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Position Papers

Items filtered by date: April 2022 - CIMdata
Altair, a global leader in computational science and artificial intelligence (AI) that provides software and cloud solutions in the areas of simulation, high-performance computing (HPC), data analytics and AI, today released its financial results for the first quarter ended March 31, 2022. “Altair had a very strong first quarter 2022 with all our key metrics coming in above our guidance ranges,” said James Scapa, Founder, Chairman and Chief Executive Officer of Altair. “We deliver high value products and expertise to help our customers increase efficiency and competitiveness by driving smarter decisions with computational science and artificial intelligence, and our business momentum continues to be robust globally and across industry verticals.” “We’re off to a great start for the year, achieving all-time highs for software product revenue and total revenue in the first quarter 2022,” said Matt Brown, Chief Financial Officer of Altair. “Revenues and profit were ahead of expectations for the quarter, putting us in
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The findings from our sustainability survey are available for free download at http://bit.ly/2wCzaWb. (Registration Required) Find out what sustainability strategies and actions are being adopted by industrial companies. You can also learn more about the findings at the upcoming PLM Road Map & PDT Conference on May 24 & 25.
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Capgemini in Italy announced that it has extended its product & service design and strategic marketing capabilities with frog, part of Capgemini Invent. Located in Milan and Rome, frog teams in Italy, now including Doing[1]’s strong skillsets in brand strategy and customer experience, comprise 300 innovators, creatives, designers, data analysts, and business strategists, offering clients an end-to-end creative design expertiseto drive growth and orchestrate human-centric transformation. frog, part of Capgemini Invent, is a leading global creative consultancy, which has helped enable the development of technology and design milestones, working alongside many internationally renowned brands in financial services, consumer products, utilities, and telecommunications. frog’s locally based talent will strengthen Capgemini’s client offerings in Italy. In addition, Milan also houses the newly established Center of Excellence (CoE) for Design. The CoE team brings together specialist design capabilities across product and service design, with specific focus on convergent design (the intersection between physical, digital and spatial experiences). This reinforced positioning
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The Boards of Directors of LTI and Mindtree at their respective meetings approved a composite scheme of amalgamation of both these independently listed IT services companies under the Larsen & Toubro Group. The proposed integration will see LTI and Mindtree join strengths to create an efficient and scaled-up IT services provider exceeding $3.5 Bn. The transaction is subject to shareholder and regulatory approvals. Both LTI and Mindtree have delivered market leading financial performance and created value for shareholders. Given that recent industry shifts (e.g., prominence of large deals, preference for end-to-end offerings) are benefitting at-scale players, the two companies have decided that the time is appropriate to combine the strengths of both organizations to better serve the customers. Significant scale benefits are anticipated through LTI and Mindtree’s complementary strengths resulting in a stronger portfolio of offerings across verticals. Enhanced customer engagement and delivery model through industrialization of delivery and streamlined value-enabling processes
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A major global player in the fashion, automotive and furniture markets, Lectra designs industrial intelligence solutions – software, equipment, data and services – for brands, manufacturers and retailers. Lectra is equipping Bespoke Manufacturing Company (BMC) with its Gerber AccuMark® range of solutions and Gerber Z1 cutting machine for its manufacturing site in Phoenix, Arizona. A made-to-measure womenswear manufacturer, BMC is known for its revolutionary on-demand business model, providing customized garments through onshore production to improve sustainability and profitability. All products are sold prior to manufacturing, minimizing fabric waste and excess inventory, which greatly reduces costs. By adopting this model, BMC also gains agility in helping its customers respond to sudden changes in consumer demand, tastes, and preferences. "Our aim is to provide a viable alternative to the traditional supply chain by reducing manufacturing time from months to minutes," says J. Kirby Best, Chief Executive Officer, Bespoke Manufacturing Company. BMC has selected Lectra's Gerber Z1 cutter and
