Industry Summary Articles

Blackline Safety Corp., a global leader in connected safety technology, announced that it has named Elisa Khuong, CPA, CA, Vice President Accounting & Finance, Corporate Controller, as interim Chief Financial Officer, effective July 1, 2024. Serving almost a decade at the Company in progressively senior roles, Ms. Khuong brings a wealth…

Dassault Systèmes and Mistral AI announced their partnership to bring the full power of frontier AI to industries in a trusted environment. For more than 40 years, Dassault Systèmes has empowered people and businesses to provide sustainable innovations in the domains of manufacturing industries, life sciences and healthcare, and cities…

HCLTech, a leading global technology company, announced the launch of its global delivery center in Patna. The center will focus on delivery of IT and engineering services for Hi-Tech and Semiconductor companies. The center was inaugurated by Shri Nitish Mishra, Hon’ble Minister of Industries, Govt. of Bihar and Shri Santosh…

Following the CEO transition plan previously announced by Bentley Systems, Incorporated, Nicholas Cumins takes charge as CEO. Cumins succeeds Greg Bentley, the eldest of the five brothers who founded Bentley Systems, who becomes Executive Chair of its Board of Directors. Cumins is the first CEO in the company’s 40-year history…

In recognition of its leadership in ESG & sustainability, Stratasys, Ltd. was honored with four Sustainability Recognition Awards at the Additive Manufacturer Green Trade Association (AMGTA) 2024 Annual Summit in Los Angeles on June 24th. Stratasys received accolades across multiple categories, underscoring its commitment to environmental sustainability and innovation: Environmental Management…

Simulations Plus, Inc.(“Simulations Plus”), a leading provider of biosimulation, simulation-enabled performance and intelligence solutions, and medical communications for the biopharma industry, reported financial results for its third quarter fiscal 2024, ended May 31, 2024. Third Quarter 2024 Financial Highlights (compared to third quarter 2023) Total revenue increased 14% to $18.5…

Bechtle AG has acquired Magnetic Media Network S.p.A. (MMN) headquartered in Trezzo sull’Adda (near Milan) with a second site in Roncade (near Venice). Founded in 1989, the IT solutions provider and its some 100 employees achieved revenues of 68.6 million euros in the 2022/23 fiscal year. With this purchase, Bechtle…

The Nemetschek Group, a leading global provider of software solutions for the AEC/O and media industries, today announced that it has completed the acquisition of GoCanvas Holdings, Inc., a leading provider of field worker collaboration software that digitizes traditionally paper-based processes, simplifies inspections, improves safety, and maximizes compliance. Perfect fit with Nemetschek’s…

Roadzen Inc. ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, announced its results for the twelve-months ended March 31, 2024. "Roadzen had a remarkable year, achieving substantial revenue growth, maintaining our trajectory towards profitability, and significantly expanding our presence in the U.S.…

Mastercam, the industry leader in CAD/CAM solutions, proudly announces the release of Mastercam 2025. This latest version introduces cutting-edge features and enhancements designed to maximize speed, efficiency, and precision in your machining operations, setting a new benchmark in the industry. During the Public Beta, manufacturers worldwide provided valuable feedback that…