CIMdata Blog

Altair, a global leader in computational science and intelligence is pleased to announce Future.Industry 2023, the company’s flagship annual event, that will take place virtually on March 8-9. The event will explore the latest megatrends impacting our world, and dive into how the convergence of simulation, high-performance computing (HPC), AI, and data analytics can unlock the full potential of organizations’ technology investments. “Future.Industry is the biggest event of the year for Altair, where we – alongside some of the world’s top thinkers – showcase the creative disruption, technologies, and ideas that are revolutionizing the way people live and work,” said James R. Scapa, founder and chief executive officer, Altair. “We look forward to exploring the innovations that drive positive change in all corners of the globe and in all industries.” Featured speakers and topics:  Sheryl Connelly, futurist and global consumer trends expert:“Demystifying the Future” Sandy Carter, senior vice president and channel chief, Unstoppable Domains:“The Metaverse,

Infosys Foundation USA, a non-profit organization focused on bridging the digital divide in America, today announced the 2023 edition of its Crossroads conference series, which will be held from February 7-10th at the Infosys Tempe Innovation Hub on the Arizona State University campus. The invitation-only conference brings together over 200 distinguished participants from local and regional government, the business community, non-profit sector, and K-12 and higher education instructors to discuss ways to expand computer science education and digital skills for underrepresented communities. The event will also feature an evening reception at the Arizona Heritage Center to raise money for the Boys and Girls Club of the Valley, with the Infosys Foundation offering match donations. “The future is digital. Employers – in Arizona and across the nation – expect the upcoming workforce to bring new digital skills to the table,” said Inderpreet Sawhney, Chairperson of the Infosys Foundation USA. “But with only 53% of public

Rockwell Automation, Inc. Chairman and CEO, Blake Moret, will present at Barclays Industrial Select Conference on Wednesday, Feb. 22, in Miami, Florida. The fireside chat will be webcast beginning at approximately 9:45 a.m. EST and will be available on the Rockwell Automation Investor Relations website at www.rockwellautomation.com/en-us/investors.html. To view the original press release, please click here. Search for Rockwell Automation on CIMdata.com

Rockwell Automation, Inc. Chairman and CEO, Blake Moret, will present at Citi’s 2023 Global Industrial Tech and Mobility Conference on Tuesday, Feb. 21, in Miami, Florida. The fireside chat will be webcast beginning at approximately 11:20 a.m. EST and will be available on the Rockwell Automation Investor Relations website at www.rockwellautomation.com/en-us/investors.html. To view the original press release, please click here. Search for Rockwell Automation on CIMdata.com

FARO® Technologies, Inc. announced that after market close on Wednesday, February 15, 2023, it will release its financial results for the fourth quarter and full year ended December 31, 2022. In conjunction with the release, Michael D. Burger, President and Chief Executive Officer, and Allen Muhich, Chief Financial Officer, will host a conference call on Wednesday, February 15, 2023 at 5:00 p.m. ET. Interested parties can access the conference call by dialing 800-245-3047 (U.S.) or +1 203-518-9765 (International) and using the passcode FARO. To avoid a delay in connecting to the call, please dial in 10 minutes prior to the start time. A live webcast will be available in the Investor Relations section of FARO's website at: https://www.faro.com/about-faro/investor-relations/events A replay of the webcast will be available in the Investor Relations section of the company's web site approximately two hours after the conclusion of the call and remain available for approximately 30 calendar days. To view the original press release, please click here. Search for FARO on

Trimble Inc. announced fourth quarter and fiscal year 2022 financial results. Fourth Quarter 2022 Financial Highlights Revenue of $856.5 million was down 8 percent year-over-year, and was flat year-over-year on an organic basis Annualized recurring revenue (ARR) was $1.60 billion, up 14 percent year-over-year, up 16 percent on an organic basis GAAP operating income was $96.7 million and non-GAAP operating income was $187.8 million GAAP net income was $85.6 million and non-GAAP net income was $149.9 million Diluted earnings per share was $0.34 on a GAAP basis, and $0.60 on a non-GAAP basis Adjusted EBITDA was $208.4 million, 24.3 percent of revenue Executive Quote "Trimble is a purpose-driven company, transforming and digitizing industries that support how we live, what we eat, and how we move," saidRob Painter, Trimble's president and chief executive officer. "Record revenue, annualized recurring revenue, and gross margins in 2022 demonstrate progression of our Connect and Scale strategy. We enter 2023 with resolve to continue executing our strategy while navigating macroeconomic uncertainties." Fiscal 2022 Financial Highlights Revenue of $3,676.3 million was flat year-over-year, and was up

