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Dassault Systèmes today announced that LF Corp, a leading fashion and lifestyle company in Asia, has selected the “My Collection” industry solution experience to streamline the planning, designing and sourcing of its collections.  LF Corp is now supporting its international growth initiatives using powerful collaborative and analytical capabilities in a single digital environment. LF Corp, formerly LG Fashion Corp., is a specialist in men’s and women’s fashion, sports and outdoor wear, and accessories for more than 40 years.  Its 11 proprietary brands include Maestro, Hazzys, Lafuma, and Allegri, in addition to 18 licensed brands such as DAKS, Max Mara, Isabel Marant, Vanessa Bruno, Vince, and Joseph, and 1,500 multi-brand retail outlets in South Korea, China, Japan, Taiwan and Thailand.  As part of its vision to become a global top-ten brand company by 2017, LF Corp sought a collaborative system that would boost its efforts to strengthen design, quality and sourcing, develop global

Dassault Systèmes today announced that Elixir Aircraft, a French aviation startup, has chosen Dassault Systèmes’ 3DEXPERIENCE platform to develop the industry’s first aircraft designed using cloud-based applications.  Elixir Aircraft will rely on Dassault Systèmes’ “Engineered to Fly” industry solution experience for the cloud-based design and engineering of its high-performing two-seater airplane, crafted to appeal to the passenger experience with a unique wing structure, comfort and gains in payload, safety and costs.  The aircraft’s first flight is expected to take place in mid-2016.  “Small companies face administrative and infrastructure challenges that require significant time and costs and can ultimately detract from achieving their primary business goal,” said Arthur Leopold-Leger, CEO, Elixir Aircraft.  “To create our first aircraft, we’ve chosen the Dassault Systèmes ‘Engineered to Fly’ cloud solution, not only because of the company’s legacy in the industry, but because it allows young businesses like ours to benefit from immediate deployment, ease of use, data

Wipro 's first quarter consolidated profit declined 3.7 percent sequentially to Rs 2,187.7 crore on lower other income and higher finance cost. However, quarterly revenue met street expectations. Revenue from IT services grew by 3 percent quarter-on-quarter to Rs 11,577 crore and dollar revenue increased by 1.1 percent to USD 1.79 billion. According to analysts polled by CNBC-TV18, revenue was estimated at Rs 11,331 crore and dollar revenue at USD 1.78 billion for the quarter. Dollar revenue growth in constant currency was 0.2 percent, which was within the company's guidance (0.5 percent degrowth to 1 percent growth over March quarter). On year-on-year basis, the growth was 8.1 percent. Dollar revenue growth was lower than its peers TCS (3.5 percent) and Infosys (4.4 percent) for the quarter. Wipro expects its IT services dollar revenue to be in range of USD 1.82-1.85 billion in July-September quarter of FY16, a growth of 1.5-3.5

Infor, the industry cloud company, today announced strong results for its fiscal 2015. Software license fees and subscriptions revenue increased 12 percent, with SaaS revenue up more than 60 percent in fiscal 2015, compared to the same period last year. SaaS bookings increased more than 300 percent as more than 45 million users now access Infor applications in the cloud in 96 different countries. "The growth Infor is experiencing marks an inflection point for the company, where the heavy investments we've made in cloud software that meets unique industry needs with an elegant user experience are paying dividends," said Charles Phillips, CEO of Infor. "Infor is well-positioned to accelerate growth as more companies eschew the monolithic era of legacy software vendors in favor of flexible, secure cloud applications with the last-mile functionality they need without the costly customization they don't." During fiscal 2015, Infor added approximately 2,900 new customers, including approximately 500

EMC Corp. said second-quarter profit fell 17% and the data-storage company further reduced its full-year outlook as spending slowed in the company's traditional storage business. Shares in EMC, down about 16% this year, fell 3.7% in premarket trading. The Hopkinton, Mass., company now expects to report $1.87 in per-share profit this year, down from its last estimate of $1.91 a share, on $25.2 billion in sales, lower than its earlier estimate of $25.7 billion. Analysts have been expecting $1.90 a share on $25.6 billion in revenue, according to FactSet. Chief Executive Joe Tucci, whose employment contract expired earlier this year, said that "while pleased" with growth of newer products, "we also saw customers become more conservative around refreshing their traditional infrastructures as they plan their IT transformations." Mr. Tucci also noted ongoing geopolitical factors in China and Russia. EMC is best known for large systems that use disk drives to store corporate data, but

