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Items filtered by date: July 2024 - CIMdata
Tecsys Inc. will release its financial results for the first quarter of fiscal year 2025 ended July 31, 2024, on September 5, 2024, after the markets close. Tecsys President and CEO Peter Brereton, and CFO Mark J. Bentler, will host a conference call on September 6, 2024, at 8:30 a.m. EDT to present and discuss the results with the analysts. Subject: Q1 FY2025 Financial Results Conference Call Date: September 6, 2024 Time: 8:30 a.m. EDT Phone number: (800) 836-8184 or (646) 357-8785  The call can be replayed until September 13, 2024, by calling (888) 660-6345 or (646) 517-4150 (access code: 81086 #). To view the original press release, please click here. Search for Tecsys on CIMdata.com
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The leading provider of test and simulation solutions for the mobility industry and other sectors introduces CONTACT Software’s CIM Database Cloud as its PLM platform. It enables dSPACE to accelerate product development, support quality assurance, reduce costs for technical infrastructure, and ensure high IT security.  Wherever complex systems need to be developed and validated, solutions from dSPACE come into play. The company’s comprehensive portfolio enables automotive manufacturers and their suppliers to develop and test software and hardware components for new vehicles long before they hit the road. Beyond vehicle development, dSPACE is also a sought-after partner in the aerospace industry and industrial automation. Now, dSPACE relies on CIM Database Cloud from CONTACT Software to increase efficiency in product development.  Previously, dSPACE used a self-developed solution that no longer adequately supported the company’s strong international growth. Data was distributed across multiple IT systems, which lacked the scalability to map complex business processes. By implementing CIM
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Centric Software® is pleased to announce that IRO has successfully deployed Centric PLM™ in alignment with its plans for future expansion. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such as fashion, outdoor, luxury, multi-category retail, grocery, food & beverage, cosmetics & personal care and consumer electronics to achieve strategic and operational digital transformation goals. Founded in Paris in 2005, IRO offers women and men strong pieces with carefully selected materials and cuts, combining inspiration from the streets of New York, Paris and Tokyo. The brand started out as a private label, but quickly won over women in the world’s biggest cities growing to 100 boutiques and 600 points of sale around the globe today. The adoption of a PLM solution addresses IRO’s rapid growth and consolidation strategy. “With faster collection cycles and shorter development times, we had to be
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Infor, the industry cloud company, announced that Sanford Health, the largest rural health care system in the United States serving more than 1.4 million patients, will implement a suite of Infor cloud-based applications designed for healthcare to streamline and modernize functions across its network. The integrated health system has 48 medical centers, 211 clinic locations, more than 160 Good Samaritan Society senior living centers, 2,900 Sanford physicians and advanced practice providers, 540 active clinical trials and nine world clinic locations around the globe. With Infor, Sanford Health will be able to better leverage data to break down silos across departments, streamline workflows, and gain real-time insights, freeing up caregivers to prioritize care. Sanford Health decided to partner with Infor because of its modern, cloud-based architecture, and ability to offer health care-specific finance and supply chain solutions that meet the organization’s requirements without extensive manual customization. In addition, Infor’s solutions integrate seamlessly into Sanford’s
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Informatica, a leader in enterprise AI-powered cloud data management, announced that SUBARU Corporation (SUBARU) has chosen to implement Informatica’s AI-powered Intelligent Data Management Cloud ™ (IDMC), to enable the automaker to drive a global-scale data integration project. SUBARU was faced with siloed data and utilization issues in 2019 with each department and operation handling data in isolated systems which resulted in disparate data. In 2020, SUBARU launched their global PLM (Product Lifecycle Management) project with an aim to consolidate data from business-critical processes, from vehicle development to production and after-sales maintenance, and develop a company-wide data integration platform to connect, track and share trusted data across their departments. The data integration platform supporting the global PLM project was completed in 2022 and went “live” in production that year, enabling lifetime data such as vehicle development to manufacturing, sales and maintenance, to customer IDs and other information to be seamlessly linked. “With the help of
