CIMdata Blog

iBASEt, the company that simplifies how complex products are built and maintained, announced a new strategic partnership with Cyient, a global engineering, manufacturing, and digital technology solutions company. The partnership brings together two best-of-breed partners capable of designing and implementing a world-class solution, purpose-built to overcome the unique challenges faced by complex discrete manufacturers today.  Manufacturers producing highly engineered, complex products with frequent engineering and design changes are challenged to find the right subject matter experts and purpose-built software products that can help to ease the transition to digital operations management solutions. This type of production process is subject to frequent design changes that must be managed while maintaining quality standards and adhering to strict compliance regulations. iBASEt’s industry-leading manufacturing software solutions complement Cyient’s significant experience implementing manufacturing execution (MES) and maintenance, repair, and overhaul (MRO) solutions for manufacturers operating in complex discrete industries. As a new strategic partnership, Cyient and iBASEt can

Matterport, Inc., the leading spatial data company driving the digital transformation of the built world, announced that it is expanding its presence in the Brazilian market via two strategic partners, Guandalini Posicionamento and PARS, to offer Matterport's spatial data platform to their enterprise customers in the architecture, engineering, and construction (AEC) markets. These partners will sell the market-leading Matterport solution in the region, including Matterport’s software-as-a-service subscriptions along with capture services and products. Brazil is one of the largest property markets in the world with more than 500 million physical spaces ready to be digitized, and Matterport is leading the way. The Matterport solution will allow Brazilian businesses and organizations to create highly accurate digital twins of spaces in the built world. With Matterport 3D digital twins, customers across a variety of industries can use the digital twin to measure, document, manage, and promote their properties online. For instance, an architect

We are shocked and saddened about the human impact of the current situation in and around the Russian invasion of Ukraine. Our hearts and thoughts are with the local population and our colleagues and community in the affected regions. Our brands have taken immediate actions to protect our local people, from organizing visas to providing refugee housing to financial support. On group level, the Nemetschek Group has introduced a match donation program that is related to the humanitarian crisis in the Ukraine. Since economic sanctions against Russia are an important mechanism in the efforts to restore peace, the Nemetschek Group has decided to suspend any new business in Russia and all business with the sanctioned individuals, organizations, or regions for the time being. The Nemetschek family stands with everyone affected by the crisis in Ukraine. We wish all our customers, business partners and stakeholders to stay healthy in these challenging times. Yves Padrines CEO Nemetschek

Rockwell Automation, Inc. announced that the company is suspending operations and sales in Russia and Belarus, effective immediately. “Rockwell joins the U.S. government and the global community in condemning Russia’s attack on Ukraine and its citizens,” said Blake Moret, Chairman & CEO of Rockwell Automation, emphasizing that the company supports all U.S. sanctions. Rockwell has made a financial contribution to Project HOPE to provide humanitarian relief to refugees in Ukraine and neighboring countries and is encouraging employees to help in a variety of ways. Rockwell will match employee donations made to Project HOPE and is offering paid time off to support local volunteer efforts. Sales to Russia and Belarus represent less than 0.5% of Rockwell’s total revenue. The company will continue to pay salaries and benefits for its roughly 30 Russian team members. Rockwell does not directly employ anyone in Ukraine or Belarus. To view the original press release, please click here. Search for Rockwell

Stratasys Ltd., a leader in polymer 3D printing solutions, announced the continued expansion of the GrabCAD® Software Partner Program with new partners Oqton and Riven. Oqton is a cloud-based manufacturing operating system company based in Ghent, Belgium; and Riven provides 3D reality intelligence for digital manufacturing, based in Berkeley, Calif. The GrabCAD Software Partner Program is part of the recently introduced GrabCAD Additive Manufacturing Platform, which integrates GrabCAD applications and third-party GrabCAD Software Partners via the GrabCAD Software Development Kit (SDK). The open and enterprise-ready platform enables two-way connectivity between 3D printers, additive manufacturing and enterprise applications, and broader Industry 4.0 infrastructure. “New GrabCAD Software partners give us the ability to grow the numbers of technologies available through the GrabCAD AM Platform and allows us to support our customers’ goals by creating a connected ecosystem that supports additive manufacturing at scale,” said Paul Giaconia, Vice President of Software Products for Stratasys. “We welcome these two new partners and

