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L&T Technology Services announced the inauguration of the Simulation Centre of Excellence for Airbus, strategically located at the LTTS state-of-the-art campus in Bangalore. This Centre of Excellence is designed to bolster engineering support for Airbus aircraft structural simulation activities across its diverse business units in Europe spanning France, Germany, the UK, and Spain. Equipped with the latest simulation software, hardware, and high-performance computational machinery, the Simulation CoE aims to unify and standardize processes across all Airbus European business units and aircraft programs. The ultimate objective is to streamline efficiency and enhance productivity, facilitating the timely achievement of program milestones. Initiated approximately 18 months ago with a specialized core team, the Centre of Excellence (CoE) has demonstrated significant growth and development. The strategic plan includes a substantial scaling up of the centre over the next two years. This expansion reflects the deep commitment of LTTS to fostering innovation and excellence in aerospace engineering,

Centric Software® is pleased to announce that high-performance running brand Saucony will implement Centric PLM™ to drive transformation toward a product-centric R&D and supply chain. 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.  Saucony, established in 1898 in the US, produces both professional and leisure sports shoes and is recognized as one of the top four running shoe brands globally. In 2023, Xtep International reached an agreement with Wolverine Group, the parent company of Saucony, resulting in a joint venture that became a wholly-owned subsidiary of Xtep, responsible for the Saucony brand’s operations in China.  Xtep Group and Saucony are working hand in hand to create ‘China line products’ exclusively for the China market. This

This PLM-focused event will take place in October. Ann Arbor, MI, USA & Stockholm, SWEDEN 24 May 2024—CIMdata and Eurostep are delighted to share the details about the upcoming PLM Road Map & PDT 2024 EMEA conference, scheduled to take place at the Lindholmen Conference Center in Gothenburg, Sweden, on October 23 & 24. This globally recognized PLM-focused event, under the theme "Value Drivers for Digitalization of the Product Lifecycle: Insights for the PLM Professional—Why the investment, what are the returns, and how are they achieved?" promises an engaging exploration of the critical enablers of Product Lifecycle Management (PLM) and its digital transformation. The agenda will feature a curated blend of reports and case studies from industry experts, with a keen focus on addressing the interests of PLM professionals. Covering technologies, processes, and people, PLM Road Map & PDT 2024 seeks to help move product lifecycle digitalization forward and will highlight the

Accenture has completed the acquisition of Intellera Consulting, one of Italy’s main providers of consultancy services focused on public sector innovation. The acquisition, previously announced on April 2, 2024, adds 1,400 professionals with recognized expertise in strategy, consulting and technology for the public administration and healthcare sectors to Accenture’s workforce. Established in 2021 and backed by the Gyrus Capital fund, Intellera Consulting uses its vertical expertise in data and AI to help public sector organizations navigate digital, strategic, and organizational transformation processes, facilitating the use of EU funding, such as the National Recovery and Resilience Plan. With a multidisciplinary team based in offices in Rome and Milan, Intellera Consulting is working with the country’s healthcare providers to deploy more sustainable, agile and inclusive systems. The transaction—completed a few months after announcing the acquisitions of Customer Management IT and SirfinPA, both service providers to the public sector—marks a further step in implementing Accenture’s Italian growth strategy. The terms of the

Accenture has agreed to acquire Partners in Performance, a global strategy consulting firm that works on business performance improvement in asset-intensive industries leveraging data and AI capabilities. Partners in Performance will strengthen Accenture’s offering to clients in industries such as metals and mining, oil and gas, utilities, and chemicals among others, by bolstering cost and productivity reinvention, delivery of capital projects, as well as accelerating energy transition and decarbonization efforts. Partners in Performance has proven expertise in delivering sustainable value for clients in asset-intensive industries; helping C-suite leaders generate long-term growth for their companies by delivering lasting impact and greater resilience using its proprietary data, benchmarks and advanced analytics tools. “Delivering profitable growth with the backdrop of significantly higher levels of disruption caused by technology and macroeconomic factors requires leaders in the C-suite and beyond to have partners that help navigate this prevailing complexity and expanding uncertainty,” said Muqsit Ashraf, chief executive for Accenture Strategy.

