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The service pack 1 release of version 7 of the Kubotek Kosmos MBD File Utilities family of CAD tools provides important updates to the support for reading CAD data from the most popular CAD file formats. The release also enhances support for display of text and objects trimmed with cutting planes. Improved Translators Reading of native 3D CAD files has been extended to Dassault Systèmes CATIA V5 2025, Autodesk Fusion and Inventor 2026 formats, and Siemens Digital Industries Software NX 2412 and Parasolid 37.1. The View program also includes support for reading CATIA V5 2025 and NX 2412 drawings. Improved PMI Usability All four programs (Validate, Revision, View, and Convert) now support text attributes which direct the characters to remain always facing the display plane. This improves readability of notes and dimensions and provides a better match to how the data appears in its originating CAD software. Similarly, in 7.1 saved views or captures

Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses, unveiled powerful new capabilities in Sage Intacct that help high-performing finance teams move faster, gain greater control, and lead with impact.  With new AI-powered automation, embedded payments, and built-in sustainability insights, the latest innovations are designed to simplify operations, accelerate the close, and give finance teams time back to focus on higher value work. Today’s finance leaders are under increasing pressure to deliver speed, efficiency, and strategic value, yet many are still held back by manual processes, fragmented systems, and rising ESG demands. Recent Sage research found that 84% of finance leaders want to close the books faster, and 87% are looking for more advanced AP automation to support their goals.  From intelligent reconciliations and simplified payment to real-time emissions estimates, Sage Intacct is delivering the tools CFOs need to eliminate inefficiencies, boost resilience, and drive sustainable growth. "Finance

The new VOLTA and modeFRONTIER 2025R3 is now available. modeFRONTIER introduces redesigned self-organizing maps (SOM) and principal component analysis (PCA) tool. VOLTA adds dashboard import of simulation post-processing analysis, making it easier to reuse and iterate on visualizations throughout your design process. Release highlights Brand new SOM and PCA post-processing tools in modeFRONTIER The SOM and PCA tools have been completely redesigned to improve usability and efficiency. With the new intuitive interface, you can now train multiple SOM and PCA models in parallel, each with customizable algorithm settings, variables, and scaling options. Extended script parameter tagging We have significantly expanded the scope of the tagging feature in modeFRONTIER. This enhancement includes: Universal script node coverage: automating parameter tagging is now available for all script nodes. Read-only script support: you can now benefit from parameter tagging even in the non-editable scripts referenced from VOLTA or the data store node. Matlab and Octave compatibility: parameter tagging functionality has also been

This CIMdata educational webinar will show how transforming your business value proposition can positively impact your bottom line. ANN ARBOR, Michigan, USA 19 August 2025—CIMdata, Inc., the leading global research, consulting, and education firm specializing in Product Lifecycle Management (PLM) and the Digital Transformation it enables, announces a free educational webinar, “Beyond Features: Transforming Your Go-To-Market Strategy to Sell Business Value.” The webinar will take place on Thursday, 11 September 2025, at 11:00 a.m. (EDT) and last for one hour. The software landscape has changed, with Solution Selling becoming of paramount importance for technology solution providers. Customers are no longer buying product features; they’re demanding solutions and measurable business outcomes. To support this, Go-To-Market (GTM) strategies must be reconfigured to sell the Business Value delivered by the solutions. When appropriately managed, GTM transformations can lead to significant improvements, including: Securing and growing strategic deal sizes by a factor of 5. Multiplying the contribution of partners

The S&A market grew by 8.8% to $10.9 billion in 2024 ANN ARBOR, Michigan, USA 19 August 2025—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the release of the CIMdata Simulation and Analysis (S&A) Market Analysis Report. This report expands on the S&A market analysis conducted as part of the CIMdata 2025 PLM Market Analysis Report Series. The well-known PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market during calendar year 2024. It contains analyses of major trends and issues, revenues of leading PLM providers, and revenue analyses for geographical regions, industry sectors, as well as historical and projected data on market growth. The 2025 S&A MAR is a 94-page report that contains over 50 tables and charts of data, detailing the worldwide S&A market along various dimensions. It also includes an update on CIMdata’s S&A segmentation, a discussion of trends in

Peter Bilello authored another piece in engineering.com to discuss the emerging data landscape and how it works with the product lifecycle. Peter says, “A comprehensive new vision for this is emerging: the Data Landscape, a graphical ecosystem built with or extracted from all of the enterprise’s databases with state-of-the-art data mapping tools and solutions.” Read the full article here: https://www.engineering.com/data-landscapes-and-the-product-lifecycle/ To view the original press release, please click here.

