Industry Summary Articles

Honeywell announced that its Board of Directors has appointed Indra Nooyi, 70, former Chair and Chief Executive Officer of PepsiCo, to its Board of Directors as an Independent Director, effective January 1, 2026. Nooyi served as Chief Executive Officer of PepsiCo from 2006 through 2018 and Chair of its board of directors…

ITC Infotech, a leading global technology services and solutions provider, has been awarded the PTC Partner Network Award for FY25 in the Product Lifecycle Management (PLM) category. This prestigious recognition, awarded to a single partner globally, celebrates excellence in deploying Enterprise PLM software, enabling global and cross-functional teams to effectively…

Siemens and GlobalFoundries (GF) have entered a new strategic collaboration to leverage each company’s complementary AI-based capabilities to enhance performance of semiconductor manufacturing and advanced industries – making operations more efficient, secure and reliable. In their latest memorandum of understanding, the companies focus on automation technologies for semiconductor fabrication (fab…

Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, announced the expansion of its presence in Romania with the inauguration of a new office in Bucharest. This strategic facility will strengthen TCS’ local capabilities as a digital engineering services hub and further enhance its European delivery…

Cyncly, the world’s leading global provider of software and content solutions that help make amazing spaces for living, will be bringing its leading software for flooring business expansion and efficiency to The International Surface Event (TISE) 2026. At the Booth 2121, Cyncly Flooring will showcase its comprehensive, all-in-one software platform…

Synopsys, Inc. will exhibit at CES 2026, January 6-9 in Las Vegas, showcasing systems-to-silicon engineering solutions that advance AI-driven and software-defined automotive engineering. For the first time, Synopsys will have a dedicated booth at CES in the West Hall, #6701, featuring cutting-edge vehicle displays and demonstrations of the company’s latest solutions…

Synopsys, Inc. reported results for its fourth quarter and fiscal year 2025. Revenue for the fourth quarter of fiscal year 2025 was $2.255 billion, compared to $1.636 billion for the fourth quarter of fiscal year 2024. Ansys contributed $667.7 million in revenue for the fourth quarter of fiscal year 2025. Revenue for fiscal year 2025 was $7.054 billion,…

Cyncly, the leading global provider of software and content solutions that help make amazing spaces for living, is celebrating the success of its partnership with City Plumbing following the nationwide rollout of its Virtual Worlds 3D design software across The Bathroom Showroom estate. The collaboration marks the largest implementation of…

Hexagon’s Mining division has signed an agreement with Montana Technological University, granting access to the university’s Underground Mine Education Center (UMEC), including its training drifts and specialised equipment. The partnership provides a unique, real-world test environment to accelerate development of Hexagon’s next-generation underground technologies, particularly collision avoidance, operator safety, and…

Centric Software® is proud to announce that Last Resort Design has selected Centric PLM™ to drive operational transformation and scalable growth. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, comply, buy, make, price, allocate, assort, sell and replenish fashion, luxury, footwear, outdoor, home, cosmetics & personal…