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Hexagon, the global leader in digital reality solutions, announced that its reduction targets for near-term and net-zero greenhouse gas emissions have been approved by the Science Based Targets initiative (SBTi). This independent, scientific validation highlights Hexagon's commitment towards sustainability. Hexagon's approved targets include: Reducing Scope 1 and 2 emissions by 95% and Scope 3 emissions by 51.6% per EUR value added by 2030, from a 2022 baseline Increasing renewable electricity usage to 100% by 2027 Reaching net-zero greenhouse gas emissions across the full value chain by 2050 “At Hexagon, our largest contribution to reducing emissions is via our solutions, which empower our customers to behave efficiently, safely and effectively,” said Eva Carranza, Head of Sustainability, Hexagon. “However, as a wider corporate citizen, we need to ensure we behave as responsibly as possible in our operations globally, hence our ambitious commitments to reduce our emissions dramatically by the end of the decade. The SBTi’s validation underlines the

Infosys, a global leader in next-generation digital services and consulting, announced that it is collaborating with the Stanford University Institute for Human-Centered Artificial Intelligence (Stanford HAI), an organization dedicated to guiding and building the future of artificial intelligence (AI), to help accelerate AI research initiatives by becoming a member of Stanford HAI’s Corporate Affiliate Program. Infosys will engage with Stanford HAI faculty and researchers on topics such as: Responsible AI and helping enterprises navigate the complex technical, policy, and governance challenges. Enhancing efficiency and effectiveness of business process value chain through usage of AI and Machine Learning Optimizing AI models for cost and scale efficiency through a narrow transformer-based approach which allows AI models to be developed with minimal data. James Landay, Stanford HAI Co-Director, said, “We are excited to welcome Infosys to the Stanford HAI Corporate Affiliate Program. At HAI, we focus on building and deploying human-centered artificial intelligence that benefits humanity. Together, we hope

Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has launched a state-of-the-art TCS Pace Studio in Manila, Philippines. This cutting-edge facility is designed for TCS to co-innovate with customers to develop tailored solutions for their unique business needs, boosting digital innovation in the Asia Pacific region. Located within TCS' expansive Panorama Tower office, TCS Pace Studio will showcase TCS’ innovative platforms like TCS AI WisdomNext, TCS TwinX, and TCS Zero Carbon Platform, leveraging emerging technologies like artificial intelligence, cloud computing, cybersecurity, and data analytics. TCS Pace Studio in Manila, the fifth of its kind globally, is part of an extensive innovation ecosystem of TCS PaceTM spanning major global cities. TCS Pacenetwork also comprises four other Pace Studios situated in Riyadh, Sydney, Letterkenny, and Stockholm, alongside seven Pace Ports located in Tokyo, Amsterdam, New York, Pittsburgh, Toronto, London, and Paris. TCS Pace Studios serve growth markets by fostering dynamic

Tech Soft 3D, the leading provider of engineering software development toolkits and end-user solutions for CAD/CAE data conversion, visualization, and data publishing, today announces the appointment of Antonio Parisse as President of the Industrial Applications Group. Parisse will join the Leadership Team and report directly to Tech Soft 3D CEO Ron Fritz. His extensive experience and deep knowledge of the industrial software industry will enhance the company’s ability to identify market opportunities and drive customer satisfaction throughout the product life cycle. Antonio Parisse brings over 20 years of software leadership experience to Tech Soft 3D. He has successfully developed strategic accounts, led regional sales teams, and expanded global reseller networks. Parisse began his career as a mechanical designer with Schindler Lift in 1998, before moving into CAD/CAM customization and process automation with ABBAX. He then joined Concepta's sales team, providing CAD/FEA services to OEMs such as PSA, Renault, Faurecia, and Airbus.

Stratasys Ltd. announced financial results for the second quarter 2024. Second Quarter 2024 Financial Results Compared to Second Quarter 2023: Revenue of $138.0 million, compared to $159.8 million ($154.6 million net of divestments). GAAP gross margin of 43.8%, compared to 41.5%. Non-GAAP gross margin of 49.0%, compared to 48.5%. GAAP operating loss of $26.0 million, compared to an operating loss of $33.7 million. Non-GAAP operating loss of $3.2 million, compared to non-GAAP operating income of $5.0 million. GAAP net loss of $25.7 million, or $0.36 per diluted share, compared to a net loss of $38.6 million, or $0.56 per diluted share. Non-GAAP net loss of $3.0 million, or $0.04 per diluted share, compared to non-GAAP net income of $2.5 million, or $0.04 per diluted share. Adjusted EBITDA of $2.3 million, compared to $10.6 million. Cash used in operating activities of $2.4 million, compared to $23.2 million. Business Update: Following a comprehensive strategic review, Stratasys is taking focused restructuring actions to further strengthen

