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Items filtered by date: December 2016 - CIMdata
PTC announced that the United States Air Force (USAF) has selected the PTC Service Parts Management (SPM) SaaS solution to deliver integrated supply chain planning and enhance weapon systems support at Air Force Sustainment Center (AFSC) locations around the globe. PTC SPM SaaS is part of the Servigistics® suite of Service Lifecycle Management solutions. The USAF is highly respected for managing one of the most complex supply chains in the world with over 5,000 aircraft, 650,000 items, and supports weapon systems in 1,500 locations across a global theatre of operations. PTC Service Parts Management, delivered as a SaaS model, will enable the USAF to more efficiently manage its supply chain, as well as improve the inventory performance of its operations. PTC Service Parts Management SaaS will enable the USAF to improve demand forecast accuracy, reduce planning workload, implement comprehensive supply planning with supportability, achieve near real-time supply chain metrics, improve
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Fujitsu reported a profit for the third quarter attributable to owners of the parent of 20.3 billion yen, representing an improvement of 15.0 billion yen compared to the third quarter of fiscal 2015. Consolidated revenue for the third quarter of fiscal 2016 was 1,115.4 billion yen, down 51.4 billion yen from the third quarter of fiscal 2015, but was essentially unchanged on a constant-currency basis. Revenue in Japan rose 3.5%. Revenue in the Services sub-segment increased, primarily from system integration business, and revenue from network products also rose. On the other hand, revenue outside of Japan decreased 15.0%. Results were significantly impacted by foreign exchange movements, and, in addition, there was a decline in revenue from infrastructure services in Europe. Compared to the same period in the prior fiscal year, the appreciation of the yen against the US dollar, the British pound, and other currencies served to reduce revenue by
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Arena Solutions announced financial results from Q4 2016, the best quarter in Arena's history. New customer subscription value grew 27 percent over Q4 2015, fueled by Arena's continued success in selling to larger enterprise customers. The average deal size for Q4 2016 was 32 percent higher than it was in the same period for 2015. New customers in Q4 2016 include the following: ·         FARO Technologies develops and markets portable CMMs (coordinate measuring machines) and 3D imaging devices to solve dimensional metrology problems. ·         Corindus Vascular Robotics is a global technology leader in robotic-assisted vascular interventions. ·         ProteinSimple provides protein analysis tools to help researchers gain a better understanding of proteins and their role in disease. ·         Bigfoot Biomedical is dedicated to designing simpler, safer, and more effective solutions for people with insulin-dependent diabetes. ·         Geometrics supplies the world with rugged, portable, easy-to-use, and technologically-innovative geophysical instruments.
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Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, and a Cloud Premier-level partner in Oracle’s PartnerNetwork (OPN), announced that it has now achieved the Oracle Cloud Elite designation within the OPN Cloud Program. “TCS’ collaboration with Oracle began in 1987 and today, I’m proud to say that our partnership continues to go from strength to strength, with Oracle having conferred on us the Cloud Elite designation,” said Sunder Singh, Global Head of TCS’ Oracle practice. “Our continued focus has been on working closely with Oracle to bring to market a comprehensive and innovative portfolio of end-to-end Oracle solution offerings across business functions and key industries.” The OPN Cloud Program’s Cloud Elite status is a recognition by Oracle of its most experienced partners, who have demonstrated capability, been endorsed by customers and shown focused investment in Oracle Cloud services and solutions for joint clients. “TCS’
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Selerant has become a GS1 US Solution Partner, a certification signifying a commitment to delivering services and solutions that enable quick, efficient and accurate GS1 Standards implementation. GS1 US is an information standards organization that brings industry communities together to improve supply-chain business processes through the adoption and implementation of GS1 Standards. The GS1 System of Standards, the most widely used information standards in the world, uniquely identifies products, services, assets and locations worldwide to support supply chain visibility and efficiency. The GS1 US Solution Partner Program facilitates the implementation of GS1 Standards by connecting users with solution providers that can deliver services and solutions for quick, efficient and accurate standards implementation. Selerant is a global provider of processed-based product lifecycle management (PLM) software and consulting services within three core manufacturing segments: Food & Beverages, Personal Care/Pharmaceutical and Specialty Chemicals. “The partnership with GS1 US is an exciting development for
