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Items filtered by date: November 2022 - CIMdata
Tech Mahindra, a leading global provider of technology consulting and digital solutions to enterprises across industries, announced key leadership elevations to drive strategic growth in critical markets. Manish Mangal will take over as Head – Americas Communications Business, and Sahil Dhawan has been appointed Head – India, Middle East, and Africa (IMEA) Business. Manish Mangal, in his expanded role, will lead Tech Mahindra's Communications business across the Americas, one of the company's most vital growth markets. His deep industry knowledge and track record of innovation position him to drive business transformation and unlock new opportunities for clients in the region. With over 27 years of global experience in the telecom industry, Manish has played a pivotal role in advancing 5G, AI, and cloud-native network technologies. He previously served as Chief Technology Officer – Telecom Business & Global Business Head – Network Services for Tech Mahindra. Sahil Dhawan will drive Tech Mahindra's growth strategy and customer engagement across the IMEA
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Trace One, a premier SaaS leader in Product Lifecycle Management (PLM) and compliance software tailored to the food & beverage, cosmetics & personal care, and chemical industries, and Connecting Food, a pioneer in real-time natural resources supply chain traceability, announced a strategic partnership designed to deliver unparalleled transparency from farm to shelf. This integrated solution unifies detailed product development data with real-time traceability, enabling retailers and manufacturers to confidently meet compliance requirements, reduce risk, and strengthen consumer trust. Meeting New Regulatory Demands New regulations like the EU Deforestation Regulation (EUDR) and expanded ESG reporting standards require companies to provide precise, verifiable data on ingredient origins, land use, and social impacts. Traditional fragmented data management is insufficient. By combining Trace One’s comprehensive PLM system, which manages product specifications and supplier data, with Connecting Food’s real-time tracking of agricultural practices and logistics, businesses now have: A unified digital record from product concept through retail shelf Rapid, precise recalls
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ENGYS is excited to announce the upcoming User Group Meeting (UGM) 2025, set to take place at The Madison in Detroit, MI, USA, on 21 and 22 October 2025. This event promises to bring together CFD professionals and users of ENGYS’ open-source software tools, HELYX and ELEMENTS, for two days of insightful presentations, workshops, and networking. ENGYS User Group Meeting 2025 Dates: 21 to 22 October 2025 Location: The Madison – Detroit, USA REGISTER NOW Discover Our Latest Innovations Explore the most recent advancements in CFD and simulation technologies developed by ENGYS. Gain valuable insights from industry experts and ENGYS developers as they present their latest research and case studies, showcasing practical applications and real-world solutions. Enhance Your Skills Take part in hands-on workshops and training sessions designed for both beginners and advanced users. Learn how to maximize the potential of HELYX and ELEMENTS to streamline your CFD workflows and boost engineering performance. Connect with the CFD Community Network with fellow CFD
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PROS Holdings, Inc., a leading provider of AI-powered SaaS pricing and selling solutions, kicked off its flagship event, Outperform with PROS 2025, at The Cosmopolitan of Las Vegas. The conference will run through May 14 and is set to bring together global executives, industry leaders and visionaries with a goal of empowering organizations to Outthink, Outpace and Outperform with smarter strategies, faster decision-making and responsible AI for real-time business transformation. “Outperform 2025 will be an unparalleled opportunity for business leaders to gain actionable insights from world-class experts and industry pioneers embracing AI to unleash their organization’s full potential and outperform the market,” said Todd McNabb, Chief Revenue Officer, PROS. “As AI continues to reshape the commercial landscape, this year’s conference will provide the roadmap organizations need to unleash intelligent commerce and accelerate growth.” Headlining Topics and Keynote Sessions AI R/Evolution from the Inside: AI isn’t a Feature, it’s a Corporate CompetencyThis workshop with Dr. Michael
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Schneider Electric, a leader in energy management and automation, will present its latest innovations in open, software-defined automation and advanced technologies at Automate 2025. The company will demonstrate how it is enhancing the competitiveness and resilience of U.S. industry through state-of-the-art robotics, industrial AI, and digitalization. At the exhibition, the company will introduce its industrial copilot, developed in collaboration with Microsoft. Designed to boost productivity and enhance workforce efficiency it integrates Microsoft Azure AI Foundry with Schneider Electric's advanced and secure industrial automation solutions. Eliminating repetitive tasks, this Generative AI-powered assistant allows users to collaborate, supports simplification of application development delivering efficiency gains and bringing quality solutions to market faster. Industrial copilots are increasingly adopted to address labor shortages and enhance complex operations. They empower workers by reducing mental strain, providing support, and retaining knowledge despite high turnover. By automating routine tasks, copilots boost productivity and allow workers to focus on complex activities. They improve
