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Items filtered by date: November 2015 - CIMdata
Chaos launches Enscape 4.1, bringing the power of real-time energy modeling to its intuitive real-time visualization tool. With the new Enscape Impact add-on, architects and designers can now quickly view the energy performance of their building and optimize it within their usual design workflow. The new solution significantly reduces the time of the analysis: What used to take several hours or even days can now be done in minutes. The new update combines elevated visualizations with integrated building performance analysis through the expertise of IES, a global climate tech company and leading innovator in integrated performance-based building analysis. Their expertise was crucial for this update. “Buildings are responsible for 39 percent of global energy-related carbon emissions: 28 percent from operational emissions, from the energy needed to heat, cool, and power them, and the remaining 11 percent from materials and construction.  This has profound implications for climate change and the future of our planet”, comments Petr Mitev, VP Product, Solutions for
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CoreLogic® announced the expansion of AutomatIQ™ Borrower to include Asset and Liabilities Analysis, making it a one-stop analysis solution for mortgage lending financial institutions. As the industry works to maintain accuracy and integrity in the loan verification process, AutomatIQ™ Borrower’s new Assets and Liabilities Analysis combines income insights with detailed asset and liability data. AutomatIQ™ Borrower enhances the integrity and reliability of the loan calculation process, which has been a labor-intensive and error-prone task. The combined features of income, assets and liabilities analysis provides lenders with accelerated processing times, enhanced transparency and the ability to identify missing documents while flagging potential new income sources or missing liabilities, leading to a more informed decision-making process.  “When using the Assets and Liabilities Analysis along with AutomatIQ™ Borrower’s Income Analysis, our clients can be confident they are getting the most accurate data available,” said Praveen Chandramohan, CoreLogic senior vice president, Origination Growth Solutions. “We have simplified the
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MasterControl, a leading provider of manufacturing and quality management software solutions for regulated industries, announced the launch of GxPAssist AI, a suite of purpose-built generative artificial intelligence (AI) tools for quality and manufacturing professionals. These tools deliver practical benefits, helping to streamline many processes that allow manufacturers to safely and more efficiently deliver products to patients.  The first tool released for general availability within the GxPAssist AI suite is Exam Generator. Training management is a key part of manufacturing within regulated industries. Ensuring employees, including equipment operators, are trained on the latest requirements and operating procedures is critical in maintaining compliance and avoiding delays in production. Because creating exams that test comprehension is time consuming, companies typically are not able to test employees on critical processes. Instead, they simply have the employee indicate they have 'Read and Understood' the content. This practice ensures compliance but does not check for understanding or
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Altair, a global leader in computational intelligence, and LG Electronics Vehicle component Solutions Company (LG VS Company) have collaborated to develop analysis solutions aimed at extending product lifespans. LG Electronics reduced the development time for their vehicle infotainment components by over 20% with the help of Altair® OptiStruct® – an optimization-enabled structural analysis software and key product in the Altair® HyperWorks® design and simulation platform. Previously, LG Electronics relied on multiple software tools and models for fatigue damage evaluation during product development, leading to prolonged analysis times and complex model management. To streamline this process, Altair and LG Electronics have developed a multiphysics-based, integrated fatigue analysis solution.  “Our collaboration with LG Electronics enhances the prediction of its products’ safety and durability and accelerates advancements in various manufacturing industries, including electronic components,” said Sam Mahalingam, chief technology officer, Altair. “This effort further validates Altair’s leadership in electronics, helping our customers solve their toughest challenges and
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Customers of ENTERPRISE 3Dfindit (formerly PARTsolutions) have a new way to easily access components that are not yet modeled on 3Dfindit in public manufacturer catalogs. The “CAD Model on Demand” service offers an intuitive ticket system that can be used to order the modeling of missing 3D models. The component is then modeled by CADENAS and customers can use it in their internal parts catalog. Well-trained engineers no longer have to waste their time with the additional creation of standard and purchased part geometries and can concentrate on their core tasks. This is how “CAD Model on Demand” worksThe service is available to all ENTERPRISE 3Dfindit customers (formerly PARTsolutions). In a ticket system, a company books a certain contingent via prepaid. It is then available to the team. If the 3D model of a component is missing, an employee proceeds as follows: He logs into the ticket system On the overview page, he clicks on “New Ticket”. There he fills
