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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 its President and Chief Executive Officer, Andres Reiner, intends to retire from the Company. Mr. Reiner will remain in his role through the completion of the search for his successor and serve as an advisor for a 12-month period thereafter to ensure a seamless succession. The Company’s Board of Directors is executing its succession plan and searching for the next CEO with the assistance of a nationally recognized executive search firm. “I’m incredibly proud of where PROS is as a business and the strong leadership team we have in place. Our strategy, platform, and people are well positioned to continue to set the standard for innovation in our market and drive sustainable long-term growth,” said President and CEO Andres Reiner. “We are committed to finding the best candidate to continue on our

Siemens Digital Industries Software, a global leader in PCB electronic systems design, and CELUS, a pioneer in AI-powered electronic design automation solutions, today announced their collaboration to transform the PCB design landscape for small and medium-sized businesses (SMBs) and independent engineers.  This collaboration combines Siemens’ industry-leading PCB design expertise with CELUS' innovative AI automation platform to create a powerful, user-friendly and cost-effective solution tailored to the real-world needs of engineers. The integration of CELUS’ AI-driven automation with Siemens’ next-generation PCB design solution aims to deliver a fully integrated design environment that accelerates design processes, minimizes errors and brings innovative products to market faster and more efficiently.  Empowering engineers with advanced, accessible tools  Engineers and SMBs often face challenges such as tight budgets, limited resources, and the need to juggle multiple roles. Siemens EDA and the CELUS Design Platform are jointly addressing these pain points by simplifying complex PCB design tasks and reducing the

Altair released its financial results for the third quarter and nine months ended September 30, 2024. Immediately prior to the dissemination of this press release, Altair issued a press release announcing that it has entered into a merger agreement with a subsidiary of Siemens pursuant to which Altair will be acquired and stockholders of Altair will receive cash merger consideration as more fully described in that press release. Third Quarter 2024 Financial Results Software revenue was $138.7 million compared to $119.1 million for the third quarter of 2023, an increase of 16.5% in reported currency and 16.2% in constant currency Total revenue was $151.5 million compared to $134.0 million for the third quarter of 2023, an increase of 13.0% in reported currency and 12.8% in constant currency Net income was $1.8 million compared to a net loss of $(4.4) million for the third quarter of 2023, an improvement in earnings of $6.2 million. Net income per

The Capgemini Group reported consolidated revenues of €5,377 million in Q3 2024, down -1.9% year-on-year on a reported basis, and down -1.6% at constant exchange rates*. Aiman Ezzat, Chief Executive Officer of the Capgemini Group, said: “Our growth improved marginally in Q3 compared to Q2, despite stronger headwinds than anticipated in some sectors, primarily in Manufacturing. However, we continue to see recovery in Financial Services and gradually lesser headwinds from Telco and Tech. In a market that remains soft overall, we expect to deliver a similar growth in Q4 while demonstrating the resilience of our operating margin and organic free cash-flow. Client demand continues to be driven by operational efficiencies and cost reduction and we seize their growing appetite for AI and Gen AI services. Our positioning as a business and technology transformation partner, the relevance of our offerings and the quality of our talent are driving our solid book-to-bill ratio and growing pipeline of strategic deals. We

In the 2024 financial year, CENIT AG acquired majority stakes in two companies. Both companies are fully consolidated in the consolidated financial statements of CENIT AG. CENIT AG is consequently publishing an adjustment to the forecast for the 2024 financial year, according to which consolidated sales of EUR 205-210 million are anticipated (previously EUR 197-202 million). This represents sales growth of more than 10% compared to the previous year. EBITDA will increase by more than 10% year-on-year to a range of EUR 17.9 to 18.4 million.  Despite a satisfactory Q3 result, the Management Board assumes that there is a high probability that Q4 will not see the usual jump in earnings due to the sale of single licenses. We currently see indications of this decline in many areas. In addition to the gloomy overall economic situation, we are seeing a reduction in the number of call-offs in framework agreements in the aerospace industry

