Saturday, April 23, 2016

AVEVA Engage Transforms Collaborative Decision-Making with Microsoft Tech

CAMBRIDGE, UK, Apr 23, 2016 - AVEVA announced that AVEVA Engage is supported on Microsoft Surface Hub. This move brings AVEVA’s revolutionary new decision support platform for Capital Projects and Operating Assets onto the powerful team collaboration device from Microsoft that is designed to advance the way people work together naturally.

Be it a capital project, or the minute by minute operation of a complex asset, engineers and operators are faced with important decisions throughout the life cycle. Access to accurate, relevant information is essential. In the project phase, this access minimizes the risks of budget or schedule overrun and in operations, it minimizes risks to safety and production.

AVEVA Engage addresses these issues by blending ultra high-definition 3D visualization with instant information access from multiple document and data sources. It transforms the decision-making process and utilizes the collaboration capabilities of Windows 10 and Office 365 to extend reach across disciplines. AVEVA Engage showcases the possibilities of Surface Hub in the capital project environment by giving the ultimate interactive large screen experience, helping discipline engineers collaboratively solve some of the largest engineering challenges in the industry.

'We worked closely with leading names in the industry to create AVEVA Engage’, said Dave Wheeldon, CTO, AVEVA. 'AVEVA Engage reflects the company’s commitment to extending the ways in which customers can access and interact with their Digital Assets. Capable of running on the largest format 84-inch Surface Hub, AVEVA Engage enables the 3D model to be interrogated quickly, simply and intuitively through traditional touchscreen gestures, and recall relevant and trusted asset information with the touch of a screen. Operating on Microsoft Windows 10, AVEVA Engage applies new techniques to maximize visual understanding which allow our customers to substantially improve collaborative decision-making in areas such as design reviews, construction planning and integrated operations.

‘AVEVA’s Digital Asset approach ensures there is always an accurate digital representation of each physical asset allowing engineering contractors, Owner Operators and shipbuilders to work more safely, more efficiently and with less risk throughout the life cycle of their projects and operations.’

Brett Shoemaker, Director, Go-To-Market Services at Microsoft Corp, says, “We’re thrilled to see our partners delivering digital tools that facilitate brainstorming and problem-solving. Customers will benefit from AVEVA Engage on Surface Hub bringing the right people together effectively.”

For more information, visit http://www.aveva.com.

Thursday, April 21, 2016

Cummins to Get 2016 Zuken Innovation Award

WESTFORD, MA, USA, Apr 21, 2016 - Cummins, a global leader in the power sector, has been selected as Zuken’s 2016 Zuken Innovation Award recipient. Zuken will make the award presentation at their Zuken Innovation World conference being held on April 18-20 at Coronado Island Marriott Resort & Spa, San Diego, California.

Zuken’s Innovation Award honours companies that demonstrate exceptional innovation in new product development, design methodology and the application of Zuken products. This is an annual award presented at Zuken Innovation World conference.

Kent McLeroth, CEO, Zuken USA, said: “Zuken Innovation World provides us with a wonderful platform to recognize innovation leadership in the Americas. Cummins has demonstrated exceptional innovation on a number of fronts. One in particular is the adoption and deployment of modular design methodology. It is our pleasure to recognize Cummins with this award.”

Zuken proved to be a trusted partner as we defined and deployed this new design methodology based on modular design.Bill Meyer, Director, Electronics Hardware, Cummins

“We would like to thank Zuken for this special recognition,” said Bill Meyer, Director, Electronics Hardware, Cummins. “Zuken proved to be a trusted partner as we defined and deployed this new design methodology based on modular design. Cummins strives for innovation excellence and this award reaffirms our efforts.”

Cummins Inc. designs, manufactures, distributes and services diesel and natural gas engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. As Cummins focuses on future technologies, the company has enhanced its capabilities related to power electronics, controls and system integration as well as connected systems.

