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Items filtered by date: November 2024 - CIMdata
The Nemetschek Group, a leading global provider of software solutions for the AEC/O (Architecture, Engineering, Construction & Operations) and media industries, announced the launch of its operations in the Kingdom of Saudi Arabia. This strategic move underscores the company’s commitment to supporting the region’s rapid growth, digital transformation, and sustainability ambitions as part of Saudi Arabia’s Vision 2030 The expansion brings Nemetschek’s portfolio of industry-leading brands – including Allplan, Bluebeam, Graphisoft, Maxon, Solibri, Spacewell, and Vectorworks – closer to one of the world’s most dynamic construction markets. The Saudi construction sector is experiencing unprecedented growth, with over $1 trillion in mega-projects underway and a strong push for digitalization and sustainable building practices. The Nemetschek Group’s solutions will empower local architects, engineers, builders, and creative professionals to deliver projects more efficiently and sustainably through advanced BIM, AI, and digital twin technologies. Muayad Simbawa has been appointed Managing Director for Nemetschek's operations in Saudi Arabia
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PROS Holdings, Inc., a leading provider of AI-powered SaaS pricing and selling solutions, announced the winners of its second annual 2025 Customer Outperformer Awards. The awards celebrate customers that exemplify innovation, transformative growth and exceptional customer experiences through the strategic use of the PROS Platform and AI capabilities. Representing industries including airline, distribution, manufacturing and services, this year’s winners reflect the versatility and wide-reaching impact of the platform. “Our Outperformer Award winners reflect the power of combining technology, vision and partnership to fuel industry-leading progress,” said Todd McNabb, Chief Revenue Officer, PROS. “In a time when businesses must adapt faster than ever, these companies are not just keeping pace, they’re setting the standard— through bold, data-driven strategies and meaningful collaboration.” In its second year, the 2025 Customer Outperformer Awards saw a substantial increase in the quantity of submissions, with applications doubling from 2024. This surge in participation highlights the growing recognition of PROS
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Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, announced its partnership with the Ministry of Electronics & Information Technology (MeitY), Government of India, to support local startups and academic institutions in the field of VLSI and embedded semiconductor systems. Renesas also celebrated the expansion of its offices in Bengaluru and Noida to accommodateits growing R&D teams, with the inauguration ceremonies held today. This strategic move underscores Renesas’ commitment to innovation and excellence in India and aims to drive continued growth in the region. Renesas and the Centre for Development of Advanced Computing (C-DAC), an autonomous scientific society of MeitY, today signed and exchanged two Memoranda of Understanding (MOUs) under the MeitY Chips to Startup (C2S) programme (Note). These MOUs focus on 1) Supporting local startups by enabling them to drive technological advancement andpromote local manufacturing in alignment with the Make in India initiative; and 2) Enhancing industry-academia collaboration by fostering an innovative, product-focused mindset among students. Shri Ashwini Vaishnaw, Minister for Railways, Information & Broadcasting, and Electronics &
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Learn how Cooper Standard modernized its CAE workflows—automating simulation post-processing, streamlining results reviews, and aligning with OEM digital testing requirements—to stay ahead in a virtual-first automotive landscape. May 29, 2025 11:00 AM (Eastern US) REGISTER Overview As automotive OEMs accelerate the shift to virtual-first development, suppliers are under growing pressure to replace physical testing with simulation—many times requiring 3–5x more digital test results from simulation teams to satisfy these new demands, often without increasing Analyst headcount or resources. In this new landscape, robust virtualization and automation of simulation processes are no longer optional—they’re a competitive necessity. Join us for a behind-the-scenes look at how Cooper Standard responded to this industry transformation by adopting VCollab’s Rapid Results Review (RRR) solution. Discover how they automated critical CAE workflows, including post-processing and results reviews, to make faster, more informed engineering decisions while aligning with OEM expectations. In this session, you’ll learn: The growing industry pressure to reduce or eliminate physical testing
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Trimble® has opened registration for its annual Trimble Insight Tech Conference running November 16-18, 2025 at the Ernest N. Morial Convention Center in New Orleans: https://transportation.trimble.com/about/insight. Trimble Insight is back for its eighth year as a three-day festival-style event. Bringing together over 1,500 experts, carriers, shippers, logistics providers and leading tech innovators at the forefront of the transportation industry, the conference offers an unparalleled experience for education, innovation and collaboration. With over 200 educational sessions designed to help customers optimize their use of Trimble solutions and services, attendees will hear from industry experts on the latest in transportation, including AI-powered logistics, market challenges and opportunities, the evolution of operational management and more. With a greater focus on shippers, attendees will gain access to shipper-centric thought leaders and opportunities to learn how to win the market. Sessions will cover topics critical to shippers including procurement, freight audit, dock and yard management, and real-time
