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Items filtered by date: November 2024 - CIMdata
Asite announces that its visualisation and collaboration platform, Asite 3D Repo, has been selected for the Transport Research and Innovation Grant (TRIG). The programme is funded by the Department for Transport (DfT) and delivered by Connected Places Catapult. Asite 3D Repo is one of only 12 companies chosen from over 400 applicants.  The TRIG programme supports early-stage transport innovation, funding breakthrough ideas that can reshape the sector and accelerate smarter, greener delivery.  Asite 3D Repo’s project will create an AI-powered data validation engine that automatically checks 3D model metadata against client standards, such as the National Highways Asset Data Management Manual. By validating 3D models for naming conventions and information consistency, the AI engine eliminates manual compliance checks and streamlines workflows. This is set to help infrastructure teams avoid costly delays, all while integrating seamlessly with Common Data Environments.  “Innovative solutions will deliver quicker, greener, safer, more inclusive and smarter transport systems and services,
Published in Newsletter Articles
Siemens Smart Infrastructure has partnered with San Juan de Dios Hospital in Seville, Spain, to transform it into a smart and sustainable asset. With buildings accounting for around 40 percent of global carbon emissions, and healthcare facilities increasingly facing financial and sustainability pressures, improving operational efficiency is crucial. At San Juan de Dios Hospital, Siemens has turned this challenge into an opportunity with its AI-based digital building technology. By deploying its innovative solutions Siemens enabled the hospital to cut operating costs of the analyzed assets by 35 percent, setting another benchmark for hospitals across the globe. San Juan de Dios Hospital, which enjoys a history spanning more than 450 years, has undergone impressive transformation using Siemens’ fully digital, AI-powered building platform Building X and digital services. The solution integrates energy and security management, as well as Heating, Ventilation and Air Conditioning (HVAC) automation into a single system. This leads to significant
Published in Newsletter Articles
Sumitomo Riko is implementing Ansys, part of Synopsys, Inc. AI technology to accelerate time-to-solution and improve efficiency during the design and manufacturing of automotive components. SimAI rapidly analyzes new or legacy simulation data to generate high-fidelity AI models capable of quickly predicting performance. Sumitomo Riko is using SimAI to accelerate computation-heavy tasks like anti-vibration design and exploration, battery cooling, magnetic field analysis, and mixing heat transfer analysis.  Sumitomo Riko is a leading global manufacturer of high-performance rubber automotive components. To ensure a safe and smooth ride, engineers must understand how the various components within the system behave under extreme loads and stressors. This requires running hundreds of multiphysics simulations where pre-processing tasks, like defining geometric parameters for the model, require extensive time and simulation expertise. To accelerate product development, Sumitomo Riko is using SimAI and previously generated data to train AI models of high-performance rubber products, such as vibration isolators and hoses, without having
Published in Newsletter Articles
Centric Software® is delighted to announce customer, Tommy John, has increased SKU volume by 200% since the implementation of Centric PLM™.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 2008, Tommy John redefined everyday comfort with innovative fabrics, engineered fit and category-spanning collections of innerwear and loungewear for men and women. The brand expanded into new wholesale channels and continues to grow a loyal following across eCommerce and retail. As Tommy John scaled its assortment, teams needed a more dynamic system to streamline product development and manage complex product types, such as 3-packs and core collections. “Centric PLM has become the foundation of how we work,” says Stephanie Schultz, business analysis manager at Tommy John.