Zuken’s annual user and technology conferences look at innovation and the open exchange of today’s latest trends and challenges. This three-day event offers a series of user, partner and technical expert-hosted classes covering a broad range of topics, as well as formal learning and networking opportunities. For more information, visit www.zuken.com/ziw-us.

About Cummins

Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service diesel and natural gas engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, (USA) Cummins currently employs approximately 55,000 people worldwide and serves customers in approximately 190 countries and territories through a network of approximately 600 company-owned and independent distributor locations and approximately 7,200 dealer locations. Cummins earned $1.4 billion on sales of $19.1 billion in 2015. For more information, visit http://www.cummins.com.

Vectorworks Appoints Dr. Biplab Sarkar as CEO

COLUMBIA, MD, USA, Apr 21, 2016 - Global design and BIM software developer Vectorworks, Inc. announces Dr. Biplab Sarkar’s appointment to chief executive officer (CEO). Additionally, Darick DeHart and Steve Johnson have accepted positions as Vice President of Product Management and Vice President of Product Development, respectively, and will work closely with Sarkar to pursue future technology advancements for the Vectorworks software lines.

Prior to his new appointment, Sarkar served as Vectorworks’ Chief Technology Officer for eight years and as geometry manager before that. He also held various software engineering and R&D roles with ICEM Systems, Intergraph and Parametric Technology Corporation. Sarkar earned a Ph.D. in CAD and an M.S. in mechanical engineering at The Ohio State University, and a B.Tech. in mechanical engineering from the Indian Institute of Technology, Khargpur.

Sarkar succeeds Sean Flaherty as CEO following a four-month selection process.

“Through numerous customer visits and with a steady eye on industry trends, Biplab has a clear vision of where we need to go as a company,” Flaherty said. “He’s a passionate leader who has built a large, multi-lingual and multi-location research and development team, complementing our overall doubling of staff in the past three years. This proven leadership, coupled with an unending commitment to innovation, design and technology, makes him the perfect choice to continue shaping the organization in a way that anticipates designers’ needs all around the world.”

Sarkar’s new role as CEO is a natural progression from his earlier position, where he continually sought out innovative technology and evaluated the competitive landscape to ensure that Vectorworks remained a best-in-class CAD and BIM solution for designers in the architecture, landscape and entertainment industries. Over the years, Sarkar was instrumental in the adoption of the Parasolid® modeling kernel for Vectorworks software, helping to advance its BIM capabilities by improving architectural modeling tools and support for interoperability, and overseeing the evolution of Renderworks into a premier rendering application, now built on the powerful CINEMA 4D render engine.

“I’m proud of the role that I played during this important chapter in Vectorworks’ history, and I look forward to driving a strategy that will ensure powerful technological advancements and our continued evolution as a company that’s passionate about design,” Sarkar said. “I’m deeply honored by this appointment and thank Sean for his many accomplishments and contributions that will enable our sustainable growth.”

In conjunction with the appointment of new positions at Vectorworks, the Nemetschek Group Supervisory Board has appointed Sean Flaherty to the full-time position of chief strategy officer. 

About Vectorworks, Inc. 

Vectorworks, Inc. is a global design software developer serving the architecture, landscape and entertainment industries. Since 1985, we have been committed to helping designers capture inspiration, nurture innovation, communicate effectively and bring their visions to life. We’ve developed the best CAD and BIM software for Mac and Windows that puts BIM at the heart of the design process, enabling the flexibility needed for efficient iteration throughout the design life-cycle. Head-quartered in Columbia, Maryland, USA, Vectorworks, Inc. is a part of the Nemetschek Group. Learn more about how we empower more than half a million designers to create experiences that transform the world at www.vectorworks.net.

Vectorworks 2016 Localized for China, Japan

COLUMBIA, MD, USA, Apr 21, 2016 - Global design and BIM software developer Vectorworks, Inc. announces the release of the Chinese and Japanese versions of its Vectorworks 2016 software line. Part of a worldwide rollout, these latest two versions join additional language releases over the past few months in English, Dutch, French, German, Polish, Italian, Norwegian, Spanish and Portuguese. The Vectorworks line of award-winning software products include Vectorworks Designer, Architect, Landmark, Spotlight and Fundamentals, as well as ESP Vision and Renderworks software.

