CIMdata Blog

Bechtle has announced plans to construct a new home for three of its subsidiaries in Neu-Ulm on the city’s IT campus, close to the University of Applied Sciences Neu-Ulm (HNU), the ratiopharm arena and the Wiley-Mitte sports and leisure park. The City of Neu-Ulm yesterday passed the necessary resolution adopting the development plan, thus securing an excellent site for the next IT future hub for Germany’s largest IT system house. Ground is set to be broken in mid-2024 on what will become a highly-modern, seven-storey office building covering approximately 5,000 m² and offering space for some 300 employees. Once completed in 2026, the new site will become home to Bechtle IT System House Ulm, Langenau-based CAD/PLM specialist Solidpro, and the network and IT security specialist Bechtle Network & Security Solutions. With the new hub, Bechtle is creating a modern working environment that fosters creativity and collaboration between the three companies. Bringing

Cadmatic Software Solutions Pvt. Ltd and the Electrical Engineering Department of DKTE have inked an MoU whereby the institute will be the first educational centre in India for CADMATIC Electrical. The MoU covers collaboration in the field of digital and intelligent 3D-based design and information management software solutions for electrical engineering. The main objective of this initiative is to provide technology education to students and to ensure that future engineers are well equipped with technology skills that Indian industrial employers value. The DKTE'S Textile & Engineering Institute, Ichalkaranji provides quality technical education with adequate industrial exposure with its innovative teaching methods. The institute will include a special certification course on CADMATIC Electrical in their curriculum where they will teach their students with CADMATIC Electrical.  "Roshansingh Navlur, Director (India & SEA), Cadmatic said “We believe in educating the next generation with the latest technologies as this partnership will benefit the students and provide the

ALLPLAN, global provider of BIM solutions for the AEC industry, will host the virtual event Build the Future - Architecture in Digital Transformation on March 22 and 23, 2023, presenting numerous architectural highlights and insights from Germany, Austria and Switzerland. How can the current challenges of the construction industry be mastered with creativity, digital technologies and software from ALLPLAN, and furthermore create outstanding architecture? This is the question addressed by the two-day virtual event "Build the Future - Architecture in Digital Transformation" on March 22 and 23. On the one hand, twelve exciting lectures by architects for architects will take a close look at the most important topics relating to their daily work. On the other hand, Allplan experts will show what ALLPLAN's "Design to Build" product strategy offers for the architecture sector and how Allplan contributes to optimal buildability, for example with optimized workflows, fast modeling or impressive visualizations. "Industrialization and

Uptake, a leader in predictive analytics software-as-a-service (SaaS), announced it will take part in Geotab Connect 2023 from Feb. 5-8, 2023, at the Hyatt Regency in Orlando, FL. Jim Rice, Uptake’s Senior VP of Transportation, and Jenna Dobrovolny, VP of Marketing, will give a presentation titled “Your Fleet Competes,” providing insights into how fleets can maximize their already available data to increase vehicle uptime and efficiency in the face of current industry challenges. The presentation will take place at 2:30 p.m. ET on Feb. 6 at 2:30 PM on the Marketplace Side Stage. Additionally, Uptake is co-sponsoring a special event hosted by Assured Telematics (ATI) on Feb. 6 from 6:30 – 9:30 p.m. in the Orchid Room. The event is a Geotab technology learning and fleet networking opportunity exclusive to ATI customers. Interested customers can register here. “We are honored to play a prominent role in this year’s Geotab Connect,” said Kayne Grau, CEO of Uptake. “Predictive maintenance technology is essential

ADDNODE GROUP’S GROWTH STRATEGY IS CREATING VALUE FOURTH QUARTER SUMMARY, OCTOBER–DECEMBER 2022 Net sales increased by 60 per cent to SEK 1,786 m (1,114), of which 18 per cent was organic. Currency-adjusted organic growth was 13 per cent. EBITA increased to SEK 200 m (148), and the EBITA margin was 11.2 per cent (13.3). Operating profit rose to SEK 149 m (106), and the operating margin was 8.3 per cent (9.5). Profit for the period increased to SEK 103 m (80). Earnings per share increased to SEK 0.77 (0.60). Cash flow from operating activities increased to SEK 261 m (257). Elisabeth Forslin appointed Head of M&A. Acquisition of the operations of JBL Technologies of the USA, with net sales of SEK 15 m. The Board of Directors proposes a dividend of SEK 1.00 (0.75) per share. SUMMARY OF SIGNIFICANT EVENTS AFTER THE END OF THE REPORTING PERIOD Acquisition of FAST2 Affärssystem in Sweden, with net sales of approximately SEK 80 m. Addnode Group

