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Aspen Technology, Inc. announced a new AIoT Hub, a result of the integration of its recent investments in Industry 4.0 capabilities. The new AIoT Hub enables seamless and flexible data mobility and integration across the enterprise from sensors to the edge and cloud and accelerates the delivery of visualization and insights for capital-intensive industries. This AIoT Hub is also the cloud-ready environment for AspenTech’s next-generation Industrial AI products and solutions.

The new hub addresses the rapid convergence of IT and OT that customers are experiencing, significantly reducing the risks and time to market...

Eurostep, the leader in secure PLM collaboration and controlled data sharing, has been selected by FMV to implement the Swedish Defence PLCS DEXs into the business of FMV. Eurostep will also represent FMV in various standardization forums related to the maintenance and development of the standard. 

The extensive contract, that commenced in June 2020, is part of FMV’s ambition to streamline its handling of product related information with the goal to reduce costs, reduce lead times, and increase quality. 

Acquiring, operating, and maintaining a vast portfolio of complex weapon systems in an extended enterprise requires digitalization...

Aspen Technology, Inc. announced financial results for its fourth quarter of fiscal year 2020 ended June 30, 2020.

“AspenTech delivered solid fourth quarter results that exceeded expectations in the midst of unprecedented economic conditions,” said Antonio Pietri, President and Chief Executive Officer of Aspen Technology. “Customers in our core markets continued to make significant investments in AspenTech products despite the challenges facing their own businesses. Companies in the process and other capital intensive industries increasingly recognize that investing in digitalization initiatives is essential to long-term financial and operational success and we believe we are well-positioned to benefit from...

Sigmetrix announced their latest version of CETOL 6σ tolerance analysis software, version 10.4, is now available for immediate download.

Tolerance analysis benefits businesses in many ways.  It helps improve profitability by balancing quality with manufacturing cost.  Companies can also realize faster time to market by reducing the need for additional design and prototype cycles.  Finally, it allows companies to gain confidence in their product and process decisions before making costly investments.

“The cost of achieving a quality product grows exponentially as it moves from design to manufacturing and finally to customers hands,” stated Sigmetrix President, James...

Sopheon is partnering with global snacking leader Mondelēz International, Inc. (NASDAQ: MDLZ) to transform its innovation and commercialization processes and portfolios. Sopheon will collaborate with Mondelēz in an accelerated deployment program that will enable Mondelēz to go live with Sopheon’s SaaS-based Accolade® platform and replace two global legacy systems before the end of the year.

According to Andre Dias Alves da Silva, Director Innovation I2M/IIM at Mondelēz, “Even in a time of unprecedented global disruption, Mondelēz continues to focus on its long-term strategy to accelerate consumer-centric growth. This means we need a global innovation platform to drive portfolio transparency, speed...

SEMI, the industry association serving the global electronics design and manufacturing supply chain, today launched a new collaborative apprenticeship program to make it easier for companies to offer training and for more workers to pursue careers in electronics. The competency-based SEMI Industry Approved Apprenticeship Program (IAAP) is designed to identify skills gaps and deliver targeted training that efficiently meets industry employers’ hiring needs.

SEMI developed the IAAP in partnership with GLOBALFOUNDRIES® (GF®), the largest pure-play semiconductor foundry in the U.S. and the world’s leading specialty foundry. Designed to be scaled to meet industry demand for technicians, the program leverages...

An SAP customer in the telecommunications industry said, “We are now embracing new technology and driving efficiencies through digitalization, advanced analytics, and artificial intelligence (AI) as we are evolving into a more innovative and agile organization.”

This statement clearly highlights the importance of technology as an enabler for the digital transformation of companies. But helping customers succeed always starts with the customer, not technology.

In times of COVID-19, businesses and entire industries are more disrupted than ever as they try to adjust to the new normal, making digital transformation an even greater...

Any innovation in today’s world requires an industry that is stuck in an old paradigm for too long and the development of a core technology challenging that paradigm. The Nemetschek Group believes that it is about time for a paradigm shift in the construction industry.

The construction industry is the largest industry in the world. Yet it has been practically stagnant with one percent productivity growth annually over the past two decades. But aren´t we in the age of digital transformation? An age where anything seems possible and other industries such as transportation, manufacturing, or even agriculture multiply...

Altair announced a major update to Altair® PBS Professional®, the market-leading HPC workload manager.

New features within the PBS Professional base scheduler enable customers to increase throughput as much as tenfold, manage costs and resources more accurately, and easily access efficient scaling through cloud bursting.

“For our users, the latest version of PBS Professional represents a significant increase in functionality and value. It will provide customers with the flexibility, scalability, and efficiency they need to flourish in a uniquely dynamic operating environment,” said Sam Mahalingam, chief technology officer at...

Oracle announced that Nissan Motor Co., Ltd is migrating its on-premises, high-performance computing (HPC) workloads to Oracle Cloud Infrastructure. Nissan relies on a digital product design process to make quick and critical design decisions to improve the fuel efficiency, reliability and safety of its cars.  By moving its performance and latency sensitive-engineering simulation workloads to Oracle Cloud, Nissan will be able to speed the design and testing of new cars.

Specifically, Nissan uses software-based Computational Fluid Dynamics (CFD) and structural simulation techniques to design and test cars for external aerodynamics and...