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Altair, a global leader in computational intelligence, has named the winners of the 2024 Altair Enlighten Award. Presented in association with the Center for Automotive Research (CAR), the award honors the greatest sustainability and lightweighting advancements that successfully reduce carbon footprint, mitigate water and energy consumption, and leverage material reuse and recycling efforts.  Throughout its 12-year history, this prestigious Enlighten Award has become a coveted prize sought after by the automotive industry’s most forward-thinking companies. It was also recognized by EV Magazine as a top 10 sustainability award in 2024. “The Enlighten Award is the leading award highlighting the automotive industry’s finest innovations in sustainable technology. We are thrilled to once again recognize the organizations creating a more sustainable future,” said James R. Scapa, founder and chief executive officer, Altair. “This year’s winners can consider themselves the best innovators meeting those challenging targets.” “Each edition of the Enlighten Award showcases the products, processes, and organizations that are ushering

Infosys, a global leader in next-generation digital services and consulting, announced an expanded strategic collaboration with ServiceNow to provide end-to-end managed services, leveraging AI capabilities of the Now Platform and the Infosys Enterprise Service Management Café (ESM Café) for enterprise business transformation. As part of this engagement, Infosys will aim to accelerate the ServiceNow implementation for enterprises such as First Abu Dhabi Bank (FAB), by almost 30 to 40 percent, allowing faster time-to-value – and also deliver a comprehensive suite of services and solutions. These include licenses, services, and implementation of the Infosys ESM Café, an AI-powered plug-and-play solution, part of Infosys Cobalt, a set of services, solutions and platforms for enterprises to accelerate their cloud journey. The Infosys ESM Café offers more than 70 applications covering various modules and ServiceNow capabilities, including AI and sustainable digital solutions. Cathy Mauzaize, President, Europe, Middle East and Africa, ServiceNow, said: “We are delighted to see Infosys leveraging our AI platform for business transformation

Netskope, a leader in Secure Access Service Edge (SASE), has announced a Managed Service Provider (MSP) agreement with SoftBank Corp. (“SoftBank”). This MSP agreement is only granted to partners with excellent delivery capabilities, and the partnership will see Netskope’s Intelligent Security Service Edge (SSE) solution provided to Japanese enterprises. The partnership is the first of its kind for Netskope in Japan and marks a significant milestone in the American company’s expansion in the market. For decades SoftBank has provided essential telecommunications services, and in recent years has successfully built upon that heritage to provide innovative technology services to help the strategic digitization of enterprise businesses and society. The partnership will leverage Netskope’s SSE leadership and global security private cloud NewEdge, along with SoftBank’s extensive established relationships with Japanese businesses, supporting the strategic digitization of society through innovative solutions. The Netskope One platform provides granular visibility and real-time data and threat protection for cloud services, websites, and

Sage, a leader in accounting, financial, HR and payroll technology for small and mid-sized businesses (SMBs), announces new developments in their ongoing partnership with Microsoft. The advancements in Sage Instant Analysis, Sage Active and Sage Network are set to enhance operational efficiency and innovation for SMBs through integrated solutions and cutting-edge technologies. “Our partnership with Microsoft aims to give small and medium-sized businesses the tools they need for success in today's digital age. These updates offer fresh ways to improve customers’ operations and increase productivity," says Amaya Souarez, EVP, Cloud Services & Operations, Sage. "This collaboration is about bringing our strengths together. It shows our united effort to spark innovation, support growth, and deliver the latest solutions for the ever-changing demands of the business world." Enhanced Financial Analysis with Sage Instant Analysis : As part of Sage Copilot’s reporting and analytics capabilities, Sage Instant Analysis integrates Microsoft Azure OpenAI Service to empower SMBs by

Schneider Electric, the leader in the digital transformation of energy management and automation, released its sustainability performance scores for the second quarter of 2024, alongside its half-year financial results. Tracking and disclosing the quarterly progress of Schneider's Sustainability Impact (SSI) program is central to achieving its 2021–2025 global and local ambitions, contributing to its six long-term sustainability commitments. Just last month, Schneider Electric topped the list of "World's Most Sustainable Companies for 2024" compiled by TIME Magazine and Statista, further emphasizing the strategic importance it places on sustainability impact. This recognition underlines Schneider Electric's climate leadership in setting ambitious targets and its expertise in helping customers become more energy efficient and reduce their emissions. "Coming top in TIME's list of most sustainable companies confirms just how much ambition and dedication are needed to decarbonize value chains and evolve business models," said Xavier Denoly, Senior Vice President of Sustainable Development at Schneider Electric. "With one and half years to

