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Commentaries & Highlights

Items filtered by date: October 2018 - CIMdata
ESI Group will launch its Additive Manufacturing (AM) simulation solution on November 13-16 in Frankfurt, Germany at Formnext, one of the world’s largest tradeshows for next generation manufacturing technologies. Leveraging ESI’s unique knowledge of material physics and its long-lasting support of the world’s largest OEMs across industrial sectors, ESI Additive Manufacturing, provides a comprehensive solution to accelerate metal additive manufacturing developments. The solution’s ability to quickly address manufacturability issues on the shop floor, as well as connecting with material quality investigations, makes it the perfect solution to ensure efficient and continuous workflows from Computer-Aided Design (CAD) to parts qualification. OEMs and their suppliers seize the opportunity to expand the capabilities of existing manufacturing processes by adding metal additive manufacturing. They seek to reduce assembly costs, to gain more geometrical freedom, to meet light-weighting goals, and to enhance mechanical performance. While doing so, they often meet the drawbacks associated with
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Wednesday, November 07, 2018

TCS at Work – Industry Analyst Update

TCS experienced all-round strong performance growth in Q2. The industry-leading revenue growth of 11.5% in constant currency - all organic - was driven by expanding demand for digital transformation across verticals, and continued acceleration in BFSI and Retail. Highlights for Quarter Ended September 30, 2018 1.   Digital revenue at 28%, up 60% YoY (CC) 2.   Revenue at $5.215 Bn, +10 % YoY (+11.5% YoY in CC) 3.   Operating Margin at 26.5%, an expansion of 1.4% YoY Digital project ticket sizes have been steadily increasing. TCS’ order book in Q2 stood at $4.9 Bn. You can get more insights from our Q2 earnings call transcript. We had many developments on the products front. Our flagship product in the cognitive automation space, ignio™ had 7 new wins. In Life Sciences, TCS Advanced Drug Development platform (ADD) was selected by a Europe-based pharma major for their site feasibility information hub.
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Deloitte and Attest Inc. announced a new collaboration today to assist government clients with digital identity solutions to help solve for a host of government challenges. “In the blockchain pilots we’ve run with our government clients, digital identity can be a thorny issue,” said Wendy Henry, managing director, Deloitte Consulting LLP, and Deloitte’s government and public services blockchain leader. “While many companies are looking at using a personal wallet in which the individual has control of their digital identity credential, government must serve the whole of citizens, including those who may not be able to accept the control of their identity credential in a digital form. “Working with Attest, we will be able to help government clients offer solutions using digital identities that better accommodate the needs government has across that wide expanse of abilities.” “We are excited to work with Deloitte to bring blockchain-enabled technologies such as decentralized identifiers
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CNC Software, Inc., developers of Mastercam, announces the launch of Masters of CAM. This is a new website dedicated to the world’s largest community of CAD/CAM users. Masters of CAM is a content-driven platform for Mastercam users to post stories of their skills and accomplishments. It is designed to develop as a hub for anyone with an interest in manufacturing to keep up with the CAD/CAM community that is driving technology and innovation around the world. In addition to user-generated content, Masters of CAM includes Featured Stories produced by CNC Software. These videos present individuals and organizations that have had inspiring experiences as Mastercam users. In the future, compelling stories submitted through Masters of CAM will be considered for development into additional Featured Stories content. “2018 has been a monumental year for Mastercam,” shares Marketing Manager, Graham Hargreaves. “We’ve celebrated 35 years in business and our 250,000th installation,
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Updated nesting and automation functions top the bill in the latest release of Alphacam. Users of Alphacam 2019 R1 will find that a completely redesigned and compact nesting interface provides a streamlined way to quickly create and deploy nest projects, giving greater flexibility and productivity. Drag-and-drop support for manually nested parts means it is easier for programmers to begin the process of manual nesting. “This is just one of many features throughout the latest release which provides greater control with fewer clicks,” says Brand Manager Hector Henry. “Again, it enhances productivity.” Another process which reduces the number of steps, is the ability to automatically align a part to a neighbouring angled part on the nest. Parts are matched in this way by simply selecting which elements must be aligned. An update to the Automation Manager does away with the need to create a CSV file when producing assemblies, which he
