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Items filtered by date: November 2015 - CIMdata
HCLTech, a leading global technology company, announced the launch of its global delivery center in Patna. The center will focus on delivery of IT and engineering services for Hi-Tech and Semiconductor companies. The center was inaugurated by Shri Nitish Mishra, Hon’ble Minister of Industries, Govt. of Bihar and Shri Santosh Kumar Suman, Hon’ble Minister of Information Technology, Govt. of Bihar. Also present on the occasion were Shri Sandeep Poundri, Additional Chief Secretary, Dept. of Industries, Govt. of Bihar; Shri Abhay Kumar Singh, Secretary, Dept. of Information Technology; Prateek Aggarwal, Chief Financial Officer, HCLTech and Rahul Singh, COO-Corporate Functions, HCLTech.  This is HCLTech’s first center in the state of Bihar. Going forward, the center will also house specialized labs and centers of excellence to boost HCLTech’s technology innovation engine and will offer a wide range of services to global clients.  The new global delivery center is in line with HCLTech’s strategy of accessing quality talent through
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Following the CEO transition plan previously announced by Bentley Systems, Incorporated, Nicholas Cumins takes charge as CEO. Cumins succeeds Greg Bentley, the eldest of the five brothers who founded Bentley Systems, who becomes Executive Chair of its Board of Directors. Cumins is the first CEO in the company’s 40-year history who is not a Bentley family member, marking a significant milestone in the company’s development. The Bentley brothers redefined what was then computer-aided design (CAD) software when they developed MicroStation as a groundbreaking engineering application platform. Four decades of innovation and more than 120 acquisitions later, Bentley Systems is the leading provider of infrastructure engineering software, with its infrastructure digital twin solutions used to design, build, and operate critical infrastructure around the world. The transition to Cumins’ leadership comes at a critical time for infrastructure sectors. There are not enough engineers to accomplish the work required to achieve global sustainability targets while
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In recognition of its leadership in ESG & sustainability, Stratasys, Ltd. was honored with four Sustainability Recognition Awards at the Additive Manufacturer Green Trade Association (AMGTA) 2024 Annual Summit in Los Angeles on June 24th. Stratasys received accolades across multiple categories, underscoring its commitment to environmental sustainability and innovation: Environmental Management Systems – For maintaining ISO 14001 EMS certification, demonstrating rigorous environmental governance. Sustainability Reporting – Recognized for its transparency and excellence in publicly publishing detailed Sustainability/ESG/CSR reports. Environmental Sustainability Research – For its active role in commissioning and publishing critical research focused on sustainability within the additive manufacturing landscape. Excellence in AM Sustainability – Honored for its initiatives that significantly expand the understanding and application of more sustainable manufacturing practices globally. The awards ceremony acknowledges and encourages the significant efforts made by its member organizations in promoting AM technologies and practices for better, more sustainable, and economically advantageous manufacturing around the world. "The AMGTA's mission to promote and advance the sustainability
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Simulations Plus, Inc.(“Simulations Plus”), a leading provider of biosimulation, simulation-enabled performance and intelligence solutions, and medical communications for the biopharma industry, reported financial results for its third quarter fiscal 2024, ended May 31, 2024. Third Quarter 2024 Financial Highlights (compared to third quarter 2023) Total revenue increased 14% to $18.5 million Software revenue increased 12% to $11.9 million, representing 64% of total revenue Services revenue increased 18% to $6.6 million, representing 36% of total revenue Gross profit was constant at $13.3 million; gross margin was 71% Adjusted EBITDA of $5.7 million, representing 31% of total revenue Net income of $3.1 million and diluted earnings per share (EPS) of $0.15 versus net income of $4.0 million and diluted EPS of $0.20 Adjusted diluted EPS excluding the impact of acquisition costs of $0.19 versus adjusted diluted EPS of $0.21 Nine Months 2024 Financial Highlights (compared to nine months 2023) Total revenue increased 17% to $51.3 million Software revenue increased 14% to $31.1 million,
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Bechtle AG has acquired Magnetic Media Network S.p.A. (MMN) headquartered in Trezzo sull’Adda (near Milan) with a second site in Roncade (near Venice). Founded in 1989, the IT solutions provider and its some 100 employees achieved revenues of 68.6 million euros in the 2022/23 fiscal year. With this purchase, Bechtle is significantly strengthening its position in the Italian market. Bechtle direct Italy and MMN serve large enterprise, SME and public sector customers and in MMN, Bechtle is gaining an Apple Authorised Enterprise Reseller (AAER). Bechtle already holds this partner status in Germany, which allows it to offer enterprise customers holistic and specialist solutions based on the full range of iOS and Mac technologies. In Italy, MMN represents the first and currently one of just two IT companies granted this status, and also works very closely with other IT vendors including Xerox, Lenovo, HP, Dell, Jamf, Cyberoo, Fortinet, Cisco and Microsoft. By
