CIMdata Blog

Tata Consultancy Services (TCS) and Conga, a global leader in Revenue Lifecycle Management solutions, have forged a strategic partnership to offer more customized and state-of-the-art solutions to enterprises. TCS is the inaugural partner of Conga’s Elevated Partnership Program and will strategize with Conga on next-gen solutions and transformation opportunities for clients’ end-to-end revenue lifecycle management systems. This partnership allows both companies to leverage their deep product and market expertise, implement lessons learned from many global customer implementations, and innovation experts from both companies, to help clients achieve growth. It will enable enterprises to transform and grow by automating processes to achieve operational excellence and maximize revenue. TCS provides Conga implementation services utilizing the TCS Crystallus™ framework, which harnesses preconfigured industry solutions to accelerate digital transformation. The offering packages quote-to-cash processes, phygital omnichannel experiences, intelligent commerce with subscriptions, rapid rollouts of digital products, and optimal run-rate business technologies to deliver unmatchable end-to-end capabilities for revenue management solutions.

Vention, the company behind the cloud-based Manufacturing Automation Platform (MAP), and Flexxbotics, delivering workcell digitalization for robot-driven manufacturing, are announcing a partnership and the immediate availability of a combined offering for robotic workcell digitalization in next generation machining environments. Starting today, customers can benefit from the combination of Flexxbotics’ advanced robot machine tending solution with Vention’s Manufacturing Automation Platform offering. Customers will utilize Vention’s cloud-robotic tools and proven modular automation hardware to design tailored machine tending robot cells, and then, take advantage of Flexxbotics’ powerful machine tending SaaS/hybrid solution and expert professional services for seamless deployment and continuous operation to achieve “lights out” manufacturing. Vention broughten the accessibility of industrial automation for manufacturing professionals through a single digital environment. Combining 3D design, code-free industrial programming, and a library of 4,000+ modular automation components where users can navigate through the design, automate, deploy, and operate stages of creating automated equipment all within a

Informatica, an enterprise cloud data management leader, announced financial results for its fourth quarter and full-year 2023, ended December 31, 2023. “Informatica closed an outstanding fiscal 2023. Once again, we outperformed all growth and profitability guidance metrics, showcasing Informatica’s relentless focus on executing a cloud-only, consumption-driven strategy. We delivered cloud subscription ARR growth of 37% year-over-year, $500 million in cloud subscription revenue, and surpassed $1 billion in subscription revenues,” said Amit Walia, Chief Executive Officer of Informatica. “Our momentum is driven by demand for our AI-powered IDMC platform and category leadership in data management as a mission-critical component of the modern data stack. We are committed to delivering the best data management products on the industry’s only AI-powered data platform, solving complex workloads that are multi-cloud, multi-vendor, and hybrid while delivering significant value to our customers.” Fourth Quarter 2023 Financial Highlights: GAAP Total Revenues increased 12% year-over-year to $445.2 million. Fourth quarter total

MariaDB plc filed its financial results for the first quarter of fiscal year 2024, which ended December 31, 2023. “Annual Recurring Revenue (ARR) is up 11% year-over-year in the first quarter of fiscal year 2024 coupled with a 77% improvement in Adjusted EBITDA loss of $2.7 million versus the prior fiscal year first quarter loss of $11.6 million,” said Paul O’Brien, CEO at MariaDB plc. “This is a result of the measures we have taken over the last few months to discontinue certain products and focus on our core MariaDB Enterprise Server product, as well as an overall company-wide effort to reduce spending.” The Net Loss for the first quarter was $8.8 million, an improvement of $3.9 million as compared to a Net Loss of $12.7 million in the prior period. The financial results can be found in the Quarterly Report Form 10-Q, which is available on the Securities & Exchange Commission’s

Procore Technologies, Inc., the leading global provider of construction management software, announced financial results for the fourth quarter and full year ended December 31, 2023. “2023 was a year of milestones at Procore as we surpassed $1B in total annual recurring revenue, reaffirmed our status as one of the best places to work in technology, and delivered numerous innovations on the platform,” said Tooey Courtemanche, Founder and CEO of Procore. “Our continued evolution leaves me optimistic about our ability to achieve our vision of improving the lives of everyone in construction.” “Procore remains committed to continuously improving how we operate across all aspects of the business," said Howard Fu, CFO of Procore. "This resulted in significant margin improvement in 2023, setting a strong foundation for our next phase of efficient growth.” Fourth Quarter 2023 Financial Highlights: Revenue was $260 million, an increase of 29% year-over-year. GAAP gross margin was 82% and non-GAAP gross margin was

