Industry Summary Articles

NTT DATA, a global digital business and IT services leader, and ALLOYED LIMITED, renowned for world-leading metallurgical research and expertise in designing and manufacturing advanced metal parts using alloy design technology and 3D printers, have formed a capital alliance, effective July 23, 2024.

Additionally, capital operations were conducted between NTT DATA XAM Technologies Corporation (hereinafter referred to as "NTT DATA XAM Technologies"), which offers advanced manufacturing technology using 3D printers, and Alloyed. Through this alliance, NTT DATA XAM Technologies will enhance its technological capabilities, offer solutions to customers' challenges in the design and manufacture of high-tech components, and support business expansion....

L&T Technology Services Limited, a leading global digital engineering and R&D company, today announced the launch of the third annual Digital Engineering Awards, in association with Information Services Group (ISG), a leading global technology research and advisory firm, and business news channel CNBC TV18 in India.

The Digital Engineering Awards recognize and celebrate global engineering excellence and innovation. Nominations are open to all product companies, manufacturers, and OEMs worldwide.

Enterprises and their service providers are invited to submit nominations through September 23, 2024. Winners will be announced during a gala awards celebration on December 7, 2024, in Dallas, Texas, U.S.A.

The latest edition...

Dassault Systèmes and ASICS have jointly opened a studio in Paris to test a new service providing on-demand sockliners personalized for individual foot shape.

The ASICS Personalization Studio is an ultra-compact factory. The modular structure combines Dassault Systèmes’ 3DEXPERIENCE platform and virtual twin technology with ASICS’ proprietary technology in sports to offer on-site, on-demand manufacturing of shoe parts to meet the exact specifications of any user.

ASICS will leverage its proprietary know-how, supported by Dassault Systèmes’ modeling and simulation technology, to design the shape of sockliners based on individual foot shape data modeled and simulated on the 3DEXPERIENCE platform. Advanced 3D printing...

TECHNIA, the #1 knowledge leader in virtual twin solutions and digital engineering, today announced the release of myPLM 2.0. This latest version introduces significant improvements and innovative features designed to make the management and use of CAx environments more efficient and user-friendly.

myPLM accelerates the use of complex CAx environments such as CATIA V5, 3DEXPERIENCE, NX, and Creo, and enables the management of various customer-specific CAx versions, licenses, and additional products.

"myPLM 2.0 has taken a big step forward. The new user interface and the improved functions are very well received by users. The license traffic light and the notification system are...

Ansys 2024 R2 redefines the boundaries of product design by enabling customers to move beyond the limits of single-physics simulation to gain multidimensional insight into the performance of today’s complex products. R2 enhancements focused on accelerating run times, scaling capacity, enabling digital transformation, and providing hardware flexibility are making Ansys multiphysics simulations more accessible and powerful than ever before.

"Ansys 2024 R2 makes our portfolio deeper, broader, smarter, and more connected than it's ever been,” said Shane Emswiler, senior vice president of products at Ansys. "Customers rely on Ansys software that spans the entire range of physics and domains, from systems...

Tata Technologies, a leading global engineering and product development digital services company, has announced a strategic partnership with Arm aimed at driving innovation in software-defined vehicles (SDVs). Combining Tata Technologies’ rich automotive domain expertise and software capabilities with high-performance, power-efficient Arm^® Automotive Enhanced (AE) technologies, this partnership strives to reduce the development time of SDVs for automotive OEMs.

The automotive industry is transforming towards SDVs, driven by the growing demand for connected, autonomous, and electric vehicles. The evolution of SDVs demands sophisticated software seamlessly integrating with hardware to enhance functionality, safety, and user experiences. As part of this strategic partnership, Tata...

Keysight Technologies, Inc., has been recognized as one of the World’s Most Sustainable Companies in 2024 by TIME Magazine. Keysight was ranked 247th out of the world’s top 500 companies and 15th among the electronics, hardware and equipment industry, highlighting continued progress and industry-leading success in driving environmental, social, and governance (ESG) initiatives.

The recognition is the first of its kind for TIME Magazine and was conducted with Statista. Over 5,000 of the world’s largest and most influential companies from over 30 countries were assessed. The process involved an extensive analysis with each company evaluated on more than 20 key data...

DXC Technology a leading Fortune 500 global technology services provider, has been recognized by Newsweek as one of America’s Greatest Workplaces for 2024, reflecting the company’s ongoing commitment to employees as a place to learn, thrive, grow and stay engaged.

This recognition by Newsweek highlights DXC’s strong global workplace culture operating under the theme of “Grow Yourself.” This includes a strong hybrid work environment; reskilling and training programs; an employee recognition program; and an online learning platform. DXC also has an extensive and active Employee Resource Group infrastructure with over 20 groups and regional chapters in the Americas, Asia Pacific and...

Altair, a global leader in computational intelligence, has signed a memorandum of understanding (MoU) with the U.K.-based University of Nottingham for a digital twin project within the aerospace sector. The digital twin—set to be the first of its kind—will not merely be a technology demonstrator, but a fully-fledged solution the industry can use to rapidly design, validate, and test the electric propulsion systems of new aircraft or advanced air mobility (AAM) vehicles and/or to evaluate the retrofit of existing ones.

The agreement will give University of Nottingham researchers unlimited access to the Altair^® HyperWorks^® design and simulation and Altair^® RapidMiner^® data...

Siemens and BAE Systems have announced an agreement that will see the two businesses collaborate on innovation in engineering and manufacturing technologies embracing digital transformation, whilst leveraging digital capabilities throughout program lifecycles.

The five-year agreement is designed to explore and develop a strategic blueprint for engineering of the future and factory of the future capabilities across design and manufacturing disciplines within BAE Systems. This builds on and exploits the recent deployment of Siemens’ NX™ software for product engineering and Teamcenter® software for Product Lifecycle Management (PLM), from the Siemens Xcelerator portfolio of industry software. Edge computing solutions and technology validation have...