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Items filtered by date: November 2022 - CIMdata
Graitec, a global leader in architecture, engineering, construction, and operations (AECO) software solutions, is pleased to announce Innovate2BUILD, its annual global virtual summit dedicated to accelerating AECO innovation through AI and automation. This two-day, free global event brings together architects, engineers, constructors, owners, fabricators, and technologists to explore the technologies reshaping how projects are designed, built, and delivered. As digital transformation continues to redefine the built environment, Innovate2BUILD provides a transformative  platform for forward-thinking AECO professionals to gain insights, share strategies, and engage with leaders shaping the future of practice. What Is Innovate2BUILD? Innovate2BUILD is a global virtual event designed by Graitec to help AECO and manufacturing teams harness the power of emerging technologies. Over two days, participants will explore how artificial intelligence, automation, and data-driven workflows are unlocking new levels of efficiency, precision, and collaboration. “Our customers are navigating an extraordinary moment of change, and they’re looking for clarity, confidence, and practical
Published in Newsletter Articles
Tata Consultancy Services reported its consolidated financial results according to Ind AS and IFRS, for the quarter ending December 31, 2025. Highlights of the Quarter Ended December 31, 2025 Revenue at $7,509 million, up 0.6% QoQ, Sequential growth: 0.8% in Constant Currency Annualized AI Services Revenue at $1.8 billion; up 17.3% QoQ in Constant Currency Operating Margin at 25.2%; stable sequentially Net Income at $1,503 million, +3.1% YoY | Net Margin at 20.0%; Up 40 bps QoQ Cash flow from Operations at 130.4% of Net Income Q3 Total Contract Value (TCV): US$9.3 billion Dividend per share: ₹57 including₹46 per share as special dividend| Record date 17/01/2026| Payment date 03/02/2026 K Krithivasan, Chief Executive Officer and Managing Director, said “The growth momentum we witnessed in Q2FY26 continued in Q3FY26. We remain steadfast in our ambition to become the world’s largest AI-led technology services company, guided by a comprehensive five-pillar strategy. Our AI services now generate $1.8 billion in annualized revenue, reflecting the significant value we provide to clients through targeted investments across the entire AI stack, from Infrastructure to Intelligence.” Aarthi Subramanian, Executive
Published in Newsletter Articles
DXC Technology, a leading enterprise technology and innovation partner, announced that it will release its third quarter fiscal 2026 financial results on Thursday, January 29, 2026, after the market close. Following the release, DXC Technology's senior management will host a conference call and webcast at 5:00 p.m. ET. The dial-in number for domestic callers is 888-330-2455. Callers who reside outside of the United States should dial +1-240-789-2717. The passcode for all participants is 4164760#. A live webcast will be available on DXC Technology's Investor Relations website. A replay of the conference call will be available until 11:59 PM ET on February 5, 2026, at 800-770-2030. The replay passcode is 4164760#. A transcript of the conference call will be posted on DXC Technology's Investor Relations website. To view the original press release, please click here. Search for DXC Technology on CIMdata.com
Published in Newsletter Articles
ANN ARBOR, Michigan, USA 12 January 2026—CIMdata, Inc., the leading global research, consulting, and education firm specializing in Product Lifecycle Management (PLM) and the Digital Transformation it enables, is pleased to announce the promotion of James Roche to Vice President, Aerospace & Defense Practice. Mr. Roche, who previously served as Director of the Aerospace & Defense Practice, has been instrumental in expanding CIMdata’s footprint within the global A&D community. In his new role, he will assume broader strategic responsibilities, overseeing the practice's growth and ensuring CIMdata continues to provide world-class insights into the complex requirements unique to the aerospace and defense sectors. “Jim’s deep industry expertise and his ability to navigate the complex challenges facing the aerospace and defense industry have been invaluable to CIMdata and our clients,” said Peter Bilello, President and CEO of CIMdata. “This promotion reflects both his personal contributions and the strategic importance of the A&D sector to
Published in News & Press
Bridgit, the leader in construction workforce planning software, closes 2025 with another year of record growth, expanded global footprint, and continued product innovation. The company now supports 332 customers who manage more than 90,000 construction staff daily through Bridgit.  “These milestones show how quickly workforce planning is becoming a strategic discipline for leading builders,” said Mallorie Brodie, CEO and Co-founder of Bridgit. “Our customers are using Bridgit to align people and projects at massive scale—across geographies, sectors, and project types—and they’re doing it with better visibility and more confidence than ever.” Expanding Enterprise and Global PresenceBridgit continued to expand its presence with large, complex builders in 2025. Adoption among ENR-ranked contractors grew by over 30% which now includes more than 50% of the ENR 50, and usage deepened inside existing enterprise accounts as organizations standardized on Bridgit for workforce planning. The company’s international expansion also accelerated, with 162% year-over-year growthacross Australia, New Zealand,
