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PTC today announced the appointment of Andrew Miller as Executive Vice President and Chief Financial Officer (CFO), effective February 5, 2015. An accomplished finance executive, Miller has more than 30 years of experience in the high technology and medical technology industries. Miller will join PTC from Cepheid, a high-growth molecular diagnostics company, where he has served as Chief Financial Officer since April 2008. During his tenure, Cepheid grew its clinical revenue at a compound annual growth rate of 49%, expanded its global installed base to more than 7,500 placements, the largest in molecular diagnostics, established itself as the market leader in molecular healthcare associated infection testing, and expanded its global menu of molecular diagnostics tests to twenty, the broadest menu available on a single platform. While at Cepheid, Miller built world-class finance and information technology teams and a nationally recognized investor relations program. Cepheid saw a more than five-fold stock price appreciation

Russian hi-tech innovative engineering company, Computational Mechanics Laboratory, LLC (also known as CompMechLab® Ltd.) signed a reseller's agreement with a US software company SOLIDTHINKING, Inc. - a leader in Computer Aided Engineering (CAE), topology optimization and   industrial design - on December 1st, 2014. CompMechLab® became an official reseller of solidThinking Evolve and Inspire in Russia and CIS countries (Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Tajikistan, Turkmenistan, Uzbekistan, Ukraine), Estonia, Latvia, Lithuania and Finland. From the day of its establishment, the aim of Computational Mechanics Laboratory, LLC, is to generate technological chains of a new generation, i.e. multiphysics, multi-stage and multi-level innovation developments for a vast range of industries. The entering into the reseller's agreement of CompMechLab® and SOLIDTHINKING is a result of a long-term and productive activity of CompMechLab® in the field of CAE, as well as acknowledgment that CompMechLab® is one of the leaders of Russian and European R&D innovative companies. The

OpenText™ today announced that it has acquired Informative Graphics Corporation (IGC), a leading developer of viewing, annotation, redaction and publishing commercial software. As a valued OpenText partner for more than a decade, IGC technologies will be further integrated into the ECM product portfolio and extended into other OpenText Suites. With the acquisition of IGC, OpenText strengthens its capabilities for secure access to any content, on any device, on premises and in the cloud. Having already deployed more than 250 joint customers and more than 300,000 seats of Brava!® for OpenText Content Server, OpenText can now extend the reach of IGC offerings to more OpenText customers globally. "With a proven record of success as an OpenText partner, we are excited to welcome the IGC team into our company," said Mark J. Barrenechea, president and chief executive officer of OpenText. "As customers make the shift to the digital workplace and the cloud, document viewing and

AVEVA today announced that it has acquired 8over8 Limited (8over8). This acquisition provides the software platform for AVEVA to address the current global need for increased project control, capital discipline, minimising project overruns, and delivering improved efficiency in operations. 8over8’s flagship product is ProCon, a risk management software platform that connects Owner Operators (OOs) and Engineering Procurement Construction companies (EPCs) throughout the project life cycle. ProCon can be deployed on site, or through a privately managed cloud, providing real-time risk management for major capital projects.  Trusted to manage contract execution in multi-billion dollar capital projects globally, ProCon is firmly established in the largest capital-intensive energy projects in the world. Richard Longdon, CEO, AVEVA commenting on the acquisition, said, ‘Now more than ever before, our customers are seeking improved project control and reduced risk to their capital investment programmes. We are responding to the needs of all the industries we serve to help

Welcome to CIMdata.com Login for Professional Member Content. Welcome to CIMdata.com – the website for all things PLM. At CIMdata we bring you the PLM information you need to make the critical decisions you face every day. We are the leading independent authority for global research and strategic management consulting focused exclusively on the PLM market. We have the tools you need to be successful – including the extensive research contained in our Knowledge Council library. To access our Professional Member content please login below or register an account with us today.

