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Items filtered by date: November 2024 - CIMdata
At SAP Sapphire in 2026, SAP SE introduced the Autonomous Enterprise to help enhance the world’s most critical business workflows, so that humans and AI work together to meet the accelerating demands of global business profitably, strategically and safely. “For the mission-critical processes of our customers, ‘almost right’ just isn’t good enough,” said Christian Klein, CEO of SAP SE. “By uniting SAP Business AI Platform with SAP Autonomous Suite, we anchor AI agents in the business processes, data and governance so they can deliver accurate, compliant and secure outcomes, unlocking new sources of revenue and meaningful cost savings.” The Autonomous Enterprise includes a unified AI platform for building, contextualizing and governing agents, an autonomous suite that executes core business operations and a new user experience that redefines how people work with enterprise software. Introducing SAP Business AI Platform SAP Business AI Platform is a new foundation for building and deploying enterprise AI grounded in real
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SAP Taulia, a leading provider of working capital solutions, has today announced new AI-powered innovations that help finance teams optimize working capital and improve operational agility. Unveiled at SAP Sapphire, the additions include the Working Capital Agent, Intelligent Terms Negotiations and Extended Flow with Payables. Together, these capabilities help organizations identify cash opportunities, improve liquidity and accelerate decision-making across payables, receivables and supply chain finance programs. The Working Capital Agent brings SAP Taulia’s working capital insights and solutions, including Extended Terms Financing, dynamic discounting, virtual cards, AR financing and supply chain finance, into the AI systems corporate finance teams use, starting with SAP Joule. It reads a customer’s working capital position across SAP Taulia, identifies opportunities and executes them in minutes through a conversation. General availability is planned for Q4 2026. Intelligent Terms Negotiations evaluates supplier propensity to take on early payments by combining external and internal data points. It suggests personalized negotiations aligned with cost
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HPE announced new GreenLake innovations across private cloud, storage and data protection that reshape how enterprises modernize infrastructure and accelerate AI data readiness. GreenLake delivers a cohesive approach that enables organizations to modernize virtualized and cloud-native workloads without forcing customers into fragmented, multi-vendor tools or risky migrations.  Enterprises are rapidly modernizing for AI and cloud-native runtimes and this transformation is placing new demands on how environments are managed, protected, and scaled. With these innovations, we’re helping organizations adopt a unified operating model that brings together private cloud, data, and protection, simplifies migration from legacy platforms, strengthens resilience, and delivers superior TCO to operate at scale. Fidelma Russo EVP & GM, Hybrid Cloud & CTO at HPE “Enterprises are rapidly modernizing for AI and cloud-native runtimes and this transformation is placing new demands on how environments are managed, protected, and scaled,” said Fidelma Russo, EVP & GM, Hybrid Cloud & CTO at HPE. “With these innovations, we’re helping organizations adopt a unified operating model that
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Oracle announced that the Oracle Java SE Universal Subscription will help standardize global software development at Samsung Electronics, a world leader in advanced semiconductor technology. With the Oracle Java SE Universal Subscription, Samsung can simplify IT operations and strengthen security by consolidating its global internal application development on Oracle Java. To continue to expand and support its global workforce, Samsung needed to standardize on a single application development platform for its software development projects. With the Java SE Universal Subscription, Samsung can streamline licensing and address compliance risk, simplify IT operations, and enhance security across its mission-critical operations. “Adopting the Java SE Universal Subscription reinforces our commitment to providing our internal engineering teams with a secure, reliable, and standardized development environment,” said Keun-Ho Lee, executive vice president and head of system development, Samsung Electronics. “Through our collaboration with Oracle Java, we’re able to minimize operational risk, streamline license management, and continue our focus
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Aras, a leading provider of digital thread solutions for product lifecycle management (PLM) and engineering AI, announced that Lightium, a Switzerland-based startup specializing in photonic integrated circuits (PICs), has selected Aras Innovator® to establish a connected foundation for managing the complexity of its photonic chip development. Operating in one of today’s most technically demanding domains, Lightium is addressing the growing challenge of data transfer in modern computing environments. Its photonic integrated circuits transmit data using light instead of electrical signals, delivering significant advantages in speed and energy efficiency for data centers. Aras Innovator provides the digital thread to connect data, processes, and disciplines across the organization. “In modern AI data centers, the biggest bottleneck is no longer computing power, but the transmission of data,” said Amir H. Ghadimi, Co-Founder & CEO of Lightium. “This is exactly where we come in: with photonic integrated circuits, we can scale performance beyond today’s technologies while significantly
