CIMdata Blog

PTC announced that it has extended the term of the executive agreement with Chief Executive Officer James (“Jim”) Heppelmann for an additional three years through the company’s fiscal year 2026. In parallel, Michael (“Mike”) DiTullio, President of PTC’s Digital Thread group, has been promoted to company President and Chief Operating Officer. In this expanded role, Mr. DiTullio will oversee product development, sales and marketing, customer success, strategy, and IT across both the Digital Thread and Velocity groups. Mr. DiTullio will continue to report to Mr. Heppelmann. “Over the last 12 years under Jim’s visionary leadership, PTC has evolved and transformed by establishing category leadership in the product lifecycle management (PLM) market, broadening and deepening its industry-leading technology portfolio, transitioning to a subscription business model, and pioneering the SaaS transformation of our industry,” said Bob Schechter, Chairman of PTC’s Board of Directors. “This incredible transformation significantly accelerated top-line growth while dramatically increasing profitability,

Sandvik has appointed Sofia Sirvell as Chief Digital Officer (CDO) for the Sandvik Group and new member of the Group Executive Management as of March 1, 2023. Sofia Sirvell, born in 1974, is currently Sandvik Group Chief Information Officer (CIO), a position she has held since 2021.Prior to joining Sandvik, she was the Deputy CTO at H&M Group, where she had a leading role in the fashion company’s digital transformation. In the CDO role, she will continue the digital transformation of Sandvik and support collaboration across the Group to enhance digital capabilities and IT. Sofia Sirvell will continue to lead the global Group IT organization and report to Stefan Widing, CEO and President of Sandvik. “There is a strong strategic focus to deliver on the digital transformation of Sandvik, which entails both developing our digital customer offering and strengthening the digital capabilities across Sandvik. The global support function for IT plays a key role

Tecsys Inc., an industry-leading supply chain management and omnichannel commerce software company, announced marketing veteran Shannon Karl has joined the company as Chief Marketing Officer. Karl brings over 25 years of executive marketing experience developing and executing strategic B2B marketing, communications and demand generation plans for enterprise SaaS solutions.  In her new role, Karl will execute Tecsys’ verticalized go-to-market strategy, leading the organization’s global marketing initiatives across all aspects of product marketing, demand generation, partner marketing and corporate communications.  “I am thrilled to join Tecsys and help drive this next chapter of growth for the organization,” says Karl. “Tecsys has an impressive legacy of solving real business problems through customer-driven innovation, and my goal is to build on this strong foundation to scale and expand our position in the market. I look forward to working with the team to bring our customers the best possible tools to run their supply chains.” Shannon comes

The Board of Directors of Capgemini SE, chaired by Paul Hermelin, convened on February 20 in Paris to review and adopt the accounts of the Capgemini Group for the year-ended December 31, 2022. Aiman Ezzat, Chief Executive Officer of the Capgemini Group, said: “This is another record year for our Group, with 16.6% constant currency growth and 13.0% operating margin*. We ended 2022 with good momentum despite a less favorable economic environment. Therefore, we enter 2023 on a solid footing. This excellent performance is the result of our increased client intimacy and the remarkable commitment of our 360,000 team members. In 2022, we accelerated our investments in innovation, in digital & cloud and in our sustainability services. We also reinforced our attractiveness to recruit the best talents. As part of our ESG commitments, the average number of training hours per employee increased by 12% this year and the carbon footprint per employee was 46% lower than in

Velo3D, Inc. — a leading additive manufacturing technology company for mission-critical metal parts, announced that it will release its fourth quarter 2022 financial results after the market close on Thursday, March 2, 2023. The company will host an earnings conference call and webcast to discuss its financial results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time the same day. The U.S. dial-in for the call is (877) 704-2771 and (201) 689-8732 for non-U.S. callers. Please ask to be joined to the Velo3D call. The live webcast of the call can be accessed from the Events page of the Investor Relations section of Velo3D’s website at ir.velo3d.com, along with the company’s earnings press release and presentation which will be posted prior to the start of the conference call. To view the original press release, please click here. Search for Velo3D on CIMdata.com

