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Items filtered by date: November 2022 - CIMdata
Tata Consultancy Services reported its consolidated financial results according to Ind AS and IFRS, for the quarter ending September 30, 2025. Highlights of the Quarter Ended September 30, 2025 Revenue at $7,466 million, up 0.6% QoQ, Sequential growth: 0.8% in Constant Currency International Revenue grows 0.6% QoQ in Constant Currency  Broad-based growth across verticals, led by continued momentum in BFSI (+1.1% QoQ CC), TSS (+1.8% QoQ CC) Life Sciences and Healthcare (+3.4% QoQ CC), Manufacturing (+1.6% QoQ CC) and CMI (+0.8% QoQ CC) deliver growth amidst industry specific challenges Operating Margin at 25.2%; an expansion of 70 bps QoQ Net Income at $1,464 million, +3.0% YoY | Net Margin at 19.6% Cash flow from Operations at 110.1% of Net Income  Q2 Total Contract Value (TCV): US$10 billion Dividend per share: ₹ 11 | Record date October 15,2025 | Payment date November 4,2025 K Krithivasan, Chief Executive Officer and Managing Director, said “I am pleased with our strong Q2 performance. I would like to thank all our employees for their dedication and excellence. We are on a journey to become the world’s largest AI-led technology services company. Our journey is anchored
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Newforma, the market leader in project and information management for the architecture, engineering, construction and owner (AECO) industry, announced a multi-year partnership with the Boston Bruins and TD Garden. As a “Proud Partner of the Boston Bruins & TD Garden,” the Boston-headquartered technology company is championing its hometown team while engaging the local AEC community powering the city’s construction boom. “Partnering with the Bruins was a natural fit,” said Michael Lewis, Chief Marketing Officer at Newforma. “Just as the Bruins evolved into championship contenders, the ‘New Newforma’ helps AEC professionals REimagine what’s possible with a modern, cloud-first platform. The precision and teamwork behind championship hockey mirror exactly what it takes to deliver complex construction projects.” Now celebrating 21 years of industry leadership, Newforma is ushering in a bold new chapter. From its Boston executive office, the company is rolling out ‘New Newforma’—a transformed, intuitive platform that empowers AEC firms to REconnect with effortless
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CGI, one of the largest independent IT and business consulting services firms in the world, has been selected by Svenska kraftnät (the Swedish national transmission system operator) for a new multi-year framework agreement. The agreement covers the delivery of IT consulting services in areas including architecture, leadership, and security – vital capabilities for enhancing Sweden’s electricity transmission capacity and building a resilient energy infrastructure. “Contributing to reinforcing the digital foundation of one of Sweden’s most critical public infrastructures is both a responsibility and an opportunity we embrace fully. We look forward to collaborating with Svenska kraftnät to develop solutions that not only meet today’s demands but also shape tomorrow’s energy infrastructure,” says Rakesh Kapoor, Senior Vice-President and Business Unit Leader for CGI in Stockholm and Central Sweden. “By combining our global expertise with a strong local presence, we aim to help build an energy system that is even more secure, accessible,
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IFS, the leading provider of enterprise cloud and Industrial AI software, announced that Bjelin Group, a Swedish family-owned innovator in wood flooring and furniture components, has selected the Industrial AI-fuelled IFS Cloud platform to optimize and scale its global operations. As part of its strategic transformation, Bjelin Group will implement IFS Cloud to modernize and harmonize core business processes across supply chain, manufacturing, finance, procurement, and maintenance. The implementation will support Bjelin’s long-term growth strategy and improve visibility and efficiency across seven manufacturing sites and multiple global distribution centers. IFS Cloud will be used to plan and schedule manufacturing across all of Bjelin’s production facilities, as well as optimize inventory levels in both global and local distribution warehouses. The company will also use the platform to streamline its order-to-cash processes, including automated intercompany transactions, and to enable more effective multi-site planning and increased process automation. In addition, IFS Cloud’s Enterprise Asset Management
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ESTECO has been named official supplier of Team Luna Rossa for the 38th America’s Cup. This agreement further reinforces a long-lasting collaboration with Italy's leading sailing team, which started in 2014. "We are delighted to renew our partnership with ESTECO, an Italian company internationally recognized for the quality of its cutting-edge technological solutions. Thanks to its advanced software systems, we will have the best tools at our disposal to optimize our boat ahead of the 38th America’s Cup." Gilberto Nobili Technology & Operations Director Luna Rossa We’ll be supplying the team with our software solutions for simulation process automation, design optimization, and simulation process and data management. Specifically, Luna Rossa will be relying on modeFRONTIER to enhance the boat’s performance in compliance with the regulations of the America’s Cup. VOLTA instead will be key to make the design process a collaborative engineering experience, by extending MDO workflows to a web-based framework and ensuring simulation data traceability,
