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One of the largest transformation projects in Siemens' recent history is now finished. The opening of the new buildings in Module 8 marks the completion of Siemens Campus Erlangen, which consolidates all company’s locations in and around Nuremberg, Germany. The project demonstrates how a former research center can be transformed into an open, sustainable urban district and a modern campus. Since 2014, Siemens has invested around €1 billion in the campus, where approximately 16,000 people from the greater Nuremberg metropolitan region work for the company today. With construction of the Siemens Technology Campus at the company's development and manufacturing site along the Erlangen European Canal having started last year, Siemens is already continuing this development, further investing in Erlangen as an innovation hub and reaffirming its commitment to Germany as a business location as well as to the "Made for Germany" initiative. An area that was once accessible only to Siemens
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HCLTech, a leading global technology company, announced the launch of its Global Technology Center in GIFT City, Gujarat. The center will deliver AI-led solutions to HCLTech’s global clients in the financial services industry. It will also serve as a hub for developing next-generation technology solutions and talent development. The facility was inaugurated by Shri Harsh Sanghavi, Hon'ble Deputy Chief Minister of Gujarat in the presence of C Vijayakumar, CEO & Managing Director, HCLTech, and Shri Sanjay Kaul (IAS), Managing Director & Group CEO, GIFT City. HCLTech also signed Memoranda of Understanding with Indian Institute of Technology, Gandhinagar and Gujarat Technological University (GTU) to advance industry-academia collaboration and nurture future-ready technology talent in Gujarat. The partnerships will focus on research in AI for financial services, related software and skills development, providing students and faculty with hands-on industry exposure and opportunities to contribute to global technology and digital transformation initiatives. Shri Harsh Sanghavi, Hon'ble Deputy
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Bechtle is expanding its partnership with Nvidia while strengthening its position as a provider of AI infrastructure in Europe. The new Nvidia AI Factory Specialization confirms Bechtle’s extensive expertise in designing, deploying and scaling high-performance AI solutions for enterprises and the public sector. In collaboration with Dell Technologies, Bechtle is establishing a central Dell AI Factory with Nvidia at its Nuremberg site, featuring a demonstration and proof-of-concept environment as well as a dedicated competence centre for consulting and workshops. The aim is to support customers with validated reference architectures, enabling them to deploy AI faster and turn promising use cases into robust, cost-efficient operating models. A key advantage is that solutions can be operated entirely on premises, with data stored in the organisation’s own data centre, ensuring full data sovereignty while also enabling predictable cost structures. Combining Nvidia technology with infrastructure from Dell Technologies, Bechtle is laying the foundation for a
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Welcome to the OpenBOM July 2026 update! The July 2026 update focuses on helping engineering and manufacturing teams improve BOM quality, work more smoothly with spreadsheet data, and connect OpenBOM more effectively with CAD and ERP workflows. A major highlight of this release is BOM Review, a new automated validation workflow for checking the quality and completeness of Bills of Materials before they move forward to purchasing, manufacturing, or release. BOM Review helps teams find missing values, inconsistent data, and structural issues earlier, with clear review results, grid highlights, issue navigation, and full reports that cover the selected BOM and its nested BOMs. This release also improves day-to-day spreadsheet usability. Working with side panels no longer interrupts editing in the grid, making it easier to move between supporting panels and spreadsheet data without unnecessary state changes or extra steps. We also continued improving connected CAD workflows. The Onshape integration includes a redesigned flyout, direct
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Wipro Limited, a leading AI-powered technology services and consulting company, announced financial results under International Financial Reporting Standards (IFRS) for the quarter ended June 30, 2026. Highlights of the Results Results for the Quarter ended June 30, 2026: Gross revenue at ₹244.8 billion ($2,585.9 million1), an increase of 1.0% QoQ and 10.6% YoY. IT services segment revenue was at $2,614.5 million, decrease of -1.4% QoQ and increase of 1.0% YoY. Non-GAAP constant currency2 IT Services segment revenue decreased 1.2% QoQ and increased 0.9% YoY. Total bookings3 was at $3,370 million, down by 2.4% QoQ in constant currency2. Large deal bookings4 was at $1,626 million, increase of 12.9% QoQ in constant currency2. IT services operating margin5 for Q1’27 was at 16.0%, decrease of 1.3% QoQ and 1.2% YoY. Net income for the quarter was at ₹33.6 billion ($354.6million1), decrease of 4.7% QoQ and increase of 0.6% YoY.  Earnings per share for the quarter at ₹3.20 ($0.031), decrease of 4.2% QoQ and increase of
