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Q1 revenue growth at 7.1% YoY in USD terms; Q1 EPS at $ 0.84; YoY growth of 15.1%; FY 15 revenues expected to grow 7%-9% in USD terms Financial Highlights Consolidated results under International Financial Reporting Standards (IFRS) for the quarter ended June 30, 2014 Quarter ended June 30, 2014 Revenues were $ 2,133 million for the quarter ended June 30, 2014 QoQ growth was 2.0% YoY growth was 7.1% Net profit was $ 482 million for the quarter ended June 30, 2014 QoQ growth was (1.0%) YoY growth was 15.3% Earnings per share (EPS) was $ 0.84 for the quarter ended June 30, 2014 QoQ growth was (1.2%) YoY growth was 15.1% Liquid assets including cash and cash equivalents, available-for-sale financial assets, certificates of deposits and government bonds were $ 4,943 million as on June 30, 2014 as compared to $ 5,048 million as on March 31, 2014 Other Highlights Infosys and its subsidiaries Added 61 clients during the quarter Added 11,506 employees (gross) during the quarter 161,284 employees as on June 30, 2014 for Infosys and its subsidiaries "We continue to enjoy the confidence of our clients by demonstrating superior

Gibbs and Associates announced today that they will introduce GibbsCAM UKM (Universal Kinematic Machine), the brand-new engine behind the upcoming release of GibbsCAM 2015, at IMTS 2014, September 8–13, 2014, at McCormick Place, Chicago, in Booth # E-3310. GibbsCAM UKM is a complete reengineering of the CAM engine and how it relates to machine definitions and machine tools, blurring the line between the definition of mills and lathes. Bill Gibbs, CEO and President of Gibbs and Associates explains: “CAM systems were designed based on the way mills and lathes were originally created to move. Mill-turns and multi-task machines (MTM) started merging the two. GibbsCAM UKM was created from the ground up with no limitations. It can handle any number of axes in any direction, with multiple tools cutting simultaneously. With GibbsCAM UKM, users can program and accurately simulate virtually any machine today and even machines that haven’t been invented yet.” A complete

Delcam will launch the 2015 version of its PowerSHAPE Pro CAD for CAM system for modelling for manufacture and reverse engineering at IMTS 2014 in Chicago from 8th to 13th September on booth E3222, the largest CAM software booth at the show.  The new release will include improvements in direct modelling, surface modelling and reverse engineering, plus support for data from Creaform HandySCAN hand-held scanners. For more information on PowerSHAPE Pro, please go to www.powershape.com By offering a combination of solid, surface and direct modelling, together with reverse engineering functionality, PowerSHAPE Pro provides the most comprehensive range of design techniques available in a single CAD program.  Having all the different technologies in the same package reduces the need to transfer data between multiple programs and so streamlines the whole product development process.  At the same time, the combination of quick and easy direct modelling options, together with powerful and flexible surface modelling, makes

At CAMX, October 13-16, 2014, CGTech will be demonstrating the process of programming automated composite machinery. Visitors to CGTech’s booth, #3656, will have the opportunity to receive a thorough overview of the steps needed to get from a CAD designed composite part to CNC programs that drive an Automated Fiber Placement (AFP) or Automated Tape Laying (ATL) machine. “Manufacturers of AFP and ATL machinery typically supply in-house developed off-line NC programming software with their machine, forcing companies to inconveniently adopt multiple software applications for multiple brands of machines,” said CGTech Product Marketing Manager Bill Hasenjaeger. “But to survive in this industry, a company must be able select the best solutions for the job, without the cost and risk associated with being locked to a single machine supplier.” Throughout the show, CGTech will be demonstrating VERICUT Composite Applications: VERICUT Composite Paths for Engineering (VCPe), VERICUT Composite Programming (VCP), & VERICUT Composite Simulation (VCS). VCPe gives

Making their debut, Vero Software were placed 28th in the fifth annual Sunday Times HSBC International Track 200 league table. Published at the weekend, the report names Vero Software as the South West region’s highest-ranked company.  A string of acquisitions helped overseas sales climb 80 per cent per annum to £58.5million in 2013. Ian Stuart, head of HSBC UK commercial banking, said: “The Sunday Times International Track 200 continues to provide an interesting insight into the important contribution that privately-owned mid-market companies make to the UK economy, and this year's league table symbolises the dynamism and innovation this group of companies with international ambitions are famed for.” Richard Youhill, general manager at Vero Software, said: “It is great to be recognised in the Sunday Times for the achievements we have had expanding our business overseas. This also comes on the heels of our second Queen’s Awards for Enterprise for international trade.  We

