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Items filtered by date: November 2015 - CIMdata
CGTech, the global leader in CNC simulation, verification, optimization and post-processing software, is pleased to announce its participation in the International Manufacturing Technology Show (IMTS) 2024. IMTS takes place from September 9-14, 2024, at McCormick Place in Chicago, Illinois, where CGTech will be demonstrating the latest advancements in its suite of manufacturing software at Booth #133340. IMTS is one of the world's largest trade shows dedicated to manufacturing technology, and CGTech’s presence at the event underscores its commitment to driving innovation and efficiency in the industry. Attendees at IMTS 2024 will have the opportunity to explore the latest version of CGTech’s flagship software, VERICUT 9.5, its latest post-processing software release, ICAM V25, and a new standalone optimization product, VERICUT Optimizer. “We are excited to return to IMTS and engage with our valued customers and other industry professionals from around the world,” says Gene Granata, Director of Product Management at CGTech. “IMTS provides
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Rockwell Automation, Inc., the global leader in industrial automation and digital transformation, announces the opening of registration for the 2024 Automation Fair® event. Hosted at the Anaheim Convention Center in California from Nov. 18-21, this year’s event promises a vibrant convergence of innovation, learning, and networking opportunities for industrial operations and technology leaders worldwide. At Automation Fair 2024, makers, creators and leaders from across the globe will gather for the inspiration and innovation needed to do the work that truly matters. The four-day agenda is meticulously curated with exclusive programming found nowhere else, featuring tailored sessions, tracks, tours, and experiences designed to inspire and empower attendees. From hands-on learning to executive forums, attendees will gain insights into overcoming production challenges, enhancing resilience, agility, and sustainability, and making a significant impact in their industries. "As we open registration for Automation Fair 2024, we’re thrilled to bring together a global community of innovators and industry
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Exiger, the market-leading supply chain and third-party risk AI company, announced the acquisition of logistics intelligence platform XSB. The acquisition combines the most comprehensive proprietary purchasing, design and sustainment intelligence and engineering analytics platform with Exiger’s own proprietary data and AI, creating an end-to-end solution for the logistics, PEO and acquisition communities. Founded by data scientists, XSB uses an ensemble of AI-based applications to transform unstructured data into actionable intelligence. XSB’s graph database is widely used across government agencies, platforms and combatant commands, as well as the Defense Industrial Base. The company’s catalog spans 100 million parts and 400 million parts attributes used by the U.S. Federal Government, from camouflage clothing to weapons systems. “This acquisition is in response to a growing number of customers who are eager to bring the power of AI to pain points like depot maintenance, category management, parts obsolescence, parts alternatives, price defensibility, and supply chain optimization, and want
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3D Systems Corporation announced its financial results for the first quarter ended March 31, 2024.  First Quarter Financial Results and Recent Business Highlights  (All numbers are unaudited and are presented in millions, except per share amounts or as otherwise noted) Q1'24 revenue of $102.9 million decreased 15.1% year-over-year primarily driven by lower printer sales, partially offset by growth in materials and services Q1'24 gross profit margin of 39.8% and Non-GAAP gross profit margin(1) of 40.1%. Improvements from prior year primarily driven by favorable mix  GAAP Q1'24 Net loss of $16.0 million or diluted loss per share of $0.12, including approximately $5 million (or $0.04 per share) of fees in excess of original estimates related to extended 2023 audit Q1'24 Negative Adjusted EBITDA(1) of $20.1 million reflects impacts of lower total sales volume, and significantly higher operating expenses primarily driven by the 2023 audit Expect Q2’24 revenues within the range of $113.0 - $113.5 million  Announces timing of Q2'24 earnings and
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Donnerstag, August 22, 2024

Modelon AB Interim report Q2 2024

Continued Modelon Impact growth in Q2 Q2 Highlights ARR increased to MSEK 53.9 (45.5), an annual growth of 18%. Net revenue amounted to MSEK 21.9 (21.1), of which software revenues were MSEK 14.4 (14.4). Cash flow from operations amounted to MSEK -14.6 (-19.8). EBIT amounted to MSEK -12.9 (-12.8). Operating expenses were MSEK 34.8 (34.1), including development costs of MSEK 13.5 (12.4)*. Net income amounted to MSEK -12.4 (-12.4). Earnings per share amounted to SEK -1.13 (-1.13) before dilution. Comments from the CEO My first day as CEO of Modelon was July 1st, and I am proud to have been entrusted to lead this great company. I look forward to working with colleagues to build customer success and shareholder value. I will share my initial thoughts and impressions, together with a summary of the second quarter's key events and results. Commercial update Net revenue in the second quarter of 2024 was 21.9 MSEK, an increase of 4 percent compared with