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Tech Mahindra, a leading global provider of technology consulting and digital solutions to enterprises across industries announced the audited consolidated financial results for the quarter ended June 30, 2026. Financial highlights for the quarter (USD) Revenue USD 1,660 mn up 2.2% QoQ, up 6.1% YoY in reported terms up 2.6% QoQ, up 6.6% YoY in constant currency terms EBIT USD 238 mn, up 7.1 % QoQ, up 38.6 % YoY EBIT Margin 14.4%, up ~60 bps QoQ, up ~330 bps YoY Profit After Tax (PAT) USD 154 mn, up 16.2% YoY Profit After Tax (PAT) Margin 9.3%, up 80 bps YoY Free cash flow USD 167 mn New deal wins TCV USD 1,078 mn, up 33.3% YoY Financial highlights for the quarter (₹) Revenue ₹ 15,712 crores; up 4.2% QoQ, up 17.7% YoY EBIT ₹ 2,264 crores; up 8.6% QoQ, up 53.3% YoY Profit After Tax (PAT) ₹ 1,465 crores, up 28.4% YoY Diluted Earnings per share (EPS) at ₹ 16.50 Other Highlights Total headcount at 146,760;
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AMETEK, Inc. will issue its second quarter 2026 earnings release before the market opens on Tuesday, August 4, 2026. AMETEK will webcast its second quarter 2026 investor conference call on Tuesday, August 4, 2026, beginning at 8:30 AM ET. The live audio webcast can be accessed by clicking on the Events & Presentations link in the "Investors" section of www.ametek.com. A replay of the call will also be archived on the website and will be available until the next quarterly earnings call.  To view the original press release, please click here. Search for AMETEK on CIMdata.com</p
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Friday, July 17, 2026

ABB: Q2 2026 results

Record-high orders, strong operational execution and value creation through M&A Ad hoc Announcement pursuant to Art. 53 Listing Rules of SIX Swiss Exchange Orders $12,042 million, +30%; comparable1 +28% Revenues $9,475 million, +14%; comparable1 +12% Income from operations $1,585 million; margin 16.7% Operational EBITA1 $1,925 million; margin1 20.2% Basic EPS $0.68; +8%2 Cash flow from operating activities $1,150 million; +9% Return on Capital Employed1 28.4% “Q2 reflects the strength of ABB’s performance and position at the core of electrification and automation megatrends. With the acquisition of Rotork, we expect to create further value by expanding our automation portfolio.” Morten Wierod, CEO CEO summary Our second quarter results reflect high demand in the majority of our customer segments, strong execution and solid cash flow. In my view, we show great overall progress and I want to acknowledge the commitment from the ABB team. We achieved a new record-high order intake of $12 billion. It was good to see the quarter developing according to plan with strong comparable revenue growth of 12% and an
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Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has launched the Consumer Business Group (CBG) Gemini Experience Center (GEC) in Kolkata, India. The center will showcase AI-led innovations tailored for consumer business needs and built with Google Cloud and Google’s Gemini models. With the launch of the CBG GEC in Kolkata, TCS now operates three Gemini Experience Centers in India. These include the Retail GEC at the Chennai Retail Innovation Lab and the BFSI GEC at the Bengaluru BFSI Innovation Lab, each designed to serve industry-specific innovation and transformation needs. By the end of 2026, TCS plans to establish a total of 10 GECs globally, including four in India. This expansion further strengthens TCS’ global innovation footprint and underscores its strategic focus on partnering with hyperscalers to help enterprises navigate the next phase of AI-enabled transformation. Shivir Chordia, Director of Partnerships, India, Google Cloud, said, “Together with TCS, we
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Siemens announced a collaboration between Siemens Cre8Ventures and Cloudberry VC to help accelerate commercialization of Europe’s sovereign deep-tech innovation ecosystem and to further strengthen European industrial resilience and supply chains. The collaboration brings together the industrial validation and customer access capabilities of Siemens Cre8Ventures with Cloudberry VC’s venture capital expertise in semiconductors, photonics and advanced materials. It is designed to help startups and university spin-outs reduce the time and risk involved in moving from early-stage innovation to industrial deployment. Industrial organizations increasingly face challenges identifying and validating emerging technologies early enough to maintain competitiveness. This collaboration helps address those challenges by enabling earlier access to technically validated innovation and improving routes to industrial adoption. "By collaborating more closely across the deep-tech ecosystem, we help bring innovation closer to industrial reality," said Geoff Lee, vice president Europe, Middle East & Africa, Siemens EDA, Siemens Digital Industries Software. "This collaboration connects emerging companies with Digital Twin validation, engineering
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