ANSYS, Inc. today announced that Robert Kocis, a 16 year veteran of PTC Inc. has been appointed Vice President, Worldwide Sales & Support, effective immediately. Kocis will be responsible for providing leadership for the overall strategy and management of the activities of our global sales and support organization, and will be reporting directly to Jim Cashman, President and CEO. Kocis succeeds Joseph Fairbanks who, as previously announced, decided to resign from the Company to pursue and achieve other career opportunities and personal goals. "Bob brings extensive experience and insights to ANSYS in his new role as the Vice President of Worldwide Sales & Support. With a career that has spanned sixteen years of progressive sales leadership, Bob will bring new perspectives and expertise that will add to the vast amount of talent within the ANSYS global team. We are excited that Bob has joined us to continue to drive our long-term

U.S. CAD, an Autodesk Gold Partner, announces today that it has acquired Sterling Systems, an Arizona-based Autodesk Reseller. The acquisition aligns with U.S. CAD’s and Sterling Systems’ shared mission to introduce and educate a growing market about CAD and BIM technology solutions. “We are very excited to join U.S. CAD and leverage the company’s expertise to help our customers grow their business and expand their technology investments,” says Bruce White, former President of Sterling Systems. “Customers should be assured that they will continue to have access to the same great offerings and excellent service that they have come to expect.” Among some of the other changes following the acquisition include a relocation of the existing Sterling Systems team to a new U.S. CAD Arizona office that will support a training facility. The training facility is expected to offer monthly classes for products such as AutoCAD, Revit Architecture, Civil 3D, and Navisworks. “For the

While my time in the PLM space is short compared to some of my colleagues (only 14 years), I have been involved with software, one way or another, througout my career. So expanding our PLM coverage to include providers of software development tools is no hardship. Our focus is on development of embedded software, the software that animates products designed, manufactured, and deployed using PLM. In that vein, I recently had a call with Seapine Software (www.seapine.com), a long-time provider of application lifecycle management solutions. While they are not a huge company, with over 100 employees and over 8,500 customers, they do have offices in Cincinnati (HQ), London, Munich, and South Africa (which handles Asia-Pacific), and their business is mostly split between North America and Europe, with some in AP. Their solutions began on-premise, and they launched a cloud option earlier this year.  In their 20 year history they have had some

SolidPartners announces immediate early adopter availability of 4G:PLM.  4G:PLM is a Simple, Powerful, and Affordable Product Lifecycle Management (PLM) solution specifically developed for small to medium-sized (SMB) manufacturing companies who need tools to manage their Product Structure (BOM), Approved Manufactures Lists (AML) and change process (ECO/ECN) 4G:PLM provides advanced PLM capabilities while decreasing software, implementation, training and on-going maintenance costs typical with existing PLM solutions. 4G:PLM is a natural fit for small and medium sized companies struggling to  justify the high up-front software, implementation and training costs associated with existing PLM products.  It enables companies to realize the benefits of PLM at a fraction of the cost of existing tools.   The reduction in software, implementation and training costs will have an immediate positive impact on the ROI from implementing PLM.  4G:PLM is already in use at customer sites in the US and is now available for broad evaluation and implementation by early adopters.  Dave Snyder,

Bentley Systems, Incorporated, announced the availability of its new SewerGEMS, SewerCAD, CivilStorm, and StormCAD V8i (SELECTseries 4) products for the analysis and design of wastewater and stormwater systems. The new releases provide advanced hydraulic and operational capabilities for an increased depth of information modeling that empowers users to evaluate and compare a wider range of network considerations. Through the optioneering this facilitates, users are able to assess trade-offs across disciplines and systems in terms of cost, time, and efficiency. This allows them to make better-informed decisions that result in better system performance. The SELECTseries 4 releases also help streamline the information modeling process – saving time and money. Gregg Herrin, Bentley director, product management, explained, “With the SELECTseries 4 releases of our SewerGEMS, SewerCAD, CivilStorm, and StormCAD V8i products, users are able to evaluate every aspect of existing systems and compare possible new designs. Simulations can predict everything from flooding to hydrogen sulfide formation, and then assess the effect of alternative designs to