CIMdata Blog

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Leading PLM solutions industry provider acquires Altair, Inc.

On Wednesday, October 30, 2024, Siemens AG, the German multinational technology conglomerate, announced its intention to acquire Altair, Inc., a global leader in physics-based simulation and analysis solutions, high-performance computing (HPC), and artificial intelligence (AI) and data analytics.

While Siemens AG already has a significant digital transformation portfolio in its Digital Industries Software business unit, Altair expands their portfolio further with HPC, data analytics, and key simulation technologies such as CAD-neutral modeling and meshing tools, implicit and explicit dynamics solvers, electromagnetics solvers, and topology optimization,...

Transform Your Business with Siemens Service Lifecycle Management

ANN ARBOR, Michigan, USA 31 October 2024—Today, CIMdata, Inc., the leading global PLM strategic management consulting and research firm, published a new eBook focused the application of service lifecycle management (SLM) in the heavy equipment industry and how Siemens Digital Industries Software (Siemens) SLM solutions enable companies in that industry to move to a servitization business model. This eBook describes how a robust SLM solution can enable companies in the heavy equipment industry to aggregate, contextualize, simulate, and analyze operational data captured from managed assets into actionable insight that can drive service planning,...

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Key Takeaways

• Over 3,000 attendees convened at IFS Unleashed 2024, the IFS user event held in Orlando FL.
• IFS has grown significantly—both organically and through acquisition—over the last decade, capped by 30% growth in 2023.
• IFS is all-in on generative artificial intelligence (genAI), with their IFS.ai services available across their IFC Cloud offerings and their industry solutions. Over 300 use cases are in development, with 60 use cases being delivered in 2024.

CIMdata had the pleasure of attending IFS Unleashed 2024, held on 14-18 October 2024 in Orlando FL.

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Mendix: Siemens low-code solution for tailoring product and production processes

Key Takeaways

• Businesses today struggle to adapt technology solutions to create tailored, highly productive working and operational environments—due to increasing product, process, supply-chain, development, production, and service complexity.
• Businesses need to easily be able to tailor their operational environments and reduce non-value-added activities while supporting diverse value chains by integrating data sources and supporting users with tailored, easy-to-use apps on their devices of choice.
• Siemens is applying its Mendix low-code solution throughout their Siemens Xcelerator portfolio to enable businesses to more easily and rapidly create...

I write this short rundown on what to expect at the upcoming PLM Road Map & PDT Europe (23 & 24 October), knowing that this coming week is the final stretch before the main show begins. This time, it is the European event, and it is my turn to jump on a plane and head to Gothenburg, Sweden.

As we gear up for PLM Road Map & PDT Europe 2024, there’s much to look forward to. The agenda is packed with insights that will set...

This presentation is part of CIMdata’s educational webinar series.

ANN ARBOR, Michigan, USA, 14 October 2024—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces an upcoming free webinar, “Recovery for a Stalled PLM Initiative – Part One.” The webinar will take place on Thursday, 14 November 2024, at 11:00 a.m. (EST) and will last one hour.

Implementing a PLM solution is a complex process often marked by unforeseen obstacles. Many initiatives stall, fall short, or fail to deliver the expected benefits. In this webinar, the first of two on this topic, CIMdata, will present practical strategies to identify,...

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Realize the value of simulation and MDAO in the enterprise digital thread.

Key Takeaways

• Use of simulations across the product lifecycle has been growing over the years. However, simulation artifacts have largely remained siloed in separate systems in design, testing, and validation workflows. Even proper organization of the data is lacking in most organizations.
• With growing adoption of simulation from simulation-driven design to digital twins of products and manufacturing processes, there is a need to create traceability of data and process information used while performing the simulations as well as for the results of...

A proven solution tailored for shipbuilding digital transformation

ANN ARBOR, Michigan, USA 15 October 2024—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the release of a new whitepaper, SSI ShipbuildingPLM: PLM Tailored to Unlock Shipbuilding Transformation. The whitepaper describes SSI’s ShipbuildingPLM solution's evolving capabilities and integration with SSI’s ShipConstructor shipbuilding CAD. SSI’s team has extensive experience in shipbuilding, so they are well-positioned to provide solutions and help shipbuilders digitally transform their operations to improve flexibility, scalability, security, and accessibility.

According to John MacKrell, CIMdata Chairman with over 50 years of experience in a variety of industries, including...

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Key Takeaways

• The best known products from the PLM Components business of Siemens Digital Industries Software include Parasolid, the solid modeling kernel, and JT, the ISO standard visualization format, but Siemens also has components to support geometric constraints, kinematics, and rendering, as well as complete OEMable products such as Solid Edge and Femap.
• PLM components’ products are used extensively by Siemens, partners, industrial organizations, and even competitors to bring higher quality products to market faster.
• Several serious competitors, including Dassault Systèmes SOLIDWORKS and PTC Onshape, have been customers for a decade or more, proving...

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Facilitate digital thread development & maintenance with SBE Vision’s platform.

Takeaways

• Digital threads enable sharing stable configurations of product artifacts throughout the product’s lifecycle.
• Ontologies are critical to defining the semantic foundation for meaningful digital threads that support products’ systems of systems.
• Developing viable and extensible ontologies for product development leading to long-lived digital threads is a difficult undertaking unless facilitated by experience-based guidance and tools.
• Digital threads have impact across the full product lifecycle of tools and information so SBE Vision’s adaptive framework is essential for providing digital threads that support the full product lifecycle.
• Model-Based...