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Items filtered by date: November 2024 - CIMdata
Siemens Digital Industries Software announced that it has collaborated with United Microelectronics Corporation (UMC), a leading global semiconductor foundry, to implement Siemens' mPower™ software for electromigration (EM) and IR drop analysis, enabling chip designers to optimize performance and enhance reliability. The scalability of mPower enables customers such as UMC to carry out more accurate analysis on larger layouts than ever before and the Transistor-Level Pre-Layout EM and IR Drop capabilities enable early detection of potential issues, allowing designers to optimize chip performance and enhance reliability. After extensive evaluation, UMC successfully used mPower's automated processes to perform comprehensive SRAM full-chip circuit analysis, delivering precise IR drop distribution assessments and enabling early-stage risk detection. "By integrating Siemens' mPower into our design verification flow, we're enhancing our ability to identify and address potential issues earlier in the development cycle," said Osbert Cheng, vice president of device technology development & design support, UMC. "This aligns perfectly with
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Stratasys Ltd. announced the release of GrabCAD Print Pro™ 2025, an important update to its print preparation software designed to reduce time, complexity, and cost across additive manufacturing operations. The software update includes full integration of fixturemate™, a design automation application developed by trinckle to simplify fixture design. fixturemate allows users to generate production-ready fixtures in minutes – no CAD experience required. With full integration of fixturemate, and enhanced features like 3D textures, void body creation, and multi-session support, the new version gives users more control over part functionality and throughput while simplifying production workflows and reducing reliance on traditional engineering resources. Manufacturers increasingly rely on additive manufacturing to improve agility on the factory floor, but many still face bottlenecks caused by fragmented software workflows and the need for skilled engineering labor. GrabCAD Print Pro™ 2025 shifts the work of fixture design from design engineers downstream to AM operators - enabling GrabCAD
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Accenture has acquired Aristal, a Malaysia-based consulting and digital transformation firm with deep expertise in financial services—marking Accenture’s first banking-focused acquisition in the country. The acquisition strengthens Accenture’s talent and capabilities to help banks in Malaysia upgrade their core systems, improve operations, and manage large-scale changes like mergers and system transitions. Founded in 2006, Aristal is recognized for its high-quality advisory services and deep expertise in core banking transformation. The firm has built a strong track record of successfully delivering large-scale IT and business transformation programs for leading financial institutions across Malaysia, Indonesia, Singapore, and Thailand. “With deep expertise in core banking systems, Aristal has helped banks upgrade outdated platforms, improve operations, and deliver better customer experiences—capabilities that will strengthen Accenture’s financial services offerings,” said Paul Ng, Financial Services Lead, Southeast Asia at Accenture. “Their experience implementing core banking platforms, designing operating models, and supporting post-merger integration will enhance our ability to help banks across Southeast
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AMETEK, Inc. announced that it has completed its acquisition of FARO Technologies, Inc. for $44.00 per share in cash, or approximately $920 million, net of cash acquired. The completion of the transaction follows approval from FARO shareholders and the receipt of all regulatory approvals. As a result of the completion of the merger, the common stock of FARO will no longer be listed for trading on Nasdaq. "We are pleased to announce the closing of this highly strategic acquisition and are excited to welcome the FARO Technologies team to AMETEK," said David A. Zapico, AMETEK Chairman and Chief Executive Officer. "FARO's leadership in 3D metrology and digital reality solutions enhances our capabilities in precision measurement and supports our expansion into attractive market segments." FARO joins AMETEK as part of its Ultra Precision Technologies Division within AMETEK's Electronic Instruments Group. FARO Technologies is a leading provider of 3D measurement and imaging solutions, including portable measurement arms, laser scanners and
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JBT Marel Corporation announced that it will report second quarter 2025 financial results on Monday, August 4, 2025, after the market closes. JBT Marel will host an earnings conference call on Tuesday, August 5, 2025, at 10:00 AM ET / 14:00 GMT. The conference call will be webcast and is accessible through this link: Webcast Registration. The webcast will also be available for replay shortly after the conference call ends. This information is also available on the Company’s Investor Relations Website. To view the original press release, please click here. Search for JBT Marel on CIMdata.com
