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DXC Technology a leading Fortune 500 global technology services provider, has been recognized by Newsweek as one of America’s Greatest Workplaces for 2024, reflecting the company’s ongoing commitment to employees as a place to learn, thrive, grow and stay engaged.

This recognition by Newsweek highlights DXC’s strong global workplace culture operating under the theme of “Grow Yourself.” This includes a strong hybrid work environment; reskilling and training programs; an employee recognition program; and an online learning platform. DXC also has an extensive and active Employee Resource Group infrastructure with over 20 groups and regional chapters in the Americas, Asia Pacific and...

Altair, a global leader in computational intelligence, has signed a memorandum of understanding (MoU) with the U.K.-based University of Nottingham for a digital twin project within the aerospace sector. The digital twin—set to be the first of its kind—will not merely be a technology demonstrator, but a fully-fledged solution the industry can use to rapidly design, validate, and test the electric propulsion systems of new aircraft or advanced air mobility (AAM) vehicles and/or to evaluate the retrofit of existing ones.

The agreement will give University of Nottingham researchers unlimited access to the Altair^® HyperWorks^® design and simulation and Altair^® RapidMiner^® data...

Siemens and BAE Systems have announced an agreement that will see the two businesses collaborate on innovation in engineering and manufacturing technologies embracing digital transformation, whilst leveraging digital capabilities throughout program lifecycles.

The five-year agreement is designed to explore and develop a strategic blueprint for engineering of the future and factory of the future capabilities across design and manufacturing disciplines within BAE Systems. This builds on and exploits the recent deployment of Siemens’ NX™ software for product engineering and Teamcenter® software for Product Lifecycle Management (PLM), from the Siemens Xcelerator portfolio of industry software. Edge computing solutions and technology validation have...

Synopsys, Inc. has announced it will report results for the third quarter fiscal year 2024 on Wednesday, August 21, 2024, after the market close. The company will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to review its financial results and business outlook.

Financial and other statistical information to be discussed on this conference call will be available on the corporate website at www.investor.synopsys.com immediately before the call. A live webcast will also be available on this site. Participants should access the live webcast at least 10 minutes prior to the start of...

Cadence Design Systems, Inc. has announced results for the second quarter of 2024.

Second Quarter 2024 Financial Results

• Revenue of $1.061 billion, compared to revenue of $977 million in Q2 2023
• GAAP operating margin of 28%, compared to 31% in Q2 2023
• Non-GAAP operating margin of 40%, compared to 42% in Q2 2023
• GAAP diluted net income per share of $0.84, compared to $0.81 in Q2 2023
• Non-GAAP diluted net income per share of $1.28, compared to $1.22 in Q2 2023
• Quarter-end backlog was $6.0 billion and current remaining performance obligations ("cRPO"), contract revenue expected to be recognized as revenue in the next 12 months, was $3.1...

Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has expanded its partnership with Rolls-Royce, a British multinational specializing in civil aerospace, defence aerospace, services and power systems, to advance its sustainable initiatives. This collaboration involves research into hydrogen fuel system technology, continuing to prove hydrogen could be a zero-carbon aviation fuel of the future.

TCS, leveraging its expertise as a trusted service provider, will provide engineering skills and support to Rolls-Royce as it addresses three key challenges in the journey to enabling hydrogen for use in aviation: fuel combustion, fuel delivery, and fuel...

Atos, the Official Information Technology Partner of UEFA National Team Football, successfully supported UEFA to deliver key IT services and applications support for the UEFA EURO 2024 from June 14 to July 14, 2024 in Germany. Atos facilitated hundreds of millions of fans worldwide to share the electrifying experience of one of the most iconic football tournaments.

Atos supported UEFA in core IT solutions as event management system including accreditation, access control solution and competitions solutions, all requiring the highest level of reliability, efficiency and security.

Atos helped UEFA with some of the most innovative features launched at the UEFA EURO 2024™,...

The S&A market grew by 8.7% to $10 billion in 2023

ANN ARBOR, Michigan, USA 23 July 2024—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the release of the CIMdata Simulation and Analysis (S&A) Market Analysis Report. This report expands on the S&A market analysis conducted as part of the CIMdata 2024 PLM Market Analysis Report Series. The well-known PLM MAR Series provides detailed information and an in-depth analysis of the worldwide PLM market during the calendar year 2023. It contains analyses of major trends and issues, revenues of leading PLM providers, and revenue analyses for...

Ann Arbor, Michigan, USA, 23 July 2024—The Aerospace & Defense PLM Action Group (AD PAG) announces the publication of release 3 of the PLM Global Collaboration position paper. The purpose of the PLM Global Collaboration position paper is to document the Aerospace and Defense PLM Action Group’s (AD PAG’s) collective vision for a common mechanism to support Original Equipment Manufacturer (OEM)/supply chain product development collaboration. The group’s goal is to simplify PLM global collaboration.

The newly released Edition 3 (Release 3.0) of the PLM Global Collaboration position paper builds on previous editions and lists the requirements for establishing the proposed To-Be...

OpenBOM, a leading provider of cloud-based PDM and PLM software, helps manufacturing companies manage their digital product information, organizing bills of materials and parts, inventories, and managing the digital thread of information across the value chain connecting OEMs, contractors, and suppliers, today announced the expansion of OpenBOM services to support xBOM and extended digital thread support.

OpenBOM introduces xBOM, enabling users to manage different types of Bills of Materials (BOM) for various lifecycle stages and departmental needs, including Engineering BOM (EBOM), Manufacturing BOM (MBOM), and Support BOM (SBOM). xBOM provides a comprehensive, adaptable view of product structures, enhancing collaboration and streamlining...