Industry Summary Articles

Tata Consultancy Services reported its consolidated financial results according to Ind AS and IFRS, for the quarter ending December 31, 2024. Highlights of the Quarter Ended December 31, 2024 Revenue at $7.54 billion, +3.6% YoY, +4.5% YoY in Constant Currency Operating Margin at 24.5%; a decline of 50 bps YoY*, sequential improvement of 40 bps Net Income at $1.46…

Centric Software® is pleased to announce that CIEBON, the fashion company has selected Centric PLM™ to boost collaboration and speed to market. Centric Software provides retailers and brands the most innovative end-to-end product lifecycle enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such…

Arctic Import has experienced significant growth in recent years and has taken several initiatives to keep up with this progress. The company is transitioning from an ERP-driven warehouse to a dedicated WMS solution, to optimize inventory management and reduce complexity. The choice fell on LOGIA WMS, which will now ensure…

Honda Motor Co., Ltd. and Renesas Electronics Corporation announced that they have signed an agreement to develop a high-performance system-on-chip (SoC) for software-defined vehicles (SDVs). The new SoC is designed to deliver leading-edge*1 AI performance of 2,000*2 TOPS combined with a world-class power efficiency of 20 TOPS/W, and is slated for use…

Qualtrics, the leader and creator of the experience management (XM) category, announced that Jollibee Group, one of the largest and fastest-growing restaurant companies in the world, has selected Qualtrics® to elevate customer experience for its brands that include Jollibee, The Coffee Bean and Tea Leaf, and Smashburger. “The multi-year agreement…

KION GROUP AG, the Supply Chain Solutions Company, is working with Accenture to optimize supply chains using NVIDIA’s advanced AI and simulation technologies. At the Consumer Electronics Show (CES) in Las Vegas, the three companies are showcasing1 how clients can both define ideal set-ups for new warehouses and continuously enhance existing…

Centric Software® is pleased to announce that Teway Food has successfully launched the second phase of its partnership with Centric PLM™. Centric Software provides the most innovative enterprise solutions to plan, formulate, develop, procure, manufacture and sell consumer goods products in food & beverage, grocery, fashion and multi-category retail to achieve…

Accenture has acquired a digital twin technology platform for banks developed by Percipient, a Singapore-based fintech company with deep experience in banking technology transformation. The acquisition enhances Accenture’s existing banking modernization capabilities, helping financial services clients in Asia Pacific accelerate the reinvention of their core systems, foster innovation and drive…

Aras, a leader in product lifecycle management (PLM) and digital thread solutions, announced that Don Cooper has joined the company as Vice President of Global Alliances. Don will play a pivotal role in driving the expansion of Aras’ partnerships and alliances. Don brings over 25 years of experience in the product development…

Siemens launched Siemens for Startups, a new program to empower early-stage engineering and manufacturing startups. Announced at CES 2025 in Las Vegas, the program will enable new innovative companies to accelerate innovation, streamline development processes and scale faster by providing venture-related services, while reducing the cost of access to Siemens…