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Industry Summary Articles

Items filtered by date: November 2024 - CIMdata
We are excited to announce the launch of our new, consolidated fabric operations hub in Sri Lanka—a move that delivers improved service and higher-quality results, with no changes to your existing process or pricing. What does this mean for clients? Read on.  A Net Positive ImpactThe overall workflow, costs, and request process remain exactly the same for you, our customers.  Improved Service & QualityOur new operational hub features a larger team and an upgraded testing facility, enabling faster turnaround times and more consistent, high-quality outputs for you. Same Proven Scanning ProcessClients will continue to send physical fabrics as usual. Our team handles the full scanning workflow—using FAB for fabric physics and Vizoo for textures and graphic maps. This consolidation allows us to scale efficiently while continuing to deliver the quality and reliability you expect from Browzwear. One Logistics UpdateThe most important logistical update that customers should be aware of is a new shipping address for their
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InnovMetric announces the launch of PolyWorks Korea, a new subsidiary established to provide direct sales and local support for the PolyWorks® enterprise solution in the Korean market. 25 Years of Leadership and Reliability in Korea  Since 2000, the Korean automotive and automation industries—along with their key suppliers—have relied on PolyWorks for their 3D measurement tasks. Today, PolyWorks is a well-established brand in Korea, serving over 700 customers.  “We are deeply grateful for the long-standing support we have received from our Korean customers and partners,” says Abdul Aziz Saleem, Vice President of Sales, APAC, at InnovMetric. “We want to thank PCMM, our integral and foundational partner in Korea, whose collaboration continues to drive our shared success. We look forward to continuing our work with them and serving the Korean market.”  PolyWorks Korea will be dedicated to assisting customers in the digital transformation of their 3D measurement processes. Key initiatives for the new operation include the promotion of PolyWorks|DataLoop™ and participation
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Lantek, a global provider of software solutions for the metal manufacturing industry, announces the opening of a direct office in Canada as part of its growth strategy in North America. With this new direct presence, the company reinforces its commitment to the Canadian market and to sheet metal, tube and structural steel manufacturers across the country. The launch of Lantek Canada builds on an already well-established installed base in the country, with more than 300 companies currently using Lantek solutions. This direct presence strengthens relationships with existing customers, enabling closer service and supporting their technological development through local technical resources aligned with the company’s global standards. International strategy, local customer focusThe Canadian structure forms part of Lantek’s regional strategy in North America, based on direct presence in key markets and the development of long-term relationships with customers and machine tool manufacturers. The local team will support industrial areas across the country, with
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Biesse continues its global expansion with a strategic investment in Mexico, reinforcing the Group’s direct presence in the Latin American market, where the company has already been operating successfully through its branch in Brazil. This investment marks a significant step forward in the global expansion of the multinational company headquartered in Pesaro, Italy, specialized in the production of lines, machines and components for processing wood, glass, stone, metal, plastic, and composite materials. Biesse continues to evolve by building on its core strengths of expertise, simplification, and service. The new Biesse branch in Mexico, located in Guadalajara, stems from the enhancement of Bavelloni’s local structure — a company recently acquired by the Group and specialized in the design and production of technologies and tools for glass and stone processing. Building on this solid foundation, Biesse’s presence in Mexico now expands to include the entire Biesse product portfolio and an enhanced after-sales service, operating in
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The Nemetschek Group, one of the world’s leading software providers for the Architecture, Engineering, Construction and Operations (AEC/O) industry, announced a strategic partnership with Ingram Micro, a business-to-business (B2B) platform company for the global technology ecosystem, to jointly explore new business opportunities and accelerate digital transformation across the Middle East and North Africa (MENA). The strategic partnership brings together Nemetschek’s cutting-edge software portfolio with Ingram Micro’s extensive regional reach, ecosystem enablement capabilities and deep market expertise. As part of the collaboration, both companies will work closely on joint market development initiatives, including coordinated marketing campaigns, industry events and customer engagement activities aimed at increasing awareness and adoption of Nemetschek’s solutions across the region. The collaboration also outlines a strong focus on sales enablement and training, equipping Ingram Micro’s teams with the technical, product and commercial expertise required to effectively promote, demonstrate and support Nemetschek technologies. In addition, the partnership will support customers
