CIMdata Blog

Sage is pleased to announce the appointment of Mark Hickman to the role of Managing Director of North America, effective immediately. In this role, Mark will be responsible for leading continued growth in the U.S. and Canada, as well as delivering an exceptional experience customers, partners and Sage colleagues in the region.  Mark joined Sage as Managing Director of Canada in 2022, where he demonstrated a strong track record for delivering year-over-year growth and empowering customers across the market to break down barriers, simplify workflows and achieve growth.  Mark will report to Derk Bleeker, Chief Commercial Officer. With Hickman’s new appointment, Steve Ryujin, Vice President of Direct Sales & Acquisitions, will serve as interim Managing Director of Canada. To view the original press release, please click here. Search for Sage on CIMdata.com

Oracle Corporation announced fiscal 2024 Q3 results. Total quarterly revenues were up 7% year-over-year in both USD and constant currency to $13.3 billion. Cloud services and license support revenues were up 12% in USD and up 11% in constant currency to $10.0 billion. Cloud license and on-premise license revenues were down 3% in both USD and constant currency to $1.3 billion. Q3 GAAP operating income was $3.8 billion. Non-GAAP operating income was $5.8 billion, up 12% in both USD and constant currency. GAAP operating margin was 28%, and non-GAAP operating margin was 44%. GAAP net income was $2.4 billion. Non-GAAP net income was $4.0 billion, up 18% in both USD and constant currency. Q3 GAAP earnings per share was $0.85 while non-GAAP earnings per share was $1.41, up 16% in both USD and constant currency. Short-term deferred revenues were $8.9 billion. Over the last twelve months, operating cash flow was $18.2 billion

Rockwell Automation Inc., the world’s largest company dedicated to industrial automation and digital transformation, announced it has been selected by Church & Dwight Co., Inc. to strengthen the consumer goods company’s cybersecurity program. Church & Dwight chose Rockwell specifically to help build resiliency and minimize risks in its operational technology (OT) manufacturing security practices. The number of cyberattacks against manufacturing and critical infrastructure continues to rise. A recent report found critical manufacturing was one of the most frequently attacked verticals in the OT/industrial control system (ICS) sector. With several global consumer brands under its umbrella, Church & Dwight recognized the critical impact and importance of a strong OT security posture and enlisted Rockwell. The goal was to gain a deeper understanding of its manufacturing risk profile by identifying critical assets, vulnerabilities and security gaps. After examining and prioritizing risk, Rockwell collaborated with Church & Dwight to develop a remediation roadmap, new security policies,

Matterport, Inc. announced that Resi, the UK’s leading home extension company, has made Matterport’s Pro3 and Digital Twin Platform its technology of choice for surveying homes.  Founded in 2016 with the vision of opening up fast, affordable, high-quality architectural services for every UK home, Resi is the UK’s leading home extension company having completed more than 7,000 projects to date. In design and construction, inaccurate or incomplete documentation is responsible for an estimated 48% of rework, making accurate measurements vital to set a project up for success.1 To improve accuracy, productivity and quality, Resi explored several laser scanning providers, determining Matterport’s Pro3 was its preferred surveying solution due to its scalability and price. “When we started exploring Matterport as a solution, we encountered a lot of skepticism as to whether the accuracy would stand up to traditional laser scanners. We did significant due diligence comparing measurements against our existing equipment, and we found

Document Crunch, the construction industry’s leading AI contract intelligence platform, and PCL Construction, a multi-billion-dollar, global powerhouse in the construction sector, announced a partnership enabling PCL to train and empower its project teams to de-risk its projects around contract compliance by leveraging Document Crunch’s groundbreaking artificial intelligence and machine learning technology. This will bring over a century’s worth of PCL experience to the fingertips of its people.  Since launching in 2019, Document Crunch has quickly become the industry leader in construction contract risk review and mitigation through its proprietary AI solutions that simplify contracts, standardize contract review by identifying critical risks, and transfer contract knowledge from the back office to the field, allowing for better contract compliance by project teams. “Our bigger vision has always been around project teams being better enabled at contract compliance,” said Josh Levy, co-founder and CEO of Document Crunch. “We made a significant investment into building an

