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Items filtered by date: November 2015 - CIMdata
Aspen Technology, Inc. ("AspenTech" or the "Company"), a global leader in industrial software, announced financial results for its fourth quarter and fiscal year ended June 30, 2024. “AspenTech’s fourth quarter results reflected excellent execution across all areas of our business,” commented Antonio Pietri, President and Chief Executive Officer of AspenTech. “The strong performance of our DGM suite in the full year was a great demonstration of the significant growth opportunities in the utilities market and the benefit of our diversified end-market exposure.” “In fiscal 2025, we are targeting another year of solid ACV growth, even as we manage through a dynamic macro environment. At the same time, we are focused on driving toward best-in-class profitability and plan to continue enhancing our productivity and efficiency. We believe this attractive combination of top-line growth and margin expansion can deliver significant value for our shareholders,” concluded Pietri.  Fiscal Year 2024 and Recent Business Highlights Annual Contract Value1 ("ACV") was $968.4 million at the end of fiscal 2024,
Published in Newsletter Articles
Mittwoch, August 07, 2024

Kontron AG with record EBITDA in Q2

Kontron AG, a leading global provider of IoT technology, today announced its results for the second quarter of 2024, with the Katek group consolidated for all 3 months.  Sales increased by 52.9% to EUR 423.8 million in Q2 2024 (Q2 2023: EUR 277.3 million), of which EUR 134.5 million came from Katek. EBITDA reached a record high at EUR 46.5 million which is a plus of 48.6% compared to Q2 2023 (EUR 33.1 million). Consolidated net income grew to EUR 21.6 million (Q2 2023: EUR 19.0 million) despite one-off costs and additional EUR 2.2 million PPA amortisation from the Katek acquisition. Without the new PPA amortisation net income stood at EUR 23.8 million. The operating cash flow came in at EUR -6.1 million in Q2 2024 and at EUR 17.0 million adjusted for repaid factoring accounts receivables. The good results are based on the record gross margin of 42.5% (FY 2023:
Published in Newsletter Articles
Rockwell Automation, Inc. reported third quarter fiscal 2024 results. "Rockwell delivered another quarter of good execution with sales, margin, and EPS all above our expectations. I’m particularly pleased with the progress we are making on driving productivity to support our long-term margin expansion targets. We are already seeing the benefit from these actions this fiscal year and expect to drive margin growth and productivity through FY25 and beyond. On the demand side, we did see additional project delays this quarter, with customers citing weaker consumer demand, high interest rates, and policy uncertainty around tax, tariffs, and stimulus incentives as the main drivers for deferring their investment plans. Therefore, while we saw progress on inventory de-stocking at our distributors and machine builders in Q3, our low-single-digit sequential growth in orders was lower than we expected," said Blake Moret, Chairman and CEO. Fiscal Q3 2024 Financial Results Fiscal 2024 third quarter sales were $2,051 million,
Published in Newsletter Articles
Autodesk announced that it has been named the Official Design and Make Platform of the LA28 Olympic and Paralympic Games and Team USA. Over the next four years, Autodesk’s software–used by designers, engineers, builders, and creators–will support LA28’s more than $1 billion temporary overlay and construction plan, incorporating sustainable design principles. Autodesk’s Design and Make Platform will be supporting LA28’s no-new-permanent-venues plan: a commitment to build LA28’s footprint by adapting existing or building temporary infrastructure. “Autodesk’s technology is used every day to design and make a better world, which is why we’re thrilled to be LA28’s official Design and Make Platform,” said Andrew Anagnost, Autodesk President and CEO. “Our partnership will enable Autodesk software to do more than ever before. Together with LA28, we will help prepare Los Angeles for not only a 29-day celebration but also strengthen the greater Los Angeles community by embarking on our shared vision of a more
Published in Newsletter Articles
Two reasons to celebrate: BASF Polyurethanes has been using CIM Database for 30 years and is currently planning to further expand its global PLM environment. At CONTACT Software's headquarters in Bremen, the two companies celebrated their joint anniversary in early July. BASF Polyurethanes (until 2010 Elastogran GmbH) and CONTACT Software share a longstanding partnership which is built on trust since the very beginning. In 1994, the plastics manufacturer chose the still small but ambitious family business to introduce CIM Database for their CAD data management. Since then, the BASF subsidiary has continuously expanded the system and, together with CONTACT, developed it into a global PLM platform with numerous applications. The plastics specialist primarily uses CIM Database PLM for the development of its Cellasto® products. These are installed in almost every car worldwide, improve driving comfort and reduce NVH (noise, vibration, harshness). Project and document management within the PLM software facilitate collaboration across departments and
Published in Newsletter Articles