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CENIT achieved sales slightly above the previous year's level despite the extremely difficult market environment. After three months, CENIT Group has generated sales revenues of EUR 51,508 k (previous year: EUR 50,545 k/+1.9%). Sales of third-party software decreased by -4.9% to EUR 24,917 k (previous year: EUR 26,188 k). Sales of CENIT's own software decreased slightly from EUR 4,472 k to EUR 4,409 k (-1.4%). Sales revenues in the CENIT consulting and services segment increased by 11.5% to EUR 22,147 k (previous year: EUR 19,856 k). Gross profit (operating performance less cost of materials) amounted to EUR 30,960 k (previous year: EUR 29,352 k) and thus increased by 5.5%. Due to the personnel measures already announced and the associated expenses in the amount of EUR 3,349 k, CENIT achieved an EBITDA of EUR -2,439 k (previous year: EUR 3,146 k />-100.0%), an EBITA of EUR -4,020 k (previous year: EUR 1,826
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Velo3D, Inc., a leader in additive manufacturing (AM) technology known for transforming aerospace and defense supply chains through world-class metal AM, announced financial results for its first quarter ended March 31, 2025.  Recent Business Developments Demand mix shift to Rapid Production Services (RPS) underway RPS backlog increased 3x as compared to year-end 2024 New customers represented more than 75% of 1Q'25 bookings 50% demand from defense sector Signed a five-year, $15 million master services agreement (MSA) with Momentus, Inc.to leverage to RPS Offering Signed a five-year exclusive supply agreement with Amaero Advanced Materials & Manufacturing, Inc. ("Amaero") advancing efforts to re-shore advanced manufacturing and accelerate the adoption of additive manufacturing Received an order for a fourth Sapphire XC printer from Mears Machine Corporation to support the continued development of aerospace and industrial-related programs Announced an agreement with Ohio Ordinance Works, Inc. to provide RPS as part of its 3D Printed Military Weapons Development initiative. Appointed retired U.S. Army Green Beret,
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Copperleaf®, an IFS company, is delighted to announce that Avacon, a regional subsidiary of the E.ON Group – a leading energy company responsible for supplying energy and energy-related services, has chosen IFS Copperleaf’s decision analytics solution. This strategic partnership is set to boost Avacon’s capability to manage the challenges brought on by the energy transition, and in parallel drive operational efficiency and streamline workflows as part of the E.ON wide “Manage Assets” initiative. Avacon set out to elevate its “Manage Assets” capabilities - aiming to make consistent, data-driven decisions that ensure the highest return in line with strategic goals and operational targets. The IFS Copperleaf solution enables value-based, risk-informed decision-making. This includes opportunities and risks identification, solution definition and evaluation, portfolio optimization, scenario analysis and approval. With IFS Copperleaf, Avacon will reduce risk, optimize costs, accelerate time to value, and meet business objectives through a proven end-to-end asset management process. By reducing
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Wipro Limited, a leading technology services and consulting company, announced a digital transformation partnership with Hachette UK (HUK),a leading publishing group based in the United Kingdom. Wipro will help modernize Hachette UK’s IT infrastructure through the implementation of SAP S/4HANA.  This adoption of the SAP S/4HANA system, delivered on RISE with SAP, will allow HUK to transform its finance operations and core enterprise applications, providing increased agility and speed and significantly enhancing source-to-pay operations. "We are looking forward to embarking on this critical project with Wipro," said Brendan Goss, Group CIO, Hachette UK & Hachette Book Group USA. “Adopting SAP S/4HANA signifies an important step in our digital transformation efforts, as it will help us enhance operational efficiency and provide us with the ability to adapt to changing market conditions quickly. All of this will help us better capitalize on new and emerging opportunities and create new growth venues for our business." As part
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KORE, a global leader in Internet of Things ("IoT") Solutions and IoT Connectivity provider, has collaborated with Winnebago and Robo to unveil Winnebago Connect™, a groundbreaking platform that transforms the recreational vehicle (RV) experience through advanced connectivity, intelligent automation and intuitive design. Powered by KORE, Robo, and Ericsson Enterprise Wireless Solutions, Winnebago Connect integrates cutting-edge technologies to deliver a seamless intelligent RV platform. KORE's managed IoT services provide the global connectivity backbone, ensuring reliable access no matter the destination. Robo delivers the software platform that powers the intuitive user interface and intelligent features, while Ericsson contributes high-performance network solutions with dual-carrier Wi-Fi and edge computing. Together, these innovations create an unparalleled ecosystem that empowers RV owners to travel smarter, safer and with greater convenience. "Our work with Winnebago and Robo showcases the potential of IoT to revolutionize industries and enable people to explore the world," said Ron Totton, KORE President and CEO. "Winnebago
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