ZWCAD Design today officially released its latest product, ZWCAD Mechanical 2015.  As a specific and comprehensive CAD program, this new version features enhancements like Graphic Style Configuration, 229+ new ISO and DIN standard parts, new ribbon icons and many more to improve productivity and practicality.  Graphic Style Configuration Defining shape is very important when it comes to mechanical design. Designers usually change related xml file and its code structure. The re-designed Style Configuration in ZWCAD Mechanical provides a graphic interface that enables users to customize drafting standard without knowing how to define related xml files and code structure. Designers can easily and efficiently customize the standard style for layers, title block, symbol and many more. This significantly improves design efficiency and makes changes and modifications more visible. 229+ New ISO and DIN Standard Parts Dealing with tons of mechanical parts is one of the specialties of mechanical design, however, countries vary in standard. If

December sees the release of the latest version of the ModuleWorks components, 2014.12, the third major update of 2014.  As always, they have added a broad range of new features across the product range and this latest update includes new and enhanced features for 3-Axis, 5-Axis, Port Machining and Simulation. ModuleWorks is at the forefront of 5-Axis machining and Simulation technology, providing the toolpath and simulation technology that powers many of the leading CAM systems available around the world today. Highlights of the new release are shown below: 5-Axis Machining 5-Axis SWARF sees a number of improvements to improve efficiency and flexibility. The aim of “Tool guide curve for SWARF machining” is that the tool can be guided either on the upper or the lower curve. The selection is depending on the SWARF surface shape, walls with varying heights or abrupt jumps can be handled better. The tool should be guided to that

Merry Mechanization (Merry Mech.) has recently improved their Interactive Nesting in the company’s 2D & 3D SMP/IS software which helps operators save time while increasing their control over the nesting process. Combined with the company's CAD/CAM sheet metal fabrication software, Interactive Nesting lets operators arrange individual parts in a nest and then treat the nest as a single unit for further processing. According to a spokesperson for SMP/IS, "By using Interactive Nesting to automatically perform nesting functions, you will save valuable time and materials without sacrificing control." The Interactive Nesting routine within SMP/IS now offers optimum flexibility for operators to create nests with specific parts while allowing automatic processing for previously created nests. To create a nest, an operator has complete freedom to choose the most appropriate parts. He can place any number of parts on a blank and choose identical parts, specific part groupings or all the parts of a particular assembly.

The ExOne Company announced that it has appointed Hans J. Sack to serve on the Board of Directors. The Board of Directors increased the number of directors on its board to eight and appointed Hans J. Sack to fill the newly-created vacancy. Mr. Sack is "independent" under the NASDAQ rules. Mr. Sack has been a Managing Director of HEADWATERS | SC, a private consulting firm, since 2013. In that position, Mr. Sack works on client engagements on matters relating to business growth strategy development and implementation, operational improvement initiatives, and acquisition and consolidation strategies and related due diligence. Prior to joining Headwaters, from 2010 to 2012, Mr. Sack served as President and CEO of Berg Steel Pipe Corp., the US subsidiary of Europipe GmbH, a global leader in large diameter pipe for oil and gas pipelines. Mr. Sack served as President & CEO of Latrobe Specialty Steel Company, a producer of aerospace

U.S. CAD announces today the addition of Aaron Wagner to the company’s Professional Services team. Mr. Wagner brings more than 15 years of building industry experience to his role as a Senior Technical Specialist for U.S. CAD. In his prior roles as BIM Manager and Design Director for SHADE Group and Architects Hawaii Ltd, Mr. Wagner developed work processes for all project production, was responsible for the Revit project setups and debugging, and conducted in-house training programs. Mr. Wagner will be located in U.S. CAD’s Hawaii location and will provide counsel and strategy to regionally-based clients in the building, engineering, and construction industries. “We are thrilled to welcome Aaron to U.S. CAD as he represents a key addition to our Hawaii-based team. His experience is the perfect match to help us meet the evolving needs of our clients,” states Lonnie Cumpton, Senior Director of Professional Services at U.S. CAD. “We are confident that