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Altair has added Multiscale Designer to the HyperWorks Software Suite following the recent acquisition of MDS, LLC. Multiscale Designer is an efficient tool for the development and simulation of multiscale material models of continuous, woven, and/or chopped fiber composites, honeycomb cores, reinforced concrete, soil, bones, and various other heterogeneous materials. Multiscale technology is a way to tackle the design complexities inherent in composites and other multiphase materials without the expected computational overhead. This is achieved by substituting an over-refined single FE model with multiple interconnected and coarser FE models representing different length scales. This approach yields computational gains that can reduce computational time from hours to minutes, without loss of accuracy or flexibility. Applications include multiscale material modeling for design, ultimate failure, statistical-based material allowables, fatigue, fracture, impact, crash, environmental degradation, and multiphysics simulations and provides plugins to commercial FEA solvers such as OptiStruct, RADIOSS, LS-DYNA, and Abaqus.  Multiscale Designer's unique feature is a systematic

SofTech, Inc. today announced its third quarter fiscal year 2016 operating results. Revenue for the three months ended February 29, 2016 was approximately $912,000 as compared to approximately $925,000 for the same period in the prior fiscal year. The net loss for the current quarter was approximately ($310,000) or ($.34) per share compared to approximately $(356,000) or $(.40) per share for the same period in the prior fiscal year. EBITDA for current quarter was approximately $(249,000) as compared to approximately $(171,000) for the same period in fiscal year 2015. Product revenue for the current quarter was down by about $117,000 as compared to the same period last year which was offset by an increase of $104,000 in services revenue. Product revenue has been generating approximately $500,000 per year for the last two fiscal years, however, the quarterly product revenue has been erratic and difficult to forecast. The increase in services

Consolidated results under International Financial Reporting Standards (IFRS) for the quarter and year ended March 31, 2016 Quarter ended March 31, 2016 Revenues were $ 2,446 million for the quarter ended March 31, 2016 QoQ growth was 1.6% in reported terms; 1.9% in constant currency terms YoY growth was 13.3% in reported terms; 15.0% in constant currency terms Operating profit was $ 625 million for the quarter ended March 31, 2016 QoQ growth was 4.3% YoY growth was 12.6% Net profit was $ 533 million for the quarter ended March 31, 2016 QoQ growth was 1.7% YoY growth was 7.0% Earnings per share (EPS) was $ 0.23 for the quarter ended March 31, 2016 QoQ growth was 1.7% YoY growth was 7.0% Year ended March 31, 2016 Revenues were $ 9,501 million for the year ended March 31, 2016 YoY growth was 9.1% in reported terms; 13.3% in constant currency terms Operating profit was $

Maplesoft today announced that it has now become a Dassault Systèmes SolidWorks Certified Solutions Partner. This is a progression of the relationship between the two companies that has already enabled engineers to connect Maple and MapleSim, with SOLIDWORKS, a solid modeling computer-aided design (CAD) and computer-aided engineering (CAE) program. Integration of SOLIDWORKS with Maple, the complete, rapid solution development environment, gives users a seamless way to import CAD model parameters into Maple. This gives them access to Maple's advanced analysis tools for rigorous mathematical analysis and optimization. Users can then export updated model parameters from Maple to SOLIDWORKS. By importing multibody CAD models from SOLIDWORKS into Maplesoft's modeling and simulation platform, MapleSim, users can automatically capture the kinematic and kinetic properties of the model components. They can also evaluate how mechanical CAD models will behave as part of a larger, multidomain system, and apply MapleSim's advanced analysis tools to improve and optimize

OpenText™, a global leader in Enterprise Information Management (EIM), today announced the availability of OpenText Release 16, the most comprehensive, integrated digital information platform. Introduced at OpenText Enterprise World 2015, OpenText Release 16, featuring Suite 16 and Cloud 16, is a single platform that manages and analyzes the entire flow of information, addressing key areas of the user experience, machine-to-machine integration, automation and other aspects of the digital first organization. OpenText Release 16 can be deployed on-premises, in the cloud or in hybrid cloud environments. Innovations in technology have triggered a digital disruption that has changed the way organizations work, interact with customers, and approach business processes. Companies need to evolve, transform and fully embrace digital technologies to compete. OpenText Release 16 is a comprehensive digital platform that helps customers make a coordinated digital transformation through a single vendor. Delivering products and technologies that address the entire flow of

