Industry Summary Articles

AON3D, a North American manufacturer of industrial 3D printers and software, revealed Hylo™, a new ‘smart’ high temperature 3D printer, and Basis™, an additive manufacturing software equipped with process simulation, machine learning-driven thermal optimization, and part qualification tools. Together, the two solutions simplify and expedite the process of printing open…

Accenture has acquired The Shelby Group, a leading provider of digital procurement and optimization services. The acquisition further enhances Accenture’s capabilities in sourcing and procurement technology transformation. Financial terms of the transaction were not disclosed. Founded in 2002 with headquarters in Schaumburg, Illinois, The Shelby Group is a procurement technology…

Sandvik has completed the previously announced acquisition of esco GmbH engineering solutions consulting, a German-based supplier of software for power skiving, an important technology within gear machining. The company will be reported in Sandvik Coromant, a division within Sandvik Manufacturing and Machining Solutions. Esco, founded in 1993, has around 17…

Infosys, a global leader in next-generation digital services and consulting, announced a new proximity center in Sofia, Bulgaria as part of its continued growth in Europe. In line with Infosys’ strategy to amplify human potential hiring local talent, the new state of the art center will enable Infosys to attract,…

CENIT AG is announcing a change at the top management level: As of January 1, 2024, Mr. Axel Otto will act as the new Chief Financial Officer (CFO) of the international IT and software consulting provider. In his new role, Mr. Otto will assume responsibility for finance/controlling, IT and HR.…

Visual Collaboration Technologies, Inc. (VCollab), and Novus Nexus announce a partnership to streamline CAE results review and sharing to further accelerate product development cycles. The cooperation puts VCollab’s Rapid Results Review™ technology into the hands of Novus Nexus simulation automation users, replacing traditional 2D CAE analysis reporting and sharing, all…

Velo3D, Inc., a leading metal additive manufacturing technology company for mission-critical parts, named Schoeller-Bleckmann Oilfield Technology (SBOT), a manufacturer of high-tech metal components with more than 100 years in business, its sole contract manufacturing partner operating in the DACH region, including Germany, Austria, and Switzerland. The company will also be established as…

Autodesk, Inc. announced it will share its third quarter fiscal 2024 financial results conference call via its website on Tuesday, November 21, 2023, at 2 p.m. Pacific Time. Join the live webcast call here: autodesk.com/investors. An audio replay of the webcast will be available after 5 p.m. PT at autodesk.com/investors. More information…

Desktop Metal, Inc. announced it will report financial results for the third quarter ended September 30, 2023 before the market opens on Thursday, November 9, 2023. At this time, a summary presentation will also be available online at the Events & Presentations section of Desktop Metal’s Investor Relations website, https://ir.desktopmetal.com. Desktop…

2022 was another record year for North American PLM integration and migration expert PROSTEP, Inc. This marks the fourth consecutive year of record growth. PROSTEP’s enterprise-grade commercial off the shelf (COTS) software for PLM integration, migration and collaboration, data exchange, and digital thread led growth with a 40% increase in year-over-year bookings. PROSTEP,…