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Items filtered by date: November 2024 - CIMdata
L&T Technology Services, announced the launch of PLxAI, the Company’s proprietary GenAI-based framework to accelerate the Product Development Life Cycle for its global clients across Mobility, Sustainability, and Tech. Developed by vastly experienced PDLC SMEs, the framework uses a combination of Generative AI & Conventional AI to provide a one-stop shop to develop scalable and reusable solutions across all PDLC stages, ranging from concept design to aftermarket services support. It incorporates advanced features like capturing and leveraging existing knowledge, including organizational and tribal knowledge, to deliver context-aware insights that enhance and optimize product engineering. PLxAI integrates smart prompting and contextual intelligence, enhancing product engineering from concept and design to validation and aftermarket support. To date, the LTTS team has already deployed over 36 use cases across various life cycle stages (in various stages of deployment), and an additional 35 use cases are in design phase across: Concept Design: Innovation assistant for competitive benchmarking and technology scouting Component Design: Design assistant for generating specifications, diagrams, and calculations, Validation
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3D Systems announced that Jeffrey D. Creech is stepping down as the company’s Chief Financial Officer, effective August 29, 2025, to accept a new career opportunity. Phyllis Nordstrom, 3D Systems’ Executive Vice President, Chief Administrative Officer, has been appointed Interim CFO, effective August 29, 2025. “I want to thank Jeff for his dedication and leadership as we have executed on key strategic initiatives such as our manufacturing insourcing and cost improvement plans that are driving improvements in operating performance,” said Dr. Jeffrey Graves, president and CEO of 3D Systems. “I wish Jeff continued success as he moves to this next chapter in his career. I am very pleased that Phyllis will assume this role. She is a proven leader with a highly successful track record at 3D Systems in driving organizational alignment, cross-business process improvements, and strengthening of our risk management and control environment. These capabilities, combined with her strong financial
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ALICE Technologies, the world's leading AI-powered construction optimization platform, announced a strategic partnership with Alvarez & Marsal (A&M), a global professional services firm renowned for its expertise in business transformation and performance improvement. This collaboration, taking place with the company's infrastructure unit A&M Infra, aims to bring advanced construction planning solutions to industrial and infrastructure projects across South America, with an initial focus on Brazil. The partnership integrates ALICE’s generative scheduling technology with A&M’s capital construction advisory expertise to help project stakeholders reduce risk, accelerate delivery, and recover from costly delays by building anti-fragile schedules. The combined offering is designed to support the full project lifecycle, from early feasibility planning, bid preparation through execution, delivery and schedule recovery. As infrastructure investment accelerates across the region, construction leaders are under increasing pressure to deliver capital projects reliably and with less exposure to cost and schedule overruns. ALICE helps project stakeholders make more informed
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HPE announced plans to expand its partner ecosystem in China, strengthening its commitment to delivering essential technology solutions and services to customers in one of the world’s most dynamic markets. A decade after it formally split from HP Inc (NYSE: HPQ) in 2015, HPE celebrates its ten-year anniversary this year with a refreshed global brand identity that reflects HPE’s evolution and advances in artificial intelligence (AI), cloud and networking. The expanded partner network will benefit from HPE’s success, empowering more Chinese customers to maximize their impact by optimizing operational performance and transforming data into foresight. Following the success of HPE’s longstanding partnership with H3C, HPE will extend its go-to-market strategy by collaborating with additional distributors and resellers to drive growth and better serve the evolving needs of Chinese businesses. This expanded partner strategy reflects the company’s dedication to empowering organizations in China with transformative technologies spanning hybrid cloud, networking and AI. The wider partner
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The Nemetschek Group, a global leader in software solutions for the Architecture, Engineering, Construction, and Operations (AEC/O) industry, has entered a strategic partnership with buildingSMART Saudi Arabia, the Kingdom’s chapter of buildingSMART International – the global authority spearheading digital transformation in the built asset environment. This collaboration is intended to fast-track the adoption of open Building Information Modeling (openBIM) and international digital standards within Saudi Arabia’s construction and infrastructure sectors. The initiative aligns closely with the Kingdom’s Vision 2030, supporting national goals around innovation, sustainability, and economic diversification. Under this agreement, both organizations plan to work together to facilitate the implementation of openBIM and digital standards in the AEC/O sector and to identify pilot projects for applying Nemetschek’s solutions to enhance project efficiency, safety, and cost control. Furthermore, the collaboration sets forth plans to co-develop and deliver professional certification programs, specialized training workshops, and advanced BIM implementation courses specifically designed for the Saudi market. The partnership