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Synopsys, Inc. reported results for its third quarter of fiscal year 2024. Revenue for the third quarter of fiscal year 2024 was $1.526 billion, compared to $1.354 billion for the third quarter of fiscal year 2023. "Our strong third quarter results and expectations for a record year continue to demonstrate the resiliency of Synopsys' business," said Sassine Ghazi, president and CEO of Synopsys. "The complexity and pace of technology innovation is accelerating as silicon and systems companies race to capitalize on AI in this era of pervasive intelligence. Synopsys is mission-critical to technology innovation and our customer set is expanding as more companies in more industries define and optimize system performance at the silicon level." "Synopsys delivered an excellent third quarter, setting a new quarterly revenue record and achieving non-GAAP EPS above our guidance range," said Shelagh Glaser, CFO of Synopsys. "The strong momentum across the business is a result of our leadership products and relentless execution. For
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ActCAD 2025 New Version released.This is a major release of Intellicad 13.0 Implemented Flatshot for creating 2D representations of 3D objects Added Solid Profile to generate profiles of 3D solids Introduced Make Shape to convert objects into shapes Enabled Compile to SHX for compiling fonts to SHX format Created Make Linetype for generating custom linetypes Enhanced BIM Support with IFC Validate for validating IFC files Added RVT to IFC for converting RVT files to IFC format Introduced Corner Window Command for managing corner windows in BIM models Enabled Dimension AEC Entities for dimensioning Architectural, Engineering, and Construction entities Improved Manage Layers for .ifc Underlays for controlling layers in IFC underlays Defined New Element Styles for elements like roof slabs, dimensions, and structural members Enabled BMP Out for exporting bitmaps Implemented Undelete for recovering deleted entities Added Copy Nested Entities for copying entities within nested groups Introduced Parallel Entity Snap for snapping entities parallel to each other Enhanced Explorer Command for better management of entities with views,
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Firmus, the market leader in preconstruction AI design review and risk analysis, announced the launch of Firmus AI-MATCH™, an advanced construction drawing comparison tool delivering automatic drawing overlay with unparalleled accuracy across disciplines, scales, views, and project phases. Firmus AI-MATCH transforms how you compare drawings with a fast and simple workflow and an accuracy rate that far surpasses alternative solutions in the market, for a broader range of use cases than ever before. Compare Between Different Disciplines: Make cross-discipline comparisons such as architectural to structural, RCPs to lighting plans, or even demolition to construction plans. Firmus AI-MATCH is designed to handle significant variances.  Large-Scale to Small-Scale Comparison: Designed to work across different views, and large-scale to small-scale comparisons seamlessly (e.g., enlargement plans to overall plans). Effective on all project types, sizes, and design phases from schematic design to “issued for construction” documents.  Compare Between Different Phases: Compare drawings views across different revisions to identify variances, scope
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nPower Technologies, a cutting-edge technology start-up, is excited to announce its official launch. Founded by manufacturing application veterans, nPower Technologies aims to transform the additive manufacturing landscape with its innovative platform designed to address critical scheduling challenges. “nPower Technologies derived its name from the growing complexity of scheduling additive machines, commonly referred to as 3D printers, in a divergent manufacturing environment” said David Bennett, Chief Product Officer. “In a divergent manufacturing process, a single additive build platform may contain multiple parts whose post-print processes diverge onto different operations. While scheduling one or two printers can be done with spreadsheets, scheduling additional additive machines becomes a geometric problem of the nth degree.” The technology behind nPower is geared toward additive manufacturers in the medical device, aerospace, defense, and transportation industries but also has broader market application in circuit board, sheet metal fabrication, and other nested manufacturing processes. “At nPower Technologies, we believe in the power
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Microvellum is excited to announce that CAD Toolbox, a powerful AutoCAD-based software package and part of the broader Toolbox suite, is now available through an annual subscription. CAD Toolbox is tailored for professionals creating architectural submittal and shop drawings, providing a streamlined, efficient solution for residential and commercial projects. About CAD Toolbox: CAD Toolbox is the foundational package in the Toolbox suite, which also includes MFG Toolbox and CNC Toolbox. Designed specifically for drafters and designers, CAD Toolbox streamlines and automates the creation of precise 3D room layouts, as well as detailed 2D plan views, elevations, and section drawings for a wide range of projects, including kitchens, closets, hotels, schools, store fit-outs, and other installations requiring standard or custom cabinetry or wood products. Although CAD Toolbox is built on AutoCAD technology, it operates independently without the need for a separate AutoCAD license, making it a more accessible and cost-effective solution for professionals seeking
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