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Items filtered by date: November 2015 - CIMdata
Modoo Solution and GstarCAD — a global leader in CAD solutions — have joined hands to bring new momentum to the Korean market through AI-powered and cloud-integrated CAD technologies. On March 12, Modoo Solution (CEO Chung-Gu Jung) hosted the "2025 GstarCAD Partner Kickoff" in Seoul, announcing enhanced cooperation with GstarCAD. The event shared GstarCAD’s global strategy, Korean market insights, and new product launches. Chung-Gu Jung, CEO of Modoo Solution, stated in his opening remarks: "Through this partner kickoff event, we aim to further strengthen GstarCAD’s global competitiveness and market presence in Korea while exploring various ways to achieve mutual growth with our partners." Meiyu Huang, head of Gstarsoft’s Overseas Dept. attended the event with his team. Huang shared GstarCAD’s strategy and vision to respond to rapidly changing global CAD trends, stating: "Amid accelerating digital transformation, expanding cloud collaboration, and AI integration, the Korean market holds crucial position in the global market. We highly value and appreciate feedback from global users and partners to improve solutions and enhance services." He also highlighted the expansion of cloud-based services like GstarCAD 365 and the high compatibility with AutoCAD as key strengths to enhance
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Altair, a global leader in computational intelligence, will showcase how its cutting-edge artificial intelligence (AI) and simulation capabilities are transforming industries at Hannover Messe 2025, taking place March 31-April 4 in Hanover, Germany. Altair will demonstrate how its technology helps businesses innovate faster, optimize performance, and drive sustainable success through AI-powered engineering, high-performance computing (HPC), knowledge graphs, digital twins, and more. “AI and machine learning are critical in achieving the quartet of speed, performance, quality, and cost-effectiveness today’s organizations are seeking. Altair’s AI-powered engineering solutions unlock deeper insights, accelerate design, and enhance decision-making to create a safer, more connected, more sustainable future,” said Ravi Kunju, chief product and strategy officer, Altair. “At Hannover Messe, we will showcase powerful use cases, including one from CNH Industrial, where our AI-augmented simulation tools enabled a digital twin that streamlined product development with blazing-fast predictions and performance.” “Thanks to Altair’s cutting-edge virtual product development solutions, we created a digital twin of our product, helping us gain
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IMAGINiT Technologies, launched IMAGINiT FormsConnected, a powerful mobile data collection and workflow automation solution that eliminates paperwork in the field and seamlessly integrates data into existing enterprise systems. IMAGINiT experts will showcase how they are transforming field-to-office communication at booth #540 in Hall 3B at the New York Build Expo at the Javits Center in New York, March 12-13, 2025.  “Across industries, we’re still seeing companies struggle with outdated, paper-based data collection processes in the field, which is causing data entry errors, delays due to bottlenecks and disconnected workflows, increased compliance risks and more,” says Bill Zavadil, president and chief operating officer of IMAGINiT Technologies. “IMAGINiT FormsConnected is a powerful addition to our portfolio, helping companies of all sizes further their digital transformation journey by enabling them to capture, share, integrate and manage critical data digitally and in real time. Built for smartphones and tablets, this powerful new tool eliminates paperwork and automates workflows
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Bechtle will exhibit at Hannover Messe for the first time from 31 March to 4 April 2025, presenting a comprehensive portfolio of integrated IT solutions designed to meet the digitalisation needs of industrial enterprises—spanning cloud computing, artificial intelligence, product lifecycle management (PLM), the Internet of Things (IoT), networking, security and 3D printing. Visitors to hall 17, stand E18 can explore solutions from Bechtle’s engineering and manufacturing specialists, Bechtle PLM Deutschland and Bechtle Additive Manufacturing, alongside tailored industrial solutions by its IT system houses. Interactive tours, developed in collaboration with customers and partners, will provide hands-on insights into digital workflows and cutting-edge applications. “The digital transformation in industrial enterprises is accelerating, with companies rapidly adopting advances in automation, sensor technology and robotics. Resilient, flexible and scalable IT systems form the backbone of these developments, enabling more efficient processes and applications. Meanwhile, recent breakthroughs in artificial intelligence are driving further momentum,” says Uwe
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Sandvik has signed an agreement to acquire Verisurf Software, Inc. (Verisurf), a US-based 3D metrology software solutions provider. Verisurf will complement and enhance Sandvik’s position in industrial metrology and strengthen the combined digital manufacturing offering to small and mid-sized manufacturers (SMEs). The company will be reported as a separate business unit within business area Sandvik Manufacturing and Machining Solutions. Verisurf is principally active in the North American market. The company serves a diverse customer base of around 1,500 companies — SMEs as well as larger customers — with exposure in segments such as aerospace and defense. Verisurf offers modular-based easy-to-use software solutions for quality inspection, assembly guidance, and reverse engineering, that are built on the Mastercam Design (CAD) platform. “Verisurf will strengthen our metrology offering and ability to support the growing customer demand for precision measurement and quality assurance in manufacturing. The acquisition fits very well with our strategy to grow in
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Oracle Corporation announced fiscal 2025 Q3 results. Total Remaining Performance Obligations were up 62% year-over-year in USD, and up 63% in constant currency, to $130 billion. Total quarterly revenues were up 6% year-over-year in USD, and up 8% in constant currency, to $14.1 billion. Cloud services and license support revenues were up 10% year-over-year in USD, and up 12% in constant currency, to $11.0 billion. Cloud license and on-premise license revenues were down 10% in USD and down 8% in constant currency, to $1.1 billion. Q3 GAAP operating income was $4.4 billion. Non-GAAP operating income was $6.2 billion, up 7% in USD, and up 9% in constant currency. GAAP operating margin was 31%, and non-GAAP operating margin was 44%. GAAP net income was $2.9 billion, up 22% in USD, and up 27% in constant currency. Non-GAAP net income was $4.2 billion, up 6% in USD, and up 9% in constant currency.
