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Items filtered by date: November 2024 - CIMdata
Aras, a leader in product lifecycle management (PLM) and digital thread solutions, announced the return of its Aras Connect Tour across Europe. The 2025 tour will make stops in four main cities, including Birmingham, Paris, Frankfurt, and Stockholm. The events will bring together business leaders, technology pioneers, and forward-thinking enterprises under the theme Connected Intelligence: AI, PLM, and the Future of Connectivity.  This event series is designed to showcase how the convergence of artificial intelligence (AI), PLM, and the digital thread is redefining agility, efficiency, and resilience in today’s dynamic business environment. Aras Connect 2025 will provide attendees with deep dives into the company’s latest platform advancements, customer success stories, and cutting-edge strategies to future-proof product development and operations.  Each event will feature a dedicated Tech Summit for Aras builders – including engineers, software architects, and technical experts – offering in-depth technical tracks, live demos, and hands-on sessions with Aras product leaders.  The events will take
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HPE announced financial results for the third quarter ended July 31, 2025. “HPE delivered record-breaking revenue and improved profitability this quarter as we marked a major milestone by closing our acquisition of Juniper Networks,” said Antonio Neri, president and CEO of HPE. “Customer demand stretched broadly across our portfolio and was particularly strong in our Server and Networking segments. As we enter a new chapter at HPE, we are focused on capturing the tremendous market opportunity through execution that delivers strong, consistent shareholder value.” “In Q3, we delivered on our commitments, generating record revenue, as well as improved sequential operating profit with major contributions from our three largest segments,” said Marie Myers, executive vice president and CFO of HPE. “Acquiring Juniper Networks has already added to our results, with more profit accretion expected as we work to quickly capture planned synergies and drive new market opportunities.” Third Quarter Fiscal 2025 Financial Results Revenue: $9.1 billion,
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Science Applications International Corporation, a premier Fortune 500 technology integrator driving our nation's digital transformation across the defense, space, civilian, and intelligence markets, announced results for the second quarter ended August 1, 2025. "Our second quarter results reflect strong program performance, and our bookings reflect further momentum in our business development efforts; however, slower on-contract growth and continued delays in new business awards and new program ramps are contributing to a more challenging revenue environment than previously forecasted,” said Toni Townes-Whitley, SAIC Chief Executive Officer. “We are responding purposefully by aligning our cost structure while sustaining key investments to drive long-term value creation. Our revised guidance assumes that the operating environment remains stable but does not improve this year. We believe that this more cautious outlook is prudent, and we are confident in our ability to execute against it." Second Quarter Summary Results Revenues for the quarter decreased $49 million or 3% compared to
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Accent Group, a leading footwear and apparel retailer with more than 30 iconic brands across Australia and New Zealand, has expanded its partnership with Bamboo Rose to include advanced planning capabilities through the TotalPLM™ platform. A former Foresight Retail customer (now part of Bamboo Rose), Accent Group is adopting Item Planning with AI-powered Decision Intelligence to enhance merchandise planning operations. Accent Group already uses Bamboo Rose’s Plan within TotalPLM, with 99% of allocations now processed through the system. Building on that success, the team is expanding into item-level planning to improve forecasting accuracy, reduce friction, and boost visibility across its brand portfolio. By expanding its use of Plan within TotalPLM, Accent Group aims to: Improve item-level planning accuracy with AI-driven insights Strengthen planning efficiency across a broad brand portfolio Minimize reliance on manual processes and legacy systems Drive smarter decisions that fuel growth without added overhead “As we continue to scale and support a growing network of
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Siemens Digital Industries Software announced that Data Patterns (India) Ltd., a product OEM and integrated electronics solutions provider for defense, aerospace and meteorological industries, has selected Siemens’ Teamcenter® software for Product lifecycle Management and Polarion™ ALM (Application Lifecycle Management) software from the Siemens Xcelerator portfolio to standardize data, processes and people across manufacturing and testing facilities so it can design, develop and manufacture high-reliability safety and mission critical electronics Data Patterns will replace its current solution with Teamcenter as a single source of truth for its mechanical, electrical, electronic and software domains. With these solutions, Data Patterns can create digital threads to connect real-time data across engineering, design, development and manufacturing teams, enhancing collaboration and ultimately accelerating go-to-market times, reducing cycle times and improving product quality.  Data Patterns will also migrate to Polarion ALM software to automate and integrate compliance solutions for faster workflows, more efficient collaboration and less costly projects. Teams will
