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Items filtered by date: June 2017 - CIMdata
Zipit announced today that the Zipit IoT Platform has been awarded a 2017 IoT Security Excellence Award from IoT Evolution magazine, a leading industry publication covering IoT technologies. The award honors organizations delivering software or hardware solutions which enable the advancement of security in the Internet of Things. Zipit's IoT Platform, which provides secure Internet connectivity and device management capabilities such as device authentication, device monitoring & diagnostics, and secure over-the-air firmware upgrades, has been a key component of various commercialized IoT applications and devices.  For over a decade, Zipit's IoT Platform has been used in healthcare, consumer electronics, smart home and other markets.  Zipit's technology has been vetted for enterprise use by the Department of Defense, the FDA, and many of the country's leading healthcare and commercial organizations. In addition, the company's unique expertise in devices, connectivity and cloud infrastructure has enabled Zipit to provide the holistic security & device management
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Tata Consultancy Services has been recognized as a prominent 'Technology Partner' at the prestigious 2017 Manufacturing Leadership 100 Awards for the fourth time in the past five years. TCS was praised for its key role as IT Services partner for customers Boeing, Flowserve and Adient, and received recognition from the judges for supporting impressive winning entries in the categories of "Operational Excellence Leadership," "Enterprise Technology Leadership" and "Mobility in Manufacturing Leadership," respectively. Now in its 13th year, the Manufacturing Leadership Awards honor innovative manufacturing companies – across industries – that demonstrate breakthrough projects that set them apart from competitors and deliver compelling returns on investment.  TCS assisted Flowserve to standardize their eCommerce journey map, by implementing a global eCommerce solution. The solution helped Flowserve achieve a single global eCommerce platform, opening a new channel for sales, promoting cross-sell and up-sell opportunities and providing a differentiated and consistent shopping experience to buyers
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Tata Consultancy Services has appointed Ramakrishnan Venkataraman as the Chief Finance Officer of the firm, following the ascension of his predecessor, Rajesh Gopinathan, to Chief Executive Officer. Venkataraman will be charged with consolidating the firm's strong financial position. Ramakrishnan Venkataraman joined Tata Consultancy Services (TCS) in 1999, serving as the Finance head of TCS North America for 7 years – during which time the firm experienced rapid growth in the region. He since became Vice President at the firm, with roles that include the financial controllership of TCS subsidiaries and branches globally – in addition to being engaged with various M&A integration initiatives. Venkataraman has taken on the role of CFO at the firm, with responsibility for the finances of the global professional services firm now resting on his shoulders. The firm boasts a roster of more than 378,000 consultants and an annual turnover of $16.5 billion, figures which see former CFO Rajesh
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Oracle today announced it has been named a leader in the a Digital Process Automation (DPA) Software report. This placement confirms leadership for Oracle Process Cloud, which is part of Oracle Cloud Platform. “By delivering comprehensive process automation capabilities such as no- and low-code process design, case management and simplified connections to SaaS, Social, Cloud and on-premise systems, Oracle provides customers with a powerful option to continuously deliver engaging customer, employee, and partner experiences at every stage in their business transformation journey,” said Vikas Anand, vice president, product management, Oracle. “Today business process automation augmented with intelligent machine learning is helping organizations drive best next actions and provide them with better, timely decision making capabilities.” Oracle Process Cloud Service was built from the ground up for the cloud to provide enterprises of all sizes with the low-code app dev platform that they need to build business agility and control their digital
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Vero Software chose the International Mould Exhibition (Intermold) 2017 for its first public showing in Thailand. Specializing in mould design and manufacturing, the Intermold show was the perfect event for Vero to demonstrate its VISI, WorkNC and Edgecam CAD/CAM solutions since its recent establishment in the Thai market. Lee Moosoo, Vero’s APAC Regional Manager, says visitors to the Vero stand were particularly impressed with the machined samples on show.  "Talking to people at the exhibition, we were able to fully understand their needs in terms of how they need to improve productivity. And we are now in a position to work towards meeting their various demands with Vero’s excellent software technology and stable service.” VISI is an integrated CAD / CAM solution for mould design and machining. It supports a wide range of machining strategy from 2-axis,  3-axis and 5-axis machining, along with modeling environments that fully support wireframe