Computer Guidance Corporation, the leading developer of cloud-based ERP solutions for the construction industry, today announced that JP Cullen’s implementation of eCMS Connect for Corpay has brought notable benefits to the organization, including increased productivity, improved customer and employee relations, enhanced cost savings, and greater financial management and reporting. The eCMS Connect for Corpay solution eliminates the costly and time-intensive processes associated with vendor payments and employee expenses, leveraging API-based integration of two innovative solutions, the eCMS ERP software and Corpay’s AP Automation solutions. eCMS Connect for Corpay aims to eliminate manual and disjointed payment processes, paper-based payments, fraudulent check activities, and delayed payments while delivering greater financial controls. “We needed an automated payment system that eliminates the tedious, labor-intensive administrative tasks that are associated with vendor and employee payment processing. With the implementation of eCMS Connect for Corpay, we have streamlined our employee expense and vendor payment workflows, driving increased satisfaction with employees,
Published in Newsletter Articles
LTIMindtree, a global technology consulting and digital solutions company, has announced that it has been selected as a global digital service provider by Exyte, a global leader in the design, engineering, and delivery of ultra-clean and sustainable facilities for high-tech industries. Under the agreement, LTIMindtree will deliver comprehensive IT modernization services that will help Exyte to further enhance its business productivity and increase operational efficiency across its diversified portfolio globally. With a history of more than 100 years, Exyte has a truly global footprint, serving clients in semiconductors, batteries, pharmaceuticals, biotechnology, and data center industries. The company offers a full range of services from consulting to the managing of turnkey solutions — delivered to the highest quality and safety standards. Klaus Glatz, Senior Vice President Corporate IT, Exyte, said, “We are confident that LTIMindtree’s deep domain expertise, combined with their agility and scalability will enable us in our growth journey. We feel
Published in Newsletter Articles
Centric Software® is pleased to announce that the fashion and lifestyle retailer, Jaspal Public Company Limited or Jaspal Group, has selected Centric PLM™ to drive efficiency and value creation. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such as fashion, luxury, footwear, outdoor, home and related goods like cosmetics & personal care as well as multi-category retail to achieve strategic and operational digital transformation goals. Founded in 1947, Jaspal Group is a distinguished player in the fashion and lifestyle retail industry and is headquartered in Bangkok. With a diverse portfolio of both in-house and imported brands, Jaspal Group has grown to manage over 475 stores and distribution points across Thailand and Southeast Asia, as well as through e-commerce sites. The company’s in-house brands include Jaspal, CPS Chaps, Lyn, CC Double O, Lyn Around, Jelly Bunny, Misty Mynx, Royal Ivy
Published in Newsletter Articles
Bentley Systems, Incorporated, the infrastructure engineering software company, announced that it has been selected as part of a multi-award Request for Proposal by the Pennsylvania Department of Transportation (PennDOT) for state-wide civil design solutions. The contract award extends Bentley’s long-standing relationship with PennDOT to advance project delivery. PennDOT has transitioned to Bentley’s OpenRoads 3D design software and ProjectWise for CADD data management to support roadway, bridge, drainage, traffic, and geotechnical engineering. The acceleration of infrastructure projects with federal funding provided by the Infrastructure Investment and Jobs Act (IIJA) is challenging DOTs and their engineering firm ecosystems to expand capacity, including through purposeful inclusion of smaller business enterprises. In the new PennDOT contract, Bentley has proudly partnered with Pennsylvania firms Cedarville Engineering Group, llc (CEG) of Pottstown and Honor Engineer Company of Harrisburg. Kelly Barber, P.E., Chief of the Engineering Automation and Services Division, PennDOT said, “As the Department moves toward being platform inclusive, we are looking
Published in Newsletter Articles
 PDF Key Takeaways Creo 11 is built on 6 themes each delivering significant functional, usability, and productivity enhancements. Many new Creo 11 capabilities enable better design for sustainability. New electrification design and development of electrical products and specialized capabilities for design of composites enhancements enable improved design for sustainability. Creo+ SaaS provides fast, flexible deployment options, global user collaboration, while reducing IT infrastructure and administrative costs. Introduction Creo 11, released in May 2024, expands Creo’s infrastructure to allow Creo to be run both on premises and in Software as a Service (SaaS) environments. Beyond this, Creo 11 emphasizes six release themes, each delivering new capabilities focused on improved usability and productivity while supporting the design of more sustainable products: Productivity & Usability—Changes to improve operation of Creo. Design for Electrification—Improved cabling and PCB integration. Design for Composites—Composite ply visualization and design improvements. Model-Based Definition—Many 3D annotation and GD&T additions. Simulation-Driven Design—New and expanded capabilities based on PTC’s partnership with Ansys. Design for Manufacturing:
Published in Commentaries
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