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Items filtered by date: November 2015 - CIMdata
Mittwoch, Mai 08, 2024

TECHNIA Open New Malmö Office

TECHNIA, a leading provider of virtual twin solutions and digital engineering, is pleased to announce the opening of its new office in Malmö, Sweden. The new office is located at EPIC in a district known for its vibrant ambiance. Aligned with TECHNIA’s sustainability goals, a LEED (Leadership in Energy and Environmental Design) certified, EPIC is a tranquil and environmentally responsible construction. This strategic relocation from Lund to Malmö, accommodates our expert teams, especially in Simulation, Sciences, and Life Sciences, in a vibrant and rapidly expanding city. Situated at the nexus of Skåne and Greater Copenhagen, known for its longstanding strategic focus on sustainability, Malmö provides an ideal setting for our operations. Through this transition, TECHNIA is embracing the evolving work landscape, empowering its employees, and fostering a culture of collaboration and adaptability. TECHNIA's new office in Malmö is crafted to spark innovation and foster collaboration, providing a dynamic environment where our team and partners
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Aspen Technology, Inc. (AspenTech), a global leader in industrial software, announced financial results for its third quarter in fiscal 2024, ended March 31, 2024.  Antonio Pietri, President and Chief Executive Officer of AspenTech, commented, “Our third quarter performance and updated outlook for fiscal 2024 reflects the more cautious customer buying behavior we experienced at the start of the new calendar year. While this dynamic is expected to weigh on ACV growth in the near-term, the continued health and expansion of our pipeline gives us confidence in the underlying growth opportunity for AspenTech.”  “AspenTech remains well positioned to support customers in their efforts to capitalize on the long-term investment trends of global decarbonization, electrification, and the transition to a new energy system. The opportunity for further collaboration and co-innovation in these areas was on full display last week at our biennial user conference, OPTIMIZE 24. Now, more than ever, our customers are being asked
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Bechtle AG delivered solid performance in the first quarter of 2024. Despite the high comparative figures from the previous year, the business volume increased by 3.4 per cent to €1,951.0 million. The software business was the main growth driver. Accordingly, revenue fell slightly by 2.3 per cent. Due mainly to the positive development of gross earnings, earnings before taxes (EBT) increased by 2.8 per cent to €82.0 million. The EBT margin thus rose from 5.2 per cent to 5.5 per cent. "We have made a solid start to our fiscal year and see the signs of increasing growth momentum in the coming quarters", says Dr. Thomas Olemotz, Chairman of the Executive Board of Bechtle AG. In Germany especially, the delayed release of the budget has led to a postponement of government contracts. However, this should resolve itself as the year progresses. In addition, our SME customers in particular continue to be reluctant to
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Bentley Systems, Incorporated, the infrastructure engineering software company, announced results for its first quarter ended March 31, 2024.  First Quarter 2024 Results Total revenues were $337.8 million, up 7.4% or 7.2% on a constant currency basis, year-over-year; Subscriptions revenues were $307.1 million, up 10.5% or 10.3% on a constant currency basis, year-over-year; Annualized Recurring Revenues (“ARR”) was $1,186.5 million as of March 31, 2024, compared to $1,071.0 million as of March 31, 2023, representing a constant currency ARR growth rate of 11%; Last twelve-month recurring revenues dollar-based net retention rate was 108%, compared to 110% for the same period last year; Operating income margin was 27.2%, compared to 20.9% for the same period last year; Adjusted operating income inclusive of stock-based compensation expense (“Adjusted OI w/SBC”) margin was 33.3%, compared to 28.8% for the same period last year; Net income per diluted share was $0.22, compared to $0.14 for the same period last year; Adjusted net income per diluted share (“Adjusted EPS”) was $0.31, compared to $0.25 for the same period last
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PROS Holdings, Inc., a leading provider of AI-powered SaaS pricing, CPQ, revenue management, and digital offer marketing solutions, announced financial results for the first quarter ended March 31, 2024. “We delivered a strong start to 2024, exceeding our guidance ranges across all metrics, driving 15% subscription revenue growth and delivering a near 300% improvement to adjusted EBITDA year-over-year,” stated CEO Andres Reiner. “We continue to be excited about our long-term trajectory as the market continues to embrace AI, and we have the right platform, people, and strategy to capitalize on this market opportunity.” First Quarter 2024 Financial Highlights Key financial results for the first quarter 2024 are shown below. Throughout this press release all dollar figures are in millions, except net (loss) earnings per share. Unless otherwise noted, all results are on a reported basis and are compared with the prior-year period.   GAAP   Non-GAAP   Q1 2024   Q1 2023   Change   Q1 2024   Q1 2023   Change Revenue:                       Total Revenue $80.7   $73.2   10%   n/a   n/a   n/a Subscription Revenue $64.3   $56.0   15%   n/a   n/a   n/a Subscription and Maintenance Revenue $67.9   $61.7   10%   n/a   n/a   n/a Profitability:                       Gross Profit $51.9   $43.6   19%   $53.9   $46.6   16% Operating (Loss) Income $(10.3)   $(18.8)   $8.5   $3.7   $(3.5)   $7.2 Net