AVEVA announced today that BashNIPIneft LLC, a Research and Design Institute for leading Russian Oil and Gas company Bashneft, has implemented AVEVA Everything3D (AVEVA E3D) and AVEVA Laser Modeller. The AVEVA software has been used to facilitate a number of upgrade and modernization projects on Russian plants. BashNIPIneft required technology that could be implemented quickly to fully capture the as-built condition of the existing plant and provide full laser data integration with the 3D modelling environment. Designers were able to immediately assess all the work required on the facility using accurate data. This saved time by significantly minimising rework in the design office and increasing quality of the deliverables by enabling more transparent and effective processes for engineering and design work. “BashNIPIneft had no previous experience with laser software for brownfield project upgrades. AVEVA E3D was easy to use and the integration with brownfield laser data is amazing,’ said Erik

Industrial designers, design engineers, architects, and others active in product creation are the focus of Converge 2016, a new global conference series hosted by solidThinking. Converge 2016 will explore a growing creative middle ground, shared by both designers and engineers and enabled by new software, materials and manufacturing technologies that are changing the way we create and innovate. "Converge is a conference for product and experience creators," says James Scapa, Altair's founder, chairman, and CEO, "For those who've been told something can't be done, or are in charge of making the impossible possible, for the forward-thinking product designers who pride themselves on staying on the leading and bleeding edges, we wanted to create a setting to explore the innovative intersections of technology and design." Converge 2016 attendees will learn how new design approaches are adopting cutting-edge technologies to overcome current challenges to deliver product innovation. Industry leaders will share their experience

SPRING Technologies, vendor of software that optimizes the use of Numerical Control machines, is proud to announce that its NCSIMUL CAM module has won the Innovation Trophies award at France's INDUSTRIE 2016 trade show, in the category "Digital Tools". The award acknowledges a decisive technological breakthrough. "Programmers have been dreaming of this for 30 years; SPRING has done it," said CEO, Gilles Battier. "Of all the innovations SPRING has developed since we established the company in 1983, NCSIMUL CAM is the one I am most proud of. Customers have long been hoping to bridge the technological gap. The solution will enable them to step resolutely into the Workshop of the Future." Mr. Battier continued, "If the Factory 4.0 paradigm is going to help industry anywhere in the world to make the decisions that will be vital for competitive capability, there is no alternative: Factory 4.0 must be flexible and agile.

Aras® today announced that the CAD Society has recognized Peter Schroer, Aras CEO & founder, with the 2016 Leadership Award. Peter Schroer received the award for demonstrating leadership by successfully introducing a unique and disruptive open source format into the enterprise PLM market contrary to prevailing industry “wisdom.” Presented annually at the Conference On the Future of Engineering Software (COFES) the CAD Society Awards acknowledge the contributions made by individuals who have significantly affected and developed the CAD, engineering, manufacturing and architecture software industries. The Leadership Award recognizes outstanding technical and business leadership in the industry, and focus and dedication to the needs of end users. “When you innovate today it’s no longer enough to have a step function breakthrough in technology like our PLM platform,” said Peter Schroer, Aras CEO & founder. “You have to combine your technology innovation with a disruptive business model to get your

Intergraph® Process, Power & Marine (PP&M), part of Hexagon, today announced it has completed the acquisition of HostSure, Ltd., of Ireland, a fast-growing technology provider of cloud services. The acquisition of HostSure further solidifies Intergraph's strategic commitment to delivering best-in-class cloud solutions and growth objectives for Intergraph PP&M's SmartPlant® Cloud solution. It allows Intergraph to provide a unique cloud solution for EPCs, fabricators and owner operators of all sizes tailored to their core engineering business processes. The acquisition enables Intergraph to support customers by helping reduce costs, shorten project schedules, improve quality and reduce risks. The combined strengths of Intergraph and HostSure's deep domain experience enables PP&M customers to manage their businesses more profitably, helping them to achieve operational excellence, while improving value and reducing IT overheads. The HostSure team brings extensive experience in delivering cloud solutions and technology and have previously worked in conjunction with Intergraph deploying applications to major projects such as Pearl