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Items filtered by date: November 2024 - CIMdata
Cadence announced results for the second quarter of 2025. Second Quarter 2025 Financial Results Revenue of $1.275 billion, compared to revenue of $1.061 billion in Q2 2024 GAAP operating margin of 19.0%, compared to 27.7% in Q2 2024 GAAP diluted net income per share of $0.59, compared to $0.84 in Q2 2024 Non-GAAP operating margin of 42.8%, compared to 40.1% in Q2 2024 Non-GAAP diluted net income per share of $1.65, compared to $1.28 in Q2 2024 Quarter-end backlog was $6.4 billion and current remaining performance obligations (“cRPO”), contract revenue expected to be recognized as revenue in the next 12 months, was $3.1 billion GAAP results include a one-time charge relating to the $140.6 million settlements of our previously disclosed legal proceedings with the U.S. Department of Justice (“DOJ”) and the Bureau of Industry and Security (“BIS”) of the U.S. Department of Commerce “Cadence delivered an exceptional Q2, with 20% year-over-year revenue growth and stronger than expected bookings. This
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Keysight Technologies, Inc. will release financial results for the fiscal quarter ending July 31, 2025 after the close of the market on Tuesday, August 19, 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 1-404-975-4839 or 1-833-470-1428 toll-free (access code 819411). 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 Keysight on CIMdata.com
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Infosys, a global leader in digital services and consulting, announced a strategic collaboration with RWE, a German multinational energy company, to drive automated digital workplace transformation and improve operational efficiency. Leveraging Infosys Workplace Suite, an amalgamation of tools and accelerators that help enterprises drive adoption of Digital Workplace Services, the collaboration will implement solutions that automate processes and enable self-service options, supporting RWE’s ongoing efforts to drive operational excellence. Infosys has collaborated with RWE as a trusted partner for over 12 years, supporting numerous modernization and business transformation initiatives. Leveraging this extensive experience and its expertise in complex digital workplace transformations, Infosys is working closely with RWE to modernize its workplace with a strong focus on user centricity and sustainability. Building on this extensive experience and its expertise in managing complex digital workplace transformations, Infosys will guide RWE towards a modern workplace, placing user centricity and sustainability at the heart of its approach.
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Centric Software® is pleased to announce that fashion and footwear retailer Shoe Palace, has selected Centric PLM™ to drive growth and centralize product development. 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 1993, Shoe Palace began as a single brick-and-mortar location in San Jose, California. Over the past three decades, the family-owned business has grown into a nationally recognized retailer with over 250 physical locations and a thriving eCommerce platform. Known for its curated product mix, immersive in-store experiences and strong community ties, Shoe Palace is widely recognized as a key player in the footwear and streetwear market. As the business scaled, particularly in its private label division, the company identified a need
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Ansys, now part of Synopsys, announced 2025 R2, featuring new AI-powered capabilities across the portfolio that accelerate simulation and expand accessibility. R2 also delivers enhanced solvers, streamlined workflows, and improved engineering agility with expanded Python compatibility and on-demand cloud computing. Ansys technology drives impact by enabling teams to scale models, explore more innovative design possibilities, and make intelligent product decisions earlier, from next-generation satellites to datacenter design. “Ansys simulation is the touchstone of reality when it comes to physics, bridging the theoretical with the experimental,” said Shane Emswiler, senior vice president of products at Ansys. “With over 50 years of expertise in advanced physics computation, 2025 R2 continues to push the envelope by delivering enhancements for smarter, faster, and more complex simulations. Ansys technology provides the framework to make data meaningful through models, metadata, traceability, and standards — empowering more innovative products now and in the future.” Ansys 2025 R2 amplifies human ingenuity