Vodafone [Germany] and Accenture are teaming to provide managed security services to small to medium-sized enterprises (SME) in Germany. The services will help SMEs be more resilient to cyber threats, providing leading cybersecurity talent and industry expertise to organizations that do not have the capacity, time or resources to keep up with this rapidly evolving space. Designed to help companies identify security vulnerabilities and detect, respond to and recover from cyberattacks, the services will be integrated with Vodafone’s portfolio of mobile, fixed, internet of things and cloud solutions. They complement Vodafone’s existing cybersecurity offerings, enabling the company to provide enterprise-grade cybersecurity to businesses of all sizes. The services — to be managed by Vodafone and delivered by Accenture Security — include:  Penetration Testing— Involves simulating a real cyberattack in order to penetrate the IT systems, with the internal and external tests usually covering all devices connected to the network. Vulnerability Management— Identifies existing vulnerabilities in

In recent years capabilities and platforms to implement digital twins have been increasing exponentially. Promising amongst many things – real-time monitoring, VR visualisation, predictive maintenance, better decision making, improved data quality. There are many challenges to realizing these benefits including – How to maintain a digital twin as the product evolves and the data for the twin is distributed across a set of systems in a changing enterprise, how to expand the scope of information managed in the twin, what happens when the product changes ownership, how to manage intellectual property rights inherent in the twin? Register to learn why and how using a standards-based information framework addresses these challenges and enables a through life digital twin free from vendor and legacy systems lock-in. When: Thursday, March 10th 2022 – 2:00 PM (CET) | 8:00 AM (ET) This live webinar will be recorded and available on-demand. To view the original press release, please click here. Search for

Xometry, the global digital marketplace for on-demand manufacturing, announced two "Xometry Live" virtual events designed to celebrate and champion inclusive leadership in manufacturing. Renowned independent journalist, filmmaker and former PBS NewsHour and CNN talent Miles O'Brien, an expert on technology, science, and aerospace, joins the first Xometry Live event, "Accessible Design with 3D Printing: Designing Products for People with Disabilities." The event takes place at 5:30 p.m. ET on Tuesday, March 8. Joining O'Brien are Amin Hasani and Jed Tango, Co-Founders of CURVD and Blue Heart Hero, as well as Greg Paulsen, Director of Application Engineering at Xometry. Together, they will discuss the importance of designing and manufacturing inclusive products to aid people with disabilities. Xometry is partnering with innovative nonprofit Blue Heart Hero on a nationwide contest to encourage engineers, designers, and out-of-the-box thinkers to create designs for 3D-printable assistive devices. The theme of the contest is kitchen accessibility, making cooking

Annual Recurring Revenue growth on track Q4 Highlights Annual Recurring Revenue increased to MSEK 37.0 (28.3), with continued quarter-to-quarter growth of 8%. Modelon Impact ARR grew 39% compared to the previous quarter and was the major contributor to overall ARR growth Net revenue amounted to MSEK 15.8** (28.8), of which software revenues were MSEK 9.6 (8.8) EBIT amounted to MSEK -12.1 (3.2) Net result amounted to MSEK -1.2 (2.2) Earnings per share amounted to SEK -0.11 (0.29) before dilution Financial result for the period reflects the ongoing investment phase for accelerated growth 2021 Highlights ARR* increased to MSEK 37.0 (28.3), an annual growth of 31% Net revenue amounted to MSEK 68.9** (112.4), of which software revenues were MSEK 36.4 (36.3). FX adjusted software revenue increased by MSEK 2.2, with 6% volume growth EBIT amounted to MSEK -39.4 (4.5) Net result amounted to MSEK -28.5 (3.3) Earnings per share amounted to SEK -2.59 (0.43) before dilution Comments from the CEO ARR growth on track We

The French group has been one of the world’s leading vendors of CAD (Computer-Aided Design), CAM (Computer-Aided Manufacturing) and ERP (Enterprise Resource Planning) software for 38 years. Its TopSolid Integrated Digital Factory offer is sold through five branches in France, a network of nine subsidiaries and 60 resellers from every continent.  2021 was a record-breaking year for the company, with an 18% rise in sales revenues, from €45 million in 2020, to €53 million in 2021. This growth was fueled by its French customers, but also by its customers in Germany, Switzerland and Japan, where the demand in the metal and wood industries returned to strong growth. Thanks to the recovery plan in France, industrial manufacturers were able to invest in machinery and, by extension, in the software used to program it. TopSolid benefited from the strong resurgence of production in France. The progress of the TOPSOLID Group was also due to: the popularity