As a leading provider of standard software for digital transformation, CONTACT Software has acquired a majority stake in neusta mobile solutions GmbH. The former owner, team neusta SE, is transferring all its company shares as part of its strategic realignment.  The takeover is a win-win for all sides: As a leading software provider for digital transformation, CONTACT Software strengthens its strategic innovation capabilities and systematically expands its mobile application offerings with this investment. This allows the company to consistently pursue its successful growth strategy. “neusta mobile solutions ideally complements our portfolio – especially given the increasing relevance of mobile processes in PLM and IoT scenarios,” says Maximilian Zachries, COO of CONTACT. “We are convinced that this partnership is a win-win for both sides – technologically, from a business perspective, and culturally.” With this investment, CONTACT expands its ecosystem to include a company with excellent mobile development expertise, creating new opportunities for collaborative

IFS, the leading provider of Industrial AI software, today announced the acquisition of 7bridges, an AI-powered supply chain management solution provider. The move strengthens IFS’s position as the Industrial AI leader by expanding its capabilities in logistics and transportation optimization. 7bridges streamlines supply chains using advanced AI simulation and analytics to automate and optimize logistics networks. It has been purpose-built for industrial use cases, combining rapid, low-cost data capture, a high-quality semantic data layer, and powerful AI to solve complex supply chain optimization challenges. IFS sees a significant opportunity to scale 7bridges capabilities into the asset and service-centric industries it serves, with strong demand coming from manufacturing and aerospace & defense sectors. In addition, the expertise and innovation inherent in the 7bridges team and technology will enable IFS to accelerate the development of next generation AI enabled supply chain solutions within IFS Cloud, whilst also strengthening IFS’s simulation and optimization capabilities across multi-sector

Open Text Corporation ("OpenText" or the "Company") announced the appointment of James McGourlay, currently Executive Vice President, International Sales at OpenText, as Interim Chief Executive Officer, effective immediately. Mr. McGourlay has been with the Company for more than 25 years and has held senior roles in sales, customer operations, IT, technical support, product support and special projects.  The OpenText Board of Directors (the "Board") informed Mark J. Barrenechea of this transition from his role as CEO, Chief Technology Officer, and Vice Chairman of the Board, effective immediately. To support the executive leadership team during the transition period, the Company announced the appointment of P. Thomas Jenkins as Executive Chair and Chief Strategy Officer, and the establishment of an Executive Committee. Members of the Executive Committee include Mr. Jenkins as Chair, Mr. McGourlay, Interim CEO, Paul Duggan, President & Chief Customer Officer, Todd Cione, President, Worldwide Sales, Cosmin Balota, Interim CFO & Chief Accounting Officer and Michael Acedo, Executive Vice President,

PTC announced that it has appointed Jon Stevenson as Executive Vice President, Chief Product Officer. Stevenson will be responsible for the strategy, development, and delivery of PTC’s Digital Thread product portfolio. Stevenson brings more than three decades of experience in product development, engineering leadership, and technology innovation across CAD, PLM, AI, and SaaS. He previously held executive roles at Stratasys and GrabCAD and has more recently served as a board member, advisor, and investor to a variety of product development, SaaS, and AI-focused companies, including AllSpice, SimScale, Duro, nToplogy, and Vention. He previously served as a Vice President in PTC’s R&D Group and as the Executive Vice President of the company’s CAD business. “Jon is an accomplished leader in our industry, and we’re thrilled to appoint him as Chief Product Officer,” said Neil Barua, President and CEO, PTC. “Jon’s technical and engineering expertise, proven leadership, and fresh perspective will help us accelerate priorities