Industry Summary Articles

BIMobject AB today announced that its unique development technology BIMscript and LENA has reached 100 developers who are using the solution to develop BIM software native, highly intelligent and industry standard BIM objects based on mechanical CAD data. BIMscript and LENA is an innovative technology and cloud solution designed to streamline…

Wipro Infrastructure Engineering (WIN), hydraulic solutions provider and part of Wipro Enterprise, today announced that it has signed a definitive agreement to acquire HR Givon (Givon), an Israel-headquartered manufacturer of metallic parts and assemblies for the Aerospace industry, in an all-cash deal. Givon manufactures structural parts and assemblies which form part of the…

Open Text Corporation announced today its financial results for the fourth quarter and fiscal year ended June 30, 2016. "Fiscal 2016 was a pivotal year for OpenText, in constant currency, we grew revenues 3% and created a more efficient business and expanded our adjusted operating margin by 240 bps. More importantly, we believe…

The Nemetschek Group has maintained its dynamic development from the beginning of the year in the second quarter of 2016 and accelerated revenue growth even further. The greatest growth impulses originated from abroad. The operating result rose over-proportionally compared to revenue, which led to a significantly higher operating margin. Major…

Flowserve Corporation today reported its financial results for the second quarter ended June 30, 2016. Second Quarter 2016 Highlights: Reported Earnings Per Share of $0.48 includes $0.09 per share of adjusted items, as detailed herein, and approximately $0.01 per share of negative currency translation Adjusted Earnings Per Share (EPS)[2] was $0.57, excluding…

Aconex Limited today lodged its Appendix 4C report of cash flow for the quarter ended 30 June 2016 with the Australian Securities Exchange (ASX).  Aconex reported a cash balance of $50.0 million at 30 June 2016 and net operating cash flow of $0.2 million for the quarter ended 30 June…

To encourage underprivileged girl students who pursue higher education after grade 12, Wipro Consumer Care in association with "Wipro Cares" has announced the Santoor Scholarship programme to financially support them. The programme that offers 300 scholarships in Karnataka, will be rolled out in 2016-17, the company said. It will be a recurring annual programme under which…

Gerber Technology has announced five finalists in the fashion design competition segment of their annual ideation conference. The competition began with 60 entries in February 2016.  Now down to five, the finalists include: Ashley Maurice, Lin Savadty, Maria Silvia Grisolia, Victoria Zito and Ye Hong. Honorable mention goes to Natalia Gilca. "Gerber is passionate about providing…

Solibri and Graphisoft will now work together to provide a complete BIM experience in customer projects. Graphisoft, owner of the world leading design solution, ARCHICAD have agreed to work with Solibri to make BIM a reality in all key projects in Germany and Austria. “Graphisoft as the inventor of BIM…

The Academy of Model Aeronautics is pleased to announce that it has partnered with ESTECO to offer AMA members free ESTECO Academy memberships. ESTECO will sponsor AMA members and offer free academic modeFRONTIER licenses for students and Ph.D. researchers. Usually, these academic licenses cost $120 per year and $240 per…