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Velo3D, Inc., a leader in additive manufacturing ("AM") technology known for transforming aerospace and defense supply chains through world-class metal AM, today announced financial results for its first quarter ended March 31, 2026.  Recent Business Developments Awarded a $9.8 million, five-year Indefinite Delivery Indefinite Quantity (IDIQ) contract supporting the Defense Logistics Agency's (DLA) Joint Additive Manufacturing Acceptability (JAMA) Pilot Parts Program, an initiative aimed at accelerating adoption of additively manufactured components across Department of War sustainment operations. Appointed Jim Suva as Chief Financial Officer. Closed a firm commitment underwritten registered direct offering in April 2026 of 3,571,428 shares of common stock, with gross proceeds of approximately $50 million.  "For the first quarter, we delivered a strong start to 2026 with revenue up 48% year‑over‑year, reflecting recent sales momentum and disciplined execution across our end markets," said Arun Jeldi, CEO of Velo3D. "Importantly, we achieved positive gross margin this quarter, a key inflection point that validates
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Second-quarter orders climbed 18% on a comparable basis, excluding currency translation and portfolio effects, with double-digit increases in most industrial businesses; comparable revenue increased 6%, driven by Smart Infrastructure and Digital Industries On a nominal basis, orders rose 11% to €24.1 billion, and revenue reached the prior-year level of €19.8 billion, despite substantial negative currency translation effects; the book-to-bill ratio was 1.22 Profit Industrial Business was €3.0 billion, with a profit margin of 15.4%; Profit Industrial Business of €3.2 billion in Q2 FY 2025 had benefited from a €0.3 billion gain related to exiting a business at Smart Infrastructure Net income reached €2.2 billion; corresponding basic earnings per share (EPS) were €2.60, and EPS before purchase price allocation accounting (EPS pre PPA) were €2.81 Free cash flow from continuing and discontinued operations rose sharply to €1.7 billion We delivered a successful second quarter despite the geopolitical environment, which remains very demanding. Siemens is benefiting from
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Tech Mahindra, a leading global provider of technology consulting and digital solutions to enterprises across industries, announced a partnership with Cisco, the worldwide leader in networking and security, to launch a joint security solution, Cyber Resilience Fabric. The solution is designed to help enterprises strengthen digital resilience by enabling unified visibility, intelligence-led decision-making, and faster response across increasingly complex threat environments. Cyber Resilience Fabric integrates Cisco’s Splunk Enterprise Security with Tech Mahindra’s proprietary Risk Scoring Platform to bring together real-time security data, AI-assisted analytics, and contextual risk intelligence. The solution is purpose-built for enterprise leaders including CISOs, CIOs, and CTOs who require deeper visibility into cyber risk posture while ensuring governance alignment, regulatory compliance, and uninterrupted operations. By applying contextual risk prioritization across security events, the platform enhances triage accuracy, reduces operational noise, and delivers a consolidated view across security, operational, and risk signals. Saket Singh, SVP & Business Head – Digital
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Tata Consultancy Services, a global leader in IT services, consulting, and business solutions has announced a global strategic partnership with Rezolve Ai, a leading AI-native commerce infrastructure provider. This partnership marks TCS’ entry into the agentic AI commerce market. Along with Rezolve Ai, TCS will help retailers worldwide embed AI into core commerce workflows at enterprise scale. Under the partnership, TCS will enable retail enterprises to leverage Rezolve Ai’s proprietary intelligent commerce platform, brainpowaTM. These specialized agentic solutions will facilitate retailers to create AI-led experiences across conversational commerce, intelligent discovery, and agentic checkout. As part of the collaboration, TCS and Rezolve Ai will jointly enable global retail enterprises to integrate production-grade AI solutions within their core commerce workflows. Daniel M. Wagner, Chief Executive Officer, Rezolve Ai, said, “This partnership is a major commercial milestone for Rezolve Ai. TCS brings extraordinary reach, deep enterprise trust, and global execution capability. Together, we are creating a clear pathway
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Capgemini announced an investment in the OpenAI Deployment Company, reinforcing its strategic partnership with OpenAI and strengthening its position at the center of enterprise AI deployment globally. As organizations move from experimentation to scaled implementation, this investment further enhances Capgemini’s ability to help clients embed frontier AI into core operations, workflows, and business processes with speed, reliability, and measurable impact. The OpenAI Deployment Company is a new entity designed to help organizations build and deploy AI systems they can rely on every day across their most important work. By extending OpenAI’s frontier deployment expertise into complex enterprise environments, it is intended to help accelerate the adoption of production-ready AI solutions where operational resilience, integration, and execution quality are critical. As a leader in AI-powered enterprise transformation and a founding member of the OpenAI Frontier Alliance, Capgemini brings to the new entity, a differentiated combination of consulting, engineering, data, technology, operations, and change management
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