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Items filtered by date: November 2015 - CIMdata
At Paperless Parts' annual user conference, POWER, Hexagon's Manufacturing Intelligence division and Paperless Parts announced a strategic partnership designed to accelerate the adoption of modern quoting software by forward-thinking custom part manufacturers. Through its broad portfolio of products and top-tier customer service, Hexagon has become synonymous with high-quality, industry-tested solutions across the entire manufacturing lifecycle. Similarly, forward-thinking shops have abandoned antiquated quoting methods in favor of Paperless Parts, which leverages geometric interrogations, automated pricing and costing logic, Artificial Intelligence (AI), and advanced workflow technology to revolutionize the quoting process. Through this partnership, Hexagon and Paperless Parts can equip tech-forward manufacturers to increase revenue, drive operational efficiency, and leverage modern software solutions to make American manufacturing more competitive and profitable. Paperless Parts will also soon be available to Hexagon customers on the Nexus Digital Reality Platform, an open cloud-based platform designed to connect technologies from both Hexagon and its partner ecosystem. “We've been a long-standing user of both
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The Nemetschek Group announced that Dr. Rebecca Koch has been appointed as its Chief People Officer, joining the organization as of September 1, 2024. In this role, she will be responsible for further evolving the Group’s global people organization strategy and operations with a particular focus on culture, leadership, collaboration and sustainable business growth. With more than 15 years of experience in international business and HR leadership roles, she brings in a holistic perspective on people and business challenges such as digitalization, transformation and M&A. Rebecca Koch joins the Nemetschek Group with broad experience in HR, business and consulting roles. In her last position at DB Schenker, she was Chief People Officer Europe and was looking after around 45,000 employees. Her extensive experience also includes several HR leadership roles at the US medical technology company Becton Dickinson, where she was most recently responsible for Talent & Culture in the Greater Asia region, based
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Blackline Safety Corp. (“Blackline”, the “Company”, “we” or “our”), a global leader in connected safety technology, reported its fiscal second quarter financial results for the period ended April 30, 2024.  Management Commentary   “We achieved our highest quarterly revenue ever at $31.6 million, a 31% increase over the prior year’s second quarter. This result, coupled with our highest gross profit at $18.0 million and highest gross margin at 57% demonstrate the strength of our hardware-enabled software as a service business model as the company scales,” said Cody Slater, Blackline Safety Corp. CEO and Chair. “Our record ARR of $56.5 million, up 33% year-over-year, and NDR at 130%, up from 118% twelve months ago, signals the value that our loyal customers see in the Blackline Platform, our unique hardware and software connected safety solution. Our ARR growth is driven by new customer acquisition and our NDR performance is fueled by our existing enterprise customers expanding their current contracts,
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Aras, a leader in product lifecycle management (PLM) and digital thread solutions, announced the availability of its new Supplier Management Solutions for Aras Innovator®. This suite of applications streamlines collaboration, assessment, and connectivity with suppliers and OEMs by providing secure, remote access to controlled subsets of digital thread and PLM information through configurable mobile-optimized web applications. Addressing Industry ChallengesProduct oriented organizations rely on suppliers and business partners as extensions of their operations. In recent years, the supply chain has experienced increasing pressure from strict compliance regulations, new sustainability initiatives, and an increased focus on transparency. For example, the Digital Product Passport initiative in the European Union strives to promote sustainability and sourcing transparency by mandating tracking and reporting guidelines for a range of industries starting in 2026. Many organizations struggle to meet these demands due to outdated systems, limited visibility into partner information, and inconsistent communication with supply chain partners. Streamlined Supplier Collaboration with Aras’ Unified Secure
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Cadence Design Systems, Inc. announced a broad collaboration with Samsung Foundry that includes technology advancements to accelerate design for AI and 3D-IC semiconductors, including on Samsung Foundry’s most advanced gate-all-around (GAA) nodes. The ongoing collaboration between Cadence and Samsung significantly advances system and semiconductor development for the industry’s most demanding applications, including AI, automotive, aerospace, hyperscale computing and mobile. Through this close collaboration, Cadence and Samsung have demonstrated the following: Cadence.AI enables lower leakage power and development of SF2 GAA test chips: Cadence, in close collaboration with Samsung Foundry, has leveraged the Cadence® Cerebrus Intelligent Chip Explorer and its AI technology in both DTCO and implementation to minimize leakage power on their SF2 GAA platform. Compared to the best-performing baseline flow, the Cadence.AI result achieved a more than 10% reduction in leakage power. As part of this ongoing collaboration, a mutual customer is actively involved in the development of a test chip using Cadence.AI for an SF2