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The Nemetschek Group, a leading global provider of software solutions for the AEC/O and media industries, today announced that it has completed the acquisition of GoCanvas Holdings, Inc., a leading provider of field worker collaboration software that digitizes traditionally paper-based processes, simplifies inspections, improves safety, and maximizes compliance. Perfect fit with Nemetschek’s Build & Construct Division portfolio to create unique construction ecosystem The combination of Nemetschek Group‘s existing capabilities in the Build & Construct segment with the leading cloud and mobile SaaS solutions for the paperless collection, reporting, and integration of field data with GoCanvas unlocks massive field worker opportunities in construction and several adjacent industries. The complementary technologies, customer bases, and regional sales splits of GoCanvas and the Nemetschek Group will capture significant growth opportunities and lead to technology synergies through enhanced market and customer access along the entire AEC/O lifecycle. In addition, the acquisition strengthens Nemetschek Group’s positioning in the US even further
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Roadzen Inc. ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, announced its results for the twelve-months ended March 31, 2024. "Roadzen had a remarkable year, achieving substantial revenue growth, maintaining our trajectory towards profitability, and significantly expanding our presence in the U.S. and U.K. markets, along with continued strong growth in India," commented Rohan Malhotra, CEO and Founder of Roadzen. "Our advanced technology group and AI research lab now support a robust global client base and infrastructure, including 101 large enterprise clients, such as leading insurers, automakers, and large fleets, in addition to approximately 3,200 small and medium businesses, including agents, brokers, dealerships, and smaller fleets. Looking ahead, we anticipate continued momentum and establishing Roadzen as a leader in vertical AI for auto insurance within the public markets, leveraging the strong foundation we've built over the past year." Jean-Noël Gallardo, Roadzen’s CFO commented, “In
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Dienstag, Juli 02, 2024

Mastercam 2025 is Now Released!

Mastercam, the industry leader in CAD/CAM solutions, proudly announces the release of Mastercam 2025. This latest version introduces cutting-edge features and enhancements designed to maximize speed, efficiency, and precision in your machining operations, setting a new benchmark in the industry. During the Public Beta, manufacturers worldwide provided valuable feedback that shaped the final product, ensuring that Mastercam 2025 meets the essential demands of users while advancing productivity and sustainability in manufacturing. New Mastercam® Deburr Solution Introducing Mastercam Deburr for 3-axis, an advanced solution that revolutionizes the deburring process for Mastercam Mill, Mastercam Mill 3D, Mastercam Router, and Mastercam Mill-Turn. Designed to integrate seamlessly with your Mastercam products, this add-on simplifies deburring through automatic edge detection and intuitive controls. Mastercam Deburr allows users to leverage the streamlined deburr cycle in a 3-axis environment without requiring Mastercam Multiaxis, providing faster and more accurate deburring with less manual effort. For users with Mastercam Multiaxis, the
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With the overwhelming amount of data available on a commercial construction project, getting clear information on a project’s status is a huge burden, further complicated by what information is important and to whom. To help companies transmit consistent and easy-to-understand information about project status, SmartPM Technologies has released its highly anticipated Custom Reporting feature, allowing users to visualize their schedule data with ease. Allowing users to easily design reports that present visual project data will increase information accessibility for those who need it most. SmartPM’s simple drag-and-drop functionality empowers users to create a report that “tells a story” rather than just presenting data. “With this release, we wanted to give our customers the ability to hone in on the risks that exist in their projects based on what is most important to them. This will help communicate critical information for project controls because users can dig into the data, highlight relevant risk, and succinctly communicate across
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Trimble announced a new asset lifecycle management software suite called Trimble Unity. This suite enables owners of capital projects and public infrastructure to efficiently plan, design, build, operate and maintain their assets using centralized data and connected digital workflows. Trimble-Unity Combining Trimble's best-of-breed point solutions for capital program and asset management, Trimble Unity unifies and extends its existing offerings to provide end-to-end asset lifecycle management capabilities that help owners optimize their processes, improve outcomes and lower the total cost of asset ownership. This unified, holistic approach enables better decisions about asset rehabilitation and replacement, facilitates reliable and sustainable service delivery and helps ensure regulatory compliance. Owners that use this asset lifecycle management approach can reduce the total cost of asset ownership by as much as 40%.* "Trimble Unity is designed to make it easier for asset owners to achieve core goals — improve asset performance, enhance stakeholder collaboration and optimize capital and operational budgets — as
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