 PDF Key takeaways In today’s global competitive markets, it is increasingly difficult for small-to-medium size manufacturers (SMEs), such as part manufacturing companies, to survive as the manufacturing and supply chain challenges become more complex. SMEs, even those with 25 or fewer employees, can now adopt modern digital manufacturing technologies and solutions once reserved for large enterprises to get the most out of their limited resources and remain competitive. Siemens Xcelerator portfolio enables creation of a digital thread and management of the product data and processes that span the complete production process, allowing manufacturers of all sizes to execute their digital manufacturing initiatives more effectively. An SME case study illustrates how a machine shop has utilized digital technologies to grow its business. Using advanced manufacturing processes powered by Siemens’ technology, they now operate up to 25% more efficiently while delivering better products and maximizing available resources. Introduction Major trends disrupting the manufacturing industry have driven the need for

AECOM, the world’s trusted infrastructure consulting firm, reported first quarter fiscal 2023 results.       First Quarter Fiscal 2023 (from Continuing Operations;$ in millions, except EPS) As Reported Adjusted1(Non-GAAP) As Reported YoY % Change Adjusted YoY % Change Revenue $3,382 -- 4% -- Net Service Revenue (NSR)2 -- $1,593 -- 8% Operating Income $152 $194 (10%) 10% Segment Operating Margin3 (NSR) -- 14.0% -- +40 bps Net Income $88 $120 (26%) (7%) EPS (Fully Diluted) $0.62 $0.86 (23%) (3%) EBITDA4 -- $224 -- 8% Operating Cash Flow $120 -- (38%) -- Free Cash Flow5 -- $84 -- (49%)           First Quarter Fiscal 2023 Highlights Revenue increased 4% to $3.4 billion, operating income decreased 10% to $152 million, the operating margin decreased 70 basis points to 4.5%, net income decreased 26% to $88 million and diluted earnings per share decreased 23% to $0.62. Organic net service revenue2growth accelerated to 8% and included 9% growth in the design business, which was driven by accelerating growth in the Americas and continued strong growth in International markets. The design business had a 1.3 book-to-burn ratio6and design backlog increased by 9%7 to a record high, including strong growth in both the Americas and International markets. The Company’s pipeline of opportunities expanded at an even faster rate than backlog and NSR, including nearly 30% growth in

Bechtle AG has published its preliminary figures for the 2022 fiscal year, exhibiting strong growth with an increase in business volume to €7.28bn, or over 16%. Revenue recorded a largely organic increase of more than 13%, and for the first time surpassed the €6bn mark. Earnings before taxes (EBT) gained more than 9% reaching approximately €350m, which translates to an expected EBT margin of 5.8% (previous year: 6.0%). On 31 December 2022, Bechtle’s workforce counted 14,046 employees, or 1,166 more than in the previous year (12,880). Performance was exceptionally good in Q4 2022. With a business volume of €2.18bn, the year’s final quarter was the best quarter yet in Bechtle’s 40-year history. Recording an over 20% jump, business volume thus kept up the fast pace of the previous quarter. Revenue increased by some 18%, while EBT in the fourth quarter was up 10% with an EBT margin of 5.7%. A surge

Velo3D, Inc. — a leading additive manufacturing technology company for mission-critical metal parts, announced preliminary, unaudited fourth quarter and fiscal year 2022 financial results. Based on the information and data currently available, the company preliminarily estimates that: For the fourth quarter ended December 31,2022, revenue will exceed the company’s previous guidance and be in the range of $29 million to $30 million. Gross margin (the company’s gross profit as a percentage of revenue) for the fourth quarter will be in line with the company’s previous guidance and will be in the range of 5.0 percent to 6.0 percent. For fiscal year ended December 31, 2022, revenue will be in the range of $80 million to $81 million and gross margin will be in the range of 3.0 percent to 4.0 percent. The company will continue to incur an operating loss for the fourth quarter and fiscal year ended December 31, 2022. The company had approximately $81