ESI Group announced results for the first half of 2019.

ESI Group confirms the strength and resilience of its business model and demonstrates its capacity for growth, as it continues to execute on its transformation and the focus plan orchestrated by Cristel de Rouvray, Group CEO since February 1, 2019.

A virtuous cycle:  delivering growth and higher profitability

Revenue

Group revenue rose 3% to €54.8 million in the first half, boosted by positive exchange rates (0.4% at constant currency). Quarterly sales were up in comparison with the same periods in 2018, with...

Renesas Electronics Corporation will showcase its embedded solutions for endpoint intelligence in booth #6 1H, E202 at The 21st China International Industry Fair (CIIF 2019) in Shanghai, September 17-21, 2019. Renesas technical experts will demonstrate how the company is taking up the challenge to embed intelligence in every space to make life easier in smart factories and industrial automation applications.

“China is the world’s largest manufacturing market and is quickly transforming its factories into fully automated and interconnected smart factories to drive Industry 4.0,” said Tomomitsu Maoka, Senior Vice President of Renesas and Chairman of Renesas Electronics China. “Our microprocessor and...

At a media briefing hosted during its annual customer conference in Singapore today, AVEVA revealed customer validation of business advantage for industrial and capital intensive organizations who leverage digital transformation projects.

While finance, insurance, health and retail sectors have rapidly harnessed the Internet of Things, artificial intelligence and big data to meet the changing needs of their customers, the industrial world has been slower in adopting new technologies.

During AVEVA’s media session AVEVA’s CEO, Craig Hayman, alongside senior executives from Worley, leading provider of projects and expertise in engineering, procurement and construction, the Abu Dhabi National...

18 months on from completing its combination with Schneider Electric’s industrial software business AVEVA is positioned as the first company in the engineering and industrial software market to comprehensively address the end-to-end digital transformation imperatives with an integrated portfolio of solutions that deliver efficiency, unlock value and empower people across the lifecycle of capital assets and operational value chains.

AVEVA’s integrated portfolio capability harnesses the power of technologies such as artificial intelligence, extended reality (XR), digital twin and cloud computing, coupled with the rich functionality of its industry leading applications. This capability enables companies to realize capital project...

As part of the internal managerial transition process initiated in 2017 by Paul Hermelin, Chairman and CEO, the Board of Directors of Capgemini SE, meeting today, chose Aiman Ezzat, currently Chief Operating Officer, to succeed Paul Hermelin as CEO after the General Meeting of Shareholders scheduled for May 20, 2020.

The choice of the Board of Directors was unanimous following the joint proposal of the Chairman; the Ethics & Governance Committee headed by Pierre Pringuet, Lead Independent Director; and the ad hoc committee headed by Daniel Bernard, Vice-Chairman of the Board. The Board will also recommend during the...

Siemens is planning to acquire Process Systems Enterprise (PSE), a technology- leading global supplier of software and services for advanced process modelling. Advanced models are used within digital R&D, design and operations in the process industries to help make fast, safe and more efficient decisions through rapid and effective exploration of the decision space. PSE offers model-based solutions that span the entire process lifecycle via a unified and integrated set of tools. This provides a wide range of state-of-the-art model-based solutions that strongly complement the Siemens portfolio in the process industry sector and will also further strengthen Siemens' position as...

Siemens Digital Industries Software announces the latest release of the Simcenter™ Testlab™ software suite, designed to help engineers make quicker decisions by increasing productivity in testing scenarios through new capabilities. It has been specifically designed to offer test teams all the capabilities they need to innovate smart products under tight schedules. Now, test-based data is used not only for validation and certification, but also earlier in the development cycle, during simulation and design.  

The latest version introduces brand new technologies, as well as a series of functional enhancements. These include:

• To advance model-based development, model-based system testing uniquely closes the loop with simulation...

Oracle announced Oracle Cloud Free Tier, including new Always Free services for anyone to try the world’s first self-driving database and Oracle Cloud Infrastructure for an unlimited time. Now, organizations large and small, developers, students, and educators can build, learn, and explore the full functionality of Oracle Autonomous Database and Oracle Cloud Infrastructure, including Compute VMs, Block and Object Storage, and Load Balancer—all of the essentials for developers to build complete applications on Oracle Cloud. 

While other hyperscale cloud vendors provide a free 12-month trial of their relational database and then start charging, Oracle’s Always Free Autonomous Database remains free...

Rothy’s has selected Centric Software’s Product Lifecycle Management (PLM) solution for emerging enterprises, Centric SMB.

Founded in 2012, Rothy’s embraces sustainability in every aspect of its business: from materials to production to worker welfare. Rothy’s transforms recycled plastic water bottles into stylish shoes for women and kids using a seamless knitting process that minimizes waste, repurposing over 34 million discarded bottles to date.

Selling over one million pairs in 2018, Rothy’s generated $140 million in revenue last year and is rapidly scaling its operations and team. As Rothy’s expands its retail and international presence, managing...

Oracle Corporation announced fiscal 2020 Q1 results. Total Revenues were $9.2 billion, slightly higher in USD and up 2% in constant currency compared to Q1 last year. Cloud Services and License Support revenues were $6.8 billion, while Cloud License and On-Premise License revenues were $812 million.

GAAP Operating Income was up 4% to $2.9 billion and GAAP Operating Margin was 31%. Non-GAAP Operating Income was up 2% to $3.8 billion and non-GAAP Operating Margin was 42%. GAAP Net Income was $2.1 billion and non-GAAP Net Income was $2.8 billion. GAAP Earnings Per Share was up 11% to $0.63...