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Items filtered by date: November 2024 - CIMdata
Key takeaways: Three transformational forces affect all industries—data (the what), cloud (the how), and engagement (the why) An important value of the Internet of Things is found in gaining insight that leads to action The Internet of Things generates a new scale of challenges—such as trusted devices and the need for security intelligence IT can no longer add value programmatically—the IT economy is being shaped by a cognitive era CIMdata recently attended IBM Analytics Day on April 9th, 2015 at the Museum of Natural History in New York City, where IBM issued its latest press release that continues their journey with their creation of the Internet of Things unit (previously announced on March 31st, 2015). The announcement in New York further refined the IBM commitment to the Internet of Things (IoT) with the announcement of related software, services and an ecosystem of partners and clients. The roughly 250 attendees at the half-day private event included
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Laserdyne’s new SmartPierce™ creates a clean pierce point that is the same diameter as the cut width. This eliminates splatter of molten material around the pierce location making for a consistent and smoother appearing entry point. Using Laserdyne’s exclusive SmartPierce feature, the diameter of the pierce point is smaller than a conventional pierce point when controlled by the system software ensuring that it is the same width as the cut. The SmartPierce capability is important in wide range of applications from thick to thin metal cutting. For example, in many medical devices, electronics and fine mechanics applications requiring small features and thin materials, features may be too small to allow for piercing the “drop-out” or scrap portion of the material. SmartPierce solves this problem. Additional application features such as slots can be produced in a single pass without moving around the outside profile of the feature. This minimizes time producing the feature. Other
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CGS, a global provider of business applications, enterprise learning and outsourcing services, announces that its flagship BlueCherry® Enterprise Suite will now incorporate the Leadtec® shop floor control and Threadvine® wholesale solutions. In response to the consumer lifestyle industry's trend toward the integration of business functions, an omnichannel business approach and a more seamless consumer experience, CGS has designed its BlueCherry portfolio around providing an end-to-end, comprehensive solution that can manage clients' complete concept-to-consumer processes. CGS has served the fashion, consumer lifestyle and sewn products industry with its flagship business solutions for more than 30 years, driving the fundamental business processes of global organizations such as Aerosoles, Delta Apparel, Tommy Bahama, Haggar and Paige Denim. To enhance the breadth of CGS's BlueCherry offerings and enable clients to better meet today's changing industry needs, CGS's Leadtec and Threadvine products are now incorporated into the BlueCherry Enterprise Suite under the new names BlueCherry Shop Floor
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MODIS, Russia’s fastest growing value fashion retailer with sales exceeding 13 billion Rubles and 138 stores, chooses Tukatech systems to drive innovation and efficiency. “2015 has been a challenging year with the Ruble losing nearly 50% of its value. In such challenging times Modis has decided to re-engineer its processes, roles, workflow and systems in order to combat inflation and improve customer service” comments Mike Mikkelborg, Commercial Director. “Tukatech’sTUKA3D virtual prototyping software, their consulting and implementation processes add value and benefits that will help Modis thrive through these challenging times. Our objective is to help our supply chain reduce their cost of samples, courier, development and provide consistent fit for our customers,” he added. “Modis makes high quality, yet affordable fashion clothing for women, men, teenagers and children. Their product range also includes shoes, accessories and cosmetics. This is possible because Modis creates its own collections without any middleman. Modis buyers and
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Faymonville, a manufacturer of trailers for special-purpose and heavy-duty trucking, relies on CIM DATABASE PLM to validate its product portfolio strategy. The company is therefore not only replacing its existing TDM system but also establishing new PLM apps like mBOM Manager, to provide optimal support for the product creation process from development through to production. Faymonville has been using CIM DATABASE PLM for an initial product series since the middle of 2014 and is now expanding rollout. Faymonville AG, which is headquartered in Luxembourg, exports approximately 40% of its trailers to countries outside Europe. In 2014, the corporate group introduced CIM DATABASE at four locations in order to strengthen its market position. The PLM system from CONTACT Software will replace the existing team data management solution and enable configure-to-order processes that will provide comprehensive support for Faymonville's strategic corporate objectives with regard to the new product platforms. CIM DATABASE PLM is already
