Industry Summary Articles

FARO® Technologies, Inc., a global leader in 4D digital reality solutions, announced its financial results for the fourth quarter and full year ended December 31, 2024. “We are proud to conclude the year with strong momentum, surpassing targets across all of our metrics in the fourth quarter and achieving a decade-high…

JBT Marel Corporation, a leading global technology solutions provider to high-value segments of the food & beverage industry, reported JBT standalone results for the fourth quarter and full year 2024, provided highlights for Marel's standalone full year 2024 results, and established 2025 guidance for JBT Marel. JBT standalone results and…

Xometry, Inc., the global AI-powered marketplace connecting buyers with suppliers of manufacturing services, reported financial results for the fourth quarter and full year ended December 31, 2024. “Our AI powered marketplace continues to gain share and deliver record financial results,” said Randy Altschuler, Xometry’s CEO. “In Q4, we delivered stronger-than-expected…

MongoDB, Inc., the leading database for modern applications, announced it has acquired Voyage AI, a pioneer in state-of-the-art embedding and reranking models that power next-generation AI applications. Integrating Voyage AI’s technology with MongoDB will enable organizations to easily build trustworthy, AI-powered applications by offering highly accurate and relevant information retrieval…

Logility Supply Chain Solutions, Inc. (“Logility” or the “Company”), a leader in AI-first supply chain planning software, reported its third quarter fiscal year 2025 financial results. Proposed Transaction with Aptean, Inc. (“Aptean”) On January 24, 2025, Logility announced that Aptean, a global provider of mission-critical enterprise software solutions, had entered…

Mott MacDonald Bentley (MMB) has signed a new agreement with OpenSpace, the global leader in 360° reality capture, to expand its usage of AI-powered reality capture across the UK. With OpenSpace, MMB can operate more efficiently and with less risk. The reality capture and AI-powered technology stitches images together and pins them…

SENEC’s battery storage systems, photovoltaic panels, and wallboxes enable private households to generate and use their own electricity. The company now leverages CIM Database Cloud from CONTACT Software to enhance efficiency in product development. Intelligent energy and storage solutions turn private households into electricity producers that contribute to the transition…

EON Reality, the world leader in AI-assisted Virtual Reality and Augmented Reality-based knowledge transfer for industry and education, is proud to announce the launch of its Photorealistic XR Avatars—a revolutionary advancement in how learners, educators, and professionals engage in immersive experiences. This cutting-edge technology combines lifelike 3D modeling, advanced AI, and…

EON Reality, the world leader in AI-assisted Virtual Reality and Augmented Reality-based knowledge transfer for industry and education, is excited to announce the launch of its cutting-edge Mood & Room Interpretation App, an AI-powered solution designed to enhance emotional intelligence and role-play training through real-time analysis of a user’s surroundings and mood. By combining Sherlock Holmes-inspired observation with Freudian…

MasterControl, a leading provider of quality management and next-generation manufacturing execution software for life sciences, announced general availability release of its AI-powered Document Summarizer. The new offering empowers quality teams to streamline and strengthen their documentation processes, helping organizations maintain regulatory compliance and save hours of work while upholding the…