Cimdata Logo

Neues

Items filtered by date: November 2015 - CIMdata
BIMcollab, the industry leader in driving BIM collaboration throughout the lifecycle of buildings or infrastructure, announces its integration with PAVE, the leading modular collaboration platform for the construction and real estate industry.  Together, PAVE and BIMcollab aim to simplify BIM implementation and enhance model-based collaboration offering seamless communication and efficiency throughout construction projects. By connecting their efforts, communication around the BIM model can be integrated in the planning and execution of a project, from plan management to cost controlling and building site coordination. Users no longer have to leave the PAVE platform and there is no need for an extra desktop application or special BIM software.  “This integration allows us to offer our customers a central collaboration platform that meets all the requirements of a BIM project.“ – Stefan Finkenzeller, CTO of PAVE by PMG BIMcollab’s CEO, Erik Pijnenburg, also expressed enthusiasm about the collaboration, stating, “The integration with PAVE marks a significant step forward in
Published in Newsletter Articles
ANSYS, Inc. reported first quarter 2024 revenue of $466.6 million, a decrease of 8% in reported and constant currency, when compared to the first quarter of 2023. For the first quarter of 2024, the Company reported diluted earnings per share of $0.40 and $1.39 on a GAAP and non-GAAP basis, respectively, compared to $1.15 and $1.85 on a GAAP and non-GAAP basis, respectively, for the first quarter of 2023. Additionally, the Company reported first quarter ACV growth of 2% in reported currency or 3% in constant currency, when compared to the first quarter of 2023. For 2024, quarterly ACV and revenue growth rates will be variable across the quarters and are affected by the performance comparisons to 2023. As discussed in the Q4 2023 press release, we expected that Q1 2024 ACV and revenue results would be the lowest amongst the 2024 quarters. Our actual results for the first quarter met our expectations. We continue to expect double-digit ACV and revenue
Published in Newsletter Articles
FARO® Technologies, Inc., a global leader in 4D digital reality solutions, announced its financial results for the first quarter ended March 31, 2024. "We're pleased with our strong start to the year, with our first quarter financial performance providing a solid foundation from which we expect to continue to invest in our strategic initiatives within our core markets," said Peter Lau, President & Chief Executive Officer. "GAAP loss per share of $(0.38) and non-GAAP EPS of $0.09 exceeded the high end of our guidance range. GAAP net loss of $7.3 million and Adjusted EBITDA of $5.6 million, or 6.6% of revenue, demonstrates the progress we continue to make towards our aspirational financial goals. In addition, we again expanded our cash position by generating $6.6 million of operating cash flow in the quarter, driven by profitability and efficiencies in working capital." First Quarter 2024 Financial Summary Total sales of $84.2 million, down 1% year over year Gross margin of 51.4%, compared to 46.7% in the prior year period Non-GAAP gross
Published in Newsletter Articles
The Nemetschek Group, a global provider of software solutions for the building and media industries, has started the financial year 2024 with a currency-adjusted double-digit percentage growth at a continued high profitability level. The successful start and the overall strong operational performance are primarily driven by strong growth of the recurring revenue base, in particular the subscription and SaaS models, in combination with the innovative software solutions, the ongoing internationalization as well the continued increase in operational efficiency. “Nemetschek had a good start to the year 2024. With our performance in the first quarter, we have laid a good foundation to achieve our targets for the full year,” says Yves Padrines, CEO of the Nemetschek Group. “We see that the pressure to digitalize in the construction industry is steadily increasing, especially in the current challenging market environment. In addition to our consistent focus on the transition to subscription and SaaS, we are
Published in Newsletter Articles
PTC reported financial results for its second fiscal quarter ended March 31, 2024. "In our second fiscal quarter, we again delivered solid results. We have a differentiated strategy that leverages our unique product portfolio to enable our customers with their digital transformation journeys. Our consistent ARR and free cash flow growth continues to highlight the value we are bringing to our customers and the stability of our business model," said Neil Barua, CEO, PTC. "We are updating our mid-term ARR targets to low double-digit ARR growth, which is consistent with our track record of ARR growth over the past 5 years. Importantly, we are reiterating our mid-term cash flow targets as we remain confident in our ability to expand our operating efficiency while continuing to invest in the business to deliver increasing value to our customers," concluded Barua. Second Quarter 2024 Highlights Key operating and financial highlights are set forth below. The definitions of our
Published in Newsletter Articles
Infor®, the industry cloud company has announced that long-time customer Central Highlands Water will deploy Infor CloudSuite Public Sector to transform it into an agile, data-driven digital utility with streamlined budgeting and reporting. The new platform replaces five core legacy on-premise systems, including Infor Public Sector, and covers a wide range of business processes, from financial accounting, budgeting and planning, asset management to procurement and work order management. The benefits of cloud-based Enterprise Resource Planning (ERP) are expected to be far-reaching and include improved data governance, enhanced ability to integrate, share, analyse and process data, a more robust security posture, and improvements in user experience. It will also enable Central Highlands Water to handle the increasing complexities of managing assets through partners and third parties. The two-year program will form part of the foundational technologies for Central Highlands Water’s More than Water 2040 Strategy, and play a key role in its digital transformation journey, alongside the Digital
Published in Newsletter Articles
Oracle announced that CPS Energy plans to standardize its mission critical technologies on a single, modern Oracle cloud platform. By integrating data and processes across the utility, CPS Energy can optimize its operations and enhance service for its 1.3M customers. This collaboration supports the utility’s Vision 2027 strategic plan designed to provide rapid transformational change to the City of San Antonio while delivering on its commitment to be a trusted and reliable community partner. With this collaboration, Oracle’s mission critical utility applications now serve six of the ten largest municipal utilities in the US. Oracle’s AI-backed customer platform, including automated utility billing and customer service, is designed to provide service agents a complete view of each residential and commercial customer, along with contextual suggestions, to enable them to enhance the value of every interaction. In tandem, modern field service management tools can help auto schedule and route workers in the field to support on-time arrivals and faster
Published in Newsletter Articles
Copperleaf® Technologies Inc. (“Copperleaf” or the “Company”) announces the selection of its asset investment planning solution by Gasunie, an energy network company in the Netherlands and Northern Germany. Gasunie manages and maintains the infrastructure for the large-scale transport and storage of gas, with a total length of over 18,000 km. Today, this is still mainly natural gas, but as the energy transition accelerates this will increasingly shift to green gas and hydrogen. Gasunie ensures that this part of the energy supply is safe, undisturbed and as sustainable as possible, so that everyone always has access to energy. The energy transition and the CO2 reduction target create the need to optimize the way Gasunie manages its assets and transport system. Gasunie’s vision for asset management is to make transparent and well-founded choices about investments and maintenance of the energy infrastructure to maximise the value of these activities for stakeholders. Gasunie wants to realize this
Published in Newsletter Articles
Centric Software®, the Product Lifecycle Management (PLM) market leader, proudly announces its partnership with Percival, a rapidly-growing menswear fashion brand based in London, UK. 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. Based in Hackney, East London, Percival, a decade-old menswear brand with a rule of ‘Subverting the Classics’, combines a quintessential British sense of style and rare, internationally sourced fabrics and materials. Sales are predominantly UK-based out of its flagship store, with future plans to launch additional retail outlets following the success of a recent pop-up store in New York. Their distinctive styles have been donned by celebrities including David Beckham and Chris Evans. Over the past two years, Percival has gained notoriety and experienced explosive growth
Published in Newsletter Articles
Wipro Limited, a leading technology services and consulting company, announced that it has been selected by Nokia to overhaul its employee service desk and provide seamless, real-time IT support to a global network of employees. The Wipro team will build a bespoke AI-powered, cloud-based solution for Nokia’s workforce comprising of around 86,700 users globally in 130 countries of operations. The solution aims to enhance the employee experience by providing highly available, modular, secure, and automated services. Designit, a Wipro company specializing in user experience strategy and implementation, will conduct user research to ensure personalized assistance is offered to employees at the right time. This project will result in the creation of an experience-driven, omni-channel, and always-on global service desk, which will provide employees with highly flexible and secure services to empower them to effectively navigate a hybrid work environment. “Generative AI is fast becoming a critical component of Digital Workplace services,” said Vinay Firake,
Published in Newsletter Articles
ipad background image

