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Items filtered by date: November 2024 - CIMdata
Tecsys Inc., a global leader in supply chain management solutions, announced that Carolina Cat, a leading provider of construction and power generation equipment, has selected Tecsys’ Omni™ Warehouse Management System (WMS) to optimize their distribution operations. The strategic decision to adopt Tecsys' Omni™ WMS will support Carolina Cat’s growth ambitions and enhance their ability to deliver exceptional service across their network.  Established as a prominent player in the construction and power generation equipment industries, Carolina Cat is committed to operational excellence and efficiency. The adoption of Tecsys’ Omni™ WMS highlights their dedication to using cutting-edge technology to meet evolving business demands and improve their supply chain performance. As a long-time software vendor in the heavy equipment industry, Tecsys is uniquely positioned to meet Carolina Cat’s evolving distribution needs. “Carolina Cat is focused on driving operational improvements and delivering superior customer service,” said Bill Belus, vice president, Supply Chain. “The choice of Tecsys’ Omni™
Published in Newsletter Articles
Centric Software® is pleased to announce that Mizuno Corporation, the global leader in sporting goods fashion, has successfully implemented Centric PLM™ to streamline product development and boost global collaboration. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, price and sell products such as apparel, footwear, sporting goods, furniture, home décor, consumer electronics, cosmetics, food & beverage and luxury to achieve strategic and operational digital transformation goals. Founded in Osaka in 1906, Mizuno is a global company specializing in sports equipment, apparel and footwear. By combining cutting-edge technology with traditional craftsmanship, Mizuno delivers high-quality products for athletes at every level. In 2022, Mizuno opened an innovation center in Osaka to strengthen its R&D capabilities and accelerate social innovation through sports. Mizuno operates headquarters and flagship stores in Osaka and Tokyo, with products available via e-commerce, retail stores, corporate sales and professional and amateur sports teams. Mizuno is driving a
Published in Newsletter Articles
Wipro Limited, a leading technology services and consulting company, announced its selection by Vorwerk, the number one direct sales company in Europe and the world-leading direct seller of high-quality household appliances, to manage and transform the company’s IT landscape. In the five-year engagement, Wipro will future-proof Vorwerk’s IT infrastructure, by harnessing its AI-powered infrastructure operations solution focused on enabling enterprise transformations of this scale. The program will include the consolidation of all business applications, infrastructure, and cyber security tracks onto a unified monitoring platform to provide better visibility into Vorwerk’s technology ecosystem, leading to a significant increase in operational efficiency and robust cyber-risk management. Wipro will also engage with Vorwerk’s technology partners to enrich their customer engagement approach, standardize their product portfolio, and develop a technology roadmap with intelligent products for faster time to market. Additionally, the Wipro team will build an end-to-end support portal that will rapidly and seamlessly enhance end-user
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Nano Dimension Ltd. (“Nano Dimension” or the “Company”), a leader in Digital Manufacturing solutions, announced the completion of its acquisition of Markforged Holding Corporation ("Markforged"), proving the Company a strong foothold in metal and composite manufacturing solutions and a leap forward in AI-enhanced manufacturing. The transaction, valued at $116 million or $5.00 per share, was finalized following necessary regulatory approvals and satisfaction of customary closing conditions. Mr. Ofir Baharav, Chief Executive Officer of Nano Dimension, commented: “Nano Dimension remains firmly committed to its vision: building a preeminent digital manufacturing leader. Completing the Markforged acquisition is a major milestone in fulfilling that vision. With proven metal and composite solutions that tightly integrate hardware, cloud-based AI-enhanced software, and materials science, Markforged has played a critical role in manufacturing on factory floors worldwide. Its install base of over 15,000 systems across leading industrial customers can serve as a strong platform for expanding Nano Dimension’s
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Autodesk, Inc. announced that it will appoint Jeff Epstein and Christie Simons to its Board of Directors (the "Board") in connection with a cooperation agreement with Starboard Value LP ("Starboard"). Epstein and Simons will serve as non-voting observers on the Board until Autodesk’s 2025 Annual Meeting of Stockholders on June 18, 2025 (the "Annual Meeting"), at which point they will become full voting members upon their appointment to the Board. Following the Annual Meeting, the Autodesk Board will be comprised of 12 directors, 11 of whom are independent. "Jeff and Christie are both exceptional leaders who bring a wealth of technology, finance and audit expertise," said Stacy J. Smith, Chairman of the Autodesk Board of Directors. "Jeff’s proven leadership and oversight of financial operations and extensive public board service, coupled with Christie’s deep experience advising global technology companies, will further strengthen the skillset of our Board. Their insights will be valuable
