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PTC® today announced its President and CEO, Jim Heppelmann, was honored with the 2015 Leadership Award by the CAD Society for work with the Internet of Things (IoT). The award was presented at COFES (Congress on the Future of Engineering Software) on April 18, 2015 in Scottsdale, AZ. The CAD Society Awards acknowledge the contributions made by individuals who have positively impacted and developed the CAD, engineering, manufacturing and architecture software industries. The Leadership award is presented for outstanding technical and business leadership in the CAD industry, with focus and dedication to the needs of CAD users. The CAD Society presented the 2015 Leadership Award to Mr. Heppelmann in recognition of his leadership in moving PTC from a CAD company to a product and service company, and for leading the charge on IoT. Mr. Heppelmann continues to lead the CAD industry by developing strategy and steering the industry through significant growth to underscore

As part of its commitment to helping students succeed, global design software developer Nemetschek Vectorworks, Inc. has launched the 2015 Vectorworks® Design Scholarship program. Students from across all design disciplines around the world are encouraged to submit their best individual or group work by Monday, August 31, 2015 for the opportunity to win up to $10,000 USD. The submission process is simple; students submit their best project, which may include work completed for a class assignment, and answer three questions, each in 150 words or less. An esteemed panel of judges will evaluate submissions on the basis of design integrity, effective use of computer technology and originality, as well as the articulation and communication of a design vision. “Today’s students are tomorrow’s visionaries, solving all types of design challenges that the Vectorworks Design Scholarship program lets us celebrate,” said Stewart Rom, chief marketing officer at Nemetschek Vectorworks. “We established this program to support

Mentor Graphics Corporation today announced the appointment of Paul Sale as Chief Human Resources Officer, effective May 7, 2015.  He will be responsible for organizational planning and development, talent acquisition, compensation, benefits, HR technology and employee training and development. “We are pleased to have Paul Sale join our senior management team,” said Gregory K. Hinckley, Mentor Graphics president. “His knowledge of the Mentor Graphics business, deep understanding of the sales and technical organizations and strong analytical background will prove a great asset in helping the company continue to optimize its productivity and profitability.”  Most recently, Sale was the Global Head of Compensation and Benefits for Mentor Graphics.  He began at Mentor more than ten years ago in the finance organization, working in various roles within corporate reporting and financial planning and analysis before moving to the human resources department to lead sales compensation.  Prior to that he held positions at Con-Way, Inc.

Autodesk, Inc. and Mattel announced today they have signed an exclusive agreement to power the Mattel toy line with cutting-edge 3D design and 3D printing technology. The joint initiative will provide a new immersive experience by combining beloved physical toys with digital adventures. An upcoming series of apps will empower consumers to imagine, design and customize their own toys, and help to make the toys real through 3D printing. “Autodesk is dedicated to providing powerful, yet easy-to-use 3D design and 3D printing apps to unlock the creativity in everyone,” said Samir Hanna, vice president and general manager, Consumer and 3D Printing, Autodesk. “Partnering with an iconic brand like Mattel provides us with an opportunity to demonstrate how Spark, our open 3D printing platform, can help create amazing experiences that bridge the digital and physical worlds and push the boundaries of creative play.” The exclusive collaboration aims to bring hands-on design experiences to support an interactive

LEDAS Ltd. today announced that version 3.0 of its LEDAS Geometry Comparison (LGC) software is now available. The new release is dedicated to efficiently processing big sets of 3D CAD data, quickly determining any and all differences in the geometry. LEDAS Geometry Comparison (LGC) technology makes it possible to compare the geometry of 3D parts and assemblies, comprehensively finding all of the differences between similar looking models, and then reporting the variations to users. The new version of LGC provides users with ability to efficiently find 3D models that share the same geometry and topology, even when models are rotated and moved with respect to one other. LGC’s efficient processing of large sets of models is based on the indexing technology developed in-house by LEDAS. Searching for duplicates is clearly an important exercise in removing excessive copies from parts libraries. “The idea behind release 3.0 was to make the processing of big bunches

