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Items filtered by date: November 2024 - CIMdata
Schneider Electric, the leader in the digital transformation of energy management and automation, announced that it is planning to invest over $700 million in its U.S. operations through 2027. The company’s investments support the country’s focus on bolstering the nation’s energy infrastructure to power AI growth, boost domestic manufacturing, and strengthen energy security. The announcement comes as rising regional demand grows across data centers, utilities, manufacturing, and energy infrastructure segments.  The investment is the largest planned single capital expenditure commitment by Schneider Electric in its’ 135+ year history in the U.S. It includes manufacturing expansions and job growth, reflecting the company’s robust customer demand for solutions to increase energy efficiency, scale industrial automation, and deliver a more reliable grid. Coupled with previous investments in 2023 and 2024 to strengthen its North American supply chain, Schneider Electric’s latest U.S. planned investment will surpass $1 billion so far this decade.  This new planned investment is expected to create over 1,000
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This month, at the 25th Chesapeake Sailing Yacht Symposium in Annapolis, the Audace Sailing Team from the University of Trieste presented an innovative study on sustainable hydrofoil design. The research leveraged ESTECO’s modeFRONTIER software to implement a multifidelity optimization approach, enhancing the performance of foiling sailboats while integrating natural fiber composites. The Audace Sailing Team is a student-led sailing research and development team from the University of Trieste, Italy. They focus on designing and building high-performance, sustainable foiling sailboats, with a strong emphasis on innovation and the use of eco-friendly materials. As part of our continuous relationship with academia, we're proud to sponsor their adventure and to share their achievements. The study, written by the team with Enrico Nobile – Scientific Advisor at ESTECO – showcases an innovative approach to high-performance sailing, leveraging sustainable materials and advanced design methodologies. The research represents a pioneering effort in incorporating flax fiber composites — accounting for more than
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At X4: The Experience Management Summit in Salt Lake City, Qualtrics redefined experience management with new product innovations, partnerships, and learnings from 100+ sessions that organizations need to win in the era of agentic AI.  At the event, which brought together thousands of C-suite executives, thought leaders, and Experience Management professionals, attendees heard how the world’s leading brands – including Walmart, KFC, ServiceNow Verizon, Hilton, adidas, and more – are delivering business success by elevating the customer and employee experience with Qualtrics. New innovations & partnerships organizations need to win in the era of Agentic AI At X4, Qualtrics unveiled Experience Agents™: highly specialized AI agents that autonomously deliver exceptional customer and employee experiences at scale across every channel and interaction. Experience Agents are designed to interact directly with customers and employees in personalized, proactive and empathetic ways across every channel and touchpoint to increase loyalty, boost employee engagement, and drive greater business insights and opportunities.
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Centric Software® is pleased to announce that Bad Birdie golf, the premium golf wear brand, has selected Centric PLM™ to drive growth and streamline vendor communication. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such as fashion, luxury, footwear, outdoor, home and related goods like cosmetics & personal care as well as multi-category retail to achieve strategic and operational digital transformation goals. Headquartered in Scottsdale, Arizona and established in 2017 by founder Jason Richardson, Bad Birdie was created on one premise—the state of current golf wear was boring. A few years later, retail stores have opened, pros have been signed and their product line has expanded from printed polos to high performance shorts, pants, headwear and golf layering pieces across men, women and children. Bad Birdie’s merchandise is sold through their own vertical retail and digital channels, as well as, across
Published in Newsletter Articles
Computer Generated Solutions, Inc. (CGS), a leading global provider of supply chain management software solutions for fashion businesses through its BlueCherry® platform, today announced that Canadian apparel solutions leader, iFabric Corp, selected the BlueCherry® Enterprise Resource Planning (ERP) system to optimize its operations and enhance supply chain visibility. The partnership underscores iFabric's commitment to leveraging advanced technology to drive operational efficiency and support future growth. The BlueCherry ERP system will provide iFabric with a comprehensive, real-time view of its business operations, streamlining inventory management, production planning, and order fulfillment. By integrating these capabilities, iFabric aims to improve decision-making, enhance operational agility, and better serve its customers. “We are excited to invest in BlueCherry, which we believe will be an invaluable asset to iFabric as we continue on our impressive growth trajectory,” said Hylton Karon, Group President and CEO of iFabric Corp. “The advanced AI capabilities of this system, combined with its comprehensive inventory management
