Neues

The Milan Innovation District (MIND) is an urban regeneration project on the site that hosted festivities for the Universal Exhibition Expo 2015 in Milan, Italy. As part of the plan for this campus area, developers are building an urban center within the city that is focused on both redefining mobility within this innovative campus and beyond, using traditional gas-powered vehicles and mass transit to minimize traffic congestion and try to decrease carbon emissions. MIND is planned to act as an international test-bed for pioneering mobility technologies and solutions, including multimodal models that are capable of replicating and assessing the walkability...

Revenue at US$ 2,507 mn; up 6.4% QoQ & 0.8% YoY

Revenue in Constant Currency; up 4.5% QoQ & down 0.4% YoY

EBITDA margin at 26.6%; EBIT margin at 21.6%

Net Income at US$ 424 mn; up 9.7% QoQ & 12.7% YoY

Revenue at ` 18,594 crores; up 4.2% QoQ & 6.1% YoY

EBITDA margin at 26.6%; EBIT margin at 21.6%

Net Income at ` 3,142 crores; up 7.4% QoQ & 18.5% YoY

 

Revenue to grow QoQ...

Today TimeSeries announced their global partnership with Siemens. Building upon the existing partnership between the two organizations in North America, this expansion to the EMEA region solidifies TimeSeries as the first global Mendix and MindSphere Partner of Siemens. For many years, TimeSeries has been a leading partner of Mendix, focusing on leveraging Mendix’ app development platform and other innovative technologies to help customers drive digital transformation.

This global partnership with Siemens will enable the organizations to further invest in the industry-specific app templates created since the Siemens acquisition of Mendix in 2018. The existing industry templates have already...

Today TimeSeries announced their global partnership with Siemens. Building upon the existing partnership between the two organizations in North America, this expansion to the EMEA region solidifies TimeSeries as the first global Mendix and MindSphere Partner of Siemens. For many years, TimeSeries has been a leading partner of Mendix, focusing on leveraging Mendix’ app development platform and other innovative technologies to help customers drive digital transformation.

This global partnership with Siemens will enable the organizations to further invest in the industry-specific app templates created since the Siemens acquisition of Mendix in 2018. The existing industry templates have already...

CGTech, the developer of Vericut software, and Makino Milling Machine Co. Ltd., a manufacturer of high-precision CNC machine tools technology, renewed a strategic corporate partnership. Makino and CGTech have worked together for more than 30 years to provide manufacturing and design solutions to manufacturers around the globe.

Vericut’s simulation software helps users detect errors, potential collisions, or areas of inefficiency. Makino offers a wide range of metal cutting and EDM technology.

“We are excited about this ongoing partnership,” said CGTech president Jon Prun. “Manufacturers who buy Makino machines have invested in world-leading machinery. Our aim is...

AVEVA and Chemicals Business, SCG, one of the largest petrochemical companies in Thailand and a key industry player in Asia, today announced their strategic partnership to develop a Digital Reliability Platform (DRP), a complete asset performance management (APM) solution to predict equipment health, monitor performance, and enable advanced maintenance across its operations to eliminate unplanned downtime. The DRP was completed through a collaborative effort between AVEVA and Chemicals Business, SCG. This partnership matched the company’s broader digital transformation imperative to become a data-driven organization to advance its position as a...

Oracle announced the new generation of Oracle Exadata Cloud Service, now based on the Exadata X8M platform, available this month on Oracle Cloud Infrastructure. Customers can accelerate their most challenging transaction processing and data analytics projects with Exadata X8M in 26 global cloud regions and Dedicated Region Cloud@Customer. With architectural identicality across cloud and on-premises, Oracle Exadata Cloud Service X8M makes it easy for customers to move even the largest and most demanding databases and workloads seamlessly to the cloud with no changes to applications. Breakthrough performance, scale and elasticity enable Exadata Cloud Service X8M...

In conjunction with the release of Allplan 2021, the Nemetschek Group is reinforcing its solution portfolio for increased collaboration in the construction lifecycle. With SCIA AutoConverter, in a limited version part of Allplan 2021, structural engineers can fully participate in the BIM process. The solution refines the traditional structural to analysis model-based workflow. In combination with the Bimplus platform from Allplan, engineers and modelers can work together in an open and integrated BIM workflow and develop analytical models from any source with a high degree of accuracy.

“This is another great result from the increasing collaboration between our...

Bentley Systems, Incorporated announced that Shell’s Deepwater business has selected Bentley’s digital twin approach to streamline its capital projects process and accelerate time to first oil.

With a plan to deliver several subsea tie-back projects over the next 10 years, Shell Deepwater Projects has recognized a significant opportunity to accelerate capital project delivery and cut project delivery time by implementing an integrated digital project & engineering environment. The solution spans project conception in the early phase design through to handover.

“Shell Deepwater Projects is developing an integrated Workflow and Data Platform from system selection to asset...

Q2 revenues grew sequentially by 4.0% in constant currency

Q2 revenues grew year-on-year by 3.2% in USD; grew by 2.2% in constant currency

Q2 Digital revenues at $1,568 million (47.3% of total revenues), year-on-year growth of 25.4% in constant currency

Q2 operating margin at 25.4%, increase of 370 basis points year-on-year

Q2 free cash flow at $674 million; year-on-year growth of 69.8%

Q2 net profit at $653 million, year-on-year growth of 14.7%

Q2 voluntary attrition for IT services declined to 7.8% from 18.3% in...