Kahua, a leading provider of capital program and construction project management information systems (PMIS), announces that its software has been used in the creation of numerous retail shops for Red Wing Shoe Company, one of the most respected safety footwear manufacturers and retailers in the country.  With over 500 authorized Red Wing Shoe retailers, 170 mobile shoe stores and a growing retail network, the need for a comprehensive project management solution became crucial. The manufacturer/retailer selected Kahua in 2021 after vetting 13 other PMIS solutions.  “I no longer have to worry about something getting missed,” said Jessie Grider, a construction project manager responsible for dealer communications and ensuring construction adherence to brand standards. “... If the construction team and GC are working in Kahua, we are so much more efficient.”  Particularly of note for Red Wing Shoe Company were Kahua’s customizable reports, timeline management, portfolio management capabilities and easy access to Kahua support when questions arose.  “We don’t have to over-communicate any more, CC’ing five people on an email in hopes that it gets to the

Leading data analytics provider Uptake is excited to announce a new collaboration with Lynden Transport, a full-service transportation and logistics provider. Uptake’s software empowers fleets and industrial machines with the information needed to make better, more strategic maintenance decisions. This collaboration leverages Uptake’s Samsara TSP connector to optimize Lynden’s fleet performance and reduce operational costs. Lynden has been utilizing Uptake’s Samsara TSP connector for the past several months, and the results have been overwhelmingly positive. The integration enables Lynden to customize its equipment maintenance services, ensuring fleet operations are more efficient and reliable. “We are thrilled to partner with Lynden, a well-established name in the transportation industry,” said Cam McGill, Senior Diagnostic Technician at Uptake. “Our Samsara TSP connector offers a stable and reliable data connection, helping us provide timely and accurate insights that drive significant improvements in fleet maintenance.” Key Benefits of the Integration Uptake’s Samsara TSP connector integrates with Lynden’s fleet management system. This powerful combination enables: Reduced

Capgemini announced that it has signed an agreement to acquire Syniti, a leader in enterprise data management software and services including platform and migration services, with a global footprint. This acquisition will augment the Group’s data-led solutions for clients across the globe, in particular large scale SAP transformations, such as the move to SAP S/4HANA. Headquartered in the United States with operations globally, Syniti has been putting data at the forefront of digital transformation for more than 15 years. Its team of 1200+ data-focused experts specialize in managing complex data quality, data migration and data governance initiatives for some of the world’s largest companies. Syniti has deep expertise in sectors such as life sciences, aerospace & defense, manufacturing, consumer products & retail, and automotive. Examples of the business-critical transition projects that it supports include mergers & acquisitions, ERP migration and consolidation, moving to the cloud and data compliance requirements. Its market leading Syniti Knowledge Platform is

Aspen Technology, Inc. (“AspenTech” or the “Company”), a global leader in industrial software, has announced that it will host its 2024 Investor Day on Tuesday, September 17, 2024. The event will start at 1:00 pm ET and is expected to conclude at 5:00 pm ET. The event will include presentations from Antonio Pietri, President and Chief Executive Officer, David Baker, Chief Financial Officer, and other business leaders within AspenTech. Topics will include the Company’s strategic priorities, business growth drivers, product innovation, and financial outlook. There will be a Q&A session following the presentations. The event will be webcast and accessible for a limited time on the Webcasts and Events section of the Company’s Investor Relations website at https://ir.aspentech.com/events-presentations/webcasts-and-events. To view the original press release, please click here. Search for Aspen Technology on CIMdata.com

PTC announced that it will participate in the following conferences. What: Citi's 2024 Global TMT ConferenceWhen: Wednesday, September 4th, 2024 at 8:20am ET What: 2024 RBCCM Global TIMT Conference When: Tuesday, November 19th, 2024 What: Barclays 22nd Annual Global Technology ConferenceWhen: Wednesday, December 11th, 2024 What: Nasdaq 51st Investor ConferenceWhen: Wednesday, December 11th, 2024 To view the webcast and replay for conferences please use the link below. Webcast: https://investor.ptc.com/events-and-presentations/events-calendar/default.aspx Please note that statements made at each conference are as of the date of the respective conference and PTC does not assume any obligation to update any statements made live or the archived calls. Matters discussed may include forward-looking statements about PTC's anticipated financial results and growth, as well as about the development of products and markets, which are based on current plans and assumptions. Actual results in future periods may differ materially from current expectations due to a number of risks and uncertainties, including those described from time to time in reports filed by PTC with the U.S. Securities