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Items filtered by date: November 2024 - CIMdata
Lectra is pleased to announce that the Chinese furniture manufacturer, the Trayton Group, has selected Lectra’s Versalis® and Vector® together with product development, pattern-making and nesting software, to automate and optimize their production in China. Founded in 1999 by its Danish CEO, Simon Lichtenberg, the Trayton Group has become one of the biggest furniture manufacturers in China with two factories in Shanghai and Zhejiang and more than 2,000 employees. Leather accounts for 80% of the company’s production, with the remaining 20% in fabric, and 90% of total production destined for export. Brand names include Simon Li and Trayton Furniture. The Group operates on several levels: for the majority of its customers, it acts as an Original Design Manufacturer (ODM) providing designs for their selection; it produces designs it receives from Original Equipment Manufacturers (OEM’s), and it also manufactures and exports finished products. The Trayton Group also produces furniture for a large Scandinavian
Published in Newsletter Articles
Infosys Limited today announced that as in the previous years, it will furnish its annual reports to its ADS holders on its website in lieu of physical distribution. Accordingly, the Annual Report on Form 20-F for the year ended March 31, 2014 filed with the Securities and Exchange Commission (SEC) on May 9, 2014, together with the Indian Annual Report is available on the Infosys Limited website at www.infosys.com. The financial statements included in the Annual Report on Form 20-F have been prepared in accordance with the International Financial Reporting Standards (IFRS) as issued by International Accounting Standards Board. As allowed under NYSE rules, the Company will not circulate physical copies of the Annual Report on Form 20-F or the Indian Annual Report to ADS holders. However, in compliance with NYSE rules, physical and email copies of Infosys' Annual Report on Form 20-F and the Indian Annual Report will be made available,
Published in Newsletter Articles
Agilent Technologies Inc. has reported orders of $1.81 billion, up 7 percent over one year ago, for the second fiscal quarter ended April 30, 2014, and revenues of $1.73 billion, flat compared with one year ago. Second-quarter GAAP net income was $150 million, or $0.45 per share. Last year's second-quarter GAAP net income was $166 million, or $0.48 per share. During the second quarter, Agilent had intangible amortization of $51 million, pre-separation costs of $41 million, integration and transformation costs of $10 million, and a tax benefit of $10 million. Excluding these items and $2 million of other net costs, Agilent reported second-quarter adjusted net income of $244 million, or $0.72 per share(1). Agilent President and CEO Bill Sullivan said, "We delivered on our commitments this past quarter with solid order growth, and revenues and earnings in the mid-range of our forecasted guidance. Looking ahead, we are well positioned as we move
Published in Newsletter Articles
ZWCAD Software Co. Ltd., has been awarded as one of the top 10 Most Promising Engineering Design Solution Providers by CIO Review magazine. Awarded to firms that are “at the forefront of tackling Engineering Design challenges and impacting the marketplace”, this prize recognized ZWCAD’s significant contribution in offering cost-efficient, powerful CAD/CAM solutions to engineers and designers around the world. CIO Review magazine, an enterprise technology magazine based in the US, is aimed at informing CIOs of upcoming industry-changing software that is coming to the market. With a readership of 25,000 senior leaders and decision-makers in the US, CIO Review is a highly-respected thought leader within the industry, and a major knowledge base for new software solutions. ZWSOFT products, which include ZWCAD+, ZW3D, ZWCAD Architecture, ZWCAD Mechanical and ZWCAD Touch, have been recognized for their cost efficiency, as well as their unique features that bring new dimensions to the CAD/CAM industry. ZWCAD+, the CAD solution developed by its wholly-owned subsidiary ZWCAD
Published in Newsletter Articles
Dassault Systèmes today announced the renaming of recently acquired Realtime Technology (RTT) to “3DXCITE” and the new brand’s ambition: to enable a 3DEXPERIENCE strategy that goes beyond engineering and encompasses a customer’s entire business cycle across all communication channels with powerful, streamlined and efficient storytelling. “I wish I could declare this is a bold, unpredictable move, but that would be taking undue credit for what is an obvious strategic milestone dictated by recent evolutions,” said Bernard Charlès, President & CEO, Dassault Systèmes. “Our customers know that products are no longer enough. In today’s experience economy, brands demand a seamless interplay of 3D design, marketing and sales applications to create high-impact storytelling across all channels. And it is only natural to develop our R&D ecosystem in Germany, close to so many critical customers. Given these factors, our acquisition of RTT and the creation of 3DXCITE to carry out our new 3DEXPERIENCE ambitions