Siemens Digital Industries Software has announced that it has signed an agreement to sponsor a multi-year Academic Chair for funding research activities with Centrale Nantes University (”Centrale Nantes”) to continue its research into Smoothed-Particle Hydrodynamics (SPH). The arrangement provides funding to Centrale Nantes to support and enhance the computational fluid dynamics (CFD) simulation capabilities of Siemens’ Simcenter™ software. Simcenter is a flexible, open, and scalable solution combining predictive simulation and test applications and is a key component of the Siemens Xcelerator portfolio. Centrale Nantes, founded in 1919, trains versatile engineers to a very high scientific and technical level. Beyond this renowned training, with the support of numerous strong institutional and industrial partnerships,Centrale Nantes produces world-class academic and applied research. Centrale Nantes’ Research Laboratory in Hydrodynamics, Energetics and Atmospheric Environment (LHEEA) is an internationally recognized leader in CFD and Smoothed-Particle Hydrodynamics (SPH). SPH is a more efficient than traditional methods of simulating

Tata Consultancy Services (TCS) has been selected by Telefónica Germany, a leading integrated telecommunications provider in Germany, to help the latter transform its end to end service assurance applications and processes within its Operations Support Systems (OSS) stack and further enhance customer experience. Telefónica Germany envisions driving innovation with continuous digital transformation to enhance people’s lives and deliver connectivity to individuals and businesses. Towards realizing this vision, the telecom operator selected TCS as its transformation partner to build a future-ready OSS to offer customers a reliable, resilient, and secure network experience. TCS will leverage best-in-class methodologies – Agile, DevOps, Continuous Integration, and Continuous Deployment, and Continuous Testing (CI/CD/CT) framework and its deep cloud expertise to modernize the OSS service assurance application estate using cloud-native technologies and AI/ML to predict and pre-empt network faults. This will enable Telefónica Germany to implement zero-touch cloud-based operations and provide consumers with a more resilient network service.

WEISS introduces CONTACT CIM Database PLM as the group’s new global PLM system. This enables the automation expert to map its CTO and ETO processes end-to-end and take into account the increasing product variety early on in the engineering process.  With its innovative automation solutions, WEISS GmbH is one of the world’s leading system suppliers for the automotive industry, mechanical and plant engineering, life sciences, and electronics. Their reliable and durable rotary indexing tables, handling units, delta robots, and linear transfer systems pave the way for the industrial production of the future. The family-owned company is active worldwide and headquartered in Buchen, Germany. Founded in 1967, their 700 employees now operate sales, service, and manufacturing locations in 49 countries.  WEISS relies on CONTACT Software’s CIM Database PLM to optimize its global PLM processes and standardize the different product data storage systems within the group. WEISS was particularly impressed with the consistency and expandability of

Cadence Design Systems, Inc. announced the availability of 13 new Verification IP (VIP) solutions that enable engineers to quickly and effectively verify their designs to meet the specifications for the latest standards protocols. The new Cadence® VIP offerings empower customers to confidently develop their next-generation automotive, hyperscale data center and mobile SoCs and microcontrollers while keeping pace with the latest industry standards, including Arm® AMBA® 5 CHI-f, Universal Chiplet Interconnect Express™ (UCIe™), GDDR7, DDR5 DIMM, MIPI® A-PHY® and SoundWire® I3S, and USB4 2.0 interfaces. The new Cadence VIP offer customers a comprehensive verification solution for the most complex protocols. Cadence customers have access to a consistent application programming interface (API) across all VIP with complete bus function models (BFMs), integrated protocol checks and coverage models, facilitating rapid adoption. The VIP support multiple application areas and specifications, including: Hyperscale data center: UCIe AMBA 5 CHI-f DTI Latest version of DDR5 DIMM Automotive: MIPI A-PHY 1.1 CAN XL Flash ONFI 5.1 Consumer and mobile: USB4 2.0 GDDR7 MIPI SoundWire I3S (SWI3S) Latest version of

Centric Software® is delighted to announce the release of a success story about its customer, Wildfang.    Founded in 2012, Wildfang is headquartered in Portland, Oregon. Their mission is to answer the question: why is the fashion industry still clinging to outdated gender norms that serve no one? The company evolved from a third-party retailer to private label to ultimately producing the garments they envisioned. Corporate values are strong: they aim for inclusivity and achieved climate neutrality in August 2022. Wildfang was looking to drive efficiency into product development as well.    As the company grew and the number of SKUs expanded, human error while using spreadsheets began to increase. With no central management of data, work was being duplicated and when something was modified, changes had to be made in multiple places. Kelly Hickman (she/her), Production Manager at Wildfang says, “It was a really high-risk and super inefficient process, especially as we’re growing so