French IT services company Capgemini is to acquire iGate in the U.S. for US$4.0 billion, in a bid to expand its presence in the North American market.

The deal will boost Capgemini’s revenue from North America by 33 percent to $4 billion, making the region the first to account for 30 percent of its revenue.

The iGate acquisition also brings to Capgemini additional expertise in application and infrastructure services, business process outsourcing and engineering services. Capgemini also gets iGate’s clients, including key customers such as General Electric and Royal Bank of Canada, to whom it can now cross-sell its own services.

After the...

Key takeaways:

Three transformational forces affect all industries—data (the what), cloud (the how), and engagement (the why)

An important value of the Internet of Things is found in gaining insight that leads to action

The Internet of Things generates a new scale of challenges—such as trusted devices and the need for security intelligence

IT can no longer add value programmatically—the IT economy is being shaped by a cognitive era

CIMdata recently attended IBM Analytics Day on April 9th, 2015 at the Museum of Natural History in New York City, where IBM issued its latest press release that...

Laserdyne’s new SmartPierce™ creates a clean pierce point that is the same diameter as the cut width. This eliminates splatter of molten material around the pierce location making for a consistent and smoother appearing entry point.

Using Laserdyne’s exclusive SmartPierce feature, the diameter of the pierce point is smaller than a conventional pierce point when controlled by the system software ensuring that it is the same width as the cut.

The SmartPierce capability is important in wide range of applications from thick to thin metal cutting. For example, in many medical devices, electronics and fine mechanics applications requiring...

CGS, a global provider of business applications, enterprise learning and outsourcing services, announces that its flagship BlueCherry® Enterprise Suite will now incorporate the Leadtec® shop floor control and Threadvine® wholesale solutions.

In response to the consumer lifestyle industry's trend toward the integration of business functions, an omnichannel business approach and a more seamless consumer experience, CGS has designed its BlueCherry portfolio around providing an end-to-end, comprehensive solution that can manage clients' complete concept-to-consumer processes. CGS has served the fashion, consumer lifestyle and sewn products industry with its flagship business solutions for more than 30 years, driving the fundamental business...

MODIS, Russia’s fastest growing value fashion retailer with sales exceeding 13 billion Rubles and 138 stores, chooses Tukatech systems to drive innovation and efficiency.

“2015 has been a challenging year with the Ruble losing nearly 50% of its value. In such challenging times Modis has decided to re-engineer its processes, roles, workflow and systems in order to combat inflation and improve customer service” comments Mike Mikkelborg, Commercial Director. “Tukatech’sTUKA3D virtual prototyping software, their consulting and implementation processes add value and benefits that will help Modis thrive through these challenging times. Our objective is to...

Faymonville, a manufacturer of trailers for special-purpose and heavy-duty trucking, relies on CIM DATABASE PLM to validate its product portfolio strategy. The company is therefore not only replacing its existing TDM system but also establishing new PLM apps like mBOM Manager, to provide optimal support for the product creation process from development through to production. Faymonville has been using CIM DATABASE PLM for an initial product series since the middle of 2014 and is now expanding rollout.

Faymonville AG, which is headquartered in Luxembourg, exports approximately 40% of its trailers to countries outside Europe. In 2014, the corporate group introduced CIM...

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PTC  today reported revenue for the second quarter of FY'15 of $314.1 million. Net income was$5.4 million or $0.05 per share, which compares to revenue of $328.7 million and net income of $43.8 million or $0.36 per share in the second quarter FY'14.

Second quarter FY'15 non-GAAP revenue was $315.3 million. Non-GAAP net income was $61.4 million or $0.53 per share, which compares to non-GAAP net income of $57.7 million or $0.48 per share, in the second quarter FY'14.

James Heppelmann, President and CEO said, "PTC had a solid second quarter. When adjusted for an increasing mix of subscription bookings and foreign currency depreciation, our analysis indicates software revenue would have increased 10% and non-GAAP earnings would have increased...

ManTech International Corporation today announced financial results for the first quarter of fiscal year 2015, which ended March 31, 2015.

"ManTech began the year with improved margin performance driven by strong direct labor delivery in support of critical missions," said ManTech Chairman and Chief Executive Officer George J. Pedersen. "We expect revenues to increase through acquisitions and new business awards with greater certainty around funding in our markets. Contract activity across the industry is starting to increase, and more high-quality companies are becoming available for acquisition. We are excited by the acquisition of Welkin Associates, Ltd., formerly a wholly-owned subsidiary of...

Fujitsu said Thursday that its annual net profit jumped 24 percent, as a weak yen boosted its bottom line although it expects profits to decline this year.

The sprawling Japanese information technology company posted a 140 billion yen ($1.2 billion) gain in the fiscal year to March, up from 113.2 billion yen a year earlier, while operating profit jumped 21.3 percent to 178.6 billion yen.

A fall in the Japanese currency helps make exporters more competitive overseas and inflates the value of repatriated profits.

But the company s full-year revenue came to 4.75 trillion yen, down 0.2 percent, as it took a hit in its home market, particularly in smartphones and personal computers,...

ZWSOFT drew a satisfactory conclusion to the conference part of its 2015 Global Partner Conference (GPC) in applauses and cheers, where ZWSOFT's company strategy, Expert Perspectives on CAD industry and future product and business strategies of ZWCAD and ZW3D were shared. In the Free Talk session, ZWSOFT partners further discussed to reach agreement upon the future roadmap of product and business, and the unforgettable night ended with ZWSOFT's big party.

Every year's Free Talk aims to provide partners a free talking space for product and business. This year is not exceptional and even more practical. For ZWCAD, to cope with challenges...