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Items filtered by date: November 2024 - CIMdata
Stratasys Ltd., a leader in polymer 3D printing solutions, announced its financial results for the first quarter ended March 31, 2025. Dr. Yoav Zeif, Stratasys’ Chief Executive Officer, stated, “We delivered another quarter of net profitability on an adjusted basis and positive cash from operating activities. It's particularly encouraging to see 7% sequential growth in our recurring revenue Consumables, demonstrating continued solid utilization of existing systems by our customers. Our ongoing strategic efforts to streamline the business are proving successful, and we are positioned to deliver improved profitability, while maintaining our ability to scale when capital spending recovers.” Dr. Zeif continued, “With the recent close of the $120 million Fortissimo investment we further strengthened our balance sheet, which will support our ability to invest in profitable growth, both organically and through attractive opportunities. We continue to strengthen our position in additive manufacturing by expanding our portfolio of best-in-class technology, materials, and software.
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Synopsys, Inc. announced it will report results for the second quarter fiscal year 2025 on Wednesday, May 28, 2025, after market close. The company will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to review its financial results and business outlook. Financial and other statistical information to be discussed on this conference call will be available on the corporate website at www.investor.synopsys.com immediately before the call. A live webcast will also be available on this site. Participants should access the live webcast at least 10 minutes prior to the start of the call. A webcast replay will be available beginning May 28, 2025, at approximately 5:00 p.m. PT. The replay will be available until Synopsys announces its third quarter fiscal year 2025 results. To view the original press release, please click here. Search for Synopsys on CIMdata.com
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Cadence announced the Cadence® Tensilica® NeuroEdge 130 AI Co-Processor (AICP), a new class of processor designed to complement any neural processing unit (NPU) and enable end-to-end execution of the latest agentic and physical AI networks on advanced automotive, consumer, industrial and mobile SoCs. Based on the proven architecture of the highly successful Tensilica Vision DSP family, the NeuroEdge 130 AICP delivers more than 30% area savings and over 20% savings in dynamic power and energy without impacting performance. It also leverages the same software, AI compilers, libraries and frameworks to deliver faster time to market. Multiple customer engagements are currently underway, and customer interest is strong. “With the rapid proliferation of AI processing in physical AI applications such as autonomous vehicles, robotics, drones, industrial automation and healthcare, NPUs are assuming a more critical role,” said Karl Freund, founder and principal analyst of Cambrian AI Research. “Today, NPUs handle the bulk of the computationally
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At its annual flagship user event, CadenceLIVE Silicon Valley 2025, Cadence announced a major expansion of its Cadence® Millennium™ Enterprise Platform with the introduction of the new Millennium M2000 Supercomputer featuring NVIDIA Blackwell systems, which delivers AI-accelerated simulation at unprecedented speed and scale across engineering and drug design workloads. The new supercomputer integrates Cadence’s industry-leading solvers with NVIDIA HGX B200 systems, NVIDIA RTX PRO 6000 Blackwell Server Edition GPUs and NVIDIA CUDA-X libraries and solver software. This powerful combination delivers dramatic reductions in simulation run times and up to 80X higher performance versus CPU-based systems for electronic design automation (EDA), system design and analysis (SDA), and drug discovery applications. The supercomputer provides a tightly co-optimized hardware-software stack that enables breakthrough performance with up to 20X lower power across multiple disciplines, accelerating the build-out of AI infrastructure, advancing physical AI machine design and pushing the frontiers of drug design. “The Millennium M2000 Supercomputer will drive the next leap in AI-accelerated engineering by leveraging our
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DXC Technology, a leading Fortune 500 global technology services provider, announced that its suite of DXC Assure SaaS insurance solutions is now available in AWS Marketplace, a digital catalog that helps you find, buy, deploy, and manage software, data products, and professional services from thousands of vendors. The availability of DXC Assure SaaS insurance solutions in AWS Marketplace streamlines the purchase and management of DXC solutions for AWS customers. "Making our insurance solutions available in AWS Marketplace demonstrates our commitment to meeting our customers wherever they are on their digital transformation journeys and delivering business value at every step along the way," said Ray August, President, Insurance Software & Business Process Services (ISB) for DXC. "By leveraging AWS, DXC continues to help insurers drive operational efficiencies, enhance security, and improve customers' experiences."  The initial solutions now available in AWS Marketplace include the DXC Assure Platform, DXC Assure BPM (powered by ServiceNow), DXC
