourth quarter 2024 earnings release. Presentation Materials / Webcast Details A real-time audio webcast of the presentation can be accessed at http://www.honeywell.com/investor, where related materials will be posted prior to the presentation and a replay of the webcast will be available for 30 days following the presentation. To view the original press release, please click here. Search for Honeywell on CIMdata.com
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Honeywell announced that it is joining forces with Verizon to bring a seamless technology experience to retail and logistics companies through the launch of a transformative bundled offering. Combining Honeywell's leading hardware, software and services with Verizon's high-speed 5G connectivity will enable businesses to streamline the Retail lifecycle with simplified procurement, contracting and future device and data plan expansions. Another benefit of the Honeywell-Verizon bundled solution is increased business resiliency for retailers and logistics companies. For example, if a mid-sized garden center retailer unexpectedly loses power, the lack of internet could force the store to shut down for the day, significantly impacting sales potential. With a Verizon 5G cellular data plan bundled with Honeywell handheld computers, Smart Pay contactless mobile payment software and support services, the store can continue to run using their point-of-sale system, minimizing disruption to operations and loss of revenue. "Our collaboration with Verizon will help retailers and logistics companies
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Stratasys has declared that its TrueDent-D™ resin is available for sale in Europe as a CE Mark Class I medical device. This milestone enables the sale of its TrueDent™ monolithic multi-shade digital denture solution in European countries that require CE marking. Following its successful debut in the United States in 2023, TrueDent is now set to deliver a scalable, efficient, and high-quality solution for denture production for dental labs and clinicians across Europe. Interest in the TrueDent-D resin is already strong, with more than 30 customers committed to onboarding in Q1 2025. According to a recent iData report1, the demand for denture solutions in Europe continues to grow as the region’s opportunity for dentures is projected to expand from USD 2.19 billion in 2023 to USD 2.45 billion by 2028. The TrueDent denture solution by Stratasys is designed to answer this demand with a fully digital workflow that enables dental labs to
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TrimbleⓇ announced the availability of three new Trimble Works Subscription plans — Trimble Works Core, Pro and Premium. A Trimble Works Subscription offers contractors a simple, low risk way to scale operations, providing flexibility in selecting and utilizing the right civil construction technology, hardware coverage and price point for their business needs. For contractors already using Trimble technology, these new subscription plans provide a method for keeping all machines on the same software version, enabling connected workflows for jobsite operations. How Trimble Works Delivers With each Trimble Works Subscription plan, contractors can purchase select civil construction software solutions, such as Trimble Earthworks Grade Control Platform and Trimble Siteworks Software. Device licensing, along with software and firmware maintenance are included for the entire subscription term. Each plan also includes Trimble WorksManager field-to-office software to ensure the seamless integration between field operations and office management. Trimble Works Core The Trimble Works Core plan allows customers to bring
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On January 13, 2025, Oleg Shilovitsky published a blog post announcing the latest update to OpenBOM. Oleg says, “As we wrap up an amazing year, the December 2024 release of OpenBOM brings a series of refinements designed to address the details that matter most to our customers. This release focuses on enhancing usability, boosting performance, and introducing key improvements to streamline your experience. We’ve also tackled some annoying bugs to ensure a smoother, more reliable workflow.” Read the full details here: https://www.openbom.com/blog/whats-new-in-openbom-december-2024-update To view the original press release, please click here. Search for OpenBOM on CIMdata.com
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Transform Industrial Machinery Business with Siemens Service Lifecycle Management ANN ARBOR, Michigan, USA 14 January 2025—Today, CIMdata, Inc., the leading global PLM strategic management consulting and research firm, published a new eBook focused on the application of service lifecycle management (SLM) in the industrial machinery industry and how Siemens Digital Industries Software (Siemens) SLM solutions enable companies in that industry to move to a servitization business model. This eBook describes how a robust SLM solution can enable companies in the industrial machinery industry to aggregate, contextualize, simulate, and analyze operational data captured from managed assets into actionable insight that can drive service planning, improve design for serviceability, and optimize heavy equipment in-service use and operations. Built on Siemens Xcelerator portfolio, Siemens’ SLM solution is a comprehensive, integrated suite of software and services augmented by strategic relationships with third-party service application providers. The core of the SLM solution is Teamcenter SLM, which provides
Published in News & Press
This webinar is part of CIMdata’s educational series. ANN ARBOR, Michigan, USA, 14 January 2025—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces an upcoming free educational webinar, “Recovery for a Stalled PLM Initiative – Part Two.” The webinar will take place on Thursday, 13 February, at 11:00 a.m. (EST) and will last one hour. Implementing a PLM solution is a complex process often marked by unforeseen obstacles. Many initiatives stall, fall short or fail to deliver the expected benefits. In Part One of this webinar series, CIMdata presented practical strategies for identifying, quantifying, and reporting issues that commonly derail PLM implementations. In Part Two, we’ll shift the focus and offer strategies and remedies for avoiding problems and recovering from a failing initiative. Join us and learn how to pinpoint the issues and articulate them in ways that drive resolution and avoid setbacks. Those who did not attend the
Published in News & Press
Carlson Software announces the purchase of all assets of DotSoft, which include numerous CAD-related products such as ToolPac, LidarTools, MapWorks, RevitOffice+, PDF2DWG and many more. Terry Dotson, the author of all DotSoft products, was a fully self-taught programming expert who developed hundreds of utility programs to make the work of surveyors, engineers, mapping technicians and CAD operators in general more productive. His programs have functioned as add-ons to AutoCAD®, Intellicad® and BricsCAD®. Terry had worked directly for Carlson for over a decade, bringing his products to the company, before returning to private business. Terry passed away very recently, and the Dotson family and Carlson Software have concluded a purchase on favorable terms for both parties, recognizing Terry’s contributions to the CAD marketplace and to Carlson Software itself over the years. Carlson Software pledges to carry forward Terry’s work by remaining responsive to DotSoft customers, providing tech support service and by improving on
Published in Newsletter Articles
Bentley Systems, Incorporated, the infrastructure engineering software company, announced the appointment of James Lee as Chief Operating Officer. Lee joins Bentley from Google, where he served as General Manager for startups and artificial intelligence at Google Cloud. Prior to joining Google in 2020, Lee spent 12 years at SAP, including as Chief Operating Officer for SAP Ariba and Fieldglass, and as Chief Operating Officer and General Manager of Sales for SAP Greater China. He holds a Master of Business Administration degree from Harvard University and a Bachelor of Commerce degree from the University of British Columbia, and is based in the Pacific Northwest. Lee will strengthen Bentley’s cross-functional alignment across planning and execution, will drive operational excellence, and will oversee China, Japan, and portfolio development including growth initiatives such as Bentley Asset Analytics. Nicholas Cumins said, “I am excited to welcome James, a world-class operational leader, to Bentley. His energy and experience managing operations and investment initiatives at SAP and Google will be instrumental to Bentley as we continue to
Published in Newsletter Articles
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