Industry Summary Articles

PTC today announced that preliminary bookings for the fourth fiscal quarter ended September 30, 2016 are expected to be between $139 million and $142 million, above the high end of the company’s previous guidance of $111 million to $121 million. There are two mega deals (>$5 million in bookings) in…

SUSE® has announced their participation at GITEX Technology Week 2016, where they will showcase their four main product offerings for the Software Defined Data Center (SDDC) and Zero Downtime Environments - mission critical Enterprise Linux, private cloud, storage and Linux management. Commenting on their participation at GITEX 2016, Paul Abi-Chahine,…

Gerber Technology today announced they will be participating in a panel discussion with experts in 3D CAD, and supporting their long-time customer Helly Hansen as they discuss their upgrade from webPDM™ to Yunique In The Cloud at PI Apparel in Berlin. Gerber's Executive Director of Cad Product Development, Mary McFadden, will be…

Mentor Graphics Corporation today announced it has joined the Partners for the Advancement of Collaborative Engineering Education (PACE) program and the General Motors and U.S. Department of Energy (DOE) sponsored EcoCAR 3 program. The move is part of Mentor Automotive's ongoing effort to accelerate productivity of automotive engineering R&D efforts, from…

Lantek has reached an agreement with Bulgarian fibre laser cutting machine manufacturer ISL Phototonics to supply its Lantek Expert system with the company’s Gladius, Maximus, and Optimus machines. ISL Photonics has been supplying its machines to sheet metal manufacturers in Central Europe and works on the principle of ‘less is more’ which…

Fujitsu Limited, Fujitsu (China) Holdings Co., Ltd. (collectively "Fujitsu"), and INESA (Group) Co., Ltd., a large-scale, state-owned company in China that provides smart city solutions, today announced that they are collaborating on a Smart Manufacturing Project known as "Made in China 2025," a strategic framework which aims to strengthen competitiveness in…

Accenture today announced an alliance with Google to bring to market industry-specific solutions that will help clients use cloud, mobility, and analytics to advance their digital transformation agenda and improve business performance. Accenture will apply its broad industry expertise and capabilities to help enterprise clients improve the value of Google…

TPM, Inc. announces that they have acquired Carolina CAD Solutions, Inc. in Raleigh, North Carolina. CAD Solutions is one of the oldest and most established Autodesk Resellers in Eastern North Carolina. This acquisition further expands the existing Raleigh-Durham footprint of TPM, Inc. to now become the largest Autodesk Reseller in…

To boost its presence in northern Europe, Cognizant Technology Solutions Corporation has announced the acquisition of Norway-based IT solutions provider, Frontica Business Solutions, for nearly $128 million. Reportedly, Frontica had a backlog worth 5.1 billion Norwegian Krone at the end of its last reported quarter driven by important agreements with its key…

Spatial Business Systems (SBS) has formed a strategic alliance with Autodesk to provide an expanded set of solutions for the utility industry.  Through the alliance, SBS will be responsible for future development, support and licensing of Autodesk® Substation Design for Inventor®, Autodesk® Substation Design for Electrical and AutoCAD ® Utility Design (AUD) software. The…