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Items filtered by date: April 2018 - CIMdata
Altair released its financial results for the first quarter ended March 31, 2018. “Altair started 2018 with a strong financial performance highlighted by software product revenue growth of 26% and profitability that exceeded expectations,” said James Scapa, Founder, Chairman and CEO.  “Our performance in the first quarter reflects good execution, improving market dynamics and the positive impact of the investments we have made to strengthen our product portfolio and go-to-market team.” Scapa continued, “We have further enhanced our solution set with the recent acquisitions of CANDI, which extends our capabilities around edge gateway computing and the Internet of Things, and FluiDyna, a developer of GPU-based fluid dynamics and numerical simulation technologies.  These are exciting technologies that increase the value Altair can deliver for customers and exemplify our expanding number of opportunities for future growth.” First Quarter 2018 Financial Highlights Software product revenue was $68.1 million, an increase of 26% from $54.1 million for the first quarter of 2017. Total
Published in Newsletter Articles
Call for Participation IEEE – 13th System of Systems Engineering Conference - SoSE 2018 Paris, France, June 19-22, 2018 PROGRAMME on: http://sosengineering.org/2018/ REGISTRATION on: http://sosengineering.org/2018/registrations/ On behalf of the Organizing Committee of the IEEE – 13th System of Systems Engineering Conference, it is a great honor and pleasure to welcome you in Paris. IEEE SoSE 2018 has vast ramifications in numerous engineering fields such as system management and engineering, control, multi-scale and multi-physics system modelling, risk analysis, safety, security, resilience, decision-making, interaction with humans, cooperation and coordination in competitive multi-systems, and in applications such as transportation, critical infrastructures, manufacturing, healthcare, environment, cyber-physical systems, defense, and aerospace. The 2018 conference theme is “Systems of systems Management and Control: Frontiers between cyber, physical, and social systems”. The programme includes plenary sessions, panel sessions, regular and poster sessions, and exhibitions. The fourth day focuses on ongoing projects, research
Published in Newsletter Articles
Thursday, May 17, 2018

PLM Road Map North America 2018

Ann Arbor, Michigan, 17 May 2018—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the successful completion of PLM Road Map North America 2018. The theme for the event was Charting the Course to PLM Value Together: Expanding the Value Footprint of PLM and Tackling PLM’s Persistent Pain Points. The event took place at the Tysons Corner Marriott, near Washington, Dulles. 2018 marks the 25th year that PLM Road Map has been in operation. The event comprised presentations made by PLM users representing several industry verticals interleaved with short vignettes about key topics of interest presented by the sponsors of the event. Speakers and their presentation topics included: The State of the PLM Industry: Why the C-Suite is Not Happy - Peter Bilello, President, CIMdata, Inc. Value Creation through Synergies between PLM and Digital Transformation - Daniel Dubreuil, CDO for Products and Service, Safran MBSE: The Digital Evolution of Systems
Published in News & Press
 PDF Key takeaways: SAP Infodays for PLM’s focus on PLM and advances in the portfolio makes it a much more informative event for SAP customers than other venues. SAP is rapidly enhancing their PLM offering with support for authoring tools spanning the full product lifecycle, enhanced by elements from SAP Leonardo. Customers are driving this innovation pace, helping define necessary enhancements. CIMdata attended the SAP Infodays for PLM event, held in St. Leon-Rot, Germany on 8-9 May 2018. This session brings together SAP customers, primarily from Germany and Central Europe, SAP partners, and SAP staff to highlight on-going developments, strategies, and futures and showcase leading customers’ work in developing and deploying SAP’s solutions. CIMdata has attended a number of SAP events before but the customer presentations at this event were much more informative than many others heard in the past. SAP has been in the PLM market since the phrase was coined.[1] For many years, mechanical
Published in Commentaries
Wednesday, May 16, 2018

