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Items filtered by date: 8月 2023 - CIMdata
ABB Motion and WindESCo, have signed a strategic partnership, where ABB has acquired a minority stake in the company through its venture capital unit, ABB Technology Ventures (ATV). US-based WindESCo is the leading analytics software provider for improving the performance and reliability of wind turbines. Leveraging WindESCo’ solutions, the investment will strengthen ABB’s position as a key enabler of a low carbon society and its position in the renewable power generation sector. It will allow the company to continuously improve wind turbines’ performance and reliability, offer end-to-end solutions to wind customers and open a new market channel for its digital offering. Financial details of the investment were not disclosed. ABB is a leading independent supplier of wind converters for medium voltage and low voltage wind turbines. WindESCo has around 25 employees and works with 40 customers on projects in 18 countries. It has developed a market leading OEM agnostic asset performance
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Cadence Design Systems, Inc. announced that it has completed the previously announced acquisition of the SerDes and memory interface PHY IP business from Rambus Inc. With the continued proliferation of AI, data center and hyperscale applications, CPU architectures, and networking devices, the technology asset purchase enriches Cadence’s established IP portfolio and augments the company’s Intelligent System Design™ strategy, which drives design excellence. The acquisition also comes with the addition of experienced PHY engineering teams in the United States, India and Canada, further expanding Cadence’s domain-rich talent base. To view the original press release, please click here. Search for Cadence Design Systems on CIMdata.com Search for Rambus Inc on CIMdata.com
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Logility, Inc., a leader in prescriptive supply chain planning solutions, announced it has signed a definitive agreement to acquire Garvis, a visionary SaaS startup that combines large language models (ChatGPT) with AI-native demand forecasting. The combined organization will enable a new supply chain planning paradigm with DemandAI+ that moves beyond conventional methods to plan demand and inventory at the speed of the market. Instead of relying on traditional models, Garvis designed from the ground up an AI-first forecasting solution now called DemandAI+. Fusing Generative AI with machine learning algorithms, DemandAI+ creates a modern, more inclusive, and intuitive planning paradigm that quickly digitizes supply chain relationships and exposes that data to any stakeholder across the organization. By simply asking questions planners, executives, and non-planners alike get answers to unanticipated queries in real-time, providing transparency for more informed decisions that saves precious planning time. DemandAI+, built for the cloud, will be embedded into the
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SAP SE and LeanIX GmbH announced that SAP has entered into an agreement to acquire LeanIX, a leader in enterprise architecture management (EAM) software. The planned acquisition helps SAP expand its business transformation portfolio, giving customers access to the full suite of tools required for continuous business transformation and facilitating AI-enabled process optimization. LeanIX, a privately held company, has been a strategic partner of SAP and for SAP Signavio solutions for 10 years. Many CIOs rely on LeanIX’s offerings as part of their digital transformation with the RISE with SAP solution. The transaction is expected to close in the fourth quarter of 2023, subject to customary closing conditions and regulatory approvals. Terms of the transaction were not disclosed. With the intended acquisition, SAP is extending its comprehensive transformation suite to help customers navigate change more easily and permanently improve their business processes. LeanIX complements the transformation capabilities of SAP Signavio solutions and will
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Cyncly, the leading global provider of software and content solutions that help make spaces amazing, announced that it will bring its integrated solutions for furniture manufacturers and component suppliers to SICAM. Cyncly’s industry-specific solutions are designed to help the industry speed up processes and optimize the internal flow of data, from design to delivery, to support growth and faster responses to changing customer expectations. Furniture manufacturers are facing greater pressure to offer customers high levels of product customization, delivered in a seamless experience from when they place and order to the arrival of personalized products. Cyncly’s platform strategy offers the industry’s most complete portfolio of customer-facing and project and production management solutions to overcome these new challenges, with leading Design/CPQ, CRM, ERP and MES software tailored to the spaces for living sector. Cyncly customers can move faster and produce more flexibly, creating opportunities for greater profitability and growth. “We are thrilled to
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&T Technology Services, a leading global digital engineering and R&D services company announced its participation in the elite IAA Mobility conference in Munich. LTTS will exhibit its cutting-edge offerings on Software Defined Vehicles and the future of Mobility, at Hall A3, Booth #24. In its second edition the Internationale Automobil Ausstellung (IAA) in Munich (September 5 – 10) presents a transformative vision for the automotive industry, centered around sustainability, electrification, and innovative mobility solutions. As the automotive industry evolves, the IAA Mobility undoubtedly remains a crucial platform for shaping the future of mobility and fostering collaboration among key stakeholders. With leading international partner companies, 500+ delegates and speakers, it is considered as one of the world’s most progressive conferences for sustainability through electrification and digitalization. The automobile and aviation industry holds the key to driving significant advancements in green mobility. Traditional Original Equipment Manufacturer’s (OEM) and new entrants are racing to make
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Lantek Systems, Inc., leading provider of software solutions for the sheet metal and manufacturing industries, will showcase its latest CAD/CAM and MES/ERP solutions at Fabtech 2023, September 11-14 in Chicago, Illinois, in Booth A3385 at McCormick Place. This new module for Lantek Expert Cut CAD/CAM nesting software is designed to streamline the CNC programming of modern TRUMPF cutting machines, providing a more efficient and simplified process for laser machining and the preparation of components for welding operations. The EdgeLine Bevel technology offers several key advantages over traditional methods that allow specific beveling techniques to be performed without tilting the laser head, reducing overall processing time, and eliminating the need for separate work center processes. The technology also has a significant impact on the preparation of components for welding techniques by enabling the automatic insertion of chamfers and countersinks of various sizes up to 45°, providing a faster and more efficient process with fewer errors compared to traditional
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Lantek, a leading multinational company in the digital transformation of sheet metal and metalworking, will present the features of its 2023 software update for sheet metal working at Schweißen & Schneiden 2023 from Monday 11 September. The focus will be on innovations in the Lantek Expert and Lantek Flex3D cutting modules. "With the Lantek V43 software update, we can even better support our customers in digitising their manufacturing processes, giving them agility, efficiency and control over their workflows, while helping to ensure their long-term sustainability," says Christoph Lenhard, head of Lantek’s German office, which is also responsible for Austria and Switzerland. "By supporting new advanced machining strategies, our customers can get the most out of their machines and further optimise their part machining quality, process reliability and material utilisation." The software update provides intelligent automatic tools for offline programming, helping users to achieve optimal results faster in different scenarios. The new options in Lantek Expert are
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Markforged (the “Company”), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, announced that the Company will be participating in the following investor conferences. Lake Street Best Ideas Growth Conference – The conference is on Thursday, September 14th. Sidoti Small Cap Conference – The conference is on Wednesday, September 20 and Thursday, September 21. To view the original press release, please click here. Search for Markforged on CIMdata.com
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OpenText™, the information company, announced programming highlights for the leading information management conference, OpenText World 2023, in-person at the Venetian Hotel Resort, Las Vegas, from October 11-12. This year’s conference will bring together the brightest minds in information management and leading technology experts to explore AI and Information Management, and its potential and impacts on enterprise businesses tackle the challenges of the next generation. "Software automation is in the midst of a massive platform shift from cloud to AI. AI has the potential to transform work across all roles and all industries. The pace of change and value creation has never been this fast before. At OpenText World 2023, we are unveiling our initial solutions to bring the future of AI to our customers," said Mark J. Barrenechea, OpenText CEO & CTO. "This year’s event will be one of the most enlightening experiences with industry luminaries exploring the applied value that AI
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