Industry Summary Articles

Autodesk, Inc. today reported financial results for the third quarter of fiscal 2016. Third Quarter Fiscal 2016 Total subscriptions increased by approximately 80,000 from the second quarter of fiscal 2016 to 2.47 million at the end of the third quarter. Total annualized recurring revenue (ARR) was $1.35 billion, an increase of…

Trimble has released SketchUp 2016, the latest version of the world's most widely used 3D modeling software for architects, engineers, design and construction professionals as well as members of the global maker community. Along with multiple enhancements for driving efficiency and simplifying workflow, this release brings SketchUp users the power of…

Maplesoft™ today announced a major new release of MapleSim™, an advanced system-level modeling and simulation platform, together with important updates to many of the specialized component libraries and connectivity tools in the MapleSim family of products. MapleSim offers a modern approach to physical modeling and simulation, dramatically reducing model development and…

German shipbuilder Blohm+Voss selected Siemens’ integrated suite of product lifecycle management (PLM) software solutions to support its entire ship design, engineering and construction processes. The holistic approach to shipbuilding delivered by the Siemens PLM Software business was the determining factor in the shipyard’s decision to replace its previous software with…

AVEVA says that NIPIGAS has extended its contract for AVEVA’s Integrated Engineering & Design solution. The new contract means that NIPIGAS will use AVEVA software to create a collaborative digital environment that enables greater control over the entire design and engineering process. This extended contract includes access to AVEVA’s flagship…

PTC continues to demonstrate its leadership, vision and technical prowess for the Internet of Things at the sold out PTC LiveWorx® Europe conference, which took place this week at the ICS conference center Stuttgart, Germany. Attended by more than 2,500, PTC LiveWorx Europe is a premier European conference where professionals go…

Cadence Design Systems, Inc. announced it plans to host two digital design-focused user summits in December. The Front-End Design Summit is scheduled for December 2, 2015, and the Digital Implementation Summit is scheduled for December 10, 2015. Both user summits are to be held at Cadence® headquarters in San Jose, Calif., and are…

Centric Software has opened its first Latin American office in Mexico City, aiming to build relationships with companies in the Latin American fashion industry and support their production of clothing, footwear, luxury goods, and consumer goods. Leveraging the success with women's clothing brand STF Group S.A. and urban clothing retailer…

Altair announced it will provide an open source licensing option for its market-leading HPC workload manager, PBS Professional® (PBS Pro). Scheduled to be released to the open source community in mid-2016, PBS Pro will become available under two different licensing options for commercial installations and as an Open Source Initiative…

Infosys today said it has completed the acquisition of US-based oil and gas consulting firm Noah Consulting. Last month, the Bengaluru-based firm had announced the acquisition of Noah Consulting for USD 70 million (about Rs 453.5 crore) in an all-cash deal. “Infosys has completed the acquisition of Noah Consulting, a…