Commentaries & Highlights

The IntelliCAD^® Technology Consortium (ITC) today announced the release of IntelliCAD 13.0.

IntelliCAD 13.0 is a major release that includes performance improvements and new features, including a new Options dialog which is highly compatible with other CAD applications, calculators for evaluating expressions and converting units of measurement, lookup tables and the ability to reset advanced blocks, and digital signatures for .dwfx files. When creating reports, extract data from external references, advanced blocks, attributes, and AEC entities; extract from .dgn, .ifc, .rvt, and .rfa files if supported; and filter data to meet conditions.

LISP is completely refactored to improve performance and increase compatibility...

HCLTech, a leading global technology company, announced the launch of HCLTech Enterprise AI Foundry on Microsoft Azure, enabling enterprises to combine their data and AI assets with Microsoft's Azure Data & AI services to accelerate their GenAI-driven transformation journeys and time-to-value.

HCLTech Enterprise AI Foundry on Microsoft Azure enables streamlined operations and smart decision-making, accelerating time-to-value and driving positive business outcomes. Using Azure AI Studio, Azure OpenAI Service and Cognitive services, HCLTech’s Enterprise AI Foundry expedites AI solution development and deployment. It also assists in establishing an AI-ready data foundation, ensuring high-quality AI-powered data solutions.

"In the rapidly evolving technology and business...

Medidata, a Dassault Systèmes brand and leading provider of clinical trial solutions to the life sciences industry, announced Eisai Inc. (“Eisai”), the U.S. pharmaceutical subsidiary of Tokyo-based Eisai Co., Ltd., as one of the first customers to harness its recently announced AI-driven Medidata Clinical Data Studio. Eisai Inc., will leverage this innovative data experience to gain unprecedented control over its clinical data, enable the execution of scalable and complex clinical trials, and enhance patient experience.

“We’ve included Medidata’s Clinical Data Studio in our clinical trial management platform given its ability to break down data silos and seamlessly integrate into our current...

Second quarter 2024

• 0 per cent organic revenue growth (using fixed exchange rates and a comparable group structure)
• Net sales decreased by -1 per cent to 1,353.4 MEUR (1,366.0)
• Net sales including the reduction of acquired deferred revenue amounted to 1,353.4 MEUR (1,365.0)
• Adjusted gross margin of 67.3 per cent (65.6)
• Adjusted operating earnings (EBIT1) increased by 1 per cent to 399.5 MEUR (394.1)
• Adjusted operating margin amounted to 29.5 per cent (28.9)
• Earnings per share, excluding adjustments, amounted to 10.8 Euro cent (10.8)
• Earnings per share, including adjustments, amounted to 9.6 Euro cent (9.4)
• Operating cash flow before non-recurring items increased to 248.5 MEUR (212.5)
• Cash conversion amounted to...

ASMPT and IBM announced a renewed agreement to extend their collaboration on the joint development of the next advancement of chiplet packaging technologies. Through the agreement, the two companies will work together to advance thermocompression and hybrid bonding technology for chiplet packages, using ASMPT’s next generation of Firebird TCB and Lithobolt hybrid bonding tools.

Chiplets deconstruct SOCs into their composite parts, creating smaller chips that can then be packaged together to operate as a single system, to provide potential benefits that can include improved energy efficiency, faster system development cycle time, and reduced costs. However, packaging advances are needed to move...

Altair, a global leader in computational intelligence, is thrilled to announce Luca Sutton, a member of the TUfast Eco Team, as the grand prize winner of the 2023-2024 Altair Global Student Contest. Sutton earned the contest’s $7,500 grand prize by using Altair® Inspire™ to slash his team’s Shell Eco-marathon vehicle suspension weight by 41%.

In his winning entry, Sutton used Inspire to develop accurate road loads to optimize five total parts. The optimization nearly halved the TUfast Eco Team’s vehicle suspension weight and maintained a 1.3x factor of safety, ensuring its suspension will meet performance and durability targets when used in...

Tech Mahindra, a leading global provider of technology consulting and digital solutions to enterprises across industries, announced the launch of TechM VerifAI, a comprehensive solution for validating and verifying the outcomes of Artificial Intelligence (AI) and GenAI projects. Through this solution, Tech Mahindra will help enterprises validate the end-to-end lifecycle of AI-based projects, thereby, enabling them to scale their AI initiatives speedily.

TechM VerifAI’s pre-built, 360-degree validation framework across the GenAI lifecycle, customizable metrics, microservices-based architecture, and seamless integration into existing technology stacks will ensure faster and reliable AI value realization for enterprises. The solution will validate data quality in the...

Salam, a leading Saudi telecom provider, has awarded Oracle a managed services agreement to support its ongoing digital transformation. The collaboration will help Salam expedite operational excellence and enhance the experience it provides customers. These efforts will also further Salam’s contributions to the Kingdom’s Vision 2030 mission, which includes making Saudi Arabia a more connected and digitized nation.

Oracle Communications Consulting will provide critical support and guidance for managed IT operations, performance management, and service quality improvement. Using an Information and Communication Technology (ICT)-focused approach, Oracle will help Salam increase operational efficiencies, proactively identify and address potential issues, and enable seamless...

Dassault Systèmes, on the back of the July 9, 2024 preliminary announcement, today reports its IFRS unaudited estimated financial results for the second quarter and first half ended June 30, 2024. The Group’s Board of Directors approved these estimated results on July 24, 2024.
Summary Highlights¹
(unaudited, non-IFRS unless otherwise noted, all growth rates in constant currencies)

• 2Q24 results in line with preliminary announcement: total revenue growth of 4% to €1.496 billion and diluted EPS of €0.30;
• For the first six months, total revenue increased 5% with subscription revenue up 9% and licenses & other software revenue up 2%. Operating margin was...

Simulations Plus, Inc., a leading provider of biosimulation, simulation-enabled performance and intelligence solutions, and medical communications for the biopharma industry, today announced that Shawn O’Connor, chief executive officer, will attend KeyBanc Capital Markets’ 25 th Annual Technology Leadership Forum on Monday, August 5, 2024, in Vail, Colorado. In addition to hosting one-on-one meetings throughout the day, Mr. O’Connor will join a panel discussion entitled “AI and Digital Solutions for Drug Discovery” followed by a 25-minute Fireside Chat at 1:30 p.m. MDT (3:30 p.m. EDT).

The live audio webcast of Mr. O’Connor’s Fireside Chat can be accessed on the Investors page of...