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Items filtered by date: November 2015 - CIMdata
Oracle announced that NTT DATA Japan, a global digital business and IT services leader that is part of the NTT Group, has selected Oracle Alloy to help Japanese organizations across the public and private sector accelerate the use of cloud services while addressing data sovereignty and compliance requirements. With Oracle Alloy deployed in its data centers, NTT DATA Japan will be able to give its customers access to 150+ Oracle Cloud Infrastructure (OCI) services, including the latest AI capabilities. Oracle Alloy is a complete cloud infrastructure platform that enables Oracle partners to become cloud service providers. With Oracle Alloy deployed in two of its data centers, NTT DATA Japan will be able to expand OpenCanvas, its sovereign cloud for domestic organizations, by offering the latest OCI capabilities, including infrastructure and platform services, and cloud-native development tools. Additional capabilities powered by Oracle Alloy are scheduled to be available on OpenCanvas in the Japan East region
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Rockwell Automation, the world’s largest company dedicated to industrial automation and digital transformation, announced Gustavo Zecharies is named president, Europe, Middle East and Africa (EMEA) region, effective immediately. As president, Zecharies will report to Scott Genereux, SVP and Chief Revenue Officer, and he succeeds Susana Gonzalez, who leaves Rockwell to pursue other opportunities. In this role, Zecharies will lead and provide strategic direction for sales, services, and solutions in the EMEA region with a focus on growing the original equipment manufacturer segment, which accounts for a significant portion of the region’s business. He will drive revenue growth, strategic initiative performance, improved sales force effectiveness, and people development in the organization. Most recently, he served as regional vice president, Latin America, in Global Sales & Marketing. He brings a strong background in business management and sales leadership. Zecharies also has prior experience as a technical director leading software developers in the manufacturing
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Siemens and ServiceNow announced a new collaboration, that debuted at the ServiceNow World Forum in Munich. The companies intend to enhance industrial cybersecurity and drive the integration of generative AI into shopfloor operations. This mutual cooperation leverages Siemens' Sinec Security Guard for industrial vulnerability management and the Siemens Industrial Copilot for generative AI-powered automation – with ServiceNow providing the workflow automation needed to streamline and enhance factory operations.  According to a recent market analysis, the industrial cybersecurity market is expected to reach $21.6 billion by 2028, driven by increasing threats to operational technology (OT) systems and the need for more comprehensive vulnerability management. The application of generative AI in industrial settings is also predicted to grow exponentially, with companies seeking to improve operational efficiency and human-machine collaboration. Cathy Mauzaize, President EMEA at ServiceNow, said: “Our collaboration with Siemens represents a pivotal step in enhancing operational technology security and harnessing the power of generative
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Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has expanded its collaboration with NVIDIA to launch industry-specific solutions and offerings that will help customers adopt artificial intelligence (AI) faster and at scale. These solutions and offerings will be delivered through TCS’ new business unit focused on NVIDIA, under its AI.Cloud business unit. TCS’ new business unit builds on a collaboration with NVIDIA for over five years, brings together the complementary capabilities of both organizations and offers tailored offerings for various industries. Enterprises worldwide are racing to adopt AI but there is no consensus on an AI adoption strategy, according to the recent TCS AI for Business Study. The AI adoption journey for every enterprise is unique and involves an interplay of AI and existing enterprise capabilities. AI adoption at scale requires an intimate understanding of the enterprise and its practices and building AI models that are
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Tech Mahindra, a leading global provider of technology consulting and digital solutions to enterprises across industries, announced the establishment of a Center of Excellence (CoE) powered by NVIDIA platforms to drive advancements in sovereign large language model (LLM) frameworks, agentic AI, and physical AI. Based on the Tech Mahindra Optimized Framework, the CoE leverages the NVIDIA AI Enterprise software platform — including NVIDIA NeMo, NVIDIA NIM microservices and NVIDIA RAPIDS — to offer customized, enterprise-grade AI applications to help its clients adopt agentic AI in their businesses. Agentic AI significantly improves productivity by enabling AI applications to learn, reason, and take action. The CoE also uses the NVIDIA Omniverse platform to develop connected industrial AI digital twins and physical AI applications across various sectors, including manufacturing, automotive, telecommunications, healthcare, banking, financial services and insurance. Leveraging the capabilities of the CoE, Tech Mahindra has also developed Project Indus 2.0, an advanced AI model powered by NVIDIA NeMo based on Hindi and dozens of
