Industry Summary Articles

Lectra is pleased to announce that Petit Bateau has adopted Lectra Fashion PLM to accelerate product development cycles and reduce lead times. Petit Bateau is a French brand since 1893. The brand is active in over 60 countries and designs, produces and markets clothing, underclothing and pajamas for babies, children…

PTC reported results for its first fiscal quarter ended January 3, 2015. Highlights Q1 Results: Non-GAAP revenue of $327 million, up 1% over Q1’14 non-GAAP revenue and up 4% on a constant currency basis; unfavorable currency movements vs. year-ago rates impacted revenue by approximately $12 million. Non-GAAP EPS of $0.50, up…

EMC Corporation today reported fourth-quarter and full-year 2014 financial results. Record fourth-quarter consolidated revenue was $7 billion, up 5% year over year. GAAP net income attributable to EMC was $1.15 billion, an increase of 12% compared with the year-ago quarter. GAAP earnings per weighted average diluted share was $0.56 in…

Arena Solutions announced strong year-over-year growth from Q4 2013 to Q4 2014, with subscriptions increasing by 38%, capping off another record year for the company. For the entire fiscal year 2014, new customer subscriptions grew by 76% year over year. Arena’s continued investment in the expansion of its product offering,…

Geometric Ltd. announced that the company’s erstwhile Chief Mentor, Mr. Shashank Patkar will take over as the Chief Financial Officer and Global Head of Finance effective February 9th, 2015. Mr. Patkar takes over from Mr. Neeraj Dutt, who has decided to leave for personal reasons. Shashank Patkar has been a…

KPIT announced that it has successfully completed signing up with Dassault Systèmes as a Value Added Reseller (VAR) partner in India. The association will significantly drive up the engagement and revenue for Dassault Systèmes’ Industrial Equipment industry business. With expertise in Manufacturing and Supply Chain, Global Deployments and Project Management,…

Distene announces the release of MeshGems 2.0 which brings Boundary Layers generation capability,  Mesh Quality enhancements and the Distributed Parallel performance,  to making a new step forward in automatic meshing meshing for a wide range of physics simulations including CFD, Structures and Electro-Magnetics. Surface Meshing: Surface meshing on discrete geometries…

Aras®, a leader in enterprise Product Lifecycle Management (PLM) software, announced the release of Aras Flow, an integrated mobile tablet app for Aras Innovator 11. For the first time in PLM, change workflows are combined with discussion commenting, visualization and markup in a tablet format. With Aras Flow, teams from…

Aras®, the next leader in enterprise Product Lifecycle Management (PLM) software, today announced general availability of Aras Innovator® 11. The release introduces visual collaboration using new secure social technology in the platform. The new capabilities provide the fastest, simplest way to collaborate securely across disciplines, locations and organizations.  “Developing and…

Recurring Revenue of $392.0 million, Up 39% Year Over Year; Cloud Services Revenue of $151.3 million, Up 259% Year Over Year  Open Text Corporation announced its financial results for the second quarter ended December 31, 2014. Financial Highlights for Q2 FY15 with Year Over Year Comparisons   Total revenue was $467.8…