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Items filtered by date: July 2026 - CIMdata
In tomorrow’s industry, AI is not an add-on but sits at the very core of value creation. Companies must therefore deeply integrate Industrial AI into their systems and processes to stay ahead of the competition. At Open World 2026 from September 23 to 24, CONTACT Software will present technologies, strategies, and real-world use cases to embed AI throughout the entire value chain without compromising digital sovereignty. In his opening keynote, CONTACT’s COO Maximilian Zachries will outline how the company is strategically expanding its corporate group and strengthening its position as a digitalization partner for its customers, guided by a clear vision for the future. Chief Product Officer Frank Patz-Brockmann will then offer a look at the strategic roadmap of the Elements platform and the pivotal role Fourier AI plays in it. To complete the picture, CONTACT’s product managers will present upcoming innovations customers can look forward to in the near future. A wide range
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LeverX has joined SAP's Business AI Partner-led Adoption Incentive Program, becoming one of the approved partners participating in SAP's new initiative to accelerate Business AI adoption. The program is part of SAP's €100 million global investment to help organizations implement Business AI solutions through qualified SAP partners. The program provides funding of up to €100,000 for eligible projects that deploy SAP AI assistants and agents, develop custom AI solutions, and build business applications and workflows using Joule Studio and SAP Build. By working with an approved partner, organizations can access SAP-supported implementation services for qualifying Business AI projects. SAP introduced the program to help organizations move from AI planning to implementation with support from partners experienced in SAP technologies and business processes. What the Incentive Supports The SAP Business AI Partner-led Adoption Incentive Program covers different types of Business AI projects. Organizations can start with targeted AI assistant and agent deployments for specific business
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Gamma Technologies (GT), the global leader in multi-physics systems simulation platforms, announced the availability of AI.modeler, the newest tool in GT Intelligence Studio, the company’s AI-driven engineering platform built directly into GT-SUITE. AI.modeler joins AI.advisor and AI.coder as part of GT Intelligence Studio, with every capability natively embedded into the GT-SUITE interface. These AI tools reduce repetitive simulation work, improve the consistency of engineering analysis, and free up time for innovation. A significant share of an engineer’s time is spent not on innovation, but on manually building models attribute by attribute, and potentially writing scripts for post-processing and reporting. GT Intelligence Studio is built to close that gap, handling the time-consuming parts of the job so engineers can focus on the judgment calls that require their expertise. Three AI Tools, One Environment, Built into GT-SUITE GT Intelligence Studio brings together three purpose-built AI tools, each grounded in GT’s own documentation, product knowledge, and
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CloudNC - a manufacturing technology company - announces that its CAM Assist solution, which uses AI to generate machining strategies for 3 and 3+2 axis CNC machines, is now available for GibbsCAM users. The new software is available as an AI-enabled add-on for GibbsCAM, the CAM software solution used by machine shops to program CNC machines for everything from everyday production work to complex, geometrically-demanding components. The development brings the benefits of CAM Assist to even more machinists around the world, enabling GibbsCAM users to easily program toolpaths and machine parts more efficiently than ever before, within their familiar CAM workflow. Theo Saville, chief executive and co-founder at CloudNC, said: “GibbsCAM is a powerful fit for machine shops that want a smart, flexible CAM solution that can scale from day-to-day production work to produce complex components. Bringing CAM Assist to GibbsCAM helps those users go even faster, meaning programmers can spend less time
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Minor Hotels has successfully rolled out Oracle OPERA Cloud across 106 of its hotels, resorts, and branded residences in 59 countries. This milestone marks a significant step in Minor’s digital transformation strategy and commitment to elevating guest and associate experiences across its portfolio. The hotel chain also added Oracle OPERA Cloud Central, further strengthening its central reservation and distribution capabilities. “At Minor Hotels, digital transformation is about far more than modernizing systems. It is about building a connected commercial ecosystem that unifies our brands, our data and every guest interaction across the journey,” said Ian Di Tullio, chief commercial officer, Minor Hotels. “Oracle OPERA Cloud provides an important foundation for that vision, enabling us to accelerate innovation, strengthen personalization, and create more seamless experiences for both our guests and our teams." Laying the foundation for faster, more agile operations Faced with rapid expansion across Asia Pacific, the Middle East, Africa, and Australasia, Minor Hotels recognized the need
