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Items filtered by date: May 2018 - CIMdata
Approximately six in seven aerospace/defense companies (86 percent) expect to integrate blockchain into their corporate systems within three years, according to a new research report from Accenture.   One of the world’s newest and most promising technologies, blockchain is a type of distributed ledger that maintains and records data in a way that allows multiple stakeholders to confidently and securely share access to the same information. According to the report – titled “Launchpad to Relevance: Aerospace & Defense Technology Vision 2018” – blockchain’s secure, immutable and decentralized features can help aerospace companies reduce maintenance costs, increase aircraft availability, and minimize errors in tracking aircraft parts.    The 86 percent of respondents from aerospace and defense companies who said they plan to integrate blockchain in their corporate systems by 2021 was higher than the percentage for all but two of the 18 industries surveyed as part of Accenture’s broader Technology Vision research. 
Published in Newsletter Articles
Accenture has opened a Liquid Studio in Bratislava to help clients speed up innovation and software deployment cycles, as well as a Nano Lab, which offers a window into the extensive research and development conducted by Accenture Labs worldwide.   At the Accenture Liquid Studio in Bratislava, clients work side-by-side with highly skilled Accenture professionals, building innovative solutions with speed and agility. To accomplish this, Liquid Studio teams are grouped in highly interconnected pods, working with contemporary development approaches such as Agile methodologies powered by DevOps, and disruptive technologies including artificial intelligence, augmented reality, blockchain and cloud.   The Nano Lab complements the Liquid Studio in Bratislava by bringing the latest breakthroughs in applied research from Accenture Labs around the world, and demonstrating the potential of emerging technologies through compelling case studies and demos.   “With these new offerings, we are able to bring the latest technology innovations to our clients, fostering a startup-like
Published in Newsletter Articles
 PDF On June 14, 2018, Dassault Systèmes, a leader in the global PLM market, announced they had signed a definitive agreement to acquire a majority stake in Centric Software (Centric), an independent provider of data and process management solutions primarily for the retail, footwear, and apparel (RFA) markets. The announcement provided some interesting details about the notoriously quiet Centric, specifically their 2017 revenues of $61 million, which they claimed was 60% growth over the previous year. Centric has been rumored to be up for sale for the last three years, a common occurrence at private equity funded companies, so their sale was not a complete surprise. Dassault Systèmes has competed in the RFA space for a number of years. Despite some high-profile wins, their offering has struggled to gain traction. In contrast, Centric has been very aggressive in growing their impressive global team of RFA subject matter experts (SMEs) and building their
Published in Commentaries
Modelon is pleased to announce new Modelon-powered capabilities in ANSYS® Twin Builder™, part of the recently released ANSYS 19.1 software. Modelon’s industry-leading heating and cooling libraries are now available for purchase directly through the ANSYS App Store, providing users with a one-stop-shop to easily purchase and install these features, making it faster and easier to build digital twins. This announcement is consistent with Modelon’s Multi-Platform strategy, intended to provide broad access to Modelon’s Modelica and FMI compliant technologies to system simulation engineers worldwide. Today, Modelon’s open-standards based technology is available on several industry recognized platforms, including Twin Builder. "We are excited about our expanded partnership with ANSYS to provide Modelon’s class leading libraries in ANSYS Twin Builder," said David Higbie, Modelon Chief Commercial Officer. “Twin Builder enables engineers to build, validate and deploy simulation models of physical products - a perfect fit to leverage Modelon’s technology leadership in modeling and
Published in Newsletter Articles
Over the 3rd quarter of 2017/2018, consolidated turnover for the Group is 7,888,543 euros, up 5% compared to the previous financial period. Over the first nine months and in light of the high level of activity in the 1st half of the year, turnover is up 7.7%, standing at 23,007,083 euros. This good growth can be explained by the momentum with the French activities and the major accounts, both nationally and internationally. From a Research and Development standpoint, IGE+XAO focused its efforts on the one hand on the future versions of its flagship products SEE Electrical Expert V5, SEE Electrical V8R2 and SEE Electrical PLM, which are scheduled for release for the end of 2018, and on the other hand on the Group's 3D and web software. Finally, backed with the quality of its half-year results, the Group is solidly structured with, at 31 January 2018, equity of 30 million euros, almost
Published in Newsletter Articles
