Industry Summary Articles

The Nemetschek Group, a leading software provider for the AEC/O and media industries, announced the introduction of an AI Innovation Hub. The hub aims to bundle the existing AI activities in the Group and accelerate the adoption of Artificial Intelligence in the AEC/O (Architecture, Engineering, Construction and Operations) and media industries. The hub will…

TECHNIA, a leading provider of virtual twin solutions and digital engineering, is pleased to announce the opening of its new office in Malmö, Sweden. The new office is located at EPIC in a district known for its vibrant ambiance. Aligned with TECHNIA’s sustainability goals, a LEED (Leadership in Energy and Environmental…

Aspen Technology, Inc. (AspenTech), a global leader in industrial software, announced financial results for its third quarter in fiscal 2024, ended March 31, 2024.  Antonio Pietri, President and Chief Executive Officer of AspenTech, commented, “Our third quarter performance and updated outlook for fiscal 2024 reflects the more cautious customer buying…

Bechtle AG delivered solid performance in the first quarter of 2024. Despite the high comparative figures from the previous year, the business volume increased by 3.4 per cent to €1,951.0 million. The software business was the main growth driver. Accordingly, revenue fell slightly by 2.3 per cent. Due mainly to the…

Bentley Systems, Incorporated, the infrastructure engineering software company, announced results for its first quarter ended March 31, 2024.  First Quarter 2024 Results Total revenues were $337.8 million, up 7.4% or 7.2% on a constant currency basis, year-over-year; Subscriptions revenues were $307.1 million, up 10.5% or 10.3% on a constant currency basis, year-over-year; Annualized Recurring…

PROS Holdings, Inc., a leading provider of AI-powered SaaS pricing, CPQ, revenue management, and digital offer marketing solutions, announced financial results for the first quarter ended March 31, 2024. “We delivered a strong start to 2024, exceeding our guidance ranges across all metrics, driving 15% subscription revenue growth and delivering…

Tata Technologies Limited, a leading global engineering services company, announced financial results for the quarter ended March 31, 2024. Year ended 31st March 2024 results highlights Total operating revenue up 15.9% YoY to ₹51,172 million. Operating EBITDA up 15% YoY to ₹9,413 million. In the last 3 years, revenue from…

Matterport, Inc. announced that BMO, the eighth largest bank in North America by assets, has leveraged Matterport’s digital twin platform to streamline site visits across its physical footprint for multiple areas of the bank. BMO provides a broad range of personal and commercial banking, wealth management, global markets, and investment…

Endeavor 3D, a leading contract manufacturer of additive manufacturing, has announced its strategic relationship with Materialise and HP to onboard the Materialise CO-AM Software Platform to bolster its HP 3D printer production capacity. This relationship marks a significant milestone in Endeavor 3D's commitment to meeting the rising demand of industrial…

Infosys, a global leader in next-generation digital services and consulting, announced its collaboration with Yunex Traffic, a global leader in intelligent traffic solutions, to help accelerate their SAP S/4HANA-led digital transformation journey across 16 countries, including the United States, United Kingdom, and Germany. This strategic collaboration will help advance the ‘Yunex…