CIMdata Blog

Cadence Design Systems, Inc. announced results for the fourth quarter and fiscal year 2024. Fourth Quarter 2024 Financial Results Revenue of $1.356 billion, compared to revenue of $1.069 billion in Q4 2023 GAAP operating margin of 33.7%, compared to 31.5% in Q4 2023 Non-GAAP operating margin of 46.0%, compared to 42.9% in Q4 2023 GAAP diluted net income per share of $1.24, compared to $1.19 in Q4 2023 Non-GAAP diluted net income per share of $1.88, compared to $1.38 in Q4 2023 Fiscal Year 2024 Financial Results Revenue of $4.641 billion, compared to revenue of $4.090 billion in 2023 GAAP operating margin of 29.1%, compared to 30.6% in 2023 Non-GAAP operating margin of 42.5%, compared to 42.0% in 2023 GAAP diluted net income per share of $3.85, compared to $3.82 in 2023 Non-GAAP diluted net income per share of $5.97, compared to $5.15 in 2023 Year-end backlog was $6.8 billion and current remaining performance obligations ("cRPO"), contract revenue expected to be recognized as

Modelon, a leading player in the simulation and analysis market that offers software products and complementary consulting services in industrial mathematical modeling, simulation and analysis of complex technical systems, invites investors to a presentation of the year-end report for the period Jan – December 2024. CEO Jan Häglund together with CFO Jonas Eborn, will present the company on a webcast at 12.00 pm CET on February 21, 2025. The presentation will be held in English and will be available at www.modelon.com. The live presentation as well as a recording will be available via the link below:https://www.redeye.se/events/1067302/live-q-modelon-3 To view the original press release, please click here. Search for Modelon on CIMdata.com

Trimble Inc. announced financial results for the fourth quarter and fiscal year 2024. Fourth Quarter 2024 Financial Highlights Revenue of $983.4 million, up 5 percent on a year-over-year basis, up 17 percent on an organic basis Annualized recurring revenue ("ARR") was $2.26 billion, up 14 percent year-over-year, up 14 percent on an organic basis GAAP operating income was $173.5 million, 17.6 percent of revenue and non-GAAP operating income was $283.6 million, 28.8 percent of revenue GAAP net income was $90.2 million and non-GAAP net income was $221.5 million Diluted earnings per share ("EPS") was $0.36 on a GAAP basis and $0.89 on a non-GAAP basis Adjusted EBITDA was $298.1 million, 30.3 percent of revenue Executive Quote "Fiscal 2024 was a transformative year for Trimble. We simplified and focused the Company through portfolio moves and re-segmentation. We also delivered for our customers while strengthening the Company — as evidenced by record levels of software as a percent of total revenue, and record levels of ARR, gross margin and profitability," said Rob Painter, president and

Altair, a global leader in computational intelligence, is thrilled to announce the release of Altair® HyperWorks® 2025, a best-in-class design and simulation platform for solving the world’s most complex engineering challenges. At the forefront of this release is a bold vision of the future of product development: a zero-prototype world, where design is perfected in the virtual domain before reaching the physical world. By combining the power of artificial intelligence (AI), high-performance computing (HPC), and multiphysics simulation with cloud-based scalability and digital thread connectivity, Altair HyperWorks 2025 is more than a simulation platform – it’s a launchpad for innovation. “Altair HyperWorks 2025 builds on four decades of Altair’s expertise in simulation, design, and optimization,” said James R. Scapa, founder and chief executive officer, Altair. “By integrating advanced simulation technologies with AI and machine learning, automation, open architecture, and a connected digital thread, the platform accelerates design processes, fosters scalable cloud collaboration, and empowers teams to deliver smarter, faster,

The interface between SAP applications and CONTACT Elements ensures seamless access to all relevant data across processes. CONTACT Software has once again achieved SAP® certification for the integration of its CONTACT Elements platform with RISE with SAP S/4HANA® Cloud. This integration enables companies to establish streamlined processes for improved collaboration, accelerates development and production, and reduces costs. “A comprehensive digitalization strategy connects processes and data along the digital thread across the entire product lifecycle. This gives companies a crucial foundation to accelerate their digital transformation,” says Jörg Kollmann, Principal Software Engineer at CONTACT Software. The interface automates the synchronization of key data such as bills of materials, technical changes, and documents between CONTACT Elements and SAP applications. This leads to more accurate planning as decisive factors like inventory levels, material costs, or open production orders are already incorporated during the design phase. Additionally, the integration with SAP S/4HANA and SAP ERP modules enables to seamlessly connect maintenance processes and

