CIMdata Blog

SimScale GmbH, a pioneer in cloud-native engineering simulation, and Hexagon’s Manufacturing Intelligence division announced a strategic partnership to transform how engineering teams deploy advanced structural analysis. The collaboration removes traditional accessibility barriers by delivering the advanced capabilities of Hexagon’s Marc nonlinear finite element solver as Software-as-a-Service (SaaS) through SimScale’s intuitive cloud-native platform, unlocking unprecedented value for engineering teams. Unlocking Advanced Simulation for Engineering Organizations of All SizesThe joint offering transforms access to advanced design and nonlinear analysis capabilities for engineering organizations that may lack the resources for traditional methods or specialized IT infrastructure. The simulations are delivered through a browser-based platform that makes it easy to integrate advanced simulation into workflows, enabling engineers to innovate without requiring extensive technical expertise. Empowering Enterprise Design Team CollaborationLarger, multidisciplinary design teams with existing simulation support will benefit from reduced silos between design and analyst departments, fostering a more collaborative environment. By enabling designers to leverage

Wipro Limited, a leading technology services and consulting company, announced a partnership with Netskope, a Secure Access Service Edge (SASE) leader, to provide global enterprises with an integrated service that optimizes and improves cybersecurity outcomes for people, processes, and technology investments. Wipro’s CyberTransform SM Optimization Service, powered by Netskope, analyzes organizations’ current cybersecurity and infrastructure investments, provides consolidation guidelines and delivers cost-optimized methods resulting in improved business performance. “Many organizations today face the challenge of managing application sprawl with distributed technologies in their cybersecurity operations,” said Saugat Sindhu, Global Head, Advisory Services, Cybersecurity and Risk Services, Wipro. “Through this partnership with Netskope, we will be able to deliver tailored SASE business cases and comprehensive financial analyses, enabling our clients to optimize their cybersecurity spend and achieve superior performance outcomes. This collaboration underscores our commitment to driving innovation and value for our enterprise clients.” Wipro’s CyberTransform SM Optimization Service, powered by Netskope, leverages Wipro’s proprietary Automated Regulatory Compliance (ArC), a

Autodesk, Inc. announced its executives will be speaking at the following investor conferences: December 3, 2024 UBS Global Technology and AI Conference December 11, 2024 Barclays 22nd Annual Global Technology Conference A live webcast and replay of the presentations will be available through Autodesk’s Investor Relations Website at investors.autodesk.com. Please go to the website 15 minutes early to register, download and install any necessary software. More information will be available on investors.autodesk.com. To view the original press release, please click here. Search for Autodesk on CIMdata.com

BIM World Munich 2024 has once again established itself as the central meeting place for digitalization in the construction, real estate and facility management industry. With over 8,000 participants, 250 exhibitors and an extensive program with 250 speakers, the trade fair on 26 and 27 November offered an ideal platform for the exchange of ideas on forward-looking topics such as sustainability, infrastructure planning and digital efficiency enhancement. CADENAS GmbH was also represented among the more than 250 international exhibitors on both days. As a member of the VDMA and buildingSMART, among others, CADENAS presented itself together with its partner Ausschreiben.de. Visitors received information on tender texts as well as 2D and 3D BIM data in one place. The key to a sustainable construction industry The requirements and expectations of BIM (Building Information Modeling) were the focus of the discussions. Gregor Müller, Managing Director of BIMsystems, emphasized: “I am convinced that BIM is needed to implement sustainability.” He

Accenture will host a conference call at 8:00 a.m. EST on Thursday, Dec. 19, 2024, to discuss its first-quarter fiscal 2025 financial results. An earnings news release will be issued before the call. To participate in the teleconference, please dial +1 (877) 883-0383 [+1 (412) 317-6061 outside the U.S., Puerto Rico and Canada] and enter access code 4670148 approximately 15 minutes before the scheduled start of the call. The conference call will also be accessible live via webcast on the Investor Relations section of the Accenture website at accenture.com. A replay of the conference call will be available at accenture.com and at +1 (877) 344-7529 [+1 (412) 317-0088 outside the U.S., Puerto Rico and Canada] with access code 9624330, from 11:00 a.m. EST on Thursday, Dec. 19, 2024 through Wednesday, March 19, 2025. To view the original press release, please click here. Search for Accenture on CIMdata.com