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KORE Group Holdings, Inc., the global pure-play Internet of Things ("IoT") hyperscaler, and provider of IoT Connectivity, Solutions and Analytics announced that on August 14, 2025, following the U.S. market closing it will release its financial results for the second quarter of 2025. KORE will host a live webcast, followed by a question-and-answer period the same day at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss the financial results. Date: August 14, 2025Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Webcast Event: link U.S. dial-in: (877) 407-3039International dial-in: (215) 268-9922Conference ID: 13755120 To view the original press release, please click here. Search for KORE on CIMdata.com
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TotalEnergies and Emerson’s Aspen Technology business have announced a strategic collaboration to deploy advanced digital technologies for the continuous, real-time collection of data from TotalEnergies’ industrial sites. The objective is to harness the value of that data to enhance decision-making, specifically through the use of artificial intelligence (AI), and optimize operational efficiency, energy use and environmental performance at TotalEnergies sites worldwide, thereby continuing to supply more reliable and sustainable energy.  Leveraging data in real time… Under the terms of the deal, TotalEnergies will roll out Emerson’s AspenTech Inmation™ across its industrial sites worldwide. This industrial data fabric will continuously collect and centralize millions of real-time data points from TotalEnergies’ facilities, providing secure and unified access to data across the organization.  The digital infrastructure, which also includes Emerson’s advanced process control solutions, will subsequently allow TotalEnergies to deploy AI use cases. ...to improve industrial performance  This rollout is planned over a two-year period and will ultimately
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Infosys, a global leader in next-generation digital services and consulting, announced the expansion of its existing collaboration with Telstra, Australia’s leading telecommunications and technology company. Infosys will be the strategic partner for Telstra International, the global arm of Telstra, to advance technology leadership, drive innovation and support Telstra’s new Connected Future 30 strategy by dynamically responding to customers' evolving needs. The collaboration will also drive efficiency while accelerating Telstra International’s strategy of streamlining operations and delivering solutions which add value to customers. Infosys will deploy an AI-first approach to modernize and streamline essential systems for Telstra International, which will enhance connectivity, drive business growth, and accelerate the adoption of AI. “Our expanded collaboration with Infosys is pivotal to delivering greater value for our customers and shareholders as we evolve into a software-centric, AI-first connectivity company,” said Chris Ellis, Head of IT, Software Engineering & IT, Product & Technology at Telstra. “It strengthens our focus on
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Infosys, a global leader in next-generation digital services and consulting, announced the extension of its strategic collaboration with AGCO Corporation, a global leader in the design, manufacture and distribution of agricultural machinery and precision agriculture technology. This new engagement spans IT infrastructure and HR operations, empowering AGCO with an efficient and future-ready operational framework. The transformation aims to enhance user experience through responsive IT solutions, simplicity, consistency and cost reductions via standardized processes as well as accelerated efficiency with scalable tools and automation technologies. Building on the trust fostered through a strategic digital transformation collaboration, the two companies are working together on the following critical areas: HR operations aimed at elevating employee experience, streamlining processes and driving efficiency within AGCO’s human resource functions, in collaboration with the Infosys BPM practice. IT infrastructure operations leveraging best-in-class offerings like Infosys Polycloud, a part of Infosys Cobalt, along with automation technologies aimed at simplifying, standardizing, and optimizing AGCO’s IT ecosystem. In
Published in Newsletter Articles
Qualtrics, the leader and creator of the experience management category, announced that Singapore Airlines (SIA) is using its solutions to enhance its collection, processing, and analysis of customer responses, enabling deeper insights across multiple feedback channels. The three-year agreement supports SIA’s efforts to better understand customer concerns and preferences through research, data analytics, and artificial intelligence (AI). This approach allows SIA to gather comprehensive customer experience data across multiple channels, helping identify evolving preferences and address concerns across various touchpoints. “Singapore Airlines uses Qualtrics’ text analytics to process and analyse customer feedback from multiple channels. By integrating advanced analytics with our customer experience strategies, we can better understand our customers’ evolving expectations, address their needs more effectively, and enhance their end-to-end journey with Singapore Airlines,” said Melvin Ng, Vice President of Customer Experience at Singapore Airlines. SIA is also exploring how to leverage Qualtrics’ GenAI capabilities to enhance analysis of open-ended customer feedback.
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