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Items filtered by date: November 2024 - CIMdata
Wipro Limited, a leading AI‑powered technology services and consulting company, today announced the expansion of its business operations in South Korea, reinforcing the country’s position as a strategic growth market for Wipro. The expansion includes an enlarged office footprint in Seoul, the launch of a new Innovation Lab, as part of the Wipro Innovation Network (WIN), and continued investment in local talent to support South Korean clients locally and globally. South Korea has emerged as a major global innovation hub, with leadership across semiconductors, advanced technology, automotive engineering, and industrial manufacturing. Wipro’s expanded presence reflects the growing importance of Korea in shaping global innovation and the increasing demand from South Korean enterprises for AI‑led transformation that can scale across markets. Wipro employs several hundred professionals in South Korea and continues to make sustained investments in the local ecosystem. The company serves South Korean clients through a strong local presence, complemented by its
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Modular Management, a global technology-enabled consulting leader in modularity and product configuration, announced a new distributor partnership with P&P Advisory, South Korea's leading PLM and Modular Design consulting firm. P&P Advisory will market, sell, and implement PALMA® — Modular Management's Product Configuration Platform — across the South Korean manufacturing industry. South Korea is home to some of the world's most competitive manufacturers, producing complex, high-variety products for global markets. As these companies face growing pressure to manage product complexity, reduce Time to Market, and build scalable configurable portfolios, PALMA provides a purpose-built solution to govern modular architectures and connect product decisions across R&D, sales, and operations. "PALMA addresses a real gap in the business application landscape for manufacturers pursuing systematic, long-term development of configurable product portfolios grounded in modularity. We believe it will make a tangible difference for South Korea's R&D and engineering-driven manufacturing sector." — Young-jin Yoo, CEO, P&P Advisory  PALMA is a cloud-based Product
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With increasing pressure to reduce downtime, control operating costs and maximize vehicle uptime, AI-driven predictive maintenance is rapidly becoming a critical competitive differentiator for fleet management. To accelerate its leadership in data-driven vehicle health services, Bosch announced plans to acquire Uptake Technologies, Inc., a startup based in Chicago, Illinois, specializing in AI-based predictive analytics for commercial fleets. Bosch and Uptake Technologies have agreed not to disclose financial details of the transaction. With the acquisition of Uptake, Bosch is bringing a market leader in predictive maintenance with a 10-year history of delivering predictive AI maintenance solutions to fleets into its expanding portfolio of software services. As the largest automotive supplier in the world according to Automotive News with expansive expertise in system competence and diagnostics, Bosch is uniquely positioned to support Uptake’s mission of providing actionable insights to fleets that help to reduce downtime and maintenance costs. “This planned acquisition strengthens our position
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echtle AG delivered a strong year‑end performance, closing the 2025 fiscal year successfully and broadly meeting expectations despite challenging market conditions. Business volume rose 8.1% to €8,596.1 million, with almost all national markets contributing to the increase. Exceptionally strong software business meant revenue growth lagged somewhat due to IFRS 15 accounting effects. Revenue rose 1.6% to €6,405.9 million, while earnings before tax (EBT) were in line with expectations at €324.2 million. As at 31 December 2025, Bechtle employed 16,360 people, an increase of 559 year on year—entirely attributable to acquisitions. Our companies in the Benelux and Other European segments delivered above‑average growth in business volume, while Germany also posted a strong increase of 6.4%. Growth was particularly robust in the fourth quarter, with business volume rising by 16.6% across the group, driven by all sub‑segments. Germany and Other Europe recorded especially strong gains in the final quarter. “We are pleased with
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Nemetschek SE, a global, leading vertical provider of AI-powered software solutions for the construction and media industries, fully achieved all its targets in fiscal year 2025. For the current fiscal year 2026, the MDAX- and TecDAX-listed Group expects continued, strong double-digit revenue growth of 14% to 15% as well as further increased operational profitability with an EBITDA margin of 32% to 33%. “We are evolving from a leading vertical software provider into a vertical AI leader in our industries. With our deep domain expertise, data access across the building life cycle, network effect and close integration into our customers’ workflows, artificial intelligence is amplifying the innovation that drives our success. It enhances our solutions, unlocks new growth potential across the construction and infrastructure life cycle, and delivers internal efficiency gains,” said Yves Padrines, CEO of the Nemetschek Group. “With AI expanding our addressable market, combined with our business model transformation, international growth,
