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Items filtered by date: November 2015 - CIMdata
Hexagon's Asset Lifecycle Intelligence (ALI) division announced the acquisition of CAD Service. CAD Service is a developer of advanced visualisation tools used to integrate computer-aided design (CAD) drawings, BIM models, and Reality Capture data into HxGN EAM, Hexagon's industry-leading asset management solution designed to extend asset lifecycles and improve productivity. CAD Service has maintained a longstanding relationship with Hexagon, having signed a partnership agreement in 2013. The flagship solution, OpenCAD, is already an essential tool for around half of Hexagon's EAM Software-as-a-Service (SaaS) customers. The acquisition enables Hexagon to fully integrate CAD Service's visualisation capabilities into the broader solution set and accelerate the development roadmap. By leveraging CAD Service's expertise in-house, the ALI division will be able to offer more robust and comprehensive EAM solutions, addressing the evolving needs of complex industries, including manufacturing, energy, and transportation as they move to visualise and manage their assets in an increasingly 3D environment. "Acquiring CAD
Published in Newsletter Articles
IBM announced its intent to acquire Applications Software Technology LLC1, a global Oracle consultancy. Applications Software Technology brings deep expertise driving business transformations with Oracle Cloud Applications, including for clients in the public sector such as local government and K-12 education. Public sector cloud transformations frequently face issues that include difficulty transitioning legacy systems, scarce skills or high security and compliance requirements. This acquisition will further enhance IBM's Oracle solutions to help clients across North America, the UK and Ireland address those complexities and drive lasting results in their digital transformations with Oracle Cloud Applications. It will build on IBM's 2024 acquisition of Accelalpha, expanding IBM's ability to help clients deploy, manage and drive value from their Oracle cloud solutions. "Public sector clients' cloud transformations often require a consulting partner with industry, domain and technology expertise," said Kelly Chambliss, Senior Vice President, IBM Consulting, Americas. "The acquisition of Applications Software Technology will boost IBM's public sector and
Published in Newsletter Articles
Tata Technologies Limited, a leading global engineering services company, announced financial results for the quarter ended December 31, 2024. Key highlights for the quarter that ended 31st December 2024: • Total operating revenue at ₹13,174 million, up 2.2% YoY and 1.6% QoQ • Services segment revenue of ₹10,127 million, an increase of 1.2% YoY and 0.8% QoQ • Services segment revenue in constant currency up by 1.1% QoQ • Operating EBITDA at ₹2,340 million; EBITDA margin at 17.8% • EBIT up 3.1% QoQ to ₹2,119 million; EBIT Margin up 20 bps QoQ to 16.1% • Net income at ₹1,686 million; up 7.1% QoQ • Net margin at 12.8%, an increase of 70 bps QoQ • 20 bps sequential improvement in [LTM] attrition to 12.9% • Workforce strength of 12,659 Warren Harris, Chief Executive Officer and Managing Director, said: “I am encouraged by the resilience our business has demonstrated in uncertain economic conditions with revenue growth across both our business segments. We secured
Published in Newsletter Articles
Atos announces the successful integration of Espressive Barista, a GenAI-based Conversational agent into its Digital Workplace Experience Engagement platform. This new feature enables employees to receive instant, personalized, and seamless IT support through consumer-like engagement channels, accessible anywhere, anytime, and from any device. In today’s workplace, the expectations from IT support have heightened. Hyper-personalization, accessibility, immediate request fulfillment, and issue resolution, all in a conversational experience, have become standard requirements. Thanks to Atos and Espressive, employees can engage in natural conversation interactions with a GenAI-powered digital assistant. Espressive Barista Conversational AI helps first-line support agents by providing 24/7 support and decreasing mean time to resolution (MTTR) through automation. This enables agents to allocate more time to higher level issues. Atos and Espressive signed a partnership agreement a year ago. Since then, over 200,000+ Barista licenses have been enabled across various Atos’ Digital Workplace customers, resulting in up to 50% of IT support cases solved at
Published in Newsletter Articles
Centric Software® is thrilled to unveil new innovations to Centric Pricing & Inventory™ that deliver increased value-add including faster performance, greater forecasting accuracy and an elevated user experience. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such as fashion, luxury, footwear, outdoor, home and related goods like cosmetics & personal care as well as multi-category retail to achieve strategic and operational digital transformation goals. Centric Software is regularly featured by leading industry analysts, including Gartner Forrester and IDC. Centric Pricing & Inventory addresses the unique challenges faced by the retail sector focusing on margin maximization through optimal pricing and inventory optimization. The AI-powered solution integrates with Centric PLM™, Centric Planning™ and Centric Market Intelligence™. Centric Pricing & Inventory is an AI-powered solution that manages pricing, inventory allocation, replenishment and stock rebalancing, while providing advanced analytics and market insights for
