Wipro 's first quarter consolidated profit declined 3.7 percent sequentially to Rs 2,187.7 crore on lower other income and higher finance cost. However, quarterly revenue met street expectations. Revenue from IT services grew by 3 percent quarter-on-quarter to Rs 11,577 crore and dollar revenue increased by 1.1 percent to USD 1.79 billion. According to analysts polled by CNBC-TV18, revenue was estimated at Rs 11,331 crore and dollar revenue at USD 1.78 billion for the quarter. Dollar revenue growth in constant currency was 0.2 percent, which was within the company's guidance (0.5 percent degrowth to 1 percent growth over March quarter)....

Infor, the industry cloud company, today announced strong results for its fiscal 2015. Software license fees and subscriptions revenue increased 12 percent, with SaaS revenue up more than 60 percent in fiscal 2015, compared to the same period last year. SaaS bookings increased more than 300 percent as more than 45 million users now access Infor applications in the cloud in 96 different countries.

"The growth Infor is experiencing marks an inflection point for the company, where the heavy investments we've made in cloud software that meets unique industry needs with an elegant user experience are paying dividends," said...

EMC Corp. said second-quarter profit fell 17% and the data-storage company further reduced its full-year outlook as spending slowed in the company's traditional storage business.

Shares in EMC, down about 16% this year, fell 3.7% in premarket trading.

The Hopkinton, Mass., company now expects to report $1.87 in per-share profit this year, down from its last estimate of $1.91 a share, on $25.2 billion in sales, lower than its earlier estimate of $25.7 billion. Analysts have been expecting $1.90 a share on $25.6 billion in revenue, according to FactSet.

Chief Executive Joe Tucci, whose employment contract expired earlier this year, said that "while...

Dassault Systèmes today announced IFRS unaudited financial results for the second quarter and six months ended June 30, 2015. These results were reviewed by the Company’s Board of Directors on July 22, 2015. 

Summary Highlights

• Organic, constant currency new licenses revenue growth of 9% in Q2 and 11% in H1
• Good SIMULIA, DELMIA, EXALEAD and GEOVIA brands performance
• Q2 Asia non-IFRS revenue up 20% in constant currencies on strong demand across portfolio
• Strategic initiatives: Smart Cities, Additive Manufacturing, Multi-physics Simulation
• Upgrades 2015 Non-IFRS EPS Growth Objective: 18% (was 15-17% previously)

...

Arena Solutions today announced that the number of new enterprise deals closed in Q2 2015 grew 75 percent compared to the same period in 2014.

This figure demonstrates the continued strength and growth that Arena is experiencing in the enterprise sector. The need to connect to a wider array of global suppliers, ease of deployment and the desire for solutions that do not require additional hardware and IT resources continue to accelerate the demand for cloud PLM solutions.

In addition, as the number of enterprise transactions has grown, so has the demand for Arena's professional services, which were up 110...

NSK Europe, one of the world’s leading manufacturers of bearings and linear motion technology for all industrial sectors, explains why the company teamed up with TraceParts to publish the CAD models of its parts.

” We were looking for a 3D solution to develop our digital catalog on a European scale. In response to a request from one of our key accounts, we entered into a partnership with TraceParts to produce our component library, available in different market standards and CAD formats via our own website (NSK Europe – www.nskeurope.com) and via the TracePartsOnline.net portal.

 TraceParts’ worldwide presence and excellent search engine...

Tata Sons Group chairman Cyrus P. Mistry on Thursday laid the foundation stone for F.C. Kohli Centre on Intelligent Systems (KCIS).

It is being built by Tata Consultancy Services (TCS) with an investment of Rs.20 crore at International Institute of Information Technology, Hyderabad. Named after TCS’s first CEO F.C. Kohli, who is considered as father of India’s information technology industry, the centre will carry out high impact research in natural language processing, robotics and cognitive sciences. Terming it as memorable occasion, Mistry said it was good to see that two leaders in their fields — TCS and IIIT — have taken...

Dassault Systèmes today announced the launch of the SOLIDWORKS for Entrepreneurs Program that will give early-stage businesses access to a complete license of the powerful 3D design applications that help millions of engineers and designers succeed through innovation. Powered by Dassault Systèmes’ 3DEXPERIENCE platform, SOLIDWORKS applications deliver an intuitive experience in product design, simulation, publishing, data management and environmental impact assessment that accelerate design and manufacturing processes, while saving production time and costs.

By using SOLIDWORKS for their industrial design and manufacturing processes, entrepreneurs and incubators now have access to the most complete 3D solution, enabling them to innovate...

Dassault Systèmes today announced that it has partnered with the National Institute for Aviation Research (NIAR) to open an innovation center at Wichita State University (WSU) to advance the use of new technologies such as additive manufacturing that will shape the future of the aviation industry. 

The 3DEXPERIENCE Center will be part of WSU’s Innovation Campus. Wichita, Kansas is considered to be the epicenter of aerospace education; WSU ranks first in the United States in industry expenditures on aerospace research and development, according to the National Science Foundation.

The 3DEXPERIENCE Center will focus on enabling...

CIMdata, Inc., the leading global PLM strategic management consulting and research firm and Longview Advisors, Inc., organizer of 3D CIC announce the presentation topics for PLM Road Map for the Aerospace & Defense Industry featuring 3D CIC, to be held October 28-29 at The Westfields Marriott – Washington, Dulles.

PLM Road Map 2015 for the Aerospace & Defense (A&D) Industry featuring 3D CIC is the must-attend event for A&D industry executives and PLM practitioners globally—providing independent education and a collaborative networking environment where ideas, trends, experiences, and relationships critical to the A&D industry germinate and take root.

Day one of the event will...