CIMdata Blog

PROS®, a market-leading provider of SaaS solutions optimizing shopping and selling experiences, announced an industry-first alliance with TAC Index, giving PROS customers a competitive edge with greater, more accurate and timely visibility into market air cargo rates to help them further optimize prices and maintain profit margins during periods of extreme global market volatility. For many businesses, the cost of freight and air cargo can significantly impact profit margins, and rates are expected to continue to be volatile as supply chain issues persist and global economies recover1. Timely and accurate insight into these costs allows companies to quickly and more frequently execute pricing adjustments across all channels, positioning them ahead of competitors and enabling them to drive revenue profitability. “Accurate data regarding air cargo freight costs is invaluable to shippers in their strategic supply chain decisions,” said TAC Index Managing Director John Peyton Burnett. “We are thrilled to partner with PROS to directly

Wipro Limited, a leading global information technology, consulting and business process services company, announced that it has been assessed at Level 5 in CMMI® for Development V2.0. The appraisal identified salient strengths such asleadership commitment to quality and delivery excellence through various initiatives and adoption of multiple models, frameworks, and standards. In addition, the appraisal highlighted well established process ecosystems with deep measurement analytics employing statistical and quantitative models to stabilize, predict and multiply the capabilities to deliver value to its clients.Theconsistent emphasis on innovation which led Wipro to ingrain creativity as part of its organizational culture has been highlighted as well. KK Raman, Partner, Business Excellence and Learning Services, KPMG in India, said“Wipro has been leveraging the CMMI model for a long time and has consistently identified improvement opportunities through internal and external evaluations & appraisals.” Sanjeev Singh, Chief Operations Officer, Wipro Limited, said, “This appraisal affirms Wipro’s commitment to deliver high-quality solutions, predictable delivery,

Despite the global supply bottlenecks, 2021 turned out to be another record year for Bechtle AG. The business volume went up by 7.3 per cent to €6,245.8 million, and revenue underwent significant increase of 5.1 per cent to €5,305.5 million. Bechtle was able to boost its earnings before taxes (EBT) by a disproportionately high rate of 18.4 per cent to €320.5 million. The EBT margin thus improved from 5.4 per cent to 6.0 per cent. As of 31 December 2021, Bechtle had 12,880 employees, 700 more than in the prior year. In the reporting period, Bechtle recorded a 16-per-cent increase in incoming orders, and its orders on hand amounted to €1,804.6 million, a year-on-year increase of 80 per cent. “In view of the difficult framework conditions, we are very pleased with our figures for the fiscal year 2021. At the same time, however, a glance at the significant growth in incoming orders and orders on hand reveals what would have been possible if we had not be hampered by the

Xometry, Inc., a leading global AI enabled digital manufacturing marketplace, reported financial results for the fourth quarter ended December 31, 2021. “In Q4 2021, Xometry continued to demonstrate strong growth across the board with accelerated demand from our larger customers. Our AI-driven platform gets smarter with each new data point leading to record gross margin,” said Randy Altschuler, Xometry’s CEO. “Although we are still in the early innings of the secular digitization of the manufacturing industry, Xometry has become the digital marketplace connecting buyers with sellers to unleash limitless product innovation.” Fourth Quarter Financial Highlights Total revenue for the fourth quarter 2021 was $67.1 million an increase of 77% year-over-year. Excluding Thomas, Xometry Q4 2021 revenue grew 66% year-over-year from $38.0 million as of December 31, 2020 to $63.0 million as of December 31, 2021. Thomas revenue from the date of acquisition on December 9, 2021 was $4.1 million. Total gross profit for the fourth

TECHNIA, the #1 knowledge leaders in PLM and Engineering, announced today the release of LiteBox3D version 2, which now supports the two major ISO standards for 3D engineering data: JT and STEP. JT (Jupiter Tessellation) and STEP (Standard for the Exchange of Product Model Data) are categorized under the standards ISO 14306 & ISO 10303, respectively. With Lite3D, TECHNIA are establishing 3D as a fast and efficient, common corporate language, by providing all users easy access to complete 3D data – with the right quality and content. This technology supports the MBE (Model-Based Enterprise) approach which replaces drawings with a single 3D model containing all relevant engineering and manufacturing details. This approach sets out to enhance productivity, reduce development risk, improve quality, and enhance collaboration. LiteBox3D version 2 is released as part of the Lite3D product portfolio 2022.1 and is free for commercial and personal use. “We continue to enhance the Lite3D product portfolio

