CIMdata Blog

Stratasys Ltd. announced that it received its first-ever EcoVadis certification, achieving a Silver sustainability rating, placing in the 90th percentile joining the top 10% of all companies assessed globally. This milestone displays the company’s dedication to responsible business practices that create a positive impact on the environment, society, and all stakeholders. “Our Stratasys strategy couples profitability with sustainability, leveraging the unique capabilities of Additive Manufacturing to positively impact business and manufacturers around the world,” said Dr. Yoav Zeif, Director and Chief Executive Officer of Stratasys. “The EcoVadis achievement validates our promise to support our customers in achieving their strategic sustainability goals.” A Silver EcoVadis rating confirms Stratasys’ leadership as vendor of choice for customers looking to advance sustainable Additive Manufacturing, at scale. With a Sustainability-strategy, coined “Mindful Manufacturing™,” Stratasys is at the forefront of driving the industry towards more responsible operations that align with global environmental and sustainable business development goals. "This EcoVadis Silver sustainability

Matterport, Inc. (“Matterport” or the “Company”), the leading spatial data company driving the digital transformation of the built world, announced financial results for the quarter and year ended December 31, 2024.  “I’m pleased to share our fourth quarter and full year 2024 results, highlighting our continued success driving efficient growth while doubling down on innovation. Total square feet digitized and managed reached a significant company milestone of 50.7 billion, up 33% year-over-year, with annual recurring revenue continuing to grow to a record $104.2 million,” said RJ Pittman, Chairman and CEO of Matterport. “Matterport’s 2025 Winter Release redefines what’s possible for digital twins and real estate marketing, introducing advanced automation and AI-driven capabilities that streamline property workflows and elevate listings. With the launch of Matterport Marketing Cloud, agents now have an all-in-one platform that simplifies every step of the property marketing process. Customers are raving about our one-click defurnish tool, now available to

Synopsys, Inc. reported results for its first quarter of fiscal year 2025. Revenue for the first quarter of fiscal year 2025 was $1.455 billion, compared to $1.511 billion for the first quarter of fiscal year 2024. "In Q1, Synopsys' relentless focus on execution and innovation was evident across the business. We launched industry-leading silicon IP and hardware-assisted verification solutions while expanding generative AI capabilities in EDA," said Sassine Ghazi, president and CEO of Synopsys. "We are continuing to see strong design activity at advanced nodes, fueled by the AI-driven reinvention of compute. As the pace and complexity of technology innovation increases, new silicon-to-systems design paradigms are essential, and Synopsys is well-positioned to deliver." "We delivered a solid start to the year, with non-GAAP earnings above guidance, and revenue in the upper end of our guided range," said Shelagh Glaser, CFO of Synopsys. "These results are a product of our resilient business model, strong operational execution, and leading technology

Aurigo Software, the leading provider of capital planning and construction management software for infrastructure and private owners, announced it has entered into a multiyear contract with the City of Philadelphia, Pennsylvania. Aurigo’s flagship product suite, Masterworks, will help the agency manage all aspects of project delivery, including financial management, construction planning, and program performance tracking. Philadelphia is the sixth-most inhabited city in the United States, with an estimated population of 1.55 million as of 2024. It features a mix of historic neighborhoods, modern skyscrapers, and expansive green spaces, including Fairmount Park, one of the largest urban park systems in the country. Leading all major infrastructure projects, the Department of Streets ensures the efficient operation of 320 bridges and 2,525 miles of streets and highways. “We are thrilled to partner with the City of Philadelphia in its mission to build a safer, cleaner, and greener city,” said Balaji Sreenivasan, CEO and founder of

Coreform LLC, a leader in commercial isogeometric analysis (IGA) software, has been awarded a Small Business Innovation Research (SBIR) grant from the U.S. Department of Energy (DOE) to develop advanced contact algorithms for its next-generation simulation software, Coreform Flex. This project will enhance Coreform’s ability to model complex mechanical interactions in industries such as automotive, aerospace, and defense. “Contact modeling is one of the most challenging aspects of finite element analysis, especially for high-precision industries where simulation accuracy directly impacts performance and safety,” said Dr. Michael A. Scott, CEO of Coreform. “By leveraging our isogeometric analysis and DOE-funded technologies such as MFEM and the Tribol contact library, we aim to provide more robust and efficient contact simulation methods.” Traditional finite element analysis (FEA) software suffers from fundamental mathematical mismatches between computer-aided design (CAD) and simulation models. Coreform Flex avoids those mismatches and through direct import and analysis of the 3D CAD representation,

