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Items filtered by date: November 2015 - CIMdata
Icebound, a company in division Process Management, announces that it has acquired 100% of the software GPS Timber. GPS Timber is a product that has previously been jointly and equally owned with Datapolarna. Net sales amounts to SEK 7.5 m. GPS Timber is a product for timberyard logistics and driver support that facilitates accurate and efficient management of raw materials at sawmills and pulp mills. The product is currently installed in over 40 industry facilities around Europe. The acquisition strengthens Icebound's offering and market position as an international player in digital solutions for the forest sector and other basic industries. "GPS Timber is a vital system for clients who operates a sustainable and efficient sawmill or pulp mill industry. It is our second acquisition since we established Icebound earlier this year and is in line with our ambition to continuously invest in and develop our offering to the forest and timber industry”, says Staffan
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Infosys a global leader in next-generation digital services and consulting, announced that it has completed the acquisition of InSemi, a leading semiconductor design and embedded services provider. This follows the announcement the company made on January 11, 2024. Infosys has been at the forefront of delivering cutting edge solutions across industries with Engineering R&D services. The strategic investment with InSemi reaffirms Infosys’ commitment to the semiconductor ecosystem and strengthens expertise in Engineering R&D services. Semiconductors are at the heart of the technology which is driving exponential growth of Artificial Intelligence (AI), 5G, Hyperconnectivity, High Performance Computing, Quantum Technology, Electric Vehicles, Virtual Reality, IoT and Smart Devices. This collaboration helps accelerate Infosys’ Chip-to-Cloud strategy, by bringing niche design skills at scale and will also pair seamlessly with existing investments in AI/Automation platforms and industry partnerships. The collaboration will aim to orchestrate comprehensive end-to-end product development for global clients to help them navigate their
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Copperleaf Technologies Inc. (“Copperleaf” or the “Company”), a provider of enterprise decision analytics software solutions, announced financial results for the three months ended March 31, 2024. All amounts are expressed in Canadian dollars unless otherwise stated. Paul Sakrzewski, CEO of Copperleaf commented, “During the first quarter, Copperleaf delivered material growth across all of our key financial metrics. This was highlighted by a 32% YoY increase in Annual Recurring Revenue, and a record backlog, demonstrating a strengthening market understanding of the outstanding value we bring to our clients. Overall, this increasing market understanding, the sustained fundamental tailwinds and improved execution from our focused go-to-market strategies are driving expansion within our core sectors, and momentum in new sectors.” “Throughout the quarter, we added new clients in core sectors and built upon established beachheads in new sectors in line with our strategy. In addition to new client acquisitions, our Client Success Management team showed material success
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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 printers, announced that it will release its financial results for the first quarter of 2024 before the Nasdaq market opens on Monday, June 3rd, 2024. Mr. Yoav Stern, Chief Executive Officer and Member of the Board of Directors, Mr. Tomer Pinchas, Chief Financial Officer & Chief Operating Officer, and Mr. Julien Lederman, VP of Corporate Development, of Nano Dimension will host a conference call on June 3rd, 2024, at 9:00 a.m. ET, to discuss the financial results. Participants can register for the conference by navigating to: https://dpregister.com/sreg/10189110/fc8390b566 The call can be accessed via webcast link or phone as detailed below. For webcast link:https://event.choruscall.com/mediaframe/webcast.html?webcastid=GmLH60ir For phone: U.S. Dial-in Number (Toll Free): 1-844-695-5517 International Dial-in Number: 1-412-902-6751 Israel Dial-in Number (Toll Free): 1-80-9212373 Participants will be required to state their name and company upon entering the call. A replay will
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Centric Software®, the Product Lifecycle Management (PLM) market leader, proudly announces its partnership with iconic global shoe brand, Clarks. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, price and sell products such as apparel, footwear, sporting goods, furniture, home décor, consumer electronics, cosmetics, food & beverage and luxury to achieve strategic and operational digital transformation goals. The heritage footwear brand was founded almost 200 years ago in Somerset, England by brothers Cyrus and James Clark, and remains world-renowned and respected for combining innovation, comfort and craftmanship. The company operates retail, wholesale, franchise and online channels in over 100 markets internationally. Chris Groves, CEO of Centric Software says, “We are thrilled that Clarks has selected Centric PLM™ to optimize their global operations. We are committed to empowering them every step of the way.” To view the original press release, please click here. Search for Centric Software on CIMdata.com