Informatica, a leader in enterprise AI-powered cloud data management, announced financial results for its third quarter 2024, ended September 30, 2024. “Q3 was another impressive quarter for us, driven by customer demand for the IDMC platform and continued successful execution of our cloud-only, consumption-driven strategy. We achieved a historic milestone at Informatica by surpassing 101 trillion processed cloud transactions per month. This accomplishment reflects our commitment to product innovation, customer-centricity, and our goal of being the Switzerland of Data and AI,” said Amit Walia, Chief Executive Officer at Informatica. “We see great momentum in AI-powered data management use cases. We believe Informatica is well-positioned to strategically support enterprises and empower customers to leverage AI for data readiness and simplify their data estates.” Third Quarter 2024 Financial Highlights: GAAP Total Revenues increased 3.4% year-over-year to $422.5 million. Total revenues included a negative impact of approximately $1.2 million from foreign currency exchange rates (FX) year-over-year.

Markforged Holding Corporation, the company strengthening manufacturing resiliency by enabling industrial production at the point of need, announced that it will release its financial results for the third quarter ended September 30, 2024, after the market closes on Thursday, November 7, 2024. In light of the pending merger transaction with Nano Dimension Ltd. announced on September 25, 2024, and as is customary during the pendency of such transactions, Markforged will not host an earnings conference call and will not provide forward-looking guidance. To view the original press release, please click here. Search for Markforged on CIMdata.com

Transform Your Business with Siemens Service Lifecycle Management ANN ARBOR, Michigan, USA 31 October 2024—Today, CIMdata, Inc., the leading global PLM strategic management consulting and research firm, published a new eBook focused the application of service lifecycle management (SLM) in the heavy equipment industry and how Siemens Digital Industries Software (Siemens) SLM solutions enable companies in that industry to move to a servitization business model. This eBook describes how a robust SLM solution can enable companies in the heavy equipment industry to aggregate, contextualize, simulate, and analyze operational data captured from managed assets into actionable insight that can drive service planning, improve design for serviceability, and optimize heavy equipment in-service use and operations. Built on Siemens Xcelerator portfolio, Siemens’ SLM solution is a comprehensive, integrated suite of software and services augmented by strategic relationships with third-party service application providers. The core of the SLM solution is Teamcenter SLM, which provides a comprehensive

Altium, a global leader in electronics design and lifecycle management, is set to introduce three transformative product offerings at the upcoming Electronica 2024 conference in Munich, Germany. The highlight, Altium Discover, is designed to address key industry challenges by fostering a trust-based, collaborative ecosystem that brings semiconductor manufacturers, distributors, and product developers together on a unified platform. Altium Discover leverages the proven cloud capabilities of Altium 365 to provide real-time, transparent collaboration, ensuring that all stakeholders in the electronics supply chain can work together with confidence, from discovery through production. The platform not only streamlines workflows but also builds trust—a crucial value proposition in today’s fragmented industry—by ensuring transparency, secure engagement, and accountability throughout the product lifecycle. Building a Connected Ecosystem As the semiconductor and electronics industry grapples with fragmented workflows and disconnected supply chains, Altium Discover offers a trust-based, cloud-based industry solution that enables seamless collaboration across all participants. Semiconductor vendors, distributors, and product developers can securely share information and

What: At electronica 2024, KeysightTechnologieswill showcase a range of solutions designed to accelerate innovations in electronic design and test. Demonstrations will include the new HD3 oscilloscope and the PNA-X vector network analyzer. In addition, Keysight will showcase innovations in RF, digital, power testing, and the latest developments in PathWave Design electronic design automation (EDA) software. When: November 12-15, 2024 Where: Keysight booth: Hall A3, stand 506; Trade Fair Center, Messe München in Munich, Germany Media: Contact Jenny Gallacher to schedule media briefings and solution demonstrations. Keysight will also hold an in-person media breakfast at electronica on Tuesday, November 12, at 9:00 a.m. CET. Interested journalists and industry analysts can contact Jenny Gallacher to reserve a spot. Info: Keysight at electronica 2024 Demonstrations include: High-Speed Digital Testing Debug with 14-bit Resolution: Keysight will demo the new InfiniiVision HD3 series, a 14-bit analog-to-digital converter (ADC) oscilloscope, delivering four times the signal resolution and half the noise floor of other general-purpose oscilloscopes. Newly designed and built from the ground