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Items filtered by date: July 2015 - CIMdata
Tata Technologies has been named a finalist for Automation Alley’s 2015 Technology Company of the Year award. Southeast Michigan’s leading technology companies were chosen to compete for the award for their boundary-pushing products, solutions and services that are shaping the future of manufacturing. Automation Alley’s Technology Company of the Year Award recognizes a local company that’s leading its industry and enhancing the region as a center for innovation. This year’s finalists also include Altair Engineering and Delphi Automotive. “Tata Technologies is dedicated to helping great manufacturers create better products and run better businesses through the application of advanced technologies,” said Kevin Noe, Sales President and Chief Operating Officer – Americas at Tata Technologies. “It’s an honor to be considered for this prestigious award along with the other distinguished companies that have been nominated.” Tata Technologies was selected for its efforts to advance high-tech engineering, design and manufacturing in the region. Notably, the company
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ASCON Group is pleased to announce the second release of Renga Architecture, its 3D AEC CAD software platform. Newly added is the awaited API, along with building foundations, textures and renderings, and several other enhancements. This first update to Renga Architecture fulfills requests from many users. The key milestone in the development of Renga Architecture is opening up its API (applications programming interface) to third-party developers. From now on individuals with some programming knowledge and professional software developers can create add-on applications for Renga Architecture. New Rendering, Lighting, and Textures One of the first wishlist items from users of Renga Architecture was for photorealistic visualization. Their wishes have been granted through the new Artisan Rendering module. A command in Renga Architecture synchronizes the model with Artisan Rendering, where users can apply textures, add lightning, and generate renderings of their 3D models. The new rendering module at the same time is an example of how
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Infor and OpenSesame Inc., an industry leading provider of e-learning courses for the enterprise, announced a partnership to help organizations enhance professional development through curated learning applications. Through this partnership, Infor aims to provide easily downloadable learning courses from OpenSesame that Infor customers can use and access via their Infor Learning Management System (LMS) - ultimately providing more flexible training solutions for the global workforce. "Through the partnership with OpenSesame, Infor aims to offer its customers one of the broadest, deepest and freshest libraries of enterprise e-learning courses currently in the industry," said Victor Belfor, vice president of Partnerships and Distribution Strategy at OpenSesame. "Fortune 1000 learning executives come to our carefully curated marketplace every day to find relevant and valuable courses from some of the best publishers in the world." Specifically, Infor expects to offer its customers learning bundles dedicated to Microsoft Office Library, Healthcare, and access to more than 25,000
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Videos have been added to Delcam’s Delcam.tv website showing the three main demonstrations from the special open house held at the DMG-MORI showroom in Coventry during May.  The first demonstration showed how PowerMILL can be used to machine extremely complex shapes both safely and efficiently on advanced five-axis machine tools like the DMG DMU 75 monoblock.  The example chosen was a Möbius strip, a surface with one continuous side formed by joining the ends of a rectangular strip after twisting one end through 180°.  The demonstration can be seen at www.delcam.tv/dmg-pmill The complexity of the shape meant that the programming needed to use the new Advanced Simulation & Verification module in PowerMILL.  This allowed complete verification, covering cutting moves, leads and links, and tool changes, of the project for machine-tool issues such as collisions.  The comprehensive verification performed ensured that the program could be run without machine-tool collisions or tooling collisions and
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Inspiring through innovation – Edgecam, VISI and Hexagon Metrology are exhibiting machining techniques, latest software and a portable measuring arm at Seco Tools’ manufacturing best practice event. Edgecam is demonstrating game-changing Waveform Roughing cycles on a DMG Mori CTX 1250, while VISI will be driving a DMG Mori DMU80, machining a scaled down Formula 1 car. The ROMER Absolute Arm, from Hexagon Metrology, features absolute encoders and does not require referencing before measurement. The arm, with integrated laser scanner, is an all-purpose metrology system for almost any measurement need. CNC milling, rapid prototyping and reverse engineering are just some of its touch-probe measurement applications. It demonstrates its versatility with quality control, inspection, on-machine verification, reverse engineering, virtual assembly and 3D modelling. All three products are forming part of the exhibitions at Seco Tools’ two day ‘Inspiration Through Innovation’ event on September 23 and 24. To be held at Seco Tools (UK), in Warwickshire,