Published in Newsletter Articles
Prism Engineering, Inc., the Mid-Atlantic provider of CAD, CAM, and 3D printing products & services, announces the relocation & expansion of its Pittsburgh Office & Training Center. Prism's Training Center is located at 700 Blaw Avenue, Suite 104, Blawnox, PA 15238. The office expansion enables Prism to serve engineering, manufacturing, and design professionals in the Pittsburgh region with additional training and support capabilities. Prism's Pittsburgh office remains the only Certified SolidWorks and Mastercam Training Center in Pittsburgh; classes began this week at the expanded facility. "We identified a need for additional SolidWorks, Mastercam, and Stratasys services in the Pittsburgh region," said John Ewell, President of Prism Engineering. "Prism's expanded Pittsburgh office in Blawnox will allow us to accommodate the increased demand for in Prism's award-winning training & services." In addition, Prism will bring a selection of Stratasys 3D printing products & services to its Pittsburgh office to serve a growing demand for additive manufacturing solutions
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InnovMetric, which celebrates the 20th anniversary of its foundation this year, announced today that it has reached a first in its history by selling annually more than 2000 licenses of the PolyWorks universal 3D metrology software platform, and this for the fiscal year 2013 ending March 31, 2014. Moreover, its sales revenue has increased by 37% compared to fiscal year 2012.  Several elements have contributed to this significant growth of PolyWorks sales: Key InnovMetric customers in the automotive and aerospace industries have accelerated the integration of PolyWorks as their standard 3D metrology software platform The recent market consolidation that occurred in the 3D metrology software market has dramatically reduced the number of available hardware-neutral software solutions and contributed to reinforcing the market-leading position of PolyWorks The market for operator-driven point cloud digitizing and single-point probing devices in industrial manufacturing applications is expanding into the production areas, as these technologies have demonstrated their capability to
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Many thanks for attending CIMdata's recent European Market & Industry Forum. An updated copy of Stan Przybylinski's 2013 Market Analysis presentation is available for download here.
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GrabCAD Incorporated ("GrabCAD") has licensed Siemens’ Parasolid® software to provide 3D model interrogation, inspection and visualization within its Workbench application for cloud-based product data management (PDM). Developed by Siemens’ product lifecycle management (PLM) software business, Parasolid is emerging as the component of choice for cloud-based solution providers who require a 3D geometric modeling kernel. This represents the third major Parasolid license agreement with cloud-based solution providers in the last nine months and the first license for a cloud-based PDM application.   “Siemens PLM Software has proven itself to be a diligent and progressive market leader, consistently delivering the right PLM component technology that is used by millions of end-users,” said Jon Stevenson, Vice President of Technology, GrabCAD. “Software vendors that deploy geometry based applications in the cloud need to be confident that the component technologies they select deliver reliable, long-term solutions with superior functionality and proven quality. Parasolid has shown strong
Published in Newsletter Articles
Luxion today announced that Siemens’ product lifecycle management (PLM) software business has chosen Luxion’s KeyShot as its new rendering solution for Solid Edge® software, its mainstream computer-aided design (CAD) solution. KeyShot for Solid Edge, which will be bundled and licensed with the latest release of Solid Edge, Solid Edge ST7, will help  users quickly and easily create rich, 3D visuals. Solid Edge ST7 users will be able to experience KeyShot’s accurate materials, real world lighting and simple workflow for all their visualization needs. KeyShot for Solid Edge will replace the previously available rendering solution. Even though KeyShot for Solid Edge is bundled with Solid Edge ST7, both applications remain separate. This will allow users to continue to refine their designs, while images and animations are rendered in KeyShot. It is a unique approach that provides concurrent modeling and rendering  to deliver a more efficient workflow, saving time for designers, engineers and
Published in Newsletter Articles
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