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Items filtered by date: November 2015 - CIMdata
CGTech is proud to announce the latest release of VERICUT, Version 9.5. VERICUT leads the industry in CNC machine simulation, verification, and optimization across processes like metal cutting, additive manufacturing, hybrid manufacturing, and composites. It is an independent, standalone software that seamlessly integrates with all major CAM and tool management systems, as well as existing NC programs- even those that have been edited, or created by means other than CAM. In addition to improvements within the core product, VERICUT 9.5 focuses on improving the user experience, practically automating NC program optimization, while maximizing production efficiencies across multiple processes, and minimizing downtime. "We’re excited to unveil VERICUT 9.5, featuring cutting-edge innovations like the new Tool Summary with Heat Map display showing tool wear with tool life analytics, and real-time CNC machine connectivity. This release underscores our commitment to enhancing precision and efficiency in manufacturing processes, ensuring our users stay ahead in an increasingly
Published in Newsletter Articles
Accenture has completed the acquisition of OPENSTREAM HOLDINGS and its subsidiaries, Open Stream and Neutral, to help clients reinvent their businesses with advanced digital technologies and become truly data-driven. Terms of the acquisition were not disclosed. The acquisition, previously announced on May 17, 2024, adds approximately 1,000 cloud and other digital experts to Accenture’s cloud and digital engineering and manufacturing teams. They will strengthen Accenture’s capabilities to support clients in system and application modernization and help them adopt cloud, data, AI and IoT technologies. They will also enhance Accenture’s business by bringing a strong client portfolio and automation solutions for the entire product value chain, from procurement and manufacturing processes to logistics and after-sales service. To view the original press release, please click here. Search for Accenture on CIMdata.com Search for OPENSTREAM HOLDINGS on CIMdata.com
Published in Newsletter Articles
Technia, a company in Division Product Lifecycle Management, announces that it has signed an agreement to acquire Prime Aerostructures. The company is a leading Dassault Systèmes Partner based in Vienna, Austria. Prime Aerostructures has about 10 employees and net sales of SEK 45 million. Prime Aerostructures is a simulation leader in the aerospace engineering industry and a trusted partner to many aerospace companies. Specializing in advanced aerostructures, Prime Aerostructures employs technologies and services to design lightweight, high-performance components that improve aircraft efficiency and safety. The services cover the entire product lifecycle, from concept to production and certification. ”For our global clients, the addition of Prime Aerostructure offers enhanced strategic support and expertise, leveraging our strong SIMULIA and 3DEXPERIENCE portfolios. With top-tier skills in advanced simulation, Product Lifecycle Management (PLM), and System Integration (SI), we're eager to extend our engineering services to a wider range of potential customers in both aerospace and non-aerospace
Published in Newsletter Articles
Altair, a global leader in computational intelligence, announced it has entered into a definitive agreement to acquire all of the outstanding capital stock of Metrics Design Automation Inc. (Metrics), a Canadian company with a game changing simulation as a service (SaaS) business model for semiconductor electronic functional simulation and design verification. Closing of the transaction is subject to customary conditions. The Metrics digital simulator, DSim, when combined with Altair’s Silicon Debug Tools, will deliver a world-class, advanced simulation environment with superior simulation and debug capabilities in the EDA and semiconductor space. The cloud-based business model has the potential to transform the semiconductor space by making high caliber EDA design tools much more affordable and accessible for companies looking to aggressively scale out simulations to accelerate design cycles. Today, integrated circuit (IC) design verification has high licensing costs and may require hundreds and sometimes thousands of seats to run a single chip simulation.
