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Items filtered by date: July 2018 - CIMdata
Omnify Software today announces that Coghlin Companies, together with its wholly-owned subsidiaries Columbia Tech and Cogmedix, have selected and implemented the Omnify Empower PLM solution in order to automate their paper-based document control and engineering change release processes. As part of a corporate initiative, Columbia Tech and Cogmedix were both investing in new systems to help the companies grow, enhance consistency, and improve quality and traceability. This included upgrading their Epicor Enterprise Resource Planning (ERP) system and adopting Manufacturing Execution System (MES) and PLM systems. PLM was part of this endeavor in order to address concerns with their paper-based document control and engineering change release process. The PLM solution had to provide an on-premises platform that could integrate with their existing Epicor system and new Aegis FactoryLogix MES in order to create a truly streamlined process across design and manufacturing. “We found that Omnify Software offered superior value, flexibility, scalability, and ease of use
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Hewlett Packard Enterprise (HPE) today announced financial results for its fiscal 2018 third quarter, ended July 31, 2018. Third Quarter Fiscal Year 2018 Results Third quarter net revenue of $7.8 billion was up 4% from the prior-year period and up 1% when adjusted for currency. Third quarter GAAP diluted net earnings per share (“EPS”) from continuing operations was $0.29, up from GAAP diluted net EPS from continuing operations of $0.17 in the prior-year period. Third quarter non-GAAP diluted net EPS from continuing operations was $0.44, up from non-GAAP diluted net EPS from continuing operations of $0.22 in the prior-year period. Third quarter non-GAAP net earnings from continuing operations and non-GAAP diluted net EPS from continuing operations exclude after-tax adjustments of $218 million and $0.15 per diluted share, respectively, primarily related to the impact of transformation costs, amortization of intangible assets, acquisition and other related charges, an adjustment to
Published in Newsletter Articles
Three Vero Software brands will present their new versions at MICRONORA 2018, the specialized cutting-edge technology trade fair, in Besançon, France, from September 25-28. Edgecam, VISI and WorkNC will demonstrate their expertise in design, simulation and high precision 2- to 5-axis machining on Stand 203 in Hall C. For Vero, it is the perfect venue to present its new CAD/CAM, Viewer Analyzer and Trade Oriented ERP software solutions. The wide range of applications covered by its products are used extensively in numerous industries, including aerospace, automotive, electronic, medical device, and domestic appliance markets. Edgecam, the CAD/CAM solution for production, provides users with a full set of Mill/Turn simulation processes. All cycles and movements are taken into account, along with full modelization of the machine, the tailstock and steadies. The simulator offers collision detection including a wide range of display options allowing the user to have full control over the simulation
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Vera today announced that Carlos Delatorre has been appointed as Chief Executive Officer. Delatorre most recently served as Chief Revenue Officer at MongoDB, Inc. where he led the company to achieve 4X growth in less than 4 years, enabling MongoDB to be the first database company to IPO in over two decades. Ajay Arora, Vera’s co-founder and founding CEO, will transition to serve as Chief Strategy Officer to help Delatorre scale the business, drive corporate strategy and continue to serve on the company’s Board of Directors. Additionally, today Vera announced a capital investment by BMW i Ventures led by the firm’s partner, Zach Barasz. “Carlos brings top notch go-to-market knowledge along with strong operational expertise, and I am thrilled to welcome him to the team,” said Arora. “When it comes to finding your successor, I wanted the transition to be smooth, transparent and exciting for employees and customers. Carlos checked
Published in Newsletter Articles
Centric Software is delighted to announce the release of a success story about its customer, Helsport. Helsport is a Norwegian family owned and run company, founded in 1951. From the very first sleeping bags developed in 1954, to the world’s first tunnel tent in 1970 and the lightest tents in the world in 2014, Helsport is synonymous with innovation in the outdoor market. The Scandinavian manufacturer first produced sleeping bags and tents for alpinism, expeditions and hiking before diversifying their product portfolio to include additional ranges of their core products and branching out into other outdoor gear. “Before Helsport started using Centric Software, they were using some other very simple PLM systems. But they weren’t complete,” explains John Atkinson, Development Manager at Helpsort. Since implementing Centric PLM, Helsport have seen a marked improvement with product data accuracy and increased visibility into product development saving time spent manually entering and searching
