Industry Summary Articles

The new Kontron AG once again reports strong results in the third quarter of 2023. Revenue in Q3 increased by 14.4% to EUR 300.0 million (Q3 2022: EUR 262.4 million). The gross margin improved significantly to 39.4% (Q3 2022: 34.6%) while EBITDA underwent a very strong increase of 74.4% to…

Rockwell Automation, Inc. reported fiscal 2023 fourth quarter and full year results and introduced fiscal 2024 guidance. "Our strong execution and continued improvement in lead times helped us deliver over 20% year-over-year growth in both sales and earnings this quarter, with double-digit sales growth in all regions and business segments.…

Hexagon’s Safety, Infrastructure & Geospatial division announced Saudi Arabia’s National Center for Vegetation Development and Combating Desertification (NCVC) selected Hexagon’s remote sensing solutions to monitor, evaluate and study the country’s vegetation coverage. At an estimated 2 million square kilometers, Saudi Arabia is comprised of diverse terrain with a variety of…

Bentley Systems, Incorporated, the infrastructure engineering software company, announced that bp has selected Bentley’s AssetWise Asset Lifecycle Information Management (ALIM) and AssetWise Reliability (AR), part of Bentley Infrastructure Cloud, to manage engineering information for projects and operations to help assure global asset integrity management. In 2019, bp selected Bentley to provide its…

Cadence Design Systems, Inc. announced that Realtek successfully used the Cadence® Tempus™ Timing Solution to sign off an N12 high-performance CPU core while achieving significantly improved power, performance and area (PPA). By adopting the Tempus Timing Solution, Realtek realized a 2X boost in productivity and reduced design closure turnaround time by 50%…

Infor®, the industry cloud company, today announced that Saint-Gobain Distribution Norway AS, a leading distributor of building materials in Norway, will deploy Infor CloudSuite Distribution Enterprise, a comprehensive cloud solution designed specifically for distribution companies, to replace multiple on-premises legacy enterprise resource planning (ERP) systems. Saint-Gobain Distribution Norway consists of…

Schneider Electric, the global leader in the digital transformation of energy management and automation, and the United States Air Force marked the successful implementation of a $406 million infrastructure improvement project that modernizes energy resilience systems and enhances national security at Yokota Air Base in Japan. Located 28 miles from…

Siemens’ software has been deployed to Norwegian distribution system operator (DSO) Elvia, with the goal to future-proof its distribution grid management. Siemens’ low voltage software, LV Insights® X, and advanced distribution management system, Spectrum PowerTM 7 ADMS, are now operational and will provide Elvia with relevant insights to flexibly manage…

Cadence Design Systems, Inc. announced the new Cadence® Voltus™ InsightAI, the industry’s first generative AI technology that automatically identifies the root cause of EM-IR drop violations early in the design process and selects and implements the most efficient fixes to improve power, performance, and area (PPA). Using Voltus InsightAI, customers…

We are excited to announce that Optessa has successfully completed a System and Organization Controls (SOC) 2 Type II audit, performed by Sensiba LLP (Sensiba). Developed by the American Institute of Certified Public Accountants (AICPA), the SOC 2 information security audit provides a report on the examination of controls relevant to the trust services criteria categories…