CIMdata Blog

Honeywell announced the intention to acquire the entire share capital of Civitanavi Systems S.p.A. (Civitanavi or the Company). Honeywell will initiate a voluntary tender offer to acquire all outstanding shares of Civitanavi for a purchase price of €6.30 per share in cash (an equity value of approximately €200 million at closing). The acquisition will further strengthen Honeywell's capabilities to help its customers create autonomous operations in aircraft and other vehicles. It also supports Honeywell's alignment of its portfolio around three compelling megatrends, including the future of aviation and automation. Together with Civitanavi, Honeywell will be able to offer a broader set of technologies to its customers across the globe, whether they are traditional operators seeking to increase the autonomous capability of their existing fleets or are new entrants in the Advanced Air Mobility space. The purchase price payable at closing represents a premium of approximately 27.1% to the 30-day volume-weighted average trading price of Civitanavi's stock

Bcentriqe.AI, based in Silicon Valley, California, US and Datatex, a global leader in ERP Applications for textile and apparel manufacturing, and based in Italy, announced the partnership to deliver innovative AI-driven business profitability and productivity solutions for Textile and Apparel manufacturing companies. Bcentriqe is a boutique AI solutions provider and an emerging leader in AI-driven business profitability, productivity and demand predictions solutions, and will offer integrated solutions with Datatex ERP. This strategic partnership will underscore Datatex’ commitments with its 1000+ existing customers to accelerate customer AI adoptions globally. Bcentriqe Inc. offers ProfitEdge and VisionEdge as its cutting-edge AI-based profitability platform with various offerings for an enhanced demand prediction, production control, inventory, and profitability improvement. The strategic partnership with Datatex has laid a solid foundation to show case Bcentriqe AI based business profitability system with industry leading ERP solutions for textile and apparel manufacturing companies. The association also solidifies commitment to serve customers globally

CADENAS and the other partners in the DIAMOND project present interim results and demonstrators to the project sponsor and announce the second half of the project On March 12 and 13, the high-profile partners of the DIAMOND project met at SIEMENS AG in Stuttgart for a consortium meeting. The project is funded by the European Union and supported by the German Federal Ministry of Economics and Technology (BMWK). DIAMOND stands for Digital Asset Modeling with Neutral File Formats. Since the start of the project in May 2022, CADENAS has been working with other partners on a common data model. Interim status at the midpoint of the project May 2024 marks the halfway point in the DIAMOND project - time to look back on the successes and milestones achieved so far. At the working meeting in March, the participants presented the latest results from all subprojects and provided a deeper insight into exciting developments with the

OpenText™, the information company, and X12, the ANSI-accredited standards organization, announced the renewal of their commercial use partner license agreement. This long-standing collaboration underscores OpenText’s commitment to and support for X12 standards across its expansive supply chain network. “Electronic data interchange (EDI) is a critical foundation that supports how supply chains and businesses function today,” stated Muhi Majzoub, Chief Product Officer and EVP, OpenText. "Working with X12 is more than just a collaboration; it's a testament to our joint dedication to continuous innovation and to laying the foundation for a more interconnected and efficient B2B data exchange landscape for the future.” X12 standards play a crucial role in EDI, serving as the primary conduit for businesses across diverse industries, including retail, consumer goods, automotive, high-tech, general manufacturing, and insurance. These standards allow businesses to digitally share vital information seamlessly within and across their operations. The integration of X12 standards within OpenText’s business network solutions improves efficiency, accuracy, transparency, and cost-effectiveness for its customers, contributing to a strengthened supply chain ecosystem. “We are delighted to join forces with OpenText in advancing the development of X12 standards and derivatives,” said

We are thrilled to introduce Mark St. Marie, as the newest member of our Industrial Hygiene and Building Sciences Team at VERTEX. Mark will serve as the National Technical Lead-Healthcare. With over 30 years of diverse experience, including roles in the Department of Defense, Federal Government, and private sector, Mark brings a wealth of expertise in healthcare, pharmaceutical industry, laboratory/research facilities, and potable and high-purity critical water treatment and testing. His previous role as the National Industrial Hygiene Program Manager for the Department of Veterans Affairs showcases his leadership in policy development, implementation, and compliance across 175+ medical centers. Mark is also a retired U.S. Air Force Bioenvironmental Engineering and Industrial Hygiene professional. Mark’s certifications as a Board for Global EHS Credentialing (BGC) professional, Certified Industrial Hygienist (CIH), and CNBT Registered Certification Professional for Sterile Compounding Clean-Room Facilities (RCP-SCF) highlight his commitment to excellence and industry standards. With an extensive background in government contracting and

