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Items filtered by date: Januar 2025 - CIMdata
MongoDB, Inc., the leading database for modern applications, announced it has acquired Voyage AI, a pioneer in state-of-the-art embedding and reranking models that power next-generation AI applications. Integrating Voyage AI’s technology with MongoDB will enable organizations to easily build trustworthy, AI-powered applications by offering highly accurate and relevant information retrieval deeply integrated with operational data. AI-powered applications can address a broad range of complex use cases that traditional software cannot; however, because AI models are probabilistic, they can hallucinate––when a model generates false or misleading information. Inaccurate or low-quality results can create serious risks––especially in cases where the accuracy of information is critical, such as a hospital performing cancer screenings, a financial firm making autonomous investment decisions, or a law firm offering legal advice. Consequently, the risk of hallucinations has limited the use of AI applications for mission-critical use cases. These hallucinations typically occur when the AI model lacks sufficient understanding
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Logility Supply Chain Solutions, Inc. (“Logility” or the “Company”), a leader in AI-first supply chain planning software, reported its third quarter fiscal year 2025 financial results. Proposed Transaction with Aptean, Inc. (“Aptean”) On January 24, 2025, Logility announced that Aptean, a global provider of mission-critical enterprise software solutions, had entered into a definitive agreement (the “Merger Agreement”) to acquire Logility. Under the terms of the Merger Agreement, Aptean will acquire all of Logility’s outstanding common stock for $14.30 per share in an all-cash transaction. The transaction is expected to close in the second quarter of 2025, subject to customary closing conditions, including approval of the transaction by Logility’s shareholders and receipt of certain regulatory approvals. Additional details and information about the terms and conditions of the Merger Agreement and the transactions contemplated by the Merger Agreement are available in the Current Report on Form 8-K filed with the SEC on January 28,
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Mott MacDonald Bentley (MMB) has signed a new agreement with OpenSpace, the global leader in 360° reality capture, to expand its usage of AI-powered reality capture across the UK. With OpenSpace, MMB can operate more efficiently and with less risk. The reality capture and AI-powered technology stitches images together and pins them to a site plan or BIM model. The result is a full visual record of the construction site to reference at every phase of the project, and to refer back to if any legal, safety, or financial questions arise. MMB delivers full design and construction civil engineering services along with mechanical and electrical expertise on a variety of infrastructure projects, largely in the water sector in England and Wales. After running several pilot projects and thoroughly evaluating different vendors, MMB selected OpenSpace as their official partner for 360° reality capture. The ease of use and the resulting quick adoption of the new
Published in Newsletter Articles
SENEC’s battery storage systems, photovoltaic panels, and wallboxes enable private households to generate and use their own electricity. The company now leverages CIM Database Cloud from CONTACT Software to enhance efficiency in product development. Intelligent energy and storage solutions turn private households into electricity producers that contribute to the transition towards sustainable energy. Photovoltaic panels generate power that is either used in the home, charged into an electric car via a wallbox, or temporarily stored in a battery. The energy solution specialist SENEC from Leipzig, Germany, supports its customers with a seamless ecosystem of hardware and software. Now, the company aims to optimize its product development with CIM Database Cloud Enterprise from CONTACT Software. In the long run, the “Platform as a Service” (PaaS) solution is set to become the central data hub for the entire company. To prepare for the company’s expected growth, SENEC is putting its product development on a new footing.
