CIMdata Blog

Capgemini and Unity, the world’s leading platform for creating and growing real-time 3D (RT3D) content, announced an expansion of their strategic alliance that will see Capgemini take on Unity’s Digital Twin Professional Services arm. Per the agreement, Unity’s Digital Twin Professional Services team will join and embed within Capgemini, forming one of the largest pools of Unity enterprise developers in the world. The transaction will accelerate the iteration and implementation of the market leading real-time 3D (RT3D) visualization software for the industrial application of digital twins. It will allow end users to envision, understand, and interact with physical systems – a key enabler for intelligent industry. The deal is expected to close in the second quarter of 2024. Unity’s Digital Twin Professional Services team has worked with many companies over the past five years to develop real-time 3D solutions to drive business results. As more and more enterprises seek to combine the physical

Sandvik has signed an agreement to acquire Cimquest, a US based reseller of Computer Aided Manufacturing (CAM) solutions and one of the largest resellers in the Mastercam network. With the acquisition, Sandvik strengthens its position in the CAM market and further builds on its capabilities to serve customers and expand the customer base. Cimquest will be a part of business unit Mastercam and will be reported within business area Sandvik Manufacturing and Machining Solutions. Cimquest has since 1990 been a reseller of Mastercam, a global leading provider of CAD/CAM software solutions for manufacturing industries, owned by Sandvik. In addition to reselling Mastercam, Cimquest is a distributor of additive products, mainly 3D printers for both metal and polymers. “The acquisition of Cimquest is another step in our strategic direction to grow in the digital manufacturing space, and an important investment in Mastercam’s channels. This will strengthen our presence within CAM, expand our ability

Bentley Systems, Incorporated announced results for its fourth quarter and full year ended December 31, 2023, and its financial outlook for 2024. Fourth Quarter 2023 Results Total revenues were $310.6million, up 3% or 7.3% on a constant currency basis, year-over-year; Subscriptions revenues were $272.5million, up 3% or 7.4% on a constant currency basis, year-over-year; Annualized Recurring Revenues (“ARR”) was $1,174.8million as of December 31, 2023, compared to $1,036.5 million as of December 31, 2022, representing a constant currency ARR growth rate of 5%; Last twelve-month recurring revenues dollar-based net retention rate was 109%, compared to 110% for the same period last year; Operating income margin was 2%, compared to 14.2% for the same period last year; Adjusted operating income inclusive of stock-based compensation expense (“Adjusted OI w/SBC”) margin was 0%, compared to 22.5% for the same period last year; Net income per diluted share was $0.54, compared to $0.08 for the same period last year; Adjusted net income per diluted share (“Adjusted EPS”) was $0.20, compared to $0.19 for the same period last year; and Cash

The HOMAG Group was able to achieve high figures for sales and earnings before extraordinary effects in the 2023 fiscal year. However, the significant decline in order intake reflects the weak demand that has persisted since the third quarter of 2022. According to preliminary figures, the HOMAG Group was again able to slightly increase its sales revenue to EUR 1,625 million (previous year: EUR 1,602 million) compared to the very high previous year’s figure. “We benefited from our high order backlog at the beginning of the year, which we have gradually worked through. There was also growth in the service business,” explains CEO Dr. Daniel Schmitt. Accordingly, the order backlog decreased to EUR 841 million as of December 31, 2023 (December 31, 2022: EUR 1,102 million). The slight increase in sales is also reflected in earnings before extraordinary effects, which rose by around four percent to EUR 129.7 million (previous year: EUR

Modelon, a leading player in the simulation and analysis market that offers software products and complementary consulting services in industrial mathematical modeling, simulation and analysis of complex technical systems, invites investors to a presentation of the year-end report for the period Jan – December 2023. CEO Magnus Gäfvert together with CFO Jonas Eborn, will present the company on a webcast at 10.00 am CET on February 29, 2024. The presentation will be held in English and will be available at www.modelon.com. To follow the presentation, please register via the link below:https://us02web.zoom.us/webinar/register/WN_mePLQ2SCQEaScc2Q735DBQ To view the original press release, please click here. Search for Modelon on CIMdata.com

