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Items filtered by date: November 2015 - CIMdata
Roadzen Inc. ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, announced its second quarter and six-month financial results for the period ended September 30, 2024. Rohan Malhotra, Founder and CEO of Roadzen, stated, "This quarter marked substantial progress in revenue acceleration, product development, and cost reduction. With 33% sequential revenue growth and a 25% improvement in Adjusted EBITDA loss from the prior quarter, we are advancing our long-term strategy. We expect revenue momentum to continue in the second half of FY25 as we aim to resume U.K. sales and pursue growth in the U.S. and India." Malhotra continued, “The verticalization of AI for legacy industries like insurance presents a generational opportunity, and our pioneering work at the convergence of AI, insurance and mobility delivers a better auto insurance experience to clients across the world. Our technology enables precise risk assessments, personalized pricing, real-time claims
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In fiscal 2024 (ended September 30, 2024), Siemens successfully continued its profitable growth trajectory, made important strategic progress and achieved record highs as a leading technology company.  “In another successful fiscal year, we delivered record profit and stringently executed our strategy. In particular, we benefited from continuing strong demand for electrification, transportation and our industrial software offerings while our automation business remained challenging,” said Roland Busch, President and CEO of Siemens AG. “Starting in fiscal 2025, we will take Siemens to the next level of value creation. We will continue to invest in R&D and M&A to secure faster growth based on our technological strengths and ability to scale across industries. Our planned acquisition of Altair reinforces our leadership in industrial software and AI. Our ability to combine the real and digital worlds is unmatched.” “At €9.5 billion, we again achieved excellent free cash flow in fiscal 2024,” said Ralf P. Thomas, Chief Financial Officer of
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ALLPLAN, a global provider of AEC software, has successfully delivered version 2025 of its structural analysis software FRILO, bringing a variety of new, powerful features and program updates to the market. The highlights of FRILO 2025 include a direct interface to the BIM software ALLPLAN for more efficient reinforcement of reinforced concrete columns, the new PLUS program SLS+ for the design of splice connections, and the option of designing one- and two-sided transverse joints to timber beams with the HO12+. Design of Splice Connections with SLS+ New reinforcement workflow with B5+ and ALLPLAN Dimensioning of transverse joints to timber beams with HO12+ Simulation of partial core failure of the timber beams with HTV+ New design options for mast foundations with FDM+ With the new version FRILO 2025, ALLPLAN launched a new PLUS program for designing single-axis stressed bolted girder joints with splices for steel constructions. SLS+ allows structural engineers to define splice connections that are characterized
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With the susietec® toolset, Kontron, a leading global provider of IoT/Embedded Computing Technology (ECT), offers a combination of software, hardware and expertise, that enables companies to implement holistic digital transformation solutions. Thanks to the expansion of the hardened Linux®-based KontronOS operating system, Kontron susietec® IoT Bundles offer more flexibility for cross-industry IoT applications. With the susietec® IoT Bundles, Kontron supports international digital transformation projects with specially matched solutions consisting of software and hardware products. The latest update of KontronOS offers the option of securely installing and updating native applications in addition to Docker containers, while the subsystem remains in read-only mode. This ensures a significantly higher level of security, because the system core remains impenetrable. The KontronOS update function includes both the operating system and customer applications. This provides a flexible and secure environment for the widest range of applications. The integration of this new functionality makes KontronOS an even stronger platform for the secure
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Lantek v44 Strengthens Connectivity Between Workshop and MES Systems to Enhance Real-Time Operational Control, Data Flow, and Decision-Making Lantek, a global pioneer in the digital transformation of sheet metal cutting and processing, will showcase its latest developments at the upcoming MetalMadrid event, taking place on November 20-21 at IFEMA, Madrid. The company will welcome over 14,000 expected visitors from its stand 9E31, located in Hall 9 of the Madrid exhibition center.  Lantek v44: Connect. Live. Smart. MetalMadrid will serve as the launch venue in Spain for Lantek’s latest software suite, Lantek v44. This release marks a major step forward in smart factory technology, redefining productivity with its "Connect. Live. Smart" approach. The new version enhances connectivity, data flow, and real-time decision-making, leveraging cutting-edge tools. Lantek’s software suite provides unparalleled visibility, radically transforming how sheet metal manufacturers operate.  Machine Connectivity Technology Machine connectivity is a key advancement for the metal industry, enabling the direct transmission of machine
