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Items filtered by date: November 2022 - CIMdata
SmartPM, the AI-driven Automated Project Controls™ and schedule analytics platform built for construction, announced the appointment of Majid Malek as Chief Operating Officer. In this role, Malek will oversee go-to-market operations, drive cross-functional alignment, and support the company's continued growth as a category-defining leader in construction technology. The appointment comes as SmartPM enters its next phase of growth, evolving its internal systems to support growing demand for its project controls solution across general contractors, owners, and consultants. Malek brings more than 25 years of experience across technology, data, and AI-driven businesses. Holding graduate degrees in Electrical Engineering from Stanford and Computer Science from Georgia Tech, Malek started his career designing wireless systems at Hewlett Packard, followed by leading the Qualcomm team responsible for integrating cellular modems into Apple iPhones and iPads. Most recently, Malek served in a key leadership role at UK-based Featurespace, a global leader in AI-driven financial crime prevention. During his tenure, he helped scale
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Revalize, a worldwide leader in CAD, CPQ, and PLM software solutions for manufacturers, today announced a partnership with invenio Virtual Technologies. The collaboration aims to provide manufacturers across the DACH region with a more efficient and fully digital product development process. By combining Revalize’s PRO.FILE PDM/DMS solution with invenio’s VT‑DMU offering, the partnership enables seamless workflows covering every step from version checks to high‑performance 3D processing. The benefits are clear: engineering teams can reduce iteration cycles, validate quality earlier, protect sensitive design data, and accelerate time‑to‑production. The partnership is designed to deliver tangible value in day‑to‑day operations without adding complexity. To view the original press release, please click here. Search for Revalize on CIMdata.com Search for invenio Virtual Technologies on CIMdata.com
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Netskope, a leader in modern security and networking for the cloud and AI era, announced that it will release financial results for its fourth quarter and fiscal year 2026 ended January 31, 2026, after the market closes on Wednesday, March 11, 2026. Management will host a live conference call that day at 2:00 pm PT / 5:00 pm ET to discuss the company’s financial results. A live webcast of the conference call and related materials can be accessed from the company’s investor relations website at https://investors.netskope.com. Following the call, a replay of the webcast will also be available on the investor relations website. To view the original press release, please click here. Search for Netskope on CIMdata.com
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PTC reported financial results for its first fiscal quarter ended December 31, 2025. “PTC delivered solid financial results in Q1’26, driven by large deal volume and competitive displacements. The continued progress we’re making with our go-to-market transformation is resulting in strong and strategic demand capture. This gives us greater confidence that we are building a more durable, multi-year growth engine,” said Neil Barua, President and CEO, PTC. “More broadly, our Intelligent Product Lifecycle vision is gaining momentum. As the product development landscape evolves, our customers and partners understand the importance of product data as an enterprise-wide asset and its role in powering AI-driven transformation. PTC is uniquely positioned to deliver the Intelligent Product Lifecycle with our core products serving as the trusted systems of record for product data and AI across the full lifecycle,” concluded Barua. First Fiscal Quarter 2026 Key Operating and Financial Metrics“For a second consecutive quarter, we significantly stepped up the
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In conjunction with Sandvik’s Capital Markets Day on May 20, 2025, Sandvik announced an updated Group structure effective as of January 1, 2026. Following the establishment of two new business areas through the separation of Machining and Intelligent Manufacturing, Sandvik is now publishing proforma figures for each new business area. Machining1) MSEK 2025 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1-Q4 Order intake 11,748 10,935 10,420 12,033 45,137 Organic order intake growth, % -6 0 7 15 4 Revenues 11,224 10,925 10,560 11,295 44,003 Organic revenue growth, % -5 -2 4 11 2 Adjusted EBITA* 2,359 2,148 2,010 2,183 8,700 Adjusted EBITA margin* 21.0 19.7 19.0 19.3 19.8 Items affecting comparability -64 -602 -29 -39 -734 Net working capital, % R12 30.5 30.8 30.8 30.6 30.6 Return on capital employed, % R12 13.5 12.2 12.3 12.7 12.7 ROCE, ex amortization on surplus values, % R12 14.6 13.3 13.4 13.7 13.7 No of employees 19,281 19,093 18,893 18,652 18,652 Intelligent Manufacturing1) MSEK 2025 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1-Q4 Order intake 958 728 675 917 3,279 Organic order intake growth, % 6 1 10 16 82) Revenues 728 750 774 864 3,117 Organic revenue growth, % 0 6 6 13 62) Adjusted EBITA* 150 151 171 215 686 Adjusted EBITA margin* 20.6 20.1 22.0 24.9 22.0 Items affecting comparability -15 -14 -9 -12 -51 Net working capital, % R12 -19.4 -20.8 -22.1 -22.5 -22.5 Return on capital employed, % R12 -0.7 -0.9 -0.4 0.4 0.4 ROCE, ex amortization on surplus values, % R12 9.2 9.2 9.8 10.7 10.7 No of employees 1,258 1,307 1,315 1,323 1,323 *Adjusted for items affecting comparability 1) For more details, including divested assets in Intelligent Manufacturing, see Historical financial data on Financial information 2) The ongoing SaaS conversion negatively impacted revenue growth
