CIMdata Blog

EON Reality, Inc. (“EON Reality”), a global leader in Virtual and Augmented Reality (“XR”) industry and education solutions powered by Artificial Intelligence (AI), announces a new improvement to its partnership with the University for Business and Technology (UBT) to bring cutting-edge Spatial AI technology to its students. The students and faculty at UBT were already some of the top creators and innovators within EON Reality’s global network, and now content creation will be even easier for them thanks to EON AI Assistant. By adding EON AI Assistant to their existing EON Reality solutions, UBT will help its students learn even more efficiently and retain information longer with guided AI content. At the same time, the new AI-powered features will help professors and instructors to create their own lessons and courses with significantly less time and effort. These vast improvements come on top of the collection of EON Reality products and features already

American Software, Inc. announced that Nicole Wu will join the Company’s Board of Directors as a Class A Director. Ms. Wu joins as the eighth member of American Software’s Board of Directors. Ms. Wu will continue to serve as the Chief Financial Officer of PDI Technologies, Inc., as she has since 2019, a cloud based technology company serving convenience retail and petroleum wholesale clients that has successfully grown both organically and via acquisitions during her tenure. Prior to PDI Technologies, Ms. Wu served as the Chief Financial Officer to eVestments, Inc, leading a number of M&A transactions including the sale of that company to Nasdaq. Previously, Ms. Wu held several executive positions at General Electric in division finance, internal audit, and acquisition integrations. Ms. Wu holds a Bachelor of Science in Business from Shanghai Jiao Tong University in Shanghai, China. Ms. Wu’s strong financial, audit and M&A background will be beneficial to

With the motivation to accelerate the digital transformation of the real estate industry, CADENAS supports the work of buildingSMART Austria buildingSMART and CADENAS pursue a common goal, an international standard for BIM data that can be used in various systems. So far, the software company has mainly worked with the German chapter of the organization, but recently CADENAS has also become a member of buildingSMART Austria.  buildingSMART Austria The Austrian sister subsidiary was founded in 2018. The association, which currently has eight working groups, is headed by Alfred Waschl, who serves as chairman of the board. For CADENAS, Key Account Manager eCATALOGsolutions Lukas Pinter is involved in the organization. As part of this activity, Lukas Pinter also participated in the BIM Globe 2023 on February 21 in Vienna. The event was initiated by buildingSMART Austria to promote the exchange on the status quo on the topic of BIM. The motto of the congress

L&T Technology Services Limited, a leading global pure-play engineering services company, announced a new Centre of Excellence (CoE) in Mysore (Karnataka, India) that leverages the power of the cloud with Amazon Web Services (AWS). The CoE will allow LTTS to transition its suite of cutting-edge technologies focused on the future of mobility and reduce time-to-market for end customers. By leveraging AWS infrastructure, LTTS will provide an opportunity to use AWS to support the automotive domain. With its rich engineering domain expertise in Electric, Autonomous, and Connected Vehicles (EACV), LTTS has been helping OEMs to develop next-generation Vehicles and Aircraft that have tailored solutions focused on safety and security. The new CoE will leverage LTTS' cross-disciplinary skillsets covering embedded, mechanical, and digital facets of engineering. LTTS has been actively working with global technology leaders like AWS to bring digital engineering solutions to end customers on the cloud. AnnotAI, Connected Cars, and SafeX are some of the LTTS

Rockwell Automation, Inc., the world’s largest company dedicated to industrial automation and digital transformation, announced a strategic investment in READY Robotics, a pioneering company in software-defined automation and a Rockwell Technology Partner. READY Robotics’ ForgeOS platform enables operators to control and program the most popular brands of robots from a single user-friendly interface with minimal training. Using Task Canvas, one of many useful ForgeOS Productivity Apps included with the platform, operators can quickly create new automation tasks with a powerful, no-code, flowchart-based interface. Rockwell and READY Robotics have collaborated to integrate ForgeOS with Rockwell’s line of Logix controllers and design and simulation software. The combination will simplify robot integration and accelerate time-to-market of industrial automation deployments. Rockwell’s investment will foster continued development of the ForgeOS platform, support its integration with Logix, and accelerate adoption across the Rockwell ecosystem of system integrators and technology and channel partners. “We are excited to work with READY