Published in Newsletter Articles
EON Reality, the world leader in AI-assisted Virtual Reality and Augmented Reality-based knowledge transfer for industry and education, announced the launch of its latest offering, Team-Based Scenario Simulation—a breakthrough solution designed to transform how organizations train, collaborate, and develop critical soft skills in realistic, multi-participant virtual environments. Reinventing Collaborative Role-PlayBuilding on EON Reality’s heritage of single-avatar simulations, this new product introduces multi-user, highly immersive role-plays. Learners step into shared virtual spaces, each taking on a specialized role—whether a doctor, first responder, board executive, or hospitality manager—to tackle complex challenges in real time. By mirroring authentic group dynamics and interpersonal pressures, Team-Based Scenario Simulation delivers: Enhanced Realism: Multiple participants collaborate or negotiate simultaneously, replicating the fast-paced decision-making of today’s workplace. Faster Learning, Deeper Retention: Immersive, hands-on experiences drive better knowledge transfer and long-term retention. Improved Decision-Making: Learners practice rapid problem-solving, conflict resolution, and leadership development under realistic conditions. Scalable, Cross-Industry Use: From healthcare and hospitality to corporate boardrooms and
Published in Newsletter Articles
Sigmetrix, experts in mechanical variation management, announced their latest release of CETOL 6σ tolerance analysis software, version 12.0, is now available for immediate download. Tolerance analysis benefits businesses in many ways. It helps improve profitability by balancing quality with manufacturing cost. Companies can also realize faster time to market by reducing the need for additional design and prototype cycles. Finally, it allows companies to gain confidence in their product and process decisions before making costly investments.   CETOL 6σ enables product development teams to understand the often-complex impact of dimensional and assembly variation easily and fully on their designs. This knowledge enables them to make the proper adjustments before problems appear in manufacturing or, even worse, in their customers’ hands. Users of all expertise levels will appreciate the multiple levels of assistance available within the software. This new release of CETOL 6σ builds upon the powerful features already in place and adds many improvements, including:  A New
Published in Newsletter Articles
Tacton, a global leader in Configure, Price, Quote (CPQ) software and leading SaaS platform simplifying sales and configuration processes for manufacturers of complex products, announced the launch of its Connect to Anything integration capability, powered by Workato, the leading enterprise orchestration platform. This innovative solution transforms how manufacturers integrate Tacton CPQ into their digital ecosystems, enabling seamless connections to over 600 enterprise applications, including CRM, ERP, PLM, PIM, and analytics tools. Manufacturers often face costly inefficiencies from data silos and integration roadblocks as IT teams struggle to keep pace with complex connections. The stakes are high: poor data quality costs organizations an average of $12.9 million annually, according to Gartner’s® 2020 Magic Quadrant™ for Data Quality Solutions. Connect to Anything solves this challenge by making it simple to connect data across applications without heavy reliance on IT. With pre-built connectors, reusable recipes, and a no-code approach, Tacton empowers manufacturers to eliminate silos,
Published in Newsletter Articles
GRAITEC PowerPack for Vault is a powerful extension designed to enhance Autodesk Vault with automation and data management capabilities. With this latest update, we’ve introduced new features and enhancements – shaped by user feedback – to streamline your workflows, particularly in managing email communications, offering even greater flexibility and control. This update ensures full compatibility with Autodesk Vault Client 2024 and 2025, so you can seamlessly integrate the latest tools into your projects. To view the original press release, please click here. Search for GRAITEC on CIMdata.com
Published in Newsletter Articles
 PDF Key Takeaways Companies without a modern, well-integrated PLM strategy and solution struggle to manage end-to-end product development efficiently in a timely manner. Companies that delay implementing PLM miss out on streamlining their product development processes and operational efficiency. This leads to widening gaps between their strategic vision and actual capabilities, higher operational costs, increased time-to-market and lower product quality and innovation. Company leadership without a PLM solution often experience delayed access and visibility to critical product development data for agile decision making to adapt business strategies. Using a PLM solution enables companies to manage complex product development, production, and service across multiple teams providing opportunities for improved efficiency and collaboration to achieve faster product development cycles, better decision making, and the innovation required to meet changing market and customer demands. Challenges of Product Development without PLM Companies without a modern PLM solution face significant productivity challenges. In the absence of a unified system, collaboration is inefficient,
Published in Commentaries
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