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Items filtered by date: November 2024 - CIMdata
DXC Technology, a leading Fortune 500 global technology services provider, announced the appointment of William Pieroni as Global Strategy and Growth Leader for Insurance Software & Business Process Services (BPS). In this role, he will focus on driving strategy, accelerating growth and delivering long-term industry impact. "Bill is a proven strategist and respected leader with deep domain expertise and a global perspective. He is a trusted partner, recognized for his strong understanding of client challenges and his collaborative approach to developing tailored solutions," said Ray August, EVP and President, Insurance Software and Business Process Services, DXC. "His appointment reflects our commitment to industry leadership, intelligent growth and long-term value creation. I'm excited to partner with him as we continue to enhance the value we deliver to thousands of customers worldwide."  Pieroni brings more than 25 years of experience leading global organizations at the intersection of insurance, technology, and enterprise transformation. Most recently,
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GstarCAD, a leading CAD software solution, has recently achieved the highest grade of GS (Good Software) Certification, a nationally recognized standard for software excellence in South Korea. This certification underscores GstarCAD’s technical superiority, reliability, and user-centric design, further solidifying its position as a trusted CAD solution in the South Korean market and beyond. The GS Certification, administered by the Korea Testing Laboratory (KTL) under the Ministry of Trade, Industry, and Energy, is a rigorous evaluation based on international standards (ISO/IEC 25023, 25051, and 25041), assessing software quality across functionality, usability, reliability, and performance efficiency. GstarCAD’s certification demonstrates its ability to meet the highest industry benchmarks, providing professionals with a stable, efficient, and cost-effective alternative to traditional CAD tools. Local Strength, Global Impact With a vast global user base, GstarCAD continues to gain traction for its: Full DWG compatibility, ensuring seamless integration with existing workflows; Intuitive interface and high-performance 2D/3D drafting tools; Affordability without compromising on advanced features. “This GS Certification validates GstarCAD
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SmartPM Technologies, the leader in automated project controls and schedule analytics, announced that construction technology leader Jim Lynch has joined its Board of Directors. Lynch recently capped off a distinguished 28-year career at Autodesk, serving as Senior Vice President and General Manager of Autodesk Construction Solutions. His decision to join SmartPM marks a new chapter in his long-standing mission to drive digital transformation across the built world — and serves as a powerful signal of SmartPM’s rising influence in the construction tech space. “Of all the companies I’ve seen in this space, SmartPM stood out,” said Lynch. “They’ve taken something historically complex — schedule data — and made it intuitive, actionable, and impactful. This is exactly the kind of value creation that drives adoption, and I’m excited to help guide their growth.” At Autodesk, Lynch played a central role in shaping the company's AEC strategy, from establishing BIM as an industry standard, to launching and scaling
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Stable results and cost adjustments» The first quarter of 2025 was a stable quarter in a challenging environment. The German market has, however, continued to develop weakly. Looking ahead, there is good demand for the business-critical digital solutions that we provide, and cost adjustments will improve profitability. «Johan Andersson President and CEO Summary of the first quarter, January–March 2025 Gross profit increased by 2 percent to SEK 1,122 m (1,101), and the gross margin was 76.8 percent (45.7). Net sales decreased, as anticipated, by 39 percent to SEK 1,461 m (2,409). Under the previous Autodesk reseller model, and before reclassifications of third-party agreements, net sales would have amounted to SEK 2,507 m and the Group’s currency-adjusted organic growth would have been approximately 3 percent. Organic reported currencyadjusted net sales decreased by -41 percent. Restructuring costs had an impact of SEK 24 m (0) on earnings. EBITA amounted to SEK 217 m (253), and the EBITA margin
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In the first quarter of 2025, Bechtle AG continued to face the impact of challenging economic conditions. As expected by Bechtle, preliminary figures show a significant year-on-year decline in first-quarter earnings before taxes, a result that nevertheless falls short of market expectations. Business volume was approximately €1,960 m, roughly on par with the previous year, though slightly down on an organic basis. Revenue declined by around 3% to approximately €1,460 m. EBT amounted to around €55 m, compared to €82.0 m in the same quarter of the previous year. The year-on-year earnings decline is mainly attributable to increased personnel costs, driven in part by acquisitions made in 2024, and in part by a marked rise in non-wage labour costs. However, compared to Q4 2024, cost increases have slowed significantly. Earnings were also adversely affected by lower bonus payments from manufacturing partners in the first quarter 2025. Furthermore, last year’s figure was positively influenced
