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Items filtered by date: November 2015 - CIMdata
BETA CAE Systems International AG is proud to announce that has been successfully renewed its acceptance on to JOSCAR, and continues to be recognised as a fully compliant supplier for several defence companies and major organisations. BETA CAE Systems International, being JOSCAR certified since October 2021, satisfies all the requirements to be fully registered on the JOSCAR supplier accreditation register, as set out by participating buying organisations. JOSCAR (the Joint Supply Chain Accreditation Register) is a collaborative accreditation and compliance system, used by the aerospace, defence, and security industry, to act as a single repository for pre-qualification and compliance information on approved suppliers. Being certified as a registered member and a trusted supplier for the aerospace and defence sectors, assures our clients and partners that the software and services we provide are of the highest quality and comply with the industry standards. Moreover, since organisations from these sectors have strict information security
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Bridgit, the leading provider of workforce planning solutions for the construction industry, announced the launch of its flagship product, Bridgit Bench, into the European Union (EU) and United Kingdom (UK). This expansion, following Bridgit’s first million-dollar quarter last year and five consecutive quarters of revenue growth since, marks a critical milestone in our commitment to empower construction leaders with tools that optimize workforce utilization, enhance project visibility, and support team collaboration across regions. “The European construction market is experiencing rapid growth and demand for construction innovation, partially driven by significant labor shortages,” said Mallorie Brodie, CEO of Bridgit. “Bridgit is uniquely positioned to help contractors get the most from their teams with our people-centric workforce planning and best practices baked into the platform.” Bridgit is a purpose-built, GDPR-compliant solution, offering real-time insights into workforce allocation, project timelines, and resource availability.  Key features of Bridgit Bench include: Real-Time Workforce Visibility: Track project member assignments, skills, and
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The Digital Twin Consortium® (DTC) announced that the University of Central Florida (UCF) Research Foundation has joined DTC. UCF Research Foundation has also agreed to be the Regional Branch Organizer (RBO) for Southeast USA As an RBO, the UCF Research Foundation will facilitate and drive local DTC engagements and activities with regional industry, government, and academic institutions on behalf of the consortium. “The overarching goal of this cooperation is to accelerate the development, adoption and monetization of digital twin technology and digital engineering in the digital economy by preventing fragmentation and harmonizing the efforts in pursuit of these mutual objectives,” said Soheil Sabri, Ph.D. Sabri, an assistant professor in digital twin at the School of Modeling Simulation and Training and serves as the Academia and Research Working Group co-chair and ambassador for academia and research at the DTC. “This collaboration represents a significant step forward in leveraging digital twin technology,” said Grace Bocheneck, Ph.D., director
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EON Reality, the world leader in AI-assisted Virtual Reality and Augmented Reality-based knowledge transfer for industry and education, is thrilled to announce a new Value Added Reseller (VAR) partnership with Qlick Solutions Ltd., an industry-leading provider of professional and trusted tech solutions focused on sustainable enterprise operation in Kenya. With this partnership, Qlick Solutions Ltd. stands at the forefront of EON Reality’s worldwide expansion efforts, increasing the availability of state-of-the-art XR knowledge transfer solutions for immersive and experiential learning across Kenya. Qlick Solutions Ltd., renowned for its pivotal role in digital transformation, drives growth and profitability through technology adoption. Its innovative approach in product development and process automation using disruptive technologies, such as Artificial Intelligence, Augmented Reality, Geospatial Information Systems and mobile communication, cements its position as a regional leader. Nzau Aaron, Founder & CEO, Qlick Solutions Ltd., says of the partnership, “By officially joining forces with EON Reality, Qlick Solutions Ltd. squares
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PROS Holdings, Inc., a leading provider of AI-powered SaaS pricing and selling solutions, announced the appointment of Colleen Langevin as Chief Marketing Officer (CMO). Langevin brings more than 20 years of experience in driving go-to-market success for B2B and B2C companies, building strong brands and helping to accelerate revenue growth for private and public technology brands. As CMO, Langevin will lead PROS global marketing organization and strategy, with a focus on scaling the demand generation engine as well as driving the next phase of digital marketing transformation. These efforts will enhance brand awareness and further propel the company’s strategic objectives by strengthening customer relationships and attracting new logos to drive impactful revenue growth. “Colleen’s extensive experience and unique blend of B2B brand and growth marketing skills make her the perfect fit for PROS as we execute to capitalize on the large market opportunity in front of us,” says Todd McNabb, Chief Revenue Officer, PROS.
