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Items filtered by date: July 2026 - CIMdata
L&T Technology Services, a global leader in Engineering Intelligence Solutions & ER&D Consulting Services, today announced the launch of AgenticIQ™, an end-to-end Agentic AI platform purpose-built for engineering and manufacturing organizations. Designed to help enterprises move beyond isolated AI pilots, AgenticIQ™ enables autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience, accelerating the adoption of Engineering Intelligence at scale. As enterprises increase investments in AI, many initiatives continue to struggle to move beyond proof-of-concepts into production. Disconnected engineering systems, manual processes and highly regulated environments often prevent organizations from scaling autonomous AI while maintaining governance, security and operational reliability. Built on LTTS' portfolio of Engineering Intelligence solutions, AgenticIQ™ transforms proven engineering capabilities into specialized, reusable AI agents through a planning-first architecture that is embedded directly into engineering and production workflows and designed to operate within enterprise governance boundaries. The platform helps safeguard critical data, intellectual property and regulatory compliance while
Published in Newsletter Articles
AECOM, the trusted global infrastructure leader, reported third quarter fiscal 2026 results. Included in AECOM’s third quarter results is a $337 million pre-tax charge resulting from a higher projected cost to complete a Construction Management project. The project was awarded in 2019 under terms and conditions that would not be acceptable after the substantial changes the Company implemented to its risk policies several years ago. The project is expected to achieve substantial completion during the second quarter of fiscal 2027. The Company is pursuing claims related to its work on the project and confidence in recovery has been validated by successes on initial matters that have been ruled upon to date; however, it will likely take several years and litigation to fully resolve all matters. As a result, the Company is now projecting full year free cash flow of approximately $300 million. “We are disappointed by the loss we took this quarter on the Construction Management project,” said Troy Rudd,
Published in Newsletter Articles
Tech Mahindra, a leading global provider of technology consulting and digital solutions to enterprises across industries, announced the launch of its sonic identity, marking the next milestone in the company’s brand transformation journey. The sonic identity complements Tech Mahindra’s refreshed visual identity by translating its ‘Scale at Speed™’ brand promise into a distinctive sound experience, creating a consistent and recognizable presence across every brand interaction. As brands increasingly engage audiences across digital, physical, and immersive environments, sound has emerged as a powerful tool for creating emotional connections and strengthening brand recall. Designed for an increasingly AI-mediated world, the sonic identity is built to work seamlessly across emerging voice interfaces, AI agents, and ambient digital experiences. Inspired by Tech Mahindra’s brand archetypes of the Creator and the Sage, the sonic identity balances innovation with deep expertise to evoke warmth and a sense of belonging, inspire curiosity, and instill confidence across every brand
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Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions and Google Cloud have set up a new Gemini Experience Center (GEC) in Mexico City, TCS’ second in Latin America and the ninth worldwide. Located in TCS’ Mexico City office, the new facility will empower organizations in the region with advanced AI capabilities and help accelerate the development of solutions that drive innovation, productivity, and data-driven decision-making. The newly launched GEC is equipped with over 3,000 industry- and context-aware AI agents built by TCS with Gemini Enterprise that integrate seamlessly into customer environments. Some of these AI-led solutions were demonstrated during the launch, including intelligent process assessment, fraud investigation for financial institutions, automated insurance claims processing, and generative AI-powered data acceleration. Javier Carrique, Head of Partners & Alliances for Latin America, Google Cloud,said, “As artificial intelligence reshapes how organizations compete and create value, unlocking its full potential depends on
Published in Newsletter Articles
Science Applications International Corp. announced that David Benson and David Cush have been appointed to its Board of Directors, effective August 20, 2026. Both will serve as members of the Audit Committee and additionally, Mr. Benson will serve on the Human Resources and Compensation Committee and Mr. Cush will serve on the Nominating and Corporate Governance Committee. Their appointments bring the Board to 12 members and further strengthen the Board with deep expertise in operational enterprise transformation, financial leadership, capital allocation, and governance. Mr. Benson is a seasoned financial services executive and former President, Chief Financial Officer (CFO), and Interim Chief Executive Officer (CEO) of Fannie Mae, where he led one of the nation's largest and most complex financial institutions through significant transformation and drove record levels of profitability, overseeing revenue-generating businesses and corporate functions. Mr. Cush is an accomplished chief executive and public company director whose experience leading large-scale aviation
Published in Newsletter Articles
