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Items filtered by date: November 2015 - CIMdata
Hewlett Packard Enterprise will conduct a live audio webcast of its conference call to review its fourth quarter and full year financial results for fiscal 2024, which ended October 31, 2024. The call is scheduled for Thursday, December 5, at 4:00 p.m. CT (5:00 p.m. ET), and the webcast will be available at www.hpe.com/investor/2024Q4Webcast. A replay of the webcast will be available at the same website shortly after the call and will remain available for approximately one year. For additional information, see investors.hpe.com. To view the original press release, please click here. Search for HPE on CIMdata.com
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Matterport, Inc. (“Matterport” or the “Company”), the leading spatial data company driving the digital transformation of the built world, announced financial results for the quarter ended September 30, 2024.  “I’m pleased to share our third-quarter 2024 results, highlighting our continued success driving efficient growth,” said RJ Pittman, Chairman and CEO of Matterport. “Total square feet managed reached 47.3 billion, up 34% year-over-year, with annual recurring revenue hitting a record $101.5 million, an 11% increase year-over-year,” Pittman added. “Our Fall 2024 Release introduced groundbreaking AI-powered tools designed to elevate digital twin applications and real estate listings. With one-click defurnishing and automated property descriptions from a Matterport digital twin, customers save time, streamline workflows, and enhance their listings. Features like 3D model merge, field tags, and bill-back processing bring unmatched speed, efficiency, and precision to managing spaces at scale for agents, contractors, and enterprise teams alike.” “We believe our innovation pipeline is the strongest
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Sports brand PUMA India and Accenture have teamed up to further strengthen PUMA’s supply chain and distribution network in the country. By leveraging Accenture’s expertise in digital twin technology, the collaboration aims to drive faster fulfillment and reduce operational costs for the company. Accenture’s advanced analytics-led solution has redesigned PUMA India’s supply chain and distribution model, spanning large hubs and regional warehouses, to meet consumer demand across all states and union territories with enhanced efficiency. With this, the sports brand is further redefining its fulfilment centre layouts, improving material flow, and enabling faster dispatches — ensuring it stays ahead of evolving consumer expectations with quicker deliveries and reduced shipping costs. Accenture’s solution, set to be implemented across PUMA India’s eCommerce and offline channels, aims to increase order speed of delivery by up to 70% and reduce supply chain costs by up to 10%. It is also expected to help the company double
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Aspen Technology, Inc., a global leader in industrial software, announced a strategic partnership with Landsvirkjun, the largest power producer in Iceland. The utility will be implementing AspenTech OSI Digital Grid Management software that will enable it to enhance real-time control and optimize power generation, ensuring the secure and efficient management of its 18 plants across Iceland. Landsvirkjun is the National Power Company of Iceland and is a pioneer in utilizing renewable resources, generating approximately 70% of the nation's electricity from hydroelectric, geothermal, and wind sources. With Iceland’s electricity sector almost completely reliant on renewable energy, and much of its electricity generated by hydroelectric power stations, Landsvirkjun plays a critical role in power generation for the nation. "This partnership with AspenTech focuses on helping to ensure reliable and efficient power generation for Iceland," said Gunnar Guðni Tómasson, EVP of Hydropower at Landsvirkjun. "AspenTech’s Digital Grid Management solutions will help us to more efficiently obtain data for analysis, support faster and more accurate decision-making and enable us to
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Dassault Systèmes announced that Volvo Cars has chosen to deploy Dassault Systèmes’ 3DEXPERIENCE platform within its engineering processes for vehicle development. With an automotive industry constantly evolving toward electric, connected and autonomous mobility, companies must be able to accelerate the launch of advanced solutions. The 3DEXPERIENCE platform helps automotive manufacturers streamline enterprise-wide collaboration and deliver data-driven approaches to manage complexity in the electric vehicle market. They can share real-time information with multiple teams worldwide, and build up their revenue pipeline by reducing engineering time, lead time and costs, maximizing the reuse of parts, increasing product quality, and overcoming regulation challenges. Volvo Cars, which was already using Dassault Systèmes’ CATIA applications, chose to strengthen the role of Dassault Systèmes as its partner to complete its mission to be a fully electric automotive company.1 The automaker can benefit from a seamless migration of its data from CATIA applications and third-party solutions, to one scalable virtual platform
