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Capgemini announced its second set of Intelligent Industry offerings this time focused on enabling end to end support for the advanced driving automation systems validation and verification process. The news follows the recent announcement of Capgemini’s 5G and Edge services to help organizations to make the right investments in the foundation of their data-driven transformation. This new offer supports automotive manufacturers and the wider industry to progress efficiently, with confidence, their roadmap to autonomous driving.

“Autonomous driving is an exciting outcome of Intelligent Industry. But it is a complex undertaking: achieving acceptable levels of...
About a year ago, automotive and industry supplier Schaeffler teamed up with SAP to identify intersecting technology road maps and further drive Schaeffler’s digital transformation together.

One of the key aspects of this project is data governance. In an interview, Markus Rahm, vice president of Schaeffler Group’s Data and Analytics Governance division, talks about how he and his team are benefiting from their work with SAP.

Q: When it comes to data management, Schaeffler is a pro. Just recently, the European Foundation for Quality Management and the Competence Center Corporate Data Quality recognized you...
Cotton Heritage is a premier apparel blanks provider based in Los Angeles, California. With over 35 years of experience in the industry, they are a mill-direct, WRAP-Certified company that is committed to creating ethically produced garments with superior printability.

Patrick Novak, Chief Operating Officer, at Cotton Heritage says, “With technology playing an increasingly critical role in every aspect of business, we recognized that we needed to implement a digital solution to ensure our product development team and our factories are more communitive and organized.” The DeSL software solution will improve the collaboration internally and with vendors. Especially during...

Open Text Corporation announced its financial results for the first quarter ended September 30, 2020.

“OpenText delivered a great start to Fiscal 2021 with record performance across all of our key metrics,” said Mark J. Barrenechea, OpenText CEO & CTO. “We demonstrated outstanding execution in a challenged environment with total revenues of $804.0 million, an increase of 15.4% year-over-year and Cloud Services and Subscription revenues of $341.0 million, an increase of 43.7% year-over-year, being our largest revenue contributor. Our Annual Recurring Revenues grew 22.0% year-over-year to $670.4 million and now represents 83% of total revenues. These record results demonstrate the strength...

Altair released its financial results for the third quarter ended September 30, 2020.

“We are very pleased with our third quarter performance, which exceeded our expectations,” said James Scapa, Founder, Chairman and Chief Executive Officer of Altair. “During the quarter new customer activity remained relatively strong and software renewals continued to come in as expected with several significant expansions, including in the automobile and aerospace sectors. We expanded our capabilities in high performance computing and material modeling with tuck-in acquisitions and the introduction of new internally developed solutions. Our organization continues to do a...
Siemens Digital Industries Software announced today Simcenter™ SCAPTOR™ software for Advanced Driver Assistance Systems (ADAS) data collection, further expanding the Simcenter™ portfolio for autonomous vehicle performance engineering. Simcenter SCAPTOR combines hardware and software to record, visualize and replay high-fidelity raw data, and greatly speeds the development process. By linking ADAS development to noise, vibration and harshness (NVH) and vehicle dynamics performance, the Simcenter™ portfolio now offers a 360-degree view of performance attributes of autonomous vehicles. This enables a closed-loop development process for autonomous vehicles with a solution that spans the physical and virtual aspects of development, including real-world data collection,...
Donnerstag, 05 November 2020 10:46

PROSTEP Builds Digital Twins For Production

Together with the Institute of Production Engineering and Machine Tools (IFW) at the University of Hanover and the technology service provider isb, PROSTEP, a PLM consulting and software company, is offering its customers a comprehensive new service for digitalizing their existing production systems and optimizing their production processes.

The partners have developed the innovative service concept, which is primarily aimed at small and medium-sized enterprises (SMEs) with limited IT resources, as part of the DigiTwin joint project funded by the German Federal Ministry of Education and Research. It involves scanning machines and systems in 3D and converting the...
Altair launched Altair Inspire Mold, a revolutionary, end-to-end solution for simulating injection molding. For the first time, Inspire Mold brings Altair’s core philosophies of simulation-driven design and democratization of simulation to this $250 billion manufacturing sector. Injection molded plastic components play a critical role in a vast array of applications from toys and consumer electronics to high-performance, load-bearing components in sectors like aerospace and automotive.

Inspire Mold offers engineers fast, highly capable tools with unrivalled solver performance and unprecedented opportunities to make better design decisions earlier,...
Donnerstag, 05 November 2020 10:43

Trimble Reports Third Quarter 2020 Results

Trimble Inc. Announced financial results for the third quarter of 2020.

Third Quarter 2020 Financial Highlights

Trimble achieved GAAP revenue of $792.1 million, up 1 percent year over year, and non-GAAP revenue of $792.8 million, up 1 percent year over year

Annualized recurring revenue (ARR) was $1.26 billion, up 10 percent year over year

GAAP operating income was $102.0 million, and non-GAAP operating income was $191.8 million

GAAP net income was $84.7 million and non-GAAP net income was $152.8 million

Diluted earnings per share was $0.34 on a GAAP basis, and $0.60 on a non-GAAP basis

Adjusted EBITDA...
Highlights

First half results were broadly in-line with the Group’s plan for the shape of the year, save for an increased FX translation headwind and two medium-sized subscription deals slipping from Q2 into Q3

Adjusting for the previously disclosed early renewal of a significant contract, which caused approximately £20 million pull forward of revenue into September 2019, organic constant currency revenue3 declined 6.8%

Without this adjustment organic constant currency revenue declined3 by 11.7%

Recurring revenue as a percentage of total revenue increased to 64.2% (H1 FY20: 61.9%) and grew in three of AVEVA’s four...
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