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Syncron, a global leader in cloud-based after-sales service solutions, announced the appointment of Risa Sparks as Chief Financial Officer. Sparks succeeds Daniel Rosenthal, who has been instrumental in strengthening Syncron’s financial strategy and operations. Risa Sparks brings nearly 25 years of financial and operational leadership across technology, energy, and manufacturing. Prior to joining Syncron, she served as CFO at ETQ, a Hexagon company specializing in enterprise quality and compliance software. Previously, she held senior finance roles at Everbridge and edX, leading strategic initiatives and overseeing global finance operations. Earlier in her career, she spent over a decade at Chevron in various international finance and treasury roles and began her career at Intel as an engineer. “We are thrilled to welcome Risa to the team and look forward to working with her as we continue to expand Syncron globally,” said Josh Weiss, Chief Executive Officer at Syncron. “Risa’s experience in leadership roles within leading
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Tata Consultancy Services (TCS) a global leader in IT services, consulting, and business solutions, has opened a new AI-driven operations center in Mexico City, reiterating the company’s commitment to continue accelerating innovation in Mexico and Latin America. The new office in Mexico City is TCS’ eighth operations center in Mexico where the company has built a workforce of over 11,000 highly skilled associates over the last 22 years. Establishing this new office is a key component of TCS' growth strategy in Latin America and is expected to generate employment opportunities within the country over the next two years. The facility will be staffed with AI specialists, and software engineers with expertise in emerging enterprise technologies. TCS' new office in Mexico City is designed to be an engine of innovation that seeks to collaborate with local and international clients, offering a variety of solutions from its portfolio, including AI, cloud, cybersecurity, IoT, IT
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CGI, one of the largest independent IT and business consulting services firms in the world, and retail services company Kesko have signed an agreement for a strategic partnership to accelerate digital transformation. The partnership covers a wide range of IT services, including end-user services, capacity and cloud services, as well as integrations. In addition, CGI will support the K Group retail network in digital development initiatives. “K Group’s goal is to be a forerunner in digital services within the retail sector. In the competitive bidding process, our aim was to find a partner with the best capability to support our business growth and development by leveraging the newest technologies efficiently. The development of automation and AI-based solutions plays a significant role in renewing our business and improving productivity. CGI’s strong international expertise combined with local presence convinced us of the company’s ability to support us in achieving our objectives,” says Arto
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Danfoss, a Danish multi-national company, has selected Modelon Impact for simulation experts to easier collaborate with sales engineers and help their customers reduce carbon footprints and optimize energy consumption. Danfoss’s Systems and Technology team develops simulation models for refrigeration systems such as small residential heat pumps to larger district energy networks or even chillers for data center cooling. Danfoss selected Modelon Impact as their preferred simulation platform to better connect their simulation team with sales engineers. With Modelon Impact, they seamlessly integrated TIL Suite, provided by TLK Energy, with their own in-house Modelica-based libraries to more accurately model the two-phase operation of refrigerant media. The cloud-based platform also enabled them to import TIL Suite based internal refrigeration models developed over the past decade – preserving years of work. The solution will empower sales and application engineering teams to confidently use simulation results and shorten sales cycles, unlock upselling opportunities, and reduce
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Centric Software® is pleased to announce that Likoufu of Guangzhou Restaurant Group has officially kicked off Phase II of its Product Lifecycle Management (PLM) project. Centric Software provides the most innovative enterprise solutions to design, develop, formulate, source, comply, buy, make, package, market and sell consumer goods products in food & beverage, grocery and multi-category retail to achieve strategic and operational digital transformation goals. Likoufu Food Co., Ltd. is a large-scale modern food production enterprise under Guangzhou Restaurant Group. Established in 1938, Likoufu manufactures a wide variety of foods including its award-winning Mid-Autumn mooncakes, frozen dim sum, pastries and bread, ready-to-eat meals and snack foods. Going from a single factory to a large modern enterprise with four wholly owned subsidiaries, one controlling subsidiary and five equity-participated companies. Likoufu sells online and to supermarkets, distributors, chain stores and e-commerce platforms. Its products are highly popular and well-regarded both locally and globally. In September 2021,
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