Industry Summary Articles

Two industry leaders in machine vision and industrial image processing are independently joining forces with Siemens. As a result of the new partnerships, customers will be able to integrate machine vision applications directly into their existing automation technology. By combining their respective strengths, portfolios, and experience, it will be possible…

HCLTech, a leading global technology company, announced the appointment of Sonia Eland as Executive Vice President and Country Manager for Australia and New Zealand with effect from April 1, 2024. In her new role, Sonia will report to Swapan Johri, President, Growth Markets at HCLTech. Sonia will be based in…

DXC Technology, a global leader in technology services, has achieved Science Based Targets initiative (SBTi) approval of its near-term emissions reduction targets, a significant milestone in the company's commitment to sustainable and environmentally responsible business practices. The SBTi grants certification to companies that have set science-based targets for reducing greenhouse…

Aurigo Software, the leading provider of capital planning and construction management software for infrastructure and private owners, is expanding technology and support operations with the inauguration of its new campus in Mysore, India, scheduled for January 2024. With an eye on ambitious growth, the company is making a significant leap…

AECOM, the world’s trusted infrastructure consulting firm, announced the appointment of Derek Kerr to its Board of Directors. Mr. Kerr brings to the Board extensive executive, finance and accounting expertise having previously served several leadership roles at the American Airlines Group, Inc., most recently as Vice Chair and President of American Eagle. In…

Accenture has agreed to acquire Solnet, an IT services provider with deep technology consulting experience for New Zealand government and private organizations across multiple industries. Terms of the transaction were not disclosed. With headquarters in Wellington, New Zealand, Solnet’s team of more than 100 technologists will join Accenture. Solnet’s services…

Siemens Digital Industries Software announced that it has completed the acquisition of Insight EDA Inc., an EDA software company delivering groundbreaking circuit reliability solutions to many of the world’s leading integrated circuit (IC) design teams.  Insight EDA’s technology identifies and helps address design specific potential circuit reliability failure areas, bolstering…

Stratasys Ltd., a leader in polymer 3D printing solutions, announced it has completed the sale of the Stratasys Direct, Inc. facility in Austin, Texas to Cumberland Additive, Inc. Stratasys Direct is the company’s on-demand parts service bureau. The sale of the metal facility in Austin follows the August sale of…

AECOM, the world’s trusted infrastructure consulting firm, reported fourth quarter and full year fiscal 2023 results.   Fourth Quarter Fiscal 2023   Full Year Fiscal 2023 (from Continuing Operations; $ in millions, except EPS) As Reported   Adjusted1 (Non-GAAP)   As Reported YoY % Change   Adjusted YoY % Change…

Markforged Holding Corporation (the “Company”), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, announced its financial results for the third quarter and nine months ended September 30, 2023. Third Quarter 2023 Financial Results Compared To Third Quarter 2022 Revenue was $20.1 million compared to…