CIMdata Blog

Rockwell Automation, the world’s largest company dedicated to industrial automation and digital transformation, announced that Timothy (Tim) M. Knavish was elected to its board of directors effective Feb. 7, 2024. Tim is the Chief Executive Officer (CEO) of PPG (NYSE: PPG). “Tim has an outstanding record of proven leadership at PPG,” said Blake Moret, Chairman and Chief Executive Officer of Rockwell. “His experience overseeing acquisitions, fostering a diverse workforce, and managing the operations of a global manufacturing company make Tim an important addition to the diverse talents of our board and source of counsel to me.” Tim joined PPG­­, a global paints, coatings, and specialty materials company, in 1987 at PPG’s global headquarters in Pittsburgh. He advanced through roles of increasing responsibility in several key businesses and functions. He held leadership positions across all of PPG’s global regions, including Australia and New Zealand, Asia Pacific, Europe, Middle East and Africa, and the

Altair, a global leader in computational science and artificial intelligence, will release its financial results for the fourth quarter and fiscal year ended December 31, 2023, after the market close on Thursday, February 22, 2024. On that day, management will hold a conference call and webcast at 5 p.m. ET to review and discuss the Company’s fourth quarter and full year 2023 results and 2024 outlook. A recorded version of this webcast will be available after the call and accessible at http://investor.altair.com. What: Altair’s Fourth Quarter and Full Year 2023 Financial Results Conference Call When: Thursday, February 22, 2024 Time: 5 p.m. ET Webcast: http://investor.altair.com (live and replay) To view the original press release, please click here. Search for Altair on CIMdata.com

PROS Holdings, Inc., a leading provider of AI-powered SaaS pricing, CPQ, revenue management, and digital offer marketing solutions, announced financial results for the fourth quarter and full year ended December 31, 2023. “Our team delivered an outstanding 2023, outperforming our subscription ARR, revenue, and free cash flow generation goals for the year,” stated CEO Andres Reiner. “The PROS value proposition has never been more relevant as businesses continue to lean into digitization, automation, and AI to fuel profitable growth. We continue to set the pace of AI innovation in our markets, and our platform strategy has made our AI innovations easier than ever to adopt. We enter 2024 well-positioned to capitalize on the incredible market opportunity in front of us.” Fourth Quarter and Full Year 2023 Financial Highlights Key financial results for the fourth quarter and full year 2023 are shown below. Throughout this press release all dollar figures are in millions, except net

Honeywell announced that it has become the Official Sustainable Building Technology Partner for the Atlanta Hawks and the award-winning State Farm Arena. As part of this multi-year deal, Honeywell will implement a series of high-tech upgrades to State Farm Arena's building operations systems to help decrease energy consumption and emissions while increasing visibility and control of the indoor environment. "We are extremely pleased that the Atlanta Hawks and State Farm Arena chose Honeywell to collaborate on prioritizing efficient, healthy and sustainable building operations at the State Farm Arena," said Adam Joiner, Vice President of Global Sales, for Honeywell's Building Automation segment. "Our teamwork will help drive powerful change for the local community." To help optimize the court's playing conditions while improving the fan and guest experience, Honeywell will upgrade the arena's building management system with a new system that includes its Honeywell Forge software solutions. The software leverages machine learning to monitor energy

Dassault Systèmes announced that VLP and Partners, an Italian construction engineering firm specializing in the design of complex facades and steel structures, is using Dassault Systèmes' 3DEXPERIENCE platform on the cloud to manage large and increasingly complex architectural projects. By offering project stakeholders a greater level of flexibility and simultaneous real-time access to construction data in the context of a 3D model, VLP and Partners can design complex surfaces with a high level of quality and accuracy, efficiently manage building designs, and use virtual twins in a collaborative manner. VLP and Partners is comprised of engineers and architects specialized in 3D modelling, as well as structural engineers dealing with thermal, steel and façade cladding calculations. It wanted to shorten the lengthy procedures related to project development and to contribute to the creation of next-generation curtain walls, high-rise buildings and other structures having increasingly complex geometries by leveraging cutting-edge technologies for façade design. Further

