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Items filtered by date: November 2024 - CIMdata
At the NXT BLD conference, founding partners NXT BLD and infrastructure engineering software company, Bentley Systems, Incorporated, announced the launch of NXT Activate, a developer-focused accelerator for early-stage companies building transformative software for the architecture, engineering, and construction (AEC) sectors. The accelerator will back startups that are creating applications to solve the industry’s most critical challenges by breaking down data silos and unlocking more efficient workflows from design through operation. The programme is uniquely designed to support startups, regardless of the technology they choose to build on. Whether a company is building on open standards, such as IFC or 3D Tiles, or leveraging proprietary platforms they are eligible for funding. This core principle ensures the accelerator supports the best new ideas in the industry, rather than limiting startups to a single vendor’s technology. Initially seeded by Bentley Ventures, the corporate venture capital arm of Bentley Systems, NXT Activate will launch with a commitment of up to
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Keysight Technologies, Inc. announced a strategic collaboration with SRC UK Limited to support EW customers globally in modernizing their test and simulation environments. The initiative will help accelerate adoption of Keysight’s EWASP, enabling customers to transition to open, scalable, and software-defined architectures with greater efficiency and reduced operational risk. The collaboration also enables customers to preserve and integrate existing threat libraries and test assets into modern, open architectures, enabling continuity while accelerating modernization.  As EW systems grow increasingly complex, defense organizations are seeking more flexible and high-fidelity test environments to validate performance, shorten development timelines, and ensure mission readiness. Through this collaboration, Keysight and SRC will align their respective strengths in EW simulation, systems integration, and local engineering support to address customer needs across global markets. The effort centers on supporting customers across key areas including engineering and integration services, training, and knowledge transfer. By combining Keysight’s expertise in EWASP architecture and
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Accenture Federal Services and OpenAI announced a strategic collaboration to help U.S. federal agencies rapidly adopt, migrate, and scale advanced AI. As a key OpenAI Partner, Accenture Federal will help clients move from experimentation to production-ready, mission-grade deployment in weeks, not years. Building on Accenture’s collaboration with OpenAI to accelerate enterprise reinvention through agentic AI, this federal-focused initiative brings OpenAI’s industry leading models and research together with Accenture Federal’s deep mission expertise, cleared engineering talent, and security first delivery capabilities—giving agencies a trusted path to operationalize AI across federal environments. The collaboration further expands federal access to OpenAI technologies through federal-ready implementation patterns, governance frameworks, and delivery assets designed for the realities of government data, compliance, and operations—enabling agencies to modernize legacy systems, migrate AI workloads faster, and embed intelligence across core mission workflows. “As AI continues to grow and dominate as a core infrastructure for government, agencies can no longer afford slow, siloed adoption,”
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At SAP Sapphire in 2026, SAP SE introduced the Autonomous Enterprise to help enhance the world’s most critical business workflows, so that humans and AI work together to meet the accelerating demands of global business profitably, strategically and safely. “For the mission-critical processes of our customers, ‘almost right’ just isn’t good enough,” said Christian Klein, CEO of SAP SE. “By uniting SAP Business AI Platform with SAP Autonomous Suite, we anchor AI agents in the business processes, data and governance so they can deliver accurate, compliant and secure outcomes, unlocking new sources of revenue and meaningful cost savings.” The Autonomous Enterprise includes a unified AI platform for building, contextualizing and governing agents, an autonomous suite that executes core business operations and a new user experience that redefines how people work with enterprise software. Introducing SAP Business AI Platform SAP Business AI Platform is a new foundation for building and deploying enterprise AI grounded in real
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SAP Taulia, a leading provider of working capital solutions, has today announced new AI-powered innovations that help finance teams optimize working capital and improve operational agility. Unveiled at SAP Sapphire, the additions include the Working Capital Agent, Intelligent Terms Negotiations and Extended Flow with Payables. Together, these capabilities help organizations identify cash opportunities, improve liquidity and accelerate decision-making across payables, receivables and supply chain finance programs. The Working Capital Agent brings SAP Taulia’s working capital insights and solutions, including Extended Terms Financing, dynamic discounting, virtual cards, AR financing and supply chain finance, into the AI systems corporate finance teams use, starting with SAP Joule. It reads a customer’s working capital position across SAP Taulia, identifies opportunities and executes them in minutes through a conversation. General availability is planned for Q4 2026. Intelligent Terms Negotiations evaluates supplier propensity to take on early payments by combining external and internal data points. It suggests personalized negotiations aligned with cost
