Tailored sheet-metal forming software solutions.
TROY, Mich - Altair Engineering today announced the release of Altair HyperForm Solista and Altair HyperBlank, two standalone technologies that allow sheet-metal part manufacturers to easily simulate forming operations to cut production costs and material scrap while improving product quality. Leveraging Altair’s powerful finite-element solver engine, RADIOSS, HyperForm Solista and HyperBlank offer efficient, cost-effective and accurate solutions to simulate the entire manufacturing process for sheet-metal forming, tube bending and hydroforming.
“HyperForm Solista and HyperBlank have been developed by manufacturing engineers to aid product and cost engineers, die designers, process and try-out engineers by accurately simulating the stamping process,” said Altair Stamping Technology Manager Simone Bonino. “We leveraged more than 20 years of Altair’s global experience in manufacturing simulation and process design to provide a cost-effective solution to aid in developing the optimal manufacturing process. Our development priorities for these products have been to automate the set-up process by building in the users’ knowledge base, use the language of the manufacturing engineers throughout the software user interface, and provide the solution at an extremely competitive price. HyperForm Solista and HyperBlank deliver turnkey solutions that dramatically reduce the overall product development cycle time, generating a return on investment in the first year.”
Altair HyperForm Solista: Sheet-Metal Forming Essentials
* Predict Forming Problems and Reduce Cost – The most accurate incremental sheet-metal forming solver on the market, Altair RADIOSS, is seamlessly integrated into HyperForm Solista’s process-driven user interface. This solver allows users to quickly predict wrinkles and splits prior to cutting steel, avoiding the unnecessary costs associated with die machining and press downtime.
* Streamlined, Process-Oriented GUI Increases Productivity – HyperForm Solista’s extensive built-in knowledge of the manufacturing domain efficiently captures the stamping process. A comprehensive collection of tailored, process-oriented automations for virtually every stamping application further boosts user efficiency. Together with an intuitive, easy-to-understand user interface with navigation and terminology that are consistent with the production floor, these products do not require prior finite-element analysis training or knowledge.
* Complete Simulation Solution for Stamping – The HyperForm Solista stamping platform efficiently manages the entire stamping simulation process from feasibility analysis through final process validation and optimization. It also boasts a broad and robust functionality suite, including concept die face design, springback prediction and compensation, and a powerful results-visualization framework to meet and exceed users’ high-performance requirements.
Altair HyperBlank: Accurate Blank Size and Cost Analysis
Altair HyperBlank quickly and accurately estimates the initial feasibility, along with the required blank size, for stamping of sheet metal parts. HyperBlank predicts the proper blank size in the early stages of product testing, efficiently evaluating initial costs. The powerful nesting module minimizes material scrap, further lowering production costs. HyperBlank is based on the RADIOSS inverse solver, providing a fast, yet accurate, answer to sheet-metal engineers, purchaser, die designers and press-shop engineers. A very short learning curve allows users to go from blank screen to report generation in seconds.
Oct 29, 2009
Delcam to host seminar on composites in aerospace at its Birmingham headquarters
Many of Delcam’s customers are moving into the manufacture of tooling for composites.
Companies wishing to benefit from the current boom in the use of composites in the aerospace industry will be able to learn more about the opportunities at a free seminar to be hosted by Delcam at its Birmingham headquarters on Wednesday 25th November. The seminar, which is being organised by Aerospace Manufacturing magazine, will allow those new to the materials, and those hoping to win more business in the industry, to meet, and learn from, a range of experts from both the commercial and technical sides of composites manufacture.
The changing patterns in materials use in the aerospace industry offer both threats and opportunities to component manufacturers and the toolmakers that support them. In particular, companies that have been hit by the decline in UK toolmaking could find new opportunities in the composites area. Their skills in producing complex injection moulds could be transferred relatively easily to the manufacture of tooling for compression moulding and reaction injection moulding of composites. Similarly, firms that have traditionally made models and patterns for the metals industry could turn to producing similar items for composites manufacture.
