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

AMETEK, Inc. announced its financial results for the fourth quarter ended December 31, 2023. AMETEK's fourth quarter 2023 sales were a record $1.73 billion, a 6.5% increase over the fourth quarter of 2022. Operating income increased 12% to a record $445.0 million and operating margins were 25.7%, up 120 basis points from the fourth quarter of 2022. Operating cash flow in the quarter was a record $540.7 million, up 40% versus the prior year. On a GAAP basis, fourth quarter earnings per diluted share were $1.48. Adjusted earnings in the quarter were a record $1.68 per diluted share, up 11% from the fourth quarter of 2022. Adjusted earnings adds back non-cash, after-tax, acquisition-related intangible amortization of $0.20 per diluted share. A reconciliation of reported GAAP results to adjusted results is included in the financial tables accompanying this release and on the AMETEK website. "AMETEK's fourth quarter and full year performance was exceptional," noted David A. Zapico, AMETEK Chairman and Chief Executive Officer. "Contributions from organic sales

Aspen Technology, Inc. (AspenTech), a global leader in industrial software, announced financial results for its second quarter in fiscal 2024, ended December 31, 2023.  "AspenTech had a solid second quarter with strong demand for our products and solutions,” commented Antonio Pietri, President and Chief Executive Officer of AspenTech. “We continue to see numerous growth opportunities in asset-intensive industries as they navigate the energy transition and focus on efficiencies and sustainability use cases. In particular, with DGM, we are uniquely positioned to capitalize on the unprecedented investment cycle to expand and upgrade the grid globally."  "We continue to see resilient demand and meaningful pipeline growth across most end markets as we move into the second half of our fiscal year. We remain confident in our outlook for fiscal 2024, and we are reaffirming our ACV growth target of at least 11.5 percent,” concluded Pietri.  Second Quarter Fiscal Year 2024 Recent Business Highlights Annual contract value1 (“ACV”)

Bechtle AG has published its preliminary figures for the 2023 fiscal year, once again exhibiting solid growth with an increase in business volume to €7.8 bn, more than 7%. Revenue climbed some 6.8% to €6.4 bn, while earnings before taxes (EBT) gained 6.7%, reaching approximately €374 m. The EBT margin is therefore expected to continue on last year’s excellent level of 5.8%. On 31 December 2023, Bechtle’s workforce numbered 15,159 employees, an increase of 7.9% or 1,113 people compared to the previous year (14,046). “Bechtle was able to successfully weather 2023’s intense economic challenges, once again outperforming the market with a growth of 7%. This was another impressive team effort on the part of all our colleagues across Europe and also underpins just how resilient our business model is even in the face of harsh conditions. In particular, our public sector and major account business has shown some very positive development,”

Dassault Systèmes and Assystem, an international engineering, digital services and project management company, announced their partnership to accelerate the development of advanced modular nuclear reactors that can produce efficient, safe and reliable energy. The two companies are combining their respective expertise in virtual twin technologies and nuclear engineering to drive the use of virtual twins by customers seeking to manage the complexity of their advanced modular reactor programs and address challenges across all program phases. Dassault Systèmes and Assystem will implement Dassault Systèmes’ 3DEXPERIENCE platform and Assystem’s system engineering and project management services and support for customers. This will establish one collaborative virtual ecosystem in which a customer’s specific processes and methodologies are organized to ensure the data quality and traceability needed for the efficient design and delivery of an asset. “The complementarity between Assystem and Dassault Systèmes makes sense for the nuclear sector. Advanced modular reactor developers are introducing new concepts that

McCarthy Holdings, Inc. (McCarthy), one of the largest general contractors in the US, is deploying Oracle Textura Payment Management to streamline, automate, and speed payments to its subcontractors. McCarthy chose Textura for its proven ability to scale and improve processes across large volumes of payments and mitigate risk through tighter controls and secure management of lien waivers and compliance. McCarthy has already deployed Oracle Textura across more than 200 projects, with nearly 100 of those projects provisioned in a single month. McCarthy worked with Oracle Textura client services to configure projects and onboard over 1,500 users around the country. The work that Textura Client Services does with customers before, during, and even after go-live, is offered at no extra charge. “With Oracle Textura supporting our payment process, inefficiencies are gone and our people can spend time on the things that they actually come to work at a construction company to do—solve problems and build,” said Adam

Medidata, a Dassault Systèmes company and leading provider of clinical trial solutions to the life sciences industry, and Sanofi Vaccines, today announced a collaboration to harness Medidata eCOA to deploy in vaccine studies. This builds on Medidata and Sanofi’s longstanding, successful experience using Medidata Rave EDC (electronic data capture).  The collaboration will use an eDiary function within eCOA to create an eDiary library specific to Sanofi’s vaccines. This library will accelerate future study set-up times, improve efficiency, and increase data quality, while ensuring patients have access to eDiaries that are easy to use. Sanofi has chosen to adopt eCOA’s capabilities in its vaccine studies, optimizing the patient clinical journey by reducing on-site monitoring and allowing patients to input data in real time from any location. Pilots of eCOA were performed in six vaccine studies and demonstrated high levels of patient compliance, providing highly reliable data. As a result, the collaboration has since moved out of the

Siemens and Roman DSO, Areti, have announced their collaboration on the RomeFlex project, which starting February 6, 2024 will test the ability to manage congestion and voltage volatility across the stressed power grids of Italy's capital city. Leveraging Siemens’ digital expertise and software, Areti is managing challenges related to climate change and ‘the electrification of everything’, which are heavily impacting power grids in Italy and all around the world, more effectively. As a key enabler of the energy transition in Italy, Areti designed an innovative local flexibility market architecture that will be boosted by Siemens pioneering energy domain know-how and dedicated technology. In the next ten years, it is estimated that the peak electricity demand on the Roman DSO power grid will increase from 2,200 MW to 3,300 MW. To manage this growth in energy demand and prevent the grid from criticalities like blackouts or voltage violations, Areti is going to increase its grid

Tata Consultancy Services (TCS) has been selected as a strategic partner by Europ Assistance, a leading global assistance and travel insurance company, to help reimagine its global IT operating model for enhanced resilience, scalability and user experience. Supporting nearly 300 million customers in over 200 countries and territories with travel, mobility, home and family, health, and concierge services, Europ Assistance was looking for a global transformation partner to align its IT ecosystem to its mission of providing services ‘Anytime, Anywhere’ and support its growth. As the strategic partner, TCS will step up its delivery centers in Europe and across geographies to provide end-to-end enterprise IT application services to Europ Assistance. The multi-year partnership will also see TCS leveraging its proprietary solution, ignio™ AIOps from its Digitate suite of offerings to enhance operational resilience and business agility. Powered by AI and ML, the solution will provide Europ Assistance with actionable insights into its

This presentation is part of CIMdata’s educational webinar series. ANN ARBOR, Michigan, USA 7 February 2024—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces an upcoming free educational webinar, “The Value of Digital Threads and How to Build Out an Enterprise Digital Web.” This insightful webinar will take place on Thursday, 14 March 2024, at 11:00 a.m. (EST) and will last for one hour. The Digital Thread has been a core element of the PLM vision for decades. The concept of linking multiple digital representations of a product, each tailored to meet the diverse needs of creators and consumers along the lifecycle, is powerful. Commercial PLM solutions have advanced to a point where the enablement of the Digital Thread is technically possible. But do these creator and consumer views lie neatly like beads along a single strand, or do some lie along the main strand while others are