CIMdata Blog

Plataine, a leading innovator of AI-based manufacturing optimization solutions, introduces its Autoclave Scheduler Solution, part of Plataine’s Total Production Optimization (TPO) solution suite. Operating autoclaves is associated with significant expenses, a high carbon footprint, and often creating a bottleneck in production processes. The complexity of handling multiple recipes, part & machine profiles, and designated tools has historically led to inefficient utilization, with autoclaves running well below capacity. Increased pressures to increase production rates, coupled with sustainability requirements, require rapid technological evolution. Plataine has taken a significant leap forward with the Autoclave Scheduler, an AI-Based, cutting-edge scheduling solution tailor-made for composite manufacturers, to address these challenges. This innovation is designed to streamline operations, reduce operational costs, and significantly increase Overall Equipment Effectiveness (OEE) – all while boosting factory efficiency and contributing to sustainability efforts. Plataine’s AI-driven Autoclave Scheduler optimizes autoclave operations, considering real-time production factors, such as autoclave volume and capacity, part recipes, vacuum-port & daisy-chaining restrictions

 PDF Electronics industry solution provider expanding multiphysics systems design and analysis solutions portfolio On Tuesday, March 5, 2024, Cadence Design Systems, Inc. (Nasdaq: CDNS) announced it has entered into a definitive agreement to acquire BETA CAE Systems International AG, a leading computer-aided engineering (CAE) platform provider of multi-domain, engineering simulation solutions. Cadence has built its engineering simulation solutions portfolio through acquisition over the last several years. It recently announced the release of their Millennium™ Enterprise Multiphysics Platform, a dedicated hardware/software acceleration platform leveraging graphics processing unit (GPU) and central processing unit (CPU) computing, underlining its commitment to innovative products and solutions. In recent years, Cadence has engaged with CIMdata to ensure their simulation and analysis revenues were reflected in CIMdata’s Simulation and Analysis Market Analysis Report (S&A MAR). Before this acquisition, CIMdata estimated Cadence revenues in S&A at $153 million in calendar year 2022. BETA CAE’s ANSA is very well entrenched in the

Tango, a leading provider of cloud-based real estate and facilities management software, announced it has acquired Locatee, a leading workplace analytics solution. Locatee empowers organizations to make fact-based decisions by providing a complete picture of occupancy, driving strategic portfolio decisions, improving operational space utilization, and increasing employee satisfaction. Financial terms of the private transaction were not disclosed. “The complexities of managing a hybrid workplace mean that organizations are facing an imbalance in space supply and demand, with space utilization rates under 40% on average,” said Pranav Tyagi, President and Chief Executive Officer of Tango. “Organizations are actively seeking to better understand occupancy levels, however existing solutions are often disparate and cost-prohibitive, leaving them struggling to gain accurate insights. With the addition of Locatee, Tango provides a comprehensive, cost-effective solution that empowers them to address critical questions regarding actual occupancy and utilization, leveraging their existing Wi-Fi and hard-wired networks as well as

Altair, a global leader in computational intelligence, announced that Analytium Ltd. has joined Altair’s growing channel partner network and will offer the full suite of Altair’s data analytics and AI solutions, Altair® RapidMiner®. Analytium is an agile technology firm focused on data analytics and data management and provides full software lifecycle support, from design and production support to training. “The collaboration between Altair and Analytium heralds a new era of AI excellence. This partnership is a pledge to drive transformative technological advancements," said Kimon Afsaridis, managing director of Eastern Europe and vice president of indirect EMEA sales, Altair. “Our synergy with Analytium underscores our unwavering commitment to shaping the future of technology, marking a significant milestone in our aggressive global market expansion.” “We're excited to broaden the array of software options available to our clients by adding Altair's top-tier and best-in-class solutions,” said Vasilij Nevlev, director, Analytium. “Proudly partnering with a global technology innovator like

Altair, a global leader in computational intelligence, announced that Relational FS, a distinguished data intelligence solutions provider, has joined Altair’s growing channel partner network. The partnership will extend the reach of Altair's cutting-edge data analytics and AI portfolio in the Greek market. "In today's data-centric landscape, partnering with Relational is a strategic imperative to elevate our data analytics and AI capabilities. This partnership is a commitment to empowering organizations with cutting-edge solutions that go beyond traditional offerings,” said Kimon Afsaridis, managing director of Eastern Europe and vice president of indirect EMEA sales, Altair. “Together, Altair and Relational are poised to usher in a transformative era of data-driven decision-making, unlocking unprecedented value from data assets and propelling organizations into the future of intelligent insight." “We are delighted to announce our strategic partnership with Altair, a renowned global technology company,” said Nikos Tsantanis, director of innovation, Relational. “By combining Relational's data management expertise with Altair's leading-edge analytics

