Industry Summary Articles

Altair, a global leader in computational intelligence, released its financial results for the first quarter ended March 31, 2024. “Altair continued its positive momentum into the start of 2024, with record-high quarterly software revenue and total revenue,” said James R. Scapa, founder, chairman, and chief executive officer, Altair. “The first…

AMETEK, Inc. announced its financial results for the first quarter ended March 31, 2024. AMETEK's first quarter 2024 sales were a record $1.74 billion, a 9% increase over the first quarter of 2023. On a GAAP basis, first quarter earnings per diluted share were $1.34. Adjusted earnings in the quarter were $1.64 per diluted share, up…

Procore Technologies, Inc., the leading global provider of construction management software, announced financial results for the first quarter ended March 31, 2024. “The highly complex and collaborative nature of our industry underscores the importance of our mission to connect everyone in construction on a global platform,” said Tooey Courtemanche, Founder…

Trimble Inc. announced financial results for the first quarter of 2024. First Quarter 2024 Financial Highlights Revenue of $953.3 million, up 4 percent on a year-over-year basis, flat on an organic basis Annualized recurring revenue ("ARR") was $2.03 billion, up 23 percent year-over-year, up 13 percent on an organic basis GAAP…

Accenture has agreed to acquire Parsionate, a data consultancy specialized in data products and modern data foundation services, ranging from data strategy development to technology implementation. With deep industry-specific capabilities in the retail and industrial sector, as well as in the consumer goods and life sciences industries, the acquisition of Parsionate…

OpenText™ Corporation announced that it has successfully completed the divestiture of its AMC/Mainframe business to Rocket Software, Inc., a Bain Capital portfolio company (“Rocket Software”), for $2.275 billion in cash before taxes, fees and other adjustments. “We are pleased to complete the divestiture of our AMC/Mainframe business to Rocket Software”, said…

Agiloft, a trusted global leader in data-first contract lifecycle management (CLM) and a member of Oracle PartnerNetwork (OPN), announced that it has been selected to join the Oracle Independent Software Vendor (ISV) Accelerator for SaaS Initiative. With expertise in Oracle Fusion Cloud Application Suite integrations, Agiloft was selected based on its market…

BIMcollab, the industry leader in driving BIM collaboration, and Schüßler-Plan Digital, a prominent partner in digitalization solutions, proudly announce their integration to streamline BIM processes. By facilitating an integration with BIMcollab, Schüßler-Plan Digital, recognized for their expertise in optimizing data and processes, will enhance information management and project delivery using…

Kontron, a leading global provider of IoT/Embedded Computer Technology (ECT) and the technology company Janz Tec are intensifying their partnership, which started in 2021. Janz Tec is now a solution partner of Kontron, which means that customers in the automation environment can expect even faster and more flexible integration of…

BIMcollab, the industry leader in driving BIM collaboration throughout the lifecycle of buildings or infrastructure, announces its integration with PAVE, the leading modular collaboration platform for the construction and real estate industry.  Together, PAVE and BIMcollab aim to simplify BIM implementation and enhance model-based collaboration offering seamless communication and efficiency throughout construction…