Oracle Buys DataScience.com

Oracle today announced that it has signed an agreement to acquire DataScience.com, whose platform centralizes data science tools, projects and infrastructure in a fully-governed workspace. Data science teams use the platform to organize work, easily access data and computing resources, and execute end-to-end model development workflows. Leading organizations like Amgen, Rio Tinto, and Sonos are using the DataScience.com platform to improve productivity, reduce operational costs and deploy machine learning solutions faster to power their digital transformations. DataScience.com empowers data scientists to deliver the business-changing insights executives expect in less time with self-service access to open source tools, data and computing resources, while also improving the ability of IT teams to support that work. Oracle embeds Artificial Intelligence (AI) and machine learning capabilities across its software as a service (SaaS) and platform as a service (PaaS) solutions, including big data, analytics and security operations, to enable digital transformations. Together, Oracle and
Published in Newsletter Articles
Propel today announced the Propel Innovator’s Edition, a PLM software offering that provides innovative businesses the robust enterprise PLM capabilities that they want and with simpler configuration for their immediate needs. For just $1500 per month for 10 users, customers can use the core PLM features they need, including bill of materials (BOM) management, manufacturing data, graphical redlines and change management. The Innovator’s Edition also offers a quick start implementation that gets users up and running in just one week. The Propel Innovator’s Edition offers fast-growing companies the following benefits: Enterprise PLM features at a monthly cost of $1500 for 10 users, which helps small businesses at a budget they can afford A $2500 quick start implementation can get users up and running in just 1 week, plus Propel’s intuitive and modern UI drastically reduces training time Out-of-the-box attributes, change workflows, product categories and lifecycles make it easy for even the casual user to
Published in Newsletter Articles
With today's release of ANSYS® 19.1 software, product developers can spur product innovation by rapidly building, validating and deploying simulation-based digital twins within a single workflow. ANSYS' latest release builds upon its industry-leading products and platform across all physics, empowering customers to accelerate productivity and eliminate product complexity – lowering costs and time to market. Companies are faced with unrelenting pressure to drive innovation and increase product quality while reducing cycle times, costs and risk, especially once a product is in operation. ANSYS 19.1 delivers ANSYS® Twin Builder™, a first-of-its-kind product enabling customers to build, validate and deploy simulation-based digital twins within one workflow – potentially saving millions of dollars for customers in the oil and gas, industrial, energy, and aerospace and defense industries. Traditional preventive maintenance for industrial assets leads to expensive and potentially unnecessary maintenance costs. Those costs can be greatly reduced with a digital twin, which combines accurate physics-based virtual replicas
Published in Newsletter Articles
DESCENTE LTD. has selected Centric Software to provide its Product Lifecycle Management (PLM) solution. Established in 1935, a Japanese menswear company called TSURUYA started making baseball clothing in the 1950s to capitalize on the growing baseball trend. The company then made a revolutionary move into skiwear in 1954 and has been at the forefront of innovation in skiwear ever since. The name ‘DESCENTE’, French for “downhill skiing”, was adopted in 1961. Today, DESCENTE is a worldwide manufacturer and seller of sporting items. DESCENTE owns 15 brands across sports as diverse as swimming, golf and football, including Arena, Munsingwear and Le Coq Sportif besides the house brand DESCENTE. As Terumitsu Watanabe, Manager, Product Engineering Division 1,explains, the company began looking for a PLM solution to boost product development and standardization. “Errors and mistakes during the product design phase could potentially cause defects and this is something we wanted to improve,”
Published in Newsletter Articles
After three months, CENIT AG was able to significantly increase its sales and sales revenues from third-party software, in particular through the acquisition of the KEONYS Group. On the other hand, EBIT decreased by 13% in the first quarter due to the decline in the sale of own software.  During the first three months, CENIT group generated sales revenues of EUR k 40,934 (prior year: EUR k 29,955/36.7%). Sales revenues in CENITs consulting and services segment increased by 2.5% to EUR k 12,553 (prior year: EUR k 12,245). Sales of third-party software decreased by approx. 83.8% to EUR k 24,694 (prior year: EUR k 13,435). Sales proceeds from CENIT’s proprietary software decreased from EUR k 4,160 to EUR k 3,616 (-13.1%).  The gross yield (operating output less cost of materials) amounted to EUR k 21,509 (prior year: EUR k 18,584), representing an increase of 15.7%. CENIT achieved EBITDA of EUR k 2,153 (prior year: EUR k 2,656/-18.9%) and EBIT of EUR k 1,428 (prior year: EUR k 2,154/-33.7%). Results per share were EUR0.13 (prior year: EUR 0.17). Orders Development
Published in Newsletter Articles
Gerber Technology is proud to announce that fashion designer Rebecca Minkoff will serve as guest speaker for ideation 2018. This year's conference will be held in Miami Beach from October 3- 5. An industry leader, Rebecca is an active member of the CFDA, has spoken at dozens of conferences such as SXSW, Fortune's Most Powerful Women, and TEDx, and supports multiple philanthropies. She is also an industry disruptor, pushing the boundaries of fashion and tech. Rebecca lives with her husband and three children in Brooklyn, NY. "There are key lessons for our customers to learn from Rebecca," said Karsten Newbury, senior vice president and general manager Software Solutions at Gerber Technology. "She is absolutely at the intersection of business and technology, leveraging in-store, digital and social connectivity in ways that are driving exponential success for her brand. Leveraging digital technologies in the right way is what separates winners from their competitors these days, and our integrated Digital Solutions
Published in Newsletter Articles
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