Industry Summary Articles

Propel, creator of the first product value management (PVM) platform to transform how businesses create, market, sell, and service products, today announced availability of its Summer 2025 release. The second of three major software releases in 2025 delivers robust automation to customers with seamless workflows that streamline daily tasks for…

The Nemetschek Group, a global provider of software solutions for the construction and media industries, continued its very strong and profitable growth in the second quarter of 2025. The dynamic development is driven, on the one hand, by the Design segment, which, in addition to its good operational performance, once…

PTC reported financial results for its third fiscal quarter ended June 30, 2025. "Q3 was another solid quarter of execution for PTC. Our strategy of enabling product data foundations and extending the value of that data across the enterprise is resonating with customers across our verticals and geographies," said Neil Barua,…

Aurigo Software, the leading provider of capital planning and construction management software for public infrastructure and private owners, announced that it has entered into a multiyear contract with the South Dakota Department of Transportation (SDDOT). Aurigo’s flagship product suite, Masterworks, will provide the agency with a centralized platform to manage various…

Siemens Digital Industries Software announced that Nidec Corporation, a Japanese manufacturer and distributor of electric motors, has adopted Teamcenter® X software from the Siemens Xcelerator portfolio of industry software to achieve innovative motor development and supply to set new industry standards, including automotive.  Nidec will implement both Product Lifecycle Management…

Siemens Digital Industries Software announced that Teamcenter® Semiconductor Lifecycle Management (SLCM) software was adopted by Rapidus Corporation. Teamcenter SLCM and a data-driven development approach will help Rapidus to seamlessly connect design, development, manufacturing preparation, testing and quality management - including quality improvement and business productivity and to become the fastest…

Simulations Plus, Inc. (“Simulations Plus”), a leading provider of cheminformatics, biosimulation, simulation-enabled performance and intelligence solutions, and medical communications to the biopharma industry, announced that experimental results of its artificial intelligence-driven drug design (AIDD) collaboration with the Institute of Medical Biology of the Polish Academy of Sciences (IMB PAS) have…

The Digital Twin Consortium® (DTC™) announced that Lucid Technologies Corporation (Lucid TC™), a pioneering technology company dedicated to advanced digital twin solutions, has joined the consortium. Lucid TC brings its expertise in building powerful developer-friendly technologies for creating highly customized, in-memory, graph-based digital twins to significantly contribute to the DTC’s mission of…

In alignment with the company’s strategic growth initiatives to support projected expansion in the manufacturing industry, the management team at Okuma America Corporation has expanded its executive leadership group to include the new role of Senior Vice President of Corporate Strategy. Mr. Dominick Patriarca has been appointed to the new…

PTC announced that it is expanding the scope of its collaboration with NVIDIA, the world leader in accelerated computing. PTC is integrating NVIDIA Omniverse technologies into its Creo® computer-aided design (CAD) and Windchill® product lifecycle management (PLM) solutions to transform how manufacturers and product companies design, simulate, and collaborate on complex products — including…