CIMdata Blog

CAD hobbyists and small businesses can now benefit from the latest version of CAD Schroer’s free drafting package for Windows and Linux, released just months after its commercial counterpart.  Users can visit the MEDUSA4 Personal pages on the CAD Schroer website for their free license and download. Register for a free MEDUSA4 Personal license: http://www.cad-schroer.com/products/medusa4-personal.html?pk_campaign=pr140416_m4pv521 Private, non-commercial use, and the deployment of the software for educational and research purposes is completely free of charge. Businesses do not have to pay for the software, only for commercially viable results. Companies wishing to use the software commercially can do so on a pay-per-result basis. The CSG eSERVICES portal unlocks MEDUSA4 Personal drawings for unlimited commercial use. Updates in Line with Latest Technologies MEDUSA4 Personal 5.2.1 includes an update to the excellent CADConvert DXF/DWG interface for importing CAD data in DXF/DWG format up to the latest version. The software now also runs on Windows 8 Pro and 8.1 Pro. Colour

Corset Story has been one of the big fashion success stories of the past decade. The company’s forty nation reach comes from an almost fanatical fan-base that is both fed by masterful use of social media and feeds the company’s innovation and development.  As one of the largest corset retailers in the world, this rapid growth needs support that is tailored to its unique business model – a bit like Corset Story’s products - in-house development has to be flexible, powerful and appealing if it’s to achieve the results desired!  Corset Story chose WFX cloud-based PLM for its: Sophistication. Corset Story has a savvy and demanding customer base that expects to be both surprised and satisfied by each new collection and concept – their PLM system needs to be rigorous with data but eminently creative in use, so that the unique Corset Story flair can continue to shine through whilst maintaining explicit and implicit

Tata Consultancy Services (TCS) reported its consolidated financial results according to IFRS for the quarter and financial year ended March 31, 2014. Commenting on the 2013-14 performance, N. Chandrasekaran, CEO and MD said: “We have delivered strong growth and strengthened our competitive positioning in the market. We have maintained our momentum, improved our quality of growth, deepened our relationship with customers and expanded our presence in newer markets like Europe during the past 12 months. Our strategic investments including those in Digital Technologies are providing a compelling value proposition as well as helping us anticipate and shape new market trends successfully.” Looking forward to financial year 2014-15, Mr Chandrasekaran added: “We are upbeat that the next 12 months will bring many more opportunities for growth across multiple industries and markets. As an organization, we remain focused on disciplined execution of our strategy as well as on energizing 300,000 TCSers to ensure they

Highlights: FY 14 revenue growth doubled to 11.5% in USD terms; Q4 operating margins expand 50 bps sequentially to 25.5%; Dividend pay-out ratio increased to 40% of post-tax profits; FY 15 revenues expected to grow 7%-9% in USD terms “I am pleased that we have been able to double our growth rate for the full year compared to last year, though performance in the last quarter of FY 14 has been disappointing.” said S. D. Shibulal, CEO and Managing Director. “We have guided for a revenue growth of 7%-9% next year and remain firmly focused on building the growth momentum by making all the necessary investments in our business.” “Our cash and cash equivalents crossed $5 billion during the quarter. We have increased the dividend payout ratio to up to 40% of post-tax profits effective FY 14 to enhance returns for our shareholders.” said Rajiv Bansal, Chief Financial Officer. To view an unabridged version of this press

SpaceClaim announced today that SpaceClaim director of product management, Justin Hendrickson, has been chosen as a keynote presenter at this year’s DEVELOP3D Live, taking place today in Warwick, U.K. Attendees will learn how SpaceClaim is accelerating product design, prototyping and development by taking 3D geometry from the domain of a select few to something accessible to anyone who needs it: in design, simulation, 3D printing, manufacturing - even sales and marketing. “For years, Big CAD has dictated what engineers’ processes looks like, who can work with geometry, and how companies can model, edit or repair in 3D,” said Hendrickson. “Engineers no longer need to accept the limits of parametric CAD. SpaceClaim is bringing new innovations to 3D design: in modeling scan data, repairing and editing STL for 3D printing and pioneering real-time collaboration across PC and mobile using new cloud services.” According to Hendrickson, the majority of engineers still accept the limitations

