CIMdata Blog

DXC Technology, a leading Fortune 500 global technology services provider, announced an extended strategic partnership with ServiceNow, the AI platform for business transformation, to fast-track generative AI (GenAI) value for businesses globally. The companies have formed a Center of Excellence (CoE), bringing together DXC’s industry and implementation expertise with ServiceNow’s GenAI solutions, to streamline AI adoption for customers. Organizations face pressure to quickly realize value from AI investments. The DXC and ServiceNow GenAI Center of Excellence aims to help customers accelerate their AI journey by leveraging the core capabilities of DXC’s AI Impact, which combines consulting, engineering and secure enterprise services, with ServiceNow’s GenAI solution, Now Assist. At the GenAI CoE, DXC AI consultants will guide joint customers as they modernize with AI to optimize technology performance and deliver real-world results. For example, DXC has deployed Now Assist on its service delivery platform, transforming the incident management process and driving outcomes

At Formnext 2024, a new consortium of leading 3D printing companies has been announced to address the most pressing challenges that manufacturers face in adopting and scaling 3D printing technology for industrial use. Named Leading Minds, this collaboration brings together Ansys, EOS, HP, Materialise, Nikon SLM, Renishaw, Stratasys, and TRUMPF. The consortium seeks to overcome many of the barriers hindering the adoption of 3D printing, enabling manufacturing companies to integrate and scale 3D printing solutions more effectively. The consortium’s initial initiative aims to create a common language framework for 3D printing. According to the consortium, “3D printing has proven its worth across various sectors, transforming product design and providing highly customized solutions. Today, 3D printing is transitioning from niche innovations to high-volume manufacturing. To achieve this, the industry must overcome skepticism and deliver concrete, scalable solutions that will cement 3D printing as a cornerstone of modern industrial production.” Challenges in adoption and

At Microsoft Ignite, MongoDB, Inc. announced an expanded collaboration with Microsoft that introduces three new capabilities for joint customers. First, customers building applications powered by retrieval-augmented generation (RAG) can now select MongoDB Atlas as a vector store in Microsoft Azure AI Foundry, combining MongoDB Atlas’s vector capabilities with generative AI tools and services from Microsoft Azure and Azure Open AI. Meanwhile, users looking to maximize insights from operational data can now do so in near real-time with Open Mirroring in Microsoft Fabric for MongoDB Atlas. And the launch of MongoDB Enterprise Advanced (EA) on Azure Marketplace for Azure Arc-enabled Kubernetes applications enables organizations that operate across on-premises, multi-cloud, and edge Kubernetes environments to choose MongoDB. With these capabilities, MongoDB is meeting customers where they are on their innovation journeys, and making it easier for them to unleash the power of data. Through the strengthened MongoDB-Microsoft relationship, customers will be able to: Enhance

Netskope, a leader in Secure Access Service Edge (SASE), announced the extension of its partnership with Microsoft to provide advanced Security Service Edge capabilities to enterprise customers seeking to converge web, SaaS, and private application security into a single platform. Microsoft chose Netskope as its lead partner to deliver industry-leading Netskope One SSE integrated capabilities directly into the in-product experience of Microsoft Entra Suite. As enterprises leverage Netskope together with Microsoft’s product offering, this integration streamlines operations and processes for security practitioners, delivers and preserves a high-quality end user experience, and simplifies administration for customers that require complete SSE capabilities. Microsoft customers get a native SSE experience leveraging their investment in the Entra Suite, especially for Microsoft applications, and the ability to use Netskope’s Advanced SSE capabilities, such as advanced threat and data protection for Microsoft and non-Microsoft applications. The integrated SSE solution was announced today at Microsoft Ignite. “Microsoft continues to invest in

The EPLAN Partner Networks was founded in 2020, and PTC just joined it as a new technology partner. The interface between PTC Windchill and the EPLAN Platform will continue to be developed as the two companies strengthen their close cooperation. The current Connector allows users to manage data sets from EPLAN in the Windchill PLM system and merge them into a digital product file. The goal is clearly defined: users should benefit even more from the data consistency between electrical engineering and PLM. Both partners – EPLAN and PTC – are contributing their expertise and thereby continuing to make processes even more consistent for their common customers.  What was agreed back in June was ultimately finalised at the SPS in Nuremberg: PTC and EPLAN are strengthening their technology partnership. PTC is now also an official member of the EPLAN Partner Network, further consolidating the fruitful cooperation between the companies. The interface