Published in Newsletter Articles
Capgemini announces the acquisition of Lösch & Partner to augment its capabilities in application lifecycle management and systems engineering, notably for German automotive manufacturers. The transaction closed on June 28, 2024. Lösch & Partner is headquartered in Munich. Since its creation in 1984, Lösch & Partner has built-up deep expertise on industry leading tools and processes for application lifecycle management and systems engineering in the automotive industry, establishing it as one of the most experienced and specialist boutique providers in Germany. Capgemini and Lösch & Partner share a number of common clients in the automotive space. As a strategic business partner to its clients, Capgemini is pioneering intelligent industry – the new era of digital transformation – characterized by a growing convergence of the physical and virtual worlds in terms of products, software, data, and services. The management of applications, throughout their lifecycle, is crucial to the development and maintenance of software-defined products
Published in Newsletter Articles
PDSVISION UK Ltd and Wilde Analysis Ltd, two leading digital engineering software and services companies, are excited to announce their merger, effective July 1, 2024. This strategic move brings together decades of expertise, resources, and a shared commitment to digital transformation solutions. The merger streamlines PDSVISION’s market presence within the UK and Ireland and further unifies its software sales, support, certified training, and consulting services as one integrated team. The companies have a similar history, have strong customer relationships and technology partnerships, and operate within the same industrial markets. Consequently, their respective IPs, industry-specific solutions, and customer bases complement each other very well. Operating under one consolidated brand within the UK and Ireland will better represent the global organization and its collective expertise. Wilde Analysis’ solutions will now be presented on the global pdsvision.com website, together with communication on rebranded social media accounts and emails with the pdsvision.com domain. Key Highlights: Formation of PDSVISION
Published in Newsletter Articles
Addnode Group is pleased to invite investors, analysts, and media to a presentation where President and CEO Johan Andersson and CFO Kristina Elfström Mackintosh will present the interim report January – June 2024. After the presentation, there will be an opportunity to ask questions. Date: Friday July 12, 2024 Time: 11:00 AM CEST Access to the audiocast and teleconference with the ability to ask questions verbally: https://www.addnodegroup.com/report/q2-2024/ The presentation will be held in English. The interim report will be published the same day at 10:30 AM CEST. The full report, presentation, and links to the audiocast and teleconference will be available on www.addnodegroup.com To view the original press release, please click here. Search for Addnode on CIMdata.com
Published in Newsletter Articles
Sandvik will publish its second quarter results on Friday, July 19, 2024, at approximately 12:30 PM CEST. A combined webcast and conference call for investors, analysts and financial media will be held at 2:00 PM CEST. The report will be presented by Stefan Widing, President and CEO as well as by Cecilia Felton, CFO. The presentation will be broadcasted live on our website home.sandvik Dial-in details for the conference call: SE: +46 (0) 8 505 100 31 UK: +44 (0) 207 107 06 13 US: +1 (1) 631 570 56 13 From about 1:30 PM CEST presentation slides will be available on our website home.sandvik To view the original press release, please click here. Search for Sandvik on CIMdata.com
Published in Newsletter Articles
Tecsys Inc., an industry-leading supply chain management SaaS company, announced its results for the fourth quarter and full year of fiscal 2024, ended April 30, 2024. All dollar amounts are expressed in Canadian currency and are prepared in accordance with International Financial Reporting Standards (IFRS). “Fiscal 2024 has been a landmark year for Tecsys in which we have demonstrated our ability to drive continued growth and expand market opportunity,” said Peter Brereton, president and CEO at Tecsys. “Our SaaS revenue surged by 39% in fiscal 2024 and we achieved record-breaking SaaS bookings in our fourth quarter as well as for the full year. We head into fiscal 2025 with confidence that we are delivering exceptional value to our customers and are well-positioned to capitalize on our market momentum.” Mark Bentler, chief financial officer of Tecsys Inc., added, “Our financial performance in fiscal 2024 underscores the strength of our business model. With a
Published in Newsletter Articles
 PDF Enabling digital transformation to drive user, organizational, and business value Key Takeaways Siemens' strategic partnerships are delivering significant new value-added capabilities to both Siemens and their partners’ customers, e.g., an expanded relationship with Microsoft around Artificial Intelligence. Siemens is continuing its move to SaaS and cloud delivery of its Siemens Xcelerator industrial software portfolio and platform – with an expanding adoption by small- to medium-size businesses. Teamcenter’s multi-domain enterprise BOM functionality provides full lifecycle structure and configuration management across mechanical, electrical, electronic, software, simulation and service design, development, validation, production, and in-service use. The use of Mendix throughout the Siemens Xcelerator portfolio is expanding rapidly. This low-code solution is being used to extend each of the portfolio solutions’ capabilities, enable integration with in-house and third-party applications, and more and more enabling a common user interface for components of the portfolio and the environments being created by Siemens’ customers. CIMdata attended Siemens Digital Industries Software Realize LIVE
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