CIMdata Blog

Informatica, an enterprise cloud data management leader, announced financial results for its fourth quarter and full-year 2022, ended December 31, 2022. “Our solid fourth-quarter performance capped a year in which we delivered cloud ARR and subscription ARR above expectations. We achieved new annual milestones that surpassed $1.5 billion in total ARR and total revenues and $450 million in cloud ARR. Our performance demonstrates the durability of our business model and our diligent execution to deliver balanced growth and profitability,” said Amit Walia, Chief Executive Officer at Informatica. “Looking ahead, we are focusing on a cloud-only, consumption-driven strategy that is part of a multi-year plan driving new cloud business. With this strategy, we expect to streamline operational efforts as we aim to significantly improve operating leverage in 2023 and beyond.” Fourth Quarter 2022 Financial Highlights: GAAP Total Revenues decreased 2% year-over-year to $398.8 million. Fourth quarter total revenues included a negative impact of approximately

Lectra’s Board of Directors, chaired by Daniel Harari, reviewed the consolidated financial statements for the fiscal year 2022. Audit procedures have been performed by the Statutory Auditors. The certification report will be issued at the end of the Board of Director’s meeting of February 23, 2023. To facilitate the analysis of the Group’s results, the financial statements are compared to those published in 2021 and to the 2021 pro forma financial statement (“2021 Pro forma”), prepared by integrating the three acquisitions made in 2021 – Gerber Technology (“Gerber”), Neteven, and Gemini CAD Systems (“Gemini”) – as if they had been consolidated from January 1, 2021, whereas they have been consolidated since June 1, July 28 and September 27, 2021 respectively. GREAT RESILIENCY IN A DEGRADED ENVIRONMENT 2022 was significantly marked by the war in Ukraine and its consequences. As soon as the conflict began, the Company decided to cease its operations in Russia,

Synopsys, Inc. reaches scale for AI-driven chip designs as major semiconductor customers register the first 100 commercial tape-outs with the company's award-winning Synopsys DSO.ai™ autonomous design system. Recent customers, including STMicroelectronics and SK hynix, have all seen significant uplifts in productivity and PPA, and are now charting a new design course using reinforcement learning-enabled design tools on cloud and on-premise. By using Synopsys DSO.ai (Design Space Optimization AI) the companies are setting a blistering pace for the development of advanced-node chips through the key design phases. Results from customers since the launch of Synopsys DSO.ai speak for themselves: more than 3x productivity increases, up to 25% lower total power and significant reduction in die size, with reduced use of overall resources. STMicroelectronics (ST), a global semiconductor leader serving customers across the spectrum of electronics applications, is using cloud-based versions of DSO.ai to generate extra momentum on the most intensive design phases. STMicroelectronics taped-out using Synopsys

Ansys is extending its long-term strategic collaboration with Microsoft to accelerate virtual product design through expanded cloud-based access to Ansys’ simulation solutions and computer-aided engineering (CAE) tools. As a next step, Ansys will develop a new offering that will enable customers to launch Ansys products using their Azure enrollment and connect third-party tools more easily. As an integral component of the collaboration, Ansys will expand its go-to-market strategy with Microsoft, including digital twins connected to the internet of things, autonomous driving and flying systems development, and the use of simulation data to train artificial intelligence/machine learning (AI/ML) systems. Mutual customers who migrate to the cloud can increase productivity, reduce in-house technology costs, and improve virtual collaboration. Ansys Access on Microsoft Azure will be a new offering available on the Azure Marketplace that will provide an alternative to Ansys’ current managed cloud offering, Ansys Cloud Direct, which also runs on Azure. This new

Aspen Technology, Inc., a global leader in industrial software, announced it has combined its AIoT Hub with inmation Software to create an expanded business unit. Now known as AspenTech DataWorks, the rebranded business unit provides customers with a singular solution to access and manage their industrial data, whether at the plant level or enterprise wide, in support of their digital transformation strategies. “A holistic data management strategy is the foundation of a successful digital transformation journey,” said Nicole Rennalls, VP and General Manager of AspenTech DataWorks. “Our customers need a flexible, scalable solution to harness the huge amounts of data being generated across the enterprise. AspenTech DataWorks provides this and uniquely meets the needs of the executive suite and plant floor, all at once.” Asset-intensive industries looking to maximize value from industrial data often are challenged to do so securely and economically as the data is often trapped in different silos across

