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Items filtered by date: November 2015 - CIMdata
Honeywell and Weatherford announced a partnership to deliver a comprehensive emissions management solution for the energy industry. The agreement combines Honeywell's emissions management suite with Weatherford's Cygnet SCADA platform, providing customers with a powerful tool to monitor, report, and take measures to help reduce greenhouse gas emissions, flammable hydrocarbons, and other potentially dangerous and toxic gases. The integrated solution enables upstream oil and gas operators to track emissions data in near real-time, identify and address potential issues, and meet regulatory requirements. The collaboration also provides customers with access to advanced analytics and reporting capabilities, helping them make data-driven decisions to reduce emissions, improve environmental performance and meet their environmental goals. "Honeywell's partnership with Weatherford highlights the importance of empowering organizations with solutions that can help quantify and reduce emissions within the energy industry," said Pramesh Maheshwari, President of Honeywell Process Solutions. "By integrating our emissions management solution with Weatherford's well lifecycle technology, our customers can now accurately set targets and monitor
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IBM and SAP SE announced their vision for the next era of their collaboration, which includes new generative AI capabilities and industry-specific cloud solutions that can help clients unlock business value. "IBM and SAP's shared approach to generative AI, built on an open ecosystem, trust and purpose-built models, will help empower clients to optimize business outcomes," said John Granger, Senior Vice President, IBM Consulting. "Our new Value Generation partnership initiative will enable clients to accelerate the path to innovation, competitive advantage and become a next generation enterprise through generative AI." "It makes perfect sense to expand our partnership with IBM to help more customers accelerate their cloud journey leveraging RISE with SAP and realize the transformative benefits of generative AI for business in the cloud," said Scott Russell, Chief Revenue Officer & Executive Board Member, Customer Success of SAP SE. "This expanded partnership will help more of our joint customers reach new heights by innovating through the
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Keysight Technologies, Inc. released its 2023 Corporate Social Responsibility (CSR) Report, highlighting the company’s recent environmental sustainability, social impact, ethical business and governance, diversity, and equity achievements. The report, with its accompanying 2023 CSR Data Report, encompasses Keysight’s sustainability performance in fiscal year 2023 and includes operations worldwide, unless otherwise noted. Data includes disclosures that have been prepared with reference to the Global Reporting Initiative (GRI) revised universal topic standards and aligned to the Sustainability Accounting Standards Board (SASB) frameworks, as well as additional human capital metrics not included in the mentioned frameworks. Keysight’s 2023 CSR Report showcases how the company progressed toward long-term goals, exceeded its key impact goals in the social space, and met its ethical business and governance goals. These goals were attained all while continuing to make positive contributions to purposeful technology and transparency with key environmental, social, and governance (ESG) reporting frameworks. Made progress toward environmental sustainability goalsThe company
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SAP SE announced that it has extended the contract of CEO and Member of the Executive Board Christian Klein (44) for three years, until the end of 2028. The company has also strengthened Klein’s role, making him chairman of the Executive Board, where he was previously speaker. Klein joined the SAP Executive Board in 2018 and was named co-CEO in October 2019 before being appointed the sole CEO of SAP SE in April 2020. “In his role as CEO, Christian Klein has consistently driven SAP’s transformation to a cloud company,” said Professor Hasso Plattner, chairman of the Supervisory Board of SAP SE. “I would like to thank Christian Klein for his outstanding contribution to SAP’s success. With the early extension of his contract and a further strengthening of his position, we are clearly underlining his important role in SAP’s ongoing transformation. We are convinced that this will lay the foundation for SAP’s continued growth
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Wipro Limited, a leading technology services and consulting company, announced the appointment of Vinay Firake as the Chief Executive Officer, APMEA (Asia Pacific, India, Middle East & Africa) Strategic Market Unit (SMU), effective immediately. Vinay will report to Srini Pallia and will also join the Wipro Executive Board. Vinay has been with Wipro for 26 years and has grown with the organization, serving in various leadership roles. He was most recently the Senior Vice President and Managing Director of Wipro-Nordics Business Unit based in Stockholm, where he led Operations across all industries and services. Prior to that, he led the Manufacturing & Automotive Business Unit in Europe and held various roles spanning Europe and North America, including Global Head for the Enterprise Digital Operations & Platforms business and Sales Head for Wipro's Enterprise Applications businesses in Europe. “Vinay has successfully led Wipro in diverse regions globally and is the perfect candidate for
