CIMdata Blog

Netskope, a leader in secure access service edge (SASE), announced the promotion of Raphaël Bousquet to Executive Vice President, Worldwide Sales, leading all aspects of the company’s global sales and channel strategy. Bousquet succeeds Chris Andrews, who will retire from Netskope this year as part of a planned leadership transition. A networking and security industry veteran and highly-regarded sales leader, Bousquet has successfully led top-performing technology sales teams at market-leading companies for decades. As worldwide head of Netskope’s global sales organization, he will continue to drive customer demand for Netskope’s industry-leading SASE and zero trust solutions to enable secure cloud transformations. Since joining Netskope in 2021 as Senior Vice President, EMEA & LATAM, Bousquet has delivered strong leadership and exceptional execution, which has led to numerous achievements for Netskope and its EMEA and LATAM territories. This includes expanding the company’s footprint across the regions, recruiting top talent, and landing world-renowned brands in

The management team of Okuma America Corporation, a leading global manufacturer of computer numeric control (CNC) machine tools, controls and automation systems, is pleased to announce the appointment of Mr. Wade Anderson to the position of Vice President of Engineering & Factory Automation Division for the Americas. This new role was created to optimally position Okuma to serve customer needs for evolving and next-generation manufacturing solutions. Mr. Anderson brings more than 30 years of machine tool industry experience to his new role, having held previous positions as a machinist, application engineer, sales engineer and manager, product specialist manager, technical center manager, and most recently the general manager of Okuma America’s Factory Automation Division. In this new role, Mr. Anderson will lead Okuma America Corporation’s Engineering Department which includes applications engineering, product engineering, and quality assurance teams. Additionally, Mr. Anderson will continue to lead the Okuma Factory Automation Division, a business division created

Trimble announced the integration of the Trimble Applanix POSPac CloudⓇ post-processed kinematic (PPK) GNSS positioning service, featuring CenterPointⓇ RTX, with the drone mapping and data collection capabilities of DroneDeploy’s reality capture platform. With the Trimble cloud positioning service, DroneDeploy customers can expect centimeter-level accuracy and an automated, streamlined workflow when performing reality capture with drones. To achieve centimeter-level accuracy with its high-accuracy offering, DroneDeploy worked with Trimble and its Applanix POSPac Cloud PPK service using Trimble post-processed CenterPoint RTX. The easy-to-use cloud API enables the post-processing of GNSS kinematic positions based on dual-frequency observables logged by the drone and CenterPoint RTX. The Trimble RTX family of corrections services offers users real-time and post-processed centimeter-level accuracy almost anywhere in the world. Delivering corrections via satellite or cellular/IP, Trimble RTX removes the need for base stations and simplifies workflows for drone operators. With no onsite setup, a fixed global datum and reduced time in

Wipro Limited, a leading technology services and consulting company, announced that it has made a significant investment in Aggne, a leading consulting and managed services company serving insurance and Insurtech industries. With this investment, Wipro becomes a majority shareholder in Aggne, which brings to Wipro a highly sought-after and unique set of capabilities and Intellectual Property (IP) in the property & casualty (P&C) insurance space. The combined capabilities of Wipro and Aggne will help deliver enhanced value, faster speed-to-market, and differentiated services to clients in the P&C sector. “Aggne’s unique capabilities will allow us to significantly strengthen our value proposition in a fast-growing part of the insurance sector,” said Ritesh Talapatra, Senior Vice President, Capital Markets and Insurance, Americas 2 Strategic Market Unit, Wipro Limited. “The Aggne team has a deep and well-established experience in the P&C insurance space. Their unique IP and modular approach to implementations significantly accelerate time-to-market, driving faster business

L&T Technology Services Limited, a pioneering digital engineering and R&D services company, announced a strategic partnership with BlackBerry, the trusted security software and services company. The collaboration is set to leverage the BlackBerry® QNX® suite of automotive software solutions and enable the development of innovative Software Defined Vehicles (SDVs) for global Original Equipment Manufacturers (OEMs). The partnership sees LTTS integrating cutting-edge BlackBerry® technologies – including QNX® Neutrino® OS, QNX® OS for Safety, QNX® Hypervisor, BlackBerry IVY® vehicle data platform, and QNX acoustics middleware – into its service offerings. This will help expedite product time-to-market while ensuring safe and secure mission-critical solutions.  With its rich engineering domain and software expertise in SDVs, LTTS has been enabling OEMs to build innovative next-generation vehicles with tailored solutions focusing on safety and security. The collaboration with BlackBerry serves as a significant milestone in LTTS' ongoing journey to forge partnerships with global tech leaders and deliver top-tier engineering