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TPG Inc., a leading global alternative asset management firm, reported its unaudited results for the fourth quarter and full year ended December 31, 2025. A detailed presentation is available through the Investor Relations section of TPG’s website at shareholders.tpg.com. "2025 was an outstanding year for TPG, marked by exceptional execution across our global franchise. We achieved new records, with more than $51 billion raised and $52 billion deployed, and these results – combined with the continued scaling of our business and double-digit value creation across nearly all our platforms – have driven our total AUM to more than $300 billion,” said Jon Winkelried, Chief Executive Officer. “We started 2026 with significant momentum and our increased scale and diversification, coupled with $72 billion in dry powder, position us well to navigate the evolving market landscape, while continuing to deliver sustained growth and differentiated value for our clients and shareholders." DividendTPG has declared a quarterly dividend
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Siemens announced the acquisition of Canopus AI, an innovator in computational and AI-driven metrology solutions, enabling semiconductor manufacturers to achieve new levels of precision and efficiency in wafer and mask inspection processes. This acquisition strengthens Siemens’ position in the semiconductor manufacturing ecosystem and expands its semiconductor design and manufacturing digital thread by integrating additional cutting-edge metrology technologies, enhanced with advanced AI capabilities.  The semiconductor industry faces increasingly complex manufacturing challenges as device geometries continue to shrink and production volumes scale. Massive metrology has become critical to ensuring quality and yield in advanced semiconductor fabrication. Canopus AI’s innovative AI-powered solutions complement Siemens' existing portfolio, providing semiconductor manufacturers with intelligent inspection and measurement capabilities that drive operational excellence.   “The acquisition of Canopus AI exemplifies Siemens' commitment to leveraging industrial AI to solve critical challenges in semiconductor manufacturing,” said Tony Hemmelgarn, president and CEO, Siemens Digital Industry Software. “By combining the computational lithography and manufacturing physics simulation capability in our Calibre portfolio
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Aras, a leader in product lifecycle management (PLM) and digital thread solutions, announced that Przemek Berendt has joined the company as Senior Vice President of Engineering and AI Transformation, and Vijay Raman as Vice President of Product Acceleration. In these roles, they will help scale Aras’ product development efforts, advance its SaaS delivery model, and drive its AI-focused product strategy forward. Berendt brings more than 20 years of experience building and leading global software engineering organizations across enterprise and high-growth environments. Most recently, he built Volvo Cars’ R&D center in Krakow, scaling it to more than 200 engineers working on next-generation vehicle platforms. Previously, he founded Talent Alpha, helped scale Luxoft from $100M to $900M in revenue, and held product and engineering leadership roles at Procter & Gamble. He holds an MSc in Computer Science from DePaul University and is an alumnus of Harvard Business School’s Program for Leadership Development. “Aras has built an innovative PLM platform designed
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The strategic partnership combines CONTACT’s PLM, MES, and IIoT solutions with TJ Digital Systems’ problem-solving expertise to streamline engineering and manufacturing processes for companies across the United Kingdom. In today’s highly competitive market, efficient product development and manufacturing processes are critical for business success. Digital solutions are key to achieving this: Product Lifecycle Management (PLM) enables cross-team collaboration and accelerates development, while Manufacturing Execution Systems (MES) support efficient scheduling and resource allocation. Industrial machinery connected through the Internet of Things (IIoT) provides real-time production insights to identify bottlenecks, reduce downtime, and improve product quality.  Now, CONTACT Software joins forces with TJ Digital Systems to roll out end-to-end digital solutions for manufacturers in the UK. The strategic partnership combines CONTACT’s modular Elements platform with TJ Digital Systems’ deep knowledge of the UK manufacturing sector and proven expertise in systems integration, digital consultancy, and performance delivery. CONTACT Elements enables companies to merge data silos into a single
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Dassault Systèmes and NVIDIA announced a long-term strategic partnership to establish a shared industrial architecture for mission-critical artificial intelligence across industries. Combining Dassault Systèmes’ Virtual Twin technologies with NVIDIA AI infrastructure, open models and accelerated software libraries will establish science-validated industry World Models, and new ways of working through skilled virtual companions on the agentic 3DEXPERIENCE platform, that empower professionals with new expertise. “We are entering an era where artificial intelligence does not just predict or generate, but understands the real world. When AI is grounded in science, physics and validated industrial knowledge, it becomes a force multiplier for human ingenuity,” said Pascal Daloz, CEO of Dassault Systèmes. “Together with NVIDIA, we are building industry World Models that unite Virtual Twins and accelerated computing to help industry design, simulate and operate complex systems in biology, materials science, engineering and manufacturing with confidence. This partnership establishes a new foundation for industrial AI, one that is trustworthy
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