Industry Summary Articles

Kubotek Kosmos, a leader in engineering and manufacturing geometric software technology, announced the 7.0 major release of its Validate, Revision, Convert, and View products. These Model-based Definition (MBD) file utility programs utilize proprietary Kubotek Kosmos modeling technology to support high-fidelity sharing of critical 3D CAD and Product Manufacturing Information (PMI) data across the manufacturing supply…

PTC announced the release of its Codebeamer® 3.0 Application Lifecycle Management (ALM) solution, designed to enable companies to develop products faster, more sustainably, and with higher quality, as well as help ensure regulatory compliance. Faster: Codebeamer 3.0 introduces a modern branching method and scaled working sets that simplify collaboration between engineering teams and…

iBase-t, the global leader in cloud software for the Aerospace and Defense industry, announces Solumina ScanAI, powered by Solumina AI. Solumina ScanAI is a cutting-edge document digitization agent that streamlines the conversion of paper-based manufacturing records into structured digital data in the Solumina Manufacturing Operations Platform. As Aerospace and Defense manufacturers…

JDM Technology Group, a global leader in best-in-class software solutions has acquired Successware, a premier field service management software. This acquisition enhances JDM Technology Group’s portfolio and strengthens its presence in the North American market. Successware is known for its all-in-one business management software which helps home services companies improve…

Siemens announced that it has completed the acquisition of Altair Engineering Inc., a leading provider of software in the industrial simulation and analysis market, for an enterprise value of approximately USD 10 billion. With this acquisition, Siemens extends its leadership in simulation and industrial artificial intelligence (AI) by adding new…

Alphawave Semi, a global leader in high-speed connectivity and compute silicon for the world’s technology infrastructure, has revealed its portfolio of optoelectronics products addressing the high-speed interconnect semiconductor market, which is forecast to exceed US$4-billion by 2028. The portfolio consists of DSPs for PAM4 and emerging Coherent-lite modulation. These are…

Aras, a leader in product lifecycle management (PLM) and digital thread solutions, announced Aras InnovatorEdge, a low-code API management framework embedded in its flagship Aras Innovator® platform. This new offering simplifies API creation and integration, reducing the need for coding and development expertise. With Aras InnovatorEdge, organizations can securely extend…

Aurigo Software, the leading provider of capital planning and construction management software for infrastructure and private owners, announced that their flagship product suite, Aurigo Masterworks Cloud, has reached Authorized status on the Federal Risk and Authorization Management Program (FedRAMP®) marketplace. This milestone enables Aurigo to support the digital transformation of some of…

FARO® Technologies, Inc., a global leader in 3D measurement, imaging, and realization solutions, has unveiled significant enhancements to its FARO Zone software suite. FARO Zone 3D now offers three distinct packages, including the new 3D Expert Plus. This new package features capabilities such as integrated point cloud registration and a data-agnostic…

HCLTech, a leading global technology company, announced the launch of HCLTech Insight, an agentic AI-powered Industry Focused Repeatable Solution (IFRS) designed to equip manufacturers with advanced data insights and analytics capabilities. HCLTech used Google Cloud's Cortex Framework, Manufacturing Data Engine (MDE) platform, Vertex AI and Agentic Framework to build HCLTech Insight - an AI Agent that…