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Items filtered by date: Januar 2024 - CIMdata
 PDF Key Takeaways CONTACT Elements’ open web architecture, with a configurable data model, enables composable, reusable components to build applications and interfaces which provide the foundation for a digital thread. CONTACT enables a closed-loop digital thread from requirements and project planning through product engineering, manufacturing, operations, maintenance, and through end of life as well as a web of digital threads and vertical integrations within each of these lifecycle stages. CONTACT enabled Marel to create a “Digital Product Highway” for more efficient management of product data and collaboration across the enterprise. CONTACT’s digital thread capability enables companies to realize benefits to their top- and bottom-line and increase their resiliency. Introduction Many companies suffer from siloed data that is isolated and used within a given functional area but is disconnected and inaccessible to the wider enterprise. This siloed data results in time wasted searching for and often not finding information users need to do their jobs. An organization’s processes
Published in Commentaries
AECOM, the world’s trusted infrastructure consulting firm, announced that Troy Rudd, AECOM’s chief executive officer, will participate in a fireside chat at Citi’s 2024 Global Industrial Tech and Mobility Conference on February 20th at 1 p.m. Eastern Time. The discussion will focus on the Company’s extending competitive advantages that position it to deliver long-term growth as a leading Professional Services consulting firm. A webcast of the fireside chat will be posted online at https://investors.aecom.com/. To view the original press release, please click here. Search for AECOM on CIMdata.com
Published in Newsletter Articles
Honeywell announced its participation at upcoming investor conferences in the first quarter. Vimal Kapur, Chief Executive Officer of Honeywell, will present at Citi's 2024 Global Industrial Tech and Mobility Conference in Miami, Florida on Tuesday, February 20, 2024, from 8:00 a.m. - 8:40 a.m. EST. Mr. Kapur will also present at the Barclays Industrial Select Conference in Miami, Florida on Wednesday, February 21, 2024, from 7:25 a.m. - 7:55 a.m. EST. Greg Lewis, Senior Vice President and Chief Financial Officer of Honeywell, will present at the J.P. Morgan Industrials Conference in New York City on Tuesday, March 12, 2024, from 7:45 a.m. - 8:20 a.m. EDT. Real-time audio webcasts of the presentations can be accessed at http://www.honeywell.com/investor, where related materials will be posted prior to the presentations and replays of the webcasts will be available for 30 days following the presentations. To view the original press release, please click here. Search for Honeywell on CIMdata.com
Published in Newsletter Articles
Atlanta-based American Software, Inc., through its operating entity Logility, delivers an innovative AI-powered supply chain planning platform that enables resiliency and accelerates digital supply chain transformation, announced that it will release its Third Quarter Fiscal Year 2024 preliminary financial results after the U.S. financial markets close on Thursday, February 22, 2024. In conjunction with the release, the company will host a conference call at 5:00 pm ET to discuss its results with the investment community. A live webcast and replay of the call will be accessible via the investor relations page of American Software’s website at www.amsoftware.com/investor-relations. To view the original press release, please click here. Search for American Software on CIMdata.com
Published in Newsletter Articles
First-quarter revenue rose 6% on a comparable basis, excluding currency translation and portfolio effects, and orders increased 2% compared to the same quarter a year earlier On a nominal basis, revenue rose 2% to €18.4 billion and orders came in slightly lower year-over-year at €22.3 billion, for a book-to-bill ratio of 1.21 Profit Industrial Business was €2.7 billion with a profit margin of 15.8%, both slightly higher year-over-year Net income climbed 56%, to €2.5 billion, including €0.5 billion from Siemens Energy Investment; corresponding basic earnings per share (EPS) were €3.03 and EPS before purchase price allocation accounting (EPS pre PPA) were €3.19; excluding €0.61 per share related to Siemens Energy Investment, EPS pre PPA were €2.58 Free cash flow rose sharply to €1.0 billion driven by Industrial Business Siemens again delivered a strong quarter, maintaining a trajectory of profitable growth. We expanded our partnerships with Microsoft and AWS to make artificial intelligence even more accessible.
