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Items filtered by date: November 2015 - CIMdata
Ann Arbor, Michigan, USA, 23 July 2024—The Aerospace & Defense PLM Action Group (AD PAG) announces the publication of release 3 of the PLM Global Collaboration position paper. The purpose of the PLM Global Collaboration position paper is to document the Aerospace and Defense PLM Action Group’s (AD PAG’s) collective vision for a common mechanism to support Original Equipment Manufacturer (OEM)/supply chain product development collaboration. The group’s goal is to simplify PLM global collaboration. The newly released Edition 3 (Release 3.0) of the PLM Global Collaboration position paper builds on previous editions and lists the requirements for establishing the proposed To-Be collaboration environment. Edition 1 (Release 1.0) detailed the existing As-Is mechanisms for collaboration and the resulting negative business impacts. That information was incorporated into Edition 2/2.1 (Release 2.0/2.1), which was expanded to describe the mutually agreed upon future To-Be (i.e., Desired State) mechanism for collaboration. In addition to publishing this position
Published in News & Press
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 the expansion of OpenBOM services to support xBOM and extended digital thread support. OpenBOM introduces xBOM, enabling users to manage different types of Bills of Materials (BOM) for various lifecycle stages and departmental needs, including Engineering BOM (EBOM), Manufacturing BOM (MBOM), and Support BOM (SBOM). xBOM provides a comprehensive, adaptable view of product structures, enhancing collaboration and streamlining processes across the product lifecycle. This service democratizes advanced BOM management features, making them accessible to companies of all sizes, and ensures seamless transitions from engineering to manufacturing and support. This innovation provides access to advanced BOM management features traditionally available only through enterprise PLM platforms. OpenBOM’s xBOM service simplifies and
Published in Newsletter Articles
Centric Software®, the Product Lifecycle Management (PLM) market leader, proudly announces its partnership with Carrefour, one of the world’s leading food retailers. Centric Software provides the most innovative enterprise solutions to plan, formulate, develop, procure, manufacture and sell consumer goods products in food & beverage, grocery, multi-category retail to achieve strategic and operational digital transformation goals. As part of its mission to make their products both affordable and accessible to everyone, and to support their 2026 strategic objectives, Carrefour is focusing its efforts on building a cutting-edge digital retail company. The project will be targeting G6 countries in Europe: France, Spain, Italy, Benelux, Romania and Poland. To create this new digital retail company, strengthen its purchasing strategy and streamline processes, Carrefour underwent an in-depth search for a PLM solution. After examining numerous solutions, Carrefour selected Centric PLM™ as the foundation to support its ambitious 2026 strategic goals. Centric’s proven broad functional coverage for
Published in Newsletter Articles
L&T Technology Services Limited, India’s leading pure-play engineering services company, announced its results for the first quarter ended June 30, 2024. Highlights for Q1FY25 include: Revenue at ₹24,619 million; growth of 7% YoY USD Revenue at $295 million; growth of 6% YoY in constant currency EBIT margin at 15.6% Net profit at ₹3,136 million; growth of 0.8% YoY During the quarter, LTTS won two USD 30 million deals, two USD 15 million deals and three deals with TCV of USD 10 million. “We are making good progress with our ‘Go Deeper to Scale’ strategy and the simplification of our organization structure into three main segments. Mobility grew by 6% sequentially driven by our differentiated presence across EV, SDV and connected car technology that helped us win one $ 30 Million deal and two $15 Million deals during the quarter. In Hi-Tech and Sustainability, our new strategy is driving a significant increase in the pipeline and large deal
Published in Newsletter Articles
Altair, a global leader in computational intelligence, will release its financial results for the second quarter ended June 30, 2024, after the market close on Thursday, August 1, 2024. On that day, management will hold a conference call and webcast at 5 p.m. ET to review and discuss the Company’s second quarter 2024 results and third quarter and full year 2024 outlook. A recorded version of this webcast will be available after the call and accessible at http://investor.altair.com. To view the original press release, please click here. Search for Altair on CIMdata.com
Published in Newsletter Articles