The Nemetschek Group, one of the leading software providers for the AEC/O and media industries, will be presenting its innovative software solutions for the entire building lifecycle at digitalBAU 2024. The company, headquartered in Munich, will be exhibiting at the Cologne trade fair at a large joint stand with ten of its brands to further promote digital transformation as well as open standards, increased efficiency and sustainability in the building industry. From February 20 to 22, 2024, the Nemetschek Group and its brands ALLPLAN, Bluebeam, CREM Solutions, dRofus, FRILO Software, Graphisoft (Archicad & DDScad), Nevaris Bausoftware (with 123erfasst), SCIA, Solibri and Vectorworks (represented by partner Computerworks) will present their innovative products and pioneering technologies. Interested parties can also find out about Nemetschek's own digital twin platform dTwin, which was launched in October last year. In addition, the startup Imerso, a platform for the automation of building quality monitoring, will present its solutions

2024 Architects and planners can experience the full potential of Vectorworks live at digitalBAU in Cologne from February 20 to 22. At the Nemetschek Group's joint booth (Hall 1, Stand 301), industry visitors will gain innovative insights through personal testimonials about one of the world's most successful BIM solutions. Over three consecutive days, Vectorworks will showcase the latest features and technologies, facilitating personal exchanges between users and experts. In best-practice presentations, experienced architects and planners will share their knowledge on topics such as collaboration in large projects, digital twins and point clouds, BIM workflows, and digitization of workplace planning. Team-based planning of major projects: Oliver Jaworski from Phase 5 International GmbH Düsseldorf provides exciting insights into team collaboration on major projects and the possibilities of data visualization using a realized administrative and logistics center as an example. BIM in everyday office life: Udo Schaumburg and Matteo Neustadt from LH Architekten Hamburg, demonstrate successful integration of the

Cadence Design Systems, Inc. announced results for the fourth quarter and fiscal year 2023. Fourth Quarter 2023 Financial Highlights Revenue of $1.069 billion, compared to revenue of $900 million in Q4 2022 GAAP operating margin of 31%, compared to 23% in Q4 2022 Non-GAAP operating margin of 43%, compared to 36% in Q4 2022 GAAP diluted net income per share of $1.19, compared to $0.88 in Q4 2022 Non-GAAP diluted net income per share of $1.38, compared to $0.96 in Q4 2022 Fiscal Year 2023 Financial Highlights Revenue of $4.090 billion, compared to revenue of $3.562 billion in 2022 GAAP operating margin of 31%, compared to 30% in 2022 Non-GAAP operating margin of 42%, compared to 40% in 2022 GAAP diluted net income per share of $3.82, compared to $3.09 in 2022 Non-GAAP diluted net income per share of $5.15, compared to $4.27 in 2022 Year-end backlog was $6.0 billion and current remaining performance obligations (“cRPO”), contract revenue expected to be recognized as

Roadzen Inc., a global pioneer in next-generation auto insurance powered by AI, reported its quarterly earnings for the third fiscal quarter ended December 31, 2023. The company reported revenue of $15.64 million, an increase of 372% from revenue of $3.32 million in the same quarter last year. Rohan Malhotra, Co-Founder and CEO of Roadzen, stated, "This quarter's performance is a testament to Roadzen’s strength as a leading provider of AI-driven insurance and mobility solutions. We are pleased with the balance we have achieved with 52% of our revenue coming from brokerage sales and 48% from our Insurance as a Service (IaaS) technology platform sales. This showcases the depth of our business plan and our ability to land-and-expand multiple products within our customer base." Roadzen posted a net loss of $30.57 million for the quarter, impacted by $26.5 million in non-cash, non-recurring, and extraordinary items. When adjusted for these factors, the Adjusted EBITDA

Xometry, Inc., the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, announced it will report its fourth quarter and full year 2023 financial results before the market opens on Feb. 29, 2024. Xometry’s conference call and webcast to discuss the results will take place at 8:30 a.m. Eastern Time (5:30 a.m. Pacific Time) on Feb. 29, 2024. In addition to its press release announcing its fourth quarter and full year 2023 financial results, Xometry will release an earnings presentation, which will be available on its investor website at investors.xometry.com. Xometry, Inc. Fourth Quarter and Full Year 2023 Earnings Presentation and Conference Call Thursday, Feb. 29, 2024 8:30 a.m. Eastern / 5:30 a.m. Pacific To register please use the following link: https://register.vevent.com/register/BIe8fa0a130127401593eefccfb6625781 You may also visit the Xometry Investor Relations Homepage at investors.xometry.com to listen to a live webcast of the call. The earnings webcast and presentation will be arched on Xometry’s Investor Relations site. To view the original press release, please