Industry Summary Articles

FCMS, a subsidiary of Contact Software, and the CAE specialist Tecosim are sharing their expertise to develop a new process solution for the transport industry. It is hoped that this new collaboration will speed up the early design process, and thus make virtual vehicle development even faster.

Contact Software specialises in product lifecycle management (PLM) software as well as product data management (PDM) and project management software. Ahead of the Product Innovation Congress in Munich next month, this new tie-up represents a further widening of the reach of PLM technology.

Ever more vehicle models are being launched on the...

Alain de Rouvray, ESI Group’s Chairman and CEO, comments: “This acquisition complements the recent integration of Picviz Labs (now ‘INENDI’) and its technology for big data mining. Combining INENDI’s data correlation detection with Mineset’s pattern recognition, and linking both to ESI Group’s Virtual Prototyping solutions, provides a new transformative process and source of value creation, particularly in the traditional Virtual Engineering domain.

While the exponential growth of the Information and Communication Technologies (‘ICT’) finds an accelerated usage in all economic domains, it also generates massive amounts of data (‘big data’). This trend imposes a critical pressure on industrialists confronted with the...

Key takeaways:

• PTC has invested hundreds of millions of dollars in IoT and this event showcased their progress in supporting real-world use cases
• The Thing Event highlighted the potential for companies in a range of industries to use big data/analytics powered by IoT and augmented reality to deliver innovative user experiences that bring product and lifecycle knowledge to the point of work where it is needed most
• Augmented reality allows people to use both physical and digital representations of their products, changing the way they can leverage all the information embedded in designs
• PTC is introducing...

Key takeaways:

• Global market leaders in multiple industries are rapidly expanding their strategic use of virtual prototyping and simulation starting early in the product development process to gain a competitive advantage via innovation, quality, and time to profit
• Product innovation platforms are emerging to meet the needs of next generation systems and product development in Industry 4.0- and the Internet of Things (IoT)-enabled environments
• ANSYS® is successfully integrating a spectrum of multi-physics analysis solutions across the domains of mechanical, electronics, and software engineering to enable systems-level conceptual design and optimization
• ANSYS 17.0 enhancements are focused on...

It was a big step for Advanced Innovative Engineering to invest in their first-ever CNC machine in Spring 2015. And they went straight in with a 5-axis Mazak, driven by the powerful, but simple to use, Edgecam CAD/CAM software.

Edgecam made it much easier than they imagined to produce complex, high precision components on a top end machine, just weeks after installing the technology for the first time.

Managing Director Nathan Bailey says: “We had no 5-axis machining experience, but felt the rewards would outweigh the risks. And it has considerably enhanced our in-house capabilities.”

The Staffordshire company...

Dassault Systèmes  today announced that DCNS has selected the 3DEXPERIENCE platform to pioneer a new era in the design, engineering, construction and lifecycle services of naval defense solutions.

DCNS will deploy the 3DEXPERIENCE platform to manage the entire lifecycle of its products, from new generation submarines to frigates, patrol vessels, aircraft carriers and landing platform docks (LPDs). From concept through engineering, to build, maintain and operations services for its customers, DCNS’s transformation will improve operational performance and competitive edge on a global scale.

The design and engineering of high-performing naval defense solutions require a...

Cognizant Technology Solutions Corporation announced its fourth quarter and full year 2015 financial results.

Highlights – Fourth Quarter 2015

• Quarterly revenue rose to $3.23 billion, up 17.9% from the year-ago quarter and 1.4% sequentially.
• Quarterly diluted EPS on a GAAP basis was $0.69, compared to $0.59 in the year-ago quarter.
• Quarterly diluted EPS on a non-GAAP basis was $0.80, compared to $0.67 in the year-ago quarter.
• Net headcount addition for the quarter was approximately 2,400 and year-end headcount was approximately 221,700.

Revenue for the fourth quarter of 2015 rose to $3.23 billion, up 17.9% from $2.74 billion in the fourth quarter of 2014. GAAP net income was $423.4 million,...