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Items filtered by date: September 2018 - CIMdata
  Cadence Design Systems, Inc reported its results under new revenue rules, ASC Topic 606. For the third quarter of 2018, Cadence reported revenue of $532 million, GAAP net income of $99 million, or $0.35 per share on a diluted basis, and non-GAAP net income (as defined below) of $139 million, or $0.49 per share on a diluted basis. Cadence also reported its results under the old revenue rules, ASC Topic 605, for easier comparison with prior results, all of which were reported under ASC Topic 605. Under ASC Topic 605, for the third quarter of 2018, Cadence reported revenue of $526 million, compared to revenue of $485 million reported for the same period in 2017. On a GAAP basis, Cadence recognized net income of $95 million, or $0.34 per share on a diluted basis, in the third quarter of 2018, compared to net income of $81 million, or $0.29
Published in Newsletter Articles
Accenture, a Platinum-level member of Oracle PartnerNetwork (OPN), has received 11 Oracle Partner awards in recognition of its sustained excellence, commitment and success in delivering innovative solutions to Oracle customers. Accenture’s awards were announced at Oracle OpenWorld in San Francisco. These build on 15 awards announced earlier this year, making a record number of Oracle Partner awards received in a single year by Accenture.   “Accenture excels in driving impactful business outcomes for Oracle customers around the world,” said Camillo Speroni, vice president of worldwide strategic alliances, Oracle. “Having been an alliance partner for more than 25 years, we’re delighted to honor them in this way for their ongoing success in delivering solutions on Oracle Cloud.”     The awards recognize partner excellence across several areas, including sales, marketing, solution development and customer satisfaction. Accenture received the following:   ·         2018 Specialized Partner of the Year: ERP Cloud – Global 
Published in Newsletter Articles
Tuesday, October 23, 2018

Oracle Buys DataFox

On October 22, 2018, Oracle announced that it has signed an agreement to acquire DataFox, whose cloud-based artificial intelligence (AI) data engine and derived business content provide the most current, precise and expansive set of company-level information and insightful data to optimize business decisions. DataFox continuously extracts detailed data on more than 2.8 million public and private businesses while adding 1.2 million businesses annually. Customers like Goldman Sachs, Bain & Company and Twilio utilize DataFox’s insightful data to prioritize accounts, enrich leads, refresh and harmonize CRM data and identify new prospects. The combination of Oracle and DataFox will enhance Oracle Cloud Applications with an extensive set of trusted company-level data and signals, enabling customers to reach even better decisions and business outcomes. To view the original press release, please click here. Search for Oracle on CIMdata.com Search for DataFox on CIMdata.com
Published in Newsletter Articles
Experienced PLM program manager joins CIMdata as PLM Community Practice Manager ANN ARBOR, Michigan, 23 October 2018—CIMdata, Inc., the leading global Product Lifecycle Management (PLM) strategic management consulting and research firm, announces that Janie Gurley has joined the firm as PLM Community Practice Manager, responsible for the coordination and execution of CIMdata’s PLM Community and associated solution provider strategic management consulting activities. During her 26 year career, Ms. Gurley has demonstrated broad experience in understanding and supporting strategic business execution with broad-based expertise in product development solutions within manufacturing. She has worked on projects in numerous industries, including aerospace, steel, steam engineering product solutions, engineered flow solutions (pumps, valves, and seals), mechanical and industrial engineering (oil and gas, power, chemical, water, pharmaceuticals and bio-based consumer goods), in-store and retail bakery ingredients/food production, coffee and brewers, fiberglass yarn, and casino slot games. Peter Bilello, President of CIMdata stated, “Janie Gurley comes to CIMdata with
Published in News & Press
Tuesday, October 23, 2018

Are You 3DEXPERIENCEd? (Commentary)

