Position Papers

Hexagon AB, a global leader in sensor, software and autonomous solutions, announced the signing of an agreement to acquire Romax Technology Limited, a leading provider of Computer Aided Engineering (CAE) software for electromechanical drivetrain design and simulation. A greater focus on energy efficiency and an accelerating shift towards electrification brings new engineering challenges that require increased use of simulation tools earlier in the design lifecycle. Romax Technology brings more than 30 years of experience in electromechanical simulation and multi-physics design optimisation. The cloud-enabled MBSE (model-based systems engineering) platform, Romax Nexus, provides a complete workflow for designing, simulating and delivering the next generation of energy efficient drive and power generation systems, enabling engineers to collaborate and optimise electrical and mechanical design simultaneously. By simulating the operation of the entire system - engine, gears, bearings and housings - the efficiency of automobile, aerospace and wind turbine powertrains can be optimised, and the battery range

AVEVA, a global leader in engineering and industrial software, is unveiling its 2020 European AVEVA Simulation Academic Competition. The contest, which is entering its second year but marks its inauguration in the European region, provides an exclusive opportunity for one winner to conduct a three-month internship at the AVEVA offices located near Lake Forest, California, and receive a €3,000 prize.  The European part of the AVEVA Academic Program Competition commenced on 1st February 2020 and is open to students from countries in the European Union and the United Kingdom, Ireland, Norway and Switzerland. The closing date for all entries is 31st March 2020 with the winner to be announced on 30th June 2020. Contestants can access more information and enter the competition online on the AVEVA Academic Competition webpage. The 2020 competition invites students to solve a real-world engineering problem by learning and leveraging AVEVA Simulation, a next-generation simulation platform designed for the development and

Altair, a global technology company providing solutions in product development, high-performance computing and data analytics, released its financial results for the fourth quarter ended December 31, 2019. “We continue to execute on our vision of transforming product design and customer decision making by leveraging simulation, data analytics and high-performance computing,” said James Scapa, Founder, Chairman and Chief Executive Officer of Altair.  “Our core simulation and optimization technologies performed well during the quarter and we remain highly encouraged by strong demand for our SimSolid product, which continues to have one of the fastest new product ramps in our history.  As we enter 2020, we continue to see macro headwinds in our automotive end market and given the potential impact of the Coronavirus on our customers we anticipate a more modest start to the year.  However, we remain confident that our diversification across multiple verticals and products positions the company well to achieve above market

Autodesk, Inc. reported financial results for the fourth quarter of fiscal 2020. All growth rates are compared to the fourth quarter of fiscal 2019 unless otherwise noted. A reconciliation of GAAP to non-GAAP results is provided in the accompanying tables. For definitions, please view the Glossary of Terms later in this document. Total ARR increased 25 percent to $3.43 billion; Billings increased 43 percent to $1.49 billion; Total revenue increased 22 percent to $899 million; recurring revenue represents 95 percent of total; GAAP operating margin was 15 percent, up 9 percentage points; Non-GAAP operating margin was 29 percent, up 10 percentage points; GAAP diluted EPS was $0.59; Non-GAAP diluted EPS was $0.92; Cash flow from operating activities was $698 million; free cash flow was $684 million. "We ended fiscal 2020 on a very strong note with revenue, earnings, and free cash flow coming in above expectations. We are entering the sustainable growth phase of our subscription journey with great momentum," said

EFI™ Optitex®, Electronics For Imaging’s global provider of integrated end-to-end 2D & 3D CAD/CAM software solutions for the fashion and apparel industry, today announced its partnership with Fashion Enter Ltd., a UK training and technical skills development center for the fashion and textile industry, who implemented EFI Optitex 3D solutions into their course curriculum.  Established in 2006, London-based Fashion Enter Ltd. (FEL), is a veritable “all-in-one” technology hub for the fashion and textile industry, offering multiple training and technical skills development services, encompassing the entire design to production cycle. A not for profit, social enterprise, FEL also provides apprenticeships and adult learning at the ESFA and SEG approved technical centre supported by Haringey Council, Mayor’s Good Growth Fund and Asos. To help lay the foundation for the UK’s fashion and textile industry on its imminent journey towards digital transformation, FEL was determined to close the mounting skills gap in both industry and academia and

