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On April 25th, Tango brought together industry leaders, innovators, and clients for the second annual WatchWire by Tango User Conference, INTEGRATE. The conference centered on the critical theme of integrating energy and sustainability within businesses in a data-driven, pragmatic, and action-oriented manner. “Risk management and energy pragmatism are crucial for businesses to operate efficiently in today’s complex sustainability and regulatory environment”, stated Andy Anderson, Tango’s EVP of Energy and Sustainability Solutions and Chief Sustainability Officer. “At this year’s INTEGRATE, we are excited to share with our customers the advancements we’ve made to carbon accounting features, details on our partnership with the Institute for Market Transformation for building performance standards, and our enhancements to tracking decarbonization projects; all meant to meet the needs of today’s evolving landscape.” The keynote, delivered by Alex Dews, CEO of the Institute for Market Transformation, covered current market trends and future expectations surrounding Building Performance Standards (BPS). With

We're thrilled to unveil the list of industry leaders and experts sharing their insights, expertise, and experiences with our global community at the upcoming ESTECO International Users’ Meeting 2024, in Trieste on June 4, 5, and 6. This year's agenda is filled with knowledge and inspiration. On the first two days, there are plenary and parallel sessions led by our esteemed customers on their experiences with ESTECO Technology. On June 6 interactive workshops delve into topics relevant to the industries we serve. Join us in welcoming an array of companies from around the world, represented by speakers eager to showcase how our solutions have propelled their projects forward. The sessions cover different topics, spanning from Aerospace to Marine, Automotive, and academic and research sectors. Related to this, during the Awards Ceremony the students who took part in the ESTECO Academy video contest will be prized. Curious to learn more about the agenda? Click here to read more. Don't miss out

KORE Group Holdings, Inc.("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler, and provider of IoT Connectivity, Solutions and Analytics announced that on May 15, 2024, after the U.S. market closes it will release its financial results for the first quarter of 2024. KORE will host a live webcast, followed by a question-and-answer period the same day at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss the financial results. Date: May 15, 2024Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Webcast Event: LinkU.S. dial-in: (877) 407-3039International dial-in: (215) 268-9922Conference ID: 13746648 To view the original press release, please click here. Search for KORE on CIMdata.com

Xometry, Inc., the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, reported financial results for the first quarter ended March 31, 2024. “Powered by AI, our marketplace continues to gain significant market share as buyers and suppliers realize the value, convenience and resiliency of our platform,” said Randy Altschuler, Xometry’s CEO. “In Q1 2024, we delivered better than expected revenue driven by strong 24% marketplace revenue growth. Marketplace growth was driven by robust 32% growth in Active Buyers. We expect our current initiatives to continue to drive long-term growth.” “We delivered strong marketplace gross margin expansion to a record 32% and improved our Q1 Adjusted EBITDA loss by 37% year-over-year,” said James Miln, Xometry’s CFO. “We expect to continue to improve our year-over-year progress towards profitability in 2024 through operating leverage, partly offset by international and enterprise growth investments.” First Quarter 2024 Financial Highlights Total revenue for the first quarter 2024

Trimble announced it has acquired privately-held Flashtract, a company delivering specialized technology to streamline the flow of payment and compliance information between construction general contractors and subcontractors. Financial terms were not disclosed. Flashtract technology is used to manage payment applications, lien waivers and other compliance and billing documentation electronically, eliminating back-and-forth communication and cumbersome document transfers. The technology, now branded as Trimble Pay, initially integrates with the capabilities of the Trimble Viewpoint® Vista™ ERP solution for construction and extends the robust connected construction technology ecosystem that Trimble Construction One brings to market. The technology will be showcased at the CFMA National Conference, May 18-22, 2024. “Secure, reliable and fast electronic management of payments and lien waivers can be vital benefits to contractors, but many still manage these processes manually,” said Lawrence Smith, vice president of construction management solutions at Trimble. “Adding the ability to manage these workflows with subs electronically through Trimble Pay helps