Featured Cimdata Reports

ipadcontent
PLM-Enabled Digital Transformation Benefits Appraisal Guide

The Guide is designed to help potential PLM users evaluate the applicability and payoffs of PLM in their enterprise, and to help existing users of PLM monitor the impact it is having on their product programs.

ipadcontent
Aerospace & Defense PLM Action Group

A CIMdata administered PLM advocacy group for the A&D industry

ipadcontent
PLM Market Analysis Reports

The PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market. It contains analyses of major trends and issues, leading PLM providers, revenue analyses for geographical regions and industry sectors, and historical and projected data on market growth.

ipadcontent
PLM Market Analysis Country Reports

These reports offer country-specific analyses of the PLM market. Their focus is on PLM investment and use in industrial markets. Reports cover Brazil, France, Germany, India, Italy, Japan, Russia, South Korea, the United Kingdom, and the United States.

ipadcontent
Simulation & Analysis Market Analysis Report

This report presents CIMdata’s overview of the global simulation and analysis market, one of the fastest growing segments of the overall product lifecycle management market, including profiles of the leading S&A firms.

ipadcontent
CAM Market Analysis Report

CIMdata's definitive guide to the worldwide CAM software and services market. This comprehensive report provides critical intelligence on market size, user expenditures, trends, and segmentation, alongside authoritative rankings of the top CAM solution providers and reseller revenues.