CIMdata Blog

Aramco Digital, the digital and technology subsidiary of Aramco, and LTIMindtree, a global technology consulting and digital solutions company, have signed a shareholders’ agreement to create an IT services company in the Kingdom of Saudi Arabia. The prospective company would showcase innovation in action, including disruptive digital services, and transformative industry 4.0 systems integration capabilities. This collaboration is expected to support the Kingdom’s Vision 2030 by creating highly skilled jobs for Saudis in this sector. The joint venture is being formed under the Aramco Namaat Industrial Investments Program. Nabil Al Nuaim, Aramco Senior Vice President of Digital and Information Technology and a board member of Aramco Digital said, “This is a pivotal partnership effort to leverage the power of digital transformation and unlock unprecedented opportunities for innovation and sustainability in the region. The joint venture aims to foster the localization of the IT services vital sector, create valuable jobs, and pave the way for

Deltek, the leading global provider of software and solutions for project-based businesses, announced that Bob Hughes will join Deltek as President and CEO to succeed Mike Corkery, Deltek’s current President and CEO. Mike will transition to a full-time operating Group Executive role at Roper Technologies, Deltek’s parent company, effective April 10, 2024. Bob brings over 20 years of experience and a proven track record of success in enterprise software and has held various leadership positions at prominent software companies. He has consistently demonstrated strategic vision and a passion for driving innovation and customer success. Most recently, Bob was the Chief Customer and Strategy Officer at UKG, focused on developing and executing the company's strategic growth plan, including mergers and acquisitions, strategic investments, and global expansion to benefit customers worldwide. Before UKG, he spent several years at Blackbaud as Vice President of Corporate Development. Bob also served as a U.S. Navy submarine officer and is a

HCLTech, a leading global technology company, and ServiceNow, the leading digital workflow company making the world work better for everyone, have announced a partnership to deliver new generative AI (GenAI)-led solutions. The offerings will help enable enterprises to adopt ServiceNow’s GenAI capabilities across the business quickly and efficiently. “We are delighted to double down on our partnership with ServiceNow to enable our clients to unlock value through GenAI. HCLTech’s differentiated portfolio and engineering heritage positions it to deliver practical and customized GenAI use cases to clients as they move forward with their digital transformation agendas,” said C Vijayakumar, CEO & Managing Director, HCLTech. “HCLTech offers a wealth of ServiceNow expertise to the world’s leading businesses,” said Bill McDermott, Chairman and CEO, ServiceNow. “It is an honor to extend our partnership to the cocreation of industry specific GenAI solutions that will ignite our customers´ growth engines with transformative experiences.” Under the new global partnership,

LTIMindtree, a global technology consulting and digital solutions company, announced that its Board of Directors has appointed Vipul Chandra as the Chief Financial Officer (“CFO”) of the Company with effect from April 25, 2024. Vinit Teredesai, who has been CFO since June 2020, has decided to pursue his professional interest outside the Company. Vinit will continue to serve as CFO till April 24, 2024. The Board of Directors place on record their deep appreciation for Vinit’s contribution to the company during his tenure. Joining the erstwhile Mindtree during the pandemic, Vinit played a key role in the profitable growth journey of the organization by establishing strong financial controls and governance. He also significantly contributed to the successful merger of LTI and Mindtree and continued to serve as CFO after the merger. Vipul has a distinguished career spanning nearly three decades in Financial Markets, Risk Management, Banking Operations, and Treasury Management. Joining L&T

Matterport, Inc. and KnowHow, a leading software platform to onboard, skill up, and equip workforces in the restoration industry, announced a partnership to deliver comprehensive ‘just-in-time’ online system training for Matterport’s Digital Twin Platform to all KnowHow customers. On average, turnover rate in construction and restoration is roughly 21%, with employees 24 or younger as high as 64%. As restoration crews face ongoing turnover, teams are increasingly turning to technologies like KnowHow to upskill employees that are new to the industry, or inexperienced for a specific job.  Through this partnership, KnowHow will offer its vast network of restoration professionals comprehensive training for Matterport's entire solution, from operating the Pro series cameras to capturing and documenting spaces effectively, ensuring optimal use of Matterport's Digital Twin Platform in their projects. KnowHow is the leading software for onboarding and equipping workers in the restoration industry, supporting owners, franchisors, general managers, project managers, and field staff with

