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Items filtered by date: November 2024 - CIMdata
DXC Technology, a leading Fortune 500 global technology services provider, announced the official opening of its office in Farnborough, a state-of-the-art location that is home to DXC's dedicated Aerospace and Defense Hub. This milestone follows the recent opening of DXC's first office in Toronto and is part of the company's broader growth strategy, reinforcing its commitment to talent, innovation, and customer success across the globe.  DXC's new Farnborough location is a purpose-built, technology enabled environment that fosters connection, collaboration, and innovation among employees and new and existing customers. With a presence in the UK for over four decades, DXC employs more than 6,500 people nationwide. The site brings together teams from Aldershot and Hook into a single location and is expected to create opportunities for the local workforce - including armed forces veterans and reservists, as well as graduate, apprentice, and early-careers opportunities through the DXC UKI Academic Programme.  "Farnborough is a storied and vibrant destination for innovators and
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Kinetic Vision is proud to announce a new partnership with Dan Haney, a packaging expert with more than three decades of experience in material science, prototyping, and commercialization. The collaboration brings together Kinetic Vision’s strengths in digital tools, rigid packaging, and development acceleration with Haney’s deep expertise in flexible packaging, sustainability, and physical prototyping. Together, they aim to offer clients a more seamless and integrated path from concept to execution. By combining digital and physical prototyping, the partnership helps improve packaging outcomes and time to market.  “I’m excited to work alongside the Kinetic Vision team that’s accelerating what’s possible in packaging through their advanced digital platform,” said Dan Haney. “My expertise in material science, sustainability, physical prototyping, and go-to-market execution across formats like flexible packaging, labels, and folding cartons helps expand capabilities. Bridging digital and physical execution turns consumer-first ideas into scalable solutions. Together, this combination optimizes and accelerates validation, rethinks supply chains, and delivers brand impact, performance, and
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L&T Technology Services, a leading global engineering and technology services company, has unveiled its state-of-the-art Engineering Design Center in Plano, Texas. This investment underscores LTTS’ commitment to delivering advanced solutions in AI & Tech and establish more near shore centers tailored to the evolving needs of our clients. As an ITAR-compliant facility, the center is equipped to design, develop, and test defense-related products and systems. The new design hub will also focus on advanced cybersecurity solutions, including a Security Operations Center (SoC), an enabler for Smart City technologies. Starting with a capacity to house 100 engineers, the center aims to create more than 350 high-skilled jobs in core business segments including Mobility and Tech.  Inaugurated by the Honorable Mayor of Plano, John B. Muns, Vice President at Caterpillar, Tim Graham, Honorable Consul General of India in Houston, Manjunath Chenneerappa, and President & Executive Director (Mobility & Tech) at LTTS, Alind Saxena, the center exemplifies innovation and cross-pollination of technologies. During
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The executive team of Okuma America Corporation, a global manufacturer of computer numeric control (CNC) machine tools, controls, and automation systems, is pleased to be recognized by American Axle & Manufacturing Holdings, Inc. (AAM) as one of their 2025 Suppliers of the Year in the Indirect Material category. Mr. Jim King, president, CEO, and COO of Okuma America Corporation, accepted the award on June 18, 2025, at AAM’s annual Supplier Day event held in Detroit, Michigan. AAM is a leading global Tier 1 Automotive and Mobility Supplier that designs, engineers, and manufactures Driveline and Metal Forming technologies to support electric, hybrid and internal combustion vehicles. AAM selects the Suppliers of the Year honorees from a variety of criteria, including delivery performance, product quality, launch execution, sustainability commitment, and technology leadership. Okuma American Corporation and AAM have partnered together for over a decade. Mr. King reflected on the partnership, sharing, “It’s been an honor to
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Addnode Group is pleased to invite investors, analysts, and media to a presentation where President and CEO Johan Andersson and CFO Kristina Elfström Mackintosh will present the interim report January – June 2025. After the presentation, there will be an opportunity to ask questions. Date: Monday, July 14, 2025Time: 11:00 AM CESTAccess to audiocast and teleconference with the ability to ask questions verbally: https://www.addnodegroup.com/report/q2-2025/ The presentation will be held in English. The interim report will be published at 10:30 AM CEST the same day. The full report, presentation, and links to the audiocast and teleconference will be available on www.addnodegroup.com To view the original press release, please click here. Search for Addnode Group on CIMdata.com