The presentations will cover opportunities that exist in current programmes where up to 50% of the aircraft will be made from composites. There will also be details on the latest cutting tools and machine tools that will need to be used by companies moving from metalworking into the machining of composites.
Companies wishing to benefit from the current boom in the use of composites in the aerospace industry will be able to learn more about the opportunities at a free seminar to be hosted by Delcam at its Birmingham headquarters on Wednesday 25th November. The seminar, which is being organised by Aerospace Manufacturing magazine, will allow those new to the materials, and those hoping to win more business in the industry, to meet, and learn from, a range of experts from both the commercial and technical sides of composites manufacture.
The changing patterns in materials use in the aerospace industry offer both threats and opportunities to component manufacturers and the toolmakers that support them. In particular, companies that have been hit by the decline in UK toolmaking could find new opportunities in the composites area. Their skills in producing complex injection moulds could be transferred relatively easily to the manufacture of tooling for compression moulding and reaction injection moulding of composites. Similarly, firms that have traditionally made models and patterns for the metals industry could turn to producing similar items for composites manufacture.
The presentations will cover opportunities that exist in current programmes where up to 50% of the aircraft will be made from composites. There will also be details on the latest cutting tools and machine tools that will need to be used by companies moving from metalworking into the machining of composites.
Filed under:
Delcam
ESI Group's Welding Simulation Suite Version 2009 released
PARIS - ESI Group announced today the release of its Welding Simulation Suite version 2009, including Weld Planner and PAM-ASSEMBLY. Dedicated to all engineers who manage the welding assembly of large and complex welded designs, the main objective of the simulation suite is to significantly reduce time and cost to arrive at the bill of material and at a feasible process design.
In the early design and process evaluation phase, Weld Planner is first used to quickly evaluate numbers and positions of welds, clamping conditions, and design. While its dedicated GUI, ease of use and simulation speed meet the requirements of product and process design, Weld Planner allows finding the best possible design in the shortest possible time range.
PAM-ASSEMBLY is then used to validate the preliminary decisions taken. The complete physics of material is computed in local models, thus feeding the global model which is used to compute the overall distortion. Therefore, the computational effort is reduced from months to minutes, without losing any precision.
Version 2009 of ESI’s Welding Simulation Suite is embedded in a complete CAE environment, including dedicated meshing and post-processing tools.
“Weld Planner has been used at the National Metals Technology Centre (NAMTEC) for modeling welding deformation of large and complex assemblies. We have found that the software is very fast and straightforward to achieve rapid results, even for large mesh densities with a high number of welds”, said Dr. Kathryn Jackson, Technologist, NAMTEC. “The intuitive graphical interface has enabled us to define weld lines and clamps easily. The 'process definition' tool has been used to explore a range of weld sequences and clamping configurations rapidly, and therefore Weld Planner is ideal for investigating a high number of iterations of weld sequences at an early stage of the design process.”
“Rolls Royce found Weld Planner impressive due to the time taken to perform the analysis, the quality of results produced and the flexibility it offered in the early design cycle”, said Scott Wood, CEng MIMechE – Mechanical Engineer - Advanced Engineering, Transmissions, Structures & Drives, Rolls-Royce. “Weld Planner enabled an investigation of the fabrication route to be integrated with the thermo-mechanical design stages of the assembly.”
ESI offers training which lasts just one day and includes a step-by-step ‘getting started’ session to help users get the job done.
In the early design and process evaluation phase, Weld Planner is first used to quickly evaluate numbers and positions of welds, clamping conditions, and design. While its dedicated GUI, ease of use and simulation speed meet the requirements of product and process design, Weld Planner allows finding the best possible design in the shortest possible time range.
PAM-ASSEMBLY is then used to validate the preliminary decisions taken. The complete physics of material is computed in local models, thus feeding the global model which is used to compute the overall distortion. Therefore, the computational effort is reduced from months to minutes, without losing any precision.