Aras, a leader in product lifecycle management and digital thread solutions, announced that EIZO, a visual technology company that develops and manufactures high-end visual solutions, is using Aras Innovator to successfully create a digital thread between development and manufacturing – enabling more streamlined, cost-effective, and adaptable processes. As a result, EIZO will be able to track products and their digital assets across the entire product lifecycle. EIZO's integrated approach to planning, development, production, and quality control is the foundation for its success. To achieve an integrated in-house system, end-to-end management of information from product development through to manufacturing is crucial. However, existing product data management (PDM) functions left the company unable to develop add-ons for use with Engineering Change Requests and Change Orders (ECR/ECO) and enterprise resource planning (ERP). EIZO selected Aras Innovator® as its new product lifecycle management (PLM) solution, in large part because it offered: Open and adaptable: Aras Innovator offers an

George Mason University and Accenture (NYSE: ACN) finalized a two-year agreement to roll out Salesforce Education Cloud and new marketing solutions as part of the university’s efforts to transform the student experience. Enabling improved data-driven, connected and streamlined processes, Mason and Accenture will initially focus on data alignment through two Education Cloud tools: Student Success and Recruitment and Admissions. Accenture will also identify and deploy additional marketing and communication tools to enhance these applications. “As we build a more modern university for Virginia’s largest and most diverse student body, Mason is committed to delivering a comprehensive and unparalleled student experience and the best education outcomes for all," said Ken Walsh, Mason’s interim provost and executive vice president. “Accenture’s experience customizing and integrating Salesforce Education Cloud into existing systems will help advance the university’s goals to comprehensively support students at every step of their academic journey at Mason and beyond.” In March 2023, Mason issued

Dassault Systèmes announced its collaboration with the Saint-Louis Hospital AP-HP in Paris on an airflow simulation and augmented reality experience to better understand the respiratory transmission of viruses and optimize patient care. Dassault Systèmes created a unique learning experience featuring a virtual twin of the hospital’s dialysis unit – an open space where 50 people receive dialysis each week – that enabled physicians and nurses to see exactly how virus particles could circulate through the air, and understand the roles of ventilation and masks, for example, in optimizing the care of immunocompromised patients. To create this virtual twin, Dassault Systèmes worked with building blueprints, coupled with a 3D scan of the room made on site using its HomeByMe mobile application to check for any discrepancies. It then used its SIMULIA applications powered by its 3DEXPERIENCE platform to visualize, simulate and predict the transmission of respiratory and viral particles based on different scenarios

Centric Software® is delighted to announce the release of a success story about its customer, SNS Foods. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such as fashion, outdoor, luxury, multi-category retail, grocery, food & beverage, cosmetics & personal care and consumer electronics to achieve strategic and operational digital transformation goals. Founded in Chengdu in 2007, SNS specializes in developing compound food seasonings for major catering and restaurant chain clients, and adheres to the concept of ‘Safe, Natural and Savory’. SNS undertakes over 700 R&D and application projects annually, with a product range exceeding 4,000, and caters to more than 6,000 clients. Ms. Zhang Min, Co-Founder and General Manager of SNS, explains that the company was facing the ‘Three Many’ challenge of “many projects, many products, many customers”. “The high demand from our customers for ‘fast and precise responses’ has increased

IFS, the global cloud enterprise software company, announced that ZwickRoell Gmbh & Co.KG, a leading worldwide manufacturer of materials testing equipment, has selected IFS Cloud in a strategic move to harmonize its business processes and deliver enhanced visibility across its operations. The move to IFS Cloud was driven by the need to modernize its current Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM) solution, which could no longer meet the business’ requirements needed to support its strategic growth plans. Amid industry challenges, including global supply chain disruption, meeting sustainability goals and readiness for increased automation, ZwickRoell sought a new solution that would simplify its daily operations and eliminate existing IT operating risks. IFS Cloud will enable the company to harmonize its disparate systems and simplify processes across its operations, driving continuous improvements and efficiency. With IFS Cloud, ZwickRoell will benefit from a single, composable digital platform that is designed to fit