D-Wave Systems is designing and building the world's most advanced quantum computers with help from engineering simulation solutions from ANSYS (NASDAQ: ANSS). This next generation of supercomputers uses quantum mechanics to massively accelerate computation and has the potential to solve some of the most complex computing problems facing organizations today.

Conventional computer technology stores information as 0s and 1s, but a quantum computer uses qubits, which can be a 1 or a 0 or both at the same time. This enables quantum computers to consider and manipulate all combinations of bits simultaneously, making quantum computation powerful – and extremely fast.

Quantum computing...

Altair announced today that the company will present its solutions for embedded systems development at PCIM Europe taking place May 19-21, 2015 in Nuremberg, Germany. Technologies to be showcased include the VisSim™ 9.0 product suite, the latest release of Altair's powerful visual language for mathematical modeling, simulation, and model-based embedded systems development.  Live demonstrations and VisSim development thought leaders will be on-hand throughout the event (Booth 7-316) to present how VisSim 9.0 can accelerate model-based design of embedded systems. 

Released in March 2015, VisSim 9.0 provides an intuitive visual development environment for increased engineering productivity and broader support for...

Furla, the Italian fashion company of premium leather goods and accessories, has selected Centric Software to provide its product lifecycle management (PLM) software.

The company will use the Centric 8 PLM software for fashion, luxury, retail and consumer goods to help execute its international growth plan. Centric 8 will serve as a key component in Furla’s re-design of its product development and supply chain processes.

“The Centric PLM software will increase Furla’s efficiency by improving internal and external collaboration with the company’s manufacturing platform and suppliers. Deeper, more comprehensive collaboration among Furla’s style, merchandising and product development teams will assure that on-trend products...

China Nuclear Power Engineering Co., Ltd. has selected Teamcenter® software from Siemens’ product lifecycle management (PLM) software business to enhance efficiency in nuclear power plant design. CNPE will use Teamcenter to build a uniform and integrated engineering information management system that will serve as the definitive single source of digitalized design data for users across all disciplines, regions and departments. The Teamcenter system will enhance design management efficiency by facilitating instant access to accurate and current information across the CNPE enterprise, providing support for equipment purchasing, engineering installation and system debugging. By laying a solid foundation for delivering digital nuclear...

Geometric Ltd. announced its Q4 and annual results for FY 2014-2015 at the board meeting held today.

Highlights for financial year ended March 31, 2015 (FY15)

The Company’s consolidated revenues rose 0.9% to INR 11,053.01 Mn from INR 10,954.52 Mn last year

Dollar revenues stood at USD 180.61 Mn compared to USD 181.39 Mn in previous financial year

The Profit after Tax for the year stood at INR 551.63 Mn as against INR 462.43 Mn for FY14

EPS of INR 8.62 for the year as against INR 7.31 in FY14, an 18% YoY Increase

Recommended dividend of INR 2.50 on face value of INR...

 Cadence Design Systems, Inc. today announced results for the first quarter of fiscal year 2015. Cadence reported first quarter 2015 revenue of $411 million, compared to revenue of $379 million reported for the same period in 2014. On a GAAP basis, Cadence recognized net income of $36 million, or $0.12 per share on a diluted basis, in the first quarter of 2015, compared to net income of $33 million, or $0.11 per share on a diluted basis, for the same period in 2014.

Using the non-GAAP measure defined below, net income in the first quarter of 2015 was $72 million,...

CGTech will showcase its expanded range of software applications for the aerospace industry on stand Hall 2B, Stand F172, Booth 2, at the Paris Air Show, Le Bourget, Paris on June 15-19, 2015.

CGTech’s VERICUT is widely used in aerospace and defense to improve the efficiency of all types of CNC machine tools. VERICUT is CNC machine simulation, verification, and optimization software that enables users to eliminate the process of manually proving-out NC programs. VERICUT simulates all types of CNC machining, including multi axis milling, drilling and trimming of composite parts, water jet cutting, robotic machining and mill/turn centers. VERICUT...

SimScale today announced the SimScale for Startups Program for startup companies to develop their products better, faster and cheaper. Startup companies now have a way to get started with Computer Aided Engineering (CAE) simulation without making a commitment for thirty to fifty thousand dollars, which usually is cost-prohibitive. The announcement was made as part of a new startup campaign, in which SimScale also launched new online advertising and startup training programs.

“The startups that we are working with are creating a wide range of projects, including structural mechanics and thermodynamics designs.”

Startup companies will be eligible to receive full access to the...

PROSTEP AG of Darmstadt has signed a partnership agreement with the Japanese specialist for CAD-interoperability, ELYSIUM. The target of the partnership is, in addition to geometry, providing the users with the data translation and transfer service OpenDESC.com with the translation of the features and parametric information of their CAD models. Thus, for the first time, it will be possible to process translated data in all current CAD systems and return them to the production system using the same editing possibilities.

The offer is destined for companies who, in Joint Ventures or during globally distributed development projects, cooperate with partners using different...

Arena Solutions, today announced a strategic partnership with Q Point Technology to offer Q Point's Green Data Exchange (GDX) to Arena PLM users. GDX is the largest online exchange for compliance data, allowing companies to obtain RoHS, REACH, substance disclosure, and Conflict Minerals information from more than 10,000 suppliers worldwide.

"Compliance is a complex challenge that is only becoming more difficult for tech and medical device companies, as national and international governments alike, continue to add more regulations to adhere to," said Steve Chalgren, vice president of product management and strategy for Arena. "We're excited about this partnership with Q Point Technology,...