LTM, the Business Creativity partner to the world's largest enterprises, announced a strategic collaboration with Chainguard, the trusted source for open source, to strengthen software supply chain security through BlueVerse™ RightLogic, LTM's cybersecurity assessment and risk assurance framework. The collaboration enables organizations to strengthen security while maintaining the speed and agility required for AI-enabled software development. With BlueVerse RightLogic, LTM combines AI-powered cyber risk assessment with a growing ecosystem of technology partners to help enterprises identify, assess, and remediate cyber exposure while accelerating AI adoption. Chainguard strengthens the BlueVerse™ RightLogic ecosystem by helping enterprises secure open-source components from the outset, complementing LTM's cybersecurity services to close the gap between AI-speed discovery and enterprise-speed remediation. As AI adoption accelerates, complex software supply chains and growing reliance on open-source components have made software supply chain security a strategic priority. With vulnerabilities now discovered and exploited at machine speed, organizations need trusted ways to manage open-source risk without
Published in Newsletter Articles
At Siemens Realize LIVE, one message came through clearly: AI is not replacing engineering but transforming the way engineers conduct their work.  Kinetic Vision was proud to be recognized during the keynote as an industry leader in AI-powered simulation using Siemens PhysicsAI. This advanced CAE capability turns historical simulation data into reliable, high-fidelity predictive models, accelerating workflows that have traditionally required hours—or even overnight—into results delivered in minutes or seconds.  Faster simulation gives engineering teams more freedom to explore. With quicker access to insights, teams can evaluate more concepts, narrow the design space, and make informed decisions earlier in the product-development process.  What PhysicsAI Enables: Shorter development cycles: Teams can evaluate more design options upfront by accelerating early-stage simulation and design evaluation. Lower material costs at scale: Lightweighting gains of 20–30% can compound into significant savings across high-volume production. Speed with confidence: PhysicsAI can produce results up to 1,000 times faster than traditional simulation methods while maintaining proven accuracy. Reduced environmental footprint: Kinetic Vision’s lightweighting studies
Published in Newsletter Articles
iBase-t, a leader in AI-native digital manufacturing and sustainment software solutions for Aerospace & Defense manufacturers, announced a strategic restructuring of its customer success function and the promotion of Chelsea Morgan to Vice President of Customer Success. Morgan will lead a newly defined organization built to replace reactive, relationship-dependent customer engagement with structured, measurable outcome accountability — beginning in the sales cycle and continuing through implementation, adoption, and continuous improvement. “Our customers need a team that understands their operations, measures what was promised against what’s been delivered, and stays engaged long after go-live,” said Chelsea Morgan, Vice President of Customer Success at iBase-t. “This organization is built to make that real with quantitative value tracking, dedicated operational expertise on the shop floor, and a framework that holds us accountable for results.” Central to the new organization is a focus on helping customers approach Solumina adoption as a strategic initiative and not just
Published in Newsletter Articles
GenAlpha Technologies is pleased to announce a new strategic partnership with Joyn Collective, a business transformation and change enablement firm that helps organizations turn strategic priorities into measurable results. Manufacturers and distributors are at varying stages in their digital journeys. Some have a clear vision, defined priorities, and are ready to invest in technology that improves the customer or dealer experience. Others know they need to modernize but are still working through where to focus, what outcomes matter most, and how to build alignment around the changes ahead. The partnership between GenAlpha and Joyn Collective reflects a shared belief that meaningful transformation starts with understanding the business strategy first. Joyn Collective brings expertise in helping organizations clarify priorities, define measurable outcomes, and prepare their teams for the change required to move those priorities forward. GenAlpha brings deep experience in aftermarket technology and in creating better digital experiences for manufacturers, distributors, dealers, and customers. Together,
Published in Newsletter Articles
Fourth Module of the 2026 PLM MAR Report Series ANN ARBOR, Michigan, USA, 11 August 2026—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the release of the CIMdata PLM Geography Analysis Report, the fourth of five modules in the CIMdata 2026 Market Analysis Report Series. The MAR Series provides detailed information and in-depth analysis of the worldwide PLM market in 2025. It includes analyses of major trends and issues; revenues of leading PLM solution providers; and revenue analyses for geographical regions and industry sectors, along with historical and projected data on market growth. Distribution of PLM Revenue by Geography “The PLM market grew to US$88.25 billion in 2025, a 9.9% increase over 2024,” said Mr. John MacKrell, CIMdata’s Chairman. “The Americas region is forecast to grow at a CAGR of 8.5% to US$52.7 billion in 2030. EMEA and AP will have CAGRs of 7.8% and 8.9%, respectively. EMEA
Published in News & Press
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