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CoreLogic®, a leader in global property information, analytics and data-enabled solutions, announced the launch of Araya™, a property and location intelligence platform built for the age of AI. Araya provides professionals across the property industry one-stop access to best-in-class, comprehensive property information and analytics that are critical to everyday decision making. Built for more than 5 million property industry professionals including loan officers, appraisers, mortgage originators, servicers, insurance underwriters, developers, agents, brokers, real estate lawyers and housing regulators, Araya delivers CoreLogic’s high-quality data with AI-enabled analytics to fuel comprehensive property, market and portfolio insights through an easy-to-access platform. Built upon an extensive database covering 99.9% of U.S. properties, Araya provides deep insights on individual properties, a broad understanding of the market and an analysis of the overall risk and opportunity in client portfolios. Solutions include Property Intelligence, Market Intelligence, Precision Marketing, Climate Risk Analytics and more, enabling users to quickly navigate dynamic housing conditions and make

LTIMindtree, a global technology consulting and digital solutions company, announced the launch of their new comprehensive ESG digital transformation platform- Smart Spaces 2.0. With Smart Spaces 2.0, existing and new buildings can be fitted with the latest IoT devices, and facilities teams can instantly access key data on the platform pertaining to operational and environmental metrics such as energy, emission, water and waste. It can help achieve significant savings and operational excellence for investors, landlords, building managers and tenants across residential and office buildings. In commercial and industrial settings, Smart Spaces 2.0 can help with end-to-end ESG reporting across key factors, while delivering predictive maintenance and repair inputs. Clients can also integrate Smart Spaces 2.0 with their existing building and plant management systems to take instant action on alerts provided by the system. Smart Spaces 2.0, a comprehensive suite available through iNXT- LTIMindtree’s Digital Transformation Platform, helps enable intelligent and connected building spaces, ensuring

OpenBOM, a leading provider of cloud-based PDM and PLM software, helps manufacturing companies manage their digital product information, organizing bills of materials and parts, inventories, and managing the digital thread of information across the value chain connecting OEMs, contractors, and suppliers, today announced a significant update tailored specifically for PTC Onshape users.  OpenBOM is thrilled to announce a major update to our integration with Onshape, designed to elevate performance, improve user experience, and align with Onshape’s latest features. This update brings faster BOM generation, a more intuitive interface, and enhanced functionality, ensuring a seamless, efficient workflow for users. As Onshape continues to innovate, OpenBOM is committed to keeping pace and delivering the best possible experience for our users. The new update focuses on three key areas: performance, interface design, and expanded support for Onshape’s evolving capabilities. With improved speed for generating and updating BOMs, simplified settings, and better management of assemblies and

Oracle announced new AI-powered capabilities within Oracle Fusion Cloud Service and Oracle Fusion Cloud Field Service that help service teams increase productivity, better understand customer issues, and serve their customers more effectively. The latest updates improve customer satisfaction by automatically identifying customer issues, recommending actions, streamlining resolution, and improving first-time fix rates. “Service teams are expected to deliver consistent, on-demand, around-the-clock customer care and in this environment, every second of time saved helps improve the experience and build loyalty,” said Jeff Wartgow, vice president, Oracle Service. “With these new capabilities, Oracle is adding AI-powered insights, authoring, and recommendations across the service lifecycle to help organizations more efficiently deliver service that elevates the entire customer experience.” Oracle Service and Oracle Field Service are a part of Oracle Fusion Cloud Customer Experience (CX), a connected suite of applications that helps organizations create, manage, serve, and nurture lasting customer relationships. Built with embedded AI and leveraging contextual service data, Oracle

 PDF Key Takeaways The best known products from the PLM Components business of Siemens Digital Industries Software include Parasolid, the solid modeling kernel, and JT, the ISO standard visualization format, but Siemens also has components to support geometric constraints, kinematics, and rendering, as well as complete OEMable products such as Solid Edge and Femap. PLM components’ products are used extensively by Siemens, partners, industrial organizations, and even competitors to bring higher quality products to market faster. Several serious competitors, including Dassault Systèmes SOLIDWORKS and PTC Onshape, have been customers for a decade or more, proving that the level playing field touted by Siemens is real and fully honored. Customer presentations and discussion panels included well-known companies such as Ansys, PTC (Onshape), smaller, but well-respected companies, like Optitex and MasterCAM, and startups such as Simscale, Luminary Cloud, and nTop. CIMdata had the pleasure of attending the Siemens PLM Components Innovation Conference in Boston, Massachusetts, on September 24

