News

CAM market grew by 8.1% in 2022 ANN ARBOR, Michigan, USA 29 June 2023—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the release of the 2023 CIMdata CAM Market Analysis Report (MAR), the 31st annual study of the global Computer-Aided Machining (CAM) market. CIMdata estimates that based on end-user payments, the worldwide CAM software and related services market grew by 8.1% in the calendar year 2022. The estimated end-user payments grew from just over US$2.4 billion in 2021 to nearly US$2.6 billion in 2022. According to Stan Przybylinski, CIMdata’s Vice President, “The CAM results at the end-user level grew faster in 2022 than in 2021, regaining more of the progress lost due to the economic impacts of COVID-19. In 2022 machine tool consumption stalled after a strong year in 2021. This is important because acquiring new machine tools often leads to investments in new CAM software.” CIMdata

ANN ARBOR, Michigan, USA 29 June 2023—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces that Dr. Ken Versprille, Executive Consultant, will participate in a webinar, “The Requirement of Data Validation between Collaborating Partners.” The webinar, organized by Kubotek Kosmos, takes place on Thursday, 13 July 2023, at 11:00 AM EDT. CIMdata will share key issues identified by the CIMdata-administered Aerospace & Defense PLM Action Group of major aerospace OEMs and engine suppliers for validating CAD data. Mr. Andy Beaupré, GM of Sales and Support, at Kubotek Kosmos, will also participate in the webinar. According to CIMdata’s Ken Versprille, “We know that investment in CAD data quality today is real and substantial. Validation of that data, as it moves through the supplier chain, has become a key concern of aerospace OEMs, as well as in other industry verticals, that can be a decision point on whether to work

ANN ARBOR, Michigan, USA 28 June 2023—CIMdata, Inc., the leading global PLM strategic management consulting and research firm announces the release of a new eBook, Transform Development with Altair Digital Twin Technology. The eBook describes the definition, evolution, and application of digital twins that Altair, a long-term successful simulation solutions provider, has delivered to many industries and businesses. Altair introduced the notion of data scientists needing the skills of CAE specialist back in 2019. At the time Altair and CIMdata started surveying industries on digital twin technologies, their inception, and their ongoing adoption over the past four years. Altair published their latest digital twin survey in 2022, https://altair.com/digital-twin. Altair has now introduced Altair One™ built on the digital twin surveys research conclusions from the past three years. According to Craig Brown, a CIMdata Executive Consultant with over 45 years of experience in the use of computers and software solutions for the

Research was commissioned by the Aerospace & Defense PLM Action Group in collaboration with Siemens Digital Industries Software and other leading PLM solution providers. ANN ARBOR, Michigan, USA 27 June 2023—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the publication of a new eBook that summarizes the results of a multi-sponsor collaborative research program and highlights Siemens Digital Industries Software’s (Siemens) perspective on the topic of digital threads. The CIMdata-administered Aerospace & Defense PLM Action Group commissioned the research in collaboration with Siemens and four other leading product lifecycle management (PLM) solution providers. The concept of linking multiple representations of a product, each tuned to the needs of various creators and consumers along the lifecycle, is very powerful. Until recently, tracing these linkages has been primarily a manual process. But now, with recent advances in commercial PLM solutions, the digital thread, with automated linkages and traceability, has

ANN ARBOR, Michigan, USA 8 June 2023—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces that Doug Macdonald, Director of PLM Success and Executive Consultant, will join a webinar for PLM Professionals interested in learning more about the Smart Commercialization of Consumer Electronics Products. The webinar is on Thursday, 29 June, at 11:00 AM EDT. In today’s fast-moving and highly competitive consumer electronics environment, speed-to-market, and giving consumers what they want in a timely fashion are critical to success. Siloed departments, disconnected systems, and product data chaos can prevent launching the right products at the right time. The time has come for the smart commercialization of consumer electronics products, allowing enterprises to move away from spreadsheets, streamline processes, maximize profits, and slash time-to-market to reach the next level of product development. In this webinar, which is co-sponsored by Centric Software, attendees will learn about the following: How the emergence

ANN ARBOR, Michigan, USA 6 June 2023—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces an upcoming free webinar, “The Digital Transformation of Food & Beverage Product Development.” The webinar will take place on Thursday, 13 July 2023, at 11:00 a.m. (EDT) and will last for one hour. Change is accelerating in the food and beverage business, impacting all participants in the food & beverage value chain: grocery retailers, branded product manufacturers, private brand contract manufacturers, and suppliers of ingredients and raw materials. Consumers are driving some of this change by seeking more value, healthier products, improved visibility into ingredients and origins, and products with more sustainable ingredients and packaging. Other drivers for change come from within the industry as food contamination incidents remain at stubbornly high levels, traceability of ingredients appears out of reach, and food fraud continues to increase. Product lifecycle management (PLM) solutions have a

Research was commissioned by the Aerospace & Defense PLM Action Group in collaboration with Jama Software and other leading PLM solution providers. ANN ARBOR, Michigan, USA 1 June 2023—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the publication of a new eBook that summarizes the results of a multi-sponsor collaborative research program and highlights Jama Software's perspective on the topic of digital threads. The CIMdata-administered Aerospace & Defense PLM Action Group commissioned the research in collaboration with Jama Software and four other leading PLM solution providers. The concept of linking multiple representations of a product, each tuned to the needs of various creators and consumers along the lifecycle, is very powerful. Until recently, tracing these linkages has been primarily a manual process. But now, with recent advances in commercial PLM solutions, the digital thread, with automated linkages and traceability, has become a practical possibility. Leaders in the Aerospace