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Items filtered by date: November 2024 - CIMdata
PTC announced two new offerings from its cloud-native Onshape® computer-aided design (CAD) and product data management (PDM) platform: Onshape AI Advisor, an intelligent, generative AI-powered assistant that enables the enhancement of design productivity and expertise, and Onshape Government, a specialized solution designed to meet the International Traffic in Arms Regulations (ITAR) and Export Administration Regulations (EAR) regulatory and compliance needs of U.S. government agencies and defense contractors. These offerings empower designers and engineers to work more efficiently, collaborate in real time, and deliver high-quality products to the market faster. Onshape AI Advisor helps users accelerate their design process with expert, AI-powered guidance on CAD workflows, PDM best practices, and platform capabilities. Developed on Amazon Bedrock, Onshape AI Advisor helps teams transition from legacy CAD, optimize designs, and improve efficiency. For more on Onshape AI Advisor, please visit: AI for CAD: Boost Productivity and Innovation. Onshape Government is a purpose-built version of Onshape, designed specifically
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Bentley Systems, Incorporated, the infrastructure engineering software company, announced new asset analytics capabilities that leverage Imagery Insights from Google Maps Platform to rapidly detect and analyze roadway conditions. Unveiled at Google Cloud Next 2025, the new capabilities in Bentley’s Blyncsy product offering, which applies AI to crowdsourced imagery for automated roadway asset detection and inspection, will help infrastructure professionals improve roadway maintenance and support disaster recovery. Bentley and Google announced a strategic partnership in October 2024 to integrate Google’s high-quality geospatial content with Bentley’s infrastructure engineering software to improve the way infrastructure is designed, built, and operated. The unique Imagery Insights combination of Google Street View, Vertex AI, and Blyncsy will enhance the ability of departments of transportation, and the engineering firms and consultants supporting them, to identify areas of concern and analyze changes in the condition of roadway and transportation assets over time. The addition of Google Street View’s global panoramic imagery allows Bentley to provide highly detailed analysis of assets
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The Digital Twin Consortium® (DTC) announced NTT Data’s Technology Showcase titled Digital Twin-Enabled Microfactory for Smart Manufacturing. The showcase demonstrates the capabilities and benefits of composable digital twins in asset-intensive industries, including manufacturing, mining, oil and gas, and utilities. It also demonstrates how digital twins can improve operational efficiency, predictive maintenance, and automation in production lines. “NTT Data’s digital microfactory is a global innovation initiative aimed at developing long-term technology strategies, enhancing R&D efforts, and fostering collaboration within an innovation ecosystem,” said Dan Isaacs, GM & CTO of the DTC. “The composable architecture of the Digital Twin-Enabled Microfactory for Smart Manufacturing allows adaptation to different industrial use cases based on DTC’s Capabilities Periodic Table (CPT).” “Through this technology showcase, NTT Data aims to bring our manufacturing knowledge into a portable, modular, and comprehensive asset that will allow us to provide and test applicable technologies from the perspective of digital twins,” said Carlos Toro, Ph.D , Head of
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Hewlett Packard Enterprise named Stacy Dillow as executive vice president and chief people officer (CPO), effective May 1, 2025, reporting to chief executive officer Antonio Neri. Dillow joins HPE from Fluor Corporation, a leading global engineering, procurement and construction company, where she served as executive vice president and Chief Human Resources Officer for more than five years. During her nearly 30 years of experience working across North America, Europe, and Asia, Dillow has developed expertise in leading transformations. At Fluor, Dillow was responsible for strategically aligning the HR function to drive business success; fostering a purpose-driven culture; and modernizing the company’s brand.  “Our business outcomes are fueled by engaged, high-performing team members who are focused on innovating to solve customer challenges,” said Antonio Neri, president and CEO of Hewlett Packard Enterprise. “Stacy is a strategic leader with a people-first mindset, a unique global perspective, and deep expertise in transformation. Combined with her dedication
