Industry Summary Articles

Trimble today announced financial results for the second quarter of 2016. Second quarter 2016 revenue of $609.6 million was up 4 percent as compared to the second quarter of 2015. Engineering and Construction revenue was $351.2 million, up 4 percent. Field Solutions revenue was $87.1 million, approximately flat. Mobile Solutions revenue was $138.1 million, up 8…

Tech Mahindra Ltd. today announced the audited consolidated financial results for its first quarter ended June 30, 2016. Financial highlights for the quarter (₹) Revenue at ₹ 6,921 crore; up 10.0% YoY Operating profit (EBITDA) at ₹ 1,029 crore; up 13.7% YoY Consolidated PAT at ₹ 750 crore, up 20.5% YoY…

3D Systems Corporation announced today its financial results for the second quarter and six months ended June 30, 2016. For the second quarter of 2016, the company reported revenue of $158.1 million and a GAAP loss of $0.04 per share and non-GAAP earnings of $0.12 per share. Quarterly revenue benefited from…

NBS and Autodesk have announced their intention to work together to develop the next generation of information and knowledge management integration. NBS will help Autodesk and its customers with support for the BS1192 Building Information Modelling (and the future International Organisation for Standardisation standards) processes and the next generation of…

Arena Solutions today released highlights of its success in penetrating the automotive component supplier industry. Automobiles are rapidly becoming at least as intricate and interactive as a smartphone. From deep wireless device integration to driverless automobiles and the software defined car, vehicles rolling out of the factory are many times…

EMA Design Automation® has just announced the acquisition of Accelerated Designs, a company known for its dominance in EDA part library content and solutions including a 7.2-million-part database and its specialist library tool Ultra Librarian. "One of the many challenges an electrical engineer faces during the design phase is getting…

Lantek has taken its first step in upgrading its solutions to take advantage of the increased capacity offered by 64-bit microprocessors and is planning to market launch a Lantek Expert native version in 64 bit. This will be a specific version of the software so that its customers can benefit from the highest…

Five-axis machining and full traceability of parts are combining to help an oil and gas specialist diversify into the nuclear market. Al-Met’s sophisticated machine shop predominantly manufactures components for flow control valves, and assembling carbide parts onto Inconel or super duplex, thanks to a range of machine tools, including a…

Omnify Software today announces that Sky plc, a European entertainment company, implemented the Omnify Empower PLM solution. Sky was looking for a single, electronic system to manage all product data and facilitate the sharing of information among their design team in the United Kingdom (UK), external suppliers, and their manufacturing…

JSC Giprogazoochistka, a Russian engineering company specializing in oil and gas processing and petrochemical industries, has chosen Intergraph® Process, Power & Marine solutions to improve in-house engineering design processes. The main reason the company selected Intergraph solutions is to integrate all relevant design data in one system, Intergraph Smart™ 3D. The…