A&A Co., Ltd., the distributor of Vectorworks software in Japan, released a Japanese-language version of the Vectorworks 2016 product line in January, complemented with launch events in five cities: Tokyo, Osaka, Fukuoka, Sendai and Sapporo. Vectorworks executives Sean Flaherty and Dr. Biplab Sarkar joined the events in Tokyo and Osaka to help spread the news of Vectorworks 2016 to the Japanese audience.

President of A&A Co., Ltd. Eiichi Kawase said, “With this new version, Vectorworks can adapt to new design methods, providing an effortless, interoperable and open environment. Once again, the release includes the implementation of many user-requested features.”

With more than 70 updates as a direct result of customer feedback, the Vectorworks 2016 release furthers Vectorworks’ mission to remain a customer-centric company, a mindset that will continue to be at the heart of inspirations for future releases.

To support the Chinese-language release, Vectorworks’ distributor in China, Mad Macs Technology Distributions Limited, will host launch events in Shanghai (April 8, 2016), Beijing (April 12, 2016), Tianjin (April 13, 2016), Nanjing (April 15, 2016), Suzhou (May 8, 2016), Hangzhou (May 11, 2016), Wuhan (May 13, 2016), Chongqing (May 15, 2016), Guangzhou (May 17, 2016) and Shenzhen (May 19, 2016).

Attendees of launch events in China will have the opportunity to win giveaways, including t-shirts, jackets, pens and more. In addition, grand prize winners attending events at Shanghai, Beijing and Guangzhou will receive Vectorworks Fundamentals 2016 software licenses.

“The Japanese and Chinese markets have been great supporters of our software for many years, and we’re excited to have finalized the delivery of Vectorworks 2016 in Japanese and Chinese with the help of our partners,” said Stewart Rom, Vectorworks’ Chief Marketing Officer. “As a global company, we pride ourselves on offering our software in 11 different languages, and in our ability to provide the designers of today and tomorrow from across the world with tools they can use to transform the world.”

To sign up for any of the Chinese launch events, visit: http://www.vectorworks.cn/cn/vw2016-chi-launch-reg/.

Purchase Vectorworks 2016 around the world by reaching out to local distributors found at www.vectorworks.net/international.

About Vectorworks, Inc. 

Vectorworks, Inc. is a global design software developer serving the architecture, landscape and entertainment industries. Since 1985, we have been committed to helping designers capture inspiration, nurture innovation, communicate effectively and bring their visions to life. We’ve developed the best CAD and BIM software for Mac and Windows that puts BIM at the heart of the design process, enabling the flexibility needed for efficient iteration throughout the design life-cycle. Headquartered in Columbia, Maryland, Vectorworks, Inc. is a part of The Nemetschek Group. Learn more about how we empower more than half a million designers to create experiences that transform the world at www.vectorworks.net.

Wednesday, April 20, 2016

Taiwan's RW Group Selects ZW3D

GUANGZHOU, China, Apr 20, 2016 - ZW3D, one of the world's leading suppliers of advanced CAD/CAM solutions for the manufacturing industry, announced that it has been chosen by Right Way Industrial Co., LTD. (RW Group), a professional for reaching higher productivity, lower cost and shortening the lead time.


RW Group, founded in 1964, is a listed company based in Taiwan. It specializes in the manufacture and sale of pistons and forging products for automobiles, locomotives, engine equipment and aviation industries. As a 80% export-oriented company, RW Group also engages in the OEM & ODM for automobiles, motorcycles, outboard engines and industrial engines.

The Need

Even though RW Group has a strong position in its markets, it constantly refines production technologies and introduces up-to-date computer-based management, in a bid to maintain a high level of quality, improve R&D efficiency and expand product offerings to break into new markets.

