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Tata Consultancy Services (TCS) announced that its customer Great Southern Bank has won the Celent Model Bank 2023 Award for Open Banking. Compliance with Consumer Data Right (CDR) Act 2019 required Great Southern Bank to invest in technology that would enable sharing of customer account information with accredited data recipients upon request and with customer consent. The bank saw this as an opportunity to go beyond compliance and extend the project to build the foundation for their strategic enterprise data platform.

To drive its Open Banking program, the bank turned to TCS, its long-standing partner of over 13 years, which currently...

Altair, a global leader in computational science and artificial intelligence (AI), was honored as one of the 2023 Best Workplaces for Millennials by Fortune Media and Great Place To Work.

“This award is yet another testament to our outstanding organizational culture, which is created and reinforced by our employees around the world every single day,” said James R. Scapa, founder and chief executive officer, Altair. “I am incredibly proud of the diverse, positive, and validating environment we have at Altair. It is what truly sets us apart.”

“Congratulations to all of the Best Workplaces for Millennials finalists,” said Alyson Shontell,...

Tuesday, 25 July 2023 10:05

HxGN LIVE Global 2023 (Commentary)

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Existing clients & new prospects—value for everyone

Key Takeaways

  • Hexagon launches Nexus for Developers, enabling manufacturers to build innovative digital reality solutions for engineering and manufacturing.
  • Hexagon will connect their HxDR reality capture and Nexus Manufacturing platforms with NVIDIA Omniverse, a platform for developing and operating industrial metaverse applications.
  • Hexagon Manufacturing Intelligence launched a new automated robotic inspection solution, PRESTO, which enables manufacturers to reduce inspection time.
  • Hexagon’s HxDR powers Reality Cloud Studio—ushering automated Digital Reality to the cloud.

CIMdata attended Hexagon’s HxGN LIVE Global 2023, held in Las Vegas, Nevada, June 12 through 15, 2023.

Second Module of the 2023 PLM MAR Report Series

ANN ARBOR, Michigan, USA, 25 July 2023—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the release of the CIMdata PLM Industry Review and Trends Report, the second of five modules of the CIMdata 2023 Market Analysis Report Series (MAR). The MAR Series provides detailed information and in-depth analysis of the worldwide PLM market during 2022. It contains analyses of major trends and issues; revenues of leading PLM providers; and revenue analyses for geographical regions, industry sectors, and historical and projected data on market growth.

The 2023 PLM Industry...

ANN ARBOR, Michigan, USA 20 July 2023—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the release of a new whitepaper, Powering the Cloud Journey: Siemens and AWS. The whitepaper describes the expanded collaboration between Siemens Digital Industries Software and AWS to provide a cloud-based environment that includes a SaaS offering available from the Siemens Xcelerator open digital business platform powered by AWS. This will enable companies to digitally transform with increased flexibility, scalability, security, and accessibility.

According to Mr. Mark Reisig, CIMdata Executive Consultant with over 40 years of experience in a variety of industries and...

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How to Improve Your Go-to-Market Process & Maximize Profitability.

Key Takeaways

  • Consumer electronics products dominate our lives, from smartphones to smart home devices, wearable technologies, home appliances, power tools, e-bikes, e-toys, beauty devices, audio products, and medical devices.
  • Brand owners and retailers are under increased pressure to plan new product features and develop launch and promotion strategies. Unfortunately, most companies lack a seamless end-to-end process for commercialization, with departments typically working in silos and overly relying on spreadsheets, email, and legacy databases to support their work.
  • A more integrated approach to the commercialization of smart, connected products...

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AI-driven global collaboration.

At Realize Live 2023, strategic partners Siemens Digital Industries Software (Siemens) and Microsoft announced a new collaboration solution which integrates Microsoft Teams, Azure Open AI, and Siemens Teamcenter. A major problem facing companies is their ability to report problems quickly and accurately to those responsible for solving the problem. For example, many product quality issues go unreported because the person finding an issue has no practical way to communicate it to those responsible for addressing the problem. The Teamcenter within Teams solution effectively addresses this issue.

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From concept to ship design through operations and maintenance.

Key takeaways

  • Maritime lifecycles are complex and long. Eurostep has developed solutions that help maritime companies support the maritime lifecycle from conceptual design, construction, and throughout the operational maintenance of their ships and maritime products (e.g., oil rigs, etc.)—by gathering and linking the information that creates and supports the digital thread.
  • An important aspect of maritime lifecycle support is to develop and track the up-to-date configurations of individual ships, classes of ships and their systems and subsystems throughout their life, regardless of where they are at any...

The report focuses on overall PLM market results in China

ANN ARBOR, Michigan, USA18 July 2023—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the release of the CIMdata 2023 China PLM Market Analysis Report.

This report provides detailed information and an in-depth analysis of the People’s Republic of China’s (“China”) rapidly evolving PLM market for the calendar year 2022, with forecasts from 2023 through 2027. The report discusses the major PLM trends and issues, PLM purchase investments in software and services, PLM adoption in various industry sectors, and market growth forecasts that pertain to China, an important...

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Key Takeaways

  • Deputy CEO Pascal Daloz will take over as CEO on January 1, 2024, with Bernard Charlès remaining as Chairman of Dassault Systèmes.
  • The company is building out Virtual Twin Experiences and plans to offer them as a service in the future.
  • Acquisitions like Centric Software and Medidata are fueling growth.
  • Their long-time focus on model-based systems engineering (MBSE) is paying dividends beyond just its roots in aerospace & defense (A&D).
  • Dassault Systèmes is well-positioned for the emerging Industrial Metaverse.

CIMdata had the pleasure of attending the Dassault Systèmes Analyst Days in Paris, France, on May 30 and...

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Featured Cimdata Reports

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PLM-Enabled Digital Transformation Benefits Appraisal Guide

The Guide is designed to help potential PLM users evaluate the applicability and payoffs of PLM in their enterprise, and to help existing users of PLM monitor the impact it is having on their product programs.

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Aerospace & Defense PLM Action Group

A CIMdata administered PLM advocacy group for the A&D industry

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PLM Market Analysis Reports

The PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market. It contains analyses of major trends and issues, leading PLM providers, revenue analyses for geographical regions and industry sectors, and historical and projected data on market growth.

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These reports offer country-specific analyses of the PLM market. Their focus is on PLM investment and use in industrial markets. Reports cover Brazil, France, Germany, India, Italy, Japan, Russia, South Korea, the United Kingdom, and the United States.

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CIMdata's definitive guide to the worldwide CAM software and services market. This comprehensive report provides critical intelligence on market size, user expenditures, trends, and segmentation, alongside authoritative rankings of the top CAM solution providers and reseller revenues.