 PDF Key takeaways: Dassault Systèmes continues to drive its vision for ENOVIA forward by extending lifecycle support to business planning and after-sales while enriching it with expanded connectivity for lifecycle functions. Digital assets are becoming more valuable than physical assets and the 3DEXPERIENCE platform is designed to support this concept in multiple ways—as a business platform, as an operating system, and as an enabler of new business models. The enhancements to the 3DEXPERIENCE platform and ENOVIA with 2019X should be appealing to SmarTeam and SOLIDWORKS users, giving them the capabilities they need to advance their PLM maturity. POWER’BY offers PLM collaboration services that will help clients with multiple ECAD and MCAD authoring tools (including non-Dassault Systèmes tools) manage data using ENOVIA to improve configuration control and better distribute information to the enterprise. CIMdata attended a “3DEXPERIENCE ENOVIA Day” event on 28 September 2018. This analysts-only event provided updates on key aspects of ENOVIA’s positioning, business, and
Published in Commentaries
Leading global corporations Pöyry and Infosys announced the release of Krti 4.0® Artificial Intelligence (AI) Framework for Operational Excellence. The framework overcomes some complex and expensive lifecycle management challenges faced by industry, utilities and infrastructure organisations across operational technology (OT) systems. The Krti 4.0 model based data driven framework applies AI, cognitive/machine learning and Machine to Machine (M2M) capabilities to the industrial environment. The applied methodology identifies critical enterprise systems and assets and provides a deeper understanding of their behaviour to unlock and create new value for customers. Krti 4.0 is designed to dramatically reduce system maintenance costs and expensive operation shutdowns, and improve reliability, employee and environmental safety. Krti 4.0 combines the unique strengths of Infosys and Pöyry The Krti 4.0 model based data driven framework incorporates the Pöyry RAMS (Reliability, Availability, Maintainability, Safety) methodology, which defines the criticality of every asset contributing to the functioning of OT systems.
Published in Newsletter Articles
Accenture integrating Oracle technologies with Accenture myConcerto, a fully integrated digital platform that uses emerging technologies to drive enterprise transformation. Accenture myConcerto brings together Accenture’s most disruptive thinking, leading industry solutions and Oracle technologies to accelerate companies’ journeys to becoming intelligent enterprises. An insights-driven, comprehensive suite that incorporates Accenture’s pre-configured industry and business-function solutions, Accenture myConcerto enables automated and agile delivery, provisioning and deployment to accelerate time-to-value. It orchestrates design thinking, analyzes the business to discover value, uses intelligence to automatically create a customized business case and roadmap, and guides clients along their digital transformation. “Accenture myConcerto reflects our unique approach at Accenture to digital transformation,” said Bhaskar Ghosh, group chief executive, Accenture Technology Services. “Leveraging the power of platforms, the best of Accenture’s thinking and industry-specific Oracle capabilities, Accenture myConcerto is a powerful tool to help our clients lead in the New.” “Intelligent enterprises understand that in order to
Published in Newsletter Articles
New Generation Computing, Inc. (“NGC”), a leading provider of cloud-based solutions for product lifecycle management (PLM), supply chain management (SCM), quality control and vendor compliance, today announced that Rubie’s Costume Company, the world’s largest designer, manufacturer and distributor of Halloween costumes and accessories, has implemented NGC’s fashion and apparel PLM solution. The solution provides Rubie’s a common platform with critical path management processes to ensure costumes are on time, on trend and on budget. Rubie’s began in 1951 when Rubin Beige, known by his nickname “Rubie,” returned home from serving in World War II and opened a neighborhood soda shop and novelty store, hoping to make enough money to temporarily support his family. When he eventually realized the masks and costumes were selling better than anything else, he renamed the store “Rubie’s Fun House” and focused on costumes. From its humble beginnings, Rubie’s Costume Company has grown into a thriving, full-blown costume
Published in Newsletter Articles
Oracle welcomes more than 60,000 customers and partners from 175 countries and 19 million virtual attendees to Oracle OpenWorld 2018, the world’s most innovative cloud technology conference. View the infographic At the annual event, Oracle Executive Chairman of the Board and Chief Technology Officer Larry Ellison will talk about the latest-and-greatest technologies being incorporated into Oracle’s next-generation cloud that will make data an even more valuable asset across industries. Throughout the week, he and Oracle CEO Mark Hurd will take the stage alongside some of the biggest brands in business, including AT&T Business, Cisco, and Cummins. Oracle Chief Corporate Architect Edward Screven will join Mark Hurd to discuss the role of security and privacy in today’s globalized society, along with former Director of the Central Intelligence Agency (CIA) and the National Security Agency (NSA) Michael Hayden; former Secretary of Homeland Security Jeh Johnson; and former Chief of the British Secret
Published in Newsletter Articles
On October 20 2018, in the framework of Vietnam-Denmark Business Forum at the headquarter of Confederation of Danish Industry (DI), CMC Corporation from Vietnam signed a strategic cooperation agreement with Approxima, a partner from Denmark. The signing ceremony was witnessed by Prime Minister of the Socialist Republic of Vietnam Nguyen Xuan Phuc and the press agencies of the two countries.  With 25 years of development, CMC has been providing ICT products and services for major partners from multinational corporations in 21 countries such as Japan, Korea, USA, Singapore, etc. CMC has consulted and implemented SAP ERP system for Honda Vietnam, AEON IBS, provided telecommunications services for NTT Communications, SAMSUNG, AT&T… Ciber-CMC (a member company of CMC Corporation) is a leading consulting company to deliver professional implementation services in SAP's enterprise resource planning (ERP) solution and Microsoft Dynamics customer relationship management (CRM) solution. With more than 150 leading SAP & Microsoft
Published in Newsletter Articles
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