Industry Summary Articles

Infor®, the industry cloud company, announced the appointment of Terry Smagh as senior vice president and general manager for Asia Pacific and Japan. Based in Singapore, Smagh will be responsible for growing Infor’s business and driving customer success across key markets in the region, including Australia and New Zealand, Greater…

Velo3D, Inc., a leading metal additive manufacturing technology company for mission-critical parts, announced it has appointed Jessie Lockhart as Chief People Officer. Lockhart brings more than 20 years of experience in human resources and people operations to the company. She holds a Ph.D. in global leadership and change from Pepperdine University and…

Aspen Technology, Inc. (AspenTech), a global leader in industrial software, announced financial results for its first-quarter fiscal 2023, ended September 30, 2022. “AspenTech delivered a strong start to fiscal 2023 as demand trends remained positive across geographies and end markets.  In addition, we made substantial progress bringing together the OSI and SSE businesses with heritage AspenTech to capitalize on…

Third quarter Operating net sales increased by 23 per cent to 1,320.2 MEUR (1,077.2). Net sales including the reduction of acquired deferred revenue amounted to 1,316.6 (1,077.2). Using fixed exchange rates and a comparable group structure (organic growth), net sales increased by 7 per cent Adjusted operating earnings (EBIT1) increased…

IFS, the global cloud enterprise software company, reported its financial results for Q3 year-to-date (YTD) ending September 30, 2022. IFS posted strong financial performance with Annual Recurring Revenue (ARR) increasing by 38 percent year on year (YOY) and cloud revenue growth of 104 percent Vs. 2021 Q3 YTD. The company…

The Nemetschek Group, a globally leading provider of software for digital transformation in the construction and media industries, maintained its double-digit percentage growth in revenue and earnings in the third quarter of 2022. The Group’s revenue increased by 19.8% between July and September, while its EBITDA went up by 15.7%.…

Stratasys Ltd. will release financial results for the third quarter ended September 30, 2022, on Thursday, November 10, 2022. The Company plans to hold the conference call to discuss its third quarter 2022 financial results on Thursday, November 10, 2022, at 8:30 a.m. (ET). The investor conference call will be…

Cadence Design Systems, Inc. collaborated with TSMC to develop a node-to-node design migration flow built upon the Cadence® Virtuoso® design platform for custom/analog IC blocks that use TSMC’s advanced process technologies. The Cadence and TSMC R&D teams worked together to ensure the Virtuoso Schematic Editor and Layout Editor automatically migrate a source…

Hexagon's Asset Lifecycle Intelligence division announced it has expanded its portfolio in Asia Pacific and can support customers in their digital asset transformation and maintenance journey with the addition of HxGN EAM. HxGN EAM (formerly Infor EAM) was recently named a leader in the enterprise asset management market in the Green Quadrant:…

Radek Krotil posted to the Siemens blog on October 20th to outline the newest release of Siemens Polarion ALM software. Updates were made to REST API, navigation, table editing, and the diagram editor. To read the full story please go to the Siemens blog. https://blogs.sw.siemens.com/polarion/polarion-alm-22-r2-whats-new-and-noteworthy/ To view the original press…