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FARO® Technologies, Inc., a global leader in 4D digital reality solutions, announced that after market close on Thursday, August 8, 2024, it will release its financial results for the second quarter ended June 30, 2024. In conjunction with the release, Peter Lau, President and Chief Executive Officer, and Matthew Horwath, Senior Vice President and Chief Financial Officer, will host a conference call on Thursday, August 8, 2024, at 4:30 pm. ET. Interested parties can access the conference call by dialing +1 800-267-6316 (U.S.) or +1 203-518-9783 (International) and using the passcode FARO. To avoid a delay in connecting to the call, please dial in 10 minutes prior to the start time. A live webcast will be available in the Investor Relations section of FARO's website at: https://www.faro.com/about-faro/investor-relations/events A replay of the webcast will be available in the Investor Relations section of the company's web site approximately two hours after the conclusion of the call and remain available for approximately 30 calendar days. To
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IFS, the leading technology provider of enterprise cloud and Industrial AI software, announces its first half-year financial results, 2024. The results demonstrate a continued trend of strong double-digit growth with Annual Recurring Revenue up 24% YoY to over EUR 850m and Cloud Revenue up 20% YoY. Summary of H1 financial performance: Annual Recurring Revenue (ARR) up 24% YoY vs. H1 2023 Cloud revenue up 20% YoY vs. H1 2023 Software revenue now represents 82% of total revenue The continued momentum is the result of both IFS’s differentiated position and category leadership in Asset and Service Management software, as well as its laser focus on rapidly returning customers value and reducing total cost of ownership. IFS’s north star remains on helping customers deliver for their customers when it matters most – at the Moment of Service. IFS’s AI-powered technology is specific and relevant to the industry our customers operate in and stands out as it is highly composable
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DXC Technology, a leading Fortune 500 global technology services provider, has successfully implemented technology systems for two recently acquired Whitehaven Coal (ASX: WHC) mine sites, Daunia and Blackwater, allowing Whitehaven to double its size in record time. DXC completed the roll-out of an SAP S/4Hana ERP system at the new mine sites – aimed at modernizing the HR, Finance, Procurement, and Payroll functions within six months. DXC managed the full implementation process to transition and integrate with new systems, as well as providing business analysis, organizational change management and security services. The transition and integration of existing and new systems for the mines was fully operational by 1 April 2024.  “DXC’s solutions were at the heart of Whitehaven's critical business integration,” said Seelan Nayagam, President Asia Pacific, Middle East & Africa, DXC Technology. “By leveraging our deep technology experience, we successfully helped Whitehaven double its size and transition a workforce of more
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Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has signed a three-year contract to strengthen information technology infrastructure and cybersecurity services for Follett Higher Education, North America’s leading college store operator. By deploying trademark platforms and solutions, such as TCS CognixTM and Cloud Exponence, TCS will create an enhanced IT infrastructure that better supports Follett’s innovative academic and retail experiences for colleges and universities across the US and Canada. Follett operates more than 1,000 college stores across North America and is committed to supporting the academic journey by offering students the course materials, technology, supplies, and school-branded merchandise they need to succeed. To support this mission, Follett tapped TCS to enhance its existing IT infrastructure. This contract marks a significant expansion of the decade-long partnership between the two companies. TCS will strengthen Follett’s technology operations by adopting its signature Machine First™ delivery approach, coupled with its proprietary accelerators
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L&T Technology Services Limited, a global digital engineering and R&D services company, and PS Technology (PST), a wholly owned subsidiary of Union Pacific Railroad, a pioneer in railroad crew training and management, announced a strategic partnership around Mobility aimed at bringing cutting-edge simulation technology to the railways market in India and adjacent geographies. The companies have signed a Memorandum of Understanding (MoU) to focus on the design, development and supply of advanced AI-based simulation technologies, poised to significantly enhance the operational efficiency and safety of rail infrastructure in India and overseas. As part of the agreement framework, LTTS and PST have established their first Customer Experience and R&D Center (CXC) in Faridabad near New Delhi. This CXC will leverage new technologies around the design and supply of simulators, setting new standards in the railroad sector in India. The center aims to provide unparalleled support and innovation, driving advancements in simulation and
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