MachineWorks Ltd, a leading supplier of software components to the engineering industry, is pleased to announce the release of MachineWorks 8.4. Headline enhancements include: Computation of safe holder profiles Multiple simultaneous holder and tool collision checks Improved simulation performance through collision check buffering Extensions to design part comparison Render Query Enhanced analysis of intersect solids for bending simulation New sectioned stock view Application-defined swept volumes Computation of safe holder profiles Using this new method applications can determine the maximum safe profile which can be used to machine a particular toolpath without collisions. The resulting holder profile can then be compared with available holders in a tool library allowing the end-user to choose a holder they know will not cause collisions during the cutting process. Multiple simultaneous holder and tool collision checks A new function has been added to compute multiple simultaneous collision checks between tools and holders and/or stocks and fixtures, allowing fast determination of safe access limits with a particular holder

Free 3D CAD models of industrial and function handles facilitate design engineering Rohde AG is now represented with a 3D CAD product catalog on the CADENAS download portals www.3DfindIT.com and www.PARTcommunity.com. Rohde's industrial and function handles for a wide range of applications can be downloaded free of charge in over 150 native and neutral CAD formats. The 3D CAD models and 3D PDFs are also available for download on www.rohde-technics.com in the product description section ("3D CAD" button). "We liked the grouped presentation of our products in the search results on PARTcommunity and 3DfindIT.com right away," said a Rohde AG representative. The integration with many of the most popular CAD design solutions are a plus. "Our 250 handle series with about 4000 variants are thus always ready-to-use for engineers," says Rohde AG. "At Rohde, the production of handles and surface treatment takes place completely in-house, so an all-round solution for 3D data is a good match

Accenture reported financial results for the second quarter of fiscal 2022, ended Feb. 28, 2022, with revenues of $15.0 billion, an increase of 24% in U.S. dollars and 28% in local currency over the same period last year. Click to download Q2 FY22 and Q2 FY22 YTD earnings infographics. To view the original press release, please click here. Search for Accenture on CIMdata.com

GEFA BANK, a leading financing partner for German SMEs and subsidiary of Société Générale, has selected DXC Technology for a ground-breaking digital transformation project. With the "G-Rocket” program, GEFA BANK and DXC Technology will migrate the bank’s mission-critical applications and data from its existing data center to Microsoft’s Azure cloud platform. "By moving to the cloud, GEFA is modernizing its IT infrastructure and gaining a higher degree of flexibility and scalability," says Michael Quint, CIO of GEFA BANK. "Together with our partner DXC, we have developed a transformation program to prepare ourselves technologically, as well as organizationally, for the future of banking. DXC has implemented a flexible, end-to-end operating model based on the cloud compliance and security framework of our parent company." In addition, DXC has put in place a training program with its partner Microsoft to prepare selected GEFA BANK experts for the future operation of the new cloud solution. “DXC has many years

The AI Marketplace makes it easier for small and medium-sized enterprises to implement AI applications. For this purpose, the platform connects them with AI providers and experts who offer the suitable solution portfolio. The marketplace’s webshop, where AI applications and services can be traded, is based on CONTACT Elements. Artificial intelligence (AI) offers great potential in product development. Manufacturing companies can use AI applications to deploy their development capacities more efficiently, shorten development times and reduce manufacturing costs. However, many small and medium-sized enterprises (SMEs) lack the experts to integrate AI applications into the product development process. Led by the Heinz Nixdorf Institute, the AI Marketplace offers an ecosystem that makes AI more accessible for SMEs.  The AI Marketplace is expanded step by step. The first stage is an intelligent matching process: based on the competence profiles of AI developers and experts, manufacturing companies find the solution providers that best meet their requirements. In the