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Position Papers

Items filtered by date: Juni 2017 - CIMdata
ConstructConnect announced today that it and other leading solution providers are transforming the construction industry by delivering a complete line of integrated solutions to meet the preconstruction needs of their customers. Through the use of strategic partnerships with Assemble Systems, On Center Software and RSMeans, ConstructConnect is integrating its signature iSqFt Bid Management software with their respective technologies to fundamentally change and simplify takeoff and estimating. The combined solution streamlines and expedites the complete life-cycle of pre-construction activities to increase efficiency, accuracy and profitability. “Just as we led the effort of first putting plans online and capturing material estimates on screen, this collaboration addresses today’s realities that require contractors to work effectively with the combination of information available in 2D, 3D and beyond,” said Dave Conway, ConstructConnect’s president, and CEO. “Customers have emphasized that they are searching for better ways to compete and win. As a result, we’ve taken the cue from them and have integrated
Published in Newsletter Articles
Q1 revenues grew sequentially by 3.2% in USD terms; 2.7% in constant currency terms Q1 revenues grew 6.0% year-on-year in USD terms Q1 operating margin at 24.1%, flat as compared to Q1 17 Utilization excluding trainees increased by 2% to 84% FY 18 revenue guidance retained at 6.5%-8.5% in constant currency. FY 18 operating margin guidance retained at 23%-25% Operating cash flow was $ 644 million, as compared to $ 547 million in Q4 17 Liquid assets including cash and cash equivalents and investments were $6,091 million as on June 30, 2017 as compared to $5,979 million as on March 31, 2017  “Our persistent focus on execution in Q1 is reflected in broad-based performance on multiple fronts– revenue growth, resilient margins despite multiple headwinds, healthy cash generation and overall business results. I am encouraged by the uptick in revenue per employee for six quarters in a row, and the strong momentum in our new high growth services
Published in Newsletter Articles
Tata Technologies inaugurated its new European Innovation and Development Centre (EIDC) today in Warwick, UK. The EIDC is a £20 million investment in the company’s operations in the UK and Europe, following the successful growth of the business across the region. The new building will house Tata Technologies’ engineering support services, two advanced engineering labs and a modern R&D centre that will further develop the company’s capabilities and growth opportunities in key sectors including automotive, aerospace and industrial machinery. The centre will serve as the company’s European headquarters and follows on from the opening of new delivery centres in Paris and Gothenburg earlier this year. >The facility will hold approximately 600 staff and create more than 200 additional jobs for design engineers and programme managers — creating STEM (science, technology, engineering and math) job opportunities at all levels, from graduate to senior leadership roles. Tata Technologies will use its relationship
Published in Newsletter Articles
Digital manufacturing company Proto Labs has always been known for its rapid injection molding prototyping services. Now, the company has added a suite of capabilities designed specifically to address the on-demand manufacturing needs of the low-volume, high-mix product segment. For years, there has been a gap in manufacturing services for low-volume, custom molded components. Companies had to purchase in large volumes to meet the minimum order quantities often required by traditional manufacturers, and work with multiple vendors to address varied needs from prototyping to final part production. Both would add cost and time to part procurement. Now, Proto Labs has tailored its offerings to specifically address the needs of both prototyping and on-demand manufacturing. “Since every manufacturing project is different, our two injection molding options let customers begin to focus on what is really needed from their tooling,” explained Becky Cater, global product manager for injection molding at Proto Labs. “Whether
Published in Newsletter Articles
PDX Cyber Camp 2017, sponsored by PacStar, kicks today with a week-long summer cybersecurity camp designed to give students hands-on, introductory experience in one of today’s hottest fields. The camp, organized and managed by a team of high school students, educators and industry professionals, tripled in size this year due to demand and has received widespread community support and involvement from industry-leading cybersecurity companies, volunteers and non-profit organizations. “The community response and support of the PDX Cyber Camp this year has been incredible. An impressive number of industry-leading companies and cybersecurity experts stepped forward to share their knowledge, resources and time to provide a world-class educational experience in cybersecurity for our local youth,” said Charlie Kawasaki, chief technology officer of PacStar (Pacific Star Communications, Inc.) and co-founder and organizer of the PDX Cyber Camp. “Companies like IBM, MacAfee, Mentor Graphics, Galois, Absolute Software, Cylance, Hueya, New Relic, PacStar and PKI
Published in Newsletter Articles