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Axiom Space has selected software from the Siemens Xcelerator portfolio to enhance the development processes for building era-defining space infrastructure. Siemens’ software will help Axiom Space to optimize the critical work on its next-generation commercial space station and spacesuit programs. “After an extensive selection process, we chose to work with Siemens to enable Axiom Space to refine our workflows and simplify complex processes, connecting the dots between design, manufacturing, analysis, and operational phases,” said Dave Romero, Axiom Station Program Manager, Axiom Space. “Using Siemens’ software, we can test and simulate our designs before we build them, allowing us to progress with more agility and increased flexibility.” Using the Siemens Xcelerator portfolio will empower Axiom Space to enhance its efficiency, reduce costs, and streamline manufacturing, testing, tracking and fielding processes, advancing development of both Axiom Station and the Axiom Extravehicular Mobility Unit (AxEMU). This software solution makes it possible for Axiom Space to create digital threads and
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Bamboo Rose announced plans for Wakefern Food Corp. to adopt its TotalPLM™ product development and supply chain platform. This new collaboration represents an expansion of Bamboo Rose’s work with the supermarket cooperative and is designed to enhance the development of Wakefern’s popular Own Brand offerings across its 365+ stores. By utilizing Bamboo Rose TotalPLM for product development, sourcing, and supplier relationship management, Wakefern aims to drive top-line revenue growth, expand its Own Brand penetration, and maximize product launch success while reducing costs. “At Wakefern, we are committed to delivering the best products to our customers,” said Pam Ofri, Director of Own Brands at Wakefern Food Corp. “Working with Bamboo Rose enables us to streamline product development, improve supplier collaboration, and speed up time to market for our value driven, award-winning line of store brands that includes Bowl & Basket, Wholesome Pantry, and Paperbird. We’re excited to see the positive impact this new technology will have on our customers, brands, and
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IFS, the leading enterprise cloud and Industrial AI software provider, today announced Bergene Holm, a major Norwegian producer of wood-based construction products, is set to implement IFS Cloud to strengthen core business areas including production, logistics, and financial management. An IFS customer since 2011, Bergene Holm chose to upgrade to IFS Cloud to ensure continuous access to the latest features and updates, enabling the company to handle the rapidly evolving technological landscape. The company will leverage the platform’s improved integration capabilities, user-friendly customizable interfaces, and powerful automation functionality. This migration will enable the company to quickly adapt processes and workflows in response to changing business demands, efficiently adjust its production schedules, respond to market fluctuations, and optimize resource allocation in real-time. IFS Cloud’s ability to track materials and products throughout the supply chain from sourcing to end use was critical to the decision, supporting Bergene Holm’s commitment to ensuring sustainability, traceability, and
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Centric Software® is pleased to announce that H&H Group has selected Centric PLM™ to drive efficiency and streamline growth. Centric Software provides the most innovative enterprise solutions to plan, formulate, develop, procure, manufacture and sell consumer goods products in cosmetics & personal care, food & beverage, fashion and multi-category retail to achieve strategic and operational digital transformation goals. Founded in 1999, H&H Group was listed on the Hong Kong Stock Exchange’s Main Board in December 2010. The Group’s core businesses focus on three key areas: infant nutrition and care (BNC), adult natural health nutrition and care (ANC) and pet nutrition and care (PNC). With a strong commitment to creating differentiated, high-quality products and building desirable brands, H&H Group aims to become a leader in the global premium nutrition and health industry. H&H Group’s portfolio includes seven powerhouse brands: Biostime, a global leader in maternal and infant nutrition, Swisse, the Australian natural health brand,
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