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Items filtered by date: November 2024 - CIMdata
Salesforce, the world’s #1 AI CRM, and Informatica, a leader in enterprise AI-powered cloud data management, have entered into an agreement for Salesforce to acquire Informatica for approximately $8 billion in equity value, net of Salesforce’s current investment in Informatica. Under the terms of the agreement, holders of Informatica’s Class A and Class B-1 common stock will receive $25 in cash per share. The planned acquisition will enhance Salesforce’s trusted data foundation critical for deploying powerful and responsible agentic AI. The combination of Informatica’s rich data catalog, data integration, governance, quality and privacy, metadata management, and Master Data Management (MDM) services with the Salesforce platform will establish a unified architecture for agentic AI — enabling AI agents to operate safely, responsibly, and at scale across the modern enterprise. Effective, enterprise-grade AI requires more than just data — it demands data transparency, deep contextual understanding, and rigorous governance: Data Transparency: Informatica’s advanced integration, catalog, and
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Aurigo Software, the leading provider of capital planning and construction management software for infrastructure and facility owners, announced the appointment of Dr. Sunil Kumar Vuppala as Vice President of AI Labs. Based in Bengaluru, Dr. Vuppala will lead the company’s global artificial intelligence (AI) strategy and research and development initiatives. “Dr. Sunil Vuppala joining as Head of Aurigo AI Labs is a significant milestone in our ambition to embed AI at the heart of every product we build,” said Manish Sharma, Senior Vice President of Engineering at Aurigo Software. “Sunil pairs world-class expertise in AI/ML, agentic architectures, and data science with a proven ability to turn research into responsible and trustworthy enterprise-scale solutions. Under his leadership, we will accelerate our AI-first SaaS roadmap that delivers unprecedented value to our customers.” Dr. Vuppala has over 20 years of experience spanning artificial intelligence, machine learning, deep learning, analytics, Internet of Things, and automation. He
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Capgemini announced an expansion of its strategic partnership with Mistral AI, a leader in innovative AI model development, and SAP, to help drive growth for regulated organizations by transforming operations and improving business outcomes, through a broad range of AI models. This unique collaboration provides a trusted and secure environment to deploy custom AI solutions within SAP for those industries with strict data requirements such as financial services, public sector, aerospace & defense, and energy & utilities. Leveraging Mistral AI’s revolutionary generative AI (gen AI) models and the SAP Business Technology Platform (BTP), Capgemini aims to develop multiple easily accessible business AI use cases, with a lower carbon footprint. Enterprises are increasingly turning to business AI to optimize processes and decision-making, while integrating generative AI to drive greater business value. This combination enables organizations to increase resilience by simulating scenarios, preparing response plans for crises, and quickly adapting to market changes. These technologies also help organizations gain a significant competitive edge,
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HCLTech, a leading global technology company, has been recognized as an SAP AppHaus Alliances Partner. This recognition enables HCLTech to co-innovate, drive business transformation and accelerate AI-powered business outcomes. HCLTech plans to introduce various Joule Agents from SAP to help enterprises automate processes, improve efficiency and make smarter decisions. HCLTech is also a member of the ‘Next Level program’ for SAP BTP and SAP Business AI, which reinforces its capability in implementing SAP-driven digital transformation projects. HCLTech's AI and Cloud Native Lab for SAP Business AI in Munich plays a pivotal role in this partnership. It enables enterprises to leverage SAP’s AI capabilities for faster adoption of cloud-native, AI-powered solutions. This lab provides access to the Business AI toolkit and human-centered methodologies in SAP AppHaus and structured design-thinking workshops, facilitating long-term scalability and digital evolution. "HCLTech's expertise in next-generation business technology platforms and our AI offerings - AI Force and AI Foundry, complement SAP's capabilities, while our industry-specific solutions support SAP's cloud strategy.