The Solution

After thorough evaluation, RW Group purchased ZW3D CAD/CAM. With diversified product design functionalities, ZW3D assists RW Group to maximize the flexibility in modelling. “ZW3D is a suite of applications you can use to design products the way you want – not the way your CAD tool requires,” said Wang-Chin Lee, Manager of R&D Department of RW Group.

It is applied to design various products, like the automobile connecting rods, the steering linkage products, hubs, front wheels and aluminium components for all kinds of engines. “The solid-surface hybrid modelling capability of ZW3D is needed for the smoothly contoured designs in all the aluminium components of engines,” added Lee. “Its ribbon interface and other features make day-to-day use faster than Autodesk Inventor. Our engineering department is completing 10% faster after adopting ZW3D.”


Packed with a powerful file translator, ZW3D provides the team with the ability to import data from multiple vendors with competitive pricing. “Importing data into ZW3D is 5 minutes faster per project compared to Autodesk Inventor. Besides, with ZW3D, you can create, view, and share designs downstream using 2D CAD, 3D CAD, surface and solid modelling capabilities,” commented Lee.

About RW Group

Established in 1964 and listed on TSEC on 11 August, 1980, Right Way Industrial Co., LTD. prospers with energetic and vital spirit on the stage of automobiles, motorcycle-related parts and engine parts manufacturing. The Company distributes its products within domestic market and the rest of Asian countries. It also has a technology joint venture with ITRI (Industrial Technology Research Institute), which also partners with international companies in Japan, USA and Germany. For more information, visit http://www.rightway.com.tw.

About ZW3D CAD/CAM

ZW3D is cost-effective CAD/CAM software for 3D modelling, mold design, and machining, which takes engineers from concept to finished product in one easy-to-use, single collaborative environment. For more information, visit http://www.zwsoft.com/ZW3D/ or follow ZWSOFT on facebook.

Tuesday, April 12, 2016

MSC, Ingeciber SA Release CivilFEM 2016 with Marc

MADRID, Spain, Apr 12, 2016 - MSC Software Corporation and Ingeciber S.A., a specialized civil engineering CAE company with more than 30 years of experience in civil engineering announced the new release of CivilFEM 2016, powered by Marc.

CivilFEM 2016 is a unique simulation solution that provides sophisticated system-level structural simulations of large singular buildings, bridges, tunnels, nuclear power plants, and other structures. "Nonlinear analyses are becoming more frequent in civil engineering and CivilFEM 2016 provides the structural engineer with the ability to solve more nonlinear complex analyses in a simple and comprehensible way," said Miguel Angel Moreno, CEO of Ingeciber.

The new release uses a completely revamped graphics engine, the performance has been improved greatly, and new interface features have been added: new selection filters, separated and selectable geometry and structural element views, grid improvements, drag and drop selection boxes, improved visualization of loads and masses, to name a few.

A powerful grouping system has been implemented allowing the creation of entity groups that grants the organization of the model in higher level entities for fast selection and group operation.

Several new pre-processing capabilities have been included such as the ability to reverse mesh element orientation, direct node interaction allowing the engineer to apply loads and masses on nodes, new cable, springs and connection modeling, among others.

The meshing process has been optimized providing a 50% speed improvement, giving a more fluid interaction with the model.

Several advanced features have been added, such as the Cam-Clay soil model, new Python commands for node interaction and post processing, and a segment to segment contact algorithm. The combination of these features is unique to CivilFEM, making it the state-of-the-art solution for Civil Engineering. For more information, click here (pdf).

CivilFEM 2016, powered by MSC Software's Marc nonlinear FEA solution, is available exclusively from Ingeciber and its distributors worldwide. For more details about the new release, please visit click here.

About Ingeciber S.A.

Ingeciber is a CAE specialized company developer of CivilFEM and supplier of simulation software from international global leaders and related services like technical training, support and consulting. As a pioneer CAE company Ingeciber technologies are used by a wide range of worldwide companies, academic and professionals. For more information visit, www.civilfem.com and www.ingeciber.com.

