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Items filtered by date: November 2024 - CIMdata
HCLTech, a leading global technology company, has been recognized as an SAP AppHaus Alliances Partner. This recognition enables HCLTech to co-innovate, drive business transformation and accelerate AI-powered business outcomes. HCLTech plans to introduce various Joule Agents from SAP to help enterprises automate processes, improve efficiency and make smarter decisions. HCLTech is also a member of the ‘Next Level program’ for SAP BTP and SAP Business AI, which reinforces its capability in implementing SAP-driven digital transformation projects. HCLTech's AI and Cloud Native Lab for SAP Business AI in Munich plays a pivotal role in this partnership. It enables enterprises to leverage SAP’s AI capabilities for faster adoption of cloud-native, AI-powered solutions. This lab provides access to the Business AI toolkit and human-centered methodologies in SAP AppHaus and structured design-thinking workshops, facilitating long-term scalability and digital evolution. "HCLTech's expertise in next-generation business technology platforms and our AI offerings - AI Force and AI Foundry, complement SAP's capabilities, while our industry-specific solutions support SAP's cloud strategy.
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Infosys and Hewlett Packard Enterprise (HPE) have inaugurated a joint Customer Innovation Center at Infosys’ premises in Düsseldorf, Germany. The center will serve as a hub for enterprises to explore and implement AI-driven solutions across networking, hybrid cloud, and cybersecurity. Housed within the Infosys Living Labs in Düsseldorf, part of Infosys’ global network of 12 Living Labs established to help create innovative solutions for clients by contextualizing emerging technologies, the center will leverage the Living Labs’ proven role within the European innovation ecosystem. Showcasing live demonstrations of HPE Aruba Networking’s AI-powered capabilities, the center will also bring to life its real-world applications, such as electronic shelf labels, asset tracking, and sensor integration across various sectors including manufacturing, retail, and healthcare. Moreover, the center serves as a platform for collaborative innovation, enabling clients to accelerate their digital transformation through the Infosys Cobalt cloud offerings in hybrid cloud, networking, and AI. This environment fosters strategic customer engagements, unlocks new business opportunities,
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Keysight Technologies, Inc. announced two executive leadership appointments that underscore the company’s legacy of developing strong leaders with a focus on innovation, talent development, and operational excellence. Ingrid Estrada, Senior Vice President, Chief People and Administrative Officer, has been named Senior Vice President of Corporate Infrastructure and Operations. In this role, she will lead Order Fulfillment, IT, Indirect Procurement, and Corporate Services. Jodi Juskie, Assistant General Counsel, has been appointed Senior Vice President and Chief People Officer, succeeding Ingrid Estrada in leading Keysight’s global talent strategy and human resources functions. Gooi Soon Chai, Senior Vice President of Order Fulfillment and Digital Operations is to retire after more than 40 years with the company. These changes follow the planned retirement of Gooi Soon Chai, who will remain engaged with the company for the next 6 months to ensure a smooth transition. Satish Dhanasekaran, Keysight’s President and Chief Executive Officer, said: “I’m thrilled to congratulate Ingrid and Jodi
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ModuleWorks, a global leader in toolpath generation, simulation and automation software, today announced a financial investment in Toolpath Labs, a company leveraging AI to optimize the machining business. The investment is part of a round of strategic investment in Toolpath Labs led by Kennametal Inc. and also joined by Leaders Fund. The investment from ModuleWorks builds on the technology partnership announced between ModuleWorks and Toolpath Labs in September 2024. The funding from this latest round is intended to further accelerate the development and deployment of powerful, AI-driven user-centric solutions for the manufacturing industry. The collaboration between ModuleWorks and Toolpath Labs aims to deliver automation, intelligent estimation and streamlined workflows to machine shop managers, estimators, planners and CNC programmers, enabling them to work more efficiently and make smarter decisions. “Deepening our partnership with Toolpath reflects our shared commitment to accelerating innovation in AI-driven manufacturing software,” said Dr. Yavuz Murtezaoglu, Founder and Managing Director
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Autodesk, Inc. announced its executives will be speaking at the following investor conference: June 4, 2025 Baird 2025 Global Consumer, Technology & Services Conference A live webcast and replay of the presentations will be available through Autodesk’s Investor Relations Website at investors.autodesk.com. Please go to the website 15 minutes early to register, download and install any necessary software. More information will be available on investors.autodesk.com. To view the original press release, please click here. Search for Autodesk on CIMdata.com