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Mentor Graphics Corporation announced financial results for the company’s fiscal second quarter ended July 31, 2015. The company reported revenues of $281.1 million, non-GAAP earnings per share of $0.36, and GAAP earnings per share of $0.26. “Revenue was an all-time second quarter record and Mentor exceeded non-GAAP earnings per share guidance for the 26th consecutive quarter,” said Walden C. Rhines, chairman and CEO. “Customer need for increased amounts of software drove early renewal activity and the upside in the quarter. Demand was strongest in both Design to Silicon and Scalable Verification. During the quarter we added five new emulation customers, including both a Top Ten chip company and a start-up.” During the quarter, the company announced Veloce® Power Application software, which captures real power consumption during emulation and passes the information efficiently to power analysis tools. Mentor also announced its next-generation MicReD® Industrial Power Tester, which now provides 1500 amp electronic component
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·         Third quarter net revenue of $25.3 billion ·         Third quarter non-GAAP diluted net earnings per share of $0.88, versus the previously provided outlook of $0.83 to $0.87 per share ·         Third quarter GAAP diluted net earnings per share of $0.47, versus the previously provided outlook of $0.50 to $0.54 per share ·         Third quarter cash flow from operations of $1.7 billion ·         Returned $670 million to shareholders in the form of share repurchases and dividends in the third quarter   HP fiscal 2015 third quarter financial performance     Q3 FY15   Q3 FY14   Y/Y GAAP net revenue ($B)   $25.3   $27.6   (8%) GAAP operating margin   4.8%   5.3%   (0.5 pts.) GAAP net earnings ($B)   $0.9   $1.0   (13%) GAAP diluted net earnings per share   $0.47   $0.52   (10%) Non-GAAP operating margin   8.6%   8.5%   0.1 pts. Non-GAAP net earnings ($B)   $1.6   $1.7   (6%) Non-GAAP diluted net earnings per share   $0.88   $0.89   (1%) Cash flow from operations ($B)   $1.7   $3.6   (54%)               Information about HP's use of non-GAAP financial information is provided under "Use of non-GAAP financial information" below.  HP announced financial results for its fiscal 2015 third quarter ended July 31, 2015.  Third quarter net revenue of $25.3 billion was down
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Delcam will demonstrate the latest releases in its range of manufacturing software at the Advanced Engineering exhibition to be held in Birmingham on the 4th and 5th November.  New releases will be on show of the modelling-for-manufacture CAD system, PowerSHAPE, the PowerMILL CAM system for high-speed and five-axis machining, the FeatureCAM feature-based programming system and the PowerINSPECT inspection software. The 2016 release of PowerSHAPE Pro software will help users to complete complex designs more quickly and more easily.  In addition, a combination of new, more efficient, code and the extension of multi-threaded calculations to many commonly-used tasks will make the software significantly faster than any previous version. One key enhancement allows groups of features to be copied between two solids in a single operation.  While the features do not need to be of the same type, the most common application is expected to be in copying patterns of holes from one solid
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Accenture is launching five advanced analytics applications for the telecommunications industry, equipping users with customized analytics insights that can empower them to make smarter, data-driven decisions. Developed through the Accenture Analytics Applications Platform – a scalable platform that develops industry- and function-specific advanced analytics applications that are reusable, configurable and adaptable to meet the needs of each unique company and its individual users – the new analytics applications are designed to help telecommunications companies make more effective pricing, staffing, maintenance and planning decisions. “Countless companies are vying to be the next big digital disruptor in the highly competitive global telecommunications industry,” said Marco Vernocchi, senior managing director, Accenture Communications, Media and Technology – Global Digital Lead. “One way to have a strong foot in this race is by turning data into an asset and using it to make insight-driven decisions. When data is put to work through advanced analytics applications and
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SAP SE announced its financial results for the second quarter and first half ended June 30, 2015. SAP again delivered exceptionally strong growth in the cloud. Second quarter non-IFRS cloud subscriptions and support revenue grew 129% year-over-year (92% at constant currencies) to €555 million.[1] New cloud bookings, the key measure for SAP’s sales success in the cloud, increased 162% in the second quarter to €203 million.[2] The Company had a very strong non-IFRS cloud and software revenue performance with 21% growth (9% at constant currencies) to €4.06 billion. Non-IFRS operating profit increased 13% (1% at constant currencies) to €1.39 billion. “When I speak with CEOs, they are looking for a road map to digitize their business and to create new business models,” said SAP CEO Bill McDermott. “Our business is thriving because we have the most complete vision for how to make this transition to digital business a simple one. I am confident
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