Industry Summary Articles

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, and Regional Investment Corporation (RIC), an Australian government concessional finance provider for farmers, today announced RIC’s successful implementation of the Finacle Digital Lending Solution Suite in a Software-as-a-Service (SaaS) mode running on AWS. The transformation project, which included the adoption of the Finacle Online Banking and Finacle…

We are excited to announce that Rhino, a leading manufacturer in the agricultural equipment industry, has successfully implemented GenAlpha Technologies’ Equip360 digital platform. This strategic move aims to elevate customer satisfaction and provide an optimized digital experience for both dealers and customers. Known for their commitment to the dependability and…

Idox’s iAssets asset tracking solution supports the Trust’s digital innovation strategy by providing a safe and cost-effective way to track hospital equipment.  11,500 items of medical equipment tracked, with plans to scale to all hospital equipment GS1-compliant passive RFID tags enable real-time tracking to locate equipment iAssets will substantially reduce time in…

PDSVISION (PDSVISION Group AB) today announces that it has closed an agreement to acquire MSV Product Development & Service Consulting S.L. (MSV Consulting) from the current owners. With this acquisition PDSVISION expands into the new markets in southern Europe. MSV Consulting, founded in 2021, with offices in Barcelona and Madrid,…

The Digital Twin Consortium® (DTC) announced an agreement with Thynkli to be the Regional Branch Organizer (RBO) for Saudi Arabia. As an RBO, Thynkli will facilitate and drive local DTC engagements and activities with regional industry, government, and academic institutions on behalf of the consortium throughout Saudi Arabia. DTC and Thynkli will collaborate…

Honeywell announced that its Board of Directors has elected CEO Vimal Kapur to take on the additional role of chairman when current executive chairman Darius Adamczyk retires from the board as of June 7, 2024. William S. Ayer has also been elected to succeed D. Scott Davis as independent lead director beginning as of the company's annual meeting on May 14,…

Matterport, Inc., the leading digital twin platform to access, understand and utilize properties, announced a partnership with Arcadus, a leading reseller of digital transformation products and services for the public sector, to offer the Matterport Digital Twin Platform to its customers in the United States.  Arcadus is a leading value-added…

In a continued commitment to provide customers with the highest standard of service and support, global design and BIM software provider Vectorworks, Inc. is excited to announce a new, direct presence in New Zealand. Previously overseen by Megabits, the New Zealand distributor of Vectorworks software, all New Zealand operations will now…

Q4 2023 Orders $7.6billion, 0%; comparable1 0% Revenues $8.2 billion, +5%; comparable +6% Income from operations $1,116 million; margin 13.5% Operational EBITA1 $1,333 million; margin1 16.3% Basic EPS $0.50, -18%2 Cash flow from operating activities $1,897 million; +176% FY 2023 Orders $33.8 billion, -1%; comparable1 +3% Revenues $32.2 billion, +9%; comparable +14% Income from operations $4,871 million; margin 15.1% Operational EBITA1 $5,427 million;…

Dassault Systèmes announced IFRS unaudited estimated financial results for the fourth quarter and fiscal year ended December 31, 2023. The Group’s Board of Directors approved these estimated results on January 31, 2024. This press release includes financial information on a non-IFRS basis and reconciliations with IFRS figures in the Appendix.…