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Dassault Systèmes today announced IFRS unaudited financial results for the fourth quarter and year ended December 31, 2015. These results were reviewed by the Company’s Board of Directors on February 3, 2016.  Summary Highlights (unaudited) Organic non-IFRS new licenses revenue up 11% in Q4 and FY ex FX Organic non-IFRS operating margin expansion of 120 basis points in FY 3DEXPERIENCE software revenue up 45% ex FX in Q4 2015 non-IFRS EPS up 24% to €2.25 with non-IFRS operating margin of 30.8% Net operating cash flow up 27% to €633 million for 2015 Recurring software revenue 70% of total non-IFRS software revenue in 2015 Initiates 2016 financial objectives: double-digits new licenses revenue growth goal in a more volatile macro backdrop To view the original press release, please click here. Search for Dassault Systèmes on CIMdata.com

Cadence Design Systems, Inc. announced results for the fourth quarter and fiscal year 2015. Cadence reported fourth quarter 2015 revenue of $441 million, compared to revenue of $423 million reported for the same period in 2014. On a GAAP basis, Cadence recognized net income of $80 million, or $0.26 per share on a diluted basis, in the fourth quarter of 2015, compared to net income of $65 million, or $0.21 per share on a diluted basis, for the same period in 2014. Revenue for 2015 totaled $1.702 billion, compared to revenue of $1.581 billion for 2014. Net income for 2015 was $252 million, or $0.81 per share on a diluted basis, compared to net income of $159 million, or $0.52 per share on a diluted basis, for 2014. Using the non-GAAP measure defined below, net income in the fourth quarter of 2015 was $95 million, or $0.31 per share on

CAD Technology Center (CTC) announced that Autodesk has promoted the firm to an Autodesk Platinum Tier Value Added Reseller (VAR). Only a small number of Autodesk Value Added Resellers worldwide have achieved Platinum Tier status. The Autodesk Platinum Partner designation indicates a significant investment in consulting and development services. CTC has demonstrated an ability to deliver the highest level of solution expertise, service, support, and customer satisfaction. CAD Technology Center works closely with Autodesk to help customers design, simulate and analyze their ideas, increase operational efficiencies and maximize their return on investment in Autodesk software solutions. “We are proud to announce CTC as our newest Platinum partner. They deliver solutions for their clients that provide tangible, real world value,” said Steve Blum, senior vice president of worldwide sales and services, Autodesk. “Being named a Platinum Partner acknowledges the pivotal role the CTC team plays in delivering world-class design solutions, products and services across

Autodesk, Inc. announced a restructuring plan that will accelerate the move to the cloud and its transition to a subscription-based business model. Through the restructuring, Autodesk seeks to reduce expenses, streamline the organization, and reallocate resources to align more closely with the company’s needs going forward. “As we progress through our business model transition, we continue to take a comprehensive look at our company to see where we can be more effective and efficient. To realize maximum value for both our customers and shareholders, and as a follow-on to previously discussed cost reduction actions, we are restructuring so we can focus resources on areas that will accelerate the move to the cloud and transition to a subscription-based business,” said Carl Bass, Autodesk President and CEO. Autodesk plans to reduce staffing levels in the near-term by approximately 10%, or approximately 925 positions, and to consolidate certain leased facilities. Autodesk expects these actions will

CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces an upcoming free educational webinar, “Internet of Things – Hype or Value?” The webinar will take place on March 10 at 11:00 a.m. (EST) and will cover the issues and concerns related to the Internet of Things (IoT) and how best to achieve value while avoiding the pitfalls and hype. The webinar will be an hour long and those attending will: gain the knowledge needed to prepare for IoT in a deliberate way; be in a position to consider all the possibilities for leveraging IoT; have a clearer understanding of the business case for IoT; and will understand the importance of closing the product development loop with IoT delivered data. According to the webinar host, Ms. Laila Hirr, CIMdata’s Practice Manager for High Tech Electronics, “Over the past year there has been a tremendous amount of hype around IoT

CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces an upcoming free educational webinar, “Internet of Things – Hype or Value?” The webinar will take place on March 10 at 11:00 a.m. (EST) and will cover the issues and concerns related to the Internet of Things (IoT) and how best to achieve value while avoiding the pitfalls and hype. The webinar will be an hour long and those attending will: gain the knowledge needed to prepare for IoT in a deliberate way; be in a position to consider all the possibilities for leveraging IoT; have a clearer understanding of the business case for IoT; and will understand the importance of closing the product development loop with IoT delivered data. According to the webinar host, Ms. Laila Hirr, CIMdata’s Practice Manager for High Tech Electronics, “Over the past year there has been a tremendous amount of hype around IoT

iBASEt’s manufacturing operations management software suite, Solumina, is now successfully deployed with the Electronic Systems sector of global defense, aerospace and security company BAE Systems. In use at several Electronic Systems manufacturing locations, Solumina automates the sector’s Bills of Materials (BOM) management and Engineering Change Order (ECO) management, including serialized views of work orders and multilevel hold history as well as several other production processes that span the sector’s production workflows. Earlier in the implementation, BAE Systems initiated a project to harmonize operations process management across its Electronic Systems’ manufacturing facilities, utilizing Solumina’s process planning, manufacturing, and enterprise quality management tools. The company’s Electronic Systems sector originally selected Solumina in February 2012 because of its extensive features and shop floor harmonization capabilities. “The collaboration and teamwork between BAE Systems and iBASEt continues to provide our internal teams with valuable insights, intelligence and knowledge essential to enabling change management strategies to succeed,” said Steve Rubenfeld, program

International TechneGroup, Inc. (ITI) is pleased to announce the acquisition of Glacier Technologies, LLC. With a vendor neutral approach to helping customers achieve value from their engineering, manufacturing, and quality systems, Glacier aligns well with ITI’s business strategy. “Glacier’s consulting approach is ideal for enabling ITI to better understand how and where we can offer more value through our PLM integrations. This acquisition rounds out ITI’s PLM integration business, which encompasses; vendor/OEM integration development, end-user integration implementation, legacy PDM/PLM data migration consulting, and now business integration consulting,” commented Tom Makoski, Executive Vice President. As products become more complex, supply chains become more integrated and distribution becomes more global. Companies are integrating more and more systems into their overall business process. “Our business focus is to help customers maximize their technology investment, via effective system integration strategies. Joining the leader in engineering interoperability solutions at this time makes sense for Glacier.

Razorleaf Corporation today announces Clover, its open integration platform, is releasing ERP connectors for SOLIDWORKS PDM Professional to SAP, Microsoft Dynamics, Oracle, MAPICS/Infor and other ERP systems.  Clover will enable the passing of business and product data such as customer and supplier information, items and bills of materials, and change documents to improve productivity and enable agility through sharing accurate information.  Clover goes beyond typical middleware and ensures that contextual business processes are aligned for passing data to improve process efficiency and data integrity. "Our customers find their biggest productivity gains come from connecting business processes between ERP and Product Data Management or PLM.  Core processes like Order Management need to flow across an organization, intersecting business systems with varying data structures.  Sales, marketing, engineering, and manufacturing all need to have the most current information, and without process-led integration strategies, many organizations are using inaccurate data up and down the organization,"

COMSOL has announced support for app development in the latest version of LiveLink™ for SOLIDWORKS®. Part of COMSOL Multiphysics® software, the only fully integrated environment for creating custom simulation applications, LiveLink™ for SOLIDWORKS® connects COMSOL® software simulations and 3D design and its latest version allows users to build apps with the Application Builder. This provides design engineers with a better understanding of how SOLIDWORKS® software designs perform in the intended operating environment by delivering an accurate evaluation of the impact of any physical effects and their interactions. With LiveLink™ for SOLIDWORKS® and the Application Builder, engineers can build apps based on COMSOL® models created from a SOLIDWORKS® software geometry. LiveLink™ for SOLIDWORKS® allows them to import and perform operations on their CAD geometries from within an app and then synchronize the final geometry with SOLIDWORKS® software. LiveLink™ for SOLIDWORKS® includes a bidirectional interface between the COMSOL Desktop® environment and SOLIDWORKS® software.