Global consulting firm Kalypso will reveal its biggest presence ever at digital transformation conference LiveWorx18™ in Boston June 17-20. The firm will showcase industry-leading product development and digital transformation practices in its exhibition booth, and in collaboration with key clients. Visit the Kalypso LiveWorx microsite here. As a Global Systems Integrator and Platinum PTC partner, Kalypso is strategically positioned to help companies innovate from idea to make in a digital world. Together, Kalypso and PTC combine leading strategy, process improvement, change leadership and technology to help companies capitalize on investments in product lifecycle management (PLM), IoT, analytics, smart connected operations and augmented reality. In booth 1115, Kalypso will highlight industry-focused solutions that focus on providing business value for the industrial manufacturing, medical device and retail industries leveraging PTC technologies including Windchill®, FlexPLM, ThingWorx Navigate™, Vuforia AR, and ThingWorx Analytics. Use cases for manufacturers in the medical device, industrial, and retail, footwear and apparel industries will demonstrate the
Published in Newsletter Articles
3D has been the topic of conversation in the industry for many years. The promise of time savings and value generation are substantial, but to date the challenge has been ease of use and how to address the needs of different users in an integrated way. "At PI Apparel New York, Gerber will present an end-to-end 3D platform strategy and host a panel discussion covering the needs of users from creative design through pattern making, product, e-commerce and merchandising platforms as well as educators who support the fashion value chain," stated Bill Grindle, chief marketing officer at Gerber Technology. Integration is the key to truly realizing the promise of 3D. "Today, there are a variety of great solutions to support different stages of the supply chain, but they are all just point solutions, addressing individual user needs but not delivering on the full opportunity 3D can bring to our industry," said Mary McFadden, executive
Published in Newsletter Articles
Dassault Systèmes will focus on the economy of the future and the Industry Renaissance based on new ways of living, working, interacting, innovating and creating new business at its annual 3DEXPERIENCE Forum North America, held June 19-21 at the Marriott Copley Place in Boston. Attending senior executives will hear from market leaders who are transforming their businesses into social enterprises through digitalization and integrating business platforms throughout their organizations. John Rossman, a former Amazon executive who launched the company’s Marketplace, will keynote the event with a discussion about digital disruption, Making the Digital Leap – Lessons from Amazon. “Successful companies that aim to disrupt their markets and industries need to be laser focused on the customer experience and innovation,” said John Rossman. “I look forward to sharing the principles for leadership that I learned and used at Amazon with the attendees of the 3DEXPERIENCE Forum.” John Rossman is the author of bestselling
Published in Newsletter Articles
Dassault Systèmes today announced that it has entered into a definitive agreement to acquire a majority stake in Centric Software, a privately-owned industry market leader driving digital transformation with software innovation in the fashion, apparel, luxury and retail sectors.  With this investment, Dassault Systèmes aims to accelerate the digital transformation of companies seeking solutions for the increasingly complex development of collections that respond to today’s on-trend and on-demand consumers, representing a multi-billion dollar total addressable market.  Headquartered in California’s Silicon Valley and with offices in 13 countries, Centric Software provides product lifecycle management software solutions to more than 600 globally-recognized brands including ASICS, Bass Pro, Belle China, Bestseller, Etam, Kate Spade, Loblaws, Louis Vuitton, Michael Kors, Samsonite, Ted Baker, Tommy Hilfiger and others.  In 2017, Centric Software grew over 60 percent for a revenue of $61 million and generated positive net income.   Centric’s industry-specific collaborative PLM platform is used for merchandise planning,
Published in Newsletter Articles
 PDF PTC and Rockwell Automation, Inc., announced on 11 June 2018 that they have entered into a definitive agreement for a strategic partnership to develop synergies between their respective offerings to help customers transform their physical operations using digital technology. As part of the partnership, Rockwell Automation will make a $1 billion equity investment in PTC. Rockwell Automation, a global leader in industrial automation, had revenues of $6.3 billion in 2017. PTC, a PLM leader with 2017 revenues of $1.2 billion, has pursued the Internet of Things (IoT) opportunity more aggressively than their PLM peers. The partnership will leverage both companies’ resources, technologies, industry expertise, and market presence, and will include technical collaboration and joint global go-to-market initiatives. In particular, PTC and Rockwell Automation have agreed to align their respective smart factory technologies, combining PTC’s ThingWorx IoT, Kepware industrial connectivity, and Vuforia augmented reality (AR) platforms with Rockwell Automation’s FactoryTalk MES, FactoryTalk
Published in Commentaries
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