CIMdata Blog

Wellspring, a Resurgens Technology Partners’ portfolio company and global leader in software and solutions for Technology Transfer, IP Management, and Innovation Management, announced today that it has completed the acquisition of Sopheon, a leading provider of Innovation Management software solutions. By uniting Wellspring’s leadership position in academic, government, and corporate innovation with Sopheon’s strengths in corporate Innovation Management, the acquisition creates a differentiated global provider of best-in-class innovation software solutions across the global R&D and innovation ecosystem. The combined company will help customers manage the innovation process from early-stage discovery and invention through product commercialization and strategic portfolio management. The combined company will be led by CEO Sean Downs, a multi-time CEO with experience scaling global software companies. “We are thrilled to welcome the Sopheon team as our new colleagues,” said Sean. “Our complementary product and service offerings, end markets, and geographic footprints present exciting opportunities to unlock new growth.” For Wellspring, this acquisition represents the latest in a

Cyncly, the leading global provider of software and content solutions that help make amazing spaces for living, will bring its leading software and customer support for the glass fabrication industry to Glass Processing Automation Days, March 5-6, 2024 in Nashville, TN. As a founding partner of GPAD, Cyncly's FeneTech is committed to bringing new and innovative technologies to the glass fabrication industry, including the benefits of automation and integration. FeneVision is a product from Cyncly's Windows, Doors and Glass solutions group, which brings together leading brands in the industry to deliver more complete solutions to manufacturers, fabricators, dealers and distributors. The company's software and support help customers achieve best-in-class levels of operational efficiency and agility, manage and automate highly complex production processes, and integrate with the front-end retail network. "It's always a privilege to participate in GPAD with our colleagues at the National Glass Association," said Craig Morris, VP of Product. "We're joining

DXC Technology, a leading Fortune 500 global technology services company, today announced it will participate in the following investor conferences: Susquehanna Financial Group’s 2024 Technology Conference – DXC management is hosting a series of investor meetings at the Palace Hotel in New York City on February 29, 2024. Morgan Stanley’s 2024 Technology, Media & Telecom Conference – Raul Fernandez, President and CEO, is hosting a fire side chat at 8am PST followed by a series of investor meetings at the Palace Hotel in San Francisco on March 4, 2024. A webcast of the fire side chat will be available on the “Events and Presentations” section of DXC’s investor webpage at https://investors.dxc.com To view the original press release, please click here. Search for DXC Technology on CIMdata.com

At Light + Building 2024, Siemens Smart Infrastructure will shine a spotlight on the innovative products, software and services, as well as the collaborations needed to drive true sustainability impact for customers and societies. The company’s focus for the 2024 show is ‘Technology to transform the everyday for everyone’, through which it will highlight how combining the real and digital worlds, together with customers and partners, enables the sustainable transformation of infrastructure on a global level. At the heart of the booth will be an industry-leading approach to Siemens´ sustainable product offering. This will be complemented by spotlights on electrification, safety & security, decarbonization & energy efficiency and asset efficiency, with new products, software, services and partnerships in the fields of electronic switching and building operation and management showcased for the first time.   “Nearly 40% of global energy emissions and 35% of energy demand globally are related to buildings,” said Matthias Rebellius, Member

Object Management Group® (OMG®) announced it will host an event entitled “The Impact of a New Era in Digital Transformation across Industries” on March 21, 2024, from 8:30 am – 2:45 pm at the Hyatt Regency Reston Town Center Hotel in Reston, VA. “Leading organizations across all industries are advancing their digital transformation efforts with cutting-edge technologies in Gen AI, digital twins, IoT, AR/XR, 5G, and more,” said Bill Hoffman, Chairman and CEO of OMG. “The OMG family of consortia offers an event filled with insightful presentations, interactive panel discussions, workshops, and live demos. You will meet executives from leading companies who share stories about their deployments, use cases, experiences, and challenges.” Agenda 8:30 am – 9:30 am – Exhibit Hall – Cross-consortia Demo Sessions. Demos feature Security and Trust, Immersive Factory of the Future, AI Infused-Compliance and Assurance, Multi-Agent Modeling, Smart City Microcosm, Intelligent Transportation, Fintech, and Smart Assets. 9:30 am – 10:00 am