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iBase-t, the global leader in cloud software for the Aerospace and Defense industry, is proud to announce the winners of the 2025 Customer Brilliance Awards. These awards celebrate iBase-t customers’ innovation, leadership, and dedication to advancing digital manufacturing, quality, and sustainment using the Solumina Manufacturing Operations Platform. “These award winners exemplify the brilliance that drives digital transformation across the aerospace and defense ecosystem,” said Naveen Poonian, CEO of iBase-t. “We are honored to be part of their journeys and excited about what we’ll achieve together next.” Customer of the Year – Northrop GrummanNorthrop Grumman, a $40B global leader in space and defense, has been a Solumina user for over 25 years, with more than 10,000 users across its Space Systems and Defense Systems sectors. This year, Northrop Grumman is recognized for its bold modernization initiative—shifting from customizations to out-of-the-box configurations and eliminating technical debt. Their unwavering commitment to Solumina implementation best practices
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Sandvik has appointed Johanna Kreft as Executive Vice President and General Counsel, effective October 13, 2025. Johanna Kreft, who currently holds the equivalent position at Alleima, will also be a member of the Sandvik Group Executive Management. “Johanna Kreft brings proven leadership skills, experience from developing a legal organization in a listed company, and extensive knowledge of Sandvik. I am confident that she is a great fit for the role and will be a strong addition to the Group Executive Management,” says Stefan Widing, President and CEO of Sandvik. Johanna Kreft, born in 1976, has a long background from within Sandvik spanning over 15 years. Before the spinoff of Sandvik Materials Technology (SMT) as Alleima from Sandvik in 2022, she was Business Area General Counsel for SMT. Her previous roles also include Chief Legal Counsel for SMT as well as Legal Counsel for Sandvik AB. She replaces Åsa Thunman, who as previously
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SAP SE will release its results for the first quarter of 2025 on Tuesday, April 22. SAP CEO Christian Klein and SAP CFO Dominik Asam will host a virtual financial analyst call to review first quarter results. Media representatives may may listen in on the virtual analyst conference via Webcast on April 22 at 11:00 p.m. CEST / 5:00 p.m. ET. To view the original press release, please click here. Search for SAP on CIMdata.com
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ZWSOFT, a trusted provider of all-in-one CAx solutions, marked a significant presence at Hannover Messe 2025, the world's most important industrial trade fair, showcasing its latest integrated CAD/CAE/CAM solutions and connecting with industry professionals from around the world. Integrated CAx Solutions Empowering Sustainable Innovation At this year's event, ZWSOFT showcased the latest innovations in its CAD/CAE/CAM solutions, demonstrating how they facilitate digital transformation and empower sustainable innovation across various industries. Leveraging core technologies such as the Overdrive geometric kernel, ZGS constraint engine, and IPX data conversion engine, ZWSOFT has developed an all-in-one product matrix. Integrated solutions like "ZWCAD+ZW3D" and "ZW3D CAD+CAM" help businesses bridge data gaps, reduce manual work, and ensure high precision. This integrated approach enables a parallel development process that streamlines design to manufacturing. ZWSOFT also highlighted its advanced CAE capabilities with showcase of particle dynamics simulation software, ZWSim DEM, and Computational Fluid Dynamics software, PHOENICS. These technologies provide real-time simulation and
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Following a good start to the year, Hexagon has recorded a weaker than expected financial performance in March, which is the most significant month in the quarter for revenues. Growth in the key NAFTA and China markets declined in the last two weeks of March, with economic uncertainty impacting deliveries. Recurring revenues grew strongly during the quarter, but this was more than offset by weakness in sensor sales. The decline in sensor volumes in March, coupled with a 6 MEUR drag from currency transaction effects, had a negative short-term impact on EBIT1 margins. Preliminary reporting indicates revenue of approximately 1,322.8 MEUR in Q1 2025 (Q1 2024: 1,299.9 MEUR), corresponding to organic growth of 0% (Q1 2024: 3%) for the group. Reported growth will be around 2%, with both currency and structure contributing 1% each. EBIT1 (operating earnings excluding adjustments) for the group is expected to be approximately 345 MEUR (Q1 2024:
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Addnode Group is pleased to invite investors, analysts, and media to a presentation where President and CEO Johan Andersson and CFO Kristina Elfström Mackintosh will present the Interim Report January – March 2025. After the presentation, there will be an opportunity to ask questions. Date: Friday April 25, 2025 Time: 09:30 AM CET Access to audiocast and teleconference with the ability to ask questions verbally: https://www.addnodegroup.com/report/q1-2025/ The presentation will be held in English. The interim report will be published at 07:30 AM CET the same day. The full report, presentation, and links to the audiocast and teleconference will be available on www.addnodegroup.com To view the original press release, please click here. Search for Addnode on CIMdata.com
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