CIMdata Blog

Trimble Inc. announced financial results for the third quarter of 2024. Third Quarter 2024 Financial Highlights Revenue of $875.8 million, down 9 percent on a year-over-year basis, up 3 percent on an organic basis Annualized recurring revenue ("ARR") was $2.19 billion, up 13 percent year-over-year, up 14 percent on an organic basis GAAP operating income was $116.4 million, 13.3 percent of revenue and non-GAAP operating income was $224.8 million, 25.7 percent of revenue GAAP net income was $40.6 million and non-GAAP net income was $171.9 million Diluted earnings per share ("EPS") was $0.16 on a GAAP basis and $0.70 on a non-GAAP basis Adjusted EBITDA was $237.4 million, 27.1 percent of revenue Executive Quote "The Trimble team executed well in the quarter, exceeding expectations on both top and bottom lines, while delivering a record $2.19 billion of ARR and record gross margin of 68.5 percent," said Rob Painter, Trimble's President and Chief Executive Officer. "We continue to progress our Connect & Scale strategy with the recently announced Mobility divestiture, which will further simplify and focus

 PDF Applying new technologies to accelerate design, development, and decision-making Key Takeaways The Retail Footwear and Apparel (RFA) industry is under increasing pressure to accelerate the design of seasonal releases and address sustainability issues across the entire value chain. Automated and visual processes are becoming key to successfully meet the challenges. Success requires businesses in the RFA industry to adopt new technologies and working paradigms to meet the increasing speed of change and the need for personalized offerings in a sustainable manner. RFA industry companies must optimize processes through digitally-driven decision-making and automation with reduced executive (physical) handovers. RFA industry businesses must integrate and digitally transform their end-to-end lifecycle instead of using stand-alone tools and siloed processes. New technologies such as Generative AI and 3D modeling and simulation can be used to improve and accelerate the RFA industry’s processes and decision-making. Retail Footwear and Apparel Industry Challenges Businesses in the retail footwear and apparel (RFA) industry face many challenges ranging

Accenture has acquired Allitix, a consulting and technology company specializing in Anaplan solutions with capabilities across financial planning and analysis, sales performance management and supply chain. The acquisition further strengthens Accenture’s connected planning capabilities using Anaplan, a platform that helps organizations see, plan and lead better business outcomes, and enhances its ability to help clients standardize planning practices across business functions for increased agility, productivity, and data-driven decision making. Founded in 2017, Allitix is headquartered in Irvine, California. As a trusted Anaplan partner, Allitix provides tailored Anaplan-based solutions across finance, sales, supply chain, and human resources functions, with specific competencies in the manufacturing, consumer, technology, media and telecom and financial services industries. “Demand for connected enterprise planning is on the rise, given its ability to unlock business value and spur total enterprise reinvention,” said David Leckstein, senior managing director and lead, Americas Technology at Accenture. “Allitix’s highly skilled talent, deep domain expertise, and agile approach

Aspen Technology, Inc., a global leader in industrial software, announced that it has entered into a definitive agreement to acquire Open Grid Systems Limited, a global provider of network model management technology and a pioneer in developing model-driven applications supporting open access to data through industry standards. With this acquisition, AspenTech’s Digital Grid Management (DGM) suite will offer utilities a comprehensive, fully integrated network model management solution to address the acceleration of new grid assets, such as renewable generation, with increased flexibility to manage and scale network model data both inside and outside the control room. The transaction is subject to receipt of customary regulatory approvals and is expected to close before the end of 2024. Open Grid Systems’ unique model-driven technology enables utilities to view, edit, transform and analyze power system data with extensive support for industry-specific interoperability standards, enabling efficient data sharing across utility stakeholders and system operators. Combined

