Industry Summary Articles

Hexagon AB announces that the Board of Directors has authorised management to evaluate a potential separation of its Asset Lifecycle Intelligence (ALI) business (“NewCo”) by way of a Lex Asea distribution (or “spin-off”) to its shareholders. Hexagon is evaluating listing options for NewCo in the U.S. and Sweden. NewCo is…

Infosys, a global leader in next-generation digital services and consulting, strengthened its collaboration with Meta, a multinational technology company, to drive innovation in generative AI through open-source initiatives. Infosys is a strong proponent of open-source software and remains steadfast in its commitment to democratizing AI. Leveraging Meta’s Llama stack, a family of open-source…

&T Technology Services Limited, a global digital engineering and R&D services company, is proud to announce the grand opening of its state-of-the-art LTTS Experience Zone at its design hub in Bengaluru benefitting customers in segments like Mobility and Tech. This AI-driven LTTS Experience Zone, leveraging the NVIDIA AI platform, is set to serve clients in the…

Siemens is revolutionizing industrial automation with Microsoft. Through their collaboration, they have taken the Siemens Industrial Copilot to the next level, enabling it to handle the most demanding environments at scale. Combining Siemens’ unique domain know-how across industries with Microsoft Azure OpenAI Service, the Copilot further improves handling of rigorous…

Ansys was recognized at the TSMC 2024 Open Innovation Platform® (OIP) Partner of the Year awards for excellence in design enablement for AI, HPC, and photonics silicon systems. The awards honor TSMC OIP ecosystem partners and their contributions to innovation in next-generation 3D integrated circuit (3D-IC) design and enablement. Ansys received four…

UNDERLYING ORGANIC GROWTH AND ROBUST EARNINGS IMPROVEMENT“The third quarter of 2024 was a strong quarter for Addnode Group, with underlying organic growth. EBITA improved by 52 percent to SEK 200 m and earnings per share increased by 181 percent to SEK 0.73. Although the economic situation was characterized by uncertainty,…

Third quarter 2024 -2 per cent organic revenue growth (using fixed exchange rates and a comparable group structure) • Net sales decreased by -4 per cent to 1,299.8 MEUR (1,352.1) • Net sales including the reduction of acquired deferred revenue amounted to 1,299.8 MEUR (1,349.8) • Adjusted gross margin of…

Dassault Systèmes announced that Snam, the leading and pan-European gas infrastructure operator, is accelerating its digital transformation with the 3DEXPERIENCE platform at the core of a new asset management project to drive a sustainable energy transition. Snam will use the 3DEXPERIENCE platform to create virtual twins of its gas pipelines…

Trimble® announced a new strategic relationship with John Deere that will accelerate the innovation and adoption of grade control technology for the construction industry. The availability of the Trimble Earthworks Grade Control technology integrated with the John Deere SmartGrade™ platform will make it easier for John Deere customers around the world to leverage…

Kering Beauté has selected Centric Software® and completed the first phase of the rollout of Centric PLM™. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such as fashion, outdoor, luxury, multi-category retail, grocery, food & beverage, cosmetics &…