Position Papers

Stratasys Ltd. announced financial results for the fourth quarter and fiscal year 2014. Q4-2014 Financial Results Summary: Revenue for the fourth quarter of 2014 was $217 million, representing a 40% increase over the $155.1 million for the same period last year. GAAP net loss for the fourth quarter was $92.0 million, or ($1.81) per share, compared to a loss of $2.0 million, or ($0.04) per share, for the same period last year. Non-GAAP net income for the fourth quarter was $24.9 million, or $0.48 per diluted share, compared to non-GAAP net income of $25.8 million, or $0.50 per diluted share, reported for the same period last year. Revenue from MakerBot branded products and services contributed $26.6 million to fourth quarter revenue. The Company invested a net amount of $21.4 million in R&D projects (non-GAAP basis) during the fourth quarter, representing 9.8% of net sales. The Company generated $14.9 million in cash from operations during the fourth quarter, and finished the year with approximately $443 million in cash and cash equivalents and short-term bank deposits. The cash balance

Designers who dream of transforming the world are invited to join a community of visionaries at the 2015 Vectorworks Design Summit on April 27-29 at the Sofitel Hotel in Philadelphia, PA. The event features breakout sessions by leaders in the architecture, landscape and entertainment industries, as well as opportunities to network with Vectorworks® software engineers, power users, third-party partners and other professionals during educational sessions, meals and evening events. Registration is now open at www.vectorworks.net/design-summit. “Every day, designers choose Vectorworks because it’s a tool that allows great design to materialize from inspiration, exploration and discovery,” says Nemetschek Vectorworks’ Chief Marketing Officer Stewart Rom. “The Design Summit will provide a gathering point for our community of users to generate new energy for upcoming projects, sharpen their vision and share pioneering designs. I hope attendees leave the event feeling moved to continue creating unexpected and exciting design solutions.” Keynote Speakers The Vectorworks Design Summit begins Monday,

Western University will now use the same technology in its Faculty of Engineering classrooms that businesses around the world employ to design some of today's most sophisticated products thanks to an in-kind software grant from Siemens PLM Software. The new academic partnership was announced earlier today. Siemens PLM Software is a leading global provider of product lifecycle management (PLM) software and services for a wide variety of industries including automotive, aerospace, machinery, medical devices, shipbuilding and electronics. By utilizing Siemens PLM Software for course work, research and other academic studies, Western Engineering students will develop the advanced skills required by the more than 77,000 global customers who already utilize Siemens' software and technology solutions, including 29 of the world's top 30 automakers. This in-kind grant for Western includes Siemens PLM Software's NX software, a leading integrated solution for computer-aided design, manufacturing and engineering. The commercial value of the in-kind software grant is $522,039,200. "Siemens

SAP SE today announced it has joined the Industrial Internet Consortium, which aims at accelerating and promoting the business use of the Internet of Things (IoT). SAP has been a strong supporter of the Industry 4.0 in Europe and supports the importance of industry-wide, international standards for easier interoperability for customers. SAP helps customers implement practical business solutions with a wide variety of cloud-based IoT solutions that include the SAP Predictive Maintenance and Service solution, SAP Connected Logistics software and SAP Manufacturing Execution application. In addition, SAP received a 2014 M2M Evolution IoT Excellence Award for its IoT connected trade asset intelligence software. The announcement was made at Mobile World Congress (MWC), being held March 2-5 in Barcelona.  SAP solutions for IoT are powered by SAP HANA® Cloud Platform, a core application development and enablement platform that enables enterprises to generate real-time insights from sensor data and advanced features, such as in-memory computing and

Lectra recently hosted its 7th Education Congress in Paris. The 2015 Lectra Education Congress brought together over 60 professors, department heads and directors from 33 international fashion schools and universities, around the theme of change and transformation in the fashion industry. The event was held on the banks of the Seine river at the French Fashion Institute (IFM) which is housed in Paris’ Cité de la Mode et du Design. “This congress organized by Lectra and welcoming fashion schools and industry players helps highlight the importance of technology in fashion today. Our industry is both creative and traditional. Development techniques and information systems are constantly evolving and becoming increasingly sophisticated, thus allowing us to combine these aspects in an optimal way, while better managing the supply chain and the integral management of all processes,” said Dominique Jacomet, Dean of IFM. The congress highlighted transformational shifts in the industry and the impact on both

