CIMdata Blog

Procore Technologies, Inc,, the leading global provider of construction management software, announced that it will report its fourth quarter and full fiscal year 2024 financial results after the U.S. financial markets close on Thursday, February 13, 2025. In conjunction with this announcement, Procore will host a conference call on Thursday, February 13, 2025 at 2:00 p.m. Pacific Time to discuss Procore’s financial results and financial guidance. To access this call, dial +1 833 470 1428 (domestic) or +1 404 975 4839 (international). The conference ID number is 214916. A live webcast of this conference call will be available on the Investor Relations page of Procore’s website, http://investors.procore.com, and a replay will be archived on the website as well. To access the live event please register here. To view the original press release, please click here. Search for Procore on CIMdata.com

Order intake SEK 31,562 million (30,062) Order intake, at fixed exchange rates, increased by 5% Revenues SEK 32,151 million (31,816) Revenue growth, at fixed exchange rates increased by 1% Adjusted EBITA SEK 6,288 million (6,211) Adjusted EBITA margin 19.6% (19.5) Adjusted EBIT SEK 5,741 million (5,738) Adjusted EBIT margin 17.9% (18.0) Adjusted profit before tax SEK 5,377 million (5,107) Profit for the period SEK 4,297 million (4,259) Adjusted profit for the period SEK 4,084 million (4,047) Earnings per share, diluted SEK 3.42 (3.39) Adjusted earnings per share, diluted SEK 3.25 (3.22) Free operating cash flow SEK 6,463 million (5,463) Additional information may be obtained from Sandvik Investor Relations, phone +46 70 782 63 74 (Louise Tjeder). A webcast and conference call will be held on January 23, 2025, at 10:00 AM CET. Information is available at home.sandvik/investors To view the original press release, please click here. Search for Sandvik on CIMdata.com

Altium, a global leader in electronics design systems, announced today that it has completed the acquisition of Milwaukee-based Part Analytics. Part Analytics provides the electronics industry’s leading AI-powered supply chain management platform, which enables manufacturers to quickly make fully informed decisions for large-scale component planning and procurement, particularly at the enterprise level.  This acquisition will enable the introduction of a component and parts management application into Altium’s highly efficient cloud-based collaboration platform, Altium 365, allowing us to support new groups of customers in supply chain and procurement, including Electronics Supply Chain and Category Managers, further uniting industry stakeholders. The acquisition also achieves strategic synergy with Altium enterprise solutions, offering large-scale supply chain and procurement capabilities for enterprise companies, with a comprehensive parts catalog across entire programs, a critical element in achieving full Electronics Lifecycle Management. “Altium’s acquisition of Part Analytics represents a further step forward toward our vision of a fully connected electronics

We are pleased to share that ENCY Software will participate in IMTEX 2025, marking our first formal presentation in India. At IMTEX, we’ll introduce our advanced CAD/CAM solutions to the Indian market, highlighting how ENCY Software optimizes workflows, improves precision, and reduces production time. About ENCY Software and Our Products ENCY Software offers a complete ecosystem of CAD/CAM solutions designed for industries such as aerospace, automotive, and consumer goods. Our flagship product, ENCY, combines advanced toolpath generation, high-fidelity simulation, and G-code verification with an intuitive interface, enabling seamless transitions from design to finished parts. The ENCY ecosystem also includes: ENCY Robot: A complete offline programming software for robotic cells. ENCY Tuner: A shop-floor tool for NC-code simulation and reengineering. ENCY Clouds: A cloud-based collaboration platform for real-time project sharing and troubleshooting. Our solutions empower manufacturers to enhance efficiency, minimize errors, and deliver reliable results across diverse applications. Exclusive Offer for IMTEX Visitors Every visitor to our booth who registers will receive

Sigmetrix, global experts in mechanical variation management announced that they will be attending the PTC/User Global Summit 2025 being held from January 27-30 at the Sheraton New Orleans in New Orleans, Louisiana at Booth #2.   PTC/USER is an independent voice for users of software produced by PTC. As the sole entity recognized by PTC as the official worldwide representative of its customers, it is uniquely positioned to support customers through a dedicated user network; educate customers through an online file library, online discussion forums in partnership with PTC Community and contributions to PTC events; and advocate on the behalf of customers through an annual meeting with PTC and Technical Communities and Working Groups.    Major initiatives that are helping companies with this automation and quality/cost management are Model-Based Definition (MBD), Industry 4.0, and Digital Thread.  Many companies are starting down the path toward a Model-Based Enterprise, a business practice centered around the use of the model as

