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Items filtered by date: November 2024 - CIMdata
Xometry, Inc., the global AI-powered marketplace connecting buyers and suppliers of custom manufacturing, announced its financial results for the third quarter ended September 30, 2025. “This was another record quarter for Xometry as enterprise customers rapidly adopt our supply chain solutions,” said Randy Altschuler, CEO at Xometry. “In Q3, we delivered 31% marketplace revenue growth year-over-year underscoring the strength of our platform and strategic global network.” “In Q3, we delivered accelerated marketplace revenue growth and a robust marketplace gross margin which increased 210 basis points year-over-year to 35.7%,” said James Miln, Xometry’s CFO. “Our Adjusted EBITDA improved by $6.8 million year-over-year to $6.1 million. We expect to deliver 20% annual incremental Adjusted EBITDA margins as we scale to $1 billion in revenue.” Third Quarter 2025 Financial Highlights Marketplace revenue for the third quarter of 2025 was $167 million, an increase of 31% year-over-year. Marketplace Active Buyers increased 21% from 64,851 as of September 30, 2024 to 78,282
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OpenSpace, the Visual Intelligence Platform for builders, announced that it has acquired Disperse, a leader in construction progress tracking. The move deepens OpenSpace’s leadership in Visual Intelligence and accelerates its mission to redefine how construction teams see, understand, and act on reality data, transforming it into trusted intelligence that drives faster and better decision-making. The acquisition follows a partnership the companies announced in June 2025, and reflects strong customer adoption of OpenSpace Progress Tracking, powered by Disperse. The joint solution combines jobsite imagery with computer vision and expert human verification to provide an objective, trusted, and detailed view of what’s been built, and what hasn’t.  By uniting Disperse’s technology and expert data operations team with OpenSpace’s Visual Intelligence Platform, OpenSpace strengthens its Spatial AI capabilities, deepens its commitment to image-first AI workflows and insights, and expands its ability to win and serve owners, general contractors, and specialty contractors. The combination enables deeper understanding of construction
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Siemens Digital Industries Software announced that is has signed a Memorandum of Understanding (MoU) with HD Hyundai to drive the revitalization and modernization of the commercial shipbuilding industry in the United States of America. This collaboration positions Siemens Xcelerator as the digital backbone for the revitalization of the shipbuilding industry in the United States, leveraging its industry-leading digital twin, model-based systems engineering (MBSE) and product lifecycle management (PLM) technologies to transform shipyard operations and vessel production across the U.S. As a global leader in shipbuilding, HD Hyundai - which includes HD Korea Shipbuilding & Offshore Engineering, HD Hyundai Heavy Industries, HD Hyundai Samho and HD Hyundai Mipo - brings deep expertise in advanced engineering and shipyard automation. "This agreement brings together global shipbuilding excellence and Siemens’ proven digital transformation technologies to help U.S. shipyards build smarter, faster and be more resilient,” said Robert Jones, chief revenue officer, Siemens Digital Industries Software. “By combining our digital
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Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions has entered a five-year partnership with Tata Motors to accelerate the company’s sustainability efforts. Tata Motors’ sustainability platform, Prakriti, powered by the AI-driven TCS Intelligent Urban ExchangeTM (IUX), will digitize ESG data and enable real-time monitoring, automated ESG compliance reporting, and data-driven sustainability insights, strengthening Tata Motors’ ability to drive measurable environmental impact across its operations and reporting across all its plants. Expertise and domain input from Tata Motors played a pivotal role in configuring IUX for sustainability and co-developing the Prakriti solution tailored to Tata Motors’ operational and sustainability needs. Tata Motors, India’s leading name in auto manufacturing and mobility solutions, prioritizes sustainability as a core value. Committed to achieving net-zero emissions for passenger and commercial vehicles by 2040 and 2045 respectively, pioneering circular economies and preserving nature and biodiversity. To support these goals, Tata Motors is adopting robust, data-driven solutions to
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Centric Software® proudly celebrates eight years of digital transformation success with long-term customer Urban Revivo, a trailblazer in fast fashion. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, comply, buy, make, price, allocate, assort, market, sell and replenish fashion, luxury, footwear, outdoor, home, cosmetics & personal care products as well as multi-category retail, to achieve strategic and operational digital transformation goals. Founded in 2006, Urban Revivo has redefined fast fashion with a unique “fast-luxury” positioning. The brand operates over 400 stores across China, Singapore, Thailand and the Philippines, with online networks extending into Europe and North America. As Urban Revivo expanded internationally, increasing cross-functional collaboration led to new operational complexities, fragmented communication and disconnected data. To enable ambitious growth, the company sought an advanced product lifecycle management (PLM) solution with both flexibility and deep fashion industry expertise. “In digital transformation, blind experimentation is costly,” emphasized Mr. Jiang, IT Product