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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 launch of its Photorealistic XR Avatars—a revolutionary advancement in how learners, educators, and professionals engage in immersive experiences. This cutting-edge technology combines lifelike 3D modeling, advanced AI, and real-time interactive capabilities, creating hyper-realistic avatars that transform the way people interact, learn, and collaborate in virtual spaces. A New Era of Immersive LearningThe Photorealistic XR Avatars from EON Reality redefine what is possible in AR/VR training and educational simulations. These avatars accurately mimic human features, gestures, and expressions, creating a digital persona that feels genuinely alive. Whether used in a video conference-style setting or as part of a fully immersive 3D environment, these avatars offer unprecedented levels of realism in virtual and augmented experiences. Key Features Include: Unmatched Lifelike Detail: Through the use of XR technology and advanced AI, these avatars exhibit remarkable detail
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EON Reality, the world leader in AI-assisted Virtual Reality and Augmented Reality-based knowledge transfer for industry and education, is excited to announce the launch of its cutting-edge Mood & Room Interpretation App, an AI-powered solution designed to enhance emotional intelligence and role-play training through real-time analysis of a user’s surroundings and mood. By combining Sherlock Holmes-inspired observation with Freudian psychological analysis, the app empowers users to gain insights into the emotional and environmental context of a space. Whether for training, therapy, or personal development, the app represents a major leap forward in human-centered AI applications. Why This Innovation Is Important Understanding emotions and reading environmental cues is crucial for improving communication, empathy, and decision-making in various fields. Traditionally, emotional intelligence has been a challenging skill to develop, especially without external feedback or training environments. The Mood & Room Interpretation App leverages AI to provide real-time feedback and guidance, offering users a unique tool to sharpen their emotional awareness and interpret subtle social signals. Whether used in corporate training, role-playing
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MasterControl, a leading provider of quality management and next-generation manufacturing execution software for life sciences, announced general availability release of its AI-powered Document Summarizer. The new offering empowers quality teams to streamline and strengthen their documentation processes, helping organizations maintain regulatory compliance and save hours of work while upholding the highest quality standards. Life sciences organizations are required to keep extensive libraries of highly technical documents like standard operating procedures (SOPs), work instructions, and more. Quality Managers must generate summaries and descriptions for all these documents to concisely and accurately indicate each document's content, note any changes between versions, and make it easy to search for and locate documents in the system. From there, each document must be translated into global employees' native languages to ensure consistency and understanding of critical procedural information. Employees should also be tested on their comprehension of the content to ensure compliance with training exams. Having assistive
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OpenText announced OpenText™ Core Threat Detection and Response, a new AI-powered cybersecurity solution for threat detection to be generally available with Cloud Editions 25.2. OpenText has greatly expanded its Cybersecurity portfolio in recent years, and its next generation of innovation is centered on enabling enterprises with world-class threat hunting, detection and response capabilities. Protecting against threats both inside and outside an organization, OpenText is dedicated to helping organizations gain the strongest defense postures possible, in a machine-to-machine attack world. OpenText Core Threat Detection and Response will be available on Microsoft Azure. The solution is deeply integrated with Microsoft Defender for Endpoint, Microsoft Entra ID, and Microsoft Security Copilot to empower organizations to stop attacks quickly and efficiently before damage occurs. Furthermore, OpenText has a threat integration studio that allows customers to integrate and ingest telemetry from other network solutions, applications, security tools, and enterprise technologies into OpenText Core Threat Detection and
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PlanHub, the leading cloud-based platform for commercial construction professionals, has launched PlanHub 2.0—a fully integrated preconstruction solution designed to help contractors network, win more projects and accelerate business growth. By combining every aspect of preconstruction into a seamless, all-in-one platform, PlanHub 2.0 empowers users to save time, strengthen industry relationships, and efficiently manage project details from bidding to completion. With PlanHub 2.0, users can discover new projects, connect with over 50,000 general contractors, track every interaction, set reminders, and manage bids effortlessly. The upgraded platform introduces a powerful suite of new and enhanced features designed to help construction professionals expand their networks, optimize workflows, and drive more revenue—all in one place. “PlanHub 2.0 is not just a product launch—it’s a major step forward in simplifying preconstruction and delivering value to our customers like never before,” said Ro Bhatia, PlanHub CEO. “2025 will be the year of construction tech-stack consolidation. Contractors are done settling for disconnected
Published in Newsletter Articles
America’s biggest social marketplace for contractor tradespeople will offer new tools to nearly 400,000 users after acquiring WRANGLD, a SaaS company designed to streamline commerce between distributors, contractors and owner/end-users. This partnership puts the utility of the WRANGLD platform into the pockets and desktops of the working user on Trade Hounds. For more than three years, WRANGLD has saved contractors valuable time with its estimation and proposal tools, allowing them to focus more on what really matters. JD Dyke was a co-founder and CEO of WRANGLD. He is looking forward to incorporating some of WRANGLD’s most popular tools into the Trade Hounds app. “When we look at the road map of Trade Hounds and WRANGLD coming together and the tools that we can provide together to help contractors, it is very exciting to know this is where the future is going and how this is going to help the industry,” he said. A recent
Published in Newsletter Articles
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