Today, Siemens announced nearly $660 million of in-kind software grants for manufacturing programs at vocational high schools, technical community colleges and universities throughout Massachusetts. Students will now have access to the same Siemens’ product lifecycle management (PLM) software used throughout the global manufacturing industry to design, develop and manufacture some of the world’s most sophisticated products in a variety of industries, including automotive, aerospace, consumer products, medical devices, machinery, shipbuilding, apparel and high-tech electronics. The series of in-kind grants was established as a result of an industry need for skilled workers identified through the Massachusetts Manufacturing Extension Partnership (MassMEP) and the Manufacturing Advancement Center Workforce Innovation Collaborative(MACWIC), an alliance of next-generation companies working to provide employer-led workforce training initiatives. Siemens Metals Technologies (MT) business, with its advanced manufacturing facility located in Worcester, is a founding member of MACWIC and serves on the steering committee. The academic partnerships are designed to support MACWIC’s Applied

TraceParts Inc. announces the launch of 3DeXchange, 3DX-US.COM, a new community site for anyone who creates in 3D. This new professional website brings together tech-savvy design professionals, suppliers, product content, and ideas in a collaborative online community.  “Designers and engineers come to 3DX to share 3D designs including those suitable for 3D printing as well as to access to hundreds of millions of certified 3D product models,” said Bob Noftle, President, TraceParts Inc. “It’s a site where design professionals can connect with each other to exchange ideas, collaborate on design challenges, publish their models and credentials, and more,” said Noftle.  “Suppliers who create a free microsite on 3DX get their company and products in front of 8.5 million users through the TraceParts publishing network of web sites,” said Mike Antell, National Sales Manager, TraceParts Inc. “In addition to free self-publishing, we offer a number of cost effective 3D online marketing programs to address their digital marketing strategies,” said Antell. 

AEC Digital Solutions LLC, a BIM services provider to AEC firms, recently announced a corporate restructuring in an effort to expand efforts to provide BIM management services to clients in the United States and the United Kingdom. The company's premium digital construction, Scan-to-BIM and content creation services continue to grow in demand in both the US and the UK markets, with an increasing number of clients opting for dedicated workshare studios as construction markets in both countries recover and gather momentum. The company is one of the pioneer firms who provides BIM services on Bentley AECOsim products, besides Revit and CAD Duct software. CEO Alain Waha departed recently. The company wishes him well as he pursues his new career.

3D Systems announced today that it entered into a definitive agreement to acquire Robtec. Headquartered in Sao Paulo, Brazil, Robtec is the largest Latin-American additive manufacturing service bureau and the leading 3D printing and scanning products distributor in the region. Under the terms of the definitive agreement, 3DS will acquire 70% of the shares of Robtec at closing and the remainder of the shares on the 5th anniversary of the closing. The terms of the transaction have not been disclosed. The transaction provides 3DS with the strongest possible platform for its Quickparts fast-turn, custom manufacturing expansion plans in Latin America and multiplexes its in-region 3D printing and additive manufacturing reseller coverage. Robtec brings to 3DS two decades of additive manufacturing service bureau experience with substantial production capabilities that are rooted in regional infrastructure and capacity and supported by long-term, key relationships with leading Latin American industrial companies. The transaction is expected to

Workshops will now take place in Cincinnati, Ohio on June 24 & June 25 ANN ARBOR, Michigan, 16 April 2014—CIMdata, Inc., the leading global PLM strategic management consulting and research firm announces new dates for the one-day workshops offered by its Systems Engineering Knowledge Council and Simulation & Analysis Knowledge Council. The workshops will be held in Cincinnati, Ohio on June 24 and 25. These workshops will explore emerging best practices on how to address the critical issues facing participants in the simulation and analysis, and systems engineering communities. On June 24, CIMdata’s Systems Engineering Knowledge Council will hold its second workshop in North America. A series of presentations will show how a competitive advantage may be created through the deployment of systems engineering as a strategy for product development. Real-world examples will be provided by council participants and leading-edge users. The workshop will be facilitated by CIMdata’s practice manager for Systems