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Hewlett Packard Enterprise announced that Toyo Tire Corporation selected HPE to deliver its seventh generation high performance computing (HPC) system, which is three times more powerful than its predecessor, as a-service through HPE GreenLake cloud. The upgraded system and boosted performance accelerate time-to-market for next-generation tires by processing structural tire data quickly and with greater precision. The expanded computational power significantly reduces the time required for complex and parameter-rich large-scale design simulations that Toyo Tire utilizes to train its AI models. “Toyo Tire continues to demonstrate innovation in tire engineering and development using high performance computing,” said Hirokazu Mochizuki, senior vice president and managing director for HPE Japan. “We are pleased to collaborate with Toyo Tire and strengthen its digitized development with powerful HPE Cray performance delivered via HPE GreenLake cloud. The latest solution provides Toyo Tire an optimal level of performance, in a flexible environment, to support a new era of
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CIMdata’s Peter Bilello published an article on engineering.com about how digital transformation of discrete manufacturing can include PLM. Peter says, “It might be time to reframe digital transformation discussions and implementations, with a dramatic shift in the focus of digital transformation away from inputs (“new and improved” and “faster, better, cheaper”) into measurable outcomes that fit smoothly into an enterprise’s business plans.” Read the full article on engineering.com here: https://www.engineering.com/where-and-how-plm-fits-into-a-digital-transformation-initiative/ To view the original press release, please click here.
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Altair, a global leader in computational intelligence, and Oasys, the software house of Arup, a global collective of designers, consultants and experts dedicated to sustainable development, announced a joint development agreement to deliver an integrated solution for safety simulation modeling in the automotive market. This solution will provide customers with a seamless workflow between Altair® HyperWorks®, a world-class design and simulation platform, and Oasys PRIMER, a market leading product for the preparation and modification of crash safety analysis models. Accessible through the Altair HyperWorks environment, engineers will be able to seamlessly utilize the power of the combined platforms to prepare data for simulations.  “We are delighted to team up with Oasys, whose pedigree and strong market presence in crash simulation has long been admired,” said James R. Scapa, founder and chief executive officer, Altair. “The combination of the power of Altair HyperWorks and Oasys PRIMER will provide customers with an advanced solution for safety modeling.” “Altair is a leader
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Bridgit, the pioneering force in construction workforce planning software, is excited to announce the appointment of Luke Forrest, as Vice President of Sales. Capitalizing on a year of strong momentum marked by significant customer acquisition and expansion, Bridgit is primed for further growth with Forrest leading the Sales team. Forrest will lead the sales division bringing his strategic vision and dynamic leadership to Bridgit’s executive team. As VP of Sales, he will drive revenue growth and forge key customer partnerships to further Bridgit’s position as the market leader in workforce planning. “As Bridgit continues its rapid growth, Luke’s exceptional leadership and proven ability to deliver results make him the perfect choice to lead our sales organization. His vision will be critical as we not only strengthen our customer relationships but also solidify our position as the industry’s leading strategic workforce planning platform,” said Lauren Lake, Chief Operating Officer and Co-Founder at Bridgit. Forrest
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Cadence Design Systems, Inc. announced the launch of Fem.AI—an initiative to propel women and the industry towards a more equitable tech sector, with an emphasis on opportunities in AI. The Cadence Giving Foundation has committed $20 million towards this initiative, including philanthropic and product donations over the next decade to organizations that align with Fem.AI’s mission. By catalyzing the industry to invest in nonprofits, university students and programs, champion women-led ventures, drive product innovation and leverage industry influence, Fem.AI aims to close the gender gap in this critical space. Addressing Key Challenges for Women in AI Despite years of effort, the tech industry is lagging on critical measures of gender balance. Initial research by Cadence has identified three “leakage points” in the tech/AI ecosystem where women are losing traction: Completing Higher Education: In 2021, approximately 20% of computer science graduates were female , while 45% of women who start college as STEM majors leave to pursue another degree . Accessing
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