Commentaries & Highlights

PTC announced the Onshape Labs™ initiative, a new early-access program within its Onshape® cloud-native CAD and PDM platform that gives participating customers a first look at emerging functionalities, including new uses of AI, delivered directly inside the product development workflow. Broader availability is expected later this summer, when users will be able to opt in through the Onshape “Preferences” settings under “Onshape Labs.” Product development is entering a new phase, one where AI moves from disconnected tools into the core systems where products are designed and defined. But most CAD systems were not built to support that shift. Onshape’s cloud-native architecture changes that by capturing every design decision in real time and creating the structured data and context that enables AI to understand design intent, learn from past work, and take action. Onshape Labs is how PTC intends to bring these capabilities to customers quickly, embedding AI into everyday engineering work rather than layering it

Oracle announced a new AI-native builder experience for Oracle AI Agent Studio for Fusion Applications that enables customers and partners to create and run Fusion Agentic Applications natively within Oracle Fusion Cloud Applications. Fusion Agentic Applications represent a new class of enterprise application: outcome-driven systems backed by teams of specialized AI agents that reason, coordinate, and decide, then execute work through Fusion business objects, workflows, tools, policies, approvals, and logged actions. Unlike standalone agents, copilots, or disconnected AI automation tools, Fusion Agentic Applications are designed to operate inside the enterprise system where the work already happens. They run natively in Oracle Fusion Applications, inherit Fusion security and governance controls, act against Fusion business objects and workflows, and provide the auditability required for enterprise execution. The new builder experience brings no-code, low-code, and pro-code development into one Fusion-native framework. Business users can start with natural language using the Agentic Applications Builder, while developers and partners can

Eyelit Technologies (Eyelit), a leader in optimized planning, scheduling, and execution systems for manufacturers, announced the release of Eyelit Version 10.1 which highlights Agentic AI, Demand Planning and advancements across the fully integrated manufacturing operations management (MOM) applications suite.   Built for discrete manufacturers producing complex products, this release version is powered by Agent EyeQ, an agentic AI engine that executes planning and scheduling decisions rather than being limited to decision support, with every decision logged, traceable and explainable. With the Demand Planning enhancements, planners get purpose-configured workspaces, transparent forecasts with confidence intervals, and lifecycle-aware demand rules. This release expands recent advances across the Eyelit application suite, including component-level MES processing, expanded ERP/PLM/QMS API, FDA-compliant label printing, and full-lifecycle Component History Records.  “Manufacturers are looking to start getting real benefits from the advances in AI. This version closes that gap with software that works the way their operations work and AI that does the work alongside them,” said Ashok Erramilli, General Manager, Eyelit Technologies.   To

LTM, a Larsen & Toubro Group company and the Business Creativity partner to the world's largest enterprises, announced that it is leading the deployment of Microsoft 365 Copilot across the L&T Group, driving one of India's largest enterprise AI workplace transformations. As part of this enterprise-wide rollout, L&T is enabling Microsoft 365 Copilot for ~140,000 employees across the group, with LTM leading the transformation. The initiative is empowering teams to work more productively, resolve issues faster, and deliver superior customer outcomes through AI-assisted workflows, decision-making, and collaboration. As the largest adopter of Microsoft 365 Copilot within the L&T Group, LTM has already demonstrated significant business impact. Its AI-powered assistant, RAIma, has delivered a 70% improvement in IT and HR query resolution, while increasing employee engagement and HR productivity by 15%. Additionally, more than 23,000 developers use AI tools daily, supported by a network of over 1,300 AI experts and enablement leads. LTM will

L&T Technology Services Limited, a global leader in Engineering Intelligence Solutions & ER&D Consulting Services, announced its results for the first quarter ended June 30, 2026. Highlights for Q1FY27 include:  Revenue at INR 29,401 million; growth of 2.9% QoQ and 11.5% YoY  USD Revenue at $310 million; growth of 1.5% QoQ and 1.9% YoY in CC terms EBIT margin at 15.7%; improvement of 50 bps QoQ and 200 bps YoY Net Income at INR 3,518 million, growth of 1.5% QoQ and 17.4% YoY LTTS’ large deal momentum continues to be strong with one USD 30+ Mn win, one USD 20+ Mn win, and four deals above USD 10 Mn. “The strategic actions undertaken as part of our Lakshya 31 agenda are beginning to translate into tangible business outcomes, reflected in healthy quarterly growth and sustained margin improvement. Q1 revenue grew 11.5% YoY in rupee terms and EBIT margins improved 200 bps YoY to 15.7%. Our diversified portfolio continues

