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Items filtered by date: November 2015 - CIMdata
 PDF Supported by Autodesk Vault and Autodesk Fusion Manager Key Takeaways The value of data management and connected processes cannot be overstated. The more connected an organization’s people, processes, and data are, the more competitive they will be. The quality of data is fundamental to training accurate and robust artificial intelligence (AI) models that will facilitate the discovery of meaningful patterns, insights, and correlation, enabling more informed decision-making. Many companies are wary of deploying large-scale complex PLM solutions due to high costs, large numbers of resources required, lengthy deployments, and disruptions to their business, instead preferring more flexible solutions, which are easier, faster, and less expensive to deploy. Autodesk Vault PLM combines Vault Professional with Fusion Manage to provide enterprise-wide collaboration across the product lifecycle—from engineering and supply chain to quality and manufacturing. Introduction In today’s rapidly evolving manufacturing landscape, many companies are challenged with disconnected data management and process challenges. Organizations often rely on outdated, disconnected legacy
Published in Commentaries
Cadence Design Systems, Inc. announced it has completed its previously announced acquisition of BETA CAE Systems International AG, a leading provider of multi-domain, engineering simulation solutions. BETA CAE accelerates Cadence’s Intelligent System Design™ strategy by expanding its multiphysics system analysis suite with highly complementary products, enabling Cadence to offer a more comprehensive portfolio to its customers. BETA CAE has a very strong footprint in the automotive vertical sector and at leading companies in the aerospace, industrial and healthcare industries. BETA CAE has annual revenue of about $90 million, and Cadence continues to expect BETA CAE to contribute about $40 million to its 2024 revenue. Cadence still expects the transaction to be approximately 12 cents dilutive to its 2024 earnings per share and become accretive in 2025, both on a non-GAAP basis. To view the original press release, please click here. Search for Cadence Design Systems on CIMdata.com Search for BETA CAE on CIMdata.com
Published in Newsletter Articles
Nano Dimension Ltd. (“Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printing solutions, today announced that Ambassador Georgette Mosbacher is joining its Board of Directors (the “Board”). Ambassador Mosbacher is the former Chairman and Chief Executive Officer of Borghese, Inc., and the former owner and Chief Executive Officer of La Prairie Group AG, where she built world renowned brands. She continues her leadership at several organizations, including as a senior advisor at Skybridge Capital LLC, a board member of Business Executives for National Security, WISeKey, Atlantic Council, and the Fallen Heroes Fund, as well as an advisory board member of Brasilinvest Group, Royal United Services Institute International, the Dilenschneider Group, Inc., and chairman of the Green Beret Foundation. She has also served as NY Commissioner of Racing (Gubernatorial appointment), and Trustee of the NY Hudson River Park Trust
Published in Newsletter Articles
DXC Technology, a leading Fortune 500 global technology services provider, announced Kaveri Camire has been named Senior Vice President and Chief Marketing Officer effective immediately, reporting directly to DXC President and Chief Executive Officer Raul Fernandez. Camire will oversee all aspects of DXC’s marketing and communications, leading the company’s global team to enhance strategic initiatives, brand and digital campaigns, market activation, content creation, social media and external relations. “As we continue our transformation journey, enhancing our brand positioning is critically important to accelerate our growth,” said Fernandez. “Kaveri brings unparalleled expertise and knowledge in marketing and communications. Her strategic vision, coupled with extensive understanding of global markets and experience executing at scale makes Kaveri a perfect fit. She will be instrumental in elevating our narrative and storytelling efforts with a focus on helping solve customer problems and bringing innovative solutions to the market. We are thrilled to have Kaveri join the DXC team.” Camire brings
Published in Newsletter Articles
Materialise, a global leader in 3D printing software and services, and ArcelorMittal Powders, a business unit of ArcelorMittal established to produce high-quality steel powders, have signed a memorandum of understanding (MOU) to create solutions to optimize laser powder bed fusion (LPBF) equipment and metal 3D printing strategies. Through the MOU, ArcelorMittal will use Materialise’s next-gen build processor for 3D printers. “Our collaboration with Materialise supports our vision that the key to success in additive manufacturing is about finding the right blend of digital instructions and steel powders to deliver the best balance of quality and productivity in an application. Whether developing new applications with new alloys or proving the feasibility of new designs for existing applications through steel additive manufacturing, Materialise offers us a formidable channel to bring build instructions straight to the heart of a 3D printer,” said Aubin Defer, Chief Marketing Officer, ArcelorMittal Powders. The two companies are partnering to