Joan Allen of Autodesk announced that the January update of Autodesk BIM 360 Document Management includes enhancements to Archiving Reviews, Editing Naming of Active Reviews, Creating Transmittal from Closed Reviews, and Choosing “Time Allowed” type for Reviews. Read the full details of this update here: https://blogs.autodesk.com/bim360-release-notes/2023/02/08/document-management-january-2023/ To view the original press release, please click here. Search for Autodesk on CIMdata.com

Blackline Safety Corp., a global leader in connected safety technology, announced the launch of its first European Union (EU)-based service centre.  As Blackline has achieved 118% revenue growth over the last two years in Europe, the service centre is designed to meet heightened customer demand across the region. The facility occupies a dedicated area within Blackline’s French site, strategically located in the industrial heart of north-eastern France near Lille, and is staffed by an established in-house team of technical and product specialists. Blackline will provide local customer service and offer rentals for Europe out of the centre. “With an expanding customer base across Europe, Blackline recognises the need for dedicated regional support in the EU,” said Simon Rich, Sales Director, Blackline Safety Europe. “Our connected safety wearables and area gas monitors offer a high degree of configurability for a variety of job functions and situations, as well as over-the-air firmware updates which can significantly reduce downtime, and the cost

L&T Technology Services Limited, a leading global pure-play engineering services company, has unveiled a new suite of offerings centered around Industry 4.0 technologies for key verticals like transportation, medical devices and hi-tech and making use of latest innovations in Artificial Intelligence (AI), robotics, 3D-vision systems, and connected machines. LTTS’ team of engineers is developing implementable services and solutions on transformational technologies to usher in the new manufacturing age for customers in North America. To this end, the Company recently launched a new center of excellence in its Peoria, Illinois design center to offer turnkey solutions that combine customer product concepts with LTTS' design, simulation, proof of concept, and prototyping capabilities. Named as 1DigitalPlace Center of Excellence, the Peoria CoE will leverage next-generation manufacturing technologies and enable customers to redefine their product journeys. The areas of applications include AI, robotics, 3D-vision systems, and connected machines. With a focus on communicating machine language with cutting-edge Manufacturing Execution

Taking aim at narrowing the global semiconductor industry talent gap, SEMI announced a new online learning platform designed to support industry efforts to train and upskill employees and help incoming talent establish their careers. The new SEMI University™ platform launches with more than 360 courses created for the industry, providing an easy-to-use online semiconductor training program for employees ranging from recently hired facility operators to experienced technicians, engineers and non-technical staff. SEMI University offers semiconductor courses on front-end and back-end manufacturing operations, principles of chip design and workplace safety. The platform also includes classes to help learners keep pace with rapidly evolving technologies such as artificial intelligence (AI), MEMS and optoelectronics. SEMI University provides flexibility for users to pause and restart courses later, and the platform includes courses in multiple languages and will add more. “With the global semiconductor industry expected to nearly double in annual revenue to $1 trillion around the end

Schneider Electric, the leader in the digital transformation of energy management and automation, launched its new Industrial Digital Transformation Services, during the 27th Annual ARC Industry Leadership Forum, taking place in Orlando, Florida, from February 6-9. The specialized global service is designed to help industrial enterprises achieve future-ready, innovative, sustainable, and effective end-to-end digital transformation. Based on a proven and scalable methodology for impactful industrial digitalization, services include discovery, diagnosis, strategy, design, implementation, and ongoing customer success. Industrial enterprises can now draw on Schneider Electric’s deep industrial and energy domain expertise, supported by its suite of industrial software capabilities, to achieve demonstrable impact across a range of targets, including: operational efficiency and workforce empowerment sustainability and energy efficiency asset optimization cybersecurity In addition to industrial digital transformation services for its customers, Schneider Electric is one of the few companies in the world that has earned multiple distinctions of 4th Industrial Revolution (4IR) Advanced Lighthouse by the World Economic Forum for its own global smart factories and distribution centers.