Industry Summary Articles

“In the past department stores were built around the idea that consumers will come to the store for inspiration and product discovery. Good old days are in the past now. These days, consumers are getting inspirations online and then coming to department store for products they want to buy. It…

OpenText™ today announced Release 16 Enhancement Pack 2 (EP2), the second enhancement pack for OpenText Release 16, the company's comprehensive, integrated digital information platform that enables customers to digitize any business process and manage information flows across the digital enterprise. With the new enhancements, OpenText Release 16 continues to facilitate…

Aspen Technology, Inc. today announced financial results for its third quarter of fiscal year 2017, ended March 31, 2017. Antonio Pietri, President and Chief Executive Officer of AspenTech, said “AspenTech reported third quarter fiscal 2017 financial results that exceeded expectations from a revenue and profitability perspective. The demand from our…

ANSYS, Inc. today reported first quarter 2017 GAAP and non-GAAP revenue growth of 13% in constant currency. Recurring revenue, which is comprised of lease license and annual maintenance revenue, totaled 78% of revenue for the first quarter.  The Company also reported 16% growth in diluted earnings per share on both…

UI LABS CEO, Caralynn Collens, will be the keynote speaker.  Dassault will be hosting a 3-day Hackathon as part of the event. The Hackathon will kick off on May 15th with training and starting files. Teams will then be given the opportunity to create and form their designs. Conference Dates: May…

The SAP Next-Gen program, in partnership with Hasso Plattner Institute (HPI), has expanded its footprint to New York City, opening on the 48th floor of SAP’s new offices at Hudson Yards. SAP Next-Gen in New York will create an innovation hub, connecting the diverse perspectives of next-generation innovators in New York…

Ideate Software, a veteran Autodesk Developer Network member, announced today that it launched its 2017 spring releases of Ideate BIMLink for Revit, which include the new 2018 version and enhancements to the features of Ideate BIMLink 2017 and 2016. These solutions are designed to work with Autodesk® Revit® 2015, 2016, and 2017, and…

ModuleWorks announces the latest release of its CAM components, ModuleWorks 2017.04, the first major update of 2017. Each ModuleWorks release contains many new and enhanced features across the product range. This latest version includes new features for 5-Axis, 3-Axis, TurnMill, Turning and Simulation. ModuleWorks is at the forefront of 5-Axis…

CGTech will introduce its Additive Manufacturing (AM) simulation capabilities at the RAPID + TCT Show, May 9 -11. VERICUT’s Additive module simulates both additive and traditional machining capabilities of hybrid CNC machines.  CGTech works with its customers and technology partners to solve AM challenges including: accurate laser cladding and material deposition,…

Cadence Design Systems, Inc. today announced the industry's first interface and verification IP solution for Cache Coherent Interconnect for Accelerators (CCIX), an open chip-to-chip interconnect standard that advances the development of a new class of server solutions to address the challenging performance and latency requirements in the growing datacenter market.…