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Tata Technologies Limited, a leading global engineering services company, announced financial results for the quarter ended March 31, 2024. Year ended 31st March 2024 results highlights Total operating revenue up 15.9% YoY to ₹51,172 million. Operating EBITDA up 15% YoY to ₹9,413 million. In the last 3 years, revenue from operations has grown at 29% CAGR while Operating EBITDA grew at a 35% CAGR. Profit before tax (PBT) was up 17.1% YoY to ₹9,321 million. We closed a total of 12 large deals in FY24, which included one $50 Mn plus deal and five deals in the $15 to $25 million range. Our customer pyramid has continued to improve, with 2 customers added in the $10-50 million category, 2 in the $5-10 million category, and 3 in the $1-5 million category. The board recommended a final dividend of ₹8.40 per equity share, and a special dividend of ₹ 1.65 per equity share, subject to shareholder approval at the
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Matterport, Inc. announced that BMO, the eighth largest bank in North America by assets, has leveraged Matterport’s digital twin platform to streamline site visits across its physical footprint for multiple areas of the bank. BMO provides a broad range of personal and commercial banking, wealth management, global markets, and investment banking products and services to 13 million customers. In December 2021, BMO announced its plans to acquire Bank of the West (BOTW). Part of that process included transforming 503 BOTW retail branches to BMO, each of which required rebranding and technology updates. With a need to review each of the locations to create plans for rebranding and other work, BMO utilized Matterport’s Capture Services, the company’s global network of expert capture technicians, to swiftly generate 3D digital twins of each space, including accurate floor plans. In three months, BMO digitally captured all 503 BOTW branches, saving costs for travel and site visits,
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Endeavor 3D, a leading contract manufacturer of additive manufacturing, has announced its strategic relationship with Materialise and HP to onboard the Materialise CO-AM Software Platform to bolster its HP 3D printer production capacity. This relationship marks a significant milestone in Endeavor 3D's commitment to meeting the rising demand of industrial volume production with 3D printing, particularly in highly regulated and demanding industries. “Endeavor 3D has a strong collaboration with HP, and integrating Materialise CO-AM enables us to offer a better experience for our customers,” said Janet Dickinson, Chief Operating Officer at Endeavor. “CO-AM software is the right tool for us to scale our business and achieve our efficiency initiatives in 2024, which includes a 20% increase in labor productivity and a 30% yield improvement.” While many manufacturers continue to rely on email, spreadsheets, and whiteboards to run their 3D printing production, Endeavor 3D recognizes these traditional methods are not scalable. In anticipation of
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Infosys, a global leader in next-generation digital services and consulting, announced its collaboration with Yunex Traffic, a global leader in intelligent traffic solutions, to help accelerate their SAP S/4HANA-led digital transformation journey across 16 countries, including the United States, United Kingdom, and Germany. This strategic collaboration will help advance the ‘Yunex OneERP’ program, which aims to drive harmonization across diverse business units. In addition, Infosys will help Yunex Traffic consolidate disparate business processes and IT systems in the Enterprise Resource Planning (ERP) space into a cloud-based unified system powered by Infosys Cobalt, a set of services, solutions and platforms for enterprises to accelerate their cloud journey. In its mission to make mobility safer, more efficient, and more sustainable with tech-driven smart city ecosystems, Yunex Traffic chose Infosys for its proven track record in offering industry-standard solutions and delivering similar programs with a clear, well-defined approach. With this collaboration, Yunex Traffic aims to enhance
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SoftInWay Switzerland has joined a powerful clean energy initiative, which kicked off earlier this year and is funded by the European Commission and aimed at developing an innovative solar thermal power plant. Anchored in the innovative ASTERIx-CAESar solar energy and storage technology developed by The National Renewable Energy Centre of Spain (CENER), the project seeks to deliver a highly adaptive and inexpensive clean energy solution. Throughout the project, SoftInWay’s primary role has been designing advanced expansion turbines (turbo-expanders) to make efficient use of the compressed air reserves that the plant will employ. SoftInWay has also taken charge when optimizing the thermal system architecture and designing related turbomachinery systems. Among the project’s most notable aspects is its resourceful approach to energy storage—relying on compressed air rather than oils or salts—and its creative utilization of surplus clean power to assist the compression process. In addition to enabling the plant to provide clean energy
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