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L & T Technology Services (LTTS), a leading global pure-play engineering services company and global technology leader Dell EMC announced a collaborative relationship to enable holistic, integrated smart building initiatives. The joint offering is expected to drastically reduce implementation time, save up to 40 percent of facility energy costs and enable up to 15 percent of operational savings. One of the limitations in today's smart building solutions is that they exist in silos - catering to just one facet of a building. Facility managers do not have access to a unified system that can provide an integrated view of various building solutions such as HVAC and climate control, lighting management, fire safety or parking. In addition, the closed architecture systems make it very difficult to implement such solutions in brownfield projects. What facility managers require is a market of one - access to highly customized offerings that integrate the
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3D Systems announced it acquired Vertex-Global Holding B.V., a provider of dental materials worldwide under the Vertex and NextDent brands. Together, 3D Systems’ groundbreaking Figure 4 platform and NextDent’s advanced 3D printing materials provide a strategic foothold in the multi-billion dollar digital dentistry opportunity. Vertex Dental and NextDent are leading global innovators and manufacturers of photopolymer, thermoplastic, polymer and monomer materials for traditional and 3D printing dental applications. NextDent has developed 12 dental 3D printing materials to date and has obtained regulatory approval for use of these materials in more than 70 countries worldwide. NextDent’s portfolio of 3D printing materials allow dental professionals to produce trays, models, drilling templates, dentures, orthodontic splints, crowns and bridges with enhanced speed, precision and efficiency and lower cost compared to conventional procedures. "With the combination of our disruptive Figure 4 platform and NextDent’s revolutionary materials, we have the unique opportunity to deliver transformative digital
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Enabling improved manufacturing practices to enable clients to have a higher understanding of their processes and products – delivering enhanced customer satisfaction and increased brand equity. ANN ARBOR, Michigan, 31 January 2017—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the expansion of its Manufacturing Systems Engineering (MSE) Consulting Practice. This consulting practice focuses on bridging the flow of data and integrating processes between manufacturing and the design, fabrication, and operation of facilities and infrastructure to improve processes and products through the product lifecycle. The MSE practice will concentrate on new and emerging technologies, including the Internet of Things (IoT) and Industry 4.0 practices, to achieve the factory of the future goals. To support this expanded practice, Peter Bilello, President of CIMdata, announces that Michael Fry will lead the practice and will have the title of Director, Manufacturing Systems Engineering Practice. “We are extremely pleased that Mr. Fry
Published in News & Press
Tech Mahindra Ltd., a specialist in digital transformation, consulting and business reengineering today announced the audited consolidated financial results for its third quarter ended December 31, 2016. Financial highlights for the quarter (₹) ·         Revenue at ₹ 7,558 crore; up 12.8% YoY; up 5.4% QoQ ·         EBITDA at ₹ 1,187 crore; margins up ~80 bps QoQ at 15.7% ·         Consolidated PAT at ₹ 856 crore; margins at 11.3% ·         Earnings per Share (EPS) was ₹ 9.79 for the quarter ended December 31, 2016 Financial highlights for the quarter (USD) ·         Revenue at USD 1,116.1 mn; up 10.0% YoY and 4.1% QoQ o    Constant currency growth of 12.0% YoY and 5.4% QoQ ·         EBITDA at USD 175.0 mn; up 2.5% YoY and up 9.2% QoQ ·         Consolidated PAT at USD 126.3 mn, up 11.4% YoY and up 30.8% QoQ Other Highlights ·         Total headcount at 117,095; adds
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Keysight Technologies, Inc. and Ixia announced a definitive agreement for Keysight to acquire Ixia in an all-cash transaction totaling approximately $1.6 billion in consideration, net of cash. The board of directors of both companies have unanimously approved the transaction, which is anticipated to close no later than the end of October 2017 and is subject to customary closing conditions and approvals. Under the terms of the agreement, Ixia shareholders will receive $19.65 per share in cash. This represents a premium of approximately 45 percent to Ixia's unaffected closing stock price on Dec. 1, 2016, the last trading day prior to media reports that Ixia was considering strategic alternatives, and a premium of approximately 38 percent to the Ixia's unaffected 52-week high closing stock price for the period ended Dec. 1, 2016. "The proposed acquisition of Ixia is in direct alignment with our strategy to transform Keysight for growth and
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