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 PDF Electronics industry solution provider expanding portfolio into mechanical simulation and analysis solutions. On Wednesday, 28 June 2023, Keysight Technologies, Inc. announced its intention to acquire the entire share capital of ESI Group SA. ESI Group SA is celebrating its 50th year of existence this year and has a broad range of virtual prototyping solutions for automotive and aerospace end markets. While Keysight is a relative unknown in the traditional Simulation and Analysis software industry as tracked by CIMdata, they do in fact provide software solutions for electronics design, development, and validation based on their PathWave portfolio (https://www.keysight.com/us/en/products/software.html). This acquisition is part of their strategy to provide more complete software-centric solutions to their current customers as well as customers in new industry segments. Automotive industry solutions should be an area in which the combined companies will find the most synergies in terms of customers, but future solution portfolios can be expected to address

 PDF Tata Consultancy Services (TCS) recently invited CIMdata to its TCS Analyst Day 2023 in Boston. Mr. Kedar Shirali, Vice President and Global Head, Investor and Analyst Relations welcomed industry analysts from around the world with the day’s message of “Innovate, Adapt, and Thrive.” Mr. K. Krithivarian, newly named CEO of TCS, welcomed the analysts by video and spoke of the two new TCS Pace Ports inaugurated this year; TCS Pace Port Pittsburgh on the Carnegie Mellon University campus; and TCS Pace Port Toronto. The company’s Pace Ports are spaces that connect customers to all of TCS’ organizational capabilities in innovation, technology, and industry expertise.[1] Mr. Suresh Muthuswami, Chairman of North America, gave opening remarks and noted that TCS headcount had reached over 614,000 employees during Fiscal Year 23 and a revenue of US$34.1 Billion. He stated that TCS is now the second largest IT provider in the US, with North

 PDF Key Takeaways Model-Based Product Development (MBPD) involves interconnected design, simulation, manufacturing, optimization, and other technologies, operating on a common, native CAD model integrated into the engineering design environment. Manufacturers are striving to achieve the full MBE vision, which PTC believes is driving a stronger than ever commitment to Model-Based Product Development. To meet evolving customer needs toward MBPD, PTC has acquired or built advanced functional capabilities like real-time simulation, and generative design and integrated them into the native CAD environment, which is driving accelerated adoption of the capabilities. As companies advance digital strategies, MBPD will be crucial to achieving MBE’s full value. Today, product manufacturing companies face increasing challenges, including time to market, supply chain disruptions, and the cost of poor quality. Their biggest test deals with their ability to consistently deliver product innovation to keep pace with the overall market's rapid advances in innovation. To help, there has been a strategic move toward model-based

 PDF Key Takeaways PTC continues to drive and expand their SaaS and cloud delivery strategy with the new “+” product releases, e.g., Creo+ and Windchill+. PTC is leveraging Onshape cloud-based system functions in Creo+ to enable multiple users to collaborate on the same product model in real-time–concurrently reviewing, exploring, and editing product designs. They have added partnerships with aPriori and Ansys Granta to improve better design for sustainability. ServiceMax is the core of PTC’s new Service Lifecycle Management (SLM) solution suite and will manage the physical product of record, extending PTC’s model-based digital thread to encompass the product service lifecycle. PTC is tightly integrating Codebeamer and Windchill to deliver more comprehensive requirements management across the full product lifecycle. CIMdata attended PTC’s LiveWorx 2023, held in Boston May 15 through 18, 2023.[1] Because of the COVID-19 pandemic, this is the first in-person LiveWorx since 2019 and CIMdata was excited to again be able to personally hear and discuss