“We’ve delivered a strong operational and financial performance in 2023 and I’m extremely proud of the way our people have delivered cutting-edge equipment and services to our customers, working together with partners across our supply chain. Our performance, combined with our global footprint and record order intake, means we’re well-positioned for sustained growth in the coming years. We’ll keep driving the business forward, investing in new technologies, facilities and our people. This will help us deliver on our order backlog and help ensure our government customers stay ahead in an uncertain world, whilst delivering increased value to our shareholders and the communities where we operate.”Charles Woodburn, Chief Executive Financial performance measures as defined by the Group 1   Year ended 31 December 2023  Year ended 31 December 2022 Variance 2 Sales £25,284m £23,256m +9% Underlying EBIT £2,682m £2,479m +9% Underlying earnings per share (EPS) 63.2p 55.5p +14% Free cash flow £2,593m £1,950m +£643m Order intake £37.7bn £37.1bn +£0.6bn Order backlog £69.8bn £58.9bn +£10.9bn Dividend per share 3 30.0p 27.0p +11%  Financial performance measures as defined by IFRS   Year ended 31 December 2023  Year ended 31 December 2022 Variance 2 Revenue £23,078m £21,258m +9% Operating profit £2,573m £2,384m +8% Basic earnings per share 61.3p 51.1p +20% Net

Keysight Technologies, Inc. reported financial results for the first fiscal quarter ended January 31, 2024. “Keysight delivered first quarter results above the high end of our guidance, reflecting strong execution and discipline given current market conditions,” said Satish Dhanasekaran, Keysight’s President and CEO. “While the overall demand environment remains constrained, orders grew in aerospace, defense, and government solutions, as well as AI-driven network and data center applications. We were also pleased to complete the ESI acquisition ahead of schedule in January. ” First Quarter Financial Summary Revenue was $1.26 billion, compared with $1.38 billion in the first quarter of 2023. GAAP net income was $172 million, or $0.98 per share, compared with $260 million, or $1.45 per share, in the first quarter of 2023. Non-GAAP net income was $286 million, or $1.63 per share, compared with $363 million, or $2.02 per share in the first quarter of 2023. Cash flow from operations was $328 million, compared to

Materialise NV, a leading provider of additive manufacturing and medical software solutions and of sophisticated 3D printing services, announced its financial results for the fourth quarter and full year ended December 31, 2023. Highlights — fourth quarter 2023 Total revenue increased 4.1% to 65,295 kEUR for the fourth quarter of 2023 from 62,703 kEUR for the corresponding 2022 period. Total deferred revenues from software maintenance and license fees increased by 4,826 kEUR this quarter to 44,905 kEUR. Adjusted EBITDA amounted to 8,474 kEUR for the fourth quarter of 2023 compared to 4,258 kEUR for the corresponding 2022 period. Net result for the fourth quarter of 2023 was (539) kEUR, or (0.01) EUR per diluted share, compared to a net result of (4,588) kEUR, or (0.08) EUR per diluted share, for the corresponding 2022 period. The net result in the fourth quarter of 2023 was impacted by non-cash impairment charges totaling (4,228) kEUR. Highlights — full year 2023 Total revenue increased 10.4% to

End-to-end approach enables companies to embrace the entire spectrum of AIThe transition to an AI-enabled company requires comprehensive preparation, ranging from building a solid data foundation and setting up AI services, libraries and tools to a roadmap for use cases. T-Systems offers companies AI strategy consulting via its advisory subsidiary Detecon. Customers can choose from three service packages. The scope of the packages depends on the respective maturity level of the company. Strategy consulting aims to accelerate this journey for customers. Here, T-Systems offers end-to-end AI expertise: From concept to application. Consulting services can be booked in S, M or L formats depending on the company's maturity level“AI transformation is more than just technology integration. It is a strategic shift that requires careful planning and implementation. We are here to accompany companies on this journey by providing solutions as well as comprehensive expertise across the entire AI value chain”, emphasizes Dr. Ferri Abolhassan, CEO of T-Systems and Board

LTIMindtree, a global technology consulting and digital solutions company, announced the launch of Navisource.AI, a GenAI powered autonomous sourcing platform. Using the power of AI driven pricing and negotiation engine, the platform aims to reduce overall procurement cost by 10-15 percent. Navisource.AI revolutionizes procurement with AI, streamlining processes from requisition to risk management. It integrates with LLM and Model Catalogs via Canvas.AI, enhancing enterprise workflows. Compatible with Ariba and SAP S/4HANA, it provides comprehensive navigational and decision-making support. “We believe that GenAI will drive transformation in three dimensions: functional reimagination, paving new ways of working, and intelligent automation. Enabling business transformation using GenAI is core to our strategy. With the reliability and trust in AI increasing, we foresee more autonomous AI-driven business processes being orchestrated. Navisource.AI will simplify indirect procurement processes, bring predictability, and free up a lot of time spent on manual activities so that procurement functions can focus more on