Version 2009 of ESI’s Welding Simulation Suite is embedded in a complete CAE environment, including dedicated meshing and post-processing tools.
“Weld Planner has been used at the National Metals Technology Centre (NAMTEC) for modeling welding deformation of large and complex assemblies. We have found that the software is very fast and straightforward to achieve rapid results, even for large mesh densities with a high number of welds”, said Dr. Kathryn Jackson, Technologist, NAMTEC. “The intuitive graphical interface has enabled us to define weld lines and clamps easily. The 'process definition' tool has been used to explore a range of weld sequences and clamping configurations rapidly, and therefore Weld Planner is ideal for investigating a high number of iterations of weld sequences at an early stage of the design process.”
“Rolls Royce found Weld Planner impressive due to the time taken to perform the analysis, the quality of results produced and the flexibility it offered in the early design cycle”, said Scott Wood, CEng MIMechE – Mechanical Engineer - Advanced Engineering, Transmissions, Structures & Drives, Rolls-Royce. “Weld Planner enabled an investigation of the fabrication route to be integrated with the thermo-mechanical design stages of the assembly.”
ESI offers training which lasts just one day and includes a step-by-step ‘getting started’ session to help users get the job done.
Filed under:
ESI
Nemetschek and Tekla sign cooperation agreement
Nemetschek AG and Tekla Corporation optimize the exchange of construction project data between their software programs and coordinate their product offerings for dedicated customer groups.
Munich-based Nemetschek AG and Finland-based Tekla Corporationhave signed a Mutual Agreement on Cooperation and thus set a framework for cooperation on future projects. Nemetschek AG is Europe’s leading vendor of software for architects, engineers and the building industry, whereby the focus is on the whole process from design to facility management. Tekla Corporation is a major international vendor of 3D software for building and infrastructure engineering, with a focus on building information modeling of steel and concrete structures from design to construction. Together, the companies will improve the interoperability and workflow communication between their specialized software applications.
In terms of product strategy, the focus is on actual user demands and enhancing the digital workflow between different virtual modeling software programs. The partners plan to use vendor-independent open standards for data exchange, such as the IFC standard. The partners also want to share their experience with these formats and further develop them to strengthen the BIM (Building Information Modeling) community and the development of BIM into an industry standard process. Furthermore, the two partners intend to cooperate in marketing to align their product offering for multidisciplinary architecture and engineering firms.
The companies have agreed to work along the same principles with third parties for instance from the fields of infrastructure software and HVAC. “Together and with the help of additional partners we want to offer worldwide “best-in-class” solutions for the AEC market,” emphasizes Ernst Homolka, CEO of Nemetschek. “At Tekla we want to do our share in helping the building and construction industry move on to building information modeling as a way of working. This requires information systems of different disciplines to be able to communicate with each other. The data must not only be transferrable but exchangable. This way our customers can choose the best product for each task,” says Ari Kohonen, CEO of Tekla Corporation.
The Nemetschek subsidiary Graphisoft and Tekla already signed a cooperation agreement in September that also covered data exchange and close connection of ArchiCAD and Tekla Structures software at the process level. Tekla and Nemetschek subsidiary Scia are planning to complete model transfer between Scia Engineer and Tekla Structures.
Munich-based Nemetschek AG and Finland-based Tekla Corporationhave signed a Mutual Agreement on Cooperation and thus set a framework for cooperation on future projects. Nemetschek AG is Europe’s leading vendor of software for architects, engineers and the building industry, whereby the focus is on the whole process from design to facility management. Tekla Corporation is a major international vendor of 3D software for building and infrastructure engineering, with a focus on building information modeling of steel and concrete structures from design to construction. Together, the companies will improve the interoperability and workflow communication between their specialized software applications.
