CIMdata Blog

Noesis Solutions, a trusted digital engineering transformation partner, announced the launch of id8, a cloud-native collaborative engineering platform, that enables global engineering teams to unveil the full potential of engineering data. The new cloud-based, collaboration environment of id8 enables companies leverage enterprise engineering knowledge and empowering them to transform simulation data into real-time trustworthy decisions. “Digital engineering is consistently evolving. Companies are in need for a comprehensive solution that enables them to generate trustworthy simulation data across globally dispersed teams and convert this data into valuable insights. In order to create leading edge products, the power of best practice simulation and advanced methodologies must be made accessible not only to simulation experts but to a broad range of roles. In the realm of digital engineering where collaboration plays a central role, Noesis Solutions empowers organizations to make informed, data-driven design choices to create competitive products” said David Franke, Chief Executive Officer of

PROSTEP has launched the new version 3.0 of its digital thread solution, OpenCLM, which can now be integrated into customers' IT landscapes even more easily. The information in the connected IT systems can also be linked with each other with a greater degree of flexibility. Improvements to the dashboards and graph visualization ensure that the information is displayed more clearly and concisely. The new version is now available. The OpenCLM digital thread solution makes it possible to link relevant information from the IT systems used in different domains and disciplines. This makes it easier to track the status of development projects and orchestrate change management across domain boundaries. The new version of OpenCLM now offers a generic connector that can be used to access all tried-and-tested connectors and systems that are connected to OpenPDM. This means that the solution can be integrated in heterogeneous IT landscapes with a minimum of effort. The

To help organizations increase the efficiency of global supply chains, Oracle is introducing new logistics capabilities within Oracle Fusion Cloud Supply Chain & Manufacturing (SCM). The updates to Oracle Transportation Management and Oracle Global Trade Management, part of Oracle Cloud SCM, will help customers optimize logistics operations by increasing visibility, reducing costs, automating regulatory compliance, and improving decision-making. Organizations are facing significant supply chain challenges – from component shortages to disrupted shipping routes, ever-changing global trade agreements, and volatile customer demand. To quickly adapt their supply chains to the changing global business environment, logistics professionals need agile and efficient processes that can help them successfully navigate regulatory compliance, reduce the likelihood of trade bottlenecks, and mitigate the impact of on-going shipping disruptions. “The last few years tested the resiliency of global logistics operations and many organizations have struggled to adapt and insulate their business from ongoing disruptions,” said Srini Rajagopal, vice president of logistics product strategy, Oracle.

We have released Web CAD SDK 15, a new version of our ASP.NET control to open 2D and 3D files on browsers and other online technologies. This upgrade brings some notable changes aimed at enhancing your work with CAD files. Read on to discover what's new! 3D Improvements In the latest version of Web CAD SDK, we completely revamped 3D functionality and replaced Open Cascade Technology with our own 3D kernel. This makes us independent of any third-party and allows to respond swiftly to your requests. We have already: speeded up opening of 3D files; improved reading of SAT, STEP, SLDPRT, X_T, X_B, OBJ formats; added support for SLDASM, FSAT, SAB, SMT, IPT, IFC formats; added export to SAT, SAB, STL, OBJ formats; improved export of STEP, DWG, DXF formats. Redline Mode Web CAD SDK 15 enables to mark up and annotate 2D drawings. It is possible to add comments, arrows, and polylines. The new entities will be saved on the Markup

Accenture has entered into an agreement to acquire Insight Sourcing, a provider of strategic sourcing and procurement services. Insight Sourcing will broaden Accenture’s sourcing and procurement services for private equity companies and the consumer goods, retail, technology and industrial industries. Insight Sourcing helps its clients optimize costs when sourcing and negotiating contracts for direct materials (e.g., metals, electronics, food ingredients, chemicals, clinical services), indirect materials (e.g., logistics, packaging, IT, marketing), services related to capital expenditures (e.g., construction, facility equipment) and energy procurement management. The firm will strengthen Accenture with proven expertise in cost takeout strategy powered by category and supplier market intelligence. Insight Sourcing will add approximately 220 sourcing consultants to Accenture’s Sourcing & Procurement practice within its Supply Chain & Operations function. The acquisition will include Insight Sourcing’s bespoke suite of more than 40 technology procurement tools to help clients capture value faster. Rob Fuhrmann, global lead for sourcing and procurement at Accenture, said: “Accenture