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To build on the recent leadership changes announced on October 31, 2024, Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, announced additional updates to its leadership team, effective January 1, 2025. These changes will bring critical skills to key roles, including valuable external perspectives, to sharpen the company’s focus and further enhance Renesas’ ability to execute the long-term growth strategy. Renesas has recently established the UX organization to build on its strong customer relationship and further enhance customer experience by providing a common interface with customers. The UX Group will also serve as the voice of the customer across the four product groups, as well as the Software & Digitalization Group. This organization will add Renesas’ web and marketing functions and system solutions to further enhance the company’s customer experience.Julie Pope, Senior Vice President and Chief Human Resources Officer, has been appointed to lead this organization. In addition to UX, Julie will also be responsible for driving strategic initiatives aimed at
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Trimble has announced its expanded support for The HALO Trust, the world's largest humanitarian landmine-clearance non-profit organization. Trimble is donating an additional 175 Trimble® Catalyst™ GNSS systems, including Trimble DA2 GNSS receivers, to help The HALO Trust further its demining operations across the world. Building on the impact of the ongoing collaboration, Trimble's latest donation will support the expansion and productivity of The HALO Trust's mine clearance teams. The Catalyst GNSS system provides The HALO Trust with a solution for deploying precise mapping capabilities to large field teams across broad geographic areas. More field teams can now be equipped with the necessary tools to safely and efficiently clear landmines, thereby accelerating the pace of landmine clearance globally. Since receiving Trimble's product donations and the Trimble Foundation Fund directed grant, The HALO Trust has made remarkable progress in landmine and unexploded ordnance (UXO) clearance. From January to September 2024 alone, The HALO Trust cleared 802 minefields
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Bechtle AG’s business development remained under pressure in the third quarter against an ongoing tough economic backdrop. Regionally, the picture varies with the Bechtle Group’s most important markets—Germany and France—continuing to be dominated by uncertainty and a reluctance to invest, particularly in the B2B segment. In other European countries, however, Bechtle enjoyed considerable organic growth. Overall, business volume was slightly below the previous year at -1.1 per cent, but revenue went up 2.2 per cent to €1,511.3 m. At €78.6 m, earnings before taxes (EBT) were significantly below the previous year’s €93.9 m. The EBT margin also declined from a very good 6.3 per cent to 5.2 per cent. On 30 September 2024, Bechtle employed 15,608 staff, which is 768 people more year-on-year. Domestic business volume shrank by 8 per cent in the third quarter due to a large-volume software project that had a very positive impact on Q3 2023, which could not be repeated this year. By contrast, Bechtle was able to boost its international business
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DXC Technology reported results for the second quarter of fiscal year 2025. "I am pleased to report another quarter of solid results, with adjusted EBIT margin and non-GAAP diluted EPS exceeding our guidance, and revenue coming in toward the high end of our range," said DXC Technology President and CEO, Raul Fernandez. "I'm proud of how our new leadership team has come together and the early momentum we've seen from our initiatives this year. While there’s more work ahead, particularly in our go-to-market initiatives, we’re focused on execution and building a solid foundation to support stronger performance going forward." Financial Highlights - Second Quarter Fiscal Year 2025 Total revenue was $3.24 billion, down 5.7% year-over-year (down 5.6% on an organic basis). (1) EBIT was $111 million, down 27.5% year-over-year with a corresponding margin of 3.4%. Adjusted EBIT (4) was $279 million, up 11.2% year-over-year, with a corresponding margin (4) of 8.6%. Diluted earnings per share was $0.23, down 53.1% year-over-year.
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Markforged Holding Corporation (the “Company” or “Markforged”), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, announced its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Results Compared To Third Quarter 2023 Revenue was $20.5 million compared to $20.1 million. Gross margin was 49.0% compared to 45.7%. Non-GAAP gross margin was 50.9% compared to 46.9%. Operating expenses were $27.6 million compared to $59.6 million. Non-GAAP operating expenses were $20.5 million compared to $24.9 million. Net loss was $23.4 million compared to net loss of $51.4 million. Non-GAAP net loss was $9.5 million compared to a loss of $13.8 million. Cash and cash equivalents, including restricted cash, were $79.5 million as of September 30, 2024, compared to $93.9 million as of June 30 2024. The balance sheet for the quarter ended September 30, 2024 includes restricted cash in the amount of $19.4 million relating to the surety bond entered
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