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Siemens and Audi are revolutionizing manufacturing processes with software-defined automation and artificial intelligence (AI). The long-standing partnership is accelerating innovation for the automotive industry by focusing on integrating virtual and hardware controllers, enhancing safety functions, and streamlining production processes. Audi has also implemented AI-driven automation for optical inspection based on the Siemens portfolio. The goal is to automate detection and removal of weld spatter on vehicle bodies using a customer-trained AI algorithm and high-resolution images. As a result, Audi has realized a higher car body quality and more efficient manufacturing processes.  Virtualizing the shop floor with software-defined automation  Audi is using Siemens’ automation portfolio to standardize and optimize its shop floor operations, creating a more agile, flexible, and safe production environment. To speed up the transition from automated to highly adaptable production, the IT and OT levels are merged by successively virtualizing the shop floor. As software-defined factory automation is only feasible with
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Centric Software® is pleased to announce that SoulCycle, one of the most globally recognized wellness brands, has selected Centric PLM™ and Centric Planning™ to drive growth and streamline vendor communication. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such as fashion, luxury, footwear, outdoor, home and related goods like cosmetics & personal care as well as multi-category retail to achieve strategic and operational digital transformation goals. Headquartered in New York City and established in 2006, SoulCycle is a rapidly growing brand. With a growing presence across more than 60 locations in the US and UK, SoulCycle is expanding beyond the studio, offering premium activewear and retail experiences, both in person and online, that resonate with its dedicated community. “As both a retailer and a brand, we needed software that could seamlessly support both sides of our business. Centric Planning allows us to project product demand more
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Atos announces it has been recognized by Northrop Grumman as one of its top supplier partners during the company’s Supplier Excellence Awards. Recognized for Resilience Excellence, Atos’ advanced digital workplace solutions are instrumental in supporting Northrop Grumman with delivering a modern and digital experience to their workforce. Atos’ digital workplace solutions empower their more than 90,000 employees, aiding Northrop Grumman in its mission to deliver innovative, cost-effective military and security solutions to give its customers the advantage in a complex world.  “Atos has supported Northrop Grumman in delivering technologies that enhance national security for the U.S. and our allies,” said Ken Brown, Vice President, Enterprise Global Supply Chain, Northrop Grumman.“The high-quality performance, dedication and partnership of our supplier teams drive operational excellence to ensure warfighters have next generation advantages in advanced weapons, aircraft, missile defense and space.” “Atos is honored to receive the Resilience Excellence Award from Northrop Grumman, recognizing our advanced digital workplace
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Dagmar Mundani (57) has been appointed Head of the Mergers & Acquisitions (M&A) function at Siemens AG, effective June 1, 2025. She will succeed Karl-Heinz Seibert (65), who is retiring on July 1, 2025. “With Dagmar Mundani, we’re gaining an experienced and highly qualified expert with excellent leadership qualities for our Mergers & Acquisitions function. She’ll play a decisive role in helping shape our growth and portfolio strategy. M&A is a key component of the investment track of our ONE Tech Company program. Dagmar Mundani will make a major contribution to further strengthening Siemens in high-growth areas and high-growth regions through strategic acquisitions. Her wide-ranging knowledge of our company makes her an ideal choice for this key position. I’m looking forward to working together with her,” said Roland Busch, President and CEO of Siemens AG.  “We’d like to thank Karl-Heinz Seibert for his many years of service and his outstanding commitment to Siemens. Karl-Heinz Seibert
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Honeywell announced key leadership roles for its Advanced Materials business, which will be named Solstice Advanced Materials after its tax-free spin to shareholders targeted to be completed by late 2025 or early 2026. The independent company will be headquartered in Morris Plains, New Jersey. Solstice Advanced Materials will be a publicly traded, sustainability-focused, specialty chemicals and materials pure play. With nearly $4 billion in revenue last year, Solstice Advanced Materials will offer leading technologies with premier brands, including the Solstice® hydrofluoroolefin technology. Ahead of the planned spin-off, Honeywell has announced several members of the new company's leadership team: Dr. Rajeev Gautam has been selected to serve as non-executive Chairman of the Board of Directors, effective on completion of the spin. Gautam brings more than four decades of experience at Honeywell in the process technologies and advanced materials sectors. Prior to his retirement in 2021, he served as President and Chief Executive Officer of Honeywell Performance Materials and Technologies
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