CIMdata Blog

PTC reported financial results for its fourth fiscal quarter and full fiscal year ended September 30, 2024. “In fiscal year 2024, we again delivered solid ARR and cash flow, with year-over-year ARR growth in the low double-digits and cash flow growth above 20%. We have a differentiated strategy that leverages our unique portfolio to help product companies accelerate their time to market and manage increasing complexity. It’s an exciting time because our products are at the epicenter of driving business transformation at our customers,” said Neil Barua, President and CEO, PTC. “We continue to focus on increasing customer value while enhancing shareholder returns,” Barua continued. “Today we announced a new $2 billion share repurchase authorization through the end of fiscal 2027. We are also strengthening our ability to scale our business by realigning our go-to-market organization to better serve our customers,” concluded Barua. PTC’s Fiscal Fourth Quarter and Full Year Results Conference Call The Company

Rockwell Automation, Inc. reported fiscal 2024 fourth quarter and full year results and introduced fiscal 2025 guidance. "Orders for the quarter came in lower than expected, reflecting continued softness in many of our end markets. Operating performance was solid, with good sales conversion, margin, and EPS. The performance of our Lifecycle Services segment stands out, with its higher exposure to process end markets, growth in digital services, and continued margin expansion. Reflecting on the full year, our people around the world have demonstrated remarkable dedication to serve our customers and bring new innovation to market, and to make the changes necessary to position us for market-beating growth and profit,” said Blake Moret, Chairman and CEO. Fiscal Q4 2024 Financial Results Fiscal 2024 fourth quarter sales were $2,036 million, down (21)% compared to $2,563 million in the fourth quarter of fiscal 2023. Organic sales decreased (21)% and acquisitions increased sales by 1%, which was

Altair, a global leader in computational intelligence, announced it is providing engineers access to advanced printed circuit board (PCB) verification tools at no cost with Altair® PollEx™ for ECAD. PollEx for ECAD empowers organizations to streamline design processes, enhance product quality from the earliest stages, and make smarter PCB design decisions. Available as a one-year free trial, PollEx for ECAD integrates seamlessly with all leading electronic computer-aided design (ECAD) tools.  “PollEx for ECAD offers users incredible PCB verification capabilities at no cost, allowing them to integrate with leading ECAD tools and transform their PCB design workflows,” said Sam Mahalingam, chief technology officer, Altair. “This is a can’t-miss opportunity for teams and organizations responsible for designing and manufacturing PCBs. We encourage all users to try this software and discover its potential firsthand.” PollEx for ECAD – part of the Altair® HyperWorks® design and simulation platform – includes the core capabilities of Altair® PollEx™, offering essential PCB verification

One of KeyCreator's enduring strengths over the decades is the working flexibility to adapt in the moment for what your job calls for. With the intuitive efficiency of direct modeling and the capacity to deliver usable geometry from almost any CAD file, KeyCreator continues to provide outstanding performance for solving the problem at hand to keep projects moving. So we are excited that one of our technology partners, CADENAS 3Dfindit, has something new that also helps CAD users keep projects moving efficiently. With their new CAD SCOUT 3Dfindit browser extension, they have made it easier than ever to quickly find component models you need for your design and bring that 3D data into your workspace. By allowing users to easily bring in precise models of common components through a simple web interface, these products keep users focused on the main problem-solving tasks of design without being delayed trying to account for

Stratasys Ltd., is collaborating with AM Solutions – 3D post processing technology, a brand of the Rösler Group, to launch Stratasys PowderEase™ TI, an innovative 3-in-1 post-processing solution designed for the Stratasys H350® SAF® powder bed printer. This new post-processing system drives towards important customer milestones, including shorter time to finished parts, more efficient powder use, and the ability handle the outcome of multiple printers at one time with a single T1 system. The PowderEase T1 will be manufactured at the German location of the Rösler brand AM Solutions - 3D post processing technology. This groundbreaking automated powder handline solution combines multiple post-processing steps into a single, streamlined unit, significantly simplifying workflows, reducing operational costs, and improving overall productivity for users. The new PowderEase T1 solution offers several key advantages to SAF users: 3-in-1 Functionality: Automates powder breakout, retrieval, and dosing to minimize manual labor. Scalable Efficiency: A single system can comfortably serve up to six H350 printers,

