CIMdata Blog

Digital Twin Consortium® (DTC) announced its Technology Showcase, a reference library of use cases and case studies demonstrating the value of digital twins at the different phases of the lifecycle. The reference library provides insight into various digital twin technologies, building blocks, methodologies, and techniques, based on domain-specific scenarios with value-driven outcomes. “This marks a critical stage for DTC as members are moving from the conceptual stages of digital twins and their design and applying them to address real-world needs,” said Ron Zahavi, Executive Director of DTC. “These initial use cases of our technology showcase highlight the significant value digital twins provide to achieve transformational business outcomes,” said Dan Isaacs, DTC GM, and CTO. “Our members and liaisons collaborate to architect, develop, test, deploy, and maintain digital twin-based solutions.” “The use cases demonstrate concepts that are immediately useful for commercialized environments for near-term value,” said John Reynolds, CEO of the Agile Fractal Grid and

Accenture has made a strategic investment, through Accenture Ventures, in Forma Vision, a provider of live-streamed, volumetric video technology that enables 3D holographic images of people, objects and environments to be beamed into the metaverse from any office, home or other location. Until now, the metaverse opportunity has been constrained to enterprise use cases appropriate for avatar-to-avatar interactions. Now, using Forma Vision’s low-cost, live-streaming volumetric video technology, enterprises of any size can teleport people, places and things into their metaverse experience. For example, Accenture and others have conducted executive town-halls, training, and small group meetings using Forma Vision. “Accenture sees the metaverse as an evolving and expanding continuum of technologies that will increasingly blur the boundary between the physical and the digital and transform the way businesses and consumers interact,” said David Treat, senior managing director and global lead of Accenture’s Metaverse Continuum business group. “We believe Forma Vision’s volumetric video technology will enable

Atos, a global leader in digital transformation, announces that is has entered into exclusive negotiations with Mitel Networks (“Mitel”) for the sale of its Unified Communications & Collaboration Services businesses (“Unify”). This constitutes a new step in the implementation of the Atos divestment program as announced at the Group’s Capital Markets Day in June 2022. “We are pleased with this announcement, which marks another important step in the execution of our divestment program and brings us closer to the c. €700 million target that we set 7 months ago. Moreover, it is a further testimony that we are delivering on our ambitious transformation plan at pace" added Diane Galbe, Senior Executive Vice President, Atos. Unify offers on-premises Unified Communications solutions, cloud-based Unified Communications-as-a-Service (UCaaS) and Cloud Contact Center-as-a-Service (CCaaS) solutions. With revenues of approximately €550 million and c. 3,000 employees worldwide, Unify provides a wide range of managed and professional services, serving c. 40m users

ALICE Technologies announced that it has hired former Autodesk Construction Solutions executive Morgan Hays as Senior Vice President, Product. ALICE Technologies’ construction optioneering platform helps general contractors and owners worldwide to leverage the power of artificial intelligence to plan, bid, and build their large-scale infrastructure and commercial projects more efficiently and with reduced risk. At ALICE, Hays will be responsible for setting product direction, and scaling and leading a global team of product managers and designers. Hays and his team will work in close collaboration with the ALICE engineering team to continue building out the company’s innovative construction optioneering solution. Before joining ALICE, Hays led product management for a portfolio of five B2B SaaS products within Autodesk Construction Solutions. Previously, he held senior product roles at companies such. as TiVo, Deluxe Entertainment Services Group, and Cablevision. Hays also co-founded Layer3 TV, a virtual cable TV start-up that was acquired by T-Mobile in 2017. “With

CoreLogic® announced that Selma Hepp has been appointed as Chief Economist. Selma was named Interim Chief Economist in July 2022. Prior to her interim role, Hepp served as an Executive of Research and Insights in the Office of the Chief Economist. Selma leads the economics team, which is responsible for analyzing, interpreting and forecasting housing and economic trends in real estate, mortgage and insurance. “I am honored and thrilled to lead our team as we continue to generate industry-leading, data-driven insights and thought-provoking perspectives on all things housing. Given the challenges of today’s housing market, CoreLogic’s depth, wealth and consistency of data position us to provide clear and actionable views on the property ecosystem and bring value to our clients and broader markets,” said Hepp. Prior to joining CoreLogic in 2020, Hepp was Chief Economist and Vice President of Business Intelligence for Pacific Union International, later acquired by Compass, where she oversaw the