Roadzen Inc., a global leader in AI-led insurance and mobility products, is excited to announce the appointment of Bruce Goldberg as General Counsel. With over three decades of executive experience overseeing legal, compliance, M&A, and HR in several public technology companies, Bruce brings a wealth of knowledge and a proven track record of success in scaling legal operations. His leadership will play an integral role in steering Roadzen through future opportunities, ensuring that the company's legal strategies support its growth and innovation. His appointment is part of our continued effort to strengthen the leadership team and build core operational capabilities for future growth. Speaking on his new role, Bruce Goldberg said, "Roadzen's commitment to innovation and excellence in insurance technology presents an exciting challenge and a significant opportunity. I am excited to join Roadzen at this pivotal moment and look forward to working with the entire team to pave the way for

Nano Dimension Ltd. (“Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printing solutions, announced that it will release its financial results for the fourth quarter and full year of 2023 before the Nasdaq market opens on Thursday, March 21st, 2024. Mr. Yoav Stern, Chief Executive Officer and Member of the Board of Directors, Mr. Tomer Pinchas, Chief Financial Officer and Chief Operating Officer, and Mr. Julien Lederman, VP of Corporate Development, of Nano Dimension will host a conference call on March 21st, 2024, at 9:00 am ET, to discuss the financial results. Participants can register for the conference by navigating to: https://dpregister.com/sreg/10186876/fbb757cdc0 The call can be accessed via webcast link or phone as detailed below. For webcast link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=3Z1noPJV For phone: U.S. Dial-in Number (Toll Free): 1-844-695-5517 International Dial-in Number: 1-412-902-6751 Israel Dial-in Number (Toll Free): 1-80-9212373 Participants will be required to state their

alwaysAI, a leader in providing real-time insights through Vision AI, announces a suite of innovative solutions that will transform the mine-to-market value chain and dramatically improve productivity, safety, and profitability. alwaysAI Smart Mining solutions combine our revolutionary computer vision platform, including a new, comprehensive analytics dashboard, with the invaluable experience of our talented team of world-class engineers to deliver practical AI to mines. As the global demand for metals grows, mining companies need to leverage advanced technologies to meet those demands through greater efficiency while enhancing employee safety and minimizing environmental impact. Because computer vision can detect people, objects, and events in real-time, it is invaluable for mines with historically limited visibility into fundamental mining processes. "Vision AI can help in every critical mining process from extraction to processing, inventory management and transportation, and delivery. AI technology like alwaysAI Smart Mining solutions enable operators to quickly deploy computer vision applications onto cameras

Flexxbotics, delivering workcell digitalization for robot-driven manufacturing, announced advanced robot machine tending connectivity compatible with the entire range of DMG MORI machine tools including turning, milling, ultrasonic, lasertec, additive manufacturing, and grinding. With Flexxbotics next generation machining environments using robotics with DMG MORI equipment achieve higher yields, greater throughput and increased profit per part. Flexxbotics’ patent-pending FlexxCORE technology enables robots to securely connect and communicate with DMG MORI machinery in the smart factory to provide more powerful, flexible and open robot connectivity than previously possible. Flexxbotics compatibility includes DMG MORI’s CELOS®, as well as, Siemens, Heidenhain, Mapps, Mitsubishi and Fanuc controls utilized across DMG MORI systems. Flexxbotics is also compatible with a wide range of open standard protocols including OPC/UA, MTConnect, Modbus-TCP, TCP/IP, Ethernet/IP, and DeviceNet along with MELSEC, Profibus/Profinet and other proprietary controllers and interfacing protocols. “Most of the time when automation projects fail it’s because the robot is disconnected and can’t properly communicate with

Keysight Technologies, Inc. leveraged 4th generation AMD EPYC™ CPUs from Advanced Micro Devices, Inc. to develop an industry first benchmarking methodology that redefines the landscape of system performance evaluation for high-speed digital designers, network equipment manufacturers, and data center operators.  The deployment of mobile and 5G private networks is expected to grow rapidly across many industries as part of their automation and digital transformation strategy. This diverse set of industry use cases requires a versatile compute architecture that can simultaneously support millions of low-latency, high-bandwidth devices, and a multifaceted workload profile. Given this transformation, comprehensive infrastructure benchmarking is critical to ensure optimal performance across a spectrum of industry use cases. To provide more realistic performance benchmarks, Keysight in collaboration with AMD developed an integrated test case methodology that takes into account the processing power of central processing units (CPUs). Using realistic traffic emulation, this novel approach enables data center operators to extract