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The Third Module of the 2025 PLM MAR Report Series is now Available ANN ARBOR, Michigan, USA 9 October 2025—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the release of the CIMdata PLM Market and Solution Provider Analysis Report, the third of five modules of the CIMdata 2025 Market Analysis Report Series. The MAR Series provides detailed information and in-depth analysis on the worldwide PLM market during 2024. It contains analyses of major trends and issues; revenues of leading PLM solution providers; and revenue analyses for geographical regions, industry sectors, and historical and projected data on market growth. Distribution of 2024 PLM Revenue by Market Segment “The PLM market grew to over $80 billion overall in 2024, 10.7% growth over 2023” according to Stan Przybylinski, CIMdata’s Vice President. “Electronic Design Automation (EDA) saw strong double-digit gains, driven by market leaders Synopsys, Cadence, and Siemens’ Mentor. Simulation and Analysis
Published in News & Press
Leading Solution Providers Set to Drive Key Industry Discussions at PLM Road Map & PDT Europe. ANN ARBOR, Michigan, USA & STOCKHOLM, Sweden – 10 October 2025—CIMdata, Inc. and Eurostep AB announce the sponsors for the upcoming PLM Road Map & PDT Europe 2025 event. Participating sponsors include the Aerospace & Defense PLM Action Group, CADMATIC, Capgemini, Configit, Dassault Systèmes, Mews Partners, Prostep, PTC, Revalize, Siemens, and TCS. The event is scheduled to take place at The Renaissance Hotel, La Défense, Paris, on November 5 and 6. Sponsorships for the event are sold out. "The commitment of these key solution providers is a powerful endorsement of the value of our PLM Road Map & PDT conference," stated CIMdata's Chief Marketing Officer, Cheryl Peck. "They aren't just sponsors; they're partners in creating an unparalleled environment for open collaboration and essential knowledge transfer across the entire PLM ecosystem." As part of the PLM Road Map/PDT
Published in News & Press
Symetri, part of the Design Management division, announces that it has signed an agreement to acquire SolidCAD. An Autodesk Platinum Partner, SolidCAD is the market leader in digital solutions for Canada’s design, construction and manufacturing industries. SolidCAD’s net sales for 2025 are expected to amount to SEK 280m with an EBITA of SEK 120m. The acquisition of SolidCAD further expands Symetri’s reach across the Americas, adding Canada to its existing presence in the US and Brazil, in addition to its long-established European base. After the acquisition, Symetri will have about 150 more employees, bringing the total to about 1,400 globally. Founded in 1996 and headquartered in Richmond Hill, Ontario, SolidCAD is Canada’s leading Autodesk Platinum Partner and a Sapphire Partner to Bluebeam, supporting more than 6,000 clients innovating, collaborating and accelerating their digital transformation. With this acquisition, Symetri now serves over 30,000 clients worldwide. “The acquisition of SolidCAD is in line with our
Published in Newsletter Articles
Open Text Corporation, a global leader in secure information management for AI, announced that it has reached a definitive agreement to divest an on-premise solution (eDOCS), a part of its Analytics portfolio, to NetDocuments, for US$163 million in cash.  The business to be divested is part of OpenText's Analytics product group, primarily focused on automating the work of legal professionals, and contributed approximately $30 million in annual revenue in OpenText's fiscal year ended June 30, 2025. OpenText intends to use the proceeds of the sale to reduce its outstanding debt. "This divestiture further enables our continued focus on growing our core business centered on secure information management for AI. We will continue to enhance shareholder value by exploring portfolio-shaping opportunities that rationalize non-core assets from our product portfolio," said Tom Jenkins, OpenText Executive Chairman of the Board and Chief Strategy Officer. "This transaction supports our capital allocation framework while strengthening our focus on
Published in Newsletter Articles
PTC will release its fiscal 2025 fourth quarter and full year results on Wednesday, November 5th after the stock market closes. Senior management will host a live webcast and conference call to review the results on Wednesday, November 5th at 5pm Eastern Time. The earnings press release, accompanying earnings presentation, and financial data tables will be accessible prior to the conference call and webcast on the Investor Relations section of the Company's website at PTC Investor Relations. What: PTC Fiscal Q4'25 Conference Call and Webcast When: Wednesday, November 5th, 2025 5:00pm (ET) Webcast: Register Here Replay: To access the replay via webcast, please visit this page To view the original press release, please click here. Search for PTC on CIMdata.com
Published in Newsletter Articles
Cotality™, a leader in property information, analytics, and data-enabled solutions, announced its expansion into the home inspector industry. Property Vision™️is a new platform designed to revolutionize the home inspection industry. The new solution leverages Cotality’s advanced analytics and real-time data, along with cutting-edge artificial intelligence, to help home inspectors create quality reports. Property Vision empowers home inspectors to deliver high-quality, data-rich reports with greater speed and accuracy. The platform marks the next step in Cotality’s mission to unify property professionals and enable more intelligent decision-making across the entire property lifecycle.‍ “Cotality is committed to serving the entire property industry, and now we’re expanding our decades of expertise and industry-leading data insights to home inspectors,” said Sean Shiplet, Cotality Vice President, Property & Appraisal Solutions. “Inspectors provide valuable information to buyers about the safety and condition of their homes, helping set them up for successful long-term homeownership.”‍ Key features of Property Vision include: Mobile-first inspection
Published in Newsletter Articles
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