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Trimble opened registration for its 2024 Insight Tech Conference, which will be held September 15-17 at The Venetian Resort in Las Vegas.  In its seventh year, Trimble’s Insight Tech Conference will bring more than 1,500 transportation industry influencers together for an unparalleled array of innovation, networking and collaboration. With over 200 educational sessions, including the executive-focused Leadership Series, attendees will hear from a range of experts on the industry’s most pressing topics — from AI and cybersecurity to driver safety and retention.  “Trimble’s Insight Tech Conference provides a unique opportunity for the best in transportation and logistics to connect with leading technology providers,” said Michael Kornhauser, sector vice president of transportation & logistics at Trimble. “Insight’s theme is ‘Where Technology Meets the Road,’ which aligns our focus on developing capabilities that are deeply impactful to our customers, partners and the industry as a whole. Trimble is transforming transportation and the connections made at
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Cadence Design Systems, Inc.: WHO: Nimish Modi, senior vice president and general manager, Strategy & New Ventures, Cadence Design Systems, Inc. WHAT: Modi will participate in a virtual fireside chat at the 19th Annual Needham Technology, Media, & Consumer Conference on Thursday, May 16, 2024. WHEN: The talk will be available live by webcast at 9:45 a.m. PDT on Thursday, May 16, 2024. The presentation will be archived on the Cadence website and will be available for replay for 90 days. WHERE: The webcast will be available online at cadence.com/cadence/investor_relations. To view the original press release, please click here. Search for Cadence Design Systems on CIMdata.com
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Xometry, Inc., the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, announced that management will attend the following investor events: J.P. Morgan Global Technology, Media and Communications Conference, May 20, in Boston at 8 a.m. E.T. William Blair Growth Stock Conference, June 5, in Chicago at 2:40 p.m. C.T. Webcasts and replays of the fireside chats will be accessible within the Investor Relations section of Xometry’s website following each session. Xometry’s two-sided marketplace plays a vital role in the rapid digital transformation of the manufacturing industry. Xometry’s proprietary technology shortens development cycles, drives efficiencies within corporate environments and helps companies create resilient supply chains. Xometry’s product portfolio includes: its industry leading digital marketplace; popular Thomasnet® industrial sourcing platform, and cloud-based tools, including Xometry Teamspace, delivering centralized project management software for large, mission-critical projects. To view the original press release, please click here. Search for Xometry on CIMdata.com
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In the first quarter 2024 the CENIT Group has continued its strong performance from 2023 and remains on course for growth. After three months, the CENIT Group has generated sales revenues of EUR 50,545 k (previous year: EUR 43,416 k/+16.4%). Sales of third-party software increased by 17.6% to EUR 26,188 k (prior year: EUR 22,278 k). Sales of CENIT's own software increased significantly from EUR 3,351 k to EUR 4,472 k (+33.5%). Sales revenues in the CENIT consulting and services segment increased by 11.9% to EUR 19,856 k (previous year: EUR 17,746 k). – In the first quarter 2024 the CENIT Group has continued its strong performance from 2023 and remains on course for growth. After three months, the CENIT Group has generated sales revenues of EUR 50,545 k (previous year: EUR 43,416 k/+16.4%). Sales of third-party software increased by 17.6% to EUR 26,188 k (prior year: EUR 22,278 k).
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The HOMAG Group’s sales and earnings declined in the first quarter of 2024. This was due to the significant drop in demand last year. “Business development in the first three months of 2024 is in line with our expectations,” explained CEO Dr. Daniel Schmitt. “Although our order intake increased slightly due to a fairly good project and service business, the woodworking industry is still reluctant to invest. As a result, we cannot yet speak of a recovery in demand or a turnaround.” The HOMAG Group’s order intake increased by seven percent to EUR 377 million in the first three months of 2024 (previous year: EUR 353 million). The order backlog decreased to EUR 871 million as of March 31, 2024 (3/31/2023: EUR 1,036 million). The weaker order intake in 2023 is reflected in the HOMAG Group’s sales performance in the first quarter of 2024. Sales decreased by 14 percent to EUR 347
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