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Key takeaways: PTC has invested hundreds of millions of dollars in IoT and this event showcased their progress in supporting real-world use cases The Thing Event highlighted the potential for companies in a range of industries to use big data/analytics powered by IoT and augmented reality to deliver innovative user experiences that bring product and lifecycle knowledge to the point of work where it is needed most Augmented reality allows people to use both physical and digital representations of their products, changing the way they can leverage all the information embedded in designs PTC is introducing several new strategic offerings to support IoT based applications including ThingBuilder to author IoT applications, VuMarks to identify products in the field, and ThingX to facilitate Web access to rich 3D augmented reality CIMdata attended PTC’s Thing Event held on 28 January 2016 in Boston, MA USA (www.ThingEvent.com). The event consisted of a live telecast followed by a question

Key takeaways: Global market leaders in multiple industries are rapidly expanding their strategic use of virtual prototyping and simulation starting early in the product development process to gain a competitive advantage via innovation, quality, and time to profit Product innovation platforms are emerging to meet the needs of next generation systems and product development in Industry 4.0- and the Internet of Things (IoT)-enabled environments ANSYS® is successfully integrating a spectrum of multi-physics analysis solutions across the domains of mechanical, electronics, and software engineering to enable systems-level conceptual design and optimization ANSYS 17.0 enhancements are focused on improving the productivity of global distributed engineering product teams of simulation, analysis, and design engineers Virtual prototyping and simulation tools have increasingly become an indispensable element of the engineering product development process. Simulation technologies in areas such as mechanical (e.g., structural analysis, thermal analysis, thermo-fluid, and computational fluid dynamics), electrical (power characteristics, electromagnetics analysis), and embedded software let engineers

CIMdata Publishes Review of ANSYS 17.0 Product Release ANN ARBOR, Michigan, 9 February 2016—CIMdata, Inc., the leading global PLM strategic consulting and research firm released a new product Commentary for the recent ANSYS 17.0 release. This product review presents CIMdata’s perspectives on the ANSYS product suite as a platform to enable simulation-driven product development and innovation. The latest release of the ANSYS software includes a number of new technology enhancements across all major areas of the product portfolio as well as significant performance enhancements to address the productivity and effectiveness of global engineering teams performing product functional performance simulation across a range of industrial segments and applications. The Commentary touches on major areas of new functionality as well as the ANSYS approach to building an integrated environment for engineers to develop complex cyber-physical systems with ever increasing software and electronics content as industry transitions into the Internet of Things (IoT). The review

 PDF Key takeaways: Global market leaders in multiple industries are rapidly expanding their strategic use of virtual prototyping and simulation starting early in the product development process to gain a competitive advantage via innovation, quality, and time to profit Product innovation platforms are emerging to meet the needs of next generation systems and product development in Industry 4.0- and the Internet of Things (IoT)-enabled environments ANSYS® is successfully integrating a spectrum of multi-physics analysis solutions across the domains of mechanical, electronics, and software engineering to enable systems-level conceptual design and optimization ANSYS 17.0 enhancements are focused on improving the productivity of global distributed engineering product teams of simulation, analysis, and design engineers Virtual prototyping and simulation tools have increasingly become an indispensable element of the engineering product development process. Simulation technologies in areas such as mechanical (e.g., structural analysis, thermal analysis, thermo-fluid, and computational fluid dynamics), electrical (power characteristics, electromagnetics analysis), and embedded software let engineers

 PDF Key takeaways: PTC has invested hundreds of millions of dollars in IoT and this event showcased their progress in supporting real-world use cases The Thing Event highlighted the potential for companies in a range of industries to use big data/analytics powered by IoT and augmented reality to deliver innovative user experiences that bring product and lifecycle knowledge to the point of work where it is needed most Augmented reality allows people to use both physical and digital representations of their products, changing the way they can leverage all the information embedded in designs PTC is introducing several new strategic offerings to support IoT based applications including ThingBuilder to author IoT applications, VuMarks to identify products in the field, and ThingX to facilitate Web access to rich 3D augmented reality CIMdata attended PTC’s Thing Event held on 28 January 2016 in Boston, MA USA (www.ThingEvent.com). The event consisted of a live telecast followed by a question

