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Items filtered by date: November 2024 - CIMdata
Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, announced the construction of its largest delivery centre in Londrina, Brazil. The state-of-the art campus will be developed with an initial investment of USD 37 million (BRL 200 million, INR 3.3 billion) and is expected to be completed by 2027. The new campus will create over 1,600 new jobs and will serve as a strategic hub supporting clients across industries in Brazil and Latin America. This is the one of the largest investments made by TCS in Latin America, reinforcing its long-term commitment to the region. The inaugural ceremony was held at Palácio Iguaçu, in presence of Carlos Roberto Massa Júnior (Ratinho Júnior), Governor of the State of Paraná, Brazil and Bruno Rocha, Country Head, TCS Brazil. Carlos Roberto Massa Júnior ‘Ratinho Junior’, Governor of the State of Paraná, Brazil, said, “This new strategic investment will transform Paraná into one of the major centers of IT
Published in Newsletter Articles
Tech Mahindra, a leading global provider of technology consulting and digital solutions to enterprises across industries, announced a partnership with CS TECH Ai to jointly deliver next-generation geospatial, AI-driven , and digital-twin solutions for enterprises and public-sector organizations across global markets. The joint offerings are designed to help organizations improve operational efficiency, enable predictive maintenance, reduce downtime, and modernize legacy systems. The partnership combines Tech Mahindra’s global digital delivery capabilities and enterprise-scale platforms with CS TECH Ai’s engineering-grade geospatial intelligence, Building Information Modelling (BIM) capabilities, and high-accuracy digital twin solutions. Together, the organizations will build integrated, data-driven platforms that enhance infrastructure planning, execution, monitoring, regulatory compliance, and long-term asset management. The partnership also includes plans to jointly pursue international (excluding India) growth opportunities, with a focus on markets where governments and enterprises are accelerating investments in Digital Public Infrastructure (DPI), smart mobility, utilities, and grid modernization. Birendra Sen, President – Business Process
Published in Newsletter Articles
TrueProject, the leader in Strategic Project Intelligence and predictive project performance analytics, announced a new Acumatica Developer Network (ADN) Level 2 Partnership with Acumatica, the leading provider of cloud ERP solutions. Beginning in February, Acumatica resellers will be able to sell TrueProject for Acumatica ERP, a seamlessly integrated solution that brings predictive, AI-driven insights to project-centric organizations running on Acumatica Cloud ERP. TrueProject integrates directly with Acumatica ERP data to deliver Strategic Project Intelligence—helping executives and delivery teams Identify risk sooner, forecast outcomes more accurately, and take corrective action with greater confidence. With real-time visibility into project performance, organizations can reduce surprises, improve delivery predictability, and strengthen governance across portfolios, programs, and projects. The initial availability of TrueProject for Acumatica ERP will support: Acumatica Construction Edition Acumatica Professional Services Edition TrueProject is designed to be available for all Industry Editions of Acumatica Cloud ERP, with additional editions planned for enablement following this initial release. Key Benefits of TrueProject for Acumatica ERP Predictive risk identification to detect emerging schedule, cost, resource, and delivery issues
Published in Newsletter Articles
Vertex, a leader in cloud-based 3D CAD visualization, announced its collaboration with Snowflake, the AI Data Cloud company, to support the launch of Snowflake’s new Energy Solutions and help energy organizations use data and AI more effectively across their operations. Through this collaboration, Vertex, Snowflake, and other industry leaders are empowering oil and gas, power and utilities providers to modernize infrastructure, improve efficiency, and accelerate progress toward a more reliable and lower-carbon future.  As energy companies face pressure to secure critical infrastructure, improve operational resilience, and navigate volatile markets with real-time insight, Vertex is leveraging Snowflake to deliver a real-time, AI-ready 3D digital twin platform that transforms complex CAD and PLM data into secure, visual intelligence. Together, Vertex and Snowflake help energy organizations address the challenges of the energy transition, grid optimization, and operational efficiency—bringing engineering and operational data to life to accelerate innovation and drive smarter decisions at scale. With Vertex
Published in Newsletter Articles