Wipro Limited, a leading technology services and consulting company, announced a collaboration with Indian Institute of Science (IISc), an institute renowned for research and education in science and engineering, to offer eligible employees a higher education program in AI.The online Master’s in Technology (MTech) course will emphasize key areas such as AI, Foundations of ML/AI, Data Science, and Business Analytics, addressing the growing demand for skilled professionals in these domains. Wipro's investment in expanding its AI capabilities through skill-building underscores its commitment to cultivating a future-ready workforce. This initiative is a pivotal step towards up-skilling by engaging with premier universities and enhancing top talent through formal degree programs. “We are thrilled that Wipro stands among the pioneers in the industry, offering a Master’s degree program to our top-performing employees, under our WILP (Work Integrated Learning Programs),” said Sanjeev Jain, Senior Vice President and Global Head, Business Operations, Wipro Limited. “GenAI is evolving at

Honeywell will issue its first quarter financial results before the opening of the Nasdaq Stock Market on Thursday, April 25. The company will also hold a conference call at 8:30 a.m. EDT. Presentation Materials / Webcast Details A real-time audio webcast of the presentation can be accessed at http://www.honeywell.com/investor, where related materials will be posted prior to the presentation and a replay of the webcast will be available for 30 days following the presentation. To view the original press release, please click here. Search for Honeywell on CIMdata.com

Cosmo Tech announces it has been selected by CNR, France’s leading producer of 100% renewable electricity, for a five-year partnership to enhance its asset management efficiency, supporting its strategic and tactical planning decisions with advanced AI-Simulation software. The aim of bringing Cosmo Tech on board for CNR is to assist its teams in predicting how their decisions in asset renewal and maintenance will affect overall performance. This helps optimize investments and improve the operational efficiency of CNR’s hydroelectric and solar power plants, dams, and locks in France’s Rhône Valley. “Through 90 years of experience in producing renewable energy and developing the navigability of the Rhône river, CNR has continuously innovated and gained expertise in managing industrial equipment,” said Mathieu Stortz, General Director at CNR. “Our choice of Cosmo Tech’s AI Simulation capabilities marks a significant advancement towards supporting our 2030 strategy. This collaboration is set to increase the profitability of our capital-intensive industrial facilities and

Infosys, a global leader in next-generation digital services and consulting, announced a strategic collaboration with the Handelsblatt Media Group, a leading media company for business and financial information in Germany. As an AI and Digital Innovation Partner for the Handelsblatt Media Group, Infosys will bring the best of digital technology to power innovative storytelling to inform and delight Handelsblatt’s core audience. In the first year of this partnership, Infosys will work with Handelsblatt Research Institute (HRI), an independent economic research institute under the umbrella of the Handelsblatt Media Group. Infosys will leverage Infosys Topaz, an AI-first set of services, solutions and platforms using generative AI technologies, to support the HRI in making complex HRI reports on global economic and financial topics more accessible and consumable for the public. HRI has been consistently evolving the digital storytelling of its reports and, now leveraging its collaboration with Infosys, will enable new-age customizations like chat functionality, text translation and

Shanghai Jinjia Technology Co., Ltd. (Jinjia Technology), the personal care company, has successfully implemented Centric PLM™ to build a digital research and development platform. 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 2007, Jinjia Technology is focused on the beauty and personal care industry and operates more than 20 distributor brands. Jinjia Technology began investing in the development of its own brands in 2019. Its five proprietary brands have experienced rapid growth and market recognition. Understanding that long-term brand development ultimately depends on product quality and innovation, Jinjia Technology realized that manual systems and offline operations were no longer sufficient to manage a rapidly growing business with an increasing number of R&D projects.