Siemens Digital Industries Software announced today the Innexis product suite, a complement to its industry leading Veloce™ hardware-assisted verification and validation system. Building on the success and rapid adoption of Veloce, Siemens’ Innexis product suite delivers a set of capabilities to address customer demand for shift-left software in the early phases of IC development. These products include a hardware/software development flow from virtual to hybrid to full RTL, an architecture native virtual platform for early high-speed software development and a simulation backplane that enables the development of digital twins in Siemens’ PAVE360™ software for software-defined vehicles and other complex systems. “The complexity of integrated circuits (IC) is increasing exponentially, designers need more efficient methodologies to meet industry demands. Veloce has seen rapid adoption by industry leaders to help solve this critical bottleneck. The Innexis product suite extends workflow improvements from Veloce to help our customers shift left their IC development and debug

Stratasys announced the launch of SAF ReLifeTM, an innovative software-based solution that transforms waste PA12 powder from other additive manufacturing (AM) technologies into high-quality parts. The SAF ReLife solution can efficiently repurpose waste PA12 powder from powder bed fusion printers, including high-speed sintering, SLS (selective laser sintering) and jetting build processes for use within the Stratasys H350 printer. This sustainable solution helps customers produce high-quality surface finished parts with powder that otherwise considered waste. This new technology can significantly lower the cost-per part for customers; improve their material efficiency; and reduce their overall carbon footprint per build. "SAF ReLife gives customers a unique ability to make high-quality parts with powder considered waste from other polymer powder bed fusion processes,” said Neil Hopkinson, Vice President, Additive Manufacturing Technology, Stratasys. “Our patented unidirectional print-and-fuse architecture and thermal control uniquely enable this capability at production volumes." Wehl Green, a leading service bureau, beta tested SAF ReLife

 PDF Hexagon Integrates Multi-Discipline Battery Physics with Manufacturing Key Takeaways Companies need new, robust digital solutions that enable the design, packaging, and manufacturing of the latest innovative battery subsystems. New battery technologies are emerging and evolving faster due to improved understanding as innovative options are assessed using advanced simulations. Hexagon provides simulation capabilities that leverage electrochemistry, physics, and test data, designed to aid battery engineers to innovate across all physics, from anode and cathode details to final battery packaging into products. Hexagon also provides virtual manufacturing, inspection, and calibration solutions that accelerate manufacturing and reduce scrap rates. Furthermore, Hexagon provides state-of-the-art gigafactory digitalization and visualization to help optimize agile manufacturing planning and operations required by the accelerated development of battery products while assuring sustainability and traceability criteria remain visible. Challenges Facing Battery Engineering Batteries provide energy storage for complex products, from cell phones to electric vehicles (EVs) and short flight aircraft to buildings that need sustainable and reliable energy

Blyncsy, a Bentley Systems, Incorporated company, announced that it has achieved the Google Cloud Ready – Sustainability designation in the Google Cloud Partner Advantage Program. By earning the Sustainability designation, Blyncsy has proven its success in building and producing solutions and tools on Google Cloud to help customers achieve their sustainability and Environmental, Social, Governance (ESG) goals. The designation was awarded based on Blyncsy’s AI-powered road maintenance and asset inventory technology, which is used by state Department of Transportation (DOT) agencies across the United States to conduct automated roadway inspections using crowdsourced dash camera imagery combined with AI analytics. Insights provided by Blyncsy’s technology can supplant the need for state DOT operations and maintenance departments to conduct manual inspections of roadway conditions, which can help remove tens of thousands of pounds of carbon emissions from the air annually for each vehicle removed from these costly activities. The new solutions of the Google Cloud

Centric Software® is pleased to announce a strategic partnership with FoodChain ID, a trusted technology solutions provider for food safety, quality and sustainability. This collaboration aims to enhance supply chain transparency and drive sustainable practices across the food, beverage and cosmetics sector. Centric Software provides the most innovative enterprise solutions to plan, formulate, develop, procure, manufacture and sell consumer goods products in food & beverage, grocery, cosmetics & personal care, fashion and multi-category retail to achieve strategic and operational digital transformation goals. As the global demand for transparency in food sourcing and production continues to rise, this partnership brings together Centric PLM™ with FoodChain ID’s expertise in food safety and regulatory compliance. Together, they will empower brands to streamline their product development processes while ensuring adherence to sustainability standards and food safety regulations. “Our partnership with FoodChain ID represents a significant step forward in our commitment to supporting food and cosmetic manufacturers in