CIMdata Blog

AtkinsRéalis, a global leader in engineering, design, and project management, has entered into a strategic four-year partnership with Revizto, the industry-leading Integrated Collaboration Platform. This collaboration will enhance AtkinsRéalis’ digital capabilities, enabling its teams to deliver more efficient, innovative, and sustainable solutions across both built and natural environments.  As part of this partnership, Revizto’s cutting-edge technology will be fully integrated into AtkinsRéalis’ operations, ensuring seamless alignment of people, data, and technology. This integration supports AtkinsRéalis’ ongoing commitment to “engineering a better future for our planet and its people.” “At AtkinsRéalis, our vision of ‘shaping the future of our industry and our world’ is rooted in partnerships that deliver tangible, transformative value. This collaboration with Revizto elevates every facet of our operations, ensuring that we continue to deliver exceptional outcomes for our clients. By leveraging Revizto, we empower our teams to collaborate with precision, optimise project efficiency, and engineer consistently better outcomes. Together, we are driving forward high-value, innovative

Simulations Plus, Inc. (“Simulations Plus”), a leading provider of biosimulation, simulation-enabled performance and intelligence solutions, and medical communications to the biopharma industry, announced a newly funded grant from the U.S. Food and Drug Administration (FDA), secured in partnership with the University of Strathclyde and InnoGI Technologies. The project is expected to improve the understanding of amorphous solid dispersion (ASD) formulations in different conditions and predict the impact of food and pH-dependent drug-drug interactions (DDIs) through the combination of novel in vitro testing and mechanistic modeling and simulation. For this award, Professor Hannah Batchelor, through her lab at the University of Strathclyde, will analyze ASD drug products and their respective formulation variants. InnoGI Technologies will then test the different ASD formulations under fasted, fed, and higher gastric pH conditions utilizing the tiny-TIM sg , part of the SurroGUT™ Platform, in vitro system. Next, physiologically based pharmacokinetic (PBPK) models will be developed in the GastroPlus® platform to link in vitro dissolution with in vivo pharmacokinetic data

Centric Software® is pleased to announce that TPV Technology Limited, a leading global electronics manufacturer has selected Centric PLM™ to centralize product information and streamline workflows. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such as consumer electronics, fashion, outdoor, luxury, multi-category retail, grocery, food & beverage and cosmetics & personal care to achieve strategic and operational digital transformation goals. TPV Technology, established in Taiwan in 1967, is a leading global manufacturer of monitors and TVs, listed on the Shenzhen Stock Exchange. For 20 consecutive years, TPV has held the top position in the monitor market, commanding a steady 30% market share. Operating under a dual Original Brand Manufacturer (OBM) and Original Design Manufacturer (ODM) business model, TPV designs and manufactures products for major TV and PC brands, while also producing its own brands such as AOC, AGON and

 PDF Leading PLM solutions industry provider acquires Altair, Inc. On Wednesday, October 30, 2024, Siemens AG, the German multinational technology conglomerate, announced its intention to acquire Altair, Inc., a global leader in physics-based simulation and analysis solutions, high-performance computing (HPC), and artificial intelligence (AI) and data analytics. While Siemens AG already has a significant digital transformation portfolio in its Digital Industries Software business unit, Altair expands their portfolio further with HPC, data analytics, and key simulation technologies such as CAD-neutral modeling and meshing tools, implicit and explicit dynamics solvers, electromagnetics solvers, and topology optimization, all integrated with state-of-the-art AI/machine learning (ML) capabilities. The simulation and analysis (S&A) segment of the overall PLM market will be most impacted by this acquisition. CIMdata estimates US$10B annual S&A segment revenue in 2024 with near double-digit annual growth over the next 5 years. The combined Siemens and Altair S&A portfolio will be comprehensive and cover the major

Qualtrics, the leader and creator of the experience management category, today announced X4: The Experience Management Summit is returning to Salt Lake City March 18-20, 2025. Registration is open now. X4 2025 will bring together more than 8,000 C-suite executives, thought leaders and experience management professionals for three days of learning, inspiration and connection. Over three action-packed days, attendees will hear from leaders of the world’s biggest brands and organizations and learn how great experiences are a competitive advantage in today’s high-stakes business environment. X4 will feature informative, inspiration-filled breakout sessions and collaborative workshops about the latest AI-powered innovations and trends in experience management. More than 80% of X4 2024 attendees said they learned how to solve a critical business challenge at the conference. “X4 is the essential event for any business leader who wants to create strong connections with customers and employees at scale,” said Qualtrics Chief Marketing Officer Lynn Girotto. “With insights from

