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Position Papers

Items filtered by date: April 2022 - CIMdata
PROS Holdings, Inc., a market-leading provider of SaaS solutions optimizing shopping and selling experiences, today announced financial results for the first quarter ended March 31, 2022. “I’m proud of our team for delivering a strong start to 2022, evident by the fact that we more than doubled our deal count year-over-year in the first quarter,” stated CEO Andres Reiner. “Our solutions are mission critical to businesses looking to manage inflation and accelerate revenue growth in today’s economy. The innovations we’ve brought to market, coupled with the investments we’ve made in our people, position us well to capitalize on the large market opportunity in front of us.” First Quarter 2022 Financial Highlights Key financial results for the first quarter 2022 are shown below. Throughout this press release all dollar figures are in millions, except net loss per share. Unless otherwise noted, all results are on a reported basis and are compared with the prior-year period.     GAAP   Non-GAAP     Q1
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Rockwell Automation, Inc. reported second quarter fiscal 2022 results. "Despite a volatile global supply chain environment that impacted sales in the quarter, we continued to see extremely strong demand in all key end markets and regions around the world," said Blake Moret, Chairman and CEO. Fiscal 2022 Q2 Financial Results Fiscal 2022 second quarter sales were $1,808 million, up 1.8% from $1,776 million in the second quarter of fiscal 2021. Organic sales increased 1.3%, currency translation decreased sales by 1.8%, and acquisitions increased sales by 2.3%. Fiscal 2022 second quarter net income attributable to Rockwell Automation was $53.9 million or $0.46 per share, compared to $415 million or $3.54 per share in the second quarter of fiscal 2021. The decreases in net income attributable to Rockwell Automation and Diluted EPS are primarily due to fair value adjustments recognized in fiscal 2022 and fiscal 2021 in connection with our investment in PTC (the "PTC
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Trace Software International is pleased to announce a cooperation between the photovoltaic design and simulation software archelios™ Pro and the mechanical software K2 Base, designed by K2 Systems. archelios™ Pro is used to size any type of solar project from a few kWp to several tens of MWp, on a roof, in a shade or on the ground. Developed by Cythelia Energy – Trace Software’s solar subsidiary – archelios™ Pro enables the automatic import of PV projects carried out in the K2 Base PV application designed by K2 System, a major player in the manufacture of mounting systems for photovoltaic installations. K2 Base enables fast and easy planning of the appropriate mounting system in only five steps. The free software has the K2+ interface, which combines and simplifies the mechanical and electrical planning of PV systems. Once the mounting system has been designed, the user transfers all project data to the other software with a single click. With the automatic export to archelios™ Pro, the user retrieves all the geometrical, mechanical, and module parameters of the
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ESI Group, a global simulation and virtual prototyping software partner for industry, announces the open-source release of its Inspector software; an opening for the scientific community, industrial collaboration, and innovation. Inspector is a visual and interactive data exploration software that can analyze a large volume of data to extract useful information that can be applied in the following contexts: predictive maintenance, cybersecurity, control, and analysis of machine learning algorithms. By making Inspector software available to as many people as possible, ESI Group continues its commitment to the industrial and academic ecosystems, offering them the possibility of working on a reliable and customizable solution to meet the technical challenges and specific needs of the community. ENSAM (Ecole Nationale Supérieure d'Arts et Métiers) will lead the development and expansion of Inspector, as part of the continuum of sponsorship and co-creation activities already in progress between ESI Group and ENSAM. This collaboration has been reinforced with
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MathWorks has expanded its support for the next generation of entrepreneurs striving to turn their technical ideas into reality: The company now offers tech startups access to a pair of standard suites containing MATLAB®, Simulink®, and more than 100 industry-specific toolboxes at a startup-friendly price. The Suites for Startups provide a full stack of development tools for design and simulation, test and code generation.  Besides licenses for MATLAB, Simulink and related add-on products, the suites also include training options in local languages as well as technical support from MathWorks experts who are ready to guide users from idea to deployment. Users can also take advantage of the MathWorks startup promotion program to spread the word about their product and services. “We’ve worked with thousands of startups and know using the best tools helps companies succeed faster and with less risk,” says David Rich, Director of MATLAB Product Marketing. “The new startup suites ensure engineers
