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ANSYS announced today that the world's largest independent manufacturer of diesel engines and global power leader, Cummins Inc., has signed a new agreement providing it with broad access to the ANSYS® portfolio. This enterprise license agreement will enable Cummins to continue to solve some of the industry's most challenging multiphysics problems – providing its customers with some of the most innovative products on the market. The multi-year agreement provides Cummins with enterprise-wide licenses to the ANSYS structures, fluids and high-frequency electromagnetics suites as well as access to high-performance computing solutions. Cummins will also receive enhanced support and services as well as unlimited classroom and online training. The new agreement complements the Cummins Analysis Led Design initiative, which emphasizes simulation early in the product design process, when it is more cost-efficient to make changes. "For nearly a century, Cummins has delivered innovative engine systems - including air handling, filtration, controls, and after treatment along with electrical

ANSYS, Inc. today reported fourth quarter and FY 2014 revenue growth (both GAAP and non-GAAP) of 12% and 10%, respectively, in constant currency. The Company also reported non-GAAP earnings per share of $0.92 for the quarter and $3.43 for the year, and GAAP earnings per share of $0.74 and $2.70 for the quarter and the year, respectively. For comparative purposes, the fourth quarter of 2013 earnings per share included a one-time, $0.12 tax benefit. Recurring revenue, which is comprised of lease license and annual maintenance revenue, totaled 66% of non-GAAP revenue for the fourth quarter and 71% for the year. Commenting on the Company's fourth quarter and fiscal year 2014 performance, Jim Cashman, ANSYS president & CEO, stated, "We had a very strong finish to the year, achieving record revenue and earnings, both of which surpassed the high end of our expectations. Most importantly, we delivered double digit revenue growth in constant currency for the quarter. We also

3D Systems Corporation announced today its financial results for the fourth quarter and full year 2014. For the quarter ended December 31, 2014, the company reported record revenue of $187.4 million, representing a 21% increase over the comparable 2013 quarter despite significant foreign currency headwinds that reduced its total revenue by some $6 million during the quarter. For the same period, the company reported GAAP earnings of $0.01 per share and non-GAAP earnings of $0.21 per share. The company recorded an impressive 46% revenue increase from its EMEA region, over the same quarter in 2013, notwithstanding a challenging operating environment, outperforming all other regions with 28% organic growth. Channel productivity, primarily in North America, fell well short of the company’s expectations, restricting total organic growth to 7% for the quarter. The company’s direct metals and healthcare performance continued to surpass industry growth rates, increasing in revenue over the fourth quarter of 2013 by 178% and

MathWorks detailed its contribution to the successful completion of NASA’s Orion spacecraft test flight. The flight, completed on December 5th 2014, marked the farthest in space any spacecraft designed for astronauts has been in more than 40 years. Orion’s milestone is considered a significant step in NASA’s work to pioneer deep space flight and reach Mars with a manned spacecraft. The guidance, navigation and control (GN&C) system onboard Orion successfully navigated from launch to landing using GPS and inertial sensors. These GN&C algorithms were developed with auto-generated code from MATLAB and Simulink. The design and development of the GN&C flight algorithms for Orion was a partnership between NASA, Lockheed Martin, Draper Laboratory, MathWorks and others. Model-Based Design helped the organizations work on both the GN&C algorithm and flight software development concurrently. Simulink models of the spacecraft and controllers served as an executable specification allowing engineers to design, verify and automatically generate

Free educational webinar, focused on how PLM support process-centric products, will take place on March 24, 2015 ANN ARBOR, Michigan, 26 February 2015— CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces an upcoming free educational webinar, “PLM for Process-Based Products.” The webinar will take place on March 24th at 11:00 a.m. EDT, 17:00 CET. The topic will focus on how PLM relates to products that are produced in ways other than typical discrete manufacturing. For instance, chemicals, food and beverages, and pharmaceuticals are created in a continuous process flow. The webinar will be presented by John MacKrell, Vice President of CIMdata. “As PLM matures, it is applied to new areas. One of those is to product development in process industries such as petrochemicals or pharmaceuticals, but also for products that contain a mix of electro-mechanical and process components,” says MacKrell. “In our webinar we will discuss how traditional