The Board of Directors of Capgemini SE, chaired by Paul Hermelin, convened on February 13 in Paris to review and adopt the accounts of the Capgemini Group for the year-ended December 31, 2023. Aiman Ezzat, Chief Executive Officer of the Capgemini Group, said: “2023 was another year of growth for the Group with improving profitability and a strong cash flow conversion, despite a slowdown in our industry. Our results illustrate the strength of our positioning, our agility and our resilience. Our clients recognize the value we bring as their business and technology transformation partner. In 2023, the Group continued to invest in building the capabilities and solutions to help them transition to an increasingly digital and sustainable economy. This was notably the case for generative AI, which is top of mind for all large organizations. We are positioned as a leading player enabling our clients to explore, test and scale solutions for tangible business impact. Through our

FARO® Technologies, Inc., a leading provider of 3D measurement, imaging, and realization solutions, announced that after market close on Tuesday, February 27, 2024, it will release its financial results for the fourth quarter and full year ended December 31, 2023. In conjunction with the release, Peter Lau, President and Chief Executive Officer, and Matthew Horwath, Chief Financial Officer, will host a conference call on Wednesday, February 28, 2024 at 8:00 am. ET. Interested parties can access the conference call by dialing 800-245-3047 (U.S.) or +1 203-518-9708 (International) and using the passcode FARO. To avoid a delay in connecting to the call, please dial in 10 minutes prior to the start time. A live webcast will be available in the Investor Relations section of the FARO website at: https://www.faro.com/about-faro/investor-relations/events. A replay of the webcast will be available in the Investor Relations section of the company's web site approximately two hours after the conclusion of the call and remain available for approximately 30 calendar days. To

Contruent, the SaaS company that develops industry-leading project controls software solutions which enable Owners and EPCs to build mega-construction projects with greater precision and speed, announced it achieved a record-breaking year in 2023, growing sales by nearly 40%. Since receiving a strategic investment in 2021 from M33 Growth, a Boston-based growth equity firm, Contruent has doubled its Annual Recurring Revenue, added over 50 talented team members, and launched an innovative SaaS offering. These achievements underscore the significant product investment made in the last twelve months, including the launch of Contruent Enterprise, its innovative new SaaS solution for customers, and the overwhelming customer adoption and validation. “Across the organization, we are working to solidify our position as the go-to cost management solution for megaprojects worldwide that is faster to deliver,” said Contruent CEO Ryan Kubacki. “Our record-breaking year is a reflection of the incredible work of our talented team, innovative customers, and supportive

Ansys and the motion technology company Schaeffler AG announced they are extending their agreement for an additional three years. Schaeffler will rely on Ansys to standardize product development workflows, reduce waste from physical prototypes, and lower the company’s overall carbon footprint through digital transformation. Schaeffler manufactures high-precision components and systems for drive train and chassis applications as well as rolling and plain bearing solutions for many industrial applications. Ansys and Ansys Apex Channel Partner CADFEM Germany GmbH will continue to provide customer support for Schaeffler as the company hones its digital engineering practices. The extension of the partnership will now see Ansys multiphysics solutions Ansys Mechanical™, Ansys Fluent™, Ansys Electronics™, and Ansys Motor-CAD™ with enhanced computing capabilities through high-performance computing, applied across all divisions. As a preferred simulation provider, Ansys will strengthen Schaeffler’s digital thread by democratizing simulation and improving material intelligence across engineering disciplines. For example, including data about material composition in the research and development

BEKO TECHNOLOGIES is implementing a globally consistent project management system with CIM Database PLM. The company utilizes standardized end-to-end processes to manage the development of its products for compressed air treatment in a quick, efficient, and traceable manner.  Compressed air is essential in many industries, including mechanical engineering, medical technology, or the food industry. The quality requirements vary significantly depending on the application. BEKO TECHNOLOGIES offers customized solutions for compressed air treatment. To map processes amid increasing levels of customization and complexity, the company is introducing CONTACT Software's CIM Database. Using CONTACT's low-code platform, BEKO TECHNOLOGIES significantly reduces administrative efforts in cross-location projects. Workflows and templates guide employees through processes, decreasing their workload and accelerating projects. At the same time, optimized resource planning increases employee satisfaction. The project status can be easily tracked at any time, while high data quality reduces errors and provides a solid basis for decision-making. In addition to the