In terms of product strategy, the focus is on actual user demands and enhancing the digital workflow between different virtual modeling software programs. The partners plan to use vendor-independent open standards for data exchange, such as the IFC standard. The partners also want to share their experience with these formats and further develop them to strengthen the BIM (Building Information Modeling) community and the development of BIM into an industry standard process. Furthermore, the two partners intend to cooperate in marketing to align their product offering for multidisciplinary architecture and engineering firms.
The companies have agreed to work along the same principles with third parties for instance from the fields of infrastructure software and HVAC. “Together and with the help of additional partners we want to offer worldwide “best-in-class” solutions for the AEC market,” emphasizes Ernst Homolka, CEO of Nemetschek. “At Tekla we want to do our share in helping the building and construction industry move on to building information modeling as a way of working. This requires information systems of different disciplines to be able to communicate with each other. The data must not only be transferrable but exchangable. This way our customers can choose the best product for each task,” says Ari Kohonen, CEO of Tekla Corporation.
The Nemetschek subsidiary Graphisoft and Tekla already signed a cooperation agreement in September that also covered data exchange and close connection of ArchiCAD and Tekla Structures software at the process level. Tekla and Nemetschek subsidiary Scia are planning to complete model transfer between Scia Engineer and Tekla Structures.
Wind to Energy (W2E) Uses MSC.Software's Marc, MD Nastran, Adams and SimXpert
SANTA ANA, Calif - MSC.Software today announced that Wind to Energy GmbH (W2E) will use the company’s Marc, MD Nastran, Adams and SimXpert software products to achieve significant quality improvement company-wide. Using CAE to optimally utilize development resources is expected to achieve greater flexibility in the development of ambitious solutions in the wind energy sector.
W2E deployed MSC.Software solutions in April 2009 and saw results almost immediately. The company has been able to showcase innovation and drive the wind energy industry forward with their patented LARUS Compact® drive train concept. In this concept, virtually the only force acting on the gearbox is the drive torque necessary for energy production. This leads to considerably more favorable loads on the gearbox components and in turn to a considerable increase in service life.
“Before we deployed MSC.Software’s simulation solutions, we outsourced calculations to external providers,” said Jan Weihert, responsible for structural simulation at W2E. “For a company like W2E it is important to bundle core competences in house. The decision to use MSC.Software was influenced, apart from its superior performance reputation, by its flexible licensing that allows us access to the entire range of MSC.Software products while keeping costs manageable. Today we use Marc to calculate every structural component we develop.”
The flexible licensing system of MSC.Software is called Enterprise Advantage. It provides access to more than 170 solutions from the MSC.Software product portfolio including MD Nastran, Marc, Adams, and SimXpert.
About Wind to Energy (W2E)
Wind to Energy was established in 2003 by six specialists in the wind energy industry. In view of the company’s present size of 21 employees, the company abstained from establishing its own production line and instead focused on the development and certification of wind turbines and bringing them to a stage ready for production. The current family comprises three wind turbines: W100, W90 and W80, where the numbers indicate the rotor diameter. All three members of the family represent 2.5-MW turbines for different wind classes. The turbines developed by W2E are manufactured and distributed by Fuhrländer AG. A 2-MW turbine with a 93 m rotor diameter is currently nearing certification. It will also be licensed worldwide; the first licenses have been sold already. Besides its headquarters in Rostock, the company also has offices in the United States, which is in charge of the North American market.
W2E deployed MSC.Software solutions in April 2009 and saw results almost immediately. The company has been able to showcase innovation and drive the wind energy industry forward with their patented LARUS Compact® drive train concept. In this concept, virtually the only force acting on the gearbox is the drive torque necessary for energy production. This leads to considerably more favorable loads on the gearbox components and in turn to a considerable increase in service life.
“Before we deployed MSC.Software’s simulation solutions, we outsourced calculations to external providers,” said Jan Weihert, responsible for structural simulation at W2E. “For a company like W2E it is important to bundle core competences in house. The decision to use MSC.Software was influenced, apart from its superior performance reputation, by its flexible licensing that allows us access to the entire range of MSC.Software products while keeping costs manageable. Today we use Marc to calculate every structural component we develop.”