Hexagon’s Manufacturing Intelligence division announced a strategic collaboration with JDC-Miller MotorSports, a Minnesota-based racing team renowned for competing in various IMSA series with vehicles from Porsche, Audi, Oreca, Duqueine, and more. This partnership will push the boundaries of precision and performance in motorsports engineering for the 2025 IMSA racing season. JDC-Miller MotorSports, known for using the state-of-the-art Porsche Hybrid 963 GTP race car in IMSA’s top-tier Prototype class, will utilize Hexagon’s cutting-edge metrology devices to fine-tune the Porsche 963 ahead of races. This collaboration highlights the critical role of metrology technology in maintaining a competitive edge in motorsports, where every detail can determine victory or a loss. Advancing Precision with Hexagon’s Metrology TechnologyAt the center of this collaboration is Hexagon’s advanced metrology solutions, including its patented MARVELSCAN scanning device, which will enable JDC-Miller MotorSports to generate highly accurate 3D scans of vehicles before each race, ensuring they are consistently in compliance. Benefits and

LTIMindtree, a global technology consulting and digital solutions company, announced extension of their strategic collaboration with the Association of American Medical Colleges (AAMC), a nonprofit association dedicated to improving the health of people everywhere through medical education, health care, medical research, and community collaborations. As a part of this renewed partnership, LTIMindtree will help the AAMC expedite its continuous improvement initiatives, driving improved decision making and increased productivity across its business functions. Founded in 1876, the AAMC is based in Washington, D.C. Through this extended alliance, LTIMindtree will assist the AAMC in enhancing their technology infrastructure and optimize application development and maintenance processes. This engagement will reduce the time to market, through improved overall engineering productivity. Additionally, it will also enable the integration of security practices in development and operational processes to ensure a robust and reliable end-to-end delivery. “Technology-led innovation is helping tackle some of the most significant challenges within healthcare

PROS Holdings, Inc., a leading provider of AI-powered SaaS pricing, CPQ, revenue management, and digital offer marketing solutions, announced the extension of its long-term strategic agreement with Malaysia Airlines by renewing PROS Revenue Management Advantage (RMA). The extension strengthens the collaboration between PROS and Malaysia Airlines, highlighting the value of PROS advanced technology and artificial intelligence (AI) into the airline’s global operations. The PROS solutions have been instrumental in supporting the airline’s post-COVID-19 recovery and driving two consecutive years of profitability. “Competitive intensity continues to drive us to adopt the most advanced revenue management technology in order to create compelling offers designed to maximize revenue,” said Dersenish Aresandiran, Chief Commercial Officer of Airlines from Malaysia Aviation Group. “PROS has been an exceptional partner, delivering cutting-edge offer AI so that we can provide the right product and price to the customer. These capabilities continue to make us the successful, profitable carrier we

Cadence announced that MediaTek has adopted the AI-driven Cadence® Virtuoso® Studio and Spectre® X Simulator on the NVIDIA accelerated computing platform for its 2nm development. As design size and complexity continue to escalate, advanced-node technology development has become increasingly challenging for SoC providers. To meet the aggressive performance and turnaround time (TAT) requirements for its 2nm high-speed analog IP, MediaTek is leveraging Cadence’s proven custom/analog design solutions, enhanced by AI, to achieve a 30% productivity gain. “As MediaTek continues to push technology boundaries for 2nm development, we need a trusted design solution with strong AI-powered tools to achieve our goals,” said Ching San Wu, corporate vice president at MediaTek. “Closely collaborating with Cadence, we have adopted the Cadence Virtuoso Studio and Spectre X Simulator, which deliver the performance and accuracy necessary to achieve our tight design turnaround time requirements. Cadence’s comprehensive automation features enhance our throughput and efficiency, enabling our designers to be 30% more productive.” Using

Medidata, a Dassault Systèmes brand and leading provider of clinical trial solutions to the life sciences industry, has extended its 13-year relationship with Tigermed, a leading global provider of clinical research solutions across the full life cycle of global biopharmaceutical and medical device products. This extended partnership will further harness the Medidata Platform from early-phase trials to post-marketing surveillance, to optimize study workflows, ensure regulatory compliance, and improve the speed of delivering new therapies to patients worldwide, including the emerging markets. Since 2011, Tigermed has successfully completed over 300 clinical studies across diverse therapeutic areas, including oncology, vaccines, endocrine, and cardiovascular conditions, with the adoption of Medidata Platform. Built on a longstanding relationship, Tigermed will continue to leverage the Medidata Platform to seamlessly integrate with their workflow, automating data capture and streamlining operations traditionally reliant on labor-intensive CRO services. This collaboration will improve trial efficiency, connecting patients, sites, and sponsors, shortening time to market