CIMdata Blog

Wipro Limited, a leading technology services and consulting company, announced the launch of Wipro Enterprise Artificial Intelligence (AI)-Ready Platform, a new service that will allow clients to create their enterprise-level, fully integrated and customized AI environments. The Wipro Enterprise AI-Ready Platform leverages the IBM watsonx AI and data platform, including watsonx.ai, watsonx.data, and watsonx.governance and AI assistants, to deliver to clients an interoperable service that helps accelerate AI adoption. This new service enhances operations with a suite of capabilities spanning across tools, large language models (LLMs), streamlined processes, and robust governance, and lays the foundation for future industry analytic solutions to be built on watsonx.data and AI. Wipro Enterprise AI-Ready Platform is born out of an expanded multi-year partnership between Wipro and IBM. The expanded partnership brings together the technology and industry expertise of Wipro with leading hybrid cloud and AI innovation from IBM and aims to build joint solutions that help advance the implementation of robust,

Wipro Limited, a leading global technology services and consulting company, announced an expanded collaboration with Intel Foundry to accelerate chip design innovation. As the key Design Services and Alliance Partner, Wipro will work with Intel Foundry to accelerate the development of Intel’s most advanced process nodes, including the Intel18A process node. The global AI chip market is expected to grow at a CAGR of 38 percent annually from 2023 to 2032. This collaboration between Wipro and Intel Foundry is designed to address the rising demand for AI chip manufacturing, as companies race to roll out generative AI-enabled products. Wipro's design services strength paired with Intel Foundry’s manufacturing prowess will enable clients, especially across heavy industries, such as automotive, industrial, and telecommunications sectors, to leverage Gen AI-driven designs and foundry services to drive ongoing innovation. Atul Kapur, Vice President & Business Head – HiTech, Wipro Limited, said, "This new collaboration with Intel Foundry marks a significant

ANSYS, Inc. reported fourth quarter 2023 GAAP and non-GAAP revenue growth of 16% in reported currency, or 15% in constant currency, when compared to the fourth quarter of 2022. For FY 2023, GAAP and non-GAAP revenue growth was 10% in reported and constant currency when compared to FY 2022. For the fourth quarter of 2023, the Company reported diluted earnings per share of $3.14 and $3.94 on a GAAP and non-GAAP basis, respectively, compared to $2.95 and $3.09 on a GAAP and non-GAAP basis, respectively, for the fourth quarter of 2022. For FY 2023, the Company reported diluted earnings per share of $5.73 and $8.80 on a GAAP and non-GAAP basis, respectively, compared to $5.99 and $7.99 on a GAAP and non-GAAP basis, respectively, for FY 2022. Additionally, the Company reported fourth quarter and FY 2023 ACV growth of 17% and 13% in reported currency, respectively, or 16% and 13% in constant currency, respectively, when compared to the fourth quarter and FY 2022. On January 15, 2024, the Company

Synopsys, Inc. reported results for its first quarter of fiscal year 2024. Revenue for the first quarter of fiscal year 2024 was $1.649 billion, compared to $1.361 billion for the first quarter of fiscal year 2023. Fiscal year 2024 results include a favorable impact of one additional week compared to fiscal year 2023, which occurred in our first fiscal quarter. "The first quarter marked an excellent start to the year with strong execution across the company as AI continues to drive our customers' investments in silicon and systems that position them for future growth," said Sassine Ghazi, president and CEO of Synopsys. "These results underscore the strength of our technology and our strategy. In the face of mounting design complexity, technology R&D teams are counting on Synopsys' broad portfolio of semiconductor IP and leading design solutions from silicon to systems. There is no one more capable than Synopsys of helping companies innovate for this era of

Centric Software®, the Product Lifecycle Management (PLM) market leader, is pleased to announce that Gordini, the glove and goggle company, has selected Centric PLM™ to drive efficiency and growth. 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 1956 and based in Vermont, Gordini’s mission is to keep hands warm and dry so people can stay outside longer. Gordini and its family of brands specialize in outdoor gear including gloves, socks, face protection, base layers and goggles. The products are sold through a variety of retail outlets as well as via online retailers and through their own website. Gordini invested in the Centric PLM platform to strategically build out the systems, policies, and