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' PTC  today reported revenue for the second quarter of FY'15 of $314.1 million. Net income was$5.4 million or $0.05 per share, which compares to revenue of $328.7 million and net income of $43.8 million or $0.36 per share in the second quarter FY'14. Second quarter FY'15 non-GAAP revenue was $315.3 million. Non-GAAP net income was $61.4 million or $0.53 per share, which compares to non-GAAP net income of $57.7 million or $0.48 per share, in the second quarter FY'14. James Heppelmann, President and CEO said, "PTC had a solid second quarter. When adjusted for an increasing mix of subscription bookings and foreign currency depreciation, our analysis indicates software revenue would have increased 10% and non-GAAP earnings would have increased more than 20%. Although foreign currency and subscriptions bookings mix will continue to weigh on our reported results this year, we still expect to achieve 15% constant currency growth in non-GAAP earnings - as our workforce realignment positions us to deliver improving operating margin in the second half of FY'15. Focused portfolio
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ManTech International Corporation today announced financial results for the first quarter of fiscal year 2015, which ended March 31, 2015. "ManTech began the year with improved margin performance driven by strong direct labor delivery in support of critical missions," said ManTech Chairman and Chief Executive Officer George J. Pedersen. "We expect revenues to increase through acquisitions and new business awards with greater certainty around funding in our markets. Contract activity across the industry is starting to increase, and more high-quality companies are becoming available for acquisition. We are excited by the acquisition of Welkin Associates, Ltd., formerly a wholly-owned subsidiary of CSC, which provides high-end engineering services to the Intelligence Community and DoD, and we are actively looking at other promising acquisition candidates to accelerate ManTech's growth." Summary Operating Results Revenues for the quarter were $370.3 million, down from $411.4 million in the fourth quarter of 2014, primarily due to reduced subcontractor and
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Fujitsu said Thursday that its annual net profit jumped 24 percent, as a weak yen boosted its bottom line although it expects profits to decline this year. The sprawling Japanese information technology company posted a 140 billion yen ($1.2 billion) gain in the fiscal year to March, up from 113.2 billion yen a year earlier, while operating profit jumped 21.3 percent to 178.6 billion yen. A fall in the Japanese currency helps make exporters more competitive overseas and inflates the value of repatriated profits. But the company s full-year revenue came to 4.75 trillion yen, down 0.2 percent, as it took a hit in its home market, particularly in smartphones and personal computers, as a sales tax rise in Japan last year hammered consumer spending. For the year to March 2016, Fujitsu forecasted a weaker net profit of 100 billion yen on sales of 4.85 trillion yen. To view the original press release, please click here. Search for Fujitsu on CIMdata.com
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ZWSOFT drew a satisfactory conclusion to the conference part of its 2015 Global Partner Conference (GPC) in applauses and cheers, where ZWSOFT's company strategy, Expert Perspectives on CAD industry and future product and business strategies of ZWCAD and ZW3D were shared. In the Free Talk session, ZWSOFT partners further discussed to reach agreement upon the future roadmap of product and business, and the unforgettable night ended with ZWSOFT's big party. Every year's Free Talk aims to provide partners a free talking space for product and business. This year is not exceptional and even more practical. For ZWCAD, to cope with challenges of industry giants in the CAD Software, its marketing strategy, policy upgrades and local marketing tactics are fully discussed in a bid to bring up a more prosperous future.  Thriving on the user base of ZWCAD, the mechanical, architecture and mobile CAD app have further been proved by some partners' sales
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Hundreds of engineers and researchers will examine new techniques for simulating vehicle design with composites and optimizing designs for additive manufacturing, lightweight vehicles and aircraft as they participate in the 2015 Americas Altair Technology Conference (ATC) in Dearborn, Mich., May 5-7. ATC is the foremost annual event for engineering professionals and top-level industry leaders in the arenas of product design, advanced manufacturing, applied physics and high-performance computing. Complimentary online registration is available to Altair’s design and engineering community of clients and partners atwww.altairatc.com/registernow.  A wide-ranging series of key research papers will be presented at the conference, each of which responds to emerging trends and capabilities in manufacturing and computer simulation. Among the many excellent presentations are: Structural Component Design Optimization for Additive Manufacture: Professor in Practice, University of Texas at Arlington, Consulting Engineer, Optimal Structures, LLC, Robert M. Taylor of Optimal Structures will demonstrate how additive manufacturing removes many of the constraints on product design,
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