CIMdata Blog

Tech Mahindra, a leading global provider of technology consulting and digital solutions to enterprises across industries, announced the launch of TechM agentX—a comprehensive suite of GenAI-powered solutions designed to drive intelligent automation and enhance efficiency for enterprises globally. The solutions will address inefficiencies in traditional operations, enabling enterprises to achieve enhanced productivity, scalability, and user experience. Through these solutions, enterprises can automate complex business, IT, and data tasks, improving productivity by up to 70%. The first solution of the TechM agentX suite, agentAssistX,is a GenAI-powered, agentless business, IT, and end-user support solution aimed at unifying and optimizing support silos. This will make IT support faster, easier, scalable, and more efficient. In addition, agentAssistX can integrate with ITSM (service management) software, enterprise security, network telemetry data, and cloud management tools to automate ticket resolution and provisioning. By seamlessly integrating with existing business processes, agentAssistXwill maximize the value of AI investments, driving adoption and delivering measurable

Xometry announced that its global custom-manufacturing marketplace has more than 4,200 active suppliers, an increase of more than 780, or 34%, in the first three quarters of 2024, a nearly three-fold increase since 2021. The continued growth of active suppliers reflects the ability of Xometry’s sourcing algorithms to provide suppliers with opportunities to profitably grow their business. Additionally, the Xometry Instant Quoting Engine® is accessible in 16 local languages and accepts multiple currencies, making it simple for suppliers to join and conduct business worldwide. “Manufacturers around the world recognize the benefits of joining the Xometry marketplace,” said Xometry Chief Operating Officer Peter Goguen. “Through our marketplace, our rapidly growing base of suppliers can instantly expand their reach to enterprise customers regardless of geography. Our buyers also get immediate access to the growing number of manufacturers throughout North America, Europe and Asia.” Xometry’s supplier network spans all 50 states and three continents and provides access to a

This series of four global events provides the first look at CIMdata’s analysis of 2024’s PLM market results. ANN ARBOR, Michigan, USA, 19 November 2024—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, today announces “Model-Based Systems Engineering: Optimizing the Systems of Systems” as the theme for its 2025 PLM Market & Industry Forum event series. The event series will frame the topic of Model-Based Systems Engineering (MBSE) and explore how industries are adapting to the rising adoption of MBSE beyond aerospace and defense, as well as automotive. Drawing on primary research conducted by CIMdata on behalf of the CIMdata-administered Aerospace & Defense PLM Action Group and a group of leading PLM solution providers in late 2024 and early 2025, the event will offer insight into the following questions: How is the global PLM Economy responding to MBSE? How well are industrial companies achieving their MBSE objectives? CIMdata will also share its perspective

ChapsVision, a European leader in AI-enriched data processing, announces the acquisition of Sinequa, the world leader in enterprise search engines augmented by Retrieval-Augmented Generation (RAG). Sinequa, widely recognized by Gartner and Forrester, has experienced significant growth fueled by increasing demand for Generative AI. Its prestigious global client portfolio includes Pfizer, AstraZeneca, TotalEnergies, Alstom, Airbus, and NASA. “We are delighted to welcome Sinequa to ChapsVision,” says Olivier Dellenbach, Founding CEO of ChapsVision. “Alexandre Bilger and his teams have developed a unique, market leading, generative AI-augmented search technology used by the world’s largest companies for the most demanding use cases. This acquisition perfectly complements our ArgonOS platform and positions us to offer unparalleled solutions for large-scale data processing.” ChapsVision aims to leverage Sinequa’s technology to help organizations accelerate the adoption of AI and generative AI, transitioning from experimental to fully operational solutions within secure environments. This acquisition will enrich ChapsVision’s flagship ArgonOS platform by: Expanding its data collection capabilities

The growing importance of artificial intelligence does also impact the construction industry. At this year's BIM World Munich, the Nemetschek Group, one of the leading software providers for the building and media industry, and eight of its brands are presenting how artificial intelligence is changing tomorrow’s built world, making it more resource-efficient. In addition, numerous Nemetschek experts will provide insights into the latest trends in digitalization in the building industry as part of the trade show's presentation program. The Nemetschek Group will be showcasing its established product portfolio and innovative solutions at BIM World Munich 2024 from November 26 to 27 at the ICM of Messe München at its joint booth (booth number 7, ground floor) – together with its brands Allplan, Bluebeam, dRofus, Graphisoft, Nevaris, Solibri, Vectorworks as well as Nemetschek dTwin and the Nemetschek financed start-up Imerso. The software solutions aim to promote collaboration, efficiency and an AI-based way of

This year's SPS - Smart Production Solutions in Nuremberg, Germany, once again provided a platform for digital automation solutions SPS - Smart Production Solutions 2024 ended on 14 November. Experts from the digitalization and automation industry met at the Nuremberg Exhibition Centre. Around 1,200 exhibitors presented innovative products and automation solutions. As an innovative technology driver, CADENAS GmbH was also present with two stands. Concentrated expertise, successful dialogue and lots of new inspiration The 2024 trade fair for automation solutions was once again a complete success. Together with nVent HOFFMAN, CADENAS presented electrical design with intelligent data and Digital Twins and, together with the Industrial Digital Twin Association e.V. (IDTA), addressed the topic of Asset Administration Shells (AAS) and why high-quality planning data is essential for the design workflow up to virtual commissioning (VIBN). Not only our German representatives were on site, but also our Italian subsidiary CADENAS Italiana S.r.l. provided international insights into the topics. In addition, SPS