American Software, Inc., a leading provider of innovative AI-powered supply chain management and advanced retail planning solutions, announced that it will release its Third Quarter Fiscal Year 2023 preliminary financial results after the U.S. financial markets close on Thursday, February 23, 2023. In conjunction with the release, the company will host a conference call at 5:00 pm ET to discuss its results with the investment community. A live webcast and replay of the call will be accessible via the investor relations page of American Software’s website at www.amsoftware.com/investor-relations. American Software’s Third Quarter Fiscal Year 2023 Preliminary Financial Results Earnings CallDate: Thursday, February 23, 2023 Time: 5:00 pm ET Location: www.amsoftware.com/investor-relations To view the original press release, please click here. Search for American Software on CIMdata.com

Autodesk, Inc. announced it will broadcast its fourth quarter fiscal 2023 financial results conference call via its website Thursday, February 23, 2023, at 2 p.m. Pacific Time. Autodesk will host a live webcast call Thursday, February 23, 2023, at 2 p.m. PT at autodesk.com/investors. An audio replay webcast will also be available after 5 p.m. PT on Autodesk’s website at autodesk.com/investors. Autodesk will also be hosting its Digital Investor Day on Wednesday, March 22, 2023, at 8 a.m. PT. More information will be available on autodesk.com/investors. To view the original press release, please click here. Search for Autodesk on CIMdata.com

Desktop Metal, Inc., a global leader in additive manufacturing technologies for mass production, announced an additional $50 million cost-reduction plan for 2023 that will prioritize investments and operations in line with near-term revenue generation, positioning the company to achieve its long-term financial goals. A key part of the cost reduction plan is a sweeping effort to streamline and consolidate several locations in the United States and Canada into four hubs in Massachusetts, Pennsylvania, Texas, and the Midwest. Today’s announced cost reduction plan also includes a workforce reduction of approximately 15%. This plan, along with the cost optimization and strategic integration initiative commenced in June 2022, is expected to deliver annualized savings of $100 million in 2023. Desktop Metal will provide more detail on the progress of this effort throughout the year. “These cost reductions will help us improve margins and reduce costs to accelerate our path to profitability. The Additive Manufacturing industry continues to

Honeywell announced results for the fourth quarter and full year 2022 that met or exceeded the company's original guidance despite a challenging operating environment. The company also provided its outlook for 2023. The company reported fourth-quarter year-over-year sales growth of 6% and organic1 sales growth of 10%, or 11% excluding the impact of the wind down in operations in Russia4, with another quarter of double-digit organic sales growth in Honeywell Building Technologies, Performance Materials and Technologies, and Aerospace. Demand remained strong, with closing backlog5 of $29.6 billion, up 7% year over year. Fourth-quarter operating margin expanded 220 basis points to 19.7%, or 240 basis points excluding the year-over-year impact of Quantinuum. Segment margin1 expanded 150 basis points to 22.9%, or 180 basis points excluding the year-over-year impact of Quantinuum1, led by another strong quarter of margin expansion in Safety and Productivity Solutions and Honeywell Building Technologies. Honeywell delivered fourth-quarter earnings per share of $1.51, down 26% year over year,

About this release We are glad to announce the release of v22.1.6. For those still working with v22.1.x series, the launch of the new version is an excellent opportunity to update your processes with tools of bulletproof reliability. Follows a selection of the most important items: Known issues resolved in ANSA CAD Translators CATProducts of R32 no longer lead to error, thanks to the integration of the updated CT libraries (CT_2022_SP4) in the new release. CAD Import / Export The Product Tree Editor would cease to respond during parts' selection in the list, while trying to highlight them in the viewer. In addition, the META Viewer would only interact (e.g., via Show, Hide, Show only) with the tab of the Product Tree Editor that was active when the viewer was launched. Modular Run Management Significant speed-up has been achieved upon opening the Renumber Tool, in models that contain Subsystems with per-type numbering rules, as well as in functions that modify