DXC Technology, a leading Fortune 500 global technology services provider, has signed an agreement with Skanska AB, a multinational construction and project development leader, to modernize Skanska's IT infrastructure. The partnership will help drive greater operational efficiency across Skanska's business in Europe and the United States. As part of the agreement, services and employees currently managing Skanska's global IT infrastructure operations will be transferred to DXC Technology. The construction and project development industry is undergoing significant digital transformation, with companies prioritizing sustainability, process optimization and cost efficiency. Skanska, known for its landmark projects such as London's 30 St Mary Axe (The Gherkin), the Øresund Bridge between Denmark and Sweden, and the LaGuardia Airport Terminal B Redevelopment, has turned to DXC to support the next chapter in its digital transformation journey. "By partnering with DXC and outsourcing our IT infrastructure, we will meet new demands for modern and flexible IT infrastructure services," said Anders

Tecsys Inc., a global leader in supply chain management software, announced that Kirby Risk, an electrical supply, manufacturing and logistics organization with over 40 locations across the Midwest and Southeast, has selected Tecsys’ warehouse management system, Elite™ WMS for Electrical Distribution, to modernize fulfillment operations. By implementing Tecsys’ purpose-built WMS integrated to their legacy Eclipse ERP, Kirby Risk is enhancing warehouse efficiency, increasing inventory accuracy, and maintaining its highest of standards in customer service. With a deep history in electrical distribution, Kirby Risk provides electrical supplies, automation solutions and technical expertise to a wide range of industrial, commercial and contractor customers. The company’s distribution network supports critical supply chain functions, ensuring that customers have access to the right products when and where they need them. By leveraging Tecsys’ Elite™ WMS, Kirby Risk will streamline warehouse processes and improve order fulfillment, driving greater operational efficiency. “At Kirby Risk, we are committed to providing reliable

HCLTech, a leading global technology company, announced a strategic agreement with Children’s Minnesota, a renowned non-profit and one of the largest pediatric health systems in the US, to improve operational efficiency, streamline service delivery and enhance patient care through AI. HCLTech will leverage its HCLTech AI Force platform to optimize Children’s Minnesota’s operational systems with a reliable and scalable digital solution. HCLTech’s full-stack AI platform will streamline operations, reduce manual tasks and enable data-driven decision-making, enhancing healthcare delivery and patient care. "As we aim to continue to provide best-in-class care to our patients and community, we are confident that HCLTech is the right partner to ensure our innovative operations will enable us to stay true to our core mission of championing the health needs of children and their families," said Dave Lundal, Senior Vice President and Chief Information Officer at Children’s Minnesota. “The combination of HCLTech’s expertise in seamless, digital transformations and our dedicated technology

Bentley Systems, Incorporated, the infrastructure engineering software company, announced results for the quarter ended December 31, 2024 and its financial outlook for 2025. Fourth Quarter 2024 Results Total revenues were $349.8 million, up 12.6% or 13.2% on a constant currency basis, year-over-year; Subscriptions revenues were $315.6 million, up 15.8% or 16.4% on a constant currency basis, year-over-year; Annualized Recurring Revenues (“ARR”) were $1,283.3 million as of December 31, 2024, compared to $1,174.8 million as of December 31, 2023, representing a constant currency ARR growth rate of 12%; Last twelve-month recurring revenues dollar-based net retention rate was 110%, compared to 109% for the same period last year; Operating income margin was 17.6%, compared to 12.2% for the same period last year; Adjusted operating income inclusive of stock-based compensation expense (“Adjusted OI w/SBC”) margin was 21.5%, compared to 24.0% for the same period last year; Net income per diluted share was $0.16, compared to $0.54 for the same period last year; Adjusted net income per diluted share (“Adjusted EPS”) was $0.21, compared to $0.20 for the same period last

Keysight Technologies, Inc. reported financial results for the first fiscal quarter ended January 31, 2025. “Keysight delivered strong first quarter results, reflecting year-over-year growth in revenues and orders. The demand environment remains consistent with our view of a gradual recovery in 2025,” said Satish Dhanasekaran, Keysight’s President and CEO. “The world’s most technologically advanced companies trust Keysight to deliver critical enabling technologies across a broad spectrum of next generation use cases and we are well-positioned to create long-term value for our stakeholders. ” First Quarter Financial Summary Revenue was $1.30 billion, compared with $1.26 billion in the first quarter of 2024. GAAP net income was $169 million, or $0.97 per share, compared with $172 million, or $0.98 per share, in the first quarter of 2024. Non-GAAP net income was $317 million, or $1.82 per share, compared with $286 million, or $1.63 per share in the first quarter of 2024. Cash flow from operations was $378 million, compared