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Items filtered by date: November 2015 - CIMdata
Black Buffalo 3D has broken ground in Fort Worth’s Southside community with its pilot LoMa 3D-printed home at 100 W. Bolt St. The first of its kind in the world, the LoMa home utilizes technology that makes it the first International Code Council Evaluation Service (ICC-ES)-approved home to use load-bearing 3D-printed walls. “We are excited to be printing a home in a densely populated area that will provide more people with an opportunity to witness the future of construction. This home will showcase the benefits of structural 3D construction including efficiency, low cost of ownership, and the ability to withstand natural and manmade disasters,” remarked Mike Miceli, CEO of Black Buffalo 3D. Dubbed “LoMa” for its low-maintenance nature, the home was designed in partnership with Boxer Property to showcase the ease of the immediate construction process as well as future maintenance and upkeep. Once the walls are printed with proprietary Planitop 3D
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Capgemini Government Solutions LLC announced a new initiative with The Defense Advanced Research Projects Agency (DARPA) to investigate the use of quantum computing in the field of carbon capture. Beyond pushing the boundaries of technological innovation, this project provides an opportunity for Capgemini to work alongside the U.S. government to advance sustainability efforts and promote a greener future. To support this work, Capgemini will leverage its engineering talent across the globe to navigate the complex ecosystem of carbon capture. As part of this agreement, Capgemini will offer the use of its specialist hybrid intelligence team’s capabilities to tackle high-impact exploratory efforts and identify breakthrough technologies that can accelerate innovation and digital transformation. DARPA’s Advanced Research Concepts (ARC) topic, ‘Imagining Practical Applications for a Quantum Tomorrow’ (IMPAQT), will focus on exploring quantum algorithms. The goal of Capgemini’s research is to better understand the predictive features of materials by leveraging quantum simulation. The results can be used in data-driven
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Centric Software® is pleased to announce that INOV8 has selected Centric PLM™ to drive growth and speed innovation. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such as fashion, outdoor, luxury, multi-category retail, grocery, food & beverage, cosmetics & personal care and consumer electronics to achieve strategic and operational digital transformation goals. Founded in 2003 in the British Lake District, INOV8 has become one of the world’s leading brands for off-road runners, hikers and fitness athletes. It is an ambitious sportswear pioneer whose footwear, clothing and equipment keeps athletes within the flow. INOV8 also has the exclusive use of Graphene – the world’s strongest material – in the rubber outsoles and foam midsoles of its shoes, enhancing both performance and durability. The brand trades in 50+ countries and has six of its own brand stores – five in the
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Himed, a leading US-based manufacturer of bioceramic materials, and Lithoz, global market leader in ceramic 3D printing technology, have announced the joint launch of a new Bioceramics Center of Excellence™ (BCoE) at Himed’s New York headquarters. The BCoE will offer a holistic approach to R&D with bioceramics for medical device manufacturers by integrating various analytical services to support the rapid prototyping process. The newly founded institution unites Himed’s impressive three decades of expertise in innovating bioceramics for efficient human bone healing with the new dimension of design freedom offered by the ultra-precise Lithoz LCM ceramic 3D printing technology.  The launch is timely; with increased life expectancy, the increased demand for bioceramic materials in healthcare and dental care—primarily in the form of implants—means the global bioceramic industry is expected to reach a milestone of USD 10.2 billion by 2028. With the launch of this BCoE, Lithoz LCM technology will provide the key technology to extending Himed’s
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The Nemetschek Group, a leading global software provider for the AEC/O and media industries, participated in a Series A funding round for SmartPM Technologies, Inc., a leading innovator in automated project controls for construction. The investment is a continuation of the business relationship with SmartPM. Already last year, the Nemetschek Group announced an investment. “What excites us about SmartPM is how it helps construction executives and site teams solve operational problems by helping them understand the root cause and potential solutions for scheduling issues. This simple and easily adoptable solution delivers value without changing established schedule workflows. We are very much looking forward to continuing our collaboration with the SmartPM team, especially under the guidance of their exceptional leadership,” says Matt Wheelis, SVP Strategy, Build & Construct at the Nemetschek Group. Wheelis is part of the board of SmartPM. SmartPM is developing schedule controls software, specializing in data-driven tools and analytics for the