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MathWorks, the leading developer of mathematical computing software, and NXP® Semiconductors, the worldwide leader in automotive processing, announced the availability of the Model-Based Design Toolbox (MBDT) for Battery Management Systems (BMS). The toolbox enables engineers to model, develop, and validate BMS applications in MATLAB® and Simulink®, automate C code generation from MATLAB for NXP Battery Cell controllers, and also support NXP’s software solution, the BMS SDK components. BMS is crucial for EVs as it ensures the optimal performance, durability, and safety of the battery packs that power these advanced vehicles. The BMS design process increasingly relies on modeling and simulation to fine-tune algorithms tailored to EVs' specific battery cell types and battery pack configuration. Model-Based Design enables the efficient design of the BMS algorithms, providing a means to test them in simulation for different scenarios, such as driving habits, environmental conditions, and fault occurrences. MBDT for BMS makes it easy for engineers to transition directly from Simulink models to
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Siemens Digital Industries Software announced today the latest advancement in its electronic systems design portfolio. The next generation release takes an integrated and multidisciplinary approach, bringing together Xpedition™ software, Hyperlynx™ software and PADS™ Professional software into a unified user experience that delivers cloud connectivity and AI capabilities to push the boundaries of innovation in electronic systems design.  The challenges of engineering talent shortages, supply chain uncertainties and the increasing complexity of designs in the electronic systems design industry have impacted engineers and the development ecosystem, hindering their ability to meet the demands of modern electronics development.  Siemens' next-generation electronic systems design solution aims to address these challenges head-on by delivering an intuitive, AI-enhanced, cloud-connected, integrated and secure solution to empower engineers and organizations in this dynamic environment.  "We are thrilled to announce the release of our next-generation electronic systems design solution, tailored to meet the critical needs of today's electronics engineers and the
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SoftInWay Inc., a leading provider of turbomachinery design and thermal fluid system modeling solutions, is excited to introduce its groundbreaking Power Tokens Licensing Program for the AxSTREAM Platform. This innovative licensing model, the first of its kind in the turbomachinery design industry, gives engineers unparalleled flexibility to access and utilize AxSTREAM’s comprehensive suite of over 70 modules. With traditional software licenses, companies often commit to fixed terms and specific products, which frequently leads to underutilization. Reports from leading IT consultancies and asset management firms estimate that nearly 40% of software spending is wasted due to rigid licensing models. SoftInWay’s Power Tokens Program addresses this issue by allowing organizations to rent a pool of tokens, which can be dynamically allocated across various AxSTREAM modules based on project needs. Engineers simply assign tokens to specific modules as needed and then return them to the pool once their task is complete, making tokens available for
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Stratasys announced enhancements to its GrabCAD Print™ and GrabCAD Print Pro™ software, introducing emissions estimations to aid in sustainability efforts. In addition, GrabCAD Print is now available for use on the Neo® stereolithography (SLA) platform, allowing customers to use the same GrabCAD Print build preparation software for all 3D printers offered by Stratasys. With the expansion of GrabCAD Print to include the Neo platform, the software now supports all five of Stratasys’ core technologies. This gives users an integrated software experience for streamlined workflows to support their additive manufacturing capabilities. GrabCAD Print Pro for Neo offers users a streamlined, user-friendly SLA build preparation and centralized 3D printer management software package. GrabCAD Print integrates seamlessly with Neo’s Titanium™ software for advanced file management, intuitive support generation, and precise print control. Neo 3D printers are now included in the GrabCAD Print ecosystem, allowing Neo users essential print preparation capabilities free of charge. This new
Published in Newsletter Articles
Trimble® announced enhancements to Trimble App Xchange and launched Trimble Marketplace to expand connections between applications and data across construction workflows. With App Xchange, software developers can build integrations that can be sold as ready-to-use options for customers. These integrations can be found on Trimble Marketplace, which now boasts more than 100 integrations between Trimble products and third-party solutions. The announcement was made at the annual Trimble Dimensions User Conference. Trimble-Marketplace "App Xchange and Trimble Marketplace are key parts of our commitment to facilitating open, interoperable systems and an automated flow of data between solutions from Trimble and other software vendors," said Chris Peppler, vice president of platform and product for Trimble. "We've made it easier for contractors and other software developers to access and use these solutions because data sharing and workflow integration are increasingly vital to operational efficiency, productivity and safety." App Xchange can now be used directly by construction contractors to build integrations between Trimble and other
Published in Newsletter Articles
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