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Materialise, a global leader in 3D printing software and services, and Renishaw, a global engineering technologies company, have announced a partnership to increase efficiency and productivity for manufacturers using Renishaw’s additive manufacturing (AM) systems. Through the partnership, Renishaw system users will benefit from Materialise’s next-generation build processor software tailored to the RenAM 500 series of metal AM systems. They will also have access to Magics, Materialise’s leading data and build preparation software. This will enable users of Renishaw’s AM systems to build a seamless workflow from design to 3D-printed part, control and customize their 3D printing process, reduce production time, and increase the efficiency of their AM operations. Manufacturing companies are increasingly adopting additive manufacturing to produce metal parts on an industrial scale. A significant technology for industrial 3D printing is laser powder bed fusion (LPBF), which offers users the ability to adapt print parameters for increased productivity. However, LPBF can

Velo3D, Inc., a leading additive manufacturing technology company for mission-critical metal parts, announced the appointment of Nancy Krystal as Vice President, General Counsel to oversee all legal matters for the company. With over 16 dynamic years of experience in corporate law, Nancy brings a wealth of experience in navigating complex legal landscapes and spearheading pivotal deals to her new role at Velo3D. “Nancy’s extensive legal expertise and track record of success with established, mature companies make her an invaluable addition to our leadership team as Velo3D enters its next phase of growth as a company,” said Brad Kreger, Velo3D CEO. “With Nancy on board, I am confident that we will strengthen our legal foundation and ensure that our operations are aligned with the highest standards of integrity and compliance.”   In her role, Nancy will report to the CEO and be responsible for all legal matters at Velo3D including but not limited to managing the board of

In a collaborative move with the W3C Consortium, Siemens and Microsoft have announced their commitment to converge the Digital Twin Definition Language (DTDL) with the Thing Description standard from international standards organization, W3C.  By unifying both languages, customers are offered consistent modeling experiences, mitigating fragmentation in an evolving IoT landscape. With customers typically deploying a mix of vendors in their infrastructure leading to lock-in and high integration efforts, this convergence will allow for simpler system integration and interoperability. As virtual replicas of physical objects, processes, or systems that mirror their real-world counterparts in a digital environment, digital twins enable organizations to monitor, predict, and improve the performance of their assets, enhancing efficiency and reducing costs. Standardizing Digital Twin languages is therefore crucial for interoperability, ensuring seamless communication and integration between different digital twin systems and platforms. With Siemens already facilitating the emerging W3C Thing Description standard for future products in building management, power

Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, announced a new delivery center in Londrina, Paraná, Brazil. This new center will create more than 1,600 new job opportunities over the next five years, contribute to the local economy and strengthen TCS’ presence in the region. Present in Londrina since 2018, TCS employs around 1,700 people in the city. The new centralized campus will bring the city workforce under one roof, creating a vibrant hub for collaboration and innovation in Londrina. The delivery center will specialize in key areas such as Business Transformation, Artificial Intelligence, and Cognitive Business Operations, offering a comprehensive suite of IT services to clients in Brazil and around the world. During his recent visit to the Tata Experience Center in Mumbai, Carlos Massa Ratinho Junior, Governor of the State of Paraná, Brazil, said, “This announcement by TCS is so important to us, because it involves a

MODE Global, a multi-billion, multi-brand 3PL platform and one of the world’s leading logistics companies, is announcing a collaboration with Transporeon, a Trimble Company. The collaboration aims to leverage automation to tender both spot and dedicated freight using Autonomous Procurement offered by Transporeon. As a leading Transportation Management Platform, it will be white-labeled and customized for MODE as MODE Global Marketplace.  Given ongoing market challenges and rate volatility, consistent and reliable procurement has been a challenging area for shippers, carriers and intermediaries globally. Many transportation industry stakeholders, like MODE, recognize the potential of machine learning and data analytics to help navigate market conditions more dynamically. Transporeon’s AI and behavioral science-driven Autonomous Procurement solution for spot sourcing optimizes the entire freight procurement process. It transforms formerly manual procedures characterized by multiple touchpoints into a streamlined, automated process. As part of this collaboration, Autonomous Procurement by Transporeon will be available in the MODE Global Marketplace. This