Published in Newsletter Articles
Schaeffler AG announced two important leadership changes within the management level directly below the Board of Managing Directors effective June 1, 2024. Heiko Eber, previously Head of Investor Relations (IR) at Vitesco Technologies Group AG, will lead Investor Relations at Schaeffler AG. Renata Casaro, who has been in charge of IR at Schaeffler since 2017, will lead the newly created Global Risk & Macroeconomic Analysis unit going forward. Both Schaeffler and Vitesco Technologies are confident that their planned merger will become effective at the beginning of the fourth quarter of this year. Heiko Eber took over responsibility for IR at Vitesco Technologies in 2021 and was also in charge of preparing the spin-off from Continental AG starting in 2019. He joined Continental in 2011 and previously worked for Siemens AG. Heiko Eber will report to Group CFO Claus Bauer. Renata Casaro joined Schaeffler AG in 2017. Prior to Schaeffler she was Head
Published in Newsletter Articles
Accenture will host a conference call at 8:00 a.m. EDT on Thursday, June 20, 2024 to discuss its third-quarter fiscal 2024 financial results. An earnings news release will be issued before the call. To participate in the teleconference, please dial +1 (877) 692-8955 [+1 (234) 720-6979 outside the U.S., Puerto Rico and Canada] and enter access code 4074957 approximately 15 minutes before the scheduled start of the call. The conference call will also be accessible live via webcast on the Investor Relations section of the Accenture website at www.accenture.com. A replay of the conference call will be available at www.accenture.com and at +1 (866) 207-1041 [+1 (402) 970-0847 outside the U.S., Puerto Rico and Canada] with access code 1326158, from 11:00 a.m. EDT on Thursday, June 20, 2024 through Wednesday, Sept. 25, 2024. To view the original press release, please click here. Search for Accenture on CIMdata.com
Published in Newsletter Articles
Netskope, a leader in Secure Access Service Edge (SASE), announced significant updates on its business momentum, as global demand for Netskope One, its industry-leading SASE platform, grows at an even faster pace than the broader cybersecurity market. Among many notable achievements helping fuel its growth, Netskope’s company accolades and financial milestones to this point include the following: Grew customer base to over 3,400 customers worldwide, including 4 of the 5 largest Fortune 500 financial services companies, 4 of the 6 largest Fortune 500 healthcare companies, 4 of the 5 largest Fortune 500 telecommunications companies, and 2 of the 4 largest Fortune 500 retail companies that have adopted Netskope One capabilities Surpassed $500 million in annual recurring revenue (ARR) at scale, with growth outpacing the SASE market[1] Delivered critical AI capabilities in data and threat protection, safe enablement of generative AI applications, and numerous other areas, with more than 30% of Netskope customers having already fully
Published in Newsletter Articles
ABB Robotics launched OmniCore™, an intelligent automation platform that is faster, more precise and more sustainable, to empower, enhance and futureproof businesses. The OmniCore platform, the result of more than $170 million of investment in next generation robotics, is a step change to a modular and futureproof control architecture that will enable the full integration of AI, sensor, cloud and edge computing systems to create the most advanced and autonomous robotic applications. “For our customers, automation is a strategic requirement as they seek greater flexibility, simplicity and efficiency in response to the global megatrends of labor shortages, uncertainty and the need to operate more sustainably,” said Sami Atiya, President of ABB’s Robotics & Discrete Automation Business Area. “Through our development of advanced mechatronics, AI and vision systems, our robots are more accessible, more capable, more flexible and more mobile than ever. But increasingly they must also work seamlessly together, with us and
Published in Newsletter Articles
Rockwell Automation, Inc., the world’s largest company dedicated to industrial automation and digital transformation, announces further collaborations with NVIDIA to supercharge the development of safer and smarter industrial AI mobile robots. Earlier this year, Rockwell announced its ongoing work with NVIDIA to increase the scale and scope of AI in manufacturing. The collaboration is now expanding to involve robotics, helping drive the use of AI in autonomous mobile robots (AMRs) to improve performance and efficiency. Rockwell brings AMRs and production automation applications to industrial customers who are looking for increased efficiencies in their factories. This will help unlock unrealized potential in this space via the integration of the NVIDIA Isaac robotics platform. “We’re invigorated by this continued collaboration with NVIDIA,” said Ryan Gariepy, CTO, OTTO Motors by Rockwell Automation. “Rockwell's industrial AI expertise, combined with NVIDIA AI and robotics technologies, is going to help drive an exciting new generation of autonomous mobile robots.” Rockwell also continues its
Published in Newsletter Articles
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