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Items filtered by date: November 2015 - CIMdata
Dassault Systèmes and Bel Group, today announced their long-term partnership to accelerate the food industry’s transformation towards a more sustainable model. The companies will play a pivotal role in shaping the future of food by digitalizing the end-to-end value chain powered by artificial intelligence, from product idea to manufacturing and market launch. The challenge of sustainably feeding a global population of 10 billion people in 2050 has propelled the need for innovative food technologies and disruptive ways of efficiently developing and manufacturing healthy and sustainable food in a highly regulated industry.  Bel Group will deploy Dassault Systèmes’ “Perfect Production” industry solution experience based on the 3DEXPERIENCE platform to improve the efficiency and sustainability of its manufacturing operations at 11 plants worldwide.1  Key elements of this transformation are manufacturing operations management (MOM), food and materials sciences, AI and product lifecycle management (PLM).  With MOM, Bel Group will continue to empower its employees through digital transformation,
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Campfire Interactive, Inc. (Campfire), provider of the leading solution for portfolio profitability management, has announced the utilization of its Program and Portfolio Management solutions with a key customer, Stoneridge, Inc., a global designer and manufacturer of highly engineering electrical and electronic vehicle systems.  Campfire solutions allow companies to make informed, confident decisions with speed. The software allows companies to standardize data processes to reduce errors, improving forecast accuracy. With the capability to create and update both short and long-term sales forecasts in a matter of hours rather than days or weeks, Campfire enhances operational efficiency. This streamlined approach provides greater visibility into business operations, enabling proactive decision-making to drive growth and profitability.  “Traditional methods to gain business insights and model what if scenarios are no longer sufficient,” said Dan Meyer, president, Campfire. “Business has become too complex, and to maintain a profitable business, you must be able to quantify and respond to disruptions on a
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Configit, the global leader in Configuration Lifecycle Management (CLM), announced that it has been selected by its first Canadian customer, Premier Tech, to improve the efficiency of packaged product manufacturing facilities. Premier Tech is a global company with 5,200 team members across 28 countries. With its world headquarters in Rivière-du-Loup, Québec, Canada, the company operates in different industries through five business groups. One of them, Premier Tech Systems and Automation, will greatly benefit from the Configit Ace® SaaS environment. Global leader in the manufacturing of packaging and bulk handling equipment, Premier Tech Systems and Automation harnesses the great potential of robotics and automation to help manufacturers optimize their operations, while ensuring the safety of their teams. With the support of the Configit Ace® SaaS environment, Premier Tech Systems and Automation sought a solution that would help define standards and reduce the complexity of configurations using a flexible and customer-friendly approach. Configit stood out for its independent solution with seamless integration into
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ENGYS is proud to announce its participation in the AI4TwinShip project, a cutting-edge initiative aimed at revolutionizing the design and optimization of ship hulls using advanced artificial intelligence (AI) techniques coupled to Computational Fluid Dynamics (CFD) and mesh morphing. The primary objective of AI4TwinShip is to develop and demonstrate a new service for real-time prediction of ship hull resistance and other hydrodynamic performance metrics. This innovative approach leverages an AI-based model trained using a comprehensive database of CFD results to enhance the efficiency, performance and environmental sustainability of marine vessels. The project relies on several key simulation technologies to achieve its ambitious goals. HELYX and HELYX-Marine, an open-source CFD software developed by ENGYS, will be employed to generate the database of CFD results; NAVPACK, provided by NAVASTO, will be used for training the AI models; and RBF Morph Stand-Alone, developed by RBF Morph, serves as a mesh morphing tool to parameterize
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Centric Software® is pleased to announce that outdoor brand and retailer Trespass has chosen to implement Centric Planning™. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, price and sell products such as apparel, footwear, sporting goods, furniture, home décor, consumer electronics, cosmetics, food & beverage and luxury to achieve strategic and operational digital transformation goals. Jacobs & Turner Ltd, was established in 1938 as a manufacturer of workwear and outerwear. Trespass, is their award-winning privately-owned brand, created in 1984, focused on performance, outdoor sports and leisurewear from our headquarters in Glasgow, Scotland, UK. Their mission is to become the FIRST CHOICE GLOBALLY when purchasing PERFORMANCE CLOTHING and ACCESSORIES. Trespass is one of the UK’s most successful outdoor clothing retailers and, after many years of increased growth, has been searching out “best in breed” systems to future-proof the business. “Like many others in our industry, we arrived at a point where