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HPE announced new GreenLake innovations across private cloud, storage and data protection that reshape how enterprises modernize infrastructure and accelerate AI data readiness. GreenLake delivers a cohesive approach that enables organizations to modernize virtualized and cloud-native workloads without forcing customers into fragmented, multi-vendor tools or risky migrations.  Enterprises are rapidly modernizing for AI and cloud-native runtimes and this transformation is placing new demands on how environments are managed, protected, and scaled. With these innovations, we’re helping organizations adopt a unified operating model that brings together private cloud, data, and protection, simplifies migration from legacy platforms, strengthens resilience, and delivers superior TCO to operate at scale. Fidelma Russo EVP & GM, Hybrid Cloud & CTO at HPE “Enterprises are rapidly modernizing for AI and cloud-native runtimes and this transformation is placing new demands on how environments are managed, protected, and scaled,” said Fidelma Russo, EVP & GM, Hybrid Cloud & CTO at HPE. “With these innovations, we’re helping organizations adopt a unified operating model that
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Oracle announced that the Oracle Java SE Universal Subscription will help standardize global software development at Samsung Electronics, a world leader in advanced semiconductor technology. With the Oracle Java SE Universal Subscription, Samsung can simplify IT operations and strengthen security by consolidating its global internal application development on Oracle Java. To continue to expand and support its global workforce, Samsung needed to standardize on a single application development platform for its software development projects. With the Java SE Universal Subscription, Samsung can streamline licensing and address compliance risk, simplify IT operations, and enhance security across its mission-critical operations. “Adopting the Java SE Universal Subscription reinforces our commitment to providing our internal engineering teams with a secure, reliable, and standardized development environment,” said Keun-Ho Lee, executive vice president and head of system development, Samsung Electronics. “Through our collaboration with Oracle Java, we’re able to minimize operational risk, streamline license management, and continue our focus
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Aras, a leading provider of digital thread solutions for product lifecycle management (PLM) and engineering AI, announced that Lightium, a Switzerland-based startup specializing in photonic integrated circuits (PICs), has selected Aras Innovator® to establish a connected foundation for managing the complexity of its photonic chip development. Operating in one of today’s most technically demanding domains, Lightium is addressing the growing challenge of data transfer in modern computing environments. Its photonic integrated circuits transmit data using light instead of electrical signals, delivering significant advantages in speed and energy efficiency for data centers. Aras Innovator provides the digital thread to connect data, processes, and disciplines across the organization. “In modern AI data centers, the biggest bottleneck is no longer computing power, but the transmission of data,” said Amir H. Ghadimi, Co-Founder & CEO of Lightium. “This is exactly where we come in: with photonic integrated circuits, we can scale performance beyond today’s technologies while significantly
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Velo3D, Inc., a leader in additive manufacturing ("AM") technology known for transforming aerospace and defense supply chains through world-class metal AM, today announced financial results for its first quarter ended March 31, 2026.  Recent Business Developments Awarded a $9.8 million, five-year Indefinite Delivery Indefinite Quantity (IDIQ) contract supporting the Defense Logistics Agency's (DLA) Joint Additive Manufacturing Acceptability (JAMA) Pilot Parts Program, an initiative aimed at accelerating adoption of additively manufactured components across Department of War sustainment operations. Appointed Jim Suva as Chief Financial Officer. Closed a firm commitment underwritten registered direct offering in April 2026 of 3,571,428 shares of common stock, with gross proceeds of approximately $50 million.  "For the first quarter, we delivered a strong start to 2026 with revenue up 48% year‑over‑year, reflecting recent sales momentum and disciplined execution across our end markets," said Arun Jeldi, CEO of Velo3D. "Importantly, we achieved positive gross margin this quarter, a key inflection point that validates
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Second-quarter orders climbed 18% on a comparable basis, excluding currency translation and portfolio effects, with double-digit increases in most industrial businesses; comparable revenue increased 6%, driven by Smart Infrastructure and Digital Industries On a nominal basis, orders rose 11% to €24.1 billion, and revenue reached the prior-year level of €19.8 billion, despite substantial negative currency translation effects; the book-to-bill ratio was 1.22 Profit Industrial Business was €3.0 billion, with a profit margin of 15.4%; Profit Industrial Business of €3.2 billion in Q2 FY 2025 had benefited from a €0.3 billion gain related to exiting a business at Smart Infrastructure Net income reached €2.2 billion; corresponding basic earnings per share (EPS) were €2.60, and EPS before purchase price allocation accounting (EPS pre PPA) were €2.81 Free cash flow from continuing and discontinued operations rose sharply to €1.7 billion We delivered a successful second quarter despite the geopolitical environment, which remains very demanding. Siemens is benefiting from
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