Every year, Salling Group launches six new collections of fashion clothing. Each style is designed by Salling Group, whereas the entire process from production to delivery of the final product is handled through suppliers. With approximately 200 different suppliers, mainly in the East, Salling Group has built an ecosystem of high delivery reliability. The fashion items are being sold across 130 stores in Salling Group’s two grocery chains, føtex and Bilka. In 2003, Salling Group implemented Quest PLM and started digitalizing all design and development lifecycle processes, from sketch to store. Since then, Quest PLM has been acquired by Infor, and in 2016, Salling Group transitioned to the on-premises solution Infor Fashion PLM. In January 2023, the company decided to upgrade to the multi-tenant cloud version of PLM, which was successfully finalized nine months later. More flexibility and higher performance With a total of 120 in-house users, Salling Group needed a more flexible and high-performing

Centric Software®, the Product Lifecycle Management (PLM) market leader, proudly announces that Sansan has successfully implemented Centric PLM™. 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. Established in 1987, Sansan is one of Indonesia’s leading textile and garment exporters catering to major fashion brands globally. Aiming to boost its revenue by 20% by improving operational efficiency and digitalizing its costing processes, Sansan emphasizes the importance of collaboration and coordination among teams, who have traditionally relied on printed cost sheets and manual documents.  “We receive many requests for quotation, specifically for pricing, so the focus is on how we can respond faster to our customers. With many staff involved in determining the cost of a product, especially

SoftInWay Switzerland, a part of SoftInWay Group, has embarked on a new project on staged combustion for the European Space Agency (ESA), as the agency considers a new generation of engine propulsion systems for reusable rockets. The project will be done in collaboration with the Space Launcher Systems Analysis (SART) department of the German Aerospace Center (DLR) and is funded by the General Support Technology Programme (GSTP). Beyond its promising fuel efficiency and low carbon footprint, staged combustion technology, in particular full flow cycles, is especially fitting for reusability given its notable capacity to keep components cooler and thus significantly extend their service life. While staged combustion engines are in use by US companies such as Blue Origin and SpaceX, ESA is looking to expand the technology’s prevalence in Europe. The project will primarily involve analysis of state-of-the-art staged combustion cycle variants, with the target of finding viable ones to satisfy desirable engine performance characteristics. The results are expected

CONTACT Software welcomes three new racing teams from Germany and India to its University program. From now on, the students will use CIM Database PLM to develop their vehicles more efficiently.  In Formula Student, teams from around the world compete against each other with self-developed race cars. Three of these teams are already part of CONTACT University. Now, three more are joining: the German teams DART Racing from the Technical University (TU) of Darmstadt and CURE Mannheim from the Baden-Wuerttemberg Cooperative State University (DHBW) as well as Pravega Racing from the Vellore Institute of Technology (VIT) in India. The aspiring engineers use CIM Database to develop their vehicles more efficiently and facilitate knowledge transfer from one generation of students to the next. The Formula Student teams launch a new car each season. A powerful document management system is essential to support the development process, for example, to access design and test data of previous vehicles.

Eyelit Technologies, a leader in Manufacturing Operations Management (MOM), Manufacturing Execution (MES), Quality Management (QMS), and Factory Automation solutions, has acquired Optessa, a pioneer in optimization and AI-powered advanced planning and scheduling software. The acquisition extends Eyelit Technologies’ footprint into the automotive sector, where Optessa solutions are in use at four of the top 10 automotive original equipment manufacturers. Optessa leverages optimization, AI, and machine learning to sequence millions of configuration options across complex, sophisticated assembly workflows, including those of automobiles. The combined teams will continue Optessa’s innovation roadmap for the automotive sector while extending these breakthrough capabilities to other industries, including aerospace, battery, defense, medical devices, semiconductor, and solar. “The promise of smarter manufacturing is to make operational gains that create sustained value beyond the factory floor,” said Joe Bellini, CEO of Eyelit Technologies. “Through our acquisition of Optessa, we take smarter manufacturing further by offering intelligent planning and scheduling, two