GRAITEC announces two new strategic distribution agreements with Hungarian-based HungaroCAD and CADLAB in Athens, Greece. These agreements entitle both HungaroCAD and CADLAB to promote, sell and support the GRAITEC and Autodesk® Advance product ranges throughout Hungary and Greece respectively. Autodesk® Gold Partner, HungaroCAD, has almost 25 years' experience with Autodesk software and has established itself as a leading company in the field of Architectural Engineering and Construction (AEC). Based in Budapest, Hungary, HungaroCAD has been forthcoming in the distribution and development of design systems for the construction, mechanical and electrical engineering industry. Over the past decade CADLAB has developed integrated solutions, tools and expertise, in the field of engineering software and consulting services, to support the rapid development and investment in technologies, by Greek construction and consultancy companies driven initially by the 2004 Olympic Games in Athens. Mr Sabathiel Balázs, HungaroCAD, Budapest comments: "HungaroCAD was established almost 25 years ago as one of the first resellers of

FARO Technologies, Inc. , announces the acquisition of kubit GmbH, a leader in the development of software for surveying and as-built documentation. The acquisition also includes substantially all of the assets of its U.S. distributor kubit USA, Inc.  Located in Dresden, Germany, kubit has been developing field-proven software products to enable and simplify the use of real world objects in CAD applications since 1999. Initially launched to link total stations directly to AutoCAD, today kubit is the industry leader in providing tools to integrate 3D laser scan data with CAD environments such as Autodesk Revit and AutoCAD. kubit’s software is hardware independent, giving customers the flexibility to utilize any hardware offering, thus ensuring maximum productivity.  kubit software is used in a large number of applications, including but not limited to: Building Information Modeling (BIM) Archaeology Architecture Plant survey Construction Built heritage conservation Facility management Interior outfitting Police and security forces Surveying “The acquisition of kubit is an exciting step in FARO’s strategy to

Wipro Ltd., a leading global information technology, consulting and business process services company today announced the launch of a Boundary Less Data Center Solution (BLDC), based upon a software-defined data center architecture, powered by VMware, a leader in in cloud infrastructure and business mobility. This solution enables enterprises to be competitive by reducing time to market, driving business agility and scale. The Boundary Less Data Center offering is based on an innovative IT transformational approach that is workload centric, software-defined, and hyper resilient. This helps enterprises to extend the capabilities of their traditional enterprise data centers into a scalable hybrid IT. BLDC offers transformative analytics to gain insights from enterprise assets and workloads, evaluates IT resiliency and provides a technology blue print to maximize the business value of IT investments for customers. Wipro’s industrialized workload migration approach coupled with its ServiceNXT™, next generation integrated Managed Services framework for Hybrid IT makes

PDTec AG, a leading provider of simulation data management (SDM) software and services and solutions for the integration of CAE data, processes and systems, today announces the release of SimData Manager version 3.0. SimData Manager enables efficient and structured administration of all calculation-relevant data throughout the entire CAE process chain. One of the key features of version 3.0 is the newly designed, intuitive and even more user-friendly user interface. Based on the Ribbon technology (à la Microsoft® Office), the GUI offers numerous new features, such as extended capabilities when working with tables, convenient inline-edit functions and more. Among Version 3.0 ‘s most important innovations are a newly designed graphic menu navigation, a central library for CAE modules, an SDM process commander, an event tracking mechanism, configurable PLMXML export and import functions, and extended workflow functionality. Users will benefit from new tools for comparing results, such as fringe plots, curves and data, comprehensive

Delcam will highlight the benefits of five-axis programming with its PowerMILL CAM system and feature-based programming with its FeatureCAM. software at the HaasTec 2015 event to be held at Haas’s US Headquarters in Oxnard, California, from 17th to 20th March.  As well as being able to watch demonstrations of the newest releases of the Delcam software, visitors will be able to see the latest Haas CNC technology in great detail, with twenty machines cutting metal, and undertake a guided factory tour of the Haas manufacturing facility to learn how the company builds its machines.  To register as a visitor, please visit www.haastec.com. The latest release of PowerMILL includes improvements to the Vortex high-efficiency area-clearance strategy, developments in toolpath simulation and verification, improved collision checking to also cover near misses, and more efficient raster finishing, area clearance and drilling, plus more options for customisation by users.   Complete verification can now be undertaken of a project