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IFS, the leading provider of Industrial AI software, announced that Primo Group, a global manufacturer of plastic extrusions solutions, is upgrading to IFS Cloud to boost production efficiency, reduce lead times and sharpen its competitive edge through the power of Industrial AI. Accurate data and robust monitoring are essential for manufacturers serving global customers. Real-time insights ensure that products and services consistently meet customer needs and adhere to the highest standards. To navigate fluctuating demand, volatile supply chains, and rising cost pressures, manufacturers must also rely on effective supply chain processes and agile production planning. Recognizing this, Primo, an IFS customer since 2019, chose to upgrade to IFS Cloud to ensure continuous access to enhanced functionalities. By shifting to the composable IFS Cloud platform, Primo gains immediate access to new features, including embedded IFS.ai, enabling it to adapt rapidly to changing market demands and sustain growth momentum. The solution will initially be
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Keysight Technologies, Inc., announced that 6G@UT at the University of Texas at Austin (UT Austin) has selected Keysight’s 6G solutions to advance research in digital twins for wireless and autonomous systems. The deployment will take place in 6G@UT, which operates within UT Austin’s world-renowned Wireless Networking and Communications Group (WNCG). Digital twins are increasingly recognized as a transformative technology for 6G, enabling the creation of highly accurate, real-time virtual near-replicas of physical networks. These models allow researchers and engineers to design, test, and optimize complex communication systems in a safe, cost-effective, and scalable manner — before deploying them in the real world. At 6G@UT, researchers will explore advanced use cases of digital twins, including enhanced beamforming and adaptive connectivity in next-generation communication networks. A key area of inquiry is the creation of a "multiverse of digital twins”: parallel, heterogeneous models operating across varying fidelities and computing environments, from cloud to edge to
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Asite announces that its visualisation and collaboration platform, Asite 3D Repo, has been selected for the Transport Research and Innovation Grant (TRIG). The programme is funded by the Department for Transport (DfT) and delivered by Connected Places Catapult. Asite 3D Repo is one of only 12 companies chosen from over 400 applicants.  The TRIG programme supports early-stage transport innovation, funding breakthrough ideas that can reshape the sector and accelerate smarter, greener delivery.  Asite 3D Repo’s project will create an AI-powered data validation engine that automatically checks 3D model metadata against client standards, such as the National Highways Asset Data Management Manual. By validating 3D models for naming conventions and information consistency, the AI engine eliminates manual compliance checks and streamlines workflows. This is set to help infrastructure teams avoid costly delays, all while integrating seamlessly with Common Data Environments.  “Innovative solutions will deliver quicker, greener, safer, more inclusive and smarter transport systems and services,
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Siemens Smart Infrastructure has partnered with San Juan de Dios Hospital in Seville, Spain, to transform it into a smart and sustainable asset. With buildings accounting for around 40 percent of global carbon emissions, and healthcare facilities increasingly facing financial and sustainability pressures, improving operational efficiency is crucial. At San Juan de Dios Hospital, Siemens has turned this challenge into an opportunity with its AI-based digital building technology. By deploying its innovative solutions Siemens enabled the hospital to cut operating costs of the analyzed assets by 35 percent, setting another benchmark for hospitals across the globe. San Juan de Dios Hospital, which enjoys a history spanning more than 450 years, has undergone impressive transformation using Siemens’ fully digital, AI-powered building platform Building X and digital services. The solution integrates energy and security management, as well as Heating, Ventilation and Air Conditioning (HVAC) automation into a single system. This leads to significant
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Sumitomo Riko is implementing Ansys, part of Synopsys, Inc. AI technology to accelerate time-to-solution and improve efficiency during the design and manufacturing of automotive components. SimAI rapidly analyzes new or legacy simulation data to generate high-fidelity AI models capable of quickly predicting performance. Sumitomo Riko is using SimAI to accelerate computation-heavy tasks like anti-vibration design and exploration, battery cooling, magnetic field analysis, and mixing heat transfer analysis.  Sumitomo Riko is a leading global manufacturer of high-performance rubber automotive components. To ensure a safe and smooth ride, engineers must understand how the various components within the system behave under extreme loads and stressors. This requires running hundreds of multiphysics simulations where pre-processing tasks, like defining geometric parameters for the model, require extensive time and simulation expertise. To accelerate product development, Sumitomo Riko is using SimAI and previously generated data to train AI models of high-performance rubber products, such as vibration isolators and hoses, without having
Published in Newsletter Articles
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