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FOG Software Group (“FOG”), a division of Constellation Software Inc. and a leading provider of vertical market software solutions, announces a key strategic merger between NedGraphics Software (“NedGraphics”) and Optitex Ltd. (“Optitex”) to drive innovation and accelerate business growth. The combined business unit aims to strengthen its position as a true global player with an expansive portfolio in the textile and apparel software industry, leveraging best practices and market knowledge from both organizations. The family of businesses will continue to serve their customers under the two well-established and recognizable brand names, NedGraphics and Optitex, reflecting their unique positioning in different market segments. This strategic merger intends to combine the strengths of both companies, complementing and enhancing their ability to provide customers globally with strategically aligned resources and complementary product offerings that amplify their business operations, workflows, and supply chains. Following the appointment of Jenny Tcharnaia as Textile and Apparel Group President at Constellation
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Nano Dimension Ltd. (“Nano Dimension” or “Nano”) and Desktop Metal, Inc. (“Desktop Metal”) jointly announced that they have entered into a definitive agreement under which Nano Dimension will acquire all outstanding shares of Desktop Metal in an all-cash transaction for $5.50 per share, subject to possible downward adjustments to $4.07 per share, as described below. At $5.50 per share, the transaction represents a 27.3% premium to Desktop Metal’s closing price and a 20.5% premium to the 30-day VWAP as of July 2, 2024, for total consideration of approximately $183 million, possibly down to $4.07 per share or $135 million in total. Yoav Stern, Nano Dimension’s Chief Executive Officer and member of the Board of Directors, said, “Our combination with Desktop Metal is another step in Nano Dimension’s evolution to become the leader in digital manufacturing, with capabilities in mass manufacturing for critical industrial applications. We’re excited to join forces with an excellent
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Altair, a global leader in computational intelligence, is thrilled to welcome Aitek as a new channel partner. Within the partnership, Aitek will offer Altair’s leading data analytics and artificial intelligence (AI) solutions to its customers throughout the North, West, and Central African Regions.  “We are delighted to announce this strategic partnership to expand further into a dynamic, fast-growing region that has the capacity to rapidly adopt technological solutions,” said Stefano Deiana, vice president of Altair France, Italy, Spain, and Africa, Altair. “Aitek owes its success to its strong local presence in several countries, in addition to its strong integration in technology and business environments.”  Established in North, Central, and West Africa, Aitek's main mission is to be the key partner between Altair and its key accounts on the African continent. This partnership confirms Altair and Aitek's commitment to providing advanced, trusted technological solutions to companies and organizations throughout Africa. “Africa's digital revolution is underway, driven by converging
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Blackline Safety Corp., a global leader in connected safety technology, announced that it has named Elisa Khuong, CPA, CA, Vice President Accounting & Finance, Corporate Controller, as interim Chief Financial Officer, effective July 1, 2024. Serving almost a decade at the Company in progressively senior roles, Ms. Khuong brings a wealth of experience in Finance and Accounting—including strategic business planning, financial reporting, audit, internal controls, financial planning and analysis, compliance and tax strategy—to the interim position. Before joining Blackline in early 2015, Ms. Khuong spent four years in the audit and assurance practice at PwC working with public, private, real estate and financial services businesses. Ms. Khuong is a Chartered Professional Accountant and holds Bachelor of Business Administration Accounting and DESS Accounting Specialized Graduate degrees from Université Laval in Quebec, Canada.  “I’m pleased to welcome Ms. Khuong into the role of interim CFO,” said Cody Slater, Blackline Safety CEO and Chair. “Her financial acumen,
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Dassault Systèmes and Mistral AI announced their partnership to bring the full power of frontier AI to industries in a trusted environment. For more than 40 years, Dassault Systèmes has empowered people and businesses to provide sustainable innovations in the domains of manufacturing industries, life sciences and healthcare, and cities and territories. Entering the era of the Generative Economy, industry has to transition from product to experience and sustainability, leveraging virtual worlds to extend and improve the real world. The recent progress of AI technologies, notably Large Language Models (LLMs) such as Mistral AI’s is an opportunity to accelerate this journey. Combining scientific modeling, simulation and AI, virtual twin experiences offer solutions to empower the workforce of the future. They reveal industry knowledge and know-how and answer to industrial needs for reliability while preserving intellectual property. Mistral AI’s LLMs, including the enterprise-grade “Large” model, provide cutting-edge balance between accuracy, responsiveness and sustainability performance matching Dassault
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