Ansys and Schrödinger are collaborating to deliver an ICME approach that bridges the gap between materials discovery and product development. Together, Ansys and Schrödinger will accelerate the discovery of new materials by using a multiscale framework, leading to more optimized materials, components, and manufacturing workflows for customers. The new workflows will empower Ansys customers to make critical decisions earlier in the design process and bring products to market sooner.  Presently, materials discovery and product development are separate processes. While digital engineering tools have been widely adopted, standardizing and accelerating materials engineering tools has been delayed by the complexity of generating detailed data at a small scale. As a result, new products are being developed faster than the discovery of new materials that could improve performance. Computational materials engineering tools that quickly model materials from molecular to macroscopic levels present an opportunity to help customers unlock new levels of innovation and keep pace

Aspen Technology, Inc., a global leader in industrial software, announced that David Baker has been appointed as Senior Vice President, Chief Financial Officer at AspenTech, effective June 3, 2024. Mr. Baker joins AspenTech from Emerson Electric Co. (Emerson), where he spent over 27 years in various financial leadership roles, most recently serving as Vice President, Financial Planning, where he led financial planning and analysis for the entire $17 billion Emerson corporation. In this position, Mr. Baker was crucial in leading Emerson’s finance transformation to meet the needs of a newly focused global automation leader. Prior to this role, Mr. Baker served as Vice President and Chief Financial Officer, Automation Solutions at Emerson, where he spearheaded a multi-year cost reset plan that impacted organizational structure and plant footprint, among other areas. As a result of this work, Emerson’s $11.8 billion Automation Solutions business reported record orders, sales and EBITA in 2022. “I am very pleased to welcome Dave to the AspenTech team. He brings

IFS, the fastest growing enterprise software company in the world, has today appointed Kevin Price as Global Head of Enterprise Asset Management.  This latest strategic appointment reflects IFS’s remarkable growth in the Enterprise Asset Management (EAM) space, fueled by the company’s powerful artificial intelligence technology (IFS.ai), industry depth and customer centric approach. The demand for IFS.ai and market momentum for Asset-centric businesses choosing IFS over SAP, IBM Maximo and Hexagon has seen Gartner name IFS as the #1 vendor for EAM market share*.  Price is a well-recognized and respected industry voice within the Enterprise Asset Management industry, with a track record for engaging Asset-centric customers in value-based engagements. Prior to joining IFS, he was Head of Pre-Sales at Hexagon Asset Lifecycle Intelligence, where he was responsible for product and market strategy. Price’s experience spans the EAM ecosystem, developed in leadership roles at Infor and Datastream.  Commenting on Price’s appointment, IFS Chief Operating Officer,

LTIMindtree, a global technology consulting and digital solutions company, announced a collaboration with IBM to establish a global, joint Generative AI Center of Excellence (CoE) in India, a co-innovation center combining the power of the IBM watsonx AI and data platform and the engineering skills of LTIMindtree. Open innovation drives the growth of enterprise AI technology, helping organizations apply AI-infused solutions to solve business challenges. It is this same open innovation which plays a key role in the LTIMindtree and IBM collaboration. The LTIMindtree and IBM CoE plans to offer a comprehensive suite of services, combining LTIMindtree’s expertise in data and machine learning model customization and full-stack engineering with IBM watsonx technology including watsonx.ai, watsonx.data, and watsonx.governance, and AI assistants. The center, located in India, will focus on building point solutions to accelerate clients’ generative AI adoption journeys. Nachiket Deshpande, COO and Whole-time Director, LTIMindtree, commenting on the collaboration, said, “Open innovation is the cornerstone of progress

The Nemetschek Group, a leading software provider for the AEC/O and media industries, announced the introduction of an AI Innovation Hub. The hub aims to bundle the existing AI activities in the Group and accelerate the adoption of Artificial Intelligence in the AEC/O (Architecture, Engineering, Construction and Operations) and media industries. The hub will be led by two top leaders, who are joining the Group from Google this month: Charles Sheridan, Chief AI and Data Officer, and Julian Geiger, Vice President AI Product and Transformation. Internal processes as well as customers and partners will benefit from increased productivity and efficiency. Ethics, trust, and sustainability are essential dimensions to develop and deploy AI responsibly. The goal of this hub is to ensure that AI technologies benefit individuals, organizations, and society as a whole while minimizing potential risks and negative impacts. This approach goes way back to the principles established by founder Professor Georg Nemetschek and encompasses all