Commentaries & Highlights

Propel Software, creator of the intelligent product thread that transforms how businesses develop, launch, and service products, announced that Chief Product Officer Eric Schrader will retire effective December 11, 2026. Tom Shoemaker, Propel's vice president of product marketing, will become head of product management. The planned transition keeps Propel's product vision and roadmap on course for customers in the high tech, medtech, industrial equipment, and consumer goods industries. A leader who knows Propel's products and customersShoemaker has been at Propel for more than six years and brings more than 20 years of experience in product lifecycle management (PLM). Prior to joining Propel, he spent over two decades at PTC, where he held leadership roles in pre-sales, R&D, and marketing. He led go-to-market strategy and product launches for PTC's Windchill and Creo solutions. At Propel, Shoemaker has been a key leader on the product management team, overseeing product packaging and positioning, sales

Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, announced a series of leadership changes as part of its ongoing efforts to strengthen its foundation for growth and drive strategic execution toward its 2035 Aspiration. Stephen Limoges promoted to Senior Vice President and Chief Sales OfficerStephen Limoges will be promoted to Senior Vice President, effective January 1, 2027. He will continue to serve as Chief Sales Officer (CSO).  Limoges was appointed Vice President and CSO on January 1, 2026, and oversees Renesas' global sales organization. He has also been a member of the company's Enterprise Leadership Team. This promotion reflects Limoges' leadership in sharpening the company's go-to-market focus and expanding its customer base. Software & Digitalization and Altium leadershipAram Mirkazemi, Senior Vice President and General Manager of Altium and Interim Head of Software & Digitalization, will leave Renesas on December 31, 2026. His responsibilities will transition as follows: Aish Dubey, currently

Siemens and Swinburne University of Technology are expanding their Australian energy and power systems collaboration internationally through the new Siemens Swinburne International Energy Transition Alliance for Industry Training and Innovation. Building on the success of the Siemens Swinburne Energy Transition Hub in Australia, the Alliance aims to establish a network of international energy training and innovation nodes across Asia, with the first planned to open in Malaysia by the end of 2026. The Alliance will give energy industry professionals access to specialised training, advanced Siemens technology and practical expertise across areas including modern power systems, renewable energy integration and the energy transition. Operating as extensions of the existing AU$5.2 million Hub in Melbourne, the international nodes will combine Siemens and Swinburne’s expertise with local partner institutions to support energy research, technology and industry capability. The Hub combines Siemens digital energy technology with Swinburne’s research, teaching and technical expertise and is accessible to

Velo3D, Inc. ("Velo3D" or the "Company"), a leading metal additive manufacturing ("AM") technology company focused on aerospace and defense supply chains, announced financial results for its third quarter ended September 30, 2026. Arun Jeldi, Chief Executive Officer of Velo3D, said, "We delivered solid third quarter results, with revenue increasing approximately 50% year-over-year to $20.5 million and new bookings reaching $28.9 million, exceeding revenue for the quarter. These results reflect continued customer demand for our metal additive manufacturing technology and the progress we are making in executing our growth strategy. Operating expenses increased as we continued investing in the people, technology and operational capabilities needed to bring our Livermore Production Campus, Forge 1, online and prepare for expanded production. We believe these investments are an important step in positioning Velo3D to scale operations and meet customer demand. Looking ahead, Forge 1 is central to Velo3D's next phase of growth and is expected to

IFS®, the world's leading provider of Industrial AI software, and Copa Airlines announced that Copa is the first IFS airline customer to migrate to IFS Cloud for Aviation Maintenance (ICAM) and go live on the solution within the IFS Hosted Cloud environment. For Copa Airlines, the move is the latest step in a long-standing focus on operational excellence, reliability, and continuous improvement as it modernizes the mission-critical part of its operation while maintaining the continuity required to keep a complex airline running. The new IFS Cloud for Aviation Maintenance platform provides Copa with a standardized cloud architecture to support its growing maintenance organization, which spans more than 130 aircraft and over 1,300 users. The solution brings engineering, planning, maintenance, and operational processes together in a modern cloud environment designed specifically for aviation – streamlining upgrades, improving access to innovation, and strengthening operational resilience. Rafael Samudio, Vice President, Technical Operations, Copa Airlines, said: “For