It was a big step for Advanced Innovative Engineering to invest in their first-ever CNC machine in Spring 2015. And they went straight in with a 5-axis Mazak, driven by the powerful, but simple to use, Edgecam CAD/CAM software. Edgecam made it much easier than they imagined to produce complex, high precision components on a top end machine, just weeks after installing the technology for the first time. Managing Director Nathan Bailey says: “We had no 5-axis machining experience, but felt the rewards would outweigh the risks. And it has considerably enhanced our in-house capabilities.” The Staffordshire company develop wankel rotary engines with a number of their patented technologies built into the cooling and exhaust systems; and their exhaust expander technology improves efficiency. AIE have a worldwide customer base for their unique engines, particularly amongst defence companies and military research organisations. While core markets are aerospace, especially for Unmanned Aerial Vehicles –

Dassault Systèmes  today announced that DCNS has selected the 3DEXPERIENCE platform to pioneer a new era in the design, engineering, construction and lifecycle services of naval defense solutions. DCNS will deploy the 3DEXPERIENCE platform to manage the entire lifecycle of its products, from new generation submarines to frigates, patrol vessels, aircraft carriers and landing platform docks (LPDs). From concept through engineering, to build, maintain and operations services for its customers, DCNS’s transformation will improve operational performance and competitive edge on a global scale. The design and engineering of high-performing naval defense solutions require a seamless integration of complex systems and infrastructure such as nuclear and conventional propulsion systems, radars, missiles and communications materials. End-users in all disciplines must rely on access to accurate, advanced and up-to-date information to make informed decisions. DCNS, whose naval systems are recognized worldwide for their operational, innovative multi-mission capabilities, must manage extreme complexity and high-level integration to provide

Cognizant Technology Solutions Corporation announced its fourth quarter and full year 2015 financial results.   Highlights – Fourth Quarter 2015 Quarterly revenue rose to $3.23 billion, up 17.9% from the year-ago quarter and 1.4% sequentially. Quarterly diluted EPS on a GAAP basis was $0.69, compared to $0.59 in the year-ago quarter. Quarterly diluted EPS on a non-GAAP basis was $0.80, compared to $0.67 in the year-ago quarter. Net headcount addition for the quarter was approximately 2,400 and year-end headcount was approximately 221,700. Revenue for the fourth quarter of 2015 rose to $3.23 billion, up 17.9% from $2.74 billion in the fourth quarter of 2014. GAAP net income was $423.4 million, or $0.69 per diluted share, compared to $362.9 million, or $0.59 per diluted share, in the fourth quarter of 2014. Diluted EPS on a non-GAAP basis was $0.80, compared to $0.67 in the fourth quarter of 2014. GAAP operating margin was 17.1% and non-GAAP operating margin was 19.6% for the fourth quarter of 2015. Reconciliations of non-GAAP financial measures to GAAP operating results and diluted EPS

Cognizant Technology Solutions Corporation announced its fourth quarter and full year 2015 financial results.   Highlights – Fourth Quarter 2015 Quarterly revenue rose to $3.23 billion, up 17.9% from the year-ago quarter and 1.4% sequentially. Quarterly diluted EPS on a GAAP basis was $0.69, compared to $0.59 in the year-ago quarter. Quarterly diluted EPS on a non-GAAP basis was $0.80, compared to $0.67 in the year-ago quarter. Net headcount addition for the quarter was approximately 2,400 and year-end headcount was approximately 221,700. Revenue for the fourth quarter of 2015 rose to $3.23 billion, up 17.9% from $2.74 billion in the fourth quarter of 2014. GAAP net income was $423.4 million, or $0.69 per diluted share, compared to $362.9 million, or $0.59 per diluted share, in the fourth quarter of 2014. Diluted EPS on a non-GAAP basis was $0.80, compared to $0.67 in the fourth quarter of 2014. GAAP operating margin was 17.1% and non-GAAP operating margin was 19.6% for the fourth quarter of 2015. Reconciliations of non-GAAP financial measures to GAAP operating results and diluted EPS

Valencia College received an in-kind software grant from Siemens PLM Software with an estimated commercial value of $63 million. The in-kind grant gives students access to the same technology that companies around the world depend on every day to develop innovative products in a wide variety of industries, including automotive, aerospace, machinery, shipbuilding, high-tech electronics and many more. Graduates with this type of software training are highly-recruited candidates for advanced technology jobs. Valencia College will use the software in training students at its Advanced Manufacturing Training Center, which officially opened on February 2 in Osceola County. At the training center, students can earn certifications in: Computer Numerical Control (CNC) machining; Mechatronics; Assembly, Quality and Inspection; Welding; MSSC Certified Production Technician; and Certified Logistics Technician, among others. Funded by a $2.5 million U.S. Department of Labor grant, Valencia’s Advanced Manufacturing Training Center is partnering with local employers, including Lockheed Martin, Mitsubishi Hitachi Power Systems, Metal