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Items filtered by date: December 2025 - CIMdata
HCLTech, a leading global technology company, announced the elevation of company veteran Sandeep Saxena to Chief Growth Officer – Growth Markets 2, to lead India and other key markets, including the Middle East and Africa. The appointment is part of HCLTech’s strategy to sharpen its focus, in particular, on the India region. Sandeep will be based in Mumbai, India and report to the CEO & Managing Director, C Vijayakumar. Commenting on the appointment, C Vijayakumar said, “HCLTech has played a defining role in shaping India’s technology growth story through sustained innovation and global leadership. As one of the world’s fastest-growing economies, India presents a significant opportunity, and we will bring our global scale, deep expertise and full-stack capabilities to help enterprises harness next-generation technologies and accelerate growth. We are equally committed to advancing the Government of India’s Viksit Bharat and Digital India vision, driving public sector digital transformation and building globally relevant intellectual property from India.” “I
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Revalize, a worldwide leader in CAD, CPQ, and PLM software solutions for manufacturers, introduced its newly developed Partner Program. This initiative is designed to empower partners to unlock new growth opportunities, navigate the evolving challenges of the manufacturing sector, and deliver greater value to customers worldwide. The Revalize Partner Program provides a structured framework for collaborative growth, combining advanced tools, shared expertise, and new opportunities for partners to expand their global market reach. “In an industry facing expanding complexity and demand for speed to market, partnerships have become increasingly important to ensure manufacturers receive the value they require to succeed,” said Mike Sabin, CEO of Revalize. “With the Revalize Partner Program, we’re providing our partners far more than access to our CAD, PLM, and CPQ portfolio. We’re equipping them with the tools, insights, and enablement they need to excel in their markets, unlock new revenue streams, and ultimately deliver measurably better results for their customers.” Key benefits
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Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, announced a strategic collaboration with AMD to help enterprises scale AI adoption from pilots to production, modernise legacy environments, and build secure, high performance digital workplaces. Under the collaboration, TCS and AMD plan to engage on the co-development of industry specific AI and GenAI solutions by combining TCS’ deep domain expertise, systems integration capabilities and global innovation ecosystem with leadership AMD high performance computing and AI product portfolio. Together, the companies will help enterprises modernize hybrid cloud and edge environments, deploy AI-powered workplace solutions, and accelerate innovation across cloud-to-edge workloads. TCS will also rapidly upskill and certify its associates on cutting-edge AMD hardware and software technologies. The two companies plan to jointly invest in talent that will help build a deep pool of experts who can co-innovate and deliver next-generation AI solutions. Additionally, industry-specific GenAI frameworks will be developed for
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TD SYNNEX, a leading global distributor and solutions aggregator for the IT ecosystem, announced the expansion of the availability of BricsCAD across Europe through Datech, its specialist design software division. The move builds on the collaboration established earlier this year in the Americas and increases partners' access to the BricsCAD® product line across the region. Under the expanded agreement, Datech will distribute BricsCAD, a comprehensive CAD platform for 2D drafting, 3D modeling, BIM, mechanical design, and surveying workflows. Smart, scalable, and affordable, BricsCAD delivers proven design productivity and altogether better value than traditional alternatives. Jaap Smit, Senior Vice President, Datech and Business Applications Global at TD SYNNEX, said: “Datech is dedicated to uniting design software solutions that deliver real business outcomes. By adding BricsCAD to our portfolio, we enrich the breadth and depth of our offerings and provide customers with solid alternatives that the CAD market demands. Our robust digital distribution platform and
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ANN ARBOR, Michigan, USA 14 January 2026—CIMdata, Inc., the leading global research, consulting, and education firm specializing in Product Lifecycle Management (PLM) and the Digital Transformation it enables, today announced the launch of a new global research initiative, “AI in Product Development.” While Artificial Intelligence (AI) currently dominates industry conversations, industrial organizations are facing a critical data gap. Industrial organizations, as well as PLM software and service providers, currently lack neutral, fact-based data to understand how AI is being applied across the global and rapidly evolving PLM ecosystem. This absence of objective benchmarking makes it difficult for leaders to assess their progress, validate investment priorities, or build reliable, forward-looking digital strategies. In response, CIMdata is establishing the industry’s first authoritative baseline for AI adoption. The research focuses on the "front end" of the product lifecycle—from initial concept and design through simulation and manufacturing planning. Research Scope & Methodology: The study defines "AI" broadly