Transporeon, a Trimble Company, has joined the Virtual Watch Tower Network (VWTnet). A digital platform delivering collective intelligence from multiple industry players, VWTnet improves collaboration and visibility in global supply chains and modernises disruption management. Backed by the expertise of research institutions such as RISE, VTT, A*STAR IHPC and more, VWTnet benefits all transportation stakeholders. By combining public and private data with advanced analytics, it aims to give shippers, carriers and terminal operators a clearer picture of their cargo's journey across ocean and road. VWTnet aims to enhance disruption management, improving ETA accuracy and minimising carbon emissions. VWTnet is currently under development with a pilot scheduled for Singapore Maritime Week (15-19 April, 2024). At the event, Transporeon and other partners will preview a future solution, based on a minimum viable product (MVP), that provides frictionless visibility between multiple supply chain actors and watch towers.  Transporeon’s Role in VWTnet VWTnet’s architecture prioritises network efficiency over individual nodes. This streamlined approach

Configit, the global leader in Configuration Lifecycle Management (CLM), announced strong momentum heading into 2024. Backed by Polaris Equity, Configit continues to solidify its leadership position for discrete manufacturers, with new product innovations, partnerships and a strengthened leadership bench. Financial highlights for the past year include: An average compound annual growth of almost 30% over the last four years in Annual Recurring Revenue (ARR) New subscription/SaaS business model implemented have secured a substantial part of next year’s revenues. Together with Configit’s normal level of consulting business more than 90% of the 2024 revenues can be considered secured at the start of the year Expect to be Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) cash positive in 2024 as projected Bolstered leadership bench with key appointments: Hired Damantha Boteju as Chief Product and Technology Officer, to drive the company’s product development strategy. Brought on Max Mirbaz as Vice-President of Global Partner Business, with a focus on developing and enhancing global partnerships, driving strategic growth initiatives and strengthening the company’s market presence. Max

PROS®, a leading provider of AI-powered SaaS pricing, CPQ, revenue management, and digital offer marketing solutions, will release its financial results for the first quarter 2024 ended March 31, 2024, after the U.S. financial markets close on Tuesday, May 7, 2024. PROS Holdings, Inc. will host a conference call on Tuesday, May 7, 2024, at 4:45 PM ET to discuss the company’s financial results and business outlook. To access this call, dial 1-877-300-8521 (toll-free) or 1-412-317-6026. The live and archived webcasts of this call can be accessed under the “Investor Relations” section of the Company’s website at www.pros.com. A telephone replay will be available until Tuesday, May 14, 2024, at 11:59 PM ET at 1-844-512-2921 (toll-free) or 1-412-317-6671 using the pass code 10188161. To view the original press release, please click here. Search for PROS Holdings on CIMdata.com

Tata Consultancy Services reported its consolidated financial results according to Ind AS and IFRS, for the quarter and full year ending March 31, 2024. FY 2023-24: Annual Highlights Q4 FY 2024: Quarterly Highlights Client metrics: 62 clients in the $100 Mn+ band (+2 YoY) 139 in the $50 Mn+ band (+6 YoY) Employee Metrics: Employee Headcount: 601,546 Diversity: 152 nationalities; 35.6% women IT Services Attrition (LTM): 12.5% Talent Development: 5 million competencies acquired Number of Contextual Masters at 73,000 Free Cash Flow: $5.3 Bn Shareholder payout of $5.6 Bn in the form of dividends and buyback Revenue at $7.36 Bn, +2.3% YoY (CC: 2.2%) Growth led by India (+37.9%), UK (+6.2%), and Manufacturing (+9.7%) Operating Margin: 26.0%; YoY expansion of 150 bps Net Margin: 20.3%; YoY expansion of 100 bps Net Income: $1.5 Bn, +8.0% YoY Strong Cash conversion: Operating Cash Flow 100.4% of Net Income Final Dividend per share (proposed): ₹28 K Krithivasan, Chief Executive Officer and Managing Director, said: “We are very pleased to close Q4 and FY24 on a strong note with the highest ever order book and a 26% operating margin, validating the robustness of our business model and execution excellence. In an environment of global macro uncertainty, we are staying close to our customers and helping

He will also be on hand to teach a master class on digital transformation. ANN ARBOR, Michigan, USA 16 April 2024—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces that its Chairman, John MacKrell, will deliver the keynote presentation at the 2024 COExperience. The conference will take place from May 13-16 in Dallas, Texas, at the Sheraton Dallas. In today’s digital world, processes, systems, and smart connected products generate huge amounts of data that become part of an organization’s digital web, but to become usable, search and find capabilities must be made available. Fortunately, leading solution providers are going beyond basic data indexing approaches that require all the data to be in one system. They are incorporating and leveraging an ever-expanding array of artificial intelligence (AI) algorithms to search and find data no matter where it resides. The presentation, Extracting Insight from the Digital Thread: AI-Related Trends &