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Oracle announced plans to open two Oracle Cloud Regions in Morocco to offer enterprise cloud services to local and regional organizations across Africa. The upcoming new regions will enable Oracle customers and partners to migrate mission-critical workloads from their data centers to Oracle Cloud Infrastructure (OCI), while helping them comply with local regulations. As a result, customers and partners can access a wide range of cloud services to modernize their applications and innovate with AI, data, and analytics. The planned public cloud regions in Casablanca and Settat underscore Oracle’s commitment to Africa and will help drive the digital transformation of enterprises, startups, universities, and investors in Morocco and across the region. A Memorandum of Understanding (MoU) to establish the two Oracle Cloud Regions in Morocco was signed by Mr. Mohcine Jazouli, Minister Delegate to the Head of Government in charge of Investment, Convergence, and Evaluation of Public Policies; Ms. Ghita Mezzour, Minister Delegate to
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RedTeam, a leading provider of construction management software solutions, announces the appointment of Patrick Smith as Chief Technology Officer (CTO) and Mark Ridenhour as Vice President of Finance and Operations. These strategic hires underscore RedTeam’s dedication to advancing its product roadmap and enhancing operational efficiency. Patrick Smith brings extensive experience in organizational leadership, business strategy and custom software development to his role as CTO. His rich technical background spans two decades and multiple industries. Prior to joining RedTeam, Patrick served as the Platform Engagement Lead at PwC, where he spearheaded the development of custom software solutions for both internal teams and clients. Patrick’s expertise in delivering innovative applications that solve end-user problems aligns perfectly with RedTeam’s mission to offer cutting-edge construction management solutions. “RedTeam’s mission of creating better days for everyone in construction and their vision of accomplishing that through technology align perfectly with my passion for developing innovative technology products that drive
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Stratasys Ltd. (“Stratasys” or the “Company”), a leader in polymer 3D printing solutions, announced financial results for the first quarter 2024. First Quarter 2024 Financial Results Compared to First Quarter 2023: Revenue of $144.1 million compared to $149.4 million. GAAP gross margin of 44.4%, compared to 43.8%. Non-GAAP gross margin of 48.6%, compared to 47.3%. GAAP operating loss of $24.5 million, compared to an operating loss of $16.8 million. Non-GAAP operating loss of $1.2 million, compared to non-GAAP operating income of $1.5 million. GAAP net loss of $26.0 million, or $0.37 per diluted share, compared to a net loss of $22.2 million, or $0.33 per diluted share. Non-GAAP net loss of $1.7 million, or $0.02 per diluted share, compared to non-GAAP net income of $1.1 million, or $0.02 per diluted share. Adjusted EBITDA of $4.1 million, compared to $7.0 million. Cash generated by operating activities of $7.3 million, compared to cash used by operating activities of $17.9 million in the
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Ansys announced the launch of Ansys Access on Microsoft Azure to enable seamless deployment of pre-configured Ansys products on Azure cloud platform infrastructure. Available May 30, customers using their own Azure subscription with existing Ansys licenses can benefit from a more scalable, secure, and cost-effective approach to running HPC simulations in the cloud. As cloud computing continues to gain traction across industries, the demand for purpose-built hardware focused on HPC requirements has increased. Additionally, there are many challenges that need to be addressed when using simulation in the cloud. These include validating on-premises workloads that have been shifted to the cloud, the ongoing work to deploy and test new virtual machines (VMs) and configuring adjacent cloud-based infrastructure in a cost-effective manner.  Ansys Access on Azure addresses these challenges by delivering pre-tested and configured Ansys applications updated with each major release and aligned to a curated set of recommended VMs and HPC infrastructure.
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Aspen Technology, Inc. (AspenTech), a global leader in industrial software, introduced new and expanded capabilities now available in aspenONE®, the company’s portfolio of asset optimization solutions, spanning design, operations and maintenance. The latest version of aspenONE, V14.3 May 2024, helps customers achieve new levels of operational excellence with expanded Industrial AI throughout the portfolio, additional integration of industrial data management across solutions and advancements in planning and scheduling capabilities.  “On the heels of OPTIMIZE 24 earlier this month where 1,100 customers and partners joined AspenTech for a week of discussions, it’s clear that asset-intensive industries are intensely focused on leveraging technology to achieve business performance objectives while making operations greener and safer,” said Rasha Hasaneen, Chief Product and Sustainability Officer at AspenTech. “The newest version of aspenONE, specifically enhancements to Aspen Unified solutions, is designed to enable customers to significantly streamline user workflows and drive the highest levels of optimization possible.”  AspenTech's
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