Industry Summary Articles

openBoM, the world’s first cloud BOM management tool specifically designed to help manufacturing companies manage and track BOMs across organizational and geographic boundaries, has teamed up with Onshape, the world’s first full cloud CAD solution. openBoM is making BOM records shareable and reference-able across distributed environments in ways that transcend…

Aspen Technology, Inc. announced it has acquired Fidelis Group, LLC of Lake Jackson, Texas. Fidelis is a leading provider of asset reliability software that process industry companies use to predict and optimize asset performance. Customers use the software to mitigate risk and achieve significant capital expense savings and increased availability. Many owner-operators mandate…

IronCAD, LLC today announced in conjunction with the release of IronCAD Design Collaboration Suite 2016 Product Update 1 the immediate availability of an updated version of its powerful IronCAD Mechanical add-on. This upgrade further improves IronCAD Mechanical’s ability to significantly reduce design times by adding powerful tools to the areas…

At the 2016 International Machine Tool Show (IMTS) VERICUT version 8 will be featured in CGTech’s booth E-3346. VERICUT CNC machine simulation, verification and optimization software simulates all types of CNC machining, including drilling and trimming of composite parts, water jet, riveting, robots, mill/turn and parallel kinematics. The software operates…

3D Systems, developer of GibbsCAM® software for programming CNC machine tools, announced today that it will be demonstrating the next generation of its Computer-Aided-Manufacturing software, GibbsCAM 2016, at the International Manufacturing Technology Show (IMTS), September 12-17, 2016, at McCormick Place, Chicago, in Booth # E-3310.  IMTS is an ideal opportunity to check out…

Aras® is joining with IDC Manufacturing Insights and Microsoft for a webinar entitled “How Will the Global Enterprise Use the Cloud in PLM?” Hosted by Engineering.com, the webinar takes place Wednesday, June 15, 2016 at 2:00PM ET. Free registration at http://aras.com/plm/003255 Today’s manufacturing enterprise has watched the cloud hype with skepticism,…

Stratasys Ltd today announced that David Reis has decided to step down from his position as the Chief Executive Officer, effective June 30, 2016. During his tenure as CEO, David Reis led the successful merger and integration of Stratasys and Objet, and oversaw the strong growth that has established Stratasys as an industry leader. Mr. Reis also initiated the…

intrinSIM and OraResearch, a leading market research firm in the engineering software space, have established a collaboration to research, report and advise on simulation market The joint intrinSIM/Ora Research projects will seek to identify emerging CAE market segments that are creating high value for initial adopters, but to date have…

Open Text announced today that it has entered into a definitive agreement to acquire privately-held Recommind, Inc., a leading provider of eDiscovery, and information analytics. Recommind’s SaaS and managed services solutions include, Axcelerate for eDiscovery review and analysis, Perceptiv for contract analytics and Decisiv for enterprise-wide information access. With this acquisition, Recommind’s…

Zuken announces industry-leading routing enhancements in the latest version of its CADSTAR desktop PCB design software. Other productivity enhancements include improved routing patterns for differential pairs, and Etch Factor support. Jeroen Leinders, CADSTAR Worldwide Sales Manager, said: “CADSTAR 17 challenges the view that PCB Desktop software has to be complicated. It…