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Items filtered by date: November 2015 - CIMdata
Wipro Limited, a leading technology services and consulting company, announced the appointment of Sanjeev Jain as the Chief Operating Officer, effective immediately. Sanjeev succeeds Amit Choudhary, who is stepping down to pursue opportunities outside the organization. Sanjeev will report to Srinivas Pallia and will continue to be a member of Wipro’s Executive Committee. Sanjeev joined Wipro in 2023 as the Global Head of Business Operations. He brings over 30 years of experience in leading large, diverse teams, scaling up global operations, and deploying Lean Six Sigma and design thinking principles to drive operational excellence and business transformation. Over the past year, Sanjeev has been leading Wipro’s talent supply chain, including Wipro’s gig work platform, TopGear, as well as talent skilling, global mobility, talent acquisition, and business resilience functions. He has played a key leadership role in the development and deployment of Wipro’s AI training and upskilling strategy. As Chief Operating Officer, Sanjeev will be
Published in Newsletter Articles
Colt Technology Services (Colt) the digital infrastructure company, announced a five-year strategic collaboration with Infosys, a global leader in next-generation digital services and consulting. Through this engagement, enterprises will stand to benefit from Colt’s award-winning SD WAN, SASE and Network-as-a-Service solutions combined with Infosys’ market-leading expertise in digital transformation offerings. Through this collaboration, Infosys will aim to accelerate Colt’s digital transformation program to build Colt IO, which will automate and simplify services, systems, and processes using next generation platforms. This will make it easier and faster to service customers and to respond to changing market dynamics. In addition, Infosys will also help Colt boost its innovative product roadmap and grow its managed network-as-a-service and application-centric infrastructure solutions. Ash Surti, Chief Digital and Information Officer, Colt Technology Services said, “We’re excited to announce our collaboration with Infosys as we continue our digital transformation journey to deliver the best possible experience for our employees, customers, and partners.” Upendra
Published in Newsletter Articles
Hexagon’s industry-leading asset management solution, HxGN EAM, in collaboration with The APP Group, a leader in property and infrastructure advisory, has been chosen by Intermodal Terminal Company (ITC), an Australian intermodal rail terminal operator and owner, for its groundbreaking Somerton Intermodal Terminal project. Situated in the outer suburbs of Melbourne, Victoria, the innovative 45-hectare terminal represents one of Australia’s most advanced rail infrastructure developments currently under development. Upon completion, it will claim the title of the country’s largest intermodal terminal ever built and make history as the first fully electric intermodal rail terminal. The Somerton Intermodal Terminal, at full capacity, is projected to handle over one million 20-foot equivalents (TEU) annually. It has the potential to become the closest terminal to Melbourne to accommodate double-stacked 1,800-metre trains. Additionally, the terminal promises substantial sustainability benefits, expected to eliminate up to 500,000 truck trips from Melbourne’s roads, equivalent to a reduction of 451 million truck
Published in Newsletter Articles
Siemens AG, a leading technology company, and Hon Hai Technology Group (Foxconn), the world's largest electronics manufacturer, have signed a memorandum of understanding (MoU) to drive digital transformation and sustainability in smart manufacturing platforms.  The collaboration focuses on global manufacturing processes in electronics, information and communications technology, and electric vehicles (EV). Siemens and Foxconn are working together to establish a scalable and seamless engineering and manufacturing ecosystem. Roland Busch, President and CEO of Siemens AG emphasized the significance of this partnership: "We believe in the power of ecosystems to drive digital and sustainability transformation and scale technology. Our partnership underscores our commitment to shape the future of electronics manufacturing. We will support customers with greater efficiency and speed due to optimized engineering and manufacturing workflows.” Young Liu, Chairman and CEO of Hon Hai Technology Group (Foxconn) said: “Foxconn is transforming into a platform solutions provider for smart manufacturing, smart EV, and smart city.
