CIMdata Blog

In Tangible Benefit Ltd., Bechtle AG has acquired a lucrative value-added reseller in the United Kingdom. Founded in 1997, the London-based company has an excellent reputation and it is a well-known name in the industry, achieving revenues of some 70 million euros in the 2021/22 fiscal year. Its core business is hardware procurement including related plug-and-play services and software licensing, complemented by security and network services and lifecycle management. Tangible Benefit’s rationale for selling its profitable business is to secure a succession plan along with attractive development potential for its 66 employees. Company founder, Timothy Trotman, will remain with the company for the transition phase and will closely oversee its integration into the Bechtle Group together with James Napp, Managing Director of Bechtle direct UK, before handing over the baton. All other senior managers will remain in their current positions, guiding operations at the London office.  With this acquisition, Bechtle is

Blackline Safety Corp. ("Blackline" or the "Company"), a global leader in connected safety technology, reported record fiscal first quarter financial results for the period ended January 31, 2023. Management Commentary “Our strong Q1 growth of 34% represented our 24th consecutive quarter of strong year-over-year revenue growth, which was driven by increases in both our service and product segments increasing 39% and 29%, respectively. Our results in Q1 also displayed impressive progress and advancement of our cost reduction goals,” said Cody Slater, CEO and Chair of Blackline Safety. “Through our revenue growth and sales mix, we were able to deliver improved gross margins of 49% during the quarter, which marks our highest level since the second quarter of 2021. Looking forward, we see continued strong customer demand driving revenue growth coupled with our disciplined cost management approach enabling Blackline to achieve and sustain positive Adjusted EBITDA as we exit fiscal 2023.” “In addition, our annual recurring revenue(1) advanced 34% year-over-year to

Altair, a global leader in computational science and artificial intelligence (AI), announced the rebrand of its entire data analytics and AI suite as Altair RapidMiner, uniting all data analytics technology into one platform. Following the acquisitions of RapidMiner and World Programming, the Altair RapidMiner platform offers comprehensive end-to-end solutions from data ingestion and modeling to operationalization and visualization. Additionally, the platform is now available via Altair Units, delivering a new generation of Frictionless AI capabilities to customers. "Altair RapidMiner removes barriers to effectively connect three of an organization's most important assets: data, people, and processes. With an unrivaled and complete set of tools to transform organizations, we are paving the way to a frictionless future," said Sam Mahalingam, chief technology officer, Altair. "The platform enables users of all skill levels to accelerate projects from idea to production, modernizes legacy environments, and caters to enterprise needs with desktop and cloud offerings. We meet you where you are and

Lalith Subramanian published a blog post to the Autodesk blog outlining the updates being made to Autodesk Construction Cloud. Lalith says, “One of the biggest updates we’re announcing today is the addition of AutoSpecs in ACC, giving users a cohesive and connected submittal experience within ACC.” Read the full post here: https://adsknews.autodesk.com/en/news/connected-construction/ To view the original press release, please click here. Search for Autodesk on CIMdata.com

About this Release BETA CAE Systems announces the release of NEERE v1.6.0. This new release focuses on the further facilitation of collaboration and on augmenting its application by introducing the capability for guests to join public rooms. Follows a more detailed list of the new features and improvements. Release highlights Make rooms accessible to the public by sharing the public room link to guest users. The public accessibility of the room can be revoked at any time. Participants can now enable the microphone temporarily using the space bar and raise hand during a meeting. New capability to mute the microphone and turn off the camera of specific roommates. You can now add multiple users in an existing room through the Invite roommates option and remove a roommate from a room. Preview active users in a room from the "My Rooms" tab. For more details about the new software features, enhancements and corrections please, refer to the Release Notes document. Supported Web

