Industry Summary Articles

BETA CAE Systems announces the release of SPDRM 2025.1.1. This version delivers a number of enhancements and fixes to the users of the most advanced Simulation Process Data and Resources Management software. Enhancements in SPDRM 2025.1.1 Process Design / Execution A new capability has been added that allows MxN slots…

IFS Copperleaf has launched IFS Copperleaf Strategy, a game changing AI-powered decision-support engine that enables executives and finance leaders to accurately evaluate whether planned capital investments will achieve strategic goals. C-Suite executives and financial planning teams will be able to assess investment performance across multiple scenarios, evaluating risk exposure, and dynamically…

Infosys, a global leader in next-generation digital services and consulting, has developed an AI Agent designed to digitally transform operations in the energy sector. This productivity solution leverages Infosys Topaz, an AI-first offering using generative AI technologies, Infosys Cobalt, a set of services, solutions and platforms for enterprises to accelerate their cloud…

Tech Soft 3D, the world leader in providing engineering software development toolkits (SDKs), officially launches HOOPS AI, the first framework purpose-built to unlock AI and machine learning for CAD data. Built for data scientists and machine learning engineers, HOOPS AI unifies CAD access, dataset preparation, and encoding, providing the fastest path from…

PTC and TPG, a leading global alternative asset management firm, announced a definitive agreement under which TPG will acquire PTC’s Kepware® industrial connectivity and ThingWorx® Internet of Things (IoT) businesses (the “businesses”). The transaction would provide the businesses with additional capital and expertise to accelerate growth and further their leadership to meet…

LeverX, a Global System Integrator and long-standing SAP partner, has officially opened our LeverX AppHaus Miami, a new innovation space designed to foster co-creation, design thinking, and digital transformation across the Americas.  The Miami location is LeverX’s second AppHaus to join the global SAP AppHaus Network, after its successful debut…

The Nemetschek Group, a leading global provider of software solutions for the AEC/O (Architecture, Engineering, Construction & Operations) and media industries, and Takenaka, one of Japan’s largest and most respected AEC companies, signed a comprehensive Memorandum of Understanding (MoU). It focuses on advancing digital transformation and AI-driven innovative solutions in the construction industry.…

Newforma, a global leader in project and information management for the architecture, engineering, construction, and owner (AECO) industry, has partnered with ReluTech and Amazon Web Services (AWS) to unveil a transformative Server Buyback Program for Project Center clients. This initiative marks a pivotal milestone in Newforma’s commitment to drive innovation…

Planera, the leader in visual collaborative scheduling for construction, announced the appointment of Matt Burness as Head of Product and Mark Baracani as Advisor, further expanding the company’s bench of seasoned construction technology and industry leaders. The additions come on the heels of Planera’s recent announcement of $8 million in…

Tech Soft 3D, a global leader in engineering software toolkits and 3D data conversion and visualization solutions, today announced the appointment of Robbie Payne as Chief Executive Officer, effective November 3. Payne succeeds founder Ron Fritz, who will transition to Executive Chairman where he will help guide strategic direction and…