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Atos, a global leader in digital transformation, high-performance computing and information technology infrastructure, announces its revenue for the third quarter of 2024. Jean Pierre Mustier, Atos Chief Executive Officer, declared: “With our financial restructuring plan and our new governance in place, Atos can confidently focus on its industrial turnaround and growth under the leadership of Philippe Salle. He is the best person to lead our transformation journey and restore confidence in Atos. I have seen a positive change of perception with our clients, who have taken note of our restructuring, and are looking to resume a normalized interaction with us. I expect stronger commercial activity in the coming months, with the anticipated return of multi-year strategic contracts with existing customers. I would like to take this opportunity to sincerely thank our employees for their ongoing commitment, and our customers and partners for their continued support.” Revenue by Businesses In € million Q3 2024 Revenue Q3 2023 revenue Q3 2023
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Dassault Systèmes reports its IFRS unaudited estimated financial results for the third quarter 2024 and nine months ended September 30, 2024. The Group’s Board of Directors approved these estimated results on October 23, 2024. This press release also includes financial information on a non-IFRS basis and reconciliations with IFRS figures in the Appendix. Summary Highlights1 (unaudited, non-IFRS unless otherwise noted, all growth rates in constant currencies) 3Q24: total revenue rose 4% to €1.46 billion driven by subscription revenue up 8%; 3Q24: sequential improvement of MEDIDATA revenue; 3Q24: operating margin of 29.6% and EPS at €0.29, in line with guidance; YTD24: IFRS cash flow from operations up 6% as reported; FY24: confirming diluted EPS objectives of €1.27 - €1.30, while updating total revenue growth from 6 - 8% to 5 - 7% to reflect the continued scrutiny and contraction of the automotive market. Anticipating total revenue growth acceleration at 8% mid-point in 4Q24.  1IFRS figures for 3Q24: total revenue at
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Materialise NV, a leading provider of additive manufacturing and medical software and of sophisticated 3D printing services, announced its financial results for the third quarter ended September 30, 2024. Highlights – Third Quarter 2023 Total revenue increased 14.2% to 68,652 kEUR compared to 60,130 kEUR for the third quarter of 2023. Gross profit as a percentage of revenue for the third quarter of 2024 was 57.2%, compared to 56.0% for the third quarter of 2023. Adjusted EBIT increased to 4,408 kEUR for the third quarter of 2024 from 2,330 kEUR for the 2023 period, while Adjusted EBITDA increased to 9,895 kEUR for the third quarter of 2024 from 7,857 kEUR for the 2023 period. Net profit for the third quarter of 2024 was 3,038 kEUR, or 0.05 EUR per diluted share, compared to 4,013 kEUR, or 0.07 EUR per diluted share, for the corresponding 2023 period. CEO Brigitte de Vet-Veithen commented, “In the third quarter of 2024 Materialise once again delivered strong operational
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Trimble will hold a conference call on Wednesday, November 6, 2024 at 8 a.m. ET to review its third quarter 2024 results. The call will be broadcast live on the web at http://investor.trimble.com. Investors without internet access may dial into the call at (888) 660-6347 (U.S.) or (929) 201-6594 (international). The conference ID is 1043223. To view the original press release, please click here. Search for Trimble on CIMdata.com
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JDM Technology Group, a global leader in providing best in class ERP software solutions, has acquired Degama Systems, a prominent ERP software provider to the transportation industry. Degama was owned by Streamline Transportation Technologies and Tom Greenwood. The transaction closed on October 15th with approval from the owners. Degama is a trusted provider of cloud based trucking management software to fleets across Canada and the United States. Its comprehensive ERP software helps mid-size and large trucking firms streamline accounting and operations for maximum efficiency. “Like JDM, Degama was built on a foundation of strong customer relationships and a desire to help businesses work efficiently across their entire operation,” said Streamline CEO Mitchell Zulinick and Degama President Tom Greenwood in a joint statement on the transaction. “We believe Degama and its customers will see substantial benefits from this new ownership, which shares our commitment to customer satisfaction and long term growth.” As a global company with more
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