Carlson Software’s Machine Control Division announced Carlson Pile Placement, an automated solution for pile placement prior to driving. “This solution is just a very powerful addition to any solar installer’s fleet,” said Carlson’s Field Application Engineer Rodney Thomas. “It’s versatile, flexible, and with its simple user interface, operators can be placing piles accurately with very little training.” With the ability to accurately place color-coded piles to the proper offset at the planned location, the time and cost of flags and their associated survey work are greatly reduced, if not eliminated. Carlson Pile Placement consists of an all-in-one GNSS sensor and a rugged, Windows-based control box. With its small footprint, Pile Placement can be installed on any machine used to drop off piles, allowing the same equipment and operator to now place piles at correct locations ahead of pile driving machines. Pile Placement can be used as a stand-alone system, or as part of Carlson’s

Jama Software®, the industry-leading requirements management and traceability solution provider, has released an insurance framework and dataset that streamlines and simplifies product development for the insurance industry. With increased challenges and a changing landscape, insurance carriers are facing competitive pressures related to growth and profitability. Carriers can now use Jama Connect® to make product development more efficient and deliver high quality products on time and on budget. “Insurance carriers are facing increased pressure to bring new and competitive products to market, across multiple jurisdictions and lines of business. At Jama Software, we’ve developed a customizable framework to allow our insurance customers to create a scalable and standardized approach to managing their up-front product requirements through downstream systems development. This framework allows carriers to innovate, bring products to market quicker, and ultimately better serve their customers” said Steven Meadows, Solutions Lead for Insurance Industry at Jama Software “With the increased complexity associated with developing insurance

Leica Geosystems, part of Hexagon, and Xwatch Safety Solutions, a global leader in workplace safety, announced today a significant milestone in their partnership, enhancing construction site safety and infrastructure protection. The innovative combined solution will allow users to create or import 3D avoidance zones above and below the surface area directly within the Leica MC1 machine control software. “We (Xwatch) connected an XW5; a height slew and RCI (rated capacity indicator) system to the Leica MC1 machine control software. The integration of the XW5 provides a virtual wall with height and slew, also depth control which enables the recognition of cables and utilities from the MC1 software. This allows the operator to work around the avoidance zones with ease, across the entire construction site,” explains Xwatch Sales and Operations Director Dan Leaney. “This breakthrough in technology and alliance with Leica Geosystems and Xwatch has transformed the global excavator safety market, in addition to increasing site productivity

MathWorks, the leading developer of mathematical computing software, and Green Hills Software, the worldwide leader in embedded software safety and security, announced an integration that helps engineers design safety-related applications for the Infineon AURIX™ TC4x family of automotive microcontrollers using Simulink®. Engineers using the new family of microcontrollers automate compiling and building code generated by Embedded Coder® using Green Hills Software’s support for AURIX, and then perform back-to-back testing using processor-in-loop (PIL) simulation. “Electric vehicles and automated driving systems have disrupted conventional norms and introduced a generational change in the pace and scope of automotive electronics development,” said Tom Erkkinen, Product Manager, Embedded Code Generation at MathWorks. “Green Hills is a leading embedded software vendor that we collaborate with to provide highly automated tools and workflows that comply with rigorous functional safety standards, such as ISO 26262.” Businesses manage hardware and software complexities with modern software development techniques, including virtual simulation and automated deployment. With this integration,

Matterport, Inc. announced a new integration with Autodesk Construction Cloud– a portfolio of software and services that combines advanced technology, a builders network and predictive insights for construction teams –making it easier for project teams using Matterport and Autodesk Build ® to collaborate within critical project management workflows. This new integration allows project stakeholders to enhance the “Request for Information” (RFI) process in Autodesk Build, moving from traditional methods of communication to immersive digital twin technology, powered by Matterport.  Construction projects involve hundreds of stakeholders, many of whom rely on documents and images to coordinate the construction lifecycle from design to to operations. While project management tools can ease the burden of organizing various materials, the current process of relying on complex 2D and 3D files often results in project inaccuracies or misunderstandings between stakeholders, leading to rework or costly delays.  To address information gaps on a project, construction professionals submit an