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Mentor, a Siemens business, today announced an update to its market-leading embedded product portfolio with broad coverage for the Xilinx Zynq UltraScale+ MPSoC ZCU102 Evaluation Kit. This release provides developers with support for the unique combination of multicore processors on the MPSoC development platform with Mentor Embedded Linux, Nucleus RTOS, Mentor Embedded Hypervisor, Code Sourcery tools and Android support. With this release, Mentor Embedded multicore solutions provide the industry’s most comprehensive support for the MPSoC to facilitate the development of complex heterogeneous multicore systems. The Xilinx Zynq UltraScale+ MPSoC represents the next generation of multicore platforms for compute-intensive, safety and security systems. Mentor’s embedded software and tools portfolio provides MPSoC developers with a one-stop-shop for all their software needs. “This update to the Mentor embedded portfolio delivers comprehensive runtime and tools that allow MPSoC developers to more easily unlock the potential of Zynq UltraScale+ MPSoCs,” stated Simon George,
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CCE has announced an important update of its CAD data interoperability library for Creo. CCE’s Creo library received a major upgrade by providing access to PMI data in Creo 4.0 files, including geometric tolerances, datum and datum targets. This release comes on the back of several such releases this past year focusing heavily on PMI data access. CCE’s interoperability libraries for Creo and all other major formats, including CATIA V5, NX, SOLIDWORKS, NX and Solid Edge among others, have extensive support for PMI data that has become very important as most companies transition from a primarily 2D environment to richly annotated 3D models in a Model Based Environment (MBE). "We work with several companies as part of our engineering services business and can see the transition from a heavily 2D drawing based environment to rich 3D model based definitions at most of our customer sites. This sort of insight directly
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Infor today announced that Chausport, supported by HereWeGo Consulting, has chosen Infor CloudSuite Fashion (based on Infor M3). After a tender procedure that brought together several solution providers, the Infor solution was chosen for its ability to integrate all the functions of the distributor's information system: from purchases to inventory management and logistics to the management of its stores' supplies. The solution will also cover the delivery of products bought by the customers through Ecommerce. Dominique Dambre, Project Sponsor at Chausport, said: "We aim to move from being a multi-channel player to an omni-channel distributor, which requires us to opt for a single management platform with a centralized database. Among the solutions we evaluated, Infor was able to demonstrate to us that the Infor CloudSuite Fashion solution is able to cover all the essential functions from back and front office, and to integrate them while taking into account of our
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SAP’s fast growth in the cloud continued in the second quarter. New cloud bookings1 grew by 33% (33% at constant currencies) in the second quarter and reached €340 million. Both IFRS and non-IFRS cloud subscriptions and support revenue grew 29% yearover-year (27% at constant currencies) to €932 million. IFRS and non-IFRS software revenue was €1.09 billion, up 5% year-overyear (4% at constant currencies). New cloud and software license order entry2 grew by more than 20% year-over-year in the second quarter. IFRS and non-IFRS cloud and software revenue was €4.76 billion, an increase of 9% (8% at constant currencies). SAP’s “predictable revenue”, i.e. the total of cloud subscriptions & support revenue and software support revenue, was 63% of total revenue. IFRS operating profit was down 27% to €926 million. Non-IFRS operating profit grew 4% to €1.57 billion (3% at constant currencies). IFRS earnings per share decreased 18% to €0.56. Non-IFRS
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Today, Lectra’s Board of Directors, chaired by André Harari, reviewed the consolidated financial statements for the first half of 2017, after a limited review by the Statutory Auditors. Detailed comparisons between 2017 and 2016 are based on 2016 exchange rates (“like-for-like”) unless stated otherwise. Q2 2017 Orders for new systems (€32 million) increased by 4% compared to Q2 2016. Revenues (€69 million) are up 7% (+8% at actual exchange rates). Income from operations amounted to €9.1 million, up 8% (+13% at actual exchange rates) and the operating margin to 13.2%, increasing by 0.1 percentage points (+0.6 percentage points at actual exchange rates). Net income amounted to €6.2 million, up €0.7 million (+13%) at actual exchange rates To view the original press release, please click here. Search for Lectra on CIMdata.com
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