Cimdata Logo

CIMdata Blog

Items filtered by date: November 2024 - CIMdata
Xometry, Inc., the global AI-powered marketplace digitizing manufacturing and driving greater supply chain resiliency, announced financial results for the first quarter ended March 31, 2025. “Our AI powered marketplace continues to gain significant share, deliver record revenue and strong enterprise growth,” said Randy Altschuler, Xometry’s CEO. “Customers are increasingly turning to Xometry to procure manufacturing as our marketplace was purpose-built to provide sourcing options domestically and in 50 countries across the world.” “In Q1, we delivered strong marketplace revenue growth and positive Adjusted EBITDA,” said James Miln, Xometry’s CFO. “As our marketplace continues to grow, it drives increasing operating leverage demonstrated by our $7.5 million year-over-year improvement in Adjusted EBITDA.” First Quarter 2025 Financial Highlights Marketplace revenue for the first quarter of 2025 was $136 million, an increase of 27% year-over-year. Marketplace Active Buyers increased 22% from 58,504 as of March 31, 2024 to 71,454 as of March 31, 2025. Marketplace Accounts with Last Twelve-Months Spend
Published in Newsletter Articles
Centric Software® is pleased to announce that BEARPAW has selected Centric PLM™ to drive efficiency and streamline operations. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such as fashion, luxury, footwear, outdoor, home and related goods like cosmetics & personal care as well as multi-category retail to achieve strategic and operational digital transformation goals. Headquartered in California, BEARPAW leads the market with fashionable, yet comfortable footwear. Known for carving out a unique niche in the footwear landscape, BEARPAW operates primarily as a wholesale business while also offering products through e-commerce platforms, dropship partnerships and its own website, BEARPAW.com. The brand’s reach spans 46 countries globally, bringing the comfort and style of BEARPAW boots and shoes to millions. After years of managing product data through complex manual processes and Excel, BEARPAW recognized the need to adopt a robust PLM solution to
Published in Newsletter Articles
The San Diego County Regional Airport Authority has selected Woolpert to implement the Trimble Unity Maintain™ enterprise asset management system for San Diego International Airport (SAN). Under the contract, Woolpert will provide implementation, configuration, training, maintenance, and technical support services. The system will use the airport's existing GIS data to improve operational efficiency and asset performance, and support Part 139 Inspection Reporting and Safety Management System best practices. "We will be significantly streamlining San Diego International Airport's asset information management by utilizing their existing GIS system to seed Trimble Unity Maintain with the necessary information to support operations and maintenance," Woolpert Program Director of Technology Services Scott Yates said. "Our approach will align the project delivery with the San Diego International Airport's enterprise vision for establishing a centralized, integrated and efficient computerized maintenance management system, while ensuring that the building blocks for success—optimized GIS, reduction of systems overlap, simple yet powerful workflows and staff training—are in place." Yates
Published in Newsletter Articles
 PDF Key Takeaways Applying AI techniques to requirements’ engineering and management throughout product development and use enables OEMs to enhance knowledge application and establish end-to-end traceability that speeds product development and upgrades. Modern virtual engineering ecosystems need integrated application lifecycle management (ALM) and PLM environments enabling AI to improve visibility of regulations and safety standards and ensure regulatory compliance throughout the complete product lifecycle. PTC’s enterprise ALM solution portfolio (Codebeamer, Pure Variants, Modeler, and RV&S) powers model-based systems engineering, requirements management, product line engineering, variant management, test management, and engineering workflows. PTC’s ALM solutions are integrated with their PLM system (Windchill) to help shorten time to market while improving product quality and regulatory compliance. Introduction CIMdata’s definition of Product Lifecycle Management (PLM) addresses the complete lifecycle of a product including related data and processes—from idea inception to requirements definition, to planning and development, to supply chain management, and then mass production and in-service performance and product upgrades.
Published in Commentaries
Graitec, a global software developer and Autodesk Platinum Partner providing digital innovation to the Architecture, Engineering, and Construction (AEC) industry across North America and Europe, is pleased to announce the strategic acquisition of Microsol Resources, a leading Autodesk Gold Partner specialized in Building Information Modeling (BIM). This acquisition reinforces Graitec’s commitment to expanding its expertise and service offerings in the AEC sector, while significantly enhancing its local presence and capabilities. By integrating Microsol Resources’ strong BIM expertise and client-centric approach, Graitec continues to cement its position as a leading technology partner for AEC professionals in the United States and Europe. The combined expertise of Graitec and Microsol Resources will unlock new opportunities for customers by offering an expanded portfolio of software, industry-specific consulting services, and technical support and training. Clients will now benefit from access to Graitec’s proprietary software solutions, including Ideate, which streamlines Revit workflows, and Strucsoft, a leading BIM-based
Published in Newsletter Articles
Infosys, a global leader in next-generation digital services and consulting, announced that it has completed the acquisition of The Missing Link, an award winning Australian cybersecurity services specialist firm with capabilities across the full stack of cyber solutions. This follows the announcement the company made on April 17, 2025. This strategic investment further strengthens Infosys’ cybersecurity capabilities, while bolstering its presence in the fast-growing Australian market, and reaffirms its continued commitment to global clients to navigate their digital transformation journey. Technology led transformation and securing the enterprise are amongst the highest priorities for global corporations. Together with The Missing Link, and Infosys Cobalt, Infosys aims to usher in the new wave of differentiated value to customers, with specialized end-to-end cybersecurity offerings and solutions. Headquartered in Australia, The Missing Link brings to Infosys, a group of highly skilled cybersecurity professionals consisting of Red Team, Blue Team, and a state-of-the-art Global Security Operations Centre (GSOC) adding to the
Published in Newsletter Articles
Infosys, a global leader in next-generation digital services and consulting, announced that it has completed the acquisition of MRE Consulting Ltd. (‘MRE Consulting’), a technology and business consulting service provider. This follows the announcement the company made on April 17, 2025. This strategic investment brings newer capabilities for Infosys in trading and risk management, especially in the energy sector. The world is now shifting towards a more sustainable future. With increasing complexity in integrating diverse sources of energy including renewables, global corporations require innovative solutions to navigate transformation. Infosys is witnessing a significant rise in demand for digital transformation in energy and commodity trading and risk management (E/CTRM). By combining MRE Consulting’s deep E/CTRM capabilities with Infosys’ established leadership in the energy, resources and utilities sector, Infosys will aim to further enhance its ability to drive value for clients in this critical area of their business. MRE brings new clients, and synergies with new
Published in Newsletter Articles
JBT Marel Corporation, a leading global technology solutions provider to high-value segments of the food & beverage industry, reported financial results for the first quarter of 2025. "JBT Marel had a solid start to the year as we outperformed our first quarter expectations," said Brian Deck, Chief Executive Officer. "Orders continue to demonstrate the benefits of our diverse and holistic end-market solutions, with healthy demand in poultry, meat, beverages, pharmaceuticals, and pet food." "The potential outcomes from global trade and tariff policies are creating increased uncertainty and costs, and we are taking proactive measures to mitigate impacts on our cost exposure, including vendor concessions, price increases, and reshoring of third party suppliers," added Deck. Comparisons in this news release are to the comparable period of the prior year, unless otherwise noted. An earnings presentation with supplemental information is available on the Company's Investor Relations website at https://ir.jbtc.com/events-and-presentations/. JBT Marel First Quarter 2025 Results "Our team delivered
Published in Newsletter Articles
Keysight Technologies, Inc. will release financial results for the fiscal quarter ending April 30, 2025 after the close of the market on Tuesday, May 20, 2025. The company will host a conference call that day at 1:30 p.m. PT (4:30 p.m. ET) to review the financial results. The conference call will be webcast live and accessible in the Upcoming Events section of the Keysight investor relations website, investor.keysight.com. The call can also be accessed by dialing 1-404-975-4839 or 1-833-470-1428 toll-free (access code 420906). A replay of the conference call will be available for 90 days in the News, Events, Presentations section of the Keysight investor relations website. To view the original press release, please click here. Search for Keysight on CIMdata.com
Published in Newsletter Articles
Procore Technologies, Inc., the leading global provider of construction management software, announced financial results for the first quarter ended March 31, 2025. “Our Q1 performance represented a positive start to the year, reflecting our measurable ROI for our customers,” said Tooey Courtemanche, Founder, President, and CEO of Procore. “Our ability to help customers achieve more with less positions us well to serve them as they navigate a dynamic environment.” “We are prepared to thoughtfully manage the business through the evolving tariff landscape to continuously improve our financial profile,” said Howard Fu, CFO of Procore. “Even with this increased uncertainty, we remain very confident in our ability to achieve our 2025 guidance.” First Quarter 2025 Financial Highlights: Revenue was $311 million, an increase of 15% year-over-year. GAAP gross margin was 79% and non-GAAP gross margin was 83%. GAAP operating margin was (12%) and non-GAAP operating margin was 10%. Operating cash inflow for the first quarter was $66 million. Free
Published in Newsletter Articles
ipad background image