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Materialise NV, a leading provider of additive manufacturing and medical software and of sophisticated 3D printing services, announced its financial results for the first quarter ended March 31, 2025. Highlights — first quarter 2025 Boosted by 18.7% growth in our Materialise Medical segment, total revenue increased by 4.3% to 66,379 kEUR for the first quarter of 2025 compared to the corresponding 2024 period. Total deferred revenues from software maintenance and license fees increased during the quarter by 1,921 kEUR, to 48,870 kEUR. Adjusted EBIT improved to 646 kEUR for the first quarter of 2025 from (1,195) kEUR for the fourth quarter of 2024, but remained below the 2,656 kEUR of the corresponding 2024 period, reflecting the impact from macro-economic headwinds faced by our Materialise Manufacturing and Software segments. Net loss for the first quarter of 2025 was (535) kEUR, or (0.01) EUR per diluted share, compared to a net profit of 3,585 kEUR, or 0.06 EUR per diluted share, for
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ActCAD 2025 New update 1310485 released based on latest IntelliCAD 13.1 engine. This is a general maintenance release with below mentioned fixes and improvements: Resolved issue where Flip Parameter changes were not retained after block editing Corrected annotation scale list behavior on the status bar Fixed crash caused by hovering over MOVE action icon in Advanced Blocks Improved parameter-action binding logic for action buttons in dynamic blocks Added null-checks to avoid crashes when action entity ID is missing Fixed unexpected error message during table insertion in Data Extraction Restored missing Display Options and improved dialog layout Fixed crash during entity selection for Data Extraction reports Added acedSyncFileOpen to exported API functions Maintained MLeader positions correctly after text editing Fixed selection issue preventing second entity selection with mouse click Ensured .NET DLLs are included in API distribution ZIP Fixed hanging issue with the PDFATTACH command Fixed an issue with loading assemblies during software startup Introduced ADCLOSE, ADJUST, and PDFADJUST commands for enhanced drawing cleanup and adjustment
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ALICE Technologies, the world’s leading AI-powered construction simulation and optimization platform, announced the launch of ALICE Plan, an innovative 2D visual project planning tool. ALICE Plan helps construction teams collaborate and communicate schedules more effectively by replacing traditional whiteboard planning with a digital canvas for real-time, visual scheduling—all without the need for a 3D model. With ALICE Plan, users can import project data, including schedules and multipage drawings. ALICE can automatically generate an interactive 2D visual layout of the schedule and overlay it directly onto project drawings added to the canvas. Visual layouts of the schedule can be generated by a Work Breakdown Structure (WBS) or custom-defined properties, such as work regions, start and finish dates, etc., tailoring the view to project and team-specific needs. This planning experience makes it easier than ever to navigate complex construction schedules and visualize and adjust sequences, including the task relationships and dependencies. Packed with powerful features
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Cadence announced it is furthering its longstanding collaboration with TSMC to accelerate time to silicon for 3D-IC and advanced-node technologies through certified design flows, silicon-proven IP and ongoing technology collaboration. As a leading provider of IP for TSMC N2P, N5 and N3 process nodes, Cadence continues to deliver cutting-edge AI-driven design solutions to the TSMC ecosystem for multiple horizontal applications from chiplets and SoCs to advanced packaging and 3D-ICs. The deep collaboration encompasses certified tools and flows for TSMC’s N2P and A16™ technologies, paves the way for TSMC’s A14 and further unlocks 3D-IC possibilities by extending support for TSMC 3DFabric® design and packaging. In addition, Cadence and TSMC are extending tool certification for newly announced TSMC N3C technology based on available N3P design solutions. N2P and A16 AI Silicon Design Cadence is driving innovation in AI chip design with certified tools and optimized IP for TSMC’s advanced N2P and A16™ process technologies. Reinforcing its memory
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Siemens Digital Industries Software announced that the company has deepened longstanding collaboration with TSMC to drive innovation in semiconductor design and integration, enabling mutual customers to tackle the challenges of next-generation technologies. Building on a series of recent collaborations, Siemens has achieved certification for its Calibre® nmPlatform software suite—including nmDRC, nmLVS, Calibre® YieldEnhancer™, and PERC™ tools—alongside its Analog FastSPICE (AFS) and Solido™ solutions, for TSMC’s cutting-edge N2P and A16 processes. Additionally, its Calibre® 3DSTACK solution is certified for TSMC’s 3DFabric® technologies and the 3Dblox standard, advancing silicon stacking and packaging design. Siemens and TSMC are further advancing tool certifications for the newly announced TSMC N3C technology, building on the available N3P design solutions. The two companies have also initiated collaboration on design enablement for TSMC’s newest A14 technology, laying the groundwork for the next-generation designs. The Siemens and TSMC partnership significantly advances system and semiconductor design for AI, automotive, hyperscale, mobile and other key applications,
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