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Infor, the industry cloud company, announced that Italcol, Colombian pet food manufacturer, has selected Infor CloudSuite™ WMS as its software to improve inventory control. The warehouse management system also will help increase service quality, enhance resources, process information in real time for better decision making, and improve productivity indicators. The sale and implementation are being conducted by Cerca Technology, Infor’s channel partner specializing in improving supply chain processes. “Cerca Technology was selected due to its experience and knowledge of logistic processes, fundamental to fulfill Italcol’s goals in its distribution centers with Infor WMS,” states Ricardo Alberto Corredor, Italcol IT corporate manager. Italcol’s aim is to lead the pet food market in the region—by achieving three main goals with the Infor WMS project: Inventory accuracy, improving precision related to product reference and location, and obtaining exact product tracking, Improve staff productivity, following good practices to reduce operational costs, with fewer errors, and maximize space in the warehouse
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Medidata, a Dassault Systèmes company, announced that Ergomed’s Rare Disease Innovation CenterTM will leverage Medidata’s Patient Cloud, Intelligent Trials technologies, and Synthetic Control Arm to help sponsors reduce clinical trial timelines, optimize patient experiences, and bring effective rare disease therapies to market more quickly. Zizi Uzezi Imatorbhebhe, senior vice president, Global Strategy and Development, Head Rare Disease Innovation Center, Ergomed said, “Rare diseases impact more than 400 million people worldwide. Working with Medidata will help biotechnology and pharma sponsors take a comprehensive approach and leverage innovative approaches such as Patient Cloud and others to help sponsors and patients overcome barriers and challenges in the rare disease drug development.” Patient Cloud’s suite of powerful solutions increases patient engagement while reducing participation burdens, thereby enabling the Center to address a common challenge of enrolling patients with rare diseases in clinical trials. Built into the Medidata Clinical Cloud platform, Patient Cloud solutions combine Medidata’s leading clinical trial technology with unmatched
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Kinco, the glove manufacturing company, has selected Centric Software®’s Product Lifecycle Management (PLM) solution. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source and sell products such as apparel, footwear, sporting goods, furniture, home décor, cosmetics, food & beverage and luxury to achieve strategic and operational digital transformation goals. Based in Portland, Oregon and founded in 1975, Kinco is a second-generation family-owned company that produces premium gloves designed for everything from gardening, to snowmobiling, to thermal work gloves. They provide high quality and innovation at a fair price. Nicholas Pai is in Purchasing and Sourcing at Kinco. He describes the business for those not directly in it. “Making gloves is surprisingly technical. Shoes have a standard size measurement for the interior of the shoe. Pants have standardized sizing. Gloves can be trickier because each piece has to be hand sewn, which a lot of people don’t know.” He continues to explain
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Madison Gas and Electric (MGE)’s investment in its Wisconsin service territory dates back more than 150 years. To continue to deliver reliable energy and services to its 159,000 electric and 169,000 gas customers, the company is digitizing its operations with Oracle. As part of a larger ‘Enterprise Forward’ strategy, MGE recently implemented Oracle Utilities Customer to Meter, a complete customer information system (CIS) and advanced meter solution, and Oracle Fusion Cloud Customer Experience (CX). Based on the project’s success, MGE was recognized with the CS Week 2022 Expanding Excellence Award for “Best CIS Implementation” (LINK). Together with its new Oracle customer experience applications, MGE is working toward a unified view of its customers. The utility will continue to improve and streamline services and manage asset health and maintenance to reduce costs and risk through the final phase of the project, which will include Oracle Utilities Work and Asset Management (WAM) and long cycle construction work
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Atos announces the launch of “Atos Business Outcomes-as-a-Service” (Atos BOaaS), a 5G, edge and IoT offering developed in collaboration with Dell Technologies that brings the advantages of cloud architecture to the edge and far edge to deliver AI-based business value augmented with end-to-end automated deployment, monitoring and management. Edge computing has added complexity to digital systems, and IoT generates significant amounts of highly valuable data that remains untapped. Combining the expertise of Atos and Dell, Atos BOaaS will enable organizations to obtain meaningful, rapid and repeatable business outcomes out of IoT data streams and analytics and manage their IoT ecosystem from a single dashboard. Atos BOaaS brings to the market one of the most innovative AI applications at the edge, powered by Dell. Dell’s Streaming Data Platform creates reliable, fast and secure data pipelines from edge to cloud that enable analytics. Atos wraps up all the technology components with extra services into a full consumption
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