CIMdata Blog

Finastra announced a strategic partnership with ITC Infotech to deliver Finastra’s Fusion Kondor cloud-based Treasury as a Service solution to its growing customer base in Europe. Customers will benefit from increased automation of treasury services, an evergreen system that keeps pace with regulatory change, and rapid time to go-live for new features and functionalities. The partnership strengthens Finastra’s long standing relationship with ITC Infotech. Anindya Roy, President – Europe at ITC Infotech commented, “Banking treasury teams are looking to modernize their processes and improve their operational resilience. The Kondor Treasury as a Service solution will enable banks to harness treasury technology quickly, to automate manual processes, reduce dependency on spreadsheets and legacy technology, and improve cost efficiency. Finastra’s technology is market-leading, and we are excited to bring customers a seamless managed services proposition, which is easy and quick to implement, and significantly reduces cost overheads across treasury, risk and compliance.” “Capacity to build and run

Hexagon’s Manufacturing Intelligence division has signed a partnership agreement with ESAB, a global fabrication technology leader, to create a streamlined welding solution combining Hexagon’s powerful simulation software with ESAB’s InduSuite solutions to help fabricators perform more efficient and successful welding operations. Hexagon’s simulation intelligence, embedded within ESAB’s software and automation portfolio, will ensure that users have the tools required to consistently manufacture high-quality products without costly trial and error. Producing successful welds can be challenging without the benefit of many years’ shop-floor experience and, even with an extensive welding experience, can incur high costs from waste and time. The need to increase process efficiency for the production of welded products in industries such as automotive, aerospace and capital-intensive machinery has increased automation in recent years, but manufacturers now stand to benefit from additional gains by automating elements of design for manufacturing, and ensuring consistent and reliable welding processes with simulation.  “ESAB’s partnership

In the middle of last year, a blockchain committee was set up at the VDMA (German Association for Mechanical and Plant Engineering) to intensify the exchange of information on the technology and to investigate possible applications in more detail. The committee is affiliated with the VDMA's IT department and is open to all member companies interested in blockchain. New use cases are regularly presented at the committee's meetings. At the last meeting, PROSTEP showed how the technology can be used to prove beyond doubt the authorship of complex CAD models. PROSTEP is an active member of the blockchain committee, and it was not the first time that it had presented a use case. At one of the committee's first meetings, Dr. Martin Holland, Head of Strategy & Business Development at PROSTEP, presented a blockchain-based solution for the forgery-proof exchange of 3D printing and process data and the unequivocal identification of the

Lectra supports its customers by designing and developing cutting-edge solutions that combine software, equipment, data and services to make its offer the gateway to Industry 4.0. The automotive industry currently faces a complex set of market dynamics: rising material and transport costs, reduced budgets, changing consumer expectations, increasing challenges related to CSR, etc. In this context, improving efficiency across the whole value chain has become a strategic priority for vehicle and equipment manufacturers. With Industry 4.0, a new range of possibilities is opening up to businesses. The concept and its technologies bring in new value creation and cost control models based on synchronized, flexible and fast processes. Céline Choussy, Lectra’s Chief Product Officer, explains: “The automotive sector, well aware of the competitiveness challenges associated with its digital transformation, is leading the way in terms of Industry 4.0. Productivity improvements and material savings are still possible in cutting rooms: with the launch of the Automotive

Synopsys, Inc. announced that it has completed the acquisition of WhiteHat Security, a leading provider of application security Software-as-a-Service (SaaS). The addition of WhiteHat Security provides Synopsys with significant SaaS capabilities and market-segment-leading dynamic application security testing (DAST) technology to strengthen what is considered one of the industry's broadest application security testing portfolios. Synopsys and WhiteHat Security, which was acquired by NTT Security Corporation in 2019, share a vision for delivering SaaS-based security testing solutions and building security into the software development lifecycle. Synopsys paid $330 million in cash and expects the acquisition to be roughly neutral to FY2022 non-GAAP earnings per share. "WhiteHat Security helped pioneer SaaS delivery of application security testing and brings powerful technology and expertise into our application security portfolio," said Jason Schmitt, general manager of the Synopsys Software Integrity Group. "WhiteHat Security's DAST capabilities complement our strengths in static analysis, interactive analysis and software composition analysis, while their expertise in SaaS