L&T Technology Services Limited, a prominent global digital engineering and R&D services company, has announced a collaboration with Intel Corporation aimed at developing and providing scalable edge-AI solutions for a range of use cases, including Cellular Vehicle-to-Everything (CV2X) applications. LTTS' expertise in the domains of connected vehicles and smart transportation systems has been pivotal in the development and implementation of advanced communication technologies like telematics, ADAS and C2VX. By harnessing Intel’s Edge Platform, including built-in AI runtime the with OpenVINO™ inference for real-time AI inferencing optimization, LTTS will empower on-premises and hybrid AI scenarios for traffic management and emergency safety in smart cities and transportation. These scenarios typically demand advanced networking and AI analytics at the edge, meeting stringent real-world needs with low latency, locality, and cost requirements.  This collaboration underscores LTTS' commitment to push the envelope in smart cities and road infrastructure, facilitating and laying the groundwork for enabling intelligent transportation systems.  Intel’s Edge Platform is

SimuTech Group is excited to announce our elevation to Ansys Apex Channel Partner status. Being awarded this distinction further highlights our commitment to fostering superior partnerships and our deep dedication to both our customers and Ansys. We have a rich history of Ansys partnership dating back to 1982. In 1982, JLR Engineering Solutions, Co. became one of the first Ansys Channel Partners to sell, teach, and support the software. As the breadth of Ansys products continued to expand across physics disciplines, SimuTech Group Founder Ken Lally identified and acquired several North American Ansys Channel Partners during the early 2000s, including JLR engineering.  In 2008, SimuTech Group was established to integrate the multiple businesses. This integration made SimuTech Group the largest Ansys Channel Partner in North America, and with it came the unique ability to provide engineering expertise and customer support across the range of Ansys simulation capabilities.  Since then, SimuTech Group has achieved the highest

Accenture will host a conference call at 8:00 a.m. EDT on Thursday, March 21, 2024 to discuss its second-quarter fiscal 2024 financial results. An earnings news release will be issued before the call. To participate in the teleconference, please dial +1 (877) 692-8955 [+1 (234) 720-6979 outside the U.S., Puerto Rico and Canada] and enter access code 6586099 approximately 15 minutes before the scheduled start of the call. The conference call will also be accessible live via webcast on the Investor Relations section of the Accenture website at www.accenture.com. A replay of the conference call will be available at www.accenture.com and at +1 (866) 207-1041 [+1 (402) 970-0847 outside the U.S., Puerto Rico and Canada] with access code 7186351, from 11:00 a.m. EDT on Thursday, March 21, 2024 through Wednesday, June 19, 2024. To view the original press release, please click here. Search for Accenture on CIMdata.com

Autodesk, Inc. reported financial results for the fourth quarter and full year of fiscal 2024. All growth rates are compared to the fourth quarter and full year of fiscal 2023, respectively, unless otherwise noted. A reconciliation of GAAP to non-GAAP results is provided in the accompanying tables. For definitions, please view the Glossary of Terms later in this document. Fourth Quarter Fiscal 2024 Financial Highlights Total revenue increased 11 percent to $1.47 billion; GAAP operating margin was 21 percent, flat compared to the prior period; Non-GAAP operating margin was 36 percent, flat compared to the prior period; GAAP diluted EPS was $1.31; Non-GAAP diluted EPS was $2.09; Cash flow from operating activities was $437 million; free cash flow was $427 million. "We are undertaking a multi-year process to develop lifecycle solutions, powered by shared platform services, and with Autodesk’s Data Model at its core. Together, these will enable Autodesk, its customers, and partners, to create more valuable, data-driven, and connected

Aras, a leader in product lifecycle management (PLM) and digital thread solutions, announced today new enhancements for Aras Innovator®, its open and adaptable platform for deploying PLM and digital thread solutions. Built on a highly scalable product data platform, Aras Innovator offers a library of applications that can be rapidly deployed, configured, and extended with enterprise-class low-code development tools to meet the specific needs of any organization. Today’s announcements include: New Digital Thread Capabilities Aras Innovator forms an extensible digital thread, serving as a data backbone for digital engineering and the broader digital enterprise. New capabilities will support simplified user interactions for viewing, editing, and implementing changes on interrelated items. In addition, a new streamlined experience for configuring connections to a comprehensive range of authoring tools simplifies extending the digital thread to a broader set of enterprise applications. Extended Low-Code Development Enhancements Aras Innovator is the only PLM platform with a fully integrated