Industry Summary Articles

China Nuclear Power Engineering Co., Ltd. has selected Teamcenter® software from Siemens’ product lifecycle management (PLM) software business to enhance efficiency in nuclear power plant design. CNPE will use Teamcenter to build a uniform and integrated engineering information management system that will serve as the definitive single source of digitalized…

Geometric Ltd. announced its Q4 and annual results for FY 2014-2015 at the board meeting held today. Highlights for financial year ended March 31, 2015 (FY15) The Company’s consolidated revenues rose 0.9% to INR 11,053.01 Mn from INR 10,954.52 Mn last year Dollar revenues stood at USD 180.61 Mn compared to…

 Cadence Design Systems, Inc. today announced results for the first quarter of fiscal year 2015. Cadence reported first quarter 2015 revenue of $411 million, compared to revenue of $379 million reported for the same period in 2014. On a GAAP basis, Cadence recognized net income of $36 million, or $0.12…

CGTech will showcase its expanded range of software applications for the aerospace industry on stand Hall 2B, Stand F172, Booth 2, at the Paris Air Show, Le Bourget, Paris on June 15-19, 2015. CGTech’s VERICUT is widely used in aerospace and defense to improve the efficiency of all types of CNC…

SimScale today announced the SimScale for Startups Program for startup companies to develop their products better, faster and cheaper. Startup companies now have a way to get started with Computer Aided Engineering (CAE) simulation without making a commitment for thirty to fifty thousand dollars, which usually is cost-prohibitive. The announcement…

PROSTEP AG of Darmstadt has signed a partnership agreement with the Japanese specialist for CAD-interoperability, ELYSIUM. The target of the partnership is, in addition to geometry, providing the users with the data translation and transfer service OpenDESC.com with the translation of the features and parametric information of their CAD models.…

Arena Solutions, today announced a strategic partnership with Q Point Technology to offer Q Point's Green Data Exchange (GDX) to Arena PLM users. GDX is the largest online exchange for compliance data, allowing companies to obtain RoHS, REACH, substance disclosure, and Conflict Minerals information from more than 10,000 suppliers worldwide.…

 Arena Solutions, today announced that Q1 2015 broke company records again for total subscriptions, an achievement fueled in part by the largest number of new customer subscriptions in the company's history. New customer subscriptions grew 33% in Q1 2015 over the same period in 2014. Total subscription growth also continues…

Flow International offers FlowXpert 2015, the latest version of its FlowXpert 3D CAD/CAM software featuring faster programming for waterjet applications. The platform expands on the company’s 2D FlowMaster software and includes design functionality powered by SpaceClaim, an integrated 3D modeling tool with flow sequencer. The integrated CAD/CAM capabilities streamlines the…

In an effort to help companies foster innovation and rapidly turn product and service ideas into value, SAP SE today announced the global availability of a new innovation management application. Comprising unique products, services, processes, methodologies and governance, the SAP Innovation Management solution helps companies establish a creative culture that overcomes departmental silos…