Industry Summary Articles

PROSTEP, a leading partner with Dassault Systems specializing in PLM integration, migration, and data exchange, announces their exclusive Platinum sponsorship at COExperience 2023. As a premier Platinum sponsor, PROSTEP will showcase their exclusive PLM solutions to the thousands of Dassault users in attendance. Their longstanding and highly recognized partnership with Dassault enables…

Procore Technologies, Inc., a leading global provider of construction management software, announced financial results for the fourth quarter and full year ended December 31, 2022. “Our strong fourth quarter performance reflects the power of our platform, our leadership position and our trusted partnership with the construction industry. We look forward…

Hexagon’s Mining division has been awarded an eight-year fleet management project by PT Bukit Makmur Mandiri Utama (BUMA). As part of this project, Hexagon successfully deployed 150 units of HxGN MineOperate OP Pro to BUMA’s IPR site operation in Indonesia with the system optimally running within three months. The phased…

Telenor Norway has selected Accenture to help modernize its IT organization by transitioning to a cloud-based environment. The initiative is an important step in Telenor’s journey to become a software and product driven company and will enable improved customer experiences and revenue growth. By transitioning to a cloud-based environment, Telenor will also…

Stilo Corporation is thrilled to announce that the management team, comprised of Bryan Tipper (CEO) and Jackson Klein (CTO), have acquired 100% of Stilo Corporation’s shares. The acquisition transfers all IP, trademarks, and customer contracts as it relates to Stilo’s suite of software products: OmniMark: A well-established development platform used…

FARO® Technologies, Inc., a global leader in 4D digital reality solutions, announced its financial results for the fourth quarter and full year ended December 31, 2022. "Improving fourth quarter customer demand, with strength in Laser Scanners and the European market, as well as the addition of GeoSLAM resulted in year-on-year revenue growth of 10%…

Tecsys Inc. will release its financial results for the third quarter of fiscal year 2023 ended January 31, 2023 on March 1, 2023. Tecsys President and CEO, Peter Brereton, and CFO, Mark J. Bentler, will host a conference call on March 2, 2023 at 8:30 a.m. EST to present and…

Synopsys, Inc. reported results for its first quarter of fiscal year 2023. Revenue for the first quarter of fiscal year 2023 was $1.361 billion, compared to $1.270 billion for the first quarter of fiscal year 2022. "Synopsys delivered a solid start to the year. Building on our strength and momentum from 2022, we met…

Chaos releases V-Ray 6 for 3ds Max, update 1, bringing post-processing upgrades, advanced decal tools and time-saving GPU enhancements to the most complete rendering solution in the world. With more control, artists and designers can keep meeting a level of 3D demand that shows no signs of slowing down. New masking support…

In the current boom of artificial intelligence programs, the AI world has largely been dominated by increasingly intelligent text chat. While these tools can be entertaining and useful, their shortcomings become more and more apparent as users try to stretch the limits of their capabilities. But at the global launch…