Flow Science, Inc. announces the acquisition of Flow Science Deutschland and XC Engineering, both long-standing distributors of FLOW-3D products in Europe. XC Engineering, which has represented FLOW-3D products in Italy and France, will become Flow Science Mediterranea. The company will be led by Mr. Stefano Mascetti, who continues his previous role with XC Engineering as Managing Director. Mr. Mascetti will be leading an expanded team, which includes all XC staff. “I am deeply grateful to the entire team of managers, former directors, and employees of XC Engineering, who have always brought a great added value to the company through their expertise, providing support to our customers, and showing a constant enthusiasm in their work,” said Mr. Mascetti. “This merger will certainly contribute to raising the level of customer service, making resources more efficient and benefiting from a greater know-how and collaboration with Flow Science and our colleagues in Europe.” Flow Science Deutschland will continue to represent FLOW-3D products in

Aurigo Software, the leading provider of capital planning and construction management software for infrastructure and private owners, announced the opening of its new campus in Austin, Texas. The company’s rapid growth over the past few years led to expansion and the need for a larger facility. This development also reflects Aurigo’s dedication to fostering a collaborative and adaptable work environment for its teams while strengthening its connections with Austin’s thriving technology ecosystem.  “As we transitioned back to in-person collaboration post-COVID, we saw an opportunity to create a workspace that truly supports Aurigo’s growth and dynamic, hybrid work culture,” said Balaji Sreenivasan, CEO and founder of Aurigo Software. “With over 30% annual growth for three consecutive years and a 100% increase in our Austin and global workforce, our new Austin campus embodies our vision for the future—featuring advanced training centers, modern collaboration spaces, customer experience centers that support both in-person and remote participants, and

Electronic System Design (ESD) industry revenue increased 18.2% to $4,685.5 million in the second quarter of 2024 from the $3,962.7 million registered in the second quarter of 2023, the ESD Alliance, a SEMI Technology Community, announced today in its latest Electronic Design Market Data (EDMD) report. The four-quarter moving average, which compares the most recent four quarters to the prior four, rose 18%.  “The electronic design automation (EDA) industry reported substantial revenue growth in Q2 2024,” said Walden C. Rhines, Executive Sponsor of the SEMI Electronic Design Market Data report. “All product categories reported increases, with IC Physical and Semiconductor IP and Services posting double-digit growth. Further, all geographic regions reported double-digit growth.” The companies tracked in the EDMD report employed 63,188 people globally in Q2 2024, a 6.8% jump over the Q2 2023 headcount of 59,160 and up 2.5% compared to Q1 2024. The quarterly EDMD report contains detailed revenue information with the following category and geographic breakdowns. Revenue by

Honeywell announced a plan to spin off its Advanced Materials business into an independent, U.S. publicly traded company, which is targeted to be completed by the end of 2025 or early 2026. Honeywell expects to execute the planned spin in a tax-free manner to its shareowners. As a leading global provider of sustainability-focused specialty chemicals and materials, this pure-play business will be well-positioned to benefit from an enhanced strategic focus and the financial flexibility to pursue innovation and growth opportunities through investment cycles. Further, the planned spin-off will enable Honeywell to progress its strategic priorities of accelerating organic growth, evolving its Accelerator operating system, and optimizing its portfolio. "Given the sustained market demand for advanced specialty chemicals and materials around the globe, we are confident now is the right time for this business to grow independently, leveraging its leading technologies and deep customer relationships. As a sector leader, this new company will have a greater

Schneider Electric, the leader in the digital transformation of energy management and automation, announced the opening of their newest facility in North Haven, Connecticut. Retrofit from an existing building, this state-of-the-art 90,000-square-foot all-electric facility demonstrates the company’s focus on modernization and circularity, giving new life to the existing location. Representing an investment of more than $15M, the cutting-edge facility is a hub for the Schneider Electric Services group and home to more than half of the company’s employees in Connecticut. Recently recognized as the world’s most sustainable company, this facility is an example of Schneider Electric putting its principles into action, prioritizing circularity and modernization in its reconstruction, similar to the activities of the team located there, as an example for both customers and the community. This opening expands the Services group’s capacity for retrofitting existing electrical devices with the latest digital, environmentally friendly technology, offering end user customers a less expensive, more sustainable and circular solution