ProgeSOFT is excited to announce the most eagerly awaited new release of the company’s main product, progeCAD 2016 Professional, a2D/3D DWG/DXF-native CAD platform fully compatible with AutoCAD® and other CAD programs supporting DWG/DXF file formats. progeCAD 2016 Professional, the software for advanced technical drawing acknowledged by the CAD professionals in need of the DWG environment, offers in its new edition DWG compatibility with AutoCAD® DWG files versions up to 2016. Thanks to Cloud technology integrated with progeCAD 2016, the level of collaboration and data sharing has been dramatically enhanced. The Cloud integration allows the CAD operator to save and open drawings on a Cloud station enabling access to projects literally from everywhere you want and to anyone you need to design, view and revise. The new version is also showcasing the Dynamic input feature as an alternative way to specify coordinates in the drawing area and a rethink of GUI, inviting Users to assess the interface new graphics, welcoming colours and

CD-adapco™ today announced the release of STAR-CCM+ v10.02, the latest version of its flagship simulation tool. Focusing on Multidisciplinary Design eXploration (MDX) to help accelerate the design decision process, this release allows engineers to drive their simulations through a complete range of operating scenarios. This approach can be used to gain a complete understanding of the performance of a product across the whole design space.  "Our vision for MDX will make our customers more competitive in their marketplace," said CD-adapco Senior VP of Product Management Jean-Claude Ercolanelli. "This is achieved by providing robust, automated, and smart technologies that enable engineers to maximize the utility of their simulations through designs exploration. In addition, our ongoing commitment to enrichments in the customer experience and productivity improvements allows our users to maximize the benefits of MDX." Technology, Experience and Productivity are the pillars of the v10.02 release: Technology: One of the major technological advancements in STAR-CCM+ v10.02

BricsCAD V15 is now available on all three platforms and offers cross-platform licensing, a familiar user interface, 3D direct and parametric modeling – all on native .dwg files. BricsCAD V15 for Linux unifies the intelligence of 3D direct modeling with advanced 2D design. BricsCAD is, more than ever, a REAL choice. Cross Platform License As of BricsCAD V15, license keys are cross-platform. This means users can choose to run BricsCAD on a Linux, Windows, or Mac computer. Cross platform keys also allow users to try BricsCAD on different platforms. BricsCAD offers an almost identical feature set on all three platforms. Familiar User Interface The BricsCAD interface immediately looks familiar to new users. It offers many of the powerful features they already know inside of a clean and consistent user experience. Thanks to the unique context-sensitive Quad cursor, designers are able to create technical drawings, 3D models, and layouts faster and more accurately. To navigate through

GRAPHISOFT® has introduced a simplified and more flexible licensing scheme for its award-winning BIM presentation app, BIMx. In response to customer feedback, the following fewer, more flexible licensing options are available in the Apple Appstore effective immediately: BIMx – Recommended for clients, BIMx provides FREE of charge access to the 3D part of any building models in BIMx format. This license can be upgraded to a PRO license to gain access to the full scope of BIM projects published in BIMx format; BIMx PRO – Recommended for architects, BIMx PRO provides access to the full scope of BIM projects, including both 2D and 3D content (Hyper-model). Gain access to any number of full BIMx projects on one particular device for US$49.99; BIMx Model Sharing (in-app purchase option) – Recommended for architects, BIMx Model Sharing offers an option to grant access to individual BIMx Hyper-models (including 2D and 3D content) for an unlimited number of clients on any of their devices without a

Altium Limited has announced the next update to its flagship PCB design tool, Altium Designer. Altium Designer 15.1 will introduce several new features for improved design productivity, documentation outputs, and high-speed design efficiency. “We’re pushing productivity and high-speed design features further than we ever have before,” said Jason Hingston, CTO at Altium. “With Altium Designer 15.1, we remain committed as ever to expanding our core expertise in making the most productive and efficient design software for the complexity demanded from today’s electronic designs and the needs of engineers.” Expanding An Existing Foundation The new features in Altium Designer 15.1 are adding to an existing foundation set in place with the initial release of Altium Designer 15, which focused on improvements to the high-speed design process. In addition, Altium Designer 15.1 also enhances the core philosophy of the software, with a continued focus on improved design productivity and efficiency. Expanding upon these two existing