ALLPLAN, global provider of BIM solutions for the AEC industry, and MiTek, solution provider for pre-engineered construction, announced a partnership. Together, the two companies aim to drive the digital and sustainable transformation of the construction industry. This pioneering cooperation enables end-to-end digital work processes from the design of buildings with wooden components to the automated prefabrication of building elements. The collaboration addresses the growing demand for serial construction with a high level of automation, the use of renewable raw materials and a reduction in the consumption of raw materials. The aim of the partnership is to increase productivity and efficiency in the design and construction of timber houses. The combination of the BIM solution Allplan and the timber construction solution Pamir creates a unique platform that covers all disciplines of timber construction and has unique expertise in nail plate trusses. This enables an automated file-to-factory process in production: BIM models created in Allplan are seamlessly transferred

YARDZ, the premier tool for managing owned and rented assets in the construction industry, announces that Kraken Communications, LLC, a Utah-based, fiber broadband installation contractor, has signed on to the YARDZ platform. Kraken invested in a YARDZ corporate plan, which allows for 10 user licenses. While Kraken will initially deploy YARDZ for basic needs such as fleet management and maintenance, as well as tracking their extensive inventory of job-related equipment, the company intends to eventually access the complete YARDZ feature suite. Consequently, Kraken can “grow into” the product, adding capabilities like telematics when the time is right. While Kraken occasionally rents assets from rental industry giants like United and Sunbelt, the overwhelming majority of the trucks and equipment they will be managing are owned by the company. Kraken Communications leverages its expertise in fiber broadband to build and upgrade fiber-optic networks, expanding the reach of high-speed internet and empowering communities to thrive in the

TECHNIA, the Virtual Twin Experts, announced today a new partnership with Marel, a global market leader in advanced solutions for the food processing industry. Marel is present across 30 countries worldwide and has built a strong reputation over more than 40 years providing advanced systems, software, and services to food processing companies worldwide. For TECHNIA, this partnership represents one of the larger transformation programs in the Benelux region. Aligning with its growth strategy, Marel aims to ensure uniformity throughout the product lifecycle environment, migrating from legacy PDM systems to 3DEXPERIENCE Cloud. Marel is taking an out-of-the-box approach, which will prepare the business to scale up in the future. The partnership announced today involves a multiyear engagement with close collaboration between Marel, TECHNIA, and Dassault Systèmes. One of the first steps will be to connect multi-CAD solutions to the platform and set up the R&D processes in 3DEXPERIENCE. "This new partnership marks the beginning of

SAP SE announced the successful launch of SAP S/4HANA and the SAP BW/4HANA solution at Seagate Technology Holdings plc, a leading innovator of mass-capacity data storage solutions. It will modernize the company’s enterprise resource planning (ERP) system and benefit nearly 30,000 global employees through integrating advanced functionalities, such as enabling global manufacturing, supply chain and finance business processes. This achievement signifies the third crucial phase in Seagate’s digital transformation journey, complementing SAP Integrated Business Planning for Supply Chain and SAP SuccessFactors solutions. Seagate embarked on this transformative path in 2021, transitioning from its legacy systems to embrace SAP S/4HANA, SAP SuccessFactors, and SAP Integrated Business Planning for Supply Chain. “We chose SAP solutions for our integrated ERP landscape because its strategy closely aligns with our own: to implement a foundational platform on which the business can scale and grow,” said Grace Liu, senior vice president and chief information officer at Seagate. Seagate’s leadership recognized the limitations of

Siemens Smart Infrastructure has supplied and installed 200 VersiCharge wallboxes and an intelligent charging management system to the Infinity building, one of the tallest residential sites in Lisbon, Portugal.  José Cardoso Botelho, CEO of Vanguard Properties, which owns the Infinity building, said: “Real estate activity has a considerable impact both environmentally and socially on the community. Infinity is a project of immense pride to us, and an important reference of our digital transformation. We are glad to have collaborated with Siemens to create a sustainable building for tomorrow.”  The integrated EV (Electric Vehicle) charging solution was customized by Siemens engineering and software teams in Portugal. It allows for dynamic and intelligent on-site charging management. The dashboards, which are intuitive and easy to use, present comprehensive information to the building manager or operator who can instantly view all information about each charger, as well as monitor energy consumption in real time. Precise reports