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FATHOM announced it has formed a strategic partnership with GoEngineer that builds on a shared vision for changing the ways products are designed, prototyped, and manufactured. FATHOM and GoEngineer will leverage complementary strengths to provide each other's customers with industry-leading software, hardware, and manufacturing solutions that drive greater innovation. “GoEngineer shares similar values as FATHOM and their vision resonates with our own,” said Michelle Mihevc, CoFounder and Principal at FATHOM. “It’s an exciting partnership in our industry because both FATHOM and GoEngineer are uniquely positioned to meet the ever-increasing demand for advanced tools and services that enhance and accelerate a company’s product development and production processes.” The partnership allows both FATHOM and GoEngineer to scale in significant ways that will drive meaningful results for new and existing customers—FATHOM will entrust GoEngineer with the ongoing machine sales and support of its customers, and GoEngineer will look to FATHOM to
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Accenture has completed the acquisition of smart embedded software company Pillar Technology, significantly expanding its Industry X.0 practice in North America.   Headquartered in Columbus, Ohio, Pillar Technology has a team of 320 people and offices in Des Moines, Iowa; Ann Arbor, Michigan; and Palo Alto, California. Pillar Technology brings more than 20 years of experience in the rapid, agile development of high-quality and user-friendly embedded software used in smart, connected products such as autonomous vehicles.   Accenture first announced the acquisition two weeks ago, together with the acquisition of San Francisco-based hardware engineering firm Mindtribe. The two complementary deals boost Accenture Industry X.0’s ability to help companies redefine smart connected software and physical products.   Accenture Industry X.0 helps companies address the shift to digital products and services, transform their engineering, manufacturing and field operations, and digitize their enterprises.   Financial terms for the transaction were not disclosed. To view the original press release,
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The presentation will review the current state of the PLM industry with an emphasis on today's major trends and issues. ANN ARBOR, Michigan, 29 August 2018—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces that its President, Mr. Peter Bilello, will make a presentation at the Institute for Process Excellence’s (IpX) ConX18 conference entitled, “The State of the PLM Industry: Why the C-Suite is Not Happy.” IpX’s ConX18 will take place at the Wild Dunes Resort in Charleston, South Carolina, on 17-18 September. Mr. Bilello’s presentation will take place during day 1 of the conference, on 17 September. Mr. Bilello’s presentation will review the current state of the PLM industry with an emphasis on today's major trends and issues, including enabling PLM as a digital and transformative enterprise-level innovation platform, and other emerging topics that are critical to the global PLM economy. CIMdata's research and experience reveals that
Published in News & Press
Kongsberg Digital launches their new digital twin at ONS 2018 in Stavanger, Norway, after a successful feasibility study with Equinor. Enabling value chain transformation in operations The new twin is a virtual model of unmanned production facilities for oil and gas. Combined with KONGSBERG’s Kognifai solution it becomes a collaborative arena allowing users onshore to explore planned or existing assets offshore. It delivers intimate understanding of operations, behavior, maintenance, costs, performance, and much more. Available on any digital device – from pads to desktops or VR glasses – the twin recreates all the characteristics of real assets in an advanced, data-enriched 3D visualization. “The digital twin for production facilities allows us to help our customers transform the way they do business and operate in complex industrial settings,” observes Hege Skryseth, Executive Vice President of KONGSBERG and President of Kongsberg Digital. “Integrating previous disparate data together in a single, secure and
Published in Newsletter Articles
Fashion technology house BeProduct announces the successful implementation of its design-focused Product Lifecycle Management (“PLM”) platform across all American branches of KASH Apparel. Headquartered in Los Angeles, California, KASH Apparel develops comprehensive, womenswear collections under a flagship womenswear brand, SOCIALITE, as well as other additional in-house labels and private label. KASH apparel styles are sold through a network of department and specialty stores in the USA and Canada – including Nordstrom - and the company’s supply chain spans continents. As part of a local sourcing initiative, some knitwear manufacturing is conducted in L.A., while other products are made in Mexico and China. In 2017, KASH Apparel’s technical support structure was being strained by the demands of different retail clients, a complex supply chain, and the need to design on-trend products for a broad and evolving target market. “Before BeProduct, we did everything in Excel, and that was causing us serious
Published in Newsletter Articles
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