Industry Summary Articles

Altair, a global leader in computational science and artificial intelligence (AI), announced that Ravi Kunju has been named Altair's chief product and strategy officer. In this role, Kunju will be responsible for the strategy and vision of Altair products, which includes facilitating the development, sales, pricing, and marketing of Altair's solutions for…

Digital Twin Consortium® (DTC) published a foundational paper entitled Assuring Trustworthiness in Dynamic Systems Using Digital Twins and Trust Vectors. The paper provides guidance to help organizations design digital twins securely and safely for digital transformation. It presents an understandable and interoperable model for digital twins’ security and safety assurance that satisfies all…

Siemens Digital Industries Software today announced that it has signed an agreement to acquire Avery Design Systems, Inc., the leading simulation-independent verification IP supplier, headquartered in Tewksbury, MA, USA. Siemens plans to add Avery’s technology to the Siemens Xcelerator portfolio as part of its industry-leading suite of electronic design automation…

AVEVA, a global leader in industrial software, driving digital transformation and sustainability, will highlight how digital technologies can support public-private partnerships and unlock innovation to close the implementation gap on climate change at COP27. The United Nations Climate Change Conference 2022 is being held on November 6-18 in Sharm El…

Honeywell announced its participation at upcoming investor events in November. Doug Wright, president and chief executive officer of Honeywell Building Technologies, will present at the Baird Global Industrial Conference in Chicago, Illinois, on Tuesday, November 8, 2022, from 7:55 a.m. - 8:25 a.m. CST (8:55 a.m. - 9:25 a.m. EST). Honeywell's next installment of its live…

Autodesk, Inc. announced it will broadcast its third quarter fiscal 2023 financial results conference call via its website Tuesday, November 22, 2022, at 2:00 p.m. Pacific Time. Autodesk will host a live webcast call Tuesday, November 22, 2022, at 2:00 p.m. PT at www.autodesk.com/investors. An audio replay webcast will also be…

PROS Holdings, Inc., the CFO’s best-kept secret for profitable growth, announced financial results for the third quarter ended September 30, 2022. “I’m proud of our team for delivering 17% subscription revenue growth along with strong improvements to profitability in the quarter,” stated CEO Andres Reiner. “Year-to-date we more than doubled our deal…

Rockwell Automation, Inc. reported fiscal 2022 fourth quarter and full year results and introduced fiscal 2023 guidance. "We had a great finish to this fiscal year, with our Q4 organic sales and earnings both growing double digits year over year and sequentially. Rockwell delivered very strong operating performance amidst continued…

Trimble Inc. announced financial results for the third quarter of 2022. Third Quarter 2022 Financial Highlights Revenue of $884.9 million, down 2 percent on a year-over-year basis, up 6 percent year-over-year, excluding the effects of divestitures, acquisitions, and foreign currency translation Annualized recurring revenue (ARR) was $1.55 billion, up 13 percent year-over-year, up…

Atos announces the win of a seven-year contract with Siemens Healthineers to provide, deploy and manage Software Defined Access (SDA)-enabled global LAN (local area network) services in close to 60 customer locations in 15 countries. This contract showcases Atos’ ability and commitment, as global network infrastructure partner, to support Siemens…