PETRONAS, a leading global energy company, has entered into a Memorandum of Understanding (MOU) with AVEVA, a global leader in industrial software driving digital transformation and sustainability. The agreement, signed during October’s AVEVA World San Francisco flagship event, will enable PETRONAS to collaborate with AVEVA to jointly develop and commercialize expert new solutions by combining AVEVA’s software with its own deep domain knowledge, to accelerate sustainable operations and drive digital transformation for companies in a variety of industrial sectors. Together, PETRONAS and AVEVA are poised to elevate digital innovation not only within the energy sector but across diverse industries. The partnership is designed to foster knowledge sharing, facilitate value creation, and promote joint product innovation and commercialization. AVEVA brings cutting-edge engineering and industrial software, along with software-as-a-service products, comprehensive support services and global market network. PETRONAS, plays a crucial role in providing relevant technical solutions, and technology products, in industries such

Stratasys Ltd., a leader in polymer 3D printing solutions, announced that it will provide 3D-printed materials for an upcoming lunar mission to test their performance on the surface of the moon. The experiments are part of Aegis Aerospace, Inc.’s first Space Science & Technology Evaluation Facility mission (SSTEF-1). SSTEF is a commercial space testing service, developed by Aegis Aerospace in Houston, Texas under NASA’s Tipping Point program, to provide R&D services on the lunar surface. The SSTEF-1 project focuses on technology development for space infrastructure and capabilities for the moon and near-earth space. The Stratasys experiments are sponsored by Northrop Grumman Corporation. In this moon mission, Stratasys will provide 3D-printed samples that will be brought to the lunar surface by an unmanned lander in a carrier structure 3D-printed by Stratasys. Three materials will be the focus of two different experiments led by Northrop Grumman. The first experiment assesses the performance of a

Altium, a global leader in electronics design systems, will be at Embedded World 2024 to reveal its latest innovations across its ecosystem, spanning Altium Designer, Altium 365, Octopart, and Altium Electronics Lifecycle Management, the company’s enterprise-grade digitally integrated system for electronics hardware. Embedded World 2024 takes place April 9-11 in Nuremberg, Germany. Altium will be at Booth 4-305. “Altium is uniquely positioned to reshape the future of electronics development and production. We are extremely excited to share our vision of a transformed industry ― which is fast becoming a reality ― with the world’s leaders in embedded technology at Embedded World 2024.” - Naomi Hamels, VP Enterprise Marketing, Altium At Embedded World Booth 4-305, Altium will demonstrate the value it provides to constituents across the entire electronics industry, including enterprises, manufacturers, suppliers, purchasers, and individual designers, Altium's long-time user base. Electronics Lifecycle Management. Altium now empowers enterprises with a system to connect, manage, and coordinate all

What: The use of AI is growing rapidly and the race to develop and deploy high-speed, high-bandwidth optical interconnects is a top priority for data center and cloud service providers. At OFC 2024, Keysight will demonstrate its market-leading design, simulation, and test solutions that accelerate the adoption of AI through the validation of high-speed optical and electrical technologies.  "As cloud providers bring the transformative power of AI to life, enhancing productivity across various industry verticals, the optical industry has once more taken center stage accelerating the next generation of high bandwidth, low power and low latency interconnects necessary for AI infrastructure. Keysight is proud with the progress we are enabling in this arena, from physical layer to protocol, from electrical to optical, and from early R&D to production. We have our customers covered every step along the way," said Joachim Peerlings, Vice President and General Manager, Networks and Data Centers, Keysight Technologies. When:

Lantek, a leading expert in sheet metal CAD/CAM and ERP software, is set to showcase its cutting-edge suite of solutions at the Global Industrie Paris 2024, taking place at Stand 6B88 from March 25th to 28th at the Paris Villepinte Exhibition Center. Among the innovations on display is the enhanced flexibility of Lantek Expert, allowing seamless movement of part nests across different machines to adapt to dynamic production requirements without manual adjustments. Introducing Assembly to Nesting software, Lantek enables customers to import entire 3D model assemblies, efficiently sorting, unfolding, nesting, and cutting components without the need for a separate CAD system. For tube and pipe applications, Lantek Flex3D has undergone significant improvements, reducing execution times. The software employs hole destruction technology to prevent collisions and aims for zero waste with micro joints connecting parts, maximizing the use of tube material. Lantek’s Machine Connectivity facilitates direct connections to diverse machines, automatically collecting machine data. This information is