CIMdata Blog

Cadence Design Systems, Inc.: WHO: Anirudh Devgan, president and chief executive officer, Cadence Design Systems, Inc. WHAT: Devgan will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco on Wednesday, March 6, 2024. WHEN: The talk will be available live by webcast at 3:35 p.m. PST on Wednesday, March 6, 2024. The presentation will be archived on the Cadence website and will be available for replay for 180 days after the event. WHERE: The webcast will be available online at cadence.com/cadence/investor_relations. To view the original press release, please click here. Search for Cadence Design Systems on CIMdata.com

At the world's largest industrial trade fair, CONTACT Software demonstrates how companies can accelerate their digital transformation. Visitors experience the benefits of end-to-end connected processes firsthand, from the initial product idea to manufacturing, operation, and service.  Challenges like increasing competitive pressure, a shortage of skilled professionals, as well as more complex requirements regarding sustainability lead to only one conclusion: companies need to swiftly advance their digitalization in development, manufacturing, and service. Under the motto “Fast Forward Digital Transformation”, CONTACT Software will showcase at Hannover Messe from April 22 to 26 how they can quickly integrate digital technologies along the entire value chain and enhance competitiveness. CONTACT's booth H24 in hall 17 centers around a racing simulator which is connected to the Elements platform and already proved to be a crowd-puller at last year’s Hannover Messe. For this year, the scenario featuring a fictional motorsport team has been significantly expanded. It now illustrates how the

Lantek, the world-renowned specialist in sheet metal CAD/CAM and ERP software will be exhibiting its latest software at MACH 2024, Hall 17 Stand 319 from 15th to 19th April. Flexibility is one of the major improvements in Lantek Expert, making it easy to move nests of parts between different machines as production requirements dynamically change without the need for manual adjustments. New is the Assembly 2 Nesting software. Here, customers can import a complete 3D model assembly of parts. These are individually sorted and unfolded in the Lantek software, nested and then cut in the shortest possible time, without the user needing their own CAD system to do 3D model manipulation. For tube and pipe work, Lantek Flex3D has seen some fundamental changes which reduce execution times. The software also helps eliminate collisions through hole destruction technology and aims for a ‘no scrap’ target with micro joints connecting parts together to use up every bit

Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses (SMBs), announces several significant announcements at Sage Transform 2024, its annual conference in Las Vegas, February 26 – 29, 2024. As AI continues to transform finance and accounting, Sage is empowering customers with AI-powered solutions that solve business challenges while elevating the value of human work. At Sage Transform 2024, the company unveils Sage Copilot, its AI-powered productivity assistant and product enhancements to Sage Intacct. Sage has also signed a strategic collaboration agreement with AWS that will help customers grow and scale their business into the future. In addition, the sports partnership with Sportable will deliver AI-led insights for sports fans across North America and globally. Announcements at Sage Transform 2024 include: Sage Copilot drives efficiency & growth for SMBs and accountants with generative AI: Sage’s new AI-powered productivity assistant, Sage Copilot, acts as a trusted team member, handling administrative

Q4 concludes transitional 2023 with continued growth Q4 Highlights Annual Recurring Revenue increased to MSEK 50.9 (45.7), an annual growth of 11% Net revenue increased to MSEK 20.7 (18.6), of which software revenues were MSEK 14.4 (13.0) EBIT amounted to MSEK -14.6 (-18.5), including development costs of MSEK 14.1 (16.7) Net income amounted to MSEK -13.4 (-18.6) Earnings per share amounted to SEK -1.22 (-1.69) before dilution 2023 Highlights Net revenue increased to MSEK 79.0 (67.6), of which software revenues were MSEK 53.1 (46.0) EBIT amounted to MSEK -57.2 (-64.6), including development costs of MSEK 53.5 (57.4) Net income amounted to MSEK -55.6 (-64.8) Earnings per share amounted to SEK -5.05 (-5.88) before dilution The board proposes that no dividend is paid for the 2023 financial year Comments from the CEOQ4 concludes transitional 2023 with continued growth The fourth quarter concluded 2023 with double digit growth in software and service revenues vs. 2022, with full year net revenue growth of 17% and 15%,

Tecsys Inc., an industry-leading supply chain management SaaS company, announced its results for the third quarter fiscal year 2024, ended January 31, 2024. All dollar amounts are expressed in Canadian currency and are prepared in accordance with International Financial Reporting Standards (IFRS). “Our third quarter represents another record quarter led by SaaS revenue and included the addition of five new logos, three new hospital networks, ongoing customer SaaS migrations, and the biggest bookings quarter of the fiscal year so far,” said Peter Brereton, president and CEO of Tecsys. “Our SaaS margins continue to expand and the resulting impact on our overall margin profile is becoming evident. We are seeing activity across all key verticals and through all commercial channels, with rising demand and pipeline expansion. This solid financial performance is bolstered by a market that is showing no signs of slowing down.” Mark Bentler, chief financial officer of Tecsys, added, “After our

Xometry, Inc., the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, reported financial results for the fourth quarter and full year ended December 31, 2023. “In Q4 2023, we delivered record financial results including our highest revenue and gross profit in Xometry history,“ said Randy Altschuler, Xometry’s CEO. ”Xometry's strong 31% revenue growth was driven by accelerated 42% marketplace growth. We improved operating leverage, reducing Q4 Adjusted EBITDA loss by 32% quarter-over-quarter. Powered by AI, our marketplace continues to gain significant market share as buyers and suppliers realize the value, convenience and resiliency of our platform. While we have seen a softer start to the year as reflected in our outlook, we remain confident in our initiatives to drive long term profitable growth.” Fourth Quarter 2023 Financial Highlights Total revenue for the fourth quarter 2023 was $128 million, an increase of 31% year-over-year. Marketplace revenue for the fourth quarter of 2023 was $112

ANN ARBOR, Michigan, USA 1 March 2024—CIMdata, Inc., the leading global research, consulting, and education firm specializing in Product Lifecycle Management (PLM) and the Digital Transformation it enables, is pleased to announce the promotion of Christine Longwell to Director of Research. In this role, Christine will assume primary responsibility for CIMdata’s core market analysis activities, including data gathering, analysis, and reporting. With her experience as a design and manufacturing engineer and proven track record in research and analysis, she is well-positioned to lead CIMdata’s research efforts and drive continued excellence in delivering valuable insights to our clients. CIMdata’s Vice President, Stan Przybylinski, will transition to lead CIMdata’s overall research agenda. Additionally, he will provide essential support for CIMdata’s broader market research initiatives and consulting projects. Stan will continue in his role as the Vice President of CIMdata. “We are delighted to announce the promotion of Christine Longwell to Director of Research,” said Peter