LogiCamms Limited today signed a Memorandum of Understanding with Dassault Systèmes to jointly pursue technical and business opportunities in the natural resources, energy and utilities, and life sciences industries. Dassault Systèmes provides business and people with virtual universes to imagine sustainable innovations. Its 3DEXPERIENCE platform and industry solution experiences are used by customers in 12 industries to address product development, manufacturing and supply chain processes in areas such as product quality, time-to-market, supply chain collaboration, regulatory compliance, intellectual property protection and manufacturing efficiency. LogiCamms and Dassault Systèmes went through a value assessment during a pre-qualification for the South Australian Government's Marine and Defence Industry Supply Chain program that aims to develop a domestic defence industry to support the Federal Government's Future Submarine program. In the course of assessment, Dassault Systèmes exhaustively evaluated LogiCamms' engineering, project management, technology and innovation capabilities, and identified the Company as its partner of choice to
Published in Newsletter Articles
COMSOL has published a special edition of its annual publication, COMSOL News, celebrating simulation specialists working in the field of acoustics. Acoustics engineers shape experiences that create lifelong memories, whether it’s the hearing aid that allows a loved one to rejoin the dinner conversation, or those moments when you’re singing the words of your favorite song in the car. This special edition of COMSOL News 2017 highlights novel design solutions, from virtual product development to NVH performance, acoustic cloaking, and feedback reduction, impacting day-to-day life. “Since acoustics phenomena are inherently multiphysics, engineers use the most powerful modeling tools to account for several types of physics and their coupling” says Mads Jensen, Technical Product Manager, Acoustics. “These success stories inspire by showing us the work that went into the design of innovative products that must perform under competing priorities for many different customers.” Availability COMSOL News 2017 Special Edition Acoustics is available as an
Published in Newsletter Articles
To support emerging cognitive technologies such as cognitive computing, cognitive automation and robotics process automation, technology companies expect to increase hiring in several functions, including management, over the next 3 years, according to a new report by KPMG International, the audit, tax and advisory services organization.  Over 75 percent of tech CEOs surveyed said they expect to increase headcount in IT to support the emergence of cognitive technologies; 64 percent anticipate increases in middle management; 62 percent in customer service; and 60 percent in sales and production. More than half anticipate increasing headcount in finance, research, HR, and marketing, with 43 percent expecting to add to senior management. "The tech CEOs' commitment to hire across the board shows the strategic value they see in cognitive technologies, and they are building the organizational structure their company will require to execute their strategy," said Tim Zanni, global and U.S. chair of KPMG's Technology,
Published in Newsletter Articles
Accenture has been positioned as a leader in an industry report. The report, in its second year, evaluates professional services vendors with the most experience serving the emerging industry cloud market, specifically with respect to planning, designing and building industry collaborative clouds. This is the second consecutive year that Accenture has been recognized in this category. This outcome is a testament to the breadth and depth of Accenture’s cloud industry capabilities and experience, as well as to the caliber of customer feedback, another important evaluation criterion. To date, Accenture has helped build and run more than 35 industry clouds supporting more than 100 clients in 15 industries, with a footprint spanning North America, Europe, and Asia. For example, the Accenture Intelligent Patient Platform uses cloud-based technologies and analytics to help companies deliver comprehensive patient programs that improve health outcomes. The Accenture Life Sciences Cloud for R&D (ALSC) helps companies run faster clinical trials with better transparency
Published in Newsletter Articles
Measuring Organizations’ PLM Readiness ANN ARBOR, Michigan, 18 July 2017—CIMdata, Inc., the leading global PLM strategic consulting and research firm, released a new eBook focused on Tata Technologies’ PLM Analytics assessments that help companies understand where they are in their PLM journey. This eBook describes Tata Technologies’ PLM Analytics program which is designed to provide insight and guidance for developing a PLM strategy within an enterprise. Organized into four components (see the figure below), the first level enables a company to start with a quick overview assessment to identify issues and potential directional priorities for their PLM program. With each successive tier, more extensive knowledge is obtained leading to a detailed execution roadmap. Using the results of this methodology helps companies close their PLM value gap. The Four Components of Tata Technologies’ PLM Analytics Program(Courtesy of Tata Technologies) A PLM maturity assessment provides a relative assessment for a company against best practice characteristics
Published in News & Press
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