Featured Cimdata Reports

ipadcontent
PLM-Enabled Digital Transformation Benefits Appraisal Guide

The Guide is designed to help potential PLM users evaluate the applicability and payoffs of PLM in their enterprise, and to help existing users of PLM monitor the impact it is having on their product programs.

ipadcontent
Aerospace & Defense PLM Action Group

A CIMdata administered PLM advocacy group for the A&D industry

ipadcontent
PLM Market Analysis Reports

The PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market. It contains analyses of major trends and issues, leading PLM providers, revenue analyses for geographical regions and industry sectors, and historical and projected data on market growth.

ipadcontent
PLM Market Analysis Country Reports

These reports offer country-specific analyses of the PLM market. Their focus is on PLM investment and use in industrial markets. Reports cover Brazil, France, Germany, India, Italy, Japan, Russia, South Korea, the United Kingdom, and the United States.

ipadcontent
Simulation & Analysis Market Analysis Report

This report presents CIMdata’s overview of the global simulation and analysis market, one of the fastest growing segments of the overall product lifecycle management market, including profiles of the leading S&A firms.

ipadcontent
CAM Market Analysis Report

CIMdata's definitive guide to the worldwide CAM software and services market. This comprehensive report provides critical intelligence on market size, user expenditures, trends, and segmentation, alongside authoritative rankings of the top CAM solution providers and reseller revenues.