Rockwell Automation, Inc., the world's largest company dedicated to industrial automation and digital transformation, and Microsoft Corp., a leading global technology company, are proud to announce an expanded strategic collaboration aimed at revolutionizing industrial transformation. Together, the companies will provide manufacturing customers with advanced cloud and AI solutions that deliver powerful data insights, streamline operations and enhance scalability – driving operational efficiency and sustainable growth across the industry. This shared vision is supported by several new releases that will be previewed this week as Microsoft joins Rockwell as an exhibiting sponsor at the highly anticipated Automation Fair® from Nov. 18-21 in Anaheim, Calif. This relationship uniquely combines Rockwell’s deep industrial automation expertise with Microsoft’s cutting-edge cloud and AI capabilities. Together, the companies will bridge the gap between traditional industrial practices and modern digital applications, creating integrated solutions designed to unlock the full potential of industrial data. "We are excited to strengthen our partnership with

Seequent, The Bentley Subsurface Company, announced a strategic partnership with the International Geothermal Association (IGA) to boost geothermal energy’s role as a sustainable and reliable renewable energy source. Geothermal draws energy from hot fluids travelling through the Earth’s subsurface. These fluids are utilised to drive turbines producing electricity, directly to heat homes or in industrial processes. Traditionally, geothermal energy has been viewed as energy restricted to environments where it is visible – however new technological breakthroughs and the realities of needing 24/7 access to energy are changing the investment landscape. Marit Brommer, Chief Executive Officer, IGA, said: “Geothermal energy has been overlooked as a reliable and sustainable energy source. It is uniquely positioned to provide this, and partnerships like this are essential to accelerating its growth. We are excited to partner with Seequent, whose technological innovations in subsurface modelling bring clarity to geothermal development, empowering countries to leverage this clean energy resource and drive meaningful progress

Acquisition Expands Suite of Global Solutions Across the EMEA for Attorneys, General Contractors, Sureties, Construction Lenders, Financiers The Vertex Companies, LLC (“Vertex”), a portfolio company of Wind Point Partners (“Wind Point”), is pleased to announce the acquisition of CBBG Group Construction Expert Services, Ltd (“CBBG”), a highly respected construction expert services firm with specific expertise in construction disputes and arbitration, including delay claims, disruption claims, quantum, expert determination and technical consulting. Vertex is a multidisciplinary professional services firm providing forensics, expert services, construction project advisory, and compliance and regulatory solutions. This partnership expands Vertex’s bench of technical experts and extends its forensic consulting and expert testimony capabilities further into the Europe, Middle East and Africa, particularly in construction expert services. “I am delighted to welcome CBBG to the Vertex family. I believe CBBG is the perfect fit to implement my strategy for expanding globally,” stated David Tortorello, CEO of Vertex. “The EMEA region

Tecsys Inc. will release its financial results for the second quarter of fiscal year 2025 ended October 31, 2024, on December 4, 2024, after the markets close. Tecsys President and CEO Peter Brereton, and CFO Mark J. Bentler, will host a conference call on December 5, 2024, at 8:30 a.m. ET to present and discuss the results with the analysts. Subject: Q2 FY2025 Financial Results Conference Call Date: December 5 Time: 8:30 a.m. ET Phone number: 1-800-836-8184 or 1-646-357-8785 The call can be replayed until December 12, 2024, by calling 1-888-660-6345 or 1-646-517-4150 (access code: 91117 #). To view the original press release, please click here. Search for Tecsys on CIMdata.com

Keysight Technologies, Inc. reported financial results for the fourth fiscal quarter and fiscal year ended October 31, 2024. “Keysight executed well and delivered fourth quarter revenue and earnings per share above the high end of guidance under market conditions which remained consistent with our expectations,” said Satish Dhanasekaran, Keysight’s President and CEO. “As we look ahead, the strength of our differentiated portfolio, deep engagement with customers, and the accelerating pace of technology innovation give us confidence in our ability to outperform as markets recover.” Fourth Quarter Financial Summary Revenue was $1.29 billion, compared with $1.31 billion last year. GAAP net loss was $73 million, or $0.42 per share, compared with a GAAP net income of $226 million, or $1.28 per share, in the fourth quarter of 2023. This loss reflects a $315 million tax expense related to a new Singapore tax incentive and corresponding decrease in deferred tax assets. Non-GAAP net income was $288 million,