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Infosys and Hewlett Packard Enterprise (HPE) have inaugurated a joint Customer Innovation Center at Infosys’ premises in Düsseldorf, Germany. The center will serve as a hub for enterprises to explore and implement AI-driven solutions across networking, hybrid cloud, and cybersecurity. Housed within the Infosys Living Labs in Düsseldorf, part of Infosys’ global network of 12 Living Labs established to help create innovative solutions for clients by contextualizing emerging technologies, the center will leverage the Living Labs’ proven role within the European innovation ecosystem. Showcasing live demonstrations of HPE Aruba Networking’s AI-powered capabilities, the center will also bring to life its real-world applications, such as electronic shelf labels, asset tracking, and sensor integration across various sectors including manufacturing, retail, and healthcare. Moreover, the center serves as a platform for collaborative innovation, enabling clients to accelerate their digital transformation through the Infosys Cobalt cloud offerings in hybrid cloud, networking, and AI. This environment fosters strategic customer engagements, unlocks new business opportunities,
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Keysight Technologies, Inc. announced two executive leadership appointments that underscore the company’s legacy of developing strong leaders with a focus on innovation, talent development, and operational excellence. Ingrid Estrada, Senior Vice President, Chief People and Administrative Officer, has been named Senior Vice President of Corporate Infrastructure and Operations. In this role, she will lead Order Fulfillment, IT, Indirect Procurement, and Corporate Services. Jodi Juskie, Assistant General Counsel, has been appointed Senior Vice President and Chief People Officer, succeeding Ingrid Estrada in leading Keysight’s global talent strategy and human resources functions. Gooi Soon Chai, Senior Vice President of Order Fulfillment and Digital Operations is to retire after more than 40 years with the company. These changes follow the planned retirement of Gooi Soon Chai, who will remain engaged with the company for the next 6 months to ensure a smooth transition. Satish Dhanasekaran, Keysight’s President and Chief Executive Officer, said: “I’m thrilled to congratulate Ingrid and Jodi
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ModuleWorks, a global leader in toolpath generation, simulation and automation software, today announced a financial investment in Toolpath Labs, a company leveraging AI to optimize the machining business. The investment is part of a round of strategic investment in Toolpath Labs led by Kennametal Inc. and also joined by Leaders Fund. The investment from ModuleWorks builds on the technology partnership announced between ModuleWorks and Toolpath Labs in September 2024. The funding from this latest round is intended to further accelerate the development and deployment of powerful, AI-driven user-centric solutions for the manufacturing industry. The collaboration between ModuleWorks and Toolpath Labs aims to deliver automation, intelligent estimation and streamlined workflows to machine shop managers, estimators, planners and CNC programmers, enabling them to work more efficiently and make smarter decisions. “Deepening our partnership with Toolpath reflects our shared commitment to accelerating innovation in AI-driven manufacturing software,” said Dr. Yavuz Murtezaoglu, Founder and Managing Director
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Autodesk, Inc. announced its executives will be speaking at the following investor conference: June 4, 2025 Baird 2025 Global Consumer, Technology & Services Conference A live webcast and replay of the presentations will be available through Autodesk’s Investor Relations Website at investors.autodesk.com. Please go to the website 15 minutes early to register, download and install any necessary software. More information will be available on investors.autodesk.com. To view the original press release, please click here. Search for Autodesk on CIMdata.com
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From June 16 to 20, together with Sopra Steria, we will be present at the 55th International Paris Air Show (Le Bourget) to showcase our expertise in aerospace and defence. ???? Join us at Chalet 188 to discover how we support the aerospace industry in addressing rising operational and technological challenges. Our proven, business-oriented solutions are designed to help restore sovereignty over data, processes and critical systems. On display:  ???? Engineering  ???? Manufacturing & Supply Chain  ???? Customer Services  ???? Maintenance Information Systems  ???? Air Traffic Management  ???? Corporate Services  ???? Sustainability We aim to accelerate execution, improve coordination, and deliver autonomy at scale—aligned with Europe’s strategic imperatives. Come and meet our teams, explore our demos, and let’s shape the future of aeronautics together. To view the original press release, please click here. Search for CIMPA on CIMdata.com
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Autodesk, Inc. reported financial results for the first quarter of fiscal 2026, ended April 30, 2025. "Against an uncertain geopolitical, macroeconomic, and policy backdrop, our strong performance in the first quarter of fiscal 26 set us up well for the year," said Andrew Anagnost, Autodesk president and CEO. "We continue to make the right decisions to drive long-term shareholder value by focusing on our strategic priorities in cloud, platform, and AI; optimizing our sales and marketing to drive higher margins; and allocating more capital to share repurchases as our free cash flow grows." "Q1 was another strong quarter. We have not seen changes in overall business momentum when compared to recent quarters," said Janesh Moorjani, Autodesk CFO. "Our guidance for Q2 and the rest of the year now includes currency movements since February partly offset by additional caution in our growth assumptions to reflect greater macro economic uncertainty." First Quarter Fiscal 2026  (In millions,
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