Industry Summary Articles

Effective July 1, Karen Ohland has begun her term as the 141st president of the American Society of Mechanical Engineers (ASME), the Society announced during its annual meeting in June. Ohland is an ASME Fellow and has been an active member of the Society since 1983. Ohland is the associate director…

In the second quarter of 2022, Bechtle AG continued to perform very well. Despite the ongoing supply bottlenecks and the tense macroeconomic situation, the IT company was able to considerably step up its revenue and earnings. From April to June, the revenue underwent a substantial increase of 14.5 per cent to €1,417.6 million. The…

Velo3D, Inc. announced financial results for its second fiscal quarter of 2022. “Our tremendous success in providing our customers with the industry leading additive manufacturing solutions they need is reflected in our revenue growth, increasing more than 15 fold since the first quarter of 2021,” said Benny Buller, CEO of…

Xometry, Inc., the global online marketplace connecting enterprise buyers with suppliers of manufacturing services, reported financial results for the second quarter ended June 30, 2022. “In Q2 2022, Xometry delivered accelerated marketplace growth, robust expansion in marketplace gross margin and significant operating leverage quarter-over-quarter,” said Randy Altschuler, Xometry’s CEO. “We…

Autodesk is committed to helping creators envision a better world, and having access to great tools allows them do just that. So we are making RV, our Sci-Tech award-winning media review and playback software, open source. Code contributions from RV along with DNEG’s xStudio and Sony Pictures Imageworks’ itview will…

Last year, Zemax became part of Ansys. Today, we’re pleased to announce that our industry-leading optical design solutions are now available under the following Ansys product names: Ansys Zemax OpticStudio Ansys Zemax OpticsBuilder Both products are the same great, revolutionary technologies you’ve come to know and love. Only the names and…

Rand Simulation (Rand SIM), an Ansys Elite Channel Partner and a division of Rand Worldwide, continues its growth by adding new offerings and expertise. Rand SIM has added the Ansys optics and photonics software products to their portfolio, complementing their existing engineering and design consulting services around the core physics of fluids,…

Trimble introduced today data integrity monitoring for its precise point positioning (PPP) correction service, CenterPoint® RTX Fast. The Trimble RTX Integrity™ monitoring system is an innovative, patented solution, built in direct response to client requirements for production-ready applications. It continuously validates the reliability of correction data processed by the network,…

Siemens Digital Industries Software announced that it was selected to participate in the Rapid Assured Microelectronics Prototypes (RAMP) Phase II initiative. RAMP is a program established by the United States Department of Defense (DoD) to develop secure design and prototyping capabilities to demonstrate how the DoD can securely leverage state-of-the-art microelectronics…

Tecsys Inc., an industry-leading supply chain management software company, is pleased to announce that Sanford Health, one of the largest health systems in the United States, has successfully leveraged its Tecsys Elite™ Healthcare supply chain platform to attain benchmark preference card accuracy and execute continuous optimization across sterile processing operations.…