Autodesk, Inc. announced it has acquired Wonder Dynamics, makers of Wonder Studio which is a cloud-based 3D animation and VFX solution that combines artificial intelligence (AI) with established tools. Wonder Studio is highly compatible with other popular 3D tools including Autodesk Maya, helping artists more easily animate, light, and compose 3D characters within live-action scenes. Autodesk’s acquisition of Wonder Dynamics will give more creators the ability to add 3D animated characters to their projects and stories while minimizing the learning curve and automating typically complex and time-consuming processes. Terms of the deal were not disclosed. "Bringing Wonder Dynamics into the Autodesk Media & Entertainment portfolio extends our history of empowering artists with innovative and accessible solutions that break down barriers to entry," said Diana Colella, Executive Vice President of Media & Entertainment at Autodesk. "In the 1990s, we helped artists learn how to use computers to create 3D graphics leading to the industry we

ModuleWorks, a leading innovator in toolpath generation and simulation technology for digital manufacturing, announces the acquisition of Celeritive Technologies, Inc., the developer of VoluMill. Through dramatically reduced cycle times and cutting tool costs, VoluMill helps manufacturers become more profitable, flexible and competitive, and maximize the return on their capital investments. Both Celeritive and ModuleWorks have been strategic partners to many of the world’s leading manufacturing organizations for many years. By combining the strengths of both companies, these organizations will benefit from many natural synergies, covering everything from technology to sales and support. It is expected that this will enable more technology to be made available to both sets of customers in the near future. This will help to reinforce ModuleWorks’ position as a global leader in the provision of toolpath and simulation components for digital manufacturing systems. “This strategic acquisition aligns perfectly with our vision of being at the forefront of our industry,”

OpenText Corporation announced that it has purchased Pillr, an MDR platform from Novacoast, Inc. Pillr technology is a cloud native, multi-tenant MDR platform for Managed Service Providers (MSPs) that includes Managed Detection and Response and powerful threat-hunting capabilities. This combination of Pillr technology and OpenText security expertise provides enhanced threat hunting, monitoring, and response for customers where skill gaps, skill shortages, and alert fatigue create a significant need today.  The acquisition accelerates OpenText’s Cybersecurity product roadmap to offer key features including API integrations and product/pricing bundling for MSPs seeking a comprehensive solution to protect, detect and respond to cybersecurity threats.  “We are pleased to welcome Pillr customers and employees to OpenText”, said Mark J. Barrenechea OpenText CEO & CTO. “Cyber threats continue to rise fast and are growing more sophisticated. Organizations need advanced Managed Detection and Response solutions to prevent attackers from gaining the foothold needed to launch an attack. The combination of Pillr’s platform with

Cosmo Tech announces the integration of its AI-Simulation Platform with generative AI and will be demonstrating this latest innovation on Wednesday, May 22nd on the Microsoft for Startups Booth (J47) at Vivatech. The first AI-Simulation Copilot transforms critical decision-making in complex and uncertain environments to anticipate what is coming and confidently optimize operations and strategies for better performance and sustainability. As artificial intelligence (AI) use is growing, complex and industrial organizations are seeking to assist their business decision makers with the right AI techniques that can deal with their real-world needs and specific processes, delivering relevant and reliable insights and recommendations.  By combining core advanced simulation with other AI techniques, including generative AI, the Cosmo Tech Copilot delivers the precision demanded by industry and enterprise.  What would be the impact on delivery, profit and CO2 emission if this transport route is disrupted? How can I mitigate the risk? These are examples of questions and choices for which the

EON Reality, a world leader in the augmented and virtual reality knowledge transfer, has announced the launch of transformative features under the EON AI Ready banner. These advancements represent a revolution in skill-based learning, providing intuitive, multilingual lesson creation enhanced by artificial intelligence. “We are thrilled to continue pushing the envelope of innovation with the introduction of the EON AI Ready features,” said Dan Lejerskar, Chairman of EON Reality. “These powerful tools reflect our commitment to not only enhancing how knowledge is transferred but also to making that process as intuitive and inclusive as possible. We’re particularly proud of the multilingual support, which embodies our philosophy that language should not be a barrier to learning.” EON AI Ready encompasses two distinct capabilities: the express function and the comprehensive mode.  The express function of EON AI Ready is a one-button mode that allows users to create immersive learning experiences with a single text prompt.