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Hexagon has announced a new battery cell design solution that combines Fraunhofer ITWM’s electro-chemical simulation technology with Hexagon’s multi-physics material simulation and metrology software to significantly accelerate new battery cell research and development programmes.  Bringing a new battery cell product to market is hugely complex and time-consuming. R&D processes are lengthy, comprising design of experiments (DoE) using first-principles simulations to discover new electrochemical designs, which are tested through physical trial-and-error in a laboratory. There are many steps in the cell manufacturing process that can affect not only the rejection rate, but also the performance of the cell.  Hexagon’s new electro-chemical battery design solution integrates Fraunhofer ITWM’s Battery and Electrochemistry Simulation Tool (BEST) solver within Hexagon’s Digital Materials suite, enabling efficient multi-physics exploration of cell designs while accounting for effects from manufacturing processes.  This “virtual laboratory” has significant cost and productivity benefits. Through a single user interface, customers can model the microstructure of the
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In a breakthrough collaborative project, a team of experts from Tel Aviv Medical Center, PTC, and Hexagon has created a breakthrough fully customized scapula implant for a 16-year-old cancer patient. The team utilized state-of-the-art additive manufacturing and medical imaging to design and produce a titanium scapula implant tailored precisely to the patient’s anatomy. The experts conducted a 3D segmentation of the tumor and surrounding bone to facilitate effective reconstruction. A digital twin of the anatomical model was created and printed at a 1:1 scale to assist in preoperative planning and to delineate the resection margins. Concurrently, an advanced custom 3D-printed implant was designed using PTC Creo software to provide anchorage for the remaining muscle stumps and to reconstruct the glenohumeral and acromioclavicular joints. The surgery proceeded as planned, the personalized implant fit seamlessly, and the patient began regaining mobility within a few days. Essential requirements and challenges for the implant design included: Preservation of
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Simulations Plus, Inc. (“Simulations Plus”), a leading provider of biosimulation, simulation-enabled performance and intelligence solutions, and medical communications to the biopharma industry, announced that it has been awarded a newly funded grant from the U.S. Food and Drug Administration (FDA) to use physiologically based pharmacokinetic (PBPK) approaches in GastroPlus® to build and validate mechanistic in vitro-in vivo correlations (IVIVCs) for long-acting injectable (LAI) technologies through a joint proposal with the University of Connecticut’s School of Pharmacy, Department of Pharmaceutical Sciences. This project aims to use the GastroPlus PBPK platform to investigate the intricate relationship between LAI formulation critical quality attributes (CQAs) and physiological factors at the injection site to accurately predict in vivo drug release and absorption. Dr. Diane Burgess, Board of Trustees Distinguished Professor of Pharmaceutics and Pfizer Distinguished Endowed Chair of Pharmaceutical Technology at the University of Connecticut and her lab will generate in vitro and in vivo data for marketed LAI suspension products using novel discriminatory systems. The
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PROS Holdings, Inc., a leading provider of AI-powered SaaS pricing, CPQ, revenue management and digital offer marketing solutions, announced that TAP Air Portugal will expand its use of PROS market-leading revenue management and pricing tools to create optimized offers and fuel its path to modern airline retailing. By adopting PROS latest innovation in revenue management capabilities, as well as expanding its use of PROS Real-Time Dynamic Pricing and Group Sales Optimizer, TAP will create more optimal offers that increase booking conversions, improve customer satisfaction and react more quickly to changing market dynamics. PROS Revenue Management with Willingness-to-Pay (WTP) enables TAP to leverage PROS most advanced AI-powered solution to forecast the relationship between price and demand, optimizing class availability based on price sensitivity. This helps TAP tailor offers by customer segment without alienating budget-conscious travelers. Understanding WTP also allows TAP to price strategically in their markets, maximizing revenue while remaining attractive to specific customer segments. Mario
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Vertiv is collaborating with Ansys to digitally transform its design of data center cooling systems. Ansys digital engineering technology will help Vertiv improve scalability, enable early decision-making, and empower sales teams to swiftly provide customer quotes, reducing their go-to-market timelines. Heat exchanger (HX) coils are key to the operation of data center thermal management systems; they efficiently transfer heat away from hardware and are highly customizable. However, HX coils are challenging and time-consuming to design given the complexity of the multiphysics and design expertise involved. With Ansys technology, Vertiv's engineering team can reduce development time and create predictively accurate, reliable designs. Specifically, Minerva enables experts and non-experts to build and publish web applications to search for designs or generate new ones that meet customer requirements. This accessibility eliminates the designer-to-engineer handoff that causes time delays. With the AI-enhanced optimization framework of optiSLang, Vertiv can reduce material usage and lower costs by rapidly simulating ideal
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