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Novus Nexus announced the upcoming availability of CAENexus R2, an abstract model-based pre-processor for quick and intuitive simulation automation. CAENexus R2 introduces modular abstract models, offering new ways to flexibly adjust the purpose of automated simulations. “From the beginning, our users enjoyed the full benefits of automated pre-processing, like results that are always comparable and efficient use of best practices,” says Bruce Webster, CEO at Novus Nexus. “Our new release gives them more flexibility to use the same physics template and easily adjust for different goals and use cases.” New features and improvements of CAENexus R2 include: Modular abstract models which let users combine a best-practice simulation set-up (physics) with varying mesh specifications and/or loads or boundary conditions. This allows one to quickly tune an automated simulation process for faster simulation turn-around in early design phases or best accuracy for final validation. Loads and boundary conditions can be selected depending on broadly varying
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Plataine, a leading provider of AI-based optimization solutions for advanced manufacturing, announced a Try & Buy package for its Time Sensitive Material Management software solution. The cloud software automatically manages time sensitive material ensuring higher quality while avoiding rework and material waste. The application provides complete visibility of inventory and real-time tracking of time sensitive material properties such as remaining shelf-life and exposure times. Plataine’s Time Sensitive Material Manager provides an easy-to-use cloud software to track and manage material and assets in real-time, eliminating the dependency on paper and manual processes. The Try & Buy package will provide advanced manufacturers a sneak peek into the future of digital manufacturing with zero risk or downtime. The software simplifies and accelerates the way time and temperature sensitive materials are tracked and managed, allowing composite manufacturers full visibility and control over their inventory. The application automatically tracks remaining shelf-life and expiration, then optimally assigns the right material to the
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PTC launched the ninth version of its Creo® market-leading computer-aided design (CAD) software. Creo 9 helps engineers deliver their best product designs in less time and encourages innovation with emerging technologies such as generative design, real-time simulation, and additive manufacturing. Creo 9 brings engineers updates to:   Usability and Productivity: Investments across the core modeling environment focus on usability and productivity, including updates to the model tree to make it faster to structure, document, and understand design intent, and a new function for dividing surfaces to improve analysis and product definition. More Powerful Simulation and Generative Design Capabilities: Advanced multi-physics from Ansys have been integrated into the Creo simulation portfolio. PTC's industry-leading generative design technology also adds important new capabilities empowering engineers to define optimization studies with designed-in safety factors and natural frequency limits. Model-Based Definition (MBD) and Detailing Improvements: Continued investment in model-based product design, especially in surface finishing and welds, means that users can
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Since 1992 Datakit's unique business is to provide solutions for reading and writing detailed 2D and 3D technical data. The release 2022.2 of Datakit’s conversion toolkits brings hundreds of improvements and allows to read and write new 2D and 3D formats Peace of mind Software publishers, specialized application developers, and manufacturers will integrate Datakit toolkit to cut development or update time, improve security and grant quality of technical data conversions. Innovation partner Through the extent of its technical data conversion know-how, Datakit has become a key partner in software innovation in the fields of CAD/CAM, visualization, virtual reality, metrology, BIM, product lifecycle management, ERP, etc. Long-lasting continuous improvement To stay as close as possible to market expectations and their evolution, Datakit has published a new release of its 2D and 3D technical data exchange utilities every quarter for nearly 30 years. Datakit V2022.2 Like all previous releases, version V2022.2 brings hundreds of improvements for
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Aspen Technology, Inc., a global leader in asset optimization software, announced that it has expanded its 12 year partnership with St1 Refinery AB, part of St1 Nordic Oy Group. The refinery, situated in Gothenburg, Sweden, is deploying AspenTech solutions to provide a vertically integrated set of production optimization solutions - from operational planning to real time control of critical equipment. This will allow an increase in operating margins while improving energy efficiency and thereby reducing CO2emissions. St1 produces and invests in sustainable energy production in various areas, together with investments in energy transition of its traditional refinery. It has a long term advanced renewable fuels strategy which includes biorefineries, one is currently under construction at the Gothenburg refinery. A long-term user of AspenTech's Planning & Scheduling solutions, St1 recently migrated to Aspen Unified PIMS and have now agreed to extend the partnership with the deployment of AspenTech’s advanced process control software Aspen DMC3™ and its dynamic optimization software,
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