Industry Summary Articles

IFS, the global cloud enterprise software company, reported its financial results for H1 as of June 30, 2022, with its share of Recurring Revenue reaching 71 percent of Total Revenues and Software Revenues reaching 76 percent of Total Revenues. Growth in H1 2022 came from winning net new customers as…

Tata Consultancy Services (TCS) and Boots, a leading UK health and beauty retailer, announced the launch of the new INNOVATE workspace, powered by TCS Pace™, at the Boots headquarters in Nottingham. The new workspace is aimed at nurturing a start-up culture within the organization, helping Boots to uncover opportunities to leverage…

High-information product models make lighting design more efficient and preciseA new 3D CAD product configurator from a visionary in emergency lighting is online: INOTEC Sicherheitstechnik GmbH now offers configurable, multi CAD and BIM capable 3D CAD models of its escape sign and emergency luminaires. These can be downloaded free of…

Renon India, a leading Lithium-ion battery manufacturer, has selected KloudPLM to power its Product Development processes and Organizational Effectiveness. With advanced and robust features like Project Management, BOM Management, Purchase Management, and Rich Analytics, KloudPLM plays a pivotal role in helping organizations in their Digital Transformation journey.  Renon India is…

Tata Consultancy Services (TCS), has helped Australian Energy Market Operator (AEMO), design and implement a futuristic solution that powers the Five-Minute Settlement (5MS) Program, creating a more efficient energy market in the country with better outcomes for energy producers, distributors and consumers. AEMO is an independent organisation that manages all…

Cadence Design Systems, Inc. announced that it has entered into a definitive agreement to acquire privately held OpenEye Scientific Software, Inc., a leading provider of computational molecular modeling and simulation software being widely and increasingly used by pharmaceutical and biotechnology companies for drug discovery. The addition of OpenEye’s technologies and…

In the second quarter of the year, Bechtle AG’s earnings before taxes (EBT) amounted to €88 million, preliminary numbers suggest, an increase of some 8% over the previous year (€81.2 million). All in all, preliminary earnings are well above the analysts’ consensus estimate of around €78 million derived by Bechtle…

Infosys, a global leader in next-generation digital services and consulting, delivered a robust performance in Q1 with year-on-year growth at 21.4% and sequential growth at 5.5% in constant currency. Year on year growth was in double digits across all business segments in constant currency terms. Digital accounted for 61.0% of…

BONITA, renowned fashion retailer catering for the over-50s market segment, has selected Centric Software‘s Product Lifecycle Management (PLM). Centric Software® provides the most innovative enterprise solutions to plan, design, develop, source and sell products such as apparel, footwear, sporting goods, furniture, home décor, cosmetics, food & beverage and luxury to achieve strategic…

Fish Fixe, a premium seafood delivery service, has selected Oracle NetSuite to improve its program, making it easier for families and individuals to purchase and prepare seafood proteins. With NetSuite, Fish Fixe will take advantage of an integrated business system allowing for quick and easy access to metrics needed to operate its business more…