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AVEVA revealed global survey findings identifying the key investment drivers for digital transformation. The survey was conducted with 1,240 decision makers in ten countries1 in EMEA, North America and APAC across nine industry verticals2.

The research identifies a strong demand across both industries and markets to implement advanced technologies such as Artificial Intelligence (AI) and data visualization to make sense of vast data streams in real time, with 75% of respondents globally prioritizing investment in AI and analytics.

The research also identified three key global investment priorities for organizations when it comes to embarking upon...

The winning entries of the annual ANSYS  Hall of Fame competition showcase how engineers are using ANSYS’ cutting-edge simulation solutions to solve critical engineering challenges, ranging from detecting unexploded land mines to simulating the human heart.

The contest grew significantly in 2020, with a 21% increase in total submissions compared to 2019. The submissions, which were sent from nearly 20 countries, were divided into two categories — corporate and academic:

Corporate winners:

Astec, Inc. engineers identified an opportunity to optimize an asphalt...

Systima Technologies, Inc., based in Kirkland, WA, manufactures components for the defense, space and commercial markets. The company was founded in 2008 but has quadrupled in the four years since 2015.  Materials and Process Engineer Marc Staiger realised early on that the forecast growth would require them to have better material management; “At that time we had around 20 rolls on-site, which we were managing out time with Excel spreadsheets, but information was not up-to-date and was scattered across PCs across the network. Also, it involved a lot of manual work counting out-time.”

At that time Systima had...

AVEVA announced a significant enhancement to its Asset Performance Management (APM) portfolio - the launch of AVEVA APM Assessment, AVEVA Asset Strategy Optimization and AVEVA Asset Strategy Library.  Today’s announcement completes the integration of the recently acquired MaxGrip software solutions into AVEVA’s APM Portfolio. As a result, customers are now able to realize greater levels of reliability, availability, safety and efficiency in operating their capital assets, and move from reactive and predictive maintenance to prescriptive maintenance. Adding to AVEVA’s comprehensive preventive, condition-based and predictive software capabilities, the integrated solutions will empower the workforce to execute prescriptive guidance across engineering, operations...

Infor announced that oil and gas exploration and production company Lekoil has selected Infor SunSystems and Infor CloudSuite EAM to underpin future growth plans. Delivered and supported by Progressive TSL, business solutions consultancy to the energy industry, Infor’s financials and asset management platform will facilitate proactive planning, tighter inventory and tailored reports by asset. The financials capabilities will allow faster month-end and integrated purchasing, while the secure cloud-based infrastructure will remove the need for costly hardware and additional in-house...

Tata Consultancy Services announced that it has been recognized as the fastest growing IT services brand of the decade, and one of the fastest growing IT services brands of 2019, by Brand Finance, a brand valuation firm, in its 2020 Global 500 report.

The report, released at this year’s World Economic Forum in Davos, Switzerland, highlights a decade of significant brand growth for TCS, with its brand value increasing nearly six-fold since 2010, to $13.5bn in 2019, making it the fastest growing brand of the decade and positioning it among the Top 3 brands in IT services globally....

Synopsys, Inc. and Finastra announced a partnership establishing an application security validation program for FusionFabric.cloud, Finastra's open platform for developing, deploying and consuming financial applications. The program, powered by the Synopsys Software Integrity Group, ensures that all applications offered via the FusionFabric.cloud FusionStore have passed thorough vigorous security testing assessments.

"By partnering with Synopsys on our application validation program, we're creating a win-win solution for financial institutions and Fintech developers," said Nir Valtman, head of product and data security at Finastra. "Financial institutions can...

DXC Technology cited digital twins as a business imperative for the next evolution of digital enterprises.

Digital twins take advantage of the vast amounts of data from connected devices to provide a detailed, data-based model of a physical system. As the internet of things (IoT) connects more and more of these devices within organizations, virtual simulations of physical environments are becoming an increasingly critical piece of an enterprise digital strategy.

“Digital twins have grown to become one of the most useful tools in an enterprise’s toolkit,” said Dan 

Businesses globally face a “digital ceiling” when it comes to digital transformation, according to new research from Infosys Knowledge Institute (IKI), the thought leadership and research arm of Infosys. The study reveals that businesses must change their mindsets to achieve sophisticated levels of digital maturity.

Infosys Digital Radar 2020 assessed the digital transformation efforts of companies on a Digital Maturity Index and found year-over-year progress in basic areas, such as digital initiatives to improve a company’s efficiency. However, most companies come up against a “digital ceiling” when trying to achieve...

VMware, Inc. announced its intent to acquire Nyansa, Inc., a fast-growing innovator of AI-based network analytics. Nyansa will enable VMware to deliver an end-to-end network visibility, monitoring and remediation solution within VMware SD-WAN by VeloCloud that can proactively predict client problems, optimize application and network performance and better assure the behavior of critical IoT devices. The addition of Nyansa’s AI/ML capabilities to VMware’s existing network and security portfolio will make it easier for customers to operate and troubleshoot the Virtual Cloud Network and further VMware’s ability to enable Self-Healing Networks.

“The acquisition of Nyansa will accelerate VMware’s delivery...