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Eptura, the global worktech leader, announced that it has achieved authorization through the U.S. Federal Risk and Authorization Management Program (FedRAMP) for its Integrated Workplace Management System (IWMS) Archibus. With Archibus now available on the FedRAMP Marketplace, Eptura is expanding government agencies’ access to industry-leading facility and asset management tools to maximize their infrastructure investments. FedRAMP is a government-wide program that aims to increase cloud adoption in the public sector by standardizing the approach to security and risk assessment. “Government agencies today are under public scrutiny to maintain transparency and accountability in how they manage taxpayer-funded assets and buildings,” stated Eptura CEO Brandon Holden. “Eptura’s FedRAMP authorization will create new opportunities for government agencies to evaluate office utilization and right-size their real estate, strengthen their maintenance and repair programs, and track the performance of their buildings and assets.” Eptura has undergone extensive assessments to demonstrate compliance with rigorous federal cybersecurity regulations, which are currentlyunder review by the Office of Management and Budget for potentialsimplification. Eptura is committed to meeting the highest security standards and delivering in-demand capabilities to local, state, and federal agencies, including: Clear visibility into space and asset
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Fieldwire by Hilti, an industry-leading construction management software solution, and BoxLock, the leading Intelligent Access Control Platform, announced an innovative first-to-market integration that provides real-time Lockout/Tagout (LOTO) status directly onto electrical single-line drawings.   The new integration, officially being launched in tandem with the industry’s annual Construction Safety Week, allows Fieldwire users to assign LOTO tasks directly to single-line electrical diagrams. Each task is seamlessly synchronized with corresponding LOTO locations managed by BoxLock Control, BoxLock's comprehensive access control software. Updates made in the field via BoxLock's intelligent padlocks or LOTO tags automatically reflect in Fieldwire, giving project teams immediate visibility into the current safety status of electrical systems on their one line drawings and plans. Robust lockout/tagout procedures are critical to workplace safety, where, according to OSHA, they help avoid approximately 50,000 injuries and 120 fatalities each year. Electrical incidents are 30 times more likely to be fatal general workplace injuries. Despite being the
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Keysight Technologies, Inc. announced the launch of System Designer for USB, its latest solution for high-speed digital USB (Universal Serial Bus) design tailored to personal computers, mobile devices, and edge AI applications. Built as a smart design environment, System Designer for USB enables comprehensive modeling and simulating of systems adhering to the latest USB4® standard. This advanced, system-level approach enables system-level validation, streamlining the path to product release. As personal computers and mobile devices continue to demand increasing volumes of data, ensuring reliable communication between USB interfaces is essential for efficient large data transfers. The industry is responding to this challenge through the introduction of the USB4® specification, offering speeds of up to 120Gbps and utilizing three-level pulse-amplitude modulation (PAM3) signal modulation, all within the same USB-C® connector. By adopting these advanced standards and verifying USB4® interfaces for compliance, designers can effectively minimize costs and reduce the risks associated with design re-spins. Key
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MasterControl, a leading provider of cloud-based quality management, manufacturing execution, and asset management software, announced it has received Federal Risk and Authorization Management Program (FedRAMP) Moderate authorization for its Quality Excellence Gov (Qx Gov) solution, making it the first industry-leading Quality Management System (QMS) to achieve this rigorous security standard.  The FedRAMP authorization enables federal agencies and contractors to confidently adopt MasterControl's cloud-based QMS, leveraging the company's 30 years of innovation and experience in quality management. MasterControl Qx Gov delivers comprehensive quality management capabilities within a secure cloud environment that meets federal cybersecurity standards. MasterControl worked closely with the National Institute of Allergy and Infectious Diseases, a part of the National Institutes of Health, as its sponsoring agency and Deloitte as its Third-Party Assessment Organization.  "Achieving FedRAMP authorization is a powerful validation of our commitment to security, trust, and operational excellence in quality management," said Jon Beckstrand, CEO of MasterControl. "This milestone not
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Intelliwave Technologies – A Procore Company is proud to announce a new integration between its SiteSense® Mobile Materials Management solution and CAXperts UniversalPlantViewer—a powerful visualization platform designed to simplify access to engineering, procurement, and construction (EPC) data throughout a project’s lifecycle. With this new integration, SiteSense users can now seamlessly visualize, locate, and manage materials, equipment, and assets directly within UniversalPlantViewer’s intuitive 3D environment. By connecting field-based material transactions and inventory data with plant models, construction teams gain real-time visibility into the status and location of critical materials—both on and off the jobsite. “We’re excited to integrate UniversalPlantViewer with SiteSense to bring real-time materials data directly into the model environment. This connection allows users to visualize construction progress with greater accuracy and make more informed, data-driven decisions based on actual field conditions,” said Peter Schlegel, Managing Director, CAXperts GmbH. Dale Beard, President and Co-Founder of SiteSense by Intelliwave, added, “Construction projects are dynamic, and having clear, visual access to materials and asset locations directly within
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