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DXC Technology, a leading Fortune 500 global technology services provider, announced the appointment of William Pieroni as Global Strategy and Growth Leader for Insurance Software & Business Process Services (BPS). In this role, he will focus on driving strategy, accelerating growth and delivering long-term industry impact. "Bill is a proven strategist and respected leader with deep domain expertise and a global perspective. He is a trusted partner, recognized for his strong understanding of client challenges and his collaborative approach to developing tailored solutions," said Ray August, EVP and President, Insurance Software and Business Process Services, DXC. "His appointment reflects our commitment to industry leadership, intelligent growth and long-term value creation. I'm excited to partner with him as we continue to enhance the value we deliver to thousands of customers worldwide."  Pieroni brings more than 25 years of experience leading global organizations at the intersection of insurance, technology, and enterprise transformation. Most recently,
Published in Newsletter Articles
GstarCAD, a leading CAD software solution, has recently achieved the highest grade of GS (Good Software) Certification, a nationally recognized standard for software excellence in South Korea. This certification underscores GstarCAD’s technical superiority, reliability, and user-centric design, further solidifying its position as a trusted CAD solution in the South Korean market and beyond. The GS Certification, administered by the Korea Testing Laboratory (KTL) under the Ministry of Trade, Industry, and Energy, is a rigorous evaluation based on international standards (ISO/IEC 25023, 25051, and 25041), assessing software quality across functionality, usability, reliability, and performance efficiency. GstarCAD’s certification demonstrates its ability to meet the highest industry benchmarks, providing professionals with a stable, efficient, and cost-effective alternative to traditional CAD tools. Local Strength, Global Impact With a vast global user base, GstarCAD continues to gain traction for its: Full DWG compatibility, ensuring seamless integration with existing workflows; Intuitive interface and high-performance 2D/3D drafting tools; Affordability without compromising on advanced features. “This GS Certification validates GstarCAD
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SmartPM Technologies, the leader in automated project controls and schedule analytics, announced that construction technology leader Jim Lynch has joined its Board of Directors. Lynch recently capped off a distinguished 28-year career at Autodesk, serving as Senior Vice President and General Manager of Autodesk Construction Solutions. His decision to join SmartPM marks a new chapter in his long-standing mission to drive digital transformation across the built world — and serves as a powerful signal of SmartPM’s rising influence in the construction tech space. “Of all the companies I’ve seen in this space, SmartPM stood out,” said Lynch. “They’ve taken something historically complex — schedule data — and made it intuitive, actionable, and impactful. This is exactly the kind of value creation that drives adoption, and I’m excited to help guide their growth.” At Autodesk, Lynch played a central role in shaping the company's AEC strategy, from establishing BIM as an industry standard, to launching and scaling
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Stable results and cost adjustments» The first quarter of 2025 was a stable quarter in a challenging environment. The German market has, however, continued to develop weakly. Looking ahead, there is good demand for the business-critical digital solutions that we provide, and cost adjustments will improve profitability. «Johan Andersson President and CEO Summary of the first quarter, January–March 2025 Gross profit increased by 2 percent to SEK 1,122 m (1,101), and the gross margin was 76.8 percent (45.7). Net sales decreased, as anticipated, by 39 percent to SEK 1,461 m (2,409). Under the previous Autodesk reseller model, and before reclassifications of third-party agreements, net sales would have amounted to SEK 2,507 m and the Group’s currency-adjusted organic growth would have been approximately 3 percent. Organic reported currencyadjusted net sales decreased by -41 percent. Restructuring costs had an impact of SEK 24 m (0) on earnings. EBITA amounted to SEK 217 m (253), and the EBITA margin
Published in Newsletter Articles
In the first quarter of 2025, Bechtle AG continued to face the impact of challenging economic conditions. As expected by Bechtle, preliminary figures show a significant year-on-year decline in first-quarter earnings before taxes, a result that nevertheless falls short of market expectations. Business volume was approximately €1,960 m, roughly on par with the previous year, though slightly down on an organic basis. Revenue declined by around 3% to approximately €1,460 m. EBT amounted to around €55 m, compared to €82.0 m in the same quarter of the previous year. The year-on-year earnings decline is mainly attributable to increased personnel costs, driven in part by acquisitions made in 2024, and in part by a marked rise in non-wage labour costs. However, compared to Q4 2024, cost increases have slowed significantly. Earnings were also adversely affected by lower bonus payments from manufacturing partners in the first quarter 2025. Furthermore, last year’s figure was positively influenced
Published in Newsletter Articles
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