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Eurostep, part of BAE Systems Digital Intelligence, has been awarded a contract by the Norwegian Defence Materiel Agency (NDMA) to deliver DIGIMAT, a futureproofed, standardised cloud service for the secure, automated and quality-assured collection of defence materiel data. DIGIMAT will strengthen NDMA’s collaboration with defence equipment suppliers by ensuring access to accurate, validated information that supports the operational capability of the Norwegian Armed Forces. Dag Øyvind Hagen, Assistant Director/Head of the Materiel Information Department and Project Owner of the DIGIMAT project said: “DIGIMAT is a strategic digitisation initiative within NDMA and the Armed Forces. As outlined in NDMA’s Business Case for DIGIMAT, the new IT tool is expected to reduce time-consuming processes related to collecting data from our suppliers, as well as improving data quality by ensuring it is in a standardised format. We believe Eurostep and its well-proven solution, ShareAspace, will meet our expectations.” With a strong track record in the defence sector,
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SAP SE announced that the Mercedes-AMG PETRONAS Formula One Team is leveraging intelligent enterprise solutions from SAP to drive operational excellence, innovation, and regulatory compliance as the sport prepares for the new 2026 FIA financial regulations. With the 2026 cost cap set to increase to US$215 million to accommodate new technical regulations and previously exempted items, Formula One (F1) teams face growing complexity in managing performance within strict financial boundaries. Mercedes-AMG PETRONAS F1 Team has partnered with SAP to meet this challenge head-on. Once the Team adopts SAP Cloud ERP Private solutions as its digital core, the team will be enabled with real-time financial insights, predictive analytics, and streamlined operations across the organization. The team will also be able to utilize SAP Business AI to forecast budget needs, optimize supply chains, and manage inventory with precision—critical capabilities under the evolving cost cap framework. A key use case is the management of the team’s stock
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Computer Generated Solutions, Inc. (CGS), a global leader in supply chain management software, today announced a native integration between its BlueCherry® platform and Avalara, a leader in modern compliance automation software, offering the most advanced tax and compliance platform powered by AI. The partnership delivers a powerful solution for fashion, apparel, and consumer goods brands looking to simplify complex tax compliance, reduce risk, and boost operational efficiency across all sales channels. With the integration of Avalara’s AI-infused AvaTax platform, BlueCherry ERP users can automate real-time tax calculations, manage exemption certificates, and streamline filings across multiple jurisdictions, both domestically and internationally. This reduces reliance on manual processes and costly third-party consultants, enabling brands to focus more on growth and innovation. According to a recent Forrester Consulting study commissioned by Avalara1, over three years, a composite organization utilizing tax automation tools saved $150,000 annually, improved audit readiness by 85%, and reduced hundreds of hours
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DXC Technology, a leading Fortune 500 global technology services provider, announced cutting-edge collaborations with Acumino, CAMB.AI, and GreenMatterAI, to develop AI solutions for the automotive and manufacturing industries. The initiatives are part of DXC’s long-standing partnership with STARTUP AUTOBAHN powered by Plug and Play, a global innovation platform that facilitates collaboration between promising early-stage innovators and large enterprises in the field of mobility.  “We strive to transform breakthrough innovation to deliver real-world impact at global scale,” said Karim Jeribi, Vice President Global Industries at DXC Technology. “Through our collaboration with STARTUP AUTOBAHN and the incredible startups in their ecosystem, we’re not just experimenting with AI, we’re pushing industries forward by solving some of our customers’ most pressing challenges.”  Through its collaboration with STARTUP AUTOBAHN, DXC has so far selected over 100 emerging technology companies and launched over 25 pilots and customer projects, transforming innovation into real-world impact.  “At STARTUP AUTOBAHN powered by Plug and Play, our mission
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L&T Technology Services Limited, a global leader in AI, Digital & ER&D Consulting Services, announced a strategic partnership with Silicon Valley’s SiMa.ai, a leader in Physical AI. This partnership aims to transform industries through cutting-edge AI-driven solutions in Mobility, Healthcare, Industrial Automation and Robotics. This partnership integrates LTTS’ deep engineering expertise and domain focus with SiMa.ai’s MLSoC™ ONE platform and software SDK. Under this agreement, SiMa.ai will deliver industry-leading AI hardware and software solutions by leveraging LTTS’ core engineering capabilities and human capital investments across key areas such as in-vehicle infotainment (IVI), AD/ADAS, Industrial Automation & Robotics and Healthcare. The joint development of breakthrough use cases in these areas will drive the expansion and broader adoption of SiMa.ai’s platform. “SiMa.ai cements LTTS’ position as a leader in AI-led ER&D solutions,” said Amit Chadha, CEO and Managing Director of L&T Technology Services. “By combining SiMa.ai’s groundbreaking AI computing technology with our expertise in design and
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