Velo3D, Inc., a leading metal additive manufacturing technology company for mission-critical parts, announced its 2023 roadshow, the Proof is in the Printing Additive Manufacturing Tour, which will visit eight cities across the U.S. The tour builds on Velo3D’s previous roadshow series that brought together more than 400 engineers around the U.S. to learn about how metal additive manufacturing can help them transform their businesses. “Over the past year, we’ve heard a lot of skepticism about whether metal additive manufacturing can truly deliver consistency at scale across different machines without extensive requalification,” said Renette Youssef, Velo3D Chief Marketing Officer. “This year’s roadshows will focus on sharing real-world examples of companies that have qualified parts for production use-cases and achieved scalability across different 3D printers to create distributed supply chains. The events are a great way to learn about 3D printing and network with other engineers who are exploring the same technology.” Velo3D piloted its roadshow

Oracle Corporation announced fiscal 2023 Q3 results. Total quarterly revenues were up 18% year-over-year in USD and up 21% in constant currency to $12.4 billion. Cloud services and license support revenues were up 17% in USD and up 20% in constant currency to $8.9 billion. Cloud license and on-premise license revenues were unchanged in USD and up 4% in constant currency to $1.3 billion. For the third quarter of fiscal 2023, Cerner contributed $1.5 billion to total revenues. Q3 GAAP operating income was $3.3 billion. Non-GAAP operating income was $5.2 billion, up 8% in USD and up 11% in constant currency. GAAP operating margin was 26%, and non-GAAP operating margin was 42%. GAAP net income was $1.9 billion, and non-GAAP net income was $3.4 billion. Q3 GAAP earnings per share was $0.68 while non-GAAP earnings per share was $1.22. Without the impact of the U.S. dollar strengthening compared to foreign currencies,

Cadence Design Systems, Inc. announced that Renesas has deployed the new Cadence® Verisium™ Artificial Intelligence (AI)-Driven Verification Platform to enable efficient root cause analysis of bugs. Using the new Verisium platform, Renesas has significantly improved its debug productivity, shortening the time to market for its R-Car designs for automotive applications. The Verisium platform and apps, including Versium AutoTriage, Verisium SemanticDiff, Verisium WaveMiner, Verisium PinDown, Verisium Debug and Verisium Manager, are integrated with the Cadence Joint Enterprise Data and AI (JedAI) Platform to enable AI-driven root cause analysis of bugs. The solution provides a new level of productivity by offering users a holistic debug solution from IP to SoC and from single-run to multi-run, enabling fast and comprehensive interactive and post-process debug flows with waveform, schematic, driver tracing and SmartLog technologies. “Quality and efficiency are paramount to ensure our R-Car designs are completed on schedule,” said Noriaki Sakamoto, president of Renesas Design Vietnam Co., Ltd.

Schneider Electric, the leader in the digital transformation of energy management and automation, announced its enhanced solutions to increase building sustainability. Included are new integration capabilities in EcoStruxure™ Building Operation 2023, EcoStruxure Connected Room Solutions, and EcoStruxure Power Monitoring Expert, which will help simplify and speed-up access to data that is essential to manage energy use, help reduce carbon emissions, and enhance building value. Responding to the global imperative to reduce energy use and carbon emissions Open and flexible EcoStruxure Building solutions help owners and facility managers respond to rising energy costs, as well as mandates for net-zero carbon emissions by 2050. New functionality enables seamless integration to deliver actionable insights and control of multiple building, power, electric vehicle charging, and renewable energy systems in a single, convenient, mobile-enabled control center. “As 60% of energy today is lost or wasted,a more electric and digital world is key to addressing climate and energy crises,” said Andre Marino, SVP Digital

OpenSolar Pty Ltd, a software company focused on empowering solar installers with the world’s most accurate and entirely free solar design and sales platform, and EagleView, a leading provider of aerial imaging and property data, have partnered to enable solar professionals to streamline and enhance their designs, proposals, and site assessments with highly accurate aerial imaging, digital property measurements, and solar data. Available now in public beta, OpenSolar’s leading solar design and proposal software integrates EagleView data, enabling installers to create precise solar designs and digital site assessments – before even setting foot on-site. Installers can order and import EagleView data directly into the OpenSolar platform, adding an additional layer of site assessment accuracy and expected solar performance validation. The solution will enable installers to get to installation weeks faster with detailed site data on-hand, allowing for more efficient on-site visits, and often eliminating costly truck rolls to validate designs. In