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Wipro Limited, a leading AI-powered technology services and consulting company, has signed* a multi-year strategic agreement with HanesBrands Inc., a global leader in iconic apparel brands. Leveraging the Wipro IntelligenceTM WINGS platform, Wipro expects to transform HanesBrands’ IT infrastructure and cybersecurity operations with an AI-first approach. This engagement marks a significant milestone in HanesBrands’ strategic IT 2.0 transformation initiative, which moves the company to a unified, AI-led managed services model. As part of this first-of-its-kind engagement, Wipro will leverage the WINGS Operations AI platform under Wipro IntelligenceTM – a unified suite of AI-powered platforms, solutions and transformative offerings - to streamline operations, improve regulatory compliance, and enhance the overall IT experience for HanesBrands’ consumers, suppliers, and employees, ultimately leading to cost reductions in IT operations. Wipro will also strengthen HanesBrands’ security posture by enabling AI-powered predictive and preventive operations and automation of security workflows to improve incident resolution times. Additionally, Wipro will help HanesBrands manage regulatory
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Keysight Technologies, Inc. will release financial results for the fiscal fourth quarter ending October 31, 2025, after the close of the market on Monday, November 24, 2025. The company will host a conference call that day at 1:30 p.m. PT (4:30 p.m. ET) to review the financial results. The conference call will be webcast live and accessible in the Upcoming Events section of the Keysight investor relations website, investor.keysight.com. The call can also be accessed by dialing 1-646-844-6383 or 1-833-470-1428 toll-free (access code 371019). A replay of the conference call will be available for 90 days in the News, Events, Presentations section of the Keysight investor relations website. To view the original press release, please click here. Search for Wipro on CIMdata.com
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Infosys, a global leader in next-generation digital services and consulting, announced the launch of Infosys Topaz Fabric. This is a stack of layered, composable, open and interoperable data infrastructure, models, agents, flows, and AI apps that help unify and accelerate IT service delivery across the enterprise landscape. Infosys Topaz Fabric makes it simple for enterprises to access services-as-software – both integrated and modular – through a comprehensive one-shop. It unlocks enterprise value by reimagining IT processes, building on existing IT investments, and bringing together AI-led capabilities out-of-the-box while avoiding vendor lock-ins. The enterprise services delivered through Infosys Topaz Fabric include IT operations, transformation services, quality engineering services, and cybersecurity services. It also brings 50+ agents that are purpose-built for IT operations with out-of-the-box integration with 9 enterprise platforms. Infosys forward deployed engineers, in collaboration with the enterprise business teams, ensure that Infosys Topaz Fabric is contextualized to the enterprise’s specific landscape, and delivers
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Medidata, a Dassault Systèmes brand and leading provider of clinical trial solutions to the life sciences industry, announced notable advances to Medidata Consent, its industry-proven electronic informed consent technology. Delivered through the Medidata app, this modern solution reimagines patient consent in clinical trials – focusing on adaptability, usability, and global compliance to remove adoption barriers and amplify subject recruitment from the very first patient interaction. "At Medidata, we believe true innovation comes from listening to our customers and the patients they serve. Our updated Consent solution is a direct result of feedback from sites and sponsors who needed a simpler, more flexible way to manage the consent process,” said Matt Noble, senior vice president, Patient Experience, Medidata. “We've redesigned Consent to be more intuitive, empowering both patients and researchers while streamlining a critical step in the clinical trial journey." This solution optimizes clinical trial enrollment by simplifying study designs, elevating the user experience for
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Montag, November 03, 2025

VOLTA and modeFRONTIER 2025R4 out now

The new VOLTA and modeFRONTIER 2025R4 is now available. VOLTA enhances Data Manager navigation for quicker, more intuitive access to your files and projects while simplifying project file management. modeFRONTIER extends automatic parameter tagging to Matlab and Octave integration nodes. Release highlights Enhanced Data Manager navigation in VOLTA We introduced a redesigned user interface that significantly enhances data management efficiency and intuitiveness. With logically grouped features and easy access, the streamlined layout offers a cleaner, more organized experience. Whether reviewing shared data or managing own files, the improved design keeps users focused and helps them quickly find what they need without distractions. Expanding automated parameter tagging for Matlab and Octave within modeFRONTIER The Matlab and Octave integration nodes now support automatic detection and tagging of parameters. Simply click once to extract all potential parameters from your script and select the ones you want to use. To view the original press release, please click here. Search for ESTECO
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