Bentley Systems, Incorporated, the infrastructure engineering software company, announced results for the quarter ended June 30, 2024. Second Quarter 2024 Results Total revenues were $330.3 million, up 11.3% or 11.9% on a constant currency basis, year-over-year; Subscriptions revenues were $297.4 million, up 14.7% or 15.3% on a constant currency basis, year-over-year; Annualized Recurring Revenues (“ARR”) was $1,215.9 million as of June 30, 2024, compared to $1,105.9 million as of June 30, 2023, representing a constant currency ARR growth rate of 11%; Last twelve-month recurring revenues dollar-based net retention rate was 108%, compared to 110% for the same period last year; Operating income margin was 24.3%, compared to 18.0% for the same period last year; Adjusted operating income inclusive of stock-based compensation expense (“Adjusted OI w/SBC”) margin was 28.8%, compared to 24.7% for the same period last year; Net income per diluted share was $0.22, compared to $0.15 for the same period last year; Adjusted net income per diluted share (“Adjusted EPS”) was $0.31, compared to $0.24 for the same period last

Schaeffler AG published its interim financial report for the first half of 2024 today. The Schaeffler Group’s revenue for the first six months amounted to 8,276 million euros (prior year: 8,208 million euros). The 2.0 percent constant-currency increase in revenue was primarily attributable to higher volumes at the Vehicle Lifetime Solutions division. The Automotive Technologies division contributed slight growth as well. The trend at the Bearings & Industrial Solutions division had an offsetting impact. Revenue for the second quarter of 2024 rose by 4.2 percent at constant currency to 4,191 million euros (prior year: 4,056 million euros). The 1.5 percent constant-currency growth at the Automotive Technologies division in the first six months was mainly attributable to higher volumes of the E-Mobility business division (BD) in the Europe and Americas regions. The constant-currency rise in revenue of 17.6 percent at the Vehicle Lifetime Solutions division resulted particularly from the impact of volumes

Trimble Inc. announced financial results for the second quarter of 2024. Second Quarter 2024 Financial Highlights Revenue of $870.8 million, down 12 percent on a year-over-year basis, up 1 percent on an organic basis Annualized recurring revenue ("ARR") was $2.11 billion, up 12 percent year-over-year, up 14 percent on an organic basis GAAP operating income was $61.6 million, 7.1 percent of revenue and non-GAAP operating income was $194.4 million, 22.3 percent of revenue GAAP net income was $1,316.4 million and non-GAAP net income was $151.9 million Diluted earnings per share ("EPS") was $5.34 on a GAAP basis and $0.62 on a non-GAAP basis Adjusted EBITDA was $214.0 million, 24.6 percent of revenue Executive Quote "Strong execution across our business resulted in revenue and EPS above the midpoint of guidance. ARR reached a record $2.11 billion and gross margin also achieved a record level," said Rob Painter, Trimble's president and chief executive officer. "Our second quarter results demonstrate how Trimble's increased level of simplification and focus is delivering technology solutions to enhance customer productivity. We are

This presentation is part of CIMdata’s educational webinar series. ANN ARBOR, Michigan, USA 6 August 2024—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces an upcoming free webinar, “The Elevation and Expansion of Model-Based Systems Engineering – Initial Findings from Industry Research.” The webinar, the second of two on Model-Based Systems Engineering (MBSE), will take place on Thursday, 12 September 2024, at 11:00 a.m. (EDT) and will last one hour. CIMdata has initiated an industry research project on model-based systems engineering for Aerospace & Defense PLM Action Group (AD PAG) member companies in collaboration with several prominent PLM solution providers. The participants' shared objective is understanding industry needs and opportunities and aligning perspectives on the topic. The desired result is to meaningfully impact the solution providers’ strategies and the industrial users’ implementation roadmaps. This free educational webinar will provide the context for the issues and hypotheses being explored. The

I’m new to the Chief Marketing Officer role, but I get IT. As the competitive landscape intensifies and technology evolves at an unprecedented pace, the Chief Marketing Officer (CMO) role has become pivotal in shaping an organization's strategic direction. One area where CMOs can exert significant influence is Product Lifecycle Management (PLM), a domain traditionally viewed as the purview of engineering and IT. However, with the growing complexity of product development, supply chain integration, and digital transformation, CMOs must have an in-depth understanding of the intricacies of PLM to be in the strongest position for aligning marketing strategies with overall business objectives. CIMdata's PLM Certificate Program offers a valuable opportunity for CMOs (and their teams) to deepen their PLM expertise and drive meaningful change within their organizations. The Importance of PLM Knowledge for CMOs PLM is no longer a backend process confined to product design and manufacturing. It is a business process that