Published in Newsletter Articles
Trimble Inc. announced financial results for the fourth quarter and fiscal year 2023. Fourth Quarter  2023 Financial Highlights Revenue of $932.4 million, up 9 percent on a year-over-year basis, up 3 percent on an organic basis Annualized recurring revenue ("ARR") was $1.98 billion, up 24 percent year-over-year, up 13 percent on an organic basis GAAP operating income was $96.9 million, 10.4% of revenue and non-GAAP operating income was $226.6 million, 24.3% of revenue GAAP net income was $63.0 million and non-GAAP net income was $156.6 million Diluted earnings per share ("EPS") was $0.25 on a GAAP basis and $0.63 on a non-GAAP basis Adjusted EBITDA was $241.2 million, 25.9 percent of revenue Executive Quote "We finished 2023 with a record level of ARR, Gross Margin, and Adjusted EBITDA," said Rob Painter, Trimble's president and chief executive officer. "We enter 2024 with resolve to continue executing our strategy and returning capital to shareholders, while navigating macroeconomic uncertainties." Fiscal 2023 Financial Highlights Revenue of
Published in Newsletter Articles
Cadence Design Systems, Inc. and Dassault Systèmes announced at 3DEXPERIENCE World that they have extended their ongoing strategic partnership by integrating the AI-driven Cadence® OrCAD® X and Allegro® X with Dassault Systèmes’ extended 3DEXPERIENCE Works Portfolio, for SOLIDWORKS existing and future customers. This enables best-in-class collaboration for continuous development across PCB, 3D mechanical design and simulation. The cloud-enabled integration offers joint customers an easy-to-use, end-to-end solution for next-generation product development, enabling an up-to-5X reduction in design turnaround time. This new integration provides electrical and mechanical engineers with an unparalleled collaboration experience to accelerate the end-to-end mechatronics system development process while optimizing designs for performance, reliability, manufacturability, supply resilience, compliance and cost. The new integration offers a seamless and scalable experience to customers of different sizes, from startups to enterprises. “Any companies developing electromechanical products today need a synergistic solution in order to avoid time-to-market delays,” said Kimball Cluff, executive vice president of Software Sales at
Published in Newsletter Articles
EON Reality, a global leader in AI-powered Augmented and Virtual Reality (AR/VR) knowledge transfer for education and industry, announces a strategic enhancement of its multilingual support to better serve its diverse global user base. Recognizing the importance of language in accessing educational content, EON Reality has refined its language offerings to cater to the most widely spoken languages among its users, while also committing to the addition of new languages each month to meet evolving needs. In a targeted approach to language inclusion, EON Reality has identified key languages such as English, for its universal application in business and education; Spanish, to serve a broad user base across the Americas and Spain; and Arabic, addressing the needs of users in the Middle East and North Africa. This focus ensures that the EON-XR platform is immediately more accessible to a significant portion of the global population. Beyond these core languages, EON Reality is
Published in Newsletter Articles
nanoCAD 23.1 is now multilingual! Experience the new localization updates and performance enhancements firsthand with a released beta version. The nanoCAD team announces the release of the multilingual beta version of nanoCAD 23.1. It’s a significant milestone to enhance the design experience for the CAD global community. This update opens a new chapter in the software's usability, bringing it closer to more languages and cultures. The latest version is a testament to Nanosoft AS’ commitment to making advanced design tools accessible to users worldwide. Now, nanoCAD is available in 5 languages: English Spanish French German Korean “We are proud to extend our CAD platform's reach to a broader audience, breaking language barriers and enriching user experience across the world," said Frode Rødland, CEO of Nanosoft AS. Beyond the significant strides in localization, nanoCAD 23.1 also introduces an array of enhancements aimed at refining usability and augmenting performance. These advancements cater to the evolving needs of our diverse user base, ensuring
Published in Newsletter Articles
NextLabs announced the release of Data Access Enforcer for Oracle ERP (DAE for Oracle ERP), bringing the dynamic enforcement of NextLabs Zero Trust Data-Centric security policies to both Oracle EBS and Oracle Fusion ERP product lines. DAE helps Oracle ERP users control access to their business process data through attribute-driven policies that are dynamically enforced at runtime, allowing those policies to be applied regardless of how the data is being accessed in a way that is seamless and transparent for ERP users.    Some of the notable capabilities of DAE are field-level dynamic data masking and record level data filtering, regardless of where the data is being accessed. Both features ensure only those with authorization can view the fields and/or records they have been granted access to. Policies are evaluated and enforced at the data access layer, so that they are consistently enforced anywhere and everywhere data is accessed in the ERP system. This
Published in Newsletter Articles
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