Riyadh Air, Saudi Arabia’s new world-class airline has selected Oracle Fusion Cloud Applications Suite to efficiently manage its core business operations after a competitive bidding process. The services include digitalizing finance, supply chain, and human capital management. The implementation will help Riyadh Air develop a modern, scalable, and secure business platform to enable data driven decision making, reduce costs, enhance employee engagement, and streamline procurement processes. Riyadh Air has chosen Tech Mahindra as the implementation partner for this initiative, which will help Riyadh Air evolve as the world’s first digitally native airline. Tech Mahindra, is a leading provider of digital transformation, consulting, and business re-engineering services and solutions. Adam Boukadida, Chief Financial Officer at Riyadh Air, said,“Riyadh Air aims to disrupt the future of air travel and as part of our vision we need to be at the forefront of innovation and technology. A key part of this approach is to partner with world-class experts

Rockwell Automation, Inc., the world’s largest company dedicated to industrial automation and digital transformation, announced that it has closed a contract with Saudi Arabia’s SAAK International to power the company’s digital transformation. Working with the country’s Ministry of Communication and Information Technology (MCIT), as part of Vision 2030, SAAK and Rockwell Automation developed a far-reaching plan to use the Plex MES solution to gather real-time intelligence, identify bottlenecks in the production process, and maximize overall equipment effectiveness. Plex MES is an advanced manufacturing floor automation platform, providing full visibility into the production lifecycle. Easy to set up, it enables manufacturers to gather high-quality data on every aspect of production-line performance, both in real time and over the long term, as it automates tasks, prevents errors, and drives in-line quality. Plex makes the widest possible range of data available through a simple, intuitive interface. With Plex, SAAK will be able to track materials effectively throughout the

TECHNIA, a company in Division Product Lifecycle Management, announces that it has acquired Optimec Consultants. The company is a renowned Dassault Systèmes Partner based in Québec, Canada. Optimec has about 20 employees and net sales of SEK 40 million. Since its foundation in 2002, Optimec has been focused on Computer-Aided Engineering (CAE) technologies and the benefits they bring to drive innovation. Today Optimec is a leading provider of turnkey solutions, including high-end engineering software and professional services. Their multidisciplinary team's experience ranges from micro to system level. Its customers are primarily found within research and development and manufacturing in the automotive, aerospace, industrial equipment and consumer packaged goods industries. The competence they bring to product development processes shortens time to market and decreases costs, while improving quality and reliability of products. ”For TECHNIA's international clients, this new team and region will provide strategic knowledge and additional coverage. Based on the SIMULIA and

Dassault Systèmes announced 3DEXPERIENCE World 2024, its annual event dedicated to the 3DEXPERIENCE Works and SOLIDWORKS communities, in Dallas, February 11-14, 2024. More than 5,000 users, business leaders, makers, entrepreneurs and students will attend the 25th anniversary of the world’s premier event for discovering the technologies, trends and strategies shaping the future of product design and manufacturing.  Four days of panels, breakout sessions, presentations, learning and networking with thought leaders, industry experts and customers will delve into some of the hottest topics touching design and manufacturing today – from artificial intelligence and digital transformation to collaborative innovation and virtual twins. This year’s 3DEXPERIENCE World will feature a particular focus on innovations that are advancing the global push for sustainability, and how 3DEXPERIENCE Works can help imagine and redesign products, processes and business models to improve the world people want to live in. Highlights of 3DEXPERIENCE World 2024 include: Keynote speakers Lonnie Johnson – inventor,

Flexxbotics, delivering workcell digitalization for robot-driven manufacturing, announced it will present robot connectivity compatible with the entire range of Hexagon inspection products at Hexagon’s Sixth Sense Summit being conducted at the CodeNode innovation center in Central London on Wednesday 7 February 2024. Attend in-person or watch online with free registration. Flexxbotics’ patent-pending FlexxCORE technology enables the robots to securely connect and communicate with Hexagon machines to provide closed-loop feedback and real-time updates to the inspection equipment for autonomous process control. With Flexxbotics manufacturers can enable advanced robotic machine tending with CNC machinery and Hexagon inspection technology to achieve six sigma quality for increased yields with improved margins. Hexagon provides a wide range of Coordinate Measuring Machines (CMMs) for high precision measuring tasks, as well as, laser scanners, laser tool setters, infrared probing systems, radio wave-probing systems and production probe systems. Flexxbotics compatibility includes Hexagon’s PC-DMIS CMM for bridge and gantry CMMs, NC measuring software, the