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From June 16 to 20, together with Sopra Steria, we will be present at the 55th International Paris Air Show (Le Bourget) to showcase our expertise in aerospace and defence. ???? Join us at Chalet 188 to discover how we support the aerospace industry in addressing rising operational and technological challenges. Our proven, business-oriented solutions are designed to help restore sovereignty over data, processes and critical systems. On display:  ???? Engineering  ???? Manufacturing & Supply Chain  ???? Customer Services  ???? Maintenance Information Systems  ???? Air Traffic Management  ???? Corporate Services  ???? Sustainability We aim to accelerate execution, improve coordination, and deliver autonomy at scale—aligned with Europe’s strategic imperatives. Come and meet our teams, explore our demos, and let’s shape the future of aeronautics together. To view the original press release, please click here. Search for CIMPA on CIMdata.com
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Autodesk, Inc. reported financial results for the first quarter of fiscal 2026, ended April 30, 2025. "Against an uncertain geopolitical, macroeconomic, and policy backdrop, our strong performance in the first quarter of fiscal 26 set us up well for the year," said Andrew Anagnost, Autodesk president and CEO. "We continue to make the right decisions to drive long-term shareholder value by focusing on our strategic priorities in cloud, platform, and AI; optimizing our sales and marketing to drive higher margins; and allocating more capital to share repurchases as our free cash flow grows." "Q1 was another strong quarter. We have not seen changes in overall business momentum when compared to recent quarters," said Janesh Moorjani, Autodesk CFO. "Our guidance for Q2 and the rest of the year now includes currency movements since February partly offset by additional caution in our growth assumptions to reflect greater macro economic uncertainty." First Quarter Fiscal 2026  (In millions,
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Altair, a global leader in computational intelligence, has signed a strategic memorandum of understanding (MOU) with the Engine Research Institute at HD Hyundai Heavy Industries to enhance the performance of eco-friendly marine engines and power AI-driven development initiatives. “This collaboration goes beyond technology development—it is a strategic partnership to shape the future of marine engine development,” said Pietro Cervellera, senior vice president of aerospace and defense, Altair. “By combining Altair’s global technological capabilities with HD Hyundai Heavy Industries’ expertise in eco-friendly marine engines, we aim to set a new standard for sustainable engine and machinery business.” Altair was recently acquired by Siemens, a global leader in industrial software, to extend its leadership in simulation and industrial artificial intelligence. Altair technology is being integrated with the Siemens Xcelerator portfolio. Sungchan An, Ph.D., vice president and head of the Engine Research Institute, HD Hyundai Heavy Industries, stated, “HD Hyundai Heavy Industries and Altair have continuously collaborated on
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Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, and Bank of Sydney (BoS), announced the bank’s decision to select the Infosys Finacle Digital Banking Suite to power its transformation. Through this strategic collaboration, Bank of Sydney aims to deliver a best-in-class staff and customer experience, reduce cost and complexity through automation and digitization, and position itself strongly for future growth. BoS will access the Finacle solutions suite in Software-as-a-Services (SaaS) mode through AWS cloud, including the Finacle Core Banking Solution, Finacle Digital Engagement Hub, Finacle Online Banking, Finacle Mobile Banking, and Finacle Digital Onboarding solutions. Among other benefits, the next-gen Infosys Finacle Digital Banking Suite will also enable BoS to: Accelerate transformation with the Finacle Reference Bank – a preconfigured solution with Australia-ready products and processes. Enhance digital experience by delivering superior omni-channel self-service capabilities through mobile and online banking. Simplify the bank’s IT landscape by retiring multiple applications, reducing technical debt and creating a more agile IT environment. Innovate at scale leveraging configuration-driven product
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EON Reality, the global leader in augmented and virtual reality-based knowledge transfer for industry and education, announced a strategic initiative designed to support Bulgaria’s defense transformation, accelerate its integration with Western military standards, and bolster its role within NATO. This initiative introduces the specialized “AI Academy for Defence – Bulgarian NATO Integration Track,” leveraging EON Reality’s revolutionary Spatial AI technology. EON Reality is building partnerships with the Bulgarian Ministry of Defence, the Bulgarian Armed Forces training commands, key academic institutions like the Rakovski National Defence College, and the national defense industry to deploy a transformative XR and AI training ecosystem. This program aims to rapidly equip Bulgarian military personnel with the advanced, AI-era skills needed to operate and maintain new platforms like the F-16 Block 70 and other Western systems, facilitating a crucial shift from legacy Soviet-era equipment. The Why: Bridging the Skills Gap for Bulgaria’s Transition to Western Systems and NATO Standards Bulgaria is undertaking a significant defense modernization effort, increasing spending towards
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