About MSC Software

MSC Software is one of the ten original software companies and a global leader in helping product manufacturers to advance their engineering methods with simulation software and services. As a trusted partner, MSC Software helps companies improve quality, save time, and reduce costs associated with design and test of manufactured products. Academic institutions, researchers, and students employ MSC's technology to expand individual knowledge as well as expand the horizon of simulation. MSC Software employs 1,100 professionals in 20 countries. For more information about MSC Software's products and services, visit www.mscsoftware.com.

See Also

Jun 25 - MSC, Ingeciber SA Release CivilFEM 2015 with Marc

Sunday, April 3, 2016

3D Systems Releases Geomagic Freeform 2016

ROCK HILL, SC, USA, Apr 3, 2016 - 3D Systems (NYSE:DDD) announced the release of its Geomagic Freeform 2016 software products, including Geomagic Freeform, Geomagic Freeform Plus and Geomagic Sculpt. These updated software products offer professionals an organic engineering solution for precise, sculpted 3D design that bypasses the restrictions of geometric CAD platforms and enables the quick transition from design to production.


New StructureFX tools in Geomagic Freeform 2016 software products deliver the ultimate in rapid creation of lightweight, complex structures, lattices, cages and more for 3D printed designs (credit for scan: Artec 3D) 

The new Geomagic Freeform 2016 products allow engineers, designers, artists, model makers and sculptors to solve complex design and manufacturing challenges with the industry’s most comprehensive organic 3D engineering tools. These professional-grade products allow users to manipulate virtual clay models into any detail or form with an advanced set of tools to support 3D printing. Geomagic Freeform Plus extends these toolsets with advanced manufacturing design capabilities, including automatic conversion of digital clay and polygons to NURBS surfaces, mold and die design, shelling, draft analysis, parting line and surface creation tools for complex organic shapes.

New features and functions of the 2016 Freeform products include:
  • Improved 3D CAD and direct scan data input. 3D data can be scanned directly into Geomagic Freeform products using the Geomagic Capture scanner for a seamless scan-to-design workflow. Imported CAD data can serve as the basis for organic designs as well as be subjected to a complete Boolean toolset, ideal for subtracting mechanical parts from the finished product design.
  • New StructureFX toolset for lattice structures, delivering the ability to create custom, internal and external lattice structures for intricate and lightweight designs. Advanced cage creation tools assist the design of structures for functional applications such as custom medical implants. StructureFX tools work alongside Freeform’s advanced 3D print analysis tools to successfully 3D print advanced designs.
  • Improved 3D print analysis and printability tools to streamline the design to manufacturing workflow. Freeform 2016 products include enhanced feature size analysis and print alignment tools to enable quality and repeatability in 3D printing. Integration with 3DSPRINT enables direct support of 3D Systems’ suite of 3D printers, including print monitoring and queue management. Geomagic Freeform 2016 solutions also offer simple tools to repair faulty and low-grade 3D data for 3D printing, traditional manufacturing or a wide range of file format exports.
  • New Wrap for Freeform Plus, enabling an enhanced workflow of improved CAD surface output for use downstream. Existing Geomagic Freeform Plus customers on current maintenance now also have access to a version of Geomagic Wrap at no charge.
Geomagic Freeform products work exclusively with 3D Systems Touch haptic devices to deliver the physical sensation of sculpting in a virtual environment. This intuitive mode of interacting within the digital space reduces learning curves, speeds the design process and helps deliver high quality 3D data.

“Geomagic Freeform shifts your horizons regardless of whether you are an artist, industrial designer or engineer,” said Scotty Ziegler, international artist, designer and user of Geomagic Freeform Plus. “Digital design becomes tangible with these tools, allowing you to achieve that perfect design and immediately bring it to life via 3D printing or traditional manufacturing processes.”

