Industry Summary Articles

ESI Group announces the latest release of IC.IDO, its Virtual Reality (VR) solution designed for industrial use. ESI IC.IDO 11 brings solid performance improvements along with new functionalities for efficient in-process engineering reviews, assembly tooling validation, and early accessibility and serviceability assessment. Fully compatible with Head Mounted Displays (HMD), IC.IDO 11 also…

IBM today announced fourth-quarter and full-year 2016 earnings results. "In 2016, our strategic imperatives grew to represent more than 40 percent of our total revenue and we have established ourselves as the industry's leading cognitive solutions and cloud platform company," said Ginni Rometty, IBM chairman, president and chief executive officer.…

Telit, TMC, and Crossfire Media announced today the Telit Best Practices Showcase where Telit partners will highlight and define the various stages of IoT development and the best practices required in order to deliver a successful IoT solution that offers value, operational efficiencies and profitability. The showcase is a new addition to Telit…

Western Digital Corp. today announced the appointment of Martin Fink to the position of chief technology officer (CTO). Fink most recently served as CTO and director of HP Labs at Hewlett Packard Enterprise. In his new role, Fink will report to Steve Milligan, chief executive officer, and lead Western Digital’s…

Tata Consultancy Services (TCS) today announced that it has been positioned in the leadership zone in product engineering services across 12 industry verticals for the fourth consecutive year through  “Zinnov Zones 2016 PES.”  TCS has also been recognized as Most Established Global Engineering Service provider amongst the leading players  in the report…

Tata Consultancy Services (TCS) today announced that it has been positioned in the leadership zone in product engineering services across 12 industry verticals for the fourth consecutive year through  “Zinnov Zones 2016 PES.”  TCS has also been recognized as Most Established Global Engineering Service provider amongst the leading players  in the report…

Analytical Graphics Inc. (AGI) and Bentley Systems are pleased to announce Bentley Systems as a co-founder of the new Cesium Consortium. Cesium is an open source, browser-based virtual globe, first developed by AGI in 2011 for the aerospace and defense communities. Cesium’s unparalleled performance in streaming very large datasets through…

Planview® and Thoma Bravo today announced that Thoma Bravo has entered into a definitive agreement to acquire Planview from Insight Venture Partners. Thoma Bravo will become the new majority shareholder of Planview upon the closing of the transaction, while Insight Venture Partners will maintain its original 2014 capital investment in…

Oracle today announced that it has signed an agreement to acquire Apiary, whose pioneering APIFlow solution provides the framework and tools for developing application programming interfaces (APIs) that share enterprise services and data and help create modern, cloud-based applications and experiences. Apiary has helped companies create hundreds of thousands of…

Hewlett Packard Enterprise today announced a definitive agreement to acquire SimpliVity, a leading provider of software-defined, hyperconverged infrastructure, for $650 million in cash.  The hyperconverged market was estimated to be approximately $2.4 billion in 2016, and is expected to grow at a compound annual growth rate of 25 percent, to…