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Bandit Running, a rapidly growing, community-driven running apparel brand based in Brooklyn, NY, has selected Centric PLM™ as its product lifecycle management (PLM) solution to streamline operations and support its continued growth. The decision marks a critical step in Bandit Running’s growth strategy as they transition from their legacy PLM system to elevate their design and product development processes. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such as fashion, outdoor, luxury, footwear, home and related goods like cosmetics & personal care as well as multi-category retail to achieve strategic and operational digital transformation goals. Bandit Running, founded in 2020 by members of the NYC running community, prides itself on creating innovative apparel while maintaining inclusivity for runners of all paces and experiences. With a vision to be the world’s most authentic, community-driven running brand, Bandit Running recognized
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ABB has been selected by integrated global energy company Eni as the main automation contractor for HyNet, one of the UK’s first industrial decarbonization clusters that forms part of the Government’s Track-1 carbon capture and storage (CCS) commitment. ABB’s Ability™ System 800xA® Integrated Control and Safety System (ICSS) will be deployed to manage the automation, telecoms and cyber security project scope for the transportation and storage of the captured carbon dioxide (CO2) emitted by heavy industrial plants in the North West of England and North Wales, to four depleted gas fields in the Irish Sea off the coast of Liverpool. The project aims to reduce CO2 emissions by 10 million tons a year by 2030, the equivalent of taking four million cars off the road and a quarter of the carbon dioxide currently emitted across the region. “CCS has an important role to play within the current energy transition but navigating the complexities of operating an
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Fleet predictive maintenance software leader, Uptake Technologies, and Long Beverage, the North Carolina beverage wholesaler, have partnered to optimize the safety and reliability of Long Beverage’s fleet. The Raleigh-based organization selected Uptake Fleet to pair with other forward-looking technology employed by Long Beverage; the use of which has become a calling card of the company’s growth and success, which stretches back to 1947. ” Uptake has transformed uncertainty into insight—keeping vehicles running, downtime minimal, and decisions proactive rather than reactive. The reduction in road calls have dropped drastically” – Zach Barnhardt, Fleet Manager of Long Beverage During a two month pilot, Long Beverage conducted extensive tests of Uptake Fleet’s ability to improve vehicle reliability and help enable drivers, managers, and operations teams to increase vehicle utilization and uptime while lowering the risk of costly repairs and replacements. Uptake fits neatly into a technological ecosystem at Long Beverage that also includes Geotab and its Reseller Blue Arrow Telematics, whose partnerships
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DXC Technology reported results for the fourth quarter and full year fiscal 2025. “Our fourth quarter results represent continued progress toward our goal of achieving sustained, profitable revenue growth,” said DXC Technology President and CEO, Raul Fernandez. “For the second consecutive quarter, we reported bookings growth of more than 20% and book to bill ratios of greater than 1. While the macro backdrop remains uncertain, we're staying focused on our priorities, delivering our deep and broad capabilities to our customers, driving performance with a newly energized and engaged employee base, and continuing to build a culture of accountability, collaboration, and urgency.” Financial Highlights - Fourth Quarter Fiscal Year 2025 Total revenue was $3.17 billion, down 6.4% year-over-year (down 4.2% on an organic basis)(1). EBIT was $350 million, with a corresponding margin of 11.0% compared to ($289) million in the prior year quarter. Adjusted EBIT(2)was $230 million, down 19.0% year-over-year, with a corresponding margin(2)of 7.3%. Diluted
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Siemens continued its successful growth trajectory also in Q2 2025 (ended March 31, 2025), with considerable increases in nearly all key performance indicators. Against this backdrop of positive business development, the company confirms its outlook for fiscal 2025 despite increased uncertainty in the economic environment. “We’ve achieved another successful quarter, with orders, revenue and net income all showing clear growth. Our customers continue to rely on our technology, and our global footprint demonstrates our resilience,” said Roland Busch, President and CEO of Siemens AG. “With our ONE Tech Company program, we’re making bold moves to scale our technologies. The acquisition of Altair and the planned acquisition of Dotmatics will bring new AI offerings to our customers and open up new opportunities in growth markets such as life sciences.” “By focusing on rigorous execution, we again successfully converted clear revenue growth into strong profit and solid free cash flow. We completed the acquisition of Altair successfully and very quickly
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