Hexagon will release its Interim Report for the second quarter on Wednesday, 29 July 2026, at approximately 08:00 CET. President and CEO Anders Svensson and CFO Enrique Patrickson will present the results during a live webcast and telephone conference at 10:00 CET.Webcast: The webcast will be streamed.Telephone conference: Anyone interested in participating in the Q&A session following the presentation must register. Upon registering, each participant will be provided with a personal PIN and dial in information via email. Access to the telephone conference will be available 10 minutes prior to call start time. All presentation material will also be available for on-demand viewing on Hexagon’s website. +++ To view the original press release, please click here. Search for Hexagon on CIMdata.com

Global sales of total semiconductor manufacturing equipment by original equipment manufacturers (OEMs) are forecast to reach a record high of $165.9 billion in 2026, increasing 23.2% year-on-year, SEMI announced today in its Mid-Year Total Semiconductor Equipment Forecast – OEM Perspective. Growth momentum is expected to continue through 2028, with total equipment sales forecast to reach a record $229.5 billion, marking five consecutive years of growth as AI-driven demand reshapes semiconductor manufacturing investment.  The stronger outlook reflects accelerating investment in AI infrastructure, leading-edge logic, advanced memory, and back-end technologies needed to support higher compute density, high bandwidth memory (HBM)-related investment, and increasingly complex device architectures. “AI is accelerating demand for more powerful and efficient chips, driving increased investment across the semiconductor capital equipment market,” said Ajit Manocha, SEMI president and CEO. “The mid-year forecast points to a higher equipment spending trajectory as chipmakers invest in the leading-edge logic, advanced memory, test and packaging capabilities required

Stable underlying business and improved efficiency “Our operations continued to deliver a stable performance during the quarter, although reported growth was impacted by the renewal cycle for Autodesk agreements. We are improving our profitability across several areas of the Group and have now carried out an efficiency program in Symetri to strengthen our focus on new sales and realize synergies. With strong customer relationships, growing AI-related opportunities, and a clear acquisition agenda, Addnode Group is well positioned for continued profitable growth.” Johan Andersson President and CEO Second quarter April 1 – June 30, 2026 Net sales amounted to SEK 1,449 m (1,457). Organic growth was -11 percent. Currency effects had an impact of SEK -7 m (-69) on net sales. Early renewals of three-year agreements had a positive impact of approximately SEK 80 m on net sales for the second quarter of 2025, which has affected comparability. Adjusted for this, organic growth was -5

Last week, the global PLM community gathered in Lecce, Italy, for the IFIP 23rd International Conference on Product Lifecycle Management (IFIP PLM 2026), hosted by the University of Salento on July 6–8. OpenBOM was proud to be among the sponsors of the event, and I had the honor of delivering one of the keynotes and presenting OpenBOM during the industry sessions. If you have never been to an IFIP PLM conference, here is the short version: it is the place where PLM research and PLM practice actually talk to each other. Professors, PhD students, industrial practitioners, and vendors spend three days in the same rooms, asking each other hard questions.  This year’s theme — “Frontiers in Product Lifecycle Management: Managing the Complexity of Industry through Intelligent, Resilient and Sustainable Technologies and Methods” — set the tone for a program heavy on AI, digital thread, digital twins, and sustainability. The Lecce Factor Let me start with

Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, announced the launch of the TCS Autonomous Engineering Lab Powered by NVIDIA at its Global Axis campus in Bengaluru. The new facility will serve as a physical AI hub to accelerate the development and real-world deployment of AI-led solutions across mobility and manufacturing using NVIDIA AI Infrastructure. The lab, which is the first of its kind, will help enterprises move from pilots to production scale deployment to design, test and validate Industrial AI solutions. It will enable customers to leverage TCS’ domain expertise and accelerators to rapidly prototype and simulate use cases across a wide range of industries before deploying them in real-world mobility, manufacturing and industrial operations. Sreenivasa Chakravarti, Global Head & Vice President of Industrial Autonomy and Engineering, TCS, said,“Bengaluru has long been the engine of India’s economy, and this lab harnesses that energy to reimagine what’s possible