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Bechtle AG continues to strengthen its position in the European Product Lifecycle Management (PLM) market with the acquisition of Budapest-based EuroSolid Zrt., the largest Dassault Systèmes SOLIDWORKS partner in Hungary. Founded in 2009, EuroSolid employs 31 highly skilled professionals and reported revenue of €3.5 million in the previous financial year. Managing partners Zoltán Wiesler and Csaba Zombor will remain at the helm of the company. By acquiring Hungary’s leading SOLIDWORKS provider EuroSolid, Bechtle is expanding its PLM activities to nine European countries. EuroSolid has long been a trusted partner to Hungary’s manufacturing industry, serving more than 1,000 customers with integrated solutions in Computer-Aided Design (CAD), Computer-Aided Manufacturing (CAM), and complementary applications for a range of use cases and sectors. The company also provides extensive training and support services and maintains partnerships with numerous educational institutions across Hungary. Bechtle expects the acquisition to create strong synergies with its PLM companies throughout Europe, particularly in development
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Open Text Corporation announced that it has successfully completed its previously announced divestiture of an on-premises solution, eDOCS, a part of its Analytics portfolio, to NetDocuments Software, Inc., for $163 Million in cash before taxes, fees and other adjustments.  “The closing of this transaction reinforces our strategic commitment to divest non-core assets as we continue to sharpen our focus on growing our core business to accelerate long-term value creation”, said Tom Jenkins, OpenText Executive Chairman of the Board and Chief Strategy Officer.  OpenText intends to use the net proceeds from the divestiture to reduce outstanding debt.  To view the original press release, please click here. Search for OpenText on CIMdata.com Search for NetDocuments Software on CIMdata.com
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Siemens announced it has acquired ASTER Technologies (“ASTER”), a privately held market leader in printed circuit board assembly (PCBA) test verification and engineering software. This strategic move integrates ASTER’s advanced "shift-left" design for test (DFT) functionality directly into Siemens' Xpedition™ software and Valor™ software – part of the Siemens Xcelerator portfolio of industry software – establishing an unparalleled, comprehensive portfolio for electronic systems design. The acquisition empowers customers with a truly integrated digital thread from PCB design engineering to manufacturing, enabling earlier defect detection, reduced costs, accelerated time-to-market and improved product quality and reliability. Addressing growing complexity in electronicsThe acquisition comes at a critical time, as the accelerating demand for automotive electronics and the increased integration of 5G technology in electronics systems necessitate robust testing solutions to help to ensure safety, reliability and compliance with stringent standards. A comprehensive test engineering strategy is paramount to intercepting defects, avoiding costly design re-spins,
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Electronic System Design (ESD) industry revenue increased 8.8% to $5,566.4 million in the third quarter of 2025 from the $5,114.5 million registered in the third quarter of 2024, the ESD Alliance, a SEMI Technology Community, announced today in its latest Electronic Design Market Data (EDMD) report. The four-quarter moving average rose 10.4%, based on a comparison of the most recent four quarters to the prior four. “The electronic design automation (EDA) industry continues to report strong year-over-year revenue growth in Q3 2025,” said Walden C. Rhines, Executive Sponsor of the SEMI Electronic Design Market Data report. “All product categories reported increases, with Semiconductor IP (SIP) and Services showing double digit gains. Geographic regions including Americas, EMEA, and APAC reported growth in Q3, with a double digit increase in APAC.” The companies tracked in the EDMD report employed 73,185 people globally in Q3 2025, a 17.3% increase over the Q3 2024 headcount of 62,417 and up 0.9% compared
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HCLTech, a leading global technology company, delivered a strong performance for the quarter ended December 31, 2025, with USD revenue at $3.8 billion. The revenue in constant currency (CC) increased 4.2% QoQ and 4.8% YoY. “(We had) another standout quarter on all fronts… with a strong recovery of operating margin to 18.6%. The strong revenue momentum in the quarter has enabled us to cross $15 billion in annualized revenues. Our new bookings were exceptionally high at $3 billion. We are well-positioned to address the evolving AI demand of our clients across industries and service lines,” said C Vijayakumar, CEO & Managing Director, HCLTech. Services revenue (CC) grew 1.8% QoQ and 5% YoY. HCL Software revenue (CC) grew sharply by 28.1% QoQ and 3.1% YoY, driven by seasonality and the data Intelligence portfolio. HCLSoftware’s annual recurring revenue (ARR) stands at $1.07 billion. Advanced AI revenue for the quarter, which the company began reporting
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