Aspen Technology, Inc. (“AspenTech” or the “Company”), a global leader in industrial software, announced financial results for its first quarter in fiscal 2025, ended September 30, 2024. Antonio Pietri, President and Chief Executive Officer of AspenTech, commented, “AspenTech continues to perform well amid ongoing macro uncertainty, delivering solid results to start fiscal 2025. We continue to see strong customer demand for our products and solutions to support their operational excellence and sustainability initiatives. The resilience of our ACV growth is a great indication of the mission-criticality of AspenTech’s technology to our customers.” Pietri continued, “At our recent investor day, we laid out a compelling strategy that underscored how we believe AspenTech is poised to benefit from global investments in decarbonization, electrification, and the transition to a new energy system. Looking ahead, we are confident in our ability to deliver consistent high-single to double-digit ACV growth while meaningfully expanding our ACV margin to

Autodesk, Inc. announced it will share its third quarter fiscal 2025 financial results conference call via its website on Tuesday, November 26, 2024, at 2 p.m. Pacific Time. Join the live webcast call here: autodesk.com/investors. An audio replay of the webcast will be available after 5 p.m. PT at autodesk.com/investors. More information will be available on autodesk.com/investors. To view the original press release, please click here. Search for Autodesk on CIMdata.com

In the third quarter of 2024 CENIT continues its strong performance seen in the first half-year of 2024 and remains on its growth path. After nine months, CENIT Group has generated sales revenues of EUR 151,433 k (previous year: EUR 133,305 k/+13.6%). Sales of third-party software increased by 12.0% to EUR 75,700 k (previous year: EUR 67,607 k). Sales of CENIT's own software increased significantly from EUR11,605 k to EUR 13,633 k (+17.5%). Sales revenues in the CENIT consulting and services segment increased by 15.3% to EUR 61,983 k (previous year: EUR 53,757 k). Gross profit (operating performance less cost of materials) amounted to EUR 88,838 k (previous year: EUR 78,970 k) and thus increased by 12.5%. CENIT achieved EBITDA of EUR 10,413 k (previous year: EUR 9,471 k/9.9%) and EBIT of EUR 3,966 k (previous year: EUR 4,599 k/-13.8%). The adjusted EBITDA totaled EUR 11.11 million (previous year: EUR 8.82 million/+26.0%) and

Modelon, a leading player in the simulation and analysis market that offers software products and complementary consulting services in industrial mathematical modeling, simulation and analysis of complex technical systems, invites investors to a presentation of the interim report for the period Jan – September 2024. CEO Jan Häglund together with CFO Jonas Eborn, will present the company on a webcast at 10.00 am CET on November 7, 2024. The presentation will be held in English and will be available at www.modelon.com. The live presentation as well as a recording will be available via the link below:https://www.redeye.se/events/1043799/live-q-modelon-2 To view the original press release, please click here. Search for Modelon on CIMdata.com

Xometry, Inc., the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, reported financial results for the third quarter ended September 30, 2024. “Q3 2024 represented another record-setting quarter for our company. Powered by our AI-driven marketplace, we achieved record revenues, record gross profit and record marketplace gross margin while capturing additional market share globally,” said Randy Altschuler, Xometry’s CEO. “We delivered better-than-expected results driven by strong 24% marketplace growth. The combination of our team’s strong execution, rapidly growing networks of buyers and suppliers, data-driven AI, and expanding enterprise relationships will continue to fuel strong revenue and gross profit growth.”  “We delivered another quarter of strong marketplace revenue growth and operating leverage demonstrating the value that we bring to global buyers and suppliers,” said James Miln, Xometry’s CFO. “Q3 Adjusted EBITDA loss improved 85% year-over-year driven by a 250 basis point increase in marketplace gross margin and operating efficiencies.” Third Quarter 2024

We are excited to present the latest release of 3drepo.io! In addition to all our enhancements we have also released 2D plans support, multiple image property in custom tickets, and much more. 2D plans support In 3D Repo version 5.12, 2D Plans Support has been introduced to enhance users’ ability to manage both 2D and 3D information within the platform. This support allows users to view, and interact with 2D plans alongside 3D models, providing a clearer visual context for project layouts and spatial planning. The feature enables seamless integration between 2D drawings and 3D environments, which can improve accuracy in design review and streamline collaboration by offering more comprehensive project views. 2D plans uploaded to a project are listed on the “Drawings” page where they can be managed and calibrated against federations and model containers. New “Multiple Image” Property in custom tickets This feature introduces the ability to upload multiple images as a property in custom tickets.