OpenSpace, is pleased to announce that international property and construction consultancy Gleeds is to continue the expansion of Visualise, its client-facing site intelligence service powered by our Visual Intelligence Platform. Visualise was initially introduced by Gleeds in 2022 to address the challenge of having to make critical decisions using incomplete, delayed, or contested site information. Since its launch, the service has grown from a 16-person pilot to more than 1,900 platform users across approximately 340 projects in ten countries, enabling around £2m in client savings during 2025 alone. The decision to expand the platform’s use is part of Gleeds’ wider Service Innovation programme that sets out to standardise, digitalise, and continuously improve service delivery, boost project performance, and give clients greater certainty across complex schemes. Sheldon Atkinson, Head of Visualise at Gleeds said: “Combining OpenSpace’s Visual Intelligence Platform with Gleeds’ trusted consultancy expertise, Visualise creates a scalable site intelligence service that gives clients

Siemens has signed an agreement to acquire Lauterbach, a leading provider of debug and trace solutions for embedded software and complex system-on-chip (SoC) architectures. Lauterbach develops comprehensive, modular and extensible development and verification tools for microprocessors and embedded CPU cores in the form of hardware-assisted debuggers and real-time trace tools. The combination of Siemens’ and Lauterbach’s complementary technologies enables a unified view of chip and software behavior and helps customers more quickly identify errors arising from complex interactions between hardware and software during chip development. The results are faster time to revenue and higher product quality. The planned acquisition represents another important step in further establishing Siemens’ position as one of the world's leading electronic design automation (EDA) powerhouses. By adding industry-leading debugging technologies to its hardware-assisted verification solutions, Siemens is further extending its competitive edge. The planned combined solution will enable customers to develop and verify embedded software even earlier,

Siemens announced the signing of two Memorandums of Understanding (MoUs) and signalling contracts at the Singapore Urban Mobility Week 2026 (SUMW 2026), a three-day urban mobility event jointly organised by the Land Transport Authority of Singapore, MSI Global Pte Ltd, and MP Singapore. Together, these agreements reinforce the company's commitment to advancing rail innovation, strengthening local capabilities, and supporting sustainable mobility development across Singapore and the wider Asia-Pacific region. Enhancing Technical and Capability Development in Rail Asset Lifecycle ManagementSiemens and SBS Transit Ltd. (SBST) signed a Memorandum of Understanding to explore collaboration in advancing local engineering capabilities and support the long-term reliability and sustainability of rail operations in Singapore. By combining expertise in technology transfer, diagnostics, and repair solutions, the partnership will help deepen local competencies and support the continued reliability and sustainability of Singapore's rail network. Advancing Digital Rail Innovation Through Strategic CollaborationA second MoU will establish a framework for Siemens and

Bridgit, the AI workforce planning platform built for construction, announced that Swinerton Builders (Swinerton), one of North America’s most respected general contractors, has selected Bridgit to strengthen how it plans for its people, projects, and future opportunities. Swinerton will use Bridgit to bring workforce information together in one place, with real-time visibility into its pipeline and projects alongside the experience, skills, and qualifications across its teams. Bridgit connects with the tools Swinerton already uses, and its AI-powered features and agents will help teams share resources and expertise across offices and regions and identify the people best suited for each opportunity. “As one of the most respected general contractors in North America, we’re proud to partner with Swinerton,” said Mallorie Brodie, CEO and Co-Founder of Bridgit. “Their decision reinforces the value of strategic workforce planning, especially for large contractors operating across multiple offices and regions that need cross-company visibility. We’re excited to help

Centric Software® is pleased to announce that Unbound Merino has selected Centric PLM to connect product data, teams and suppliers, streamline product development and scale its global business without compromising quality, margins or product intent. Centric Software delivers innovative, integrated, end-to-end AI-powered enterprise solutions to take products from concept to commercialization. Fashion, luxury, footwear, outdoor, home, cosmetics & personal care as well as multi-category retail teams plan, design, develop, source, comply, buy, make, price, allocate, assort, sell and replenish products to achieve strategic and operational digital transformation goals. Founded in Toronto in 2016 by three lifelong friends, Unbound Merino creates premium Merino wool apparel for travel, everyday wear and performance. Its timeless, versatile collections for men and women deliver comfort across climates and occasions. The direct-to-consumer brand sells worldwide with its largest markets in the United States and Canada and a growing customer base across the UK, Europe, Australia and Asia. Following