Atos, a global leader in digital transformation, high-performance computing and information technology infrastructure, announces that it has completed the sale of its Worldgrid business unit to ALTEN SA (“ALTEN”) for an enterprise value of €270 million. The Group previously announced that it had signed a binding agreement on November 5, 2024, after entering into exclusive negotiations on June 11, 2024. Worldgrid provides consulting and engineering services to energy and utility companies. The business currently employs close to 1,100 employees and, in 2023, it generated revenue of circa €170 million from a diverse and longstanding client base. ALTEN is a well-recognized IT and engineering player with expertise and product offerings in the energy and utilities industry. The transaction has been designed to ensure full continuity of service for Worldgrid’s strategic clients and employees. Following the sale of Worldgrid, Atos’s net debt will be reduced by approximately €0.2 billion and Atos’s 2027E financial leverage is expected

HCLTech, a leading global technology company, announced it has completed the purchase of certain assets from Hewlett Packard Enterprise's (HPE) Communications Technology Group (CTG). This follows the announcement the company made in May 2024. The closure of this deal formally expands HCLTech’s long-standing partnership with HPE, extending its leadership in the telecom services markets and strengthening its engineering services capabilities with industry-leading intellectual property (IP), Engineering and R&D talent and client relationships with top global Communication Service Providers (CSPs). Key highlights include: Expanded global presence in the CSP market across North America, LATAM, Europe and Asia Pacific, including Japan. Established direct relationships with global CSPs, including 20 of the top 30, accelerating the growth strategy in the global telecom industry. Gained a portfolio of service offerings that includes industry-leading IP, solutions and systems integration across Business Support Systems (BSS), network applications, service cloudification and data intelligence. Strengthened the CSP domain practice by integrating over 1,500 product engineering

3D Systems Corporation announced its financial results for the third quarter ended September 30, 2024.  Third Quarter Highlights  (All numbers are unaudited and are presented in millions, except per share amounts or as otherwise noted) Revenue of $112.9 million decreased 9% year-over-year primarily driven by macro weakness in printer sales, partially offset by approximately 10% growth in consumables sales Healthcare Solutions revenue of $55.1 million grew 5% year-over-year, led by strong growth in Dental and Personalized Healthcare solutions Customer interest in 3D printing applications continued to gain momentum, with revenues in the Application Innovation Group (AIG) growing over 26% year-to-date versus prior year across industrial markets Q3'24 gross profit margin of 36.9% and Non-GAAP gross profit margin(1) of 37.6% included a $3 million headwind related to an increase in inventory reserves - if excluded, Non-GAAP gross profit margin was 40.2% Q3'24 net loss of $178.6 million, diluted loss per share of $1.35, which includes $143.7 million associated with the

IFS, the leading enterprise cloud and Industrial AI software provider, announced that AERO Vodochody AEROSPACE (Aero), the largest aircraft manufacturer in the Czech Republic and one of the oldest aircraft manufacturers in the world, has selected IFS in order to leverage the leading ERP solution, IFS Cloud, to drive process optimization and increase throughput in the highly-competitive aerospace sector. By adopting IFS Cloud in conjunction with the Siemens product lifecycle management (PLM) solution, Teamcenter, the Czech Republic based company aims to transition towards paperless production and assembly, leveraging advanced shopfloor digital twin technology and visualization tools. These solutions will empower users on the shop floor with digital work instructions and streamline approval processes across key operations. Additionally, the implementation of IFS Cloud, in tandem with Teamcenter, will enable the standardization of processes, aligning with industry best practices. This holistic approach is designed to optimize production efficiency, reduce errors, and ensure consistent quality

Centric Software®, the Product Lifecycle Management (PLM) market leader, is delighted to announce that A.P.C., the French mid-range men’s and women’s ready-to-wear brand, has successfully completed the first phase of its Centric PLMTM implementation. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such as fashion, luxury, footwear, outdoor, home and related goods like cosmetics & personal care as well as multi-category retail to achieve strategic and operational digital transformation goals. Founded by Jean Touitou in 1987, A.P.C. offers authentic, affordable and durable ready-to-wear collections for both men and women. With an international presence, A.P.C. runs a diversified distribution network that includes independent boutiques, wholesalers, websites and distribution licenses. Faced with strong growth in international markets, an increase in the number of SKUs and growing operational complexity, A.P.C. decided it needed a PLM solution. In January 2023, the company selected Centric PLM