Cosmo Tech, the world’s leading developer of Simulation Digital Twin technology, has welcomed two new investments from global professional services company Accenture and Sam George, former Corporate Vice President at Microsoft. Mr. George has also joined the Cosmo Tech Board. In an era where uncertainty reigns and where organizations seek resilience in the face of global shocks, Accenture and Cosmo Tech’s collaboration is built on a common vision on the best way to ensure robust, proactive decision-making. The combination of Cosmo Tech’s advanced simulation technology and Accenture’s technology expertise and industry experience can unlock enormous value for enterprise organizations in today’s complex world. Cosmo Tech helps corporations in the manufacturing, supply chain and energy sectors to address their most pressing asset, investment, and operational challenges. With partners that include Microsoft and SAS, Cosmo Tech already counts Europe’s largest electricity transmission network, the cable and optical fiber leader and some of the world’s largest manufacturers of

The Nemetschek Group, one of the global leading software providers for the construction and media industries, participated in a financing round for the robotics startup KEWAZO. The investment is a strong continuation of the Nemetschek Group’s venture strategy of driving efficiency and innovation in the construction industry. Stakeholders in the construction industry are facing acute challenges: rising prices for raw materials, labor shortage, and a high pressure on productivity often result in cost overruns and low efficiency in construction projects. KEWAZO’s robotic products enable the automation and digitalization of the on-site material flow by combining robotics and data analytics. By being involved in critical on-site activities, the robotic products of KEWAZO collect key operational data. This data is then processed and provided to customers as actionable insights via the data analytics platform, enhancing the transparency of what happens on-site at construction sites and industrial plants. The results are a data-driven and proactive project

Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) in collaboration with IBM formally launched an AI Center of Excellence on Tuesday, January 17, as part of Abu Dhabi Sustainability Week’s World Future Energy Summit. The Center aims to advance collaboration to improve the adoption of AI technology and help drive sustainability. The Center will develop carbon neutral solutions to existing energy supplies, combat climate change, and further natural language processing (NLP) for Arabic dialects. Experts from IBM and MBZUAI plan to focus on decarbonization, with advanced research into climate change mitigation and adaptation. Joint research teams will work on the development of foundational AI models, which could help inform the deployment of clean and renewable energy in the electrification of multiple sectors across the economy. This approach will set the stage for use of carbon neutral solutions while also enabling adaptation and resiliency. The AI Center of Excellence will also work to improve NLP for Arabic dialects, making AI more accessible and flexible for Arabic speakers. Improving NLP

Matterport, Inc. released the company’s first Environmental, Social, and Governance (ESG) report that assesses the impact of Matterport’s products and programs toward driving sustainable and equitable outcomes. The report, based on 2021 data, provides a benchmark to establish company-wide ESG goals and commitments. The topline environmental findings confirm Matterport’s digital twins are highly effective at helping customers achieve sustainability goals. Matterport's revolutionary technology allows for the creation of high-precision, immersive 3D digital twins of millions of buildings and other real-world locations, enabling people globally to work smarter and more sustainably by reducing the need for business travel and easing the strain on the environment. The company commissioned independent carbon accounting experts, Minimum, to calculate the emissions reduction potential of using Matterport's digital twin platform. The findings were compelling, revealing a significant reduction in emissions through the use of Matterport's digital twin technology:  In 2021, Matterport’s solution helped customers prevent an estimated 374,312

Tango, the leading provider of Integrated Workplace Management Systems (IWMS) and Store Lifecycle Management (SLM) solutions, announced Sebastian Peluffo, has joined the company as Chief Financial Officer. Mr. Peluffo will be replacing Tango’s long-time Chief Financial Officer Mark Wise, who recently announced his retirement after 11 years with the company. Peluffo is a seasoned executive who brings more than 25 years of global accounting and finance experience to Tango. Most recently, he was Chief Financial Officer at Symphony Retail AI, a provider of end-to-end, integrated AI-powered merchandising, marketing and supply chain solutions for retailers and CPG manufacturers. Prior to that, he was Director of Finance at Solera, Inc, a global leader in vehicle lifecycle management. He began his career at PwC, where he provided tax, legal, and auditing services for more than 10 years. “First, I wish Mark well in his retirement. He played an integral role in the growth and success