“3D Systems Geomagic Freeform products deliver an advanced design environment that enables designers and engineers to create incredible products,” said Calvin Hur, Vice President, Co-Chief Operating Officer and Chief Revenue Officer, 3D Systems Software. “The 2016 release of these Geomagic Freeform products represents 3D Systems’ commitment to delivering the very best tools for design, engineering and manufacturing.”

For more information about Geomagic Freeform 2016 products and to get free trial software click here.

About 3D Systems

3D Systems provides comprehensive 3D products and services, including 3D printers, print materials, on demand manufacturing services and digital design tools. Its ecosystem supports advanced applications from the product design shop to the factory floor to the operating room. 3D Systems’ precision healthcare capabilities include simulation, Virtual Surgical Planning, and printing of medical and dental devices as well as patient-specific surgical instruments. As the originator of 3D printing and a shaper of future 3D solutions, 3D Systems has spent its 30 year history enabling professionals and companies to optimize their designs, transform their workflows, bring innovative products to market and drive new business models. For more information, visit www.3dsystems.com.

Dassault to Acquire Full Ownership of 3DPLM from Geometric

VELIZY-VILLACOUBLAY, France, Apr 3, 2016 - Dassault Systems (Euronext Paris: #13065, DSY.PA), the 3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, and Geometric Ltd., (BSE: 532312, NSE: GEOMETRIC), a leader in Product Lifecycle Management (PLM), Global Engineering Services, and Offshore Software Product Development (OSPD) solutions and technologies, announced that they have reached an agreement whereby Dassault Systems will acquire full ownership of 3DPLM Software Ltd. (3DPLM), its joint venture in India with Geometric Ltd. 

3DPLM, formed in 2002, comprises a talented team of 2,000 employees in India working on research and development and services related to Dassault Systems’ 3DEXPERIENCE platform and brand applications. Becoming a fully integrated part of Dassault Systems’ global R&D will enhance the contribution and value-add of 3DPLM to Dassault Systems development projects, while offering even greater career development opportunities for its personnel. 

“It has truly been an exciting relationship, which began in 2002,” said Manu M. Parpia, Managing Director and CEO, Geometric Ltd. “Over the years, Geometric Ltd. has delivered significant value to Dassault Systems while, at the same time, its shareholders benefitted from a steady growth in earnings from this unique relationship. I take this opportunity to thank Dassault Systems for the partnership and wish 3DPLM employees a very bright future within Dassault Systems.”

“Throughout our 14-year partnership with Geometric, we have together developed competitive R&D at 3DPLM with dedicated and passionate people, which have become important assets for our global R&D. We thank Geometric management for their sustained support,” said Dominique Florack, Senior Executive Vice President, Research & Development, Dassault Systems. “The full integration of 3DPLM into Dassault Systems is the result of this continuous investment and very successful partnership and also marks the next phase in the contribution of 3DPLM in our global R&D and strategic 3DEXPERIENCE platform journey. I am very pleased to welcome these world-class R&D teams and management leaders to Dassault Systems.”

The transaction is part of a composite scheme whereby Geometric’s business is being transferred to HCL Technologies Ltd, while simultaneously merging Geometric Ltd. into 3DPLM thereby giving 100 percent ownership of 3DPLM to Dassault Systems. The transaction is being undertaken through a court-approved scheme which is subject to shareholder, High Court and other statutory approvals. In exchange for the ownership in 3DPLM, shareholders of Geometric Ltd. will receive one (1) listed redeemable preference share of Rs. 68 in 3DPLM against every one (1) share of Geometric Ltd., with a 7 percent pa preferential dividend. Closing is expected to take place during the fourth quarter of 2016. 3DPLM being already consolidated in Dassault Systems financial statements, the closing of this transaction will be neutral on its revenue and expenses.