KORE Group Holdings, Inc. ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler, and provider of IoT Connectivity, Solutions and Analytics announced that on November 13, 2024, following the U.S. market closing it will release its financial results for the third quarter of 2024. KORE will host a live webcast, followed by a question-and-answer period the same day at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss the financial results. Date: November 13, 2024Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Webcast Event:link U.S. dial-in: (877) 407-3039International dial-in: +1 (215) 268-9922Conference ID: 13749781 To view the original press release, please click here. Search for KORE on CIMdata.com

Procore Technologies, Inc., the leading global provider of construction management software, announced financial results for the third quarter ended September 30, 2024. “We have made good progress on our go-to-market transition we announced last quarter,” said Tooey Courtemanche, Founder, President, and CEO of Procore. “We believe this evolution will position us to become a multi-billion revenue company, while building deep and lasting partnerships with our customers.” "We are on track to expand operating margins by 900 basis points at the high-end for FY24 and our guidance for FY25 calls for further expansion,” said Howard Fu, CFO of Procore. “Long-term growth remains our priority, and we are confident that our investments will best position Procore to capture the massive and under-penetrated opportunity ahead of us.” Third Quarter 2024 Financial Highlights: Revenue was $296 million, an increase of 19% year-over-year. GAAP gross margin was 81% and non-GAAP gross margin was 85%. GAAP operating margin was (12%) and non-GAAP

Rockwell Automation introduces FactoryTalk® DataMosaix™ App Builder, a low/no code application development builder that’s tightly integrated with FactoryTalk DataMosaix Private Cloud, an industrial DataOps solution providing flexible options that fit most business needs. FactoryTalk DataMosaix enables customers to manage the application and their data, if required, on cloud platforms such as Microsoft Azure, Amazon Web Services (AWS) and Google Cloud Platform (GCP), or in an on-premise datacenter. Now, with the App Builder, customers can easily and quickly configure new dashboards with a variety of pre-defined visualization tools in a drag-and-drop interface. Render content on a desktop or mobile device and easily select contextualized data from FactoryTalk DataMosaix Private Cloud. With this innovative solution, rapidly build static reports that are automatically generated and shared with teams: schedule automated reports on a defined frequency, export PDF reports and set up email distribution lists to automatically share reports with stakeholders. And quickly view data in

Vectorworks 2025 sets new standards in the areas of BIM planning, 3D interactivity and visualization. New, intelligent tools allow users to create models more effectively, design more diverse plans and visualize data in a more meaningful way. This not only creates the basis for well-founded decisions, but also opens up a new level of visual understanding and communication - at every stage of the planning process. "At Vectorworks, we're dedicated to creating usability wins for our customers, ensuring that our software doesn't dictate the limits of what's possible,” said Vectorworks CEO Dr. Biplab Sarkar. “Our latest version is a testament to this commitment, providing powerful tools that seamlessly integrate into your workflow, allowing you to focus firmly on your ideas without obstacles." For All Designers In an era where designers demand more from their technology, Vectorworks 2025 rises to the occasion, delivering a design software experience that mirrors the way users want to

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, announced the launch of the Finacle Data and AI Suite, a set of solutions to empower banks to infuse AI into their digital operations and accelerate their enterprise AI journey. The suite will offer a comprehensive set of platforms that enable banks to build low-code, predictive as well as generative AI solutions from the ground up with high transparency and explainability. It will help banks scale their data readiness, industrialize AI model development, apply generative AI technologies, and deliver actionable insights across their entire ecosystem. The Finacle Data and AI Suite is a part of Infosys Topaz – an AI-first set of offerings using generative AI technologies and steered by a ‘responsible by design’ approach that ensures strong standards of AI ethics, trust, privacy, security and regulatory compliance. The suite consists of three components. Finacle Data Platform: It includes an automated data pipeline to clean, transform, and