Published in Newsletter Articles
IFS, the leading provider of Industrial AI software, has announced the winners of its 2025 Partner of the Year Awards during the Global Partner Summit in Dallas. The awards recognize the outstanding contributions of IFS’s global partner ecosystem and their critical role in driving innovation, growth, and customer success across industries. The 2025 Partner of the Year Awards showcases partners who are central to IFS’s Partner First strategy, reflecting their impact on how IFS is taken to market and delivered to customers across industries. Over the past year, partners were involved in 85 percent of new deals, underscoring the strength of IFS’s co-selling model and the trust customers place in joint engagement. A 70 percent year-on-year increase in partner certifications reflects continued investment in enablement to support confident selling and delivery of IFS Cloud and Industrial AI. Across the partner ecosystem, Industrial AI is increasingly being applied within operational environments, from asset-intensive industries
Published in Newsletter Articles
OpenBOM announced a new pricing and licensing model for 2026, designed to lower the barrier to entry for new customers while scaling predictably with product data growth. The updated model supports modern engineering and manufacturing workflows, including CAD and ERP integrations, API-based usage, and upcoming AI capabilities. “When customers succeed, their products and data grow with them,” said Oleg Shilovitsky, Co-Founder and CEO of OpenBOM. “Our new pricing model is designed to start small, scale fairly, and support collaboration, integrations, and future AI-driven workflows.” Availability and Customer ImpactThe new pricing model is available immediately (January 2026). New customers may choose between the existing pricing model or the new 2026 pricing by working with OpenBOM sales. Existing customers are fully grandfathered and may continue and renew under their current contract terms. To view the original press release, please click here. Search for OpenBOM on CIMdata.com
Published in Newsletter Articles
PROSTEP, a leading specialist for PLM integration and digital thread solutions, announced its participation as a solution provider in the CIMdata-administered Aerospace & Defense PLM Action Group (AD PAG) Digital Twin–Digital Thread Solution Evaluation Benchmark. The newly released benchmark report confirms that substantial value from digital twin and digital thread investments is already being realized today across the aerospace and defense lifecycle. The AD PAG initiative was launched to establish a clearer understanding of what is currently possible with commercially available digital twin and digital thread solutions, based on real-world demonstrations and expert evaluation. The benchmark was conducted by domain experts from leading aerospace and defense organizations in collaboration with CIMdata and industry partners. PROSTEP participated alongside other global solution providers, contributing demonstrations and insights into implementation strategies, current value delivery capabilities, and future digital thread visions in complex, heterogeneous IT environments. “Digital twin and digital thread concepts are moving decisively from vision to execution
Published in Newsletter Articles
IFS, the leading provider of Industrial software, announces a strategic partnership with Cadillac Formula 1® Team ahead of the team making its highly anticipated debut in Formula 1. This partnership brings together two forces committed to precision, speed and innovation – values that define both motorsport and IFS’s ability to deliver intelligence and impact to the world’s most progressive industrial businesses. As Cadillac Formula 1® Team’s official technology partner, IFS is used across multiple areas of the team. The phased rollout, which began even before the team was granted formal entry to the sport, with core financials and procurement capabilities, expanded to include supply chain, production and quality management. By supporting areas like inventory and engineering management, IFS’s technology ensures that critical parts are available when the Team need them. By optimizing resources and enabling real-time decision-making, IFS is empowering Cadillac Formula 1® Team to make informed decisions on car design and
Published in Newsletter Articles
Bentley Systems, Incorporated, the infrastructure engineering software company, announced its Blyncsy solution is being used by the Hawaii Department of Transportation (Hawaii DOT) in the Eyes on the Road program—an initiative driven by the Hawaii DOT in partnership with The University of Hawaii to enhance roadway safety statewide. The Eyes on the Road project provides 1,000 free high-resolution dash cameras to Hawaii residents to install in their vehicles, to improve roadway conditions and keep the roads safe. The cameras record video automatically as residents drive normally each day. The collected crowd-sourced imagery captures road safety issues such as guardrail damage, vegetation encroachment, debris on the road or along the shoulder, and other roadway hazards. The footage is uploaded to the cloud through a cellular connection and then automatically analyzed using machine learning algorithms and advanced AI analytics from Bentley’s Blyncsy, anonymously. Blyncsy, part of Bentley’s Asset Analytics portfolio, transforms dash camera footage and other roadway
Published in Newsletter Articles
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