COMSOL announced the release of the COMSOL Multiphysics® software version 5.1, the first and only integrated simulation environment for building multiphysics models and for creating and sharing easy-to-use simulation apps. Simulation experts can now benefit from a fully integrated environment where they can create models with COMSOL Multiphysics, build simulation apps with the Application Builder, and share these apps with non-experts via COMSOL Server™. COMSOL® software version 5.1 enhances user experience and productivity by allowing users to seamlessly combine model setup with application design from within a single interface. Major upgrades to the Application Builder include full integration between the Model Builder and Application Builder, improved layout tools for app design, and LiveLink™ for Excel® capabilities in applications. Customers will also benefit from the flexibility of being able to run applications on multiple computers with COMSOL Server. Going from Model to App Is Quick and Easy In COMSOL Multiphysics 5.1, the Model

Venus Group®, a California-based textiles manufacturer and distributor, has selected YuniquePLM™ to manage its global line of towels, bed sheets, table linens, hospital items and aprons. The company’s brand names include Linea Roma™, Goldcrest™, Duratec™ and Treviso™. Venus operates offices and manufacturing centers in the United States, India and China.  YuniquePLM, designed specifically for the textile and fashion industries, features comprehensive functionality in a web-based platform that helps teams around the world communicate effectively, accelerate their workflows and reduce errors.  “Since 1972, our philosophy has been founded on product excellence, manufacturing expertise and technological innovation,” said Karthi Gopal, corporate financial advisor for Venus Group. “To maintain our high quality standards throughout our supply chain involves a mutual drive only made possible through radical transparency and collaboration. As we embark on future growth, we foresee YuniquePLM helping us further improve our business processes and enabling increased collaboration between our teams.”  Bill Brewster, vice president and

Tata Consultancy Services (TCS) reported its consolidated financial results according to IFRS for the quarter and financial year ended March 31, 2015. Commenting on the performance in 2014-15, N. Chandrasekaran, CEO and MD said: “We are living in a world where technology is not just becoming integral to business but to our daily lives. TCS is playing a leading role in this ongoing revolution, helping our clients navigate and leverage Digital to help grow their businesses. Our deep relationships with our customers, our domain expertise and strong rigor in operations have helped us continue to show growth leadership in FY15.” Looking forward to financial year 2015-16, Mr Chandrasekaran added: “We have laid a strong foundation for growth in FY16. Our investments in Platforms, Digital and Automation are gaining traction with clients and together with our market investments in USA, Europe and Japan, we are upbeat that the coming quarters will bring more

Improvement in profitability: Significant increase in EBIT and Net Profit Gross Margin Improvement Sustained R&D investment policy Impacts of the operational cost control policy Positive business momentum for 2015  Alain de Rouvray, ESI Group’s Chairman and CEO, comments: "The significant improvement in our economic results over this fiscal year reflects the success of our profitability improvement and cost control policies, both to be continued over 2015. Our management team reinforcement and recent developments and acquisition advances have increased ESI solid assets to strengthen strategic relationships with OEMs and their Tier 1 suppliers and partners, and to amplify the use of our virtual prototyping solutions in their eco-system. The increasing use of our solutions by all stakeholders collaborating on the digital model via proprietary Cloud computing technologies, and our presence in new areas such as embedded systems and the life sciences, will strengthen and expand ESI market positioning.  ESI Group is fully aware of how crucial

Onshape™ Inc. and Graebert™ GmbH announced at COFES (the Congress On The Future of Engineering Software) that the companies have entered into a long-term development and licensing agreement to embed new Cloud-based CAD technology from Graebert directly into the just-announced Onshape Cloud CAD platform. Onshape's Drawings module (under development but not yet released) is powered by Graebert’s new Cloud-based CAD technology (temporarily code-named “Xenon”).  Xenon is also available for other companies to license as a platform for their own Cloud-based CAD applications. Three years ago, Graebert began building Xenon with a vision to develop new CAD technology for the Cloud. Onshape is the first company to use Xenon, benefiting from a custom version of the platform to satisfy its specific CAD requirements and offer its users a seamless, Cloud-based integration between 2D-drawings and 3D-models. “Graebert GmbH is renowned throughout the CAD industry as a world-leading technology partner for CAD on desktop, mobile, and now