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The ENCY 1.1.2 update introduces several enhancements aimed at streamlining programming workflows and improving reliability in critical operations. Spindle Synchronization for Part-off with Takeover A new parameter, “Grip RPM,” has been added to the Part-off with Takeover operation. It synchronizes the main spindle speed with the sub spindle speed during engage and part picking. This value is passed to CLData for proper postprocessor functionality. Starting Point in Scallop operation The “Starting Point” parameter is now available in the Scallop operation for more flexible toolpath control. New Parameter in Reports Expert mode in the machining report generation window now includes the operation name for hole machining lists. Usability Improvements The algorithm for matching coaxial tools in main and counter spindles on Swiss-type machines has been improved. Hints for the “Adaptive Feedrate” parameter have been updated. If the Zmin parameter is selected by default or by feature in the properties window, shaped tool geometry cannot be enabled to prevent errors and gouging. It can only
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L&T Technology Services, a leading global engineering and technology services company, has been inducted into the prestigious John Deere Supplier Hall of Fame for achieving Partner-level Supplier Status for five consecutive years in the John Deere Achieving Excellence (AE) Program. The Partner-level Supplier Status is John Deere’s highest supplier rating, awarded to businesses that demonstrate the highest standards of quality, delivery, and innovation. LTTS, headquartered in India, has received this distinguished recognition consecutively for FY2020, 2021 (in which it was also named Supplier of the Year), 2022, 2023, and 2024, exemplifying its unwavering commitment to excellence. The Hall of Fame induction underscores LTTS’ sustained success in delivering cutting-edge engineering and digital solutions across a range of services for John Deere in North America and India. These include engineering expertise in areas such as digital solutions, product simulation, embedded software development and validation, mechanical design, cost management, and advanced analysis, aftermarket and customer support. Suppliers participating in the
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Science Applications International Corp., the nation’s leading mission integrator, announced that former senior advisor to President Trump and political strategist David Urban has been appointed to its Board of Directors, effective September 15, 2025. Urban has extensive experience across government, military, legal, private and public sectors, helping companies to navigate public policy and strategic communications challenges, as well as advising on corporate governance, risk management and organizational leadership. He will bring that wealth of expertise to his board position at SAIC. Mr. Urban has been appointed to serve on the Board’s Audit Committee and this increases SAIC’s Board from eleven to twelve members. “I am thrilled to welcome David to the Board of Directors at SAIC,” said Donna Morea, SAIC Board Chair. “His deep understanding of the federal government’s mission will be invaluable as the company continues to innovate, drive growth and seize future opportunities.” Urban currently holds positions as Managing Director
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SEMI, the industry association serving the global semiconductor and electronics design and manufacturing supply chain, announced it has partnered with Arizona State University (ASU) to expand access to high-impact, on-demand training for the global semiconductor workforce. The newly launched courses, available through the SEMI University (SEMI U) learning platform, span emerging and foundational topics critical to today’s semiconductor professionals, including AI, packaging, process characterization, and operational excellence. The courses offer a certificate from ASU upon successful completion of each module. “Our partnership with ASU marks a significant step forward in delivering world-class semiconductor and AI education at scale,” said Shari Liss, Vice President of Global Workforce Development and Initiatives at SEMI. “Together, we’re equipping current and future professionals with the critical, in-demand skills needed to accelerate innovation and ensure the continued growth of our industry. These flexible, high-quality learning experiences reflect our shared commitment to workforce excellence and global access.” SEMI U featured courses with ASU
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Centric Software® is proud to announce the launch of its new native mobile application for iOS and Android, purpose-built for today’s hybrid, fast-paced product development teams. The app redefines how brands and retailers engage with Product Lifecycle Management (PLM) by enabling teams to work anytime and anywhere with actionable, up-to-date information for maximum speed and agility. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such as fashion, luxury, footwear, outdoor, home, cosmetics & personal care as well as multi-category retail to achieve strategic and operational digital transformation goals. Delivering a high-performance experience that goes far beyond mobile web access, the Centric PLM app provides seamless access to real-time product data and workflows through a clean, intuitive interface. With no configuration required, users can simply log in and instantly collaborate, review and update information on the go. Whether on the
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