About Dassault Systems

Dassault Systems, the 3DEXPERIENCE Company, provides business and people with virtual universes to imagine sustainable innovations. Its world-leading solutions transform the way products are designed, produced, and supported. Dassault Systems’ collaborative solutions foster social innovation, expanding possibilities for the virtual world to improve the real world. The group brings value to over 210, 000 customers of all sizes, in all industries, in more than 140 countries. For more information, visit www.3ds.com.

HCL to Acquire Geometric, Except 3DPLM Software

NOIDA, India, Apr 3, 2016 - HCL Technologies Limited (HCL), a leading global IT services provider, announced an agreement to acquire (through demerger) all of the business of Geometric Limited, except for the 58% stake that Geometric owns in the joint venture – 3DPLM Software Solutions Ltd., with Dassault Systems. In consideration of this acquisition, HCL will issue 10 equity shares of Rs. 2 each to Geometric shareholders for every 43 equity shares of Geometric of Rs. 2 each held by them. In total, HCL will issue 15,640,546 equity shares of Rs. 2 each. Geometric is one of India’s leading PLM consulting, mechanical engineering and manufacturing engineering services providers.

HCL’s global engineering services business, with a revenue of around $1.2 billion in calendar 2015, is a leader in this space, and has an industry leading position in hardware & software engineering, product development & testing, embedded, digital and mechanical engineering. The acquisition strengthens HCL’s presence significantly in the PLM consulting as well as mechanical and manufacturing engineering space. It also significantly strengthens HCL’s automotive and industrial practices.

The business that HCL is acquiring, in one of the largest acquisitions in the engineering services space, has more than 60 global clients in USA and Europe, majorly in automotive and industrial engineering segments. As of December 2015, it employs 2,606 people across 13 global delivery locations in the US, France, Germany, Romania, India and China. HCL will inherit several unique Geometric processes, methodologies and intellectual properties in PLM and digital manufacturing, along with highly specialized professionals in the PLM consulting as well as mechanical and manufacturing engineering space. The transaction thus creates a unique portfolio of end–to–end engineering and R&D capabilities across the full product lifecycle – hardware, software, mechanical & manufacturing engineering and PLM consulting.

G.H Rao, President, Engineering and R&D Services, HCL Technologies said, “We are looking forward to an exciting journey and extend a warm welcome to the employees, customers and partners of Geometric. With broad end–to–end capabilities and rich experience across PLM consulting, mechanical and manufacturing engineering that Geometric brings in, the synergies allow us to take advantage of the rapidly growing manufacturing engineering and PLM services market. It also provides several cross–sell and up–sell opportunities as the customers will benefit from a unique services portfolio of end–to–end engineering, R&D, digital technologies and internet of things capabilities.”

Manu Parpia, CEO and MD of Geometric Ltd. said, “I welcome this as a truly synergistic transaction, as both our employees and customers will benefit. Our customers will have access to a wide range of engineering services which complement Geometric’s offerings. Geometric’s employees will have the opportunity for growth as they can serve HCL Tech’s large customer base.”

Headquartered in Mumbai, Geometric was incorporated in 1994 and is listed on the Bombay and National Stock Exchange. For the Fiscal Years ended March 2014 & March 2015, the revenues were INR 7,871.2 million & INR 8,139.3 million respectively. For the nine–month period ended Dec 31, 2015, the revenues were INR 6,735 million. The transaction is expected to be accretive on Cash Earnings per Share.

The acquisition would take place through a Scheme of Arrangement which would be subject to the approval of the Hon’ble High Courts at Mumbai and Delhi in addition to the approval of the regulatory authorities. 