Aras, a leader in product lifecycle management (PLM) and digital thread solutions, today announced today the date for its annual event, ACE 2025, taking place March 31-April 3, 2025, in Boston at the Hilton Boston Park Plaza. Celebrating Aras’ 25th anniversary, ACE 2025 marks a milestone year by inviting its community to Boston, where it all began. This special occasion promises to be an unforgettable gathering of industry leaders, innovators, and enthusiasts showcasing how leading organizations are transforming engineering and PLM with Aras. ACE 2025 spans a total of four days, including both pre- and post-event days that offer training opportunities and technical discussions. The main event takes place on the second and third days with a keynote and sessions focused on the latest in PLM and digital thread innovation. Attendees will gain insight from top leaders and industry experts on technology and industry trends reshaping the business of transformation. “ACE 2025 offers
Published in Newsletter Articles
Vertex Software (Vertex) announced today that it has achieved the Amazon Web Services (AWS) Manufacturing and Industrial Competency. This designation recognizes Vertex for its expertise in providing customers software solutions for an end-to-end Industrial Manufacturing Software toolchain. As manufacturing customers move to the cloud, they are looking for cloud experts with manufacturing experience to help them transform and use data in new ways, knowing they need to move faster than ever. AWS Manufacturing and Industrial Competency Partners provide customers with solutions across their digital transformation journey while being assured that they have support from a validated AWS Partner to meet their needs. These solutions follow AWS best practices for building secure, high-performing, resilient, and efficient cloud infrastructure for industry applications. Vertex’s cloud-based 3D visualization software delivers exponential value from existing computer-aided design (CAD) and product lifecycle management (PLM) investments by breaking down barriers to effectively share and collaborate with 3D data
Published in Newsletter Articles
HCLTech, a leading global technology company, has been recognized by Hewlett Packard Enterprise (HPE) as the HPE Hybrid Cloud Partner of the Year 2024. The award underscores HCLTech’s commitment to innovation, excellence and expertise in leveraging hybrid cloud solutions to empower organizations across various industries. Through its strategic collaboration with HPE, HCLTech has consistently delivered transformative solutions that enhance flexibility, scalability and cost efficiency for its clients worldwide. "HCLTech and HPE have been at the forefront of co-creating and driving innovative solutions for decades. Today, this award reaffirms our strategic partnership with HPE, built on the strong pillars of joint value creation, offerings, GTMs and customer-centric strategy, thereby positioning us as a trusted partner in customers’ Digital and sustainable AI led Hybrid Cloud journeys," Rampal Singh, Senior Vice President and Global Business Head, Hybrid Cloud Business Unit, HCLTech. "We are incredibly excited to announce HCLTech as the Hybrid Cloud Partner of the Year
Published in Newsletter Articles
CIMdata’s President & CEO, Peter Bilello, has authored a new article in engineering.com on why organizations need their own digital twin. In this most recent article, Peter says, “As a long-time definer and observer of PLM, I do not doubt the viability of digital twins that are sufficiently robust to accommodate the entire enterprise. This is what I mean by Right-to-Market—ensuring the enterprise is optimally configured to enable and sustain long-term success in its marketplace(s). This ultimately means that the enterprise consistently maximizes its return on investment. And so, the inevitable technology user’s question: can PLM solution providers’ tools support Right-to-Market? Yes, as evidenced by their nonstop development of new capabilities, simultaneous uptake of new technologies and ongoing accommodations to structural changes in marketplaces.” Read the full article here: https://www.engineering.com/why-every-enterprise-needs-its-own-digital-twins/
Published in Newsletter Articles
Keysight Technologies, Inc. introduces System Designer for PCIe®, a new product in the Advanced Design System (ADS) product suite that supports simulation workflows based on industry standards for high-speed, high-frequency digital designs. System Designer for PCIe is an intelligent design environment for modeling and simulating the latest Peripheral Component Interconnect Express (PCIe) Gen5 and Gen6 systems. Keysight is also improving its electronic design automation (EDA) platform by adding new features to the existing Chiplet PHY Designer tool to estimate chiplet die-to-die link margin performance and Voltage Transfer Function (VTF) compliance measurement.PCIe is a versatile and essential interface standard across a wide range of electronics industry segments due to its high-speed data transfer capabilities, scalability, and adaptability. Adoption spans from everyday consumer electronics to specialized applications in high-performance computing and critical infrastructure systems.Complex PCIe designs support multi-link and multi-lane systems that involve a complex analysis setup between RootComplex and End-Point, sometimes incorporating mid-channel repeaters. Designers spend an inordinate
Published in Newsletter Articles
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