Industry Summary Articles

Contruent, the SaaS company that develops industry-leading project controls software solutions which enable owners and EPCs to build mega-construction projects with greater precision and speed, announced the addition of Joe Freda to the Board of Directors. Freda joins the Board with over three decades of extensive experience in the software…

The Digital Twin Consortium® announced that Implexus Lab has joined the consortium. As a startup creating digital twin solutions for international government facilities, laboratories, and research centers, Implexus joined the DTC for knowledge sharing and to learn from other members of the consortium. “We welcome Implexus to the DTC,” said Dan Isaacs, GM…

Inceptra LLC, a global Product Lifecycle Management (PLM) and Manufacturing System solution provider is excited to announce the launch of Inceptra Global Services Pvt. Ltd. (Inceptra Global Services India) based in Pune, India. As Inceptra is a leading provider of the Dassault Systèmes 3DEXPERIENCE platform, the launch of Inceptra Professional Services…

CoreLogic®, a leading global provider of property data and analytics, has announced the promotion of Kevin Greene to Executive, GM Real Estate Solutions, leading the Real Estate business. In this new capacity, Kevin will spearhead the product and go-to-market vision, strategy and lead client relationships with an emphasis on amplifying…

LTIMindtree, a global technology consulting and digital solutions company, announced that it has joined the IBM Quantum Network to explore quantum computing innovation for the benefit of its global clientele across multiple industries. LTIMindtree is the first Indian Global System Integrator (GSI) to join the IBM Quantum Network. LTIMindtree will…

3D Systems Corporation announced its financial results for the fourth quarter and full year ended December 31, 2023.  Fourth Quarter Financial Results (Unaudited) (All numbers are unaudited and are presented in thousands, except per share amounts or otherwise noted) Q4 2023 revenue of $114,848 decreased13.5% compared to Q4 2022 due…

FARO® Technologies, Inc., a global leader in 4D digital reality solutions, announced its financial results for the fourth quarter and full year ended December 31, 2023. "We are pleased with our improved financial performance and remain excited about the long term prospects of our integrated hardware and software solutions strategy to…

Capgemini and Unity, the world’s leading platform for creating and growing real-time 3D (RT3D) content, announced an expansion of their strategic alliance that will see Capgemini take on Unity’s Digital Twin Professional Services arm. Per the agreement, Unity’s Digital Twin Professional Services team will join and embed within Capgemini, forming one of…

Sandvik has signed an agreement to acquire Cimquest, a US based reseller of Computer Aided Manufacturing (CAM) solutions and one of the largest resellers in the Mastercam network. With the acquisition, Sandvik strengthens its position in the CAM market and further builds on its capabilities to serve customers and expand…

Bentley Systems, Incorporated announced results for its fourth quarter and full year ended December 31, 2023, and its financial outlook for 2024. Fourth Quarter 2023 Results Total revenues were $310.6million, up 3% or 7.3% on a constant currency basis, year-over-year; Subscriptions revenues were $272.5million, up 3% or 7.4% on a constant currency basis, year-over-year;…