Industry Summary Articles

LTIMindtree, a global technology consulting and digital solutions company, announced the launch of their new comprehensive ESG digital transformation platform- Smart Spaces 2.0. With Smart Spaces 2.0, existing and new buildings can be fitted with the latest IoT devices, and facilities teams can instantly access key data on the platform…

OpenBOM, a leading provider of cloud-based PDM and PLM software, helps manufacturing companies manage their digital product information, organizing bills of materials and parts, inventories, and managing the digital thread of information across the value chain connecting OEMs, contractors, and suppliers, today announced a significant update tailored specifically for PTC…

Oracle announced new AI-powered capabilities within Oracle Fusion Cloud Service and Oracle Fusion Cloud Field Service that help service teams increase productivity, better understand customer issues, and serve their customers more effectively. The latest updates improve customer satisfaction by automatically identifying customer issues, recommending actions, streamlining resolution, and improving first-time fix rates. “Service teams…

Flow Science, Inc. announces the acquisition of Flow Science Deutschland and XC Engineering, both long-standing distributors of FLOW-3D products in Europe. XC Engineering, which has represented FLOW-3D products in Italy and France, will become Flow Science Mediterranea. The company will be led by Mr. Stefano Mascetti, who continues his previous role with XC Engineering as…

Aurigo Software, the leading provider of capital planning and construction management software for infrastructure and private owners, announced the opening of its new campus in Austin, Texas. The company’s rapid growth over the past few years led to expansion and the need for a larger facility. This development also reflects Aurigo’s…

Electronic System Design (ESD) industry revenue increased 18.2% to $4,685.5 million in the second quarter of 2024 from the $3,962.7 million registered in the second quarter of 2023, the ESD Alliance, a SEMI Technology Community, announced today in its latest Electronic Design Market Data (EDMD) report. The four-quarter moving average, which compares the…

Honeywell announced a plan to spin off its Advanced Materials business into an independent, U.S. publicly traded company, which is targeted to be completed by the end of 2025 or early 2026. Honeywell expects to execute the planned spin in a tax-free manner to its shareowners. As a leading global…

Schneider Electric, the leader in the digital transformation of energy management and automation, announced the opening of their newest facility in North Haven, Connecticut. Retrofit from an existing building, this state-of-the-art 90,000-square-foot all-electric facility demonstrates the company’s focus on modernization and circularity, giving new life to the existing location. Representing an…

We are excited to invite you to the “Premiere of ENCY CAD/CAM Software in Turkiye” conference! This is your chance to explore innovative solutions that will revolutionize CNC machine and robot programming. Location: Radisson Blu Hotel & Spa, Istanbul Tuzla Aydınlı, Camlibelde Sitesi Hasan Tokatli Sokak 13, Yolu Cd No: 34, 34953…

Lantek, a global leader in sheet metal software solutions, is set to present its latest innovations at FABTECH 2024, the premier event for the metal forming, fabricating, welding, and finishing industries. From October 15-17, attendees can visit Lantek at Booth S17017, located at the Orange County Convention Center in Orlando, to discover the…