The flexible licensing system of MSC.Software is called Enterprise Advantage. It provides access to more than 170 solutions from the MSC.Software product portfolio including MD Nastran, Marc, Adams, and SimXpert.
About Wind to Energy (W2E)
Wind to Energy was established in 2003 by six specialists in the wind energy industry. In view of the company’s present size of 21 employees, the company abstained from establishing its own production line and instead focused on the development and certification of wind turbines and bringing them to a stage ready for production. The current family comprises three wind turbines: W100, W90 and W80, where the numbers indicate the rotor diameter. All three members of the family represent 2.5-MW turbines for different wind classes. The turbines developed by W2E are manufactured and distributed by Fuhrländer AG. A 2-MW turbine with a 93 m rotor diameter is currently nearing certification. It will also be licensed worldwide; the first licenses have been sold already. Besides its headquarters in Rostock, the company also has offices in the United States, which is in charge of the North American market.
Filed under:
MSC.Software
Latest Version of Flexera Software's FlexNet Manager for Engineering Applications released
SCHAUMBURG, IL - Flexera Software, formerly Acresso Software, today announced the latest version of FlexNet® Manager for Engineering Applications, the only enterprise license optimization solution on the market for enterprise-class engineering applications. FlexNet Manager now enables organizations to centrally monitor, manage, analyze, and report on software usage by linking usage and denial trends directly to specific contractual license terms, geographies, and organizational structure, so organizations can fully optimize software use, remain compliant, and control spending.
With this product launch, FlexNet Manager now provides analytical tools that automatically recommend software purchase quantities based upon past usage trends and other business-based criteria. This helps organizations more accurately plan and budget for the future and determine the right mix of software to purchase or retire in order to minimize software costs, effectively manage denials and address license compliance issues. FlexNet Manager is the only product available that offers the capability to access continuous usage trending data from thousands of FlexEnabled applications and use that data to recommend optimal purchase quantities.
For energy, software engineering, semiconductor manufacturing, and design companies, high-value electronic design automation (EDA) software can constitute a significant portion of operating expenses. Failing to properly manage licenses for this software risks shelfware, denials of service, and non-compliance situations -- all potentially expensive problems. Without insight into software usage, organizations cannot know what software should be retired, supported or purchased, or accurately gauge the return on investment (ROI) on their software spending.
With 20 years of experience as the makers of FlexNet Publisher, the leading licensing technology embedded in 20,000 enterprise-class applications, Flexera Software is uniquely capable of providing meaningful insight into the usage of some of the most expensive and widely used applications on the market. More than 3,000 software publishers and hundreds of Fortune 1000 companies depend on Flexera Software's technologies to ensure that end users have the most positive experience installing and using their software.
"This new version of FlexNet Manager for Engineering Applications is built on Flexera Software's proven capabilities to deliver significant hard-dollar value to enterprises that have invested millions in software but often don't know how much they have or how they are using it," said Mark Bishof, president and chief executive officer for Flexera Software. "Are they overpaying for licenses? Are they violating agreements with the vendors providing essential software tools for running their business? FlexNet Manager makes it easier than ever to answer these questions and helps companies control and optimize their software spend -- delivering significant potential savings."
Through its FlexNet Manager Suite for Enterprises, Flexera Software already brings analytical capabilities to its solutions geared specifically to managing some of the world's most widely used applications, such as SAP® Business Suite and Oracle databases and applications, and today's announcement strengthens Flexera Software's enterprise license optimization offerings to create the industry's most comprehensive solution set on the market today.
Read more about Key New Features in FlexNet Manager for Engineering Applications, click here.