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Qualtrics, the leader and creator of the experience management (XM) category, announced the appointment of Jason Maynard as Chief Executive Officer, effective immediately. Maynard will also join the Qualtrics Board of Directors. A proven technology executive with 30 years of experience scaling world-class software businesses, Maynard will lead Qualtrics as its AI solutions give organizations a deeper understanding of the people they serve to build trust and deliver better experiences, which are driving millions in returns and significant time and cost savings. The appointment comes as Qualtrics scales its AI investments, led by the $6.75 billion pending acquisition of Press Ganey. “Jason has scaled one of the most successful cloud businesses, built products customers depend on, and has a sharp perspective on where AI is taking our industry. That's a powerful combination that will take Qualtrics, our category, and the value we deliver to customers to the next level,” said Jim Whitehurst,
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SmartPM, the AI-driven Automated Project Controls™ and schedule analytics platform built for construction, announced the appointment of Majid Malek as Chief Operating Officer. In this role, Malek will oversee go-to-market operations, drive cross-functional alignment, and support the company's continued growth as a category-defining leader in construction technology. The appointment comes as SmartPM enters its next phase of growth, evolving its internal systems to support growing demand for its project controls solution across general contractors, owners, and consultants. Malek brings more than 25 years of experience across technology, data, and AI-driven businesses. Holding graduate degrees in Electrical Engineering from Stanford and Computer Science from Georgia Tech, Malek started his career designing wireless systems at Hewlett Packard, followed by leading the Qualcomm team responsible for integrating cellular modems into Apple iPhones and iPads. Most recently, Malek served in a key leadership role at UK-based Featurespace, a global leader in AI-driven financial crime prevention. During his tenure, he helped scale
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Revalize, a worldwide leader in CAD, CPQ, and PLM software solutions for manufacturers, today announced a partnership with invenio Virtual Technologies. The collaboration aims to provide manufacturers across the DACH region with a more efficient and fully digital product development process. By combining Revalize’s PRO.FILE PDM/DMS solution with invenio’s VT‑DMU offering, the partnership enables seamless workflows covering every step from version checks to high‑performance 3D processing. The benefits are clear: engineering teams can reduce iteration cycles, validate quality earlier, protect sensitive design data, and accelerate time‑to‑production. The partnership is designed to deliver tangible value in day‑to‑day operations without adding complexity. To view the original press release, please click here. Search for Revalize on CIMdata.com Search for invenio Virtual Technologies on CIMdata.com
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Netskope, a leader in modern security and networking for the cloud and AI era, announced that it will release financial results for its fourth quarter and fiscal year 2026 ended January 31, 2026, after the market closes on Wednesday, March 11, 2026. Management will host a live conference call that day at 2:00 pm PT / 5:00 pm ET to discuss the company’s financial results. A live webcast of the conference call and related materials can be accessed from the company’s investor relations website at https://investors.netskope.com. Following the call, a replay of the webcast will also be available on the investor relations website. To view the original press release, please click here. Search for Netskope on CIMdata.com
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PTC reported financial results for its first fiscal quarter ended December 31, 2025. “PTC delivered solid financial results in Q1’26, driven by large deal volume and competitive displacements. The continued progress we’re making with our go-to-market transformation is resulting in strong and strategic demand capture. This gives us greater confidence that we are building a more durable, multi-year growth engine,” said Neil Barua, President and CEO, PTC. “More broadly, our Intelligent Product Lifecycle vision is gaining momentum. As the product development landscape evolves, our customers and partners understand the importance of product data as an enterprise-wide asset and its role in powering AI-driven transformation. PTC is uniquely positioned to deliver the Intelligent Product Lifecycle with our core products serving as the trusted systems of record for product data and AI across the full lifecycle,” concluded Barua. First Fiscal Quarter 2026 Key Operating and Financial Metrics“For a second consecutive quarter, we significantly stepped up the
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