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Items filtered by date: November 2017 - CIMdata
Dassault Systèmes and NVIDIA announced a long-term strategic partnership to establish a shared industrial architecture for mission-critical artificial intelligence across industries. Combining Dassault Systèmes’ Virtual Twin technologies with NVIDIA AI infrastructure, open models and accelerated software libraries will establish science-validated industry World Models, and new ways of working through skilled virtual companions on the agentic 3DEXPERIENCE platform, that empower professionals with new expertise. “We are entering an era where artificial intelligence does not just predict or generate, but understands the real world. When AI is grounded in science, physics and validated industrial knowledge, it becomes a force multiplier for human ingenuity,” said Pascal Daloz, CEO of Dassault Systèmes. “Together with NVIDIA, we are building industry World Models that unite Virtual Twins and accelerated computing to help industry design, simulate and operate complex systems in biology, materials science, engineering and manufacturing with confidence. This partnership establishes a new foundation for industrial AI, one that is trustworthy
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Honeywellannounced an agreement with Kortech, a subsidiary of Hassan Allam Holding - one of the leading engineering, construction, investment and development groups in the MENA region – to collaborate on automating and digitizing critical infrastructure projects in the Middle East and Egypt. The Memorandum of Understanding (MoU), signed in the presence of Eng. Hassan Allam, Group CEO of Hassan Allam Holding and Billal Hammoud, President and CEO of Honeywell Building Automation, brings together Honeywell’s global expertise in automation, digital technologies, software and analytics with Kortech’s turnkey infrastructure and technology solution By combining their respective capabilities the two companies plan to advance digital transformation, resilience and energy efficiency for data centers and other buildings, major transportation projects and smart-city developments across Egypt, Saudi Arabia and the United Arab Emirates “Honeywell is committed to supporting regional development and delivering future-ready infrastructure through the deployment of our cutting-edge connected automation and control technologies,” said Nabil Cheqroun,
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PROS, Inc., the leading offer management provider to the airline industry, announced a defining milestone in its evolution: PROS is now a dedicated travel technology company, exclusively focused on enabling modern, AI-driven airline retailing. With decades of airline expertise and proven artificial intelligence, PROS is uniquely positioned to transform offer management into a strategic revenue opportunity for the world’s carriers, while delivering seamless and modern experiences for travelers. This milestone follows the previous announcement with Thoma Bravo, under which PROS’ travel business will operate as a standalone platform investment. PROS’ B2B business has been acquired by Conga, a Thoma Bravo portfolio company, in a transaction that closed today. This strategic transition sharpens PROS’ focus on helping airlines optimize every offer and every traveler interaction to help enhance the traveler experience and drive profitable, sustainable growth. With the close of the B2B transaction, Sunil John assumes the role of PROS Chief Executive Officer, bringing more
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PROLIM, a global leader in Industrial AI, Engineering, PLM, and Cloud software and consulting services, has joined a select group of Global Preferred Partners for Snowflake Energy Solutions. Through this partnership, PROLIM is expanding its capabilities to help energy and utilities organizations modernize data platforms, unlock real-time insights, and drive intelligent, data-driven decision-making across the energy value chain. As energy and utilities organizations manage growing volumes of data from operational systems, IoT devices, smart grids, and enterprise platforms, the need for scalable, secure, and industry-ready data architectures has become critical. Snowflake Energy Solutions, combined with PROLIM’s deep expertise in the energy domain, enables organizations to unify data, eliminate silos, and accelerate analytics and AI adoption. Enabling Data-Driven Energy Transformation Snowflake Energy Solutions supports organizations across upstream, midstream, downstream, utilities, and renewable energy by providing a cloud-native data platform designed for advanced analytics, AI, and governed data sharing. PROLIM delivers comprehensive services to help clients design, implement,
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Honeywell announced its participation at upcoming investor conferences in February. Vimal Kapur, chairman and chief executive officer of Honeywell, will present at Barclays Industrial Select Conference in Miami, Florida, on Tuesday, February 17, 2026, from 8:40 a.m. - 9:10 a.m. EST. Mr. Kapur will also present at the Citi 2026 Global Industrial Tech and Mobility Conference in Miami, Florida on Wednesday, February 18, 2026, from 11:20 a.m. - 12:00 p.m. EST. Real-time audio webcasts of the presentations can be accessed at http://www.honeywell.com/investor, where related materials will be posted prior to the presentations and replays of the webcasts will be available for 30 days following the presentations. To view the original press release, please click here. Search for Honeywell on CIMdata.com