Bechtle AG is set to scale up its logistics capacity by opening a new warehousing site in Hamburg-Wilhelmsburg, where the IT company will settle in on no less than 20,735 m² of the upper floor of Europe’s very first two-storey logistics property, Mach2. Bechtle’s two major logistics hubs in Neckarsulm and Hamburg thus have a combined area of some 46,000 m². A satellite site in Bielefeld currently adds another 13,500 m² or so. In Hamburg, the new site’s close proximity to the port will unburden road transport of IT products coming into Germany by sea. The bulk of orders from customers located in the north and east of Germany will also ship via the new Bechtle hub. In this way, Bechtle is not only shortening its supply chain but also enabling a dramatic reduction of its carbon footprint. First established in 1983, the IT company is planning to have the site set up and

BSA | The Software Alliance, the leading advocate for the global software industry before governments and in the international marketplace, today announced that Graphisoft, PROKON, and TriNet have joined the association as global members. “It has been a pleasure to work with both Graphisoft and PROKON as BSA members in the APAC and EMEA regions respectively, and I look forward to growing these partnerships even further at a global level,” said Victoria Espinel, President and CEO of BSA. “Graphisoft and PROKON are at the forefront of digital transformation in the architecture, engineering, and construction fields, applying emerging software technologies like AI and advanced data analytics to solve today’s challenges. “I am also excited to welcome TriNet, a leader in comprehensive HR solutions for small and medium-sized businesses, to BSA as a global member. TriNet’s more than three decades of experience supporting the small business sector in various industries will be a vital

Inspectorio, creators of an AI-powered collaboration platform for quality control, tracking and compliance across the production chain, and CGS, a global provider of business applications, enterprise learning and outsourcing services, today announced a global sales, marketing and product partnership. This agreement will make it easier for manufacturers, suppliers and retailers to align internal shop floor control (SFC) operations with external quality, compliance and on-time delivery (OTD). The partnership will improve the value proposition for the companies by combining CGS’s BlueCherry® Shop Floor Control technology with Inspectorio’s Sight quality management system. Bringing together the two platforms will give customers greater visibility into the supply chain and manufacturing. Seamless integration will bring CGS SFC production data into Inspectorio quality control dashboards. As a result, suppliers and manufacturers get end-to-end visibility with real-time production tracking. “Now more than ever, every player along the value chain – from suppliers and manufacturers to retailers and customers – is demanding visibility,

Jama Software®, the leading requirements management and traceability solution provider, has partnered with Sparx Systems to release a native integration between Enterprise Architect through Pro Cloud Server and Jama Connect®. Jama Software’s industry-leading platform helps organizations manage requirements with Live Traceability™ through the systems development process for proven cycle time reduction and quality improvement. Sparx Systems is a leading integrated modeling and collaboration platform aimed at creating, sharing, and verifying models as a reference for building complex systems. The seamless integration provides a real-time synchronous connection to the Enterprise Architect repositories. Users can work on the same model, at the same time, from anywhere in the world. Teams using a model-based systems engineering (MBSE) approach are provided an integration into another best-of-breed tool while maintaining Live Traceability within Jama Connect. Live Traceability between Jama Connect and Enterprise Architect provides systems engineers, business analysts and software developers with real-time visibility between requirements and system

Tata Consultancy Services (TCS), has won two 2021 Google Cloud Partner of the Year Awards: Industry Solution Partner of the Year for Retail and Global Diversity & Inclusion Partner of the Year. TCS won the Google Cloud Industry Solution Partner of the Year Award – Retail for its deep cloud transformation experience with retail market leaders, and for its comprehensive and compelling digital solutions that are transforming the industry. The TCS Algo Retail™ suite of products and platforms enables retailers to seamlessly integrate and orchestrate data across the retail value chain, harnessing the power of analytics, AI, and machine learning on Google Cloud to unlock exponential business value. It includes: TCS Optumera™, a retail and supply chain optimization platform that curates unified price, promotion, and markdown strategies to improve customer price perception, execute omni-channel pricing autonomously and drive profitability. TCS OmniStore™, a unified commerce platform drives a seamless and unified customer experience with connected context