About HCL Technologies 

HCL Technologies is a leading global IT services company working with clients in areas that impact and redefine the core of their businesses. Since its emergence on global landscape after its IPO in 1999 and listing in 2000, HCL Technologies, along with its subsidiaries, today operates out of 32 countries and has consolidated revenues of US$ 6.1 billion, as on 31st December 2015 (on Calendar Year basis). HCL focuses on 'transformational outsourcing', underlined by innovation and value creation, offering an integrated portfolio of services including Enterprise Digitalization, Internet of Things, Engineering Services Outsourcing and Next Generation IT Outsourcing that focuses on transformation-led infrastructure services, applications services and business services. HCL leverages its extensive global delivery capabilities and integrated innovation labs across the world to provide holistic, multi-service delivery in key industry verticals including Financial Services, Manufacturing, Telecommunications, Media, Publishing & Entertainment, Retail & CPG, Life sciences & Healthcare, Oil & Gas, Energy & Utilities, Travel, Transportation & Logistics and Government. With 103,696 professionals from diverse nationalities, HCL Technologies focuses on creating real value for customers by taking 'Relationships Beyond the Contract'. For more information, visit www.hcltech.com.

Saturday, April 2, 2016

ANSYS Introduces Elastic Licensing for Engineering Simulation

PITTSBURGH, PA, USA, Apr 2, 2016 - Companies around the world now have unprecedented flexibility to solve the toughest engineering and product challenges, thanks to the introduction of ANSYS Elastic Licensing. This new ANSYS (NASDAQ: ANSS) pay-per-use licensing model unlocks the world’s broadest portfolio of engineering simulation software – enabling users to optimize license utilization while giving them license flexibility to meet the changing demands of their businesses.

Offered alongside the traditional lease and paid-up models, as well as with cloud offerings, ANSYS Elastic Licensing is the first engineering simulation software licensing standard that provides hourly-based access to the breadth of ANSYS’ world-class multiphysics platform in a single license. Elastic licensing enables customers to size their paid-up or lease license pool to their typical workload, but make adjustments for occasional users to meet peak demands.

“ANSYS customers already benefit from the leading engineering simulation software in the industry. Our elastic licensing provides the flexibility for customers to use simulation in precisely the way that best fits their particular business,” said Ray Milhem, vice president of enterprise solutions and cloud for ANSYS. “Customers aren’t forced into any single option. Instead they have a wide array of choices across deployment and licensing options – enabling the broadest possible use of simulation. This is all part of our quest to make simulation available to every engineer.”

Elastic licenses have multiple use cases. They allow for ultimate flexibility across the full portfolio of simulation products. This option also allows for peak usage on top of more traditional licensing as well as for ad-hoc development teams focused on short-term projects.

The initial release of ANSYS Elastic Licensing will be made available through ANSYS cloud-hosting partner’s Bull Atos Technologies, CPU 24/7, Gompute, Nimbix and Penguin Computing, followed by the ANSYS Enterprise Cloud later this year hosted on Amazon Web Services. Through the cloud, customers will have unrestrained access to ANSYS’ multiphysics platform offering regardless of location, removing licensing constraints. ANSYS will also offer the option for its on premise lease and paid-up licenses.

"Flexibility is critical for a company like ours," says Sukhvinder Kang, chief technology officer for Aavid Thermalloy. "Working on numerous simulation projects with teams across the globe, it is difficult to predict up front, the mix of ANSYS products we will need, where we will need them and how many licenses we will need. Working with ANSYS has proven the value of usage-based licensing to support our constantly changing simulation needs. We expect that elastic licensing will give us the access to the broad suite of multiphysics solutions that we need to support our customers globally and bring our innovative products to market faster and more reliably than ever."

About ANSYS, Inc.

ANSYS is the global leader in engineering simulation. We bring clarity and insight to our customer's most complex design challenges through the broadest portfolio of fast, accurate and reliable simulation tools. Our technology enables organizations in all industries to imagine high-quality, innovative product designs that are sustainable and have an accelerated time to market. Founded in 1970, ANSYS employs almost 3000 professionals, more than 700 of them with PhDs in engineering fields such as finite element analysis, computational fluid dynamics, electronics and electromagnetics, embedded software, system simulation and design optimization. Headquartered south of Pittsburgh, U.S.A., ANSYS has more than 75 strategic sales and development locations throughout the world with a network of channel partners in 40+ countries. For more information, visit www.ansys.com.