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Siemens is set to highlight its latest advancements in grid transformation at DTECH® International 2026, the premier transmission and distribution event, taking place February 2–5 in San Diego, Calif. Attendees are invited to visit Booth 3529 to experience firsthand how Siemens is accelerating the transformation toward resilient, autonomous grids with advanced grid software, automation, and electrification solutions designed to increase capacity, strengthen resilience, and improve customer satisfaction. Technology to Accelerate Grid TransformationExploding electricity demand – driven by AI, data centers, EVs, and manufacturing reshoring – makes secure, affordable, and resilient energy more critical than ever. At DTECH 2026, Siemens will demonstrate how its interoperable, flexible, and open Xcelerator portfolio – including Gridscale X and Electrification X – empowers utilities to address their most pressing challenges with real-time data, digital twin technologies, and AI. Featured solutions include software and services, IoT applications, grid automation and protection, as well as secure communication solutions for
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Siemens is set to showcase its latest building automation and digital building technologies for smarter, more sustainable facilities at AHR Expo 2026, taking place February 2–4 in Las Vegas. Attendees are invited to visit Siemens booth C1731 to explore a range of innovative solutions and services demonstrating how modernization is the foundation for human-centric autonomous buildings, using Siemens’ Desigo building management platforms, Building X AI-enabled applications, advanced controllers, and a full portfolio of wired and wireless HVAC devices. With a focus on helping customers modernize aging building automation systems, Siemens will highlight the benefits of upgrading building management systems, panels and network infrastructure in a stepwise approach with integrated, open platforms to improve system reliability, energy efficiency, and workforce productivity while enhancing occupant comfort. By transitioning from legacy, siloed systems to intelligent, connected solutions, building owners and operators gain real-time visibility into operations, enabling data-driven decisions and proactive optimization that reduce
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Simulations Plus, Inc. (“Simulations Plus”, “SLP”), a global leader in model-informed and AI-accelerated drug development that advances biopharma innovation, announced that Shawn O’Connor, Chief Executive Officer, will be participating in the upcoming investor conferences: BTIG 13 th Annual MedTech, Digital Health, Life Science & Diagnostic Tools Conference Format: One-on-one meetingsWhen: Tuesday, February 10, 2026Location: Snowbird, Utah TD Cowen 46 th Annual Health Care Conference Format: Fireside chat and one-on-one meetingsWhen: Tuesday, March 3, 2026Location: Boston, Massachusetts KeyBanc Healthcare Forum Format: Fireside chat and one-on-one meetingsWhen: Wednesday, March 18, 2026Location: Virtual Webcast links will be available on the Investor Relations section of our website. For more information about the events or questions about registration, interested parties should reach out to their contacts at BTIG, TD Cowen, and KeyBanc. To view the original press release, please click here. Search for Simulations Plus on CIMdata.com
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Emerson reported results for its first quarter ended December 31, 2025 and updated its full year outlook for fiscal 2026. Emerson also declared a quarterly cash dividend of $0.555 per share of common stock payable March 10, 2026 to stockholders of record on February 13, 2026. (dollars in millions, except per share) 2025 Q1 2026 Q1 Change Underlying Orders1 9 % Net Sales $4,175 $4,346 4 % Underlying Sales2 2 % Pretax Earnings $775 $775 Margin 18.6 % 17.8 % (80) bps Adjusted Segment EBITA3 $1,169 $1,203 Margin 28.0 % 27.7 % (30) bps GAAP Earnings Per Share $1.02 $1.07 5 % Adjusted Earnings Per Share4 $1.38 $1.46 6 % Operating Cash Flow $777 $699 (10) % Free Cash Flow $694 $602 (13) % Management Commentary"Emerson met sales commitments and exceeded expectations for profitability as our global teams continue to execute well," said Emerson President and Chief Executive Officer Lal Karsanbhai. "We delivered a fourth consecutive quarter of strong underlying orders growth, and we are experiencing robust demand for our automation technology, led by Software & Systems, with strength in North America, India and the Middle East & Africa." Karsanbhai continued, "Emerson is accelerating innovation, introducing new products and delivering on the critical programs we highlighted at
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IFS, the leading provider of Industrial AI software, announced that it has been selected by SkyAlyne, the prime contractor for the Future Aircrew Training (FAcT) program for the Royal Canadian Air Force (RCAF), to provide a fully digital aviation maintenance and asset management platform in support of the Canadian Department of National Defence’s new training initiative. The collaboration marks a major milestone in the modernization of Canada’s military pilot and aircrew training system. Through the implementation of IFS Cloud for Aviation Maintenance, SkyAlyne will gain advanced digital capabilities to streamline fleet maintenance, ensure airworthiness, and sustain maximum aircraft availability across its nationwide training operations. Aircraft readiness is critical to the success of the FAcT program, a 25-year partnership designed to equip the next generation of RCAF pilots and aircrew with world-class skills and training. By adopting IFS Cloud, SkyAlyne will benefit from real-time visibility into maintenance operations, resource management, and compliance tracking,
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