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Hexagon's Annual and Sustainability Report 2025 is now available at Hexagon's website hexagon.com. Hexagon intends to solely distribute the report digitally. However, if you would like to receive a printed copy of the Annual and Sustainability Report, please request one here. As previously communicated, Hexagon's Annual General Meeting will be held at April 24 2026 at 10:30 CET at IVA Konverenscenter, Grev Turegatan 16 in Stockholm, Sweden. Notification of attendance must be made on 20 April 2026 at the latest. Hexagon Annual and Sustainability Report 2025 To view the original press release, please click here. Search for Hexagon on CIMdata.com
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ano Dimension Ltd. (“Nano Dimension,” “Nano,” or the “Company”), a leader in digital manufacturing solutions, announced that it will host a conference call and webcast to discuss its fourth quarter and full year 2025 financial results on Tuesday, March 31, 2026 at 4:30 p.m. ET. Nano also announced that it filed a Form 12b-25 with the SEC related to its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The Company expects to file its Form 10-K within the 15-day extension period permitted under SEC rules and does not anticipate that there will be any restatement of its previously issued financial statements. Preliminary Fourth Quarter Revenue Exceeds Guidance In January 2026, the Company disclosed preliminary financial information for the fourth quarter of 2025. Based on the work completed to date, management believes the financial results remain materially consistent with prior disclosure. Based on preliminary, unaudited results, fourth quarter
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AVEVA, a global leader in industrial software, announced anew collaboration with NVIDIA, where they’re integrating their engineering and operations software into the NVIDIA Omniverse DSX Blueprint. Together, the two companies are creating physical and digital modules that can be deployed in large-scale data centres, known as AI Factories. The approach replicates the methods used in engineering, procurement and construction projects.  The collaboration draws on AVEVA’s comprehensive portfolio, including the CONNECT industrial intelligence platform and industrial digital twin capabilities. It is projected to accelerate time-to-token for AI Factories, using domain-specific simulations, digital visualisation and collaborative design tools to maximise GPU efficiency and accelerate deployment of AI Factories at speed and scale. AVEVA’s collaboration sits alongside its strategic partners Schneider Electric and ETAP. Together, they are jointly advancing the design, simulation, build, operation, and optimisation of the NVIDIA Omniverse DSX Blueprint for AI Factories. The collaboration extends the methodology and expertise that AVEVA is known for across many industrial sectors. AVEVA is incorporating its
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Cadence announced an expansion of its broad collaboration with NVIDIA to accelerate Cadence’s Design for AI and AI for Design strategy. The next generation of agentic AI design solutions includes autonomous, long-running agents that require accelerated, trusted, physics-grounded engines to translate design intent into automated flows, generate designs and debug errors, and manage long, complex, end-to-end workflows. Cadence’s leadership in agentic AI is expanded by integrating its portfolio of industry-leading chip and system design solutions with NVIDIA’s accelerated computing stack. “The fusion of agentic AI and physics-based design is transforming how the world’s most advanced chips are engineered,” said Anirudh Devgan, president and CEO of Cadence. “Through our expanded collaboration with NVIDIA, we’re bringing together Cadence’s expertise in agentic IC design and physics-driven optimization with NVIDIA’s accelerated computing to advance a new era of AI-driven chip innovation. Together, we’re enabling customers to design more intelligent, efficient silicon that will power the next generation
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LTM – the Business Creativity partner to the world’s largest enterprises, announced the expansion of BlueVerseTM Tech, its AI‑led engineering platform, with the launch of AppIQ, AgentIQ and FusionIQ—three purpose‑built platforms designed to help enterprises modernize applications, orchestrate AI‑first software delivery, and engineer quality at scale. As software development evolves from human‑only execution to human + intelligent agents, traditional effort‑driven engineering and QA models are increasingly unable to keep pace. These BlueVerseTM platforms embed agentic, engineering‑aware AI across the software development lifecycle (SDLC), enabling enterprises to move faster from legacy complexity to modern, resilient, and high‑quality digital systems. AppIQ — Modernize Legacy Applications, FasterAppIQ applies AI to read and understand legacy codebases, generate documentation, map functional workflows, and produce actionable specifications for forward engineering. What previously required weeks of reverse engineering can now be completed in days, significantly reducing modernization risk and cost. AgentIQ — Orchestrate AI Agents Across Software DeliveryAgentIQ provides a unified platform to deploy, govern, and orchestrate
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