Dassault Systèmes today announced IFRS unaudited financial results for the second quarter and six months ended June 30, 2015. These results were reviewed by the Company’s Board of Directors on July 22, 2015.  Summary Highlights Organic, constant currency new licenses revenue growth of 9% in Q2 and 11% in H1 Good SIMULIA, DELMIA, EXALEAD and GEOVIA brands performance Q2 Asia non-IFRS revenue up 20% in constant currencies on strong demand across portfolio Strategic initiatives: Smart Cities, Additive Manufacturing, Multi-physics Simulation Upgrades 2015 Non-IFRS EPS Growth Objective: 18% (was 15-17% previously) To view the original press release, please click here. Search for Dassault on CIMdata.com

Arena Solutions today announced that the number of new enterprise deals closed in Q2 2015 grew 75 percent compared to the same period in 2014. This figure demonstrates the continued strength and growth that Arena is experiencing in the enterprise sector. The need to connect to a wider array of global suppliers, ease of deployment and the desire for solutions that do not require additional hardware and IT resources continue to accelerate the demand for cloud PLM solutions. In addition, as the number of enterprise transactions has grown, so has the demand for Arena's professional services, which were up 110 percent in Q2 2015 over the same period last year. Even so, Arena's PLM solutions still routinely require far fewer services than its legacy PLM competitors. Where Arena typically requires 25 cents of services for every dollar of new license subscription, most other PLM companies usually charge one to three dollars of services for every license

NSK Europe, one of the world’s leading manufacturers of bearings and linear motion technology for all industrial sectors, explains why the company teamed up with TraceParts to publish the CAD models of its parts. ” We were looking for a 3D solution to develop our digital catalog on a European scale. In response to a request from one of our key accounts, we entered into a partnership with TraceParts to produce our component library, available in different market standards and CAD formats via our own website (NSK Europe – www.nskeurope.com) and via the TracePartsOnline.net portal.  TraceParts’ worldwide presence and excellent search engine optimization were key factors in our decision to collaborate on this project. The solutions provided by TraceParts increase our products’ visibility on the market and, above all, provide design offices with simple, efficient design tools.”explains Mickael MIREK, Key Account Manager at NSK. To view the original press release, please click here. Search for Trace Parts on

Tata Sons Group chairman Cyrus P. Mistry on Thursday laid the foundation stone for F.C. Kohli Centre on Intelligent Systems (KCIS). It is being built by Tata Consultancy Services (TCS) with an investment of Rs.20 crore at International Institute of Information Technology, Hyderabad. Named after TCS’s first CEO F.C. Kohli, who is considered as father of India’s information technology industry, the centre will carry out high impact research in natural language processing, robotics and cognitive sciences. Terming it as memorable occasion, Mistry said it was good to see that two leaders in their fields — TCS and IIIT — have taken the initiative and together created a legacy worthy of F.C. Kohli. Hyderabad is a major technology hub and is growing further in importance when it comes to technology talent. I believe this is apt new location for this institution,” Mistry said. “We are establishing another legacy for F.C. Kohli by

Dassault Systèmes today announced the launch of the SOLIDWORKS for Entrepreneurs Program that will give early-stage businesses access to a complete license of the powerful 3D design applications that help millions of engineers and designers succeed through innovation. Powered by Dassault Systèmes’ 3DEXPERIENCE platform, SOLIDWORKS applications deliver an intuitive experience in product design, simulation, publishing, data management and environmental impact assessment that accelerate design and manufacturing processes, while saving production time and costs. By using SOLIDWORKS for their industrial design and manufacturing processes, entrepreneurs and incubators now have access to the most complete 3D solution, enabling them to innovate quickly. They can decrease time to market while collaborating easily with colleagues, vendors and customers due to a worldwide network consisting of millions of users. Early-stage businesses can now leverage the same capabilities to accelerate the concept-to-prototype process that has been used by MakerBot and GRIT. “Today’s Maker Movement is helping quickly convert concepts from independent engineers