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Xometry, Inc., the global AI-native marketplace connecting buyers and suppliers of custom manufacturing, announced its financial results for the second quarter ended June 30, 2026. “Our product-led growth strategy drove record results in the second quarter, accelerating marketplace growth to 45% year-over-year. We further improved our proprietary AI models and marketplace experience, driving strong buyer growth and increasing wallet share in larger accounts,” said Sanjeev Singh Sahni, CEO at Xometry. “We continue to strengthen Xometry’s position as the infrastructure for custom manufacturing. This foundation is enabling us to rapidly penetrate the vast, fragmented offline market and accelerate our market share gains.” “Revenue growth accelerated for the fourth quarter in a row in Q2. This accelerating top line was paired with yet another quarter of improved adjusted EBITDA profit margins, up 380 points year-over-year to 6.2%,” said James Miln, CFO at Xometry. “Our successful equity offering in June further strengthened our balance sheet, ending Q2
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Schaeffler AG published its interim financial report for the first half of 2026. In a persistently challenging market environment, the company generated 11,667 million euros in revenue, which was at the prior-year level (prior year: 11,845 million euros). At constant currency, revenue grew by 0.4 percent. Its diversified structure as a Motion Technology Company with four product-oriented divisions enabled the Schaeffler Group to offset declining market trends in certain segments with growth in other areas. At group level, the Americas (0.9 percent) and Asia/Pacific (7.1 percent) regions increased their revenue at constant currency during the reporting period. Europe (-0.5 percent) and Greater China (-3.7 percent) region revenue was below prior year at constant currency. The Schaeffler Group generated 549 million euros in EBIT before special items in the first six months of the year (prior year: 482 million euros). This represents an EBIT margin before special items of 4.7 percent (prior year:
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Emerson reported results1 for its third quarter ended June 30, 2026 and updated its full year outlook for fiscal 2026. Emerson also declared a quarterly cash dividend of $0.555 per share of common stock payable September 10, 2026 to stockholders of record on August 14, 2026. Management Commentary "Emerson had an outstanding third quarter with sales, margin expansion, earnings and cash flow all exceeding expectations," said Emerson President and Chief Executive Officer Lal Karsanbhai. "Demand was robust, with underlying orders up 7%, led by Software & Systems and broad-based growth in North America and Asia. The conflict in the Middle East remains fluid, and I am proud of our team's ability to deliver results and support our customers around the world." Karsanbhai continued, "We are raising our full year guidance, reflecting our strong third quarter performance and healthy demand. Secular tailwinds continue to support sustained investment in our growth verticals and provide a solid foundation
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AMETEK, Inc. announced its financial results for the second quarter ended June 30, 2026. AMETEK's second quarter 2026 sales were a record $2.04 billion, a 15% increase over the second quarter of 2025. On a GAAP basis, second quarter earnings were a record $1.77 per diluted share. Adjusted earnings in the quarter were a record $2.09 per diluted share, up 17% from the second quarter of 2025. Adjusted earnings adds back non-cash, after-tax, acquisition-related intangible amortization, financing fees and integration costs of $0.32 per diluted share. GAAP operating income was a record $528.2 million. Adjusted operating income increased 18% to a record $544.4 million and operating margins were 26.6% in the quarter, up 60 basis points from the prior year. Operating cash flow in the quarter was up 35% to $483.7 million and free cash flow to net income conversion was 111%. A reconciliation of reported GAAP results to adjusted results is included in the financial tables accompanying this release and on the AMETEK website. "AMETEK delivered superb
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Emerson announced that Rudy Sengupta, Vice President and General Manager of Test and Analytics Software at Emerson Test & Measurement, has been appointed Senior Vice President, Chief Technology and AI Officer, effective August 15, 2026. In this role, Sengupta will be a member of Emerson's Office of the Chief Executive and shape the Company's technology and AI strategy across Emerson's leading portfolio of industrial software, control and intelligent devices. He succeeds Peter Zornio, who will retire December 31, 2026 after two decades with Emerson. Since joining Emerson through its acquisition of NI, Sengupta has helped advance the Test & Measurement segment's differentiation and resiliency through software, AI and recurring revenue growth. He brings decades of experience in software-defined test automation, spanning engineering, product and corporate strategy, and operations. In his current role, he evolved the segment's software business toward holistic test workflow and data analytics solutions and spearheaded the integration of
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