EON Reality, the world leader in AI-assisted Virtual Reality and Augmented Reality-based knowledge transfer for industry and education, is proud to announce the enhancement of its Career Compass App, an AI-powered platform designed to help individuals identify skill gaps, find relevant courses, and create personalized learning paths. This new version of the app integrates advanced AI models to automatically identify relevant courses from leading platforms like Udemy, Coursera, and LinkedIn Learning. In addition, the app seamlessly integrates with EON’s immersive training tools, providing users with access to customized immersive learning experiences that help them close skill gaps faster and more effectively. Why This Innovation Is Important In an era where the job market is constantly evolving and the demand for new skills is growing rapidly, individuals face the challenge of keeping up with changing technologies and evolving career requirements. The Career Compass App addresses this challenge by providing a data-driven, personalized learning experience that helps users identify what skills they need to acquire in order to succeed in their chosen career

Kontron, a leading global provider of IoT/Embedded Computing Technology (ECT), offers industrial software for cross-industry automation solutions through its subsidiary Kontron AIS GmbH. With the latest enhancements to the EquipmentCloud® digital transformation solution and KontronGrid IoT device management solution, Kontron AIS offers machine builders and component manufacturers even more security, usability and flexibility. Single sign-on and multi-factor authentication for more security Single sign-on (SSO) makes the login process much easier to use, and more secure. By linking to external identity providers such as Azure Active Directory, one click is all it takes for secure identification. By integrating multiple identity providers, both, the own employees and those of the system operators can be integrated. SSO can replace traditional login methods using a username and password in both desktop and mobile environments. Sensitive information such as passwords remains protected while administration is handled by the respective domain managers. In addition, multi-factor authentication (MFA) can be made

Elysium has released CADdoctor for NX Ver.5.2. Supported Versions NX 2406 Series NX 2412 Series To view the original press release, please click here. Search for Elysium on CIMdata.com

Siemens Digital Industries Software announced as part of its ongoing collaboration with TSMC, the readiness of an automated and certified workflow for TSMC’s InFO packaging technology using Siemens industry-leading advanced packaging integration solutions. “Siemens is pleased that our continued collaboration with TSMC has delivered a certified Xpedition Package Designer automated workflow driven by Innovator3D IC that provide customers with an expanding number of design avenues, even as time and design complexity pressures continue to rise,” said AJ Incorvaia, senior vice president, Electronic Board Systems, Siemens Digital Industries Software. “The combination of Siemens’ industry-leading Innovator3D IC driven semiconductor packaging solutions and TSMC’s leading-edge 3DFabricadvanced packaging platforms such as InFO enable our many mutual customers to achieve truly remarkable and industry-disrupting innovations.” Siemens’ automated design workflows for TSMC’s InFO_oS and InFO_PoP technologies are driven by the heterogeneous integration cockpit capabilities of the Innovator3D IC™ solution and includes Xpedition™ Package Designer software, HyperLynx™ DRC, and

Synopsys, Inc. announced the expansion of its industry-leading hardware-assisted verification (HAV) portfolio with new HAPS® prototyping and ZeBu® emulation systems using the latest AMD Versal™ Premium VP1902 adaptive SoC. The next generation HAPS-200 prototyping and ZeBu-200 emulation systems deliver improved runtime performance, better compile time and improved debug productivity. They are built on new Synopsys Emulation and Prototyping (EP-Ready) Hardware that optimizes customer return on investment by enabling emulation and prototyping use cases via reconfiguration and optimized software. ZeBu Server 5 is enhanced to deliver industry-leading scalability beyond 60 billion gates (BG) to address the escalating hardware and software complexity in SoC and multi-die designs. It continues to offer industry-best density to optimize data center space utilization. "With the industry approaching 100s of billions of gates per chip and 100s of millions of lines of software code in SoC and multi-die solutions, verification of advanced designs poses never-before seen challenges," said Ravi Subramanian, chief product management officer, Synopsys.