Industry Summary Articles

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,...

Valencia College received an in-kind software grant from Siemens PLM Software with an estimated commercial value of $63 million.

The in-kind grant gives students access to the same technology that companies around the world depend on every day to develop innovative products in a wide variety of industries, including automotive, aerospace, machinery, shipbuilding, high-tech electronics and many more.

Graduates with this type of software training are highly-recruited candidates for advanced technology jobs.

Valencia College will use the software in training students at its Advanced Manufacturing Training Center, which officially opened on February 2 in Osceola County. At the training...

AVEVA announced today that Fabricom Offshore Services, a leading provider of engineering, procurement, construction (EPC) and project management services to the oil and gas industry, is using AVEVA software for the brownfield modification of GDF Suez’s Cygnus Platform in 2016. Using both LFM Server™ and AVEVA Laser Model Interface™, Fabricom can economically capture the asset’s as-built configuration into the AVEVA 3D design environment. AVEVA’s 3D design modelling software will enable Fabricom to more easily create an accurate and complete 3D design to improve operation and maintenance efficiency for the platform for many years into the future.

"AVEVA software...

As the senior CAD/CAM partner for Nikken’s new European innovation centre, VISI software showcased their latest innovations and solutions at an Open House held there. 

Nikken, who are a leading supplier of elite precision engineering products around the world, held the ‘Experience X-Treme Machining’ Open House, over the course of three days from 2^nd – 4^th  February.

In the first of a series of Open House events, Nikken invited visitors to their brand new Innovation Centre Europe (NICe) which officially opened last year. The Centre, which is located on the Advanced Manufacturing Park in Rotherham, provides innovative...

3D Systems announced today that it will bring its full range of advanced manufacturing and healthcare solutions to Pacific Design & Manufacturing 2016, February 9 – 11, at the Anaheim Convention Center, Anaheim, CA, in booth 3712. Experts from 3D Systems’ on-demand parts manufacturing service, Quickparts^®, will be available throughout the show to help solve complex manufacturing problems and guide attendees through the company’s simple online quoting process.

Visitors to booth 3712 can explore 3D Systems’ transformative solutions for prototyping, production and healthcare applications, including:

• An extended range of materials for use in automotive and aerospace applications,...

Arena Solutions, the inventor of cloud-based product lifecycle management (PLM) applications, today announced that it has been recognized as "Supply Chain of the Year" by siliconindia, one of India's premier IT industry publications.

"Arena's unique suite of PLM and tightly integrated supply chain solutions resonate particularly well with those dealing with electronics supply chains in a high mix, high rate of change environment. Their deeply woven integration with the...

Centric Software announces that Scandinavia's leading tent and sleeping bag manufacturer, Helsport, has decided to adopt Centric Cloud, a new cloud-based, SaaS PLM solution specifically tailored with small businesses in mind. With an ultra-fast implementation, Centric Cloud is based on innovative technology and key industry learnings inspired by more than 125 PLM project implementations with leading fashion, consumer and sporting goods companies.

Helsport is a Norwegian family owned and run company, founded in 1951. From the very first sleeping bags developed in 1954, to the world’s first tunnel tent in 1970 and the lightest tents in the...

Dassault Systèmes today announced IFRS unaudited financial results for the fourth quarter and year ended December 31, 2015. These results were reviewed by the Company’s Board of Directors on February 3, 2016. 

Summary Highlights

(unaudited)

• Organic non-IFRS new licenses revenue up 11% in Q4 and FY ex FX
• Organic non-IFRS operating margin expansion of 120 basis points in FY
• 3DEXPERIENCE software revenue up 45% ex FX in Q4
• 2015 non-IFRS EPS up 24% to €2.25 with non-IFRS operating margin of 30.8%
• Net operating cash flow up 27% to €633 million for 2015
• Recurring software revenue 70%...

Cadence Design Systems, Inc. announced results for the fourth quarter and fiscal year 2015.

Cadence reported fourth quarter 2015 revenue of $441 million, compared to revenue of $423 million reported for the same period in 2014. On a GAAP basis, Cadence recognized net income of $80 million, or $0.26 per share on a diluted basis, in the fourth quarter of 2015, compared to net income of $65 million, or $0.21 per share on a diluted basis, for the same period in 2014. Revenue for 2015 totaled $1.702 billion, compared to revenue of $1.581 billion for 2014. Net income for...

CAD Technology Center (CTC) announced that Autodesk has promoted the firm to an Autodesk Platinum Tier Value Added Reseller (VAR). Only a small number of Autodesk Value Added Resellers worldwide have achieved Platinum Tier status.

The Autodesk Platinum Partner designation indicates a significant investment in consulting and development services. CTC has demonstrated an ability to deliver the highest level of solution expertise, service, support, and customer satisfaction. CAD Technology Center works closely with Autodesk to help customers design, simulate and analyze their ideas, increase operational efficiencies and maximize their return on investment in Autodesk software solutions.

“We...