Rockwell Automation, Inc., the global leader in industrial automation and digital transformation, announces the opening of its 33rd annual Automation Fair® in Anaheim, California. This immersive event unites more than 10,000 makers, creators, and leaders from around the globe to drive meaningful change through innovation, collaboration, and simplification. This year’s theme, Make It Matter , inspires attendees to achieve resiliency, agility, and sustainability in their work. Designed to amplify purpose and progress, Automation Fair 2024 offers an expansive expo with over 130 interactive exhibits, 275+ educational sessions, and opportunities to connect with industry changemakers. “At Automation Fair, we’re fueled by a common goal: to make the work we do matter — to our organizations, our teams, our customers, and the world,” said Christine Spella, senior director, digital, demand & integrated marketing at Rockwell Automation. “This event embodies the power of innovation and collaboration to create a lasting impact.” Attendees can tailor their experience with customizable schedules, hands-on

Simulations Plus, Inc. (“Simulations Plus”), a leading provider of biosimulation, simulation-enabled performance and intelligence solutions, and medical communications for the biopharma industry, announced that Shawn O’Connor, chief executive officer, will participate in the virtual BTIG Digital Health Forum on Monday, November 25, 2024. Mr. O’Connor will join a panel discussion entitled “Supporting Drug Development, Clinical Trials, and Biopharma” at 2:00 p.m. Eastern Time. In addition, Mr. O’Connor will host one-on-one meetings throughout the day. For more information about the BTIG Digital Health Forum, or to register to attend, please visit the BTIG website. For more information about the event, email  \n Diese E-Mail-Adresse ist vor Spambots geschützt! Zur Anzeige muss JavaScript eingeschaltet sein!  '; document.write(''); document.write(addy_text67877); document.write(''); //-->\n Diese E-Mail-Adresse ist vor Spambots geschützt! Zur Anzeige muss JavaScript eingeschaltet sein! . Please note that participants must be pre-registered to attend. To view the

AECOM, the trusted global infrastructure leader, reported fourth quarter and full year fiscal 2024 results.   Fourth Quarter Fiscal 2024   Full Year Fiscal 2024 (from Continuing Operations; $ in millions, except EPS) As Reported Adjusted1 (Non- GAAP) As Reported YoY % Change Adjusted YoY % Change   As Reported Adjusted1 (Non- GAAP) As Reported YoY % Change Adjusted YoY % Change Revenue $4,110 -- 7% --   $16,105 -- 12% -- Net Service Revenue (NSR)2 -- $1,812 -- 5%   -- $7,165 -- 7% Operating Income $236 $261 194% 16%   $827 $986 155% 16% Segment Operating Margin3 -- 16.7% -- +150 bps   -- 15.8% -- +100 bps Net Income $168 $172 396% 22%   $506 $617 343% 19% EPS (Fully Diluted) $1.25 $1.27 421% 26%   $3.71 $4.52 358% 22% EBITDA4 -- $290 -- 15%   -- $1,095 -- 14% EBITDA Margin5 -- 16.7% -- +140 bps   -- 16.0% -- +100 bps Operating Cash Flow $299 -- 5% --   -- $827 -- 19% Free Cash Flow6 -- $275 -- 4%   -- $708 -- 20% Total Backlog7 $23,863 -- 3% --           Fourth Quarter and Full Year Fiscal 2024 Highlights: Reflecting as reported performance from continuing operations, fourth quarter revenue increased 7% to $4.1 billion, operating income increased 194% to $236 million, net income increased 396% to $168 million and diluted earnings per share increased 421% to $1.25. Full year revenue increased 12% to $16.1 billion, operating income increased 155% to $827 million, net income increased 343% to $506 million and diluted earnings per share increased 358% to $3.71. Full year net service revenue2 (NSR) reached an all-time high and included strength across the Company’s largest end markets and geographies. Delivered 8% growth in the design business, driven by 9% growth in the Americas. Earnings exceeded previously-increased guidance and

Altair, a global leader in computational intelligence, announced its latest collaboration with Cleveland Golf, a leading golf equipment manufacturer, on the design of the new HiBore XL Driver. With Altair’s advanced simulation and design technology, Cleveland Golf is raising the bar for golf equipment and redefining the limits of driver design. “Altair’s technology and expertise is helping Cleveland Golf shape the future of golf – one swing at a time,” said Sam Mahalingam, chief technology officer, Altair. “Technologies like simulation, artificial intelligence (AI), data analytics, and digital twin are opening a new world of possibilities for sports equipment manufacturers. Altair is excited to see how leading manufacturers like Cleveland Golf can use these tools to transform the way professionals and nonprofessionals alike play their favorite sports.” Cleveland Golf utilized an array of products within the Altair® HyperWorks® platform to craft the HiBore XL, allowing the team to perform concept evaluation, rapid design exploration, physics-based simulation and optimization, and design for