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The latest version of Cadmatic software (2024T2) is absolutely packed with exciting new features. We've made designers' lives easier and elevated the user experience to a whole new level! Top Picks – what we are most excited about in 2024T2! Outfitting/3D Plant Design P&ID View Integration: With the new P&ID view in Plant Modeller and Outfitting applications, users can insert valves and equipment directly from the P&ID view into the model. Pipe routing can now start directly from the P&ID drawing, providing a clear view of what is and isn’t in the 3D model. Hull Insulation Visualization: Outfitting designers can now view hull insulation within the outfitting model, enhancing accuracy and design efficiency. Data Protection Policies: Implement new policy settings to prevent unauthorized CX exports and protect modifications to the library, ensuring data security and integrity. P&ID Electrical Instrument Integration: Seamlessly integrate instrument data from P&ID to Electrical with our new feature. The enhanced mapping definition ensures
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Centric Software® has concluded a successful two-day ‘cycle of excellence’ summit in Shanghai, titled ‘Renewing Together, Going Forward Together. Nearly 400 Centric customers, partners and industry experts were immersed in Centric Software’s take on China’s consumer goods industry. Over 20 speakers from leading fashion, sports, food, cosmetics and other consumer goods companies and industry experts shared extraordinary insights into consumer goods trends and corporate practices. Joe Groves, Senior VP of Global Sales, gave the keynote speech. According to Groves, the retail industry is undergoing changes with drastic reductions in time-to-market and that Centric provides end-to-end solutions to address this. “Centric gives customers a seamless experience through an AI-driven integrated platform for PLM, planning, pricing, inventory optimization and competitive market intelligence.” He stressed the importance of the Chinese market, “China is one of the largest and fastest-changing retail markets in the world, and it is also one of Centric’s largest customer groups.” Groves thanked the
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Synopsys, Inc. announced that its AI-driven digital design and analog design flows have achieved certification on Samsung Foundry's SF2 process with multiple test chip tapeouts. The reference flows, powered by the Synopsys.ai™ full-stack EDA suite, enhance PPA, boost productivity, and accelerate analog design migration for Samsung Foundry's latest Gate-All-Around (GAA) process technologies. The Samsung SF2 process was optimized using Synopsys' AI-driven design technology co-optimization (DTCO) solution which delivered significantly superior performance, power, and area (PPA) for the process compared to optimization without the use of AI. Building on this success, the same co-optimization techniques will be applied for Samsung's advanced SF1.4 process. "The demand for custom SoCs in the era of pervasive intelligence requires extensive ecosystem collaboration to help customers accelerate their innovation and silicon success on Samsung's SF2 and next-generation SF1.4 processes," said Sanjay Bali, vice president of product management and strategy for the EDA Group at Synopsys. "Achieving certification and multiple successful tapeouts of our digital
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The ‘Girls in STEM’ mentor program, a collaboration sponsored by bp and Infosys Foundation USA, recently concluded its successful 10-week mentoring program aimed at inspiring middle school girls to pursue careers in science, technology, engineering, and mathematics (STEM). The program engaged students from West Briar Middle School in Houston Independent School District (HISD) and several Alief Middle Schools, providing them with valuable insights and hands-on experiences. Throughout the program, employees from bp and Infosys volunteered their time to mentor the young participants once a week. The mentors shared their expertise, experiences, and passion for STEM fields, guiding the students through the Learning Blade platform to explore various STEM careers. Additionally, the participants were connected with the Million Women Mentors initiative, fostering a supportive network of women in STEM. To celebrate the program, a day-long event was organized at the bp office in Houston. Over 100 girls had the opportunity to interact with young women engineers
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Altair, a global leader in computational intelligence, has opened a new office in Thessaloniki, Greece. Located in the heart of downtown Thessaloniki, the office solidifies the country’s status as hub for regional growth since opening its first Hellenic office in 2012.  “Altair’s growth in Greece has skyrocketed and expanding our presence in Thessaloniki with a second office is further evidence that our work is making an impact for our customers, both locally and in Europe,” said Lazaros Tsioraklidis, managing director, Altair Hellenic. “Additionally, our workforce in Greece has grown 140% in four years and we are excited to continue this upward trajectory to attract dynamic new talent and provide enhanced service to our clients.”  The new location complements Altair’s two other locations in Greece – in Athens and the outskirts of Thessaloniki – and is actively hiring for various positions including meshing and geometry developers, CAE and CFD engineers, global technical positions,
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