Industry Summary Articles

 PDF

Takeaways

• Vietnam is rapidly emerging as a global hub for IT and engineering, rivaling established markets like China and India due to its skilled workforce, education system, and cost-effectiveness.
• Hitachi Digital Services’ Vietnam Delivery Center (VDC), founded 25 years ago, is the company’s second-largest delivery center with over 1,000 employees across Ho Chi Minh City, Da Nang, and Hanoi.
• The VDC’s services include OT-IT-AI integration, smart factory solutions, servitization, e-commerce, digital supply chain support, worker safety, and AI-based augmentation, delivered through systems modernization and integration projects.
• Hitachi and its VDC are well-positioned to help companies...

This CIMdata educational webinar will examine how Artificial Intelligence is reshaping the simulation and analytics landscape.

ANN ARBOR, Michigan, USA 11 September 2025—CIMdata, Inc., the leading global research, consulting, and education firm specializing in Product Lifecycle Management (PLM) and the Digital Transformation it enables, announces an upcoming free educational webinar, “AI in Physics-Based Product Performance Simulation: From Surrogates to Solvers.” The webinar will take place on Thursday, 9 October 2025, at 11:00 a.m. (EDT) and last for one hour.

Physics-based simulation and analytics are central to innovative product design processes and validation of...

 PDF

Enabled by DxP Services’ Industry Solutions, Templates, Tools, Accelerators, and Strategic Partnerships

Key Takeaways

• Today’s complex industrial products combine mechanical, electrical, and software components. Effective development of these complex products necessitates a robust, multi-domain systems engineering framework integrating requirements, design, testing, and production activities.
• Establishing seamless, end-to-end connections among requirements management, PLM, ERP, and other enterprise systems is essential for achieving traceability throughout the entire lifecycle.
• Transforming the engineering Bill of Materials (EBOM) into manufacturing (MBOM) and service (SBOM) bills requires thorough mapping and alignment across multiple phases of the lifecycle—a complex yet essential process...

 PDF

Electronics industry solution provider accelerates expansion in Physical AI and System Design & Analysis

On September 4, 2025, Cadence Design Systems, Inc. (Cadence) announced that it had entered into a definitive agreement to acquire Hexagon AB’s Design & Engineering (D&E) business, including the well-known MSC Software portfolio, for approximately €2.7 billion (~US$3.16 billion). The transaction will be settled 70% in cash and 30% in Cadence common stock issued to Hexagon, and is expected to close in the first quarter of 2026, subject to regulatory approvals.

Cadence, a pivotal leader in electronic systems design, has...

Ann Arbor, Michigan, USA 2 September 2025— CIMdata, Inc., the leading global research, consulting, and education firm specializing in Product Lifecycle Management (PLM) and the Digital Transformation it enables, today announced the creation of a new Artificial Intelligence (AI) practice. Industry veteran and AI thought leader Diego Tamburini has been appointed Executive Consultant and Practice Director to lead the new practice, which will guide solution providers, investors, and industrial organizations on the practical, high-value applications of AI across the entire product lifecycle.

Drawing on Diego’s deep background in PLM, CAD, CAM, CAE,...

The S&A market grew by 8.8% to $10.9 billion in 2024

ANN ARBOR, Michigan, USA 19 August 2025—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the release of the CIMdata Simulation and Analysis (S&A) Market Analysis Report. This report expands on the S&A market analysis conducted as part of the CIMdata 2025 PLM Market Analysis Report Series. The well-known PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market during calendar year 2024. It contains analyses of major trends and issues, revenues of leading PLM providers, and revenue analyses for geographical regions,...

This CIMdata educational webinar will show how transforming your business value proposition can positively impact your bottom line.

ANN ARBOR, Michigan, USA 19 August 2025—CIMdata, Inc., the leading global research, consulting, and education firm specializing in Product Lifecycle Management (PLM) and the Digital Transformation it enables, announces a free educational webinar, “Beyond Features: Transforming Your Go-To-Market Strategy to Sell Business Value.” The webinar will take place on Thursday, 11 September 2025, at 11:00 a.m. (EDT) and last for one hour.

The software landscape has changed, with Solution Selling becoming of paramount importance for technology solution providers. Customers are no longer buying product...

 PDF

Takeaways

• Hexagon AB celebrated their 25 years of measurement-leadership journey at Hexagon Live 2025 in Las Vegas, NV.
• In 2024, Hexagon announced they were exploring spinning off part of their business. At Hexagon Live, they announced its name, Octave, a company starting with about 7,500 employees and €1.5B in revenues.
• The company introduced AEON, a humanoid autonomous robot designed to work alongside humans, that has great promise in industrial applications.
• Hexagon Nexus, their open, cloud-native “Digital Industrial Platform” continues to expand and demonstrate measurable benefits.

CIMdata had the pleasure of attending Hexagon Live 2025, held at...

Second Module of the 2025 PLM MAR Report Series Now Available

ANN ARBOR, Michigan, USA 13 August 2025—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the release of the CIMdata PLM Industry Review and Trends Report, the second of five modules of the CIMdata 2025 Market Analysis Report Series. The MAR Series offers detailed information and in-depth analysis of the global PLM market for 2024. It contains analyses of major trends and issues, revenues of leading PLM providers, and revenue analyses for geographical regions, industry sectors, as well as historical and projected data on market growth.

This...

The First Module of the 2025 PLM MAR Report Series is now Available

ANN ARBOR, Michigan, USA 1 August 2025—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the release of the CIMdata 2025 Executive PLM Market Report. This report provides an executive-level view of CIMdata’s comprehensive analysis of the PLM market, with summary charts on the overall market and specific PLM solution segments (including the chart below). It also includes perspectives on current trends in the PLM industry and how they may affect current suppliers and investments.