Wipro Limited, a leading AI-powered technology services and consulting company, and Factory, a leading agent-native software development platform and a portfolio company of Wipro Ventures, announced a strategic partnership to help enterprises operationalize agent-native development across their engineering organizations. Wipro Ventures, the corporate investment arm of Wipro Limited, also announced its participation in Factory’s recent funding round. Factory enables engineering teams to delegate meaningful portions of software development to AI agents, called Droids, across the development lifecycle. When implemented across an organization, Droids enable feature development, refactors, migrations, testing and more to be completed at a greater efficiency and scale than ever before while preserving existing engineering standards and architectural consistency. Wipro will integrate Factory’s capabilities into its WEGA agent‑native delivery platform to further enhance Wipro Intelligence™, the unified suite of AI-powered platforms, solutions, and transformative offerings. Factory will be rolled out across tens of thousands of engineers thereby accelerating the creation of production-ready code
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Bentley Systems, Incorporated, the infrastructure engineering software company, will release its fourth quarter and full year 2025 results and 2026 financial outlook before the market opens on Thursday, February 26, 2026. Senior management will host a webcast to discuss the company’s results at 8:15 a.m. ET. The results press release and link to the webcast will be available prior to the start of the webcast on the company’s investor relations website at https://investors.bentley.com Webcast and Registration Information When: Thursday, February 26, 2026, 8:15 a.m. ETWebcast: Registration link Replay and transcript: Available later that day via https://investors.bentley.com To view the original press release, please click here. Search for Bentley Systems on CIMdata.com
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“ As CGI begins its 50th year in business in 2026, our first quarter results continued to reflect the strength of our business model, client relationships, expertise and operational discipline,” said François Boulanger, President and Chief Executive Officer. “CGI’s performance in the first quarter reflected where clients continue to invest—modernization and managed services, with advanced AI solutions embedded. This drove strong overall wins in the quarter, led by managed services at 117% book-to-bill. The CGI team’s discipline in managing our business and delivery quality generated record-high cash from operations of $872 million, continuing to deepen CGI’s position as an active consolidator. ” Q1-F2026 performance highlights Revenue of $4.08 billion, up 7.7 % year-over-year or 3.4 % year-over-year in constant currency1; Earnings before income taxes of $599.8 million, up 1.4 % year-over-year, for a margin1 of 14.7 %; Adjusted earnings before interest and taxes1,2 of $655.1 million, up 7.1% year-over-year, for a margin1 of 16.1 %; Net earnings of $442.0 million for a margin1 of 10.8 %, and diluted EPS of $2.03,
Published in Newsletter Articles
Synopsys, Inc. announced it will report results for the first quarter fiscal year 2026 on Wednesday, February 25, 2026, 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 February 25, 2026, at approximately 5:00 p.m. PT. The replay will be available until Synopsys announces its second quarter fiscal year 2026 results. To view the original press release, please click here. Search for Synopsys on CIMdata.com
Published in Newsletter Articles
ANN ARBOR, Michigan, USA 28 January 2026—CIMdata, Inc., the leading global research, consulting, and education firm specializing in Product Lifecycle Management (PLM) and the Digital Transformation it enables, announces that Accenture, Autodesk, Capgemini, SAP, and Siemens Digital Industries Software have joined as sponsors for its landmark research program, “AI in Product Development.” The participation of these five industry leaders, along with many industrial companies, shows how important AI has become for digital transformation. As sponsors, these organizations will provide the support and industry perspective needed to examine how AI is used, how mature it is, and what ROI it delivers in manufacturing today. "Industrial organizations currently lack the fact-based data needed to navigate the rapidly evolving AI ecosystem, and we are honored to have the support of such a distinguished group of sponsors for this groundbreaking research initiative," said Peter Bilello, President & CEO of CIMdata. "By sponsoring this initiative, these leading
Published in News & Press
Aegis Software ("Aegis"), a global provider of manufacturing execution and operations software for diverse manufacturing industries, announced that it has completed the acquisition of Simio, a leading provider of Digital Twin Simulation software and Advanced Planning and Scheduling (“APS”) to an attractive and resilient set of end-markets. Together, manufacturing operations software powered by glass-box digital twin simulation gives manufacturers command of what happened, what is happening, and what will happen. Simio has built a reputation as a pioneer in the Simulation and APS spaces, with its use of digital twin processing to help customers gain valuable, real-time insights into their most complex, mission-critical operational workflows. Simio has become a standardized, best-in-class tool for industrial engineers and is uniquely part of the curriculum at more than 500 higher education institutions around the world ensuring that future manufacturing and operations professionals enter the workforce with hands‑on experience using modern digital twin, simulation, and APS technologies. Jason Spera, Co-Founder
Published in Newsletter Articles
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