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Infosys, a global leader in next-generation digital services and consulting, announced a strategic three-year partnership with the ABB FIA Formula E World Championship, the global motorsport championship for electric cars, as its official Digital Innovation Partner. Through this collaboration, Infosys will provide in-race analytics, unlock fan engagement experiences, and enhance sustainability reporting and tracking for the Formula E championship. The partnership between Infosys and Formula E will focus on three core areas: fan growth, technology innovation, and continued environmental stewardship. Creating a new Fan Customer Data Platform: With the aim of engaging 500 million fans by 2030, Infosys will help build an AI-powered Fan Customer Data Platform for Formula E to unlock deep fan engagement and personalization opportunities, allowing Formula E to better serve its growing global fan base. In-race insights and Driver Statistics: Leveraging Infosys Topaz, an AI-first suite of offerings using generative AI technologies, the collaboration aims to provide real-time insights and real time driver
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Deltek, the leading global provider of software and solutions for project-based businesses, announced that its quality management software (QMS), Deltek TIPQA, has been recognized with the FAA's prestigious Safety Element Approval. Deltek TIPQA is one of only six companies to receive an approval and the first QMS solution to do so. Receiving an FAA Safety Element Approval affirms that TIPQA software can manage documents effectively and ensure compliant, precise and comprehensive record-keeping for the entire operational lifecycle of licensed sites and vehicle operations. It satisfies the record-keeping portions of 14 CFR §§ 420.61, 450.219(b), and 450.173(g), which pertain to incident and mishap reporting and retention of records. This approval assures government and commercial contractors in the aerospace and defense (A&D) industry, and primarily the space industry, that TIPQA provides a comprehensive solution that meets the FAA's reporting, record-keeping, and document management requirements. Having the Safety Element Approval helps TIPQA customers demonstrate their own commitment to elevating
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Tooling solutions provider Sandvik Coromant introduces advanced sustainability features in its Productivity Analyzer tool, enabling precise measurement of energy consumption and carbon footprint for customers in the manufacturing industry. The updated analyzer offers detailed sustainability metrics, including energy usage per manufactured component, yearly energy consumption and CO2 emissions. New parameters such as efficiency and energy cost empower manufacturers to optimize operations for reduced environmental impact. Trials with a leading automotive manufacturer demonstrated a significant 15% increase in productivity, credited to the analyzer's comprehensive analysis capabilities. By analyzing machine and tool costs alongside energy consumption, Sandvik Coromant provides tailored strategies for emission reduction. This data-driven approach equips customers with actionable insights, fostering a more sustainable manufacturing ecosystem. Sandvik Coromant's holistic sustainability ethos emphasizes waste elimination and data-driven decision-making. Initiatives like the global buy-back scheme for recycling used tools underscore the company's commitment to environmental stewardship. To view the original press release, please click here. Search for Sandvik
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Siemens, a leading technology company, has expanded its software portfolio for the water industry, enabling its customers to optimize their plant operations using artificial intelligence - without the need for technical expertise. These self-service solutions enable users to address the most pressing issues in water and wastewater operations: reducing water loss, preventing pollution from sewers, and ensuring the reliability of treatment assets. The effect of these applications is also a contribution to greater sustainability overall, as the world's water resources can be better protected. "Digital technologies have not yet been widely adopted in the water sector so far," says Anja Eimer, General Manager Global Water Business at Siemens. "The existing OT and IT device landscape of is complex, skilled workers are in short supply, and the business benefits of many digital applications have often been unclear. With our new software offerings, we are adressing these conditions and enabling water companies to
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Desktop Metal, Inc., a global leader in Additive Manufacturing 2.0 technologies for mass production, announced its financial results for the first quarter ended March 31, 2024. “We started 2024 on a solid foot, despite persistent challenges across the capital investment backdrop, which has been a headwind to our overall demand function. The DM team has shown a continued ability to improve operational performance as we decrease our operating expenses for the ninth consecutive quarter,” said Ric Fulop, Founder and CEO of Desktop Metal. “We are continuing to see strong demand for our production binder jet systems that produce metal, sand and ceramic parts, as well as a constructive environment for the value of Additive Manufacturing 2.0 systems. Looking ahead to the balance of 2024, we are confident in achieving positive adjusted EBITDA in the second half of 2024. Given our strategic cost-outs, we expect strong leverage as sales growth returns.” First Quarter 2024
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