Infosys reported on Tuesday a 5% increase in quarterly net profit, bolstered by a surge in demand for IT outsourcing services from clients in the United States, its biggest market.

Infosys consolidated net profit to Rs 3,030 crore for the June quarter, up from Rs 2,886 crore a year ago. Consolidated revenue for the quarter was up 12.4% to Rs 14,354 crore, from Rs 12,770 crore in April-June, 2014.

The company has projected a positive outlook for the company in the financial year ending March 2016. It expects to rake in a revenues growth of 10%-12% in constant currency and 11.5%-13.5% in...

Summary of the second quarter, April – June 2015

• Net sales amounted to SEK 387.3 M (371.3), up 4 percent.
• EBITA amounted to SEK 25.0 M (28.3), an EBITA margin of 6.5 percent (7.6). Operating profit amounted to SEK 15.2 M (19.5), an operating margin of 3.9 percent (5.3). 1)
• Profit after tax amounted to SEK 8.7 M (14.4).
• Earnings per share after dilution amounted to SEK 0.29 (0.49).
• Cash flow from operating activities amounted to SEK 23.3 M (13.9).
• The Swedish Social Insurance Inspectorate selected e-service from Ida Infront.
• New Business Area...

ICAM Technologies Corp. and SIEMENS have signed a PLM Solution Partner Program Agreement allowing SIEMENS to extend and enhance its product suite by offering ICAM’s best-in-class Adaptive Post-Processing™ solution integrated within NX CAM.
Under the terms of this agreement, ICAM has developed a complete graphical user interface to NX CAM and its database allowing for the full integration of ICAM’s Adaptive Post-Processing™ solution within NX CAM. Doing this now provides a familiar and efficient environment for NC programmers to concurrently post-process, optimize tool-path and verify G-code, all within NX CAM and in one simple process.

Adaptive Post-Processing™ is new technology developed...

CD-adapco, the largest privately held CFD-focused provider of Computer Aided Engineering software, announced today the launch of STAR Academy, its innovative in-classroom and online training platform to help customers learn how to use CD-adapco simulation software in their CAE multidisciplinary engineering activities. STAR Academy can be accessed through the Steve Portal, CD-adapco’s online support environment.

STAR Academy is a revolutionary new online educational environment that allows engineers to master the use of CD-adapco’s products from the comfort of their desks. STAR Academy offers...

Synopsys, Inc.has completed its acquisition of certain assets of Quotium (NYSE Euronext: QTE), including the Seeker® product and R&D team. The asset acquisition adds talent and technology that will accelerate Synopsys' efforts in the software application security market and extend the company's Coverity® platform with interactive application security testing (IAST) functionality.

The Seeker solution helps businesses find high-risk security weaknesses while fostering collaboration between development and security teams. It exposes vulnerable code and ties it directly to business impact and exploitation scenarios, providing a clear explanation of risks. By accelerating adoption of security testing technologies into the software development lifecycle...

CIMdata, Inc., the leading global PLM strategic management consulting and research firm announces that Dr. Svetlana Dimovski, BASF Corporation’s Senior Manager for Innovation Excellence, will make a presentation at CIMdata’s Social Product Development & Collaboration Knowledge Council Workshop. The workshop will take place in Louisville, Kentucky on October 7-8. In addition to Dr. Dimovski’s presentation, the workshop will feature presentations from Local Motors and GE Appliances.

Dr. Dimovski’s presentation, Unleashing Innovation with External Partners: From a Corporate Initiative to a Global Movement, will take a look at how large, established companies continuously innovate, and preserve tradition while reinventing the way they...

Global design software developer Nemetschek Vectorworks, Inc., a member of the National Association of Landscape Professionals (NALP), will participate in today’s Renewal & Remembrance event at Arlington National Cemetery. This annual event brings members from across the U.S. together to improve the grounds of the historic cemetery.

Entering its 19th year, Renewal & Remembrance is the largest landscape industry day of service in the country. The event is organized by the NALP (formerly the Professional Landcare Network), a lawn and landscape association representing more than 100,000 industry professionals who create and maintain healthy green spaces. Each year, the NALP coordinates hundreds...

Proto Labs Inc has teamed up with Autodesk to provide easy access to Proto Labs’ online quoting system directly within Autodesk’s Fusion 360. This software integration will go live with a late-July release of the Fusion 360 application update.

“This is the first step in what we expect to be a successful combination of our tech-driven manufacturing services and Autodesk’s advanced Fusion 360 CAD software,” says Proto Labs’ VP and GM of the Americas, Rob Bodor. “We want to give product designers and engineers increasingly easy access to pricing and part analysis so they can quickly manufacture parts...

HOLZ-HER's new CAD/CAM software 3D-Master, can control CNC machining centers with 3 to 5 axes and was developed from scratch to meet the demands for machining wood and synthetic materials.

 The CAD feature in the software provides all standard drafting functions, allowing simple creation of two-dimensional as well as three-dimensional objects. These work pieces can then be assigned to the required processing stages and tools in the CAM section. Then the cutting paths along the surface of the work piece are calculated automatically as rough-cutting and finish cutting cycles. This software is distinguished by the significant advantages of full integration of...

Fisher Unitech, LLC, a leading reseller of 3D printing and engineering software and services, recently announced its expansion into the hobbyist 3D printing market with the addition of Makerbot to its product portfolio. Fisher Unitech has been one of the top Stratasys professional 3D printing resellers in the world for over 18 years, and the addition of Makerbot greatly expands the types of individuals they are able to assist.

“We are excited to start offering MakerBot printers,” said Nick Licari, 3D Printing Services Manager at Fisher Unitech. “The addition of the MakerBot line really completes the range of 3D printing products...