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Frank And Oak, the community-minded men’s and women’s lifestyle brand has successfully gone live with Centric Software’s Product Lifecycle Management (PLM) solution. Centric Software provides the most innovative enterprise solutions to fashion, retail, footwear, outdoor, luxury and consumer goods companies to achieve strategic and operational digital transformation goals. Frank And Oak was founded in 2012 by childhood friends Ethan Song and Hicham Ratnani with one simple goal: to help men and women dress better and more affordably. The Montreal-based company has soared to success and now boasts 23 stores across Canada as well as a thriving e-commerce business. Frank And Oak has added a growing women’s line and is increasingly focused on sustainable production. Today, Frank And Oak is a well-established lifestyle brand that provides customers with purposeful designed products, made sustainably, while upholding strong social values of equality and inclusion. “Frank And Oak has expanded rapidly in the last
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SAP SE announced that Agrosuper, a Chilean food company, has integrated the SAP Meat and Fish Management application by msg across its global plants to manage data in one place, help cut costs and streamline business processes. With the increasing demand from consumers to know the origin of their food and how it was produced and processed, companies must respond by providing transparency along the end-to-end agribusiness supply chain. The SAP application enables Agrosuper to capture real-time product inventories, accurately label and track the origin of products and record data in real time on the plant floor. As the producer of more than 1,600 meat products in the categories of pork, poultry, processed meats and salmon, the organization manages diverse processes ranging from production and labeling to the delivery of goods to customers’ tables. With the implementation of SAP Meat and Fish Management, Agrosuper can now compile industry- and process-specific
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In the first nine months, CENIT AG increased its sales by around 21 percent. The company recorded significant growth in sales of third-party software (+43.1%), whereas sales of its own software declined (-8.3%). In the reporting period, CENIT group generated revenues of EUR k 123,306 (prior year: EUR k 102,219/20.6%). Revenues from CENITs consulting and services segment decreased by -2.4% to EUR k 36,852 (prior year: EUR k 37,746). Sales of third-party software rose significantly by 43.1% to EUR k 75,620 (prior year: EUR k 52,853). Sales from CENIT’s proprietary software decreased from EUR k 11,409 to EUR k 10,461 (-8.3%). The gross result (operating output less cost of materials) amounted to EUR k 63,655 (prior year: EUR k 57,360), representing an increase of 11.0%. CENIT achieved an EBITDA of EUR k 6,927 (prior year: EUR k 8,634/-19.8%) and an EBIT of EUR k 4,731 (prior year: EUR k 6,926/-31.7%).
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PROS Holdings, Inc. a provider of AI-powered solutions that optimize selling in the digital economy, announced that PROS President and CEO, Andres Reiner, and Vice President of Finance and Corporate Development, James Denena, will present at the 2018 RBC Capital Markets Technology, Internet, Media and Telecommunications Conference. The conference will be held in New York City at the InterContinental New York Barclay Hotel on November 13-14, 2018. Reiner and Denena are scheduled to speak at this event on Tuesday, November 13, 2018, at 4:15 p.m. ET. The audio presentation will be webcast live here and will also be available by visiting the “Investor Relations” section of the company’s website at www.pros.com. The webcast will be archived on the company’s website for 90 days after the conference ends. To view the original press release, please click here. Search for PROS Holdings on CIMdata.com
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Eastman Kodak and Evolve Additive Solutions, Inc. announced a technology partnership where Kodak will supply Evolve imaging systems, parts and consumables based on the KODAK NEXPRESS digital electrophotographic platform. In addition, the companies have signed Joint Development Agreements for equipment and materials with the goal of helping further develop Evolve’s Selective Thermoplastic Electrophotographic Process (STEP) technology in anticipation of the commercial release in 2020. STEP is Evolve’s proprietary 3D printing technology for additive manufacturing. Kodak has also licensed relevant intellectual property to Evolve in support of the development effort. Kodak has been pioneering work with electrophotographic technology for more than 40 years. The award-winning KODAK NEXPRESS Platform delivers unique print capabilities in a modular and upgradeable package, making it an ideal platform for Evolve to leverage and transform into a leading production technology for additive manufacturing. Evolve will be utilizing a Kodak-developed toner manufacturing process to make the part toners
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