Elysium has released CADdoctor EX8.2. New Product 3DEXPERIENCE (Plug-in) Option [Supported Version: R2017x – R2020x] 3DXML Add-on Option [Supported Version: R2010x – R2019x] Key Enhancement Standard Function Enhanced part searching function Enabled to delete parts from the search dialog Added a new View function “Snap to Axis” Added a function to change the view direction to one of X, Y, Z axes closest to the current view direction Reverse Engineering Function Improved function to generate B-rep Improved the quality of face segmentation and decreased the number of PDQ errors (Large face gap) Data Translation Changed support of CAD versions Import & Export Options Versions added in EX8.2 Supported Versions NX Plug-in NX 1872 Series NX9 – NX 1872 Series NX Add-on NX 1872 Series UG10 – NX 1872 Series Creo Parametric Add-on 6.0 2000i – Creo Parametric 6.0 NX I-deas Plug-in 6.7 6.3 – 6.7 CADmeister Add-on V14.0 V4.0 – V14.0 Parasolid Add-on V32.0 V7 – V32.0 JT Add-on v10.5 To view the original press release, please click here. Search for Elysium on CIMdata.com

Applause announced a new partnership with Infosys, a global leader in next-generation digital services and consulting, to provide broader end-to-end digital experience testing services to clients. The partnership combines Infosys’ behind-the-firewall validation with Applause’s white-glove crowdtesting approach to deliver tangible results for clients across three focus areas — getting closer to customers, increasing development velocity and delivering high-quality digital experiences. Key benefits of the joint solution include: Increased speed and scale to test in multiple geographies simultaneously Domain and subject matter experts available on demand Shorter user experience testing and feedback cycles with actionable results available in real time Clients are already leveraging the solution, with a leading US-based credit card company using it to launch a new card promotion. The promotion was built and hosted by Infosys, and then tested in eight cities by real client customers who were part of a vetted team managed by Applause. Within 10 days, the team identified misclassifications for 15% of

Tennis Radar: The Next Big Era, a report by the Infosys Knowledge Institute (IKI), the research and thought leadership arm of Infosys, a global leader in next-generation digital services and consulting found that tennis must embrace new inclusive experiences, powered by technology and analytics to engage the next generation of fans. The research surveyed 3,000 tennis fans globally and interviewed with prominent organisers, coaches, professional players, industry influencers and media. Infosys is the digital innovation partner of ATP Tour, Australian Open and Roland-Garros. The drive and need for access and inclusion Tennis participation has grown 10 percent globally in the last 5 years. Tennis has successfully expanded to and has reached new players and audiences across the globe. However, despite this new found reach, experts of the game suggest that there’s a large untapped pool who may never watch or play tennis because they think it’s “exclusive” and “difficult to play”. The report found that tennis

Trimble announced that it is partnering with Engineers Without Borders USA (EWB-USA) to expand the organization's efforts to provide engineering assistance in response to natural disasters worldwide. As part of this support, on the recommendation of Trimble Foundation—a donor-advised fund—a grant was made to EWB-USA. This grant will significantly grow EWB-USA's capacity to train and develop more qualified engineers in vulnerable regions and to scale EWB's disaster response, recovery and resilience engineering work worldwide. EWB-USA's engineering expertise is highly valued and utilized by major international aid organizations, such as the United Nations Development Programme (UNDP), in the aftermath of major natural disasters. EWB-USA provides crucial engineering aid in assessing damage, improving building standards and practices, and coordinating construction efforts to "Build Back Better." The Trimble Foundation funding will enable EWB-USA to significantly expand its disaster aid work by training and certifying more engineers and building local engineering capacity that can assist

Variantum are pleased to announce that we have signed a partnership agreement with Seligent Consulting. Variantum and Seligent Consulting will work in cooperation to provide PLM (Product Lifecycle Management) consultation. The partnership will enable both parties to improve the efficiency of client rollouts and integrations while creating the environment for further systems development. Variantum believes that any company should be able to easily sell the products that their customers want, regardless of the complexity. To do this, they have developed a modular system that complements existing systems and simplifies the product offerings across the whole product lifecycle. Doing so, allows greater visibility across the whole organisation allowing for more accurate pricing, improved product processes and a clear digital product offering.   Seligent Consulting is an international company with offices in Pune, India, Stockholm, Sweden and Washington DC in the USA. They have spent many years assisting customers from different Industries in implementing