Published in Newsletter Articles
 PDF Key Takeaways The 2024 Oracle Applications & Industry Analyst Summit offered an in-depth look at Oracle’s progress since Oracle CloudWorld last year and their expansive plans for the year to come. Consumer grade+ user experiences are the expectation, with embedded traditional and generative AI making users and their companies more productive and effective. Their Redwood design system is being leveraged to great effect across their applications portfolio and will help their customers and partners to extend Oracle’s offerings to meet new business needs. Oracle Fusion Cloud PLM continues to evolve, with user adoption ramping up. At the same time, Oracle Agile once again gets an end-of-life (EOL) extension to continue to support its long-time customer base. CIMdata had the pleasure of attending the 2024 Oracle Applications & Industry Analyst Summit in Redwood Shores, CA on 24-25 April 2024.[1] Mr. Steve Miranda, Oracle’s Executive Vice President, Application Development, kicked off the first afternoon session providing
Published in Commentaries
Atlanta-based American Software, Inc., through its operating entity Logility, delivers an innovative AI-powered supply chain planning platform that enables resiliency and accelerates digital supply chain transformation, announced that it will release its Fourth Quarter and Fiscal Year 2024 preliminary financial results after the U.S. financial markets close on Thursday, June 6, 2024. In conjunction with the release, the company will host a conference call at 5:00 pm ET to discuss its results with the investment community. A live webcast and replay of the call will be accessible via the investor relations page of American Software’s website at www.amsoftware.com/investor-relations. To view the original press release, please click here. Search for American Software on CIMdata.com
Published in Newsletter Articles
MariaDB plc filed its financial results for the second quarter of fiscal year 2024, which ended March 31, 2024. “Annual Recurring Revenue (ARR) is up 11.9% year-over-year in the second quarter of fiscal year 2024 coupled with a 97% improvement in Adjusted EBITDA loss of $378 thousand versus the prior fiscal year second quarter loss of $12.6 million,” said Paul O’Brien, CEO at MariaDB plc. “In six months, we have demonstrated our ability to quickly turn our financial story around and are optimistic about the future performance of the business.” The Net Loss for the second quarter was $3.5 million, an improvement of $8.4 million as compared to a Net Loss of $11.9 million in the prior period. The financial results can be found in the Quarterly Report Form 10-Q, which is available on the Securities & Exchange Commission’s (SEC’s) website at https://www.sec.gov and on MariaDB’s Investor Relations website at https://investors.mariadb.com under Financials. To view the original press
Published in Newsletter Articles
Stratasys Ltd. will release financial results for the first quarter ended March 31, 2024, after market close on Wednesday, May 29, 2024. The Company plans to hold the conference call to discuss its first quarter 2024 financial results on Wednesday, May 29, 2024, at 5:00 p.m. (ET). The investor conference call will be available via live webcast on the Stratasys Web site at investors.stratasys.com; or directly at the following web address: https://event.choruscall.com/mediaframe/webcast.html?webcastid=H13Rjkjs To participate by telephone, the U.S. toll-free number is 877-407-0619 and the international dial-in is +1-412-902-1012. Investors are advised to dial into the call at least ten minutes prior to the call to register. The webcast will be available for 6 months at investors.stratasys.com, or by accessing the above-provided web address. To view the original press release, please click here. Search for Stratasys on CIMdata.com
Published in Newsletter Articles
Velo3D, Inc.,a leading additive manufacturing technology company for mission-critical metal parts, announced financial results for its first quarter ended March 31, 2024. “We were pleased with our first quarter performance as we continued to successfully execute on our strategic priorities,” said Brad Kreger, CEO of Velo3D. “Specifically, we are now just starting to see the benefit of our new go to market initiatives as we booked $17 million in new orders during the quarter. Additionally, we entered the second quarter with $22 million in backlog. We believe this strength reflects the continued customer confidence in our technology as well as our success in expanding our footprint in our core markets, including the defense sector, as we added 3 new defense customers in the first quarter. Our re-alignment efforts are also showing progress as we further reduced our quarterly costs and improved our operational efficiency. We also executed on our initiatives to improve
Published in Newsletter Articles
ZWSOFT, a reliable all-in-one CAx solutions provider, today announced the release of ZWCAD 2025, the latest version of its powerful 2D CAD solution.  Elaine Zhu, Go-to-market Manager of ZWCAD, said, “We are committed to creating not only a reliable and stable 2D CAD tool in the market, but also a tool that offers powerful 3D viewing and basic 3D modeling capabilities, and is more intelligent and collaborative. She added, “In ZWCAD 2025, we’ve not only refined our 2D functions, but have also introduced significant upgrades in 3D capabilities, the user interface and industry-specific modules. We’re confident that these enhancements can enhance the overall user experience and meet varied needs of our customers.” Now, let's dive into the key new features and enhancements in ZWCAD 2025! Efficient improvementIn ZWCAD 2025, you can open, pan and zoom complex 3D models faster and smoother. Our tests revealed that compared to ZWCAD 2024, the efficiency of opening 3D
Published in Newsletter Articles
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