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Tecsys Inc., an industry-leading supply chain management SaaS company, announced its results for the fourth quarter and full year of fiscal 2025, ended April 30, 2025. All dollar amounts are expressed in Canadian currency and are prepared in accordance with International Financial Reporting Standards (IFRS). “Fiscal 2025 was a strong year for Tecsys, with 29% SaaS revenue growth and expanded market opportunity,” said Peter Brereton, president and CEO at Tecsys. “We delivered 39% full year Adjusted EBITDAi growth and ended the year with a record professional services backlogii. We expanded our global footprint with key strategic activities and achieved a healthy mix of new logos, base expansions and complex distribution wins across multiple geographies. The recent launch of TecsysIQ reflects our commitment to deepening customer value through our continued investment in AI innovation. We believe these results and initiatives position us well to continue scaling profitably into fiscal 2026.” Mark Bentler, chief financial
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Donnerstag, Juni 26, 2025

Bechtle acquires E-Storage in Utrecht

Bechtle AG is expanding its international footprint and bolstering its presence in the Netherlands with an established specialist in highly-complex data infrastructure and cyber-recovery solutions. Headquartered in Utrecht, E-Storage B.V. has enjoyed particular success working with financial services customers in the Dutch market since 1999. The IT service provider employs 38 staff and achieved 23 million euros in revenue in the last fiscal year. For E-Storage’s two founding partners, the aim of the sale to Bechtle is to secure their succession and the continuing development of the company under the umbrella of a large international group. The two operative entities, E-Storage B.V. and E-Storage Solutions B.V., will be fully integrated into Bechtle subsidiary, PQR. With this acquisition, Bechtle is increasing its Dutch market share, gaining highly-skilled and well-connected employees, and expecting considerable potential for growth through the synergies generated by E-Storage and PQR’s complementary portfolios.  “E-Storage is a key player in
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IFS, the leading provider of enterprise cloud and Industrial AI software, announced the acquisition of TheLoops, a cutting-edge innovator in autonomous AI agent technology. By applying TheLoops agentic capabilities in the industrial setting, IFS becomes the first vendor to offer an AI Agentic platform built specifically for the mission-critical assets and processes industries rely on. IFS's acquisition of TheLoops marks a shift from enterprise software that tracks work to software that does the work. It's the first enterprise-grade AI agent platform designed to deliver resilience, productivity, and measurable ROI – not as a co-pilot, but as a co-worker – while keeping security and governance in check from day one. Mark Moffat, Chief Executive Officer, IFS, commented: “The opportunity AI presents to mission-critical industries is immense, but needs to be structured around real value capture. The agentic capabilities that TheLoops provides our customers will enable them to transform their processes, operational efficiency and how
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Honeywell will issue its second quarter financial results before the opening of the Nasdaq Stock Market on Thursday, July 24. The company will also hold a conference call at 8:30 a.m. EDT. Presentation Materials / Webcast Details A real-time audio webcast of the presentation can be accessed at http://www.honeywell.com/investor, where related materials will be posted prior to the presentation and a replay of the webcast will be available for 30 days following the presentation. To view the original press release, please click here. Search for Honeywell on CIMdata.com
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Dassault Systèmes announced a five-year partnership with BoConcept, a global leader in the affordable premium furniture industry, to bring new 3D room design and product configuration experiences to BoConcept’s customers in 65 countries. BoConcept will integrate Dassault Systèmes’ HomeByMe 3D space planner and product configurator into its customer buying journey, merging the virtual and real worlds in a fluid approach to shopping that centers on inspiration, lifestyle, personalization, collaboration, quality and efficiency. With HomeByMe, BoConcept responds to needs of discerning customers who value both online and in-store shopping experiences by combining endless possibilities to customize furniture to unique tastes and needs, with high-quality service that accelerates delivery. BoConcept can provide the experience and expertise of its designers in a more digital way, helping consumers create their own individual space in a journey that increases their satisfaction and accelerates BoConcept’s sales. HomeByMe solutions include a 3D room planner that vendors can easily and intuitively use to
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