Key New Features Highlights: FlexNet Manager for Engineering Applications
-- Software Investment Planner: Based on powerful new analytics that link
usage trending data to specific license terms, the new Software
Investment Planner provides answers to critical business questions fast
so companies can minimize software costs, effectively manage denials and
address license compliance issues. This powerful analysis and planning
tool provides detailed insight into usage trends as they relate to
license terms, costs and organizational structure. It also recommends
purchase quantities based upon past usage trends and other customizable
factors so companies can accurately plan and budget for the future and
determine the right mix of software to purchase or retire.
The Software Investment Planner offers a central place to store complex
contract terms, making it easy to identify compliance issues and see the
cost of changes in the license environment. It also offers new product-
based reporting which maps complex product-to-feature relationships so
companies can automatically report on how they are using the products
listed on their software contracts.
-- Usage Reports for LUM-enabled Applications: Companies relying on CATIA,
ENOVIA SmarTeam, or any other LUM-enabled application can now use
FlexNet Manager to report on and optimize these licenses within a single
interface and workflow.
-- Improved Organization-Model Maintenance and Reporting: FlexNet Manager
now offers an easier way to keep user data updated so companies can
report on how individuals are using software by organization, geography,
or even by project.
With this product launch, FlexNet Manager now provides analytical tools that automatically recommend software purchase quantities based upon past usage trends and other business-based criteria. This helps organizations more accurately plan and budget for the future and determine the right mix of software to purchase or retire in order to minimize software costs, effectively manage denials and address license compliance issues. FlexNet Manager is the only product available that offers the capability to access continuous usage trending data from thousands of FlexEnabled applications and use that data to recommend optimal purchase quantities.
For energy, software engineering, semiconductor manufacturing, and design companies, high-value electronic design automation (EDA) software can constitute a significant portion of operating expenses. Failing to properly manage licenses for this software risks shelfware, denials of service, and non-compliance situations -- all potentially expensive problems. Without insight into software usage, organizations cannot know what software should be retired, supported or purchased, or accurately gauge the return on investment (ROI) on their software spending.
With 20 years of experience as the makers of FlexNet Publisher, the leading licensing technology embedded in 20,000 enterprise-class applications, Flexera Software is uniquely capable of providing meaningful insight into the usage of some of the most expensive and widely used applications on the market. More than 3,000 software publishers and hundreds of Fortune 1000 companies depend on Flexera Software's technologies to ensure that end users have the most positive experience installing and using their software.
"This new version of FlexNet Manager for Engineering Applications is built on Flexera Software's proven capabilities to deliver significant hard-dollar value to enterprises that have invested millions in software but often don't know how much they have or how they are using it," said Mark Bishof, president and chief executive officer for Flexera Software. "Are they overpaying for licenses? Are they violating agreements with the vendors providing essential software tools for running their business? FlexNet Manager makes it easier than ever to answer these questions and helps companies control and optimize their software spend -- delivering significant potential savings."
Through its FlexNet Manager Suite for Enterprises, Flexera Software already brings analytical capabilities to its solutions geared specifically to managing some of the world's most widely used applications, such as SAP® Business Suite and Oracle databases and applications, and today's announcement strengthens Flexera Software's enterprise license optimization offerings to create the industry's most comprehensive solution set on the market today.
Read more about Key New Features in FlexNet Manager for Engineering Applications, click here.
Key New Features Highlights: FlexNet Manager for Engineering Applications
-- Software Investment Planner: Based on powerful new analytics that link
usage trending data to specific license terms, the new Software
Investment Planner provides answers to critical business questions fast
so companies can minimize software costs, effectively manage denials and
address license compliance issues. This powerful analysis and planning
tool provides detailed insight into usage trends as they relate to
license terms, costs and organizational structure. It also recommends
purchase quantities based upon past usage trends and other customizable
factors so companies can accurately plan and budget for the future and
determine the right mix of software to purchase or retire.
The Software Investment Planner offers a central place to store complex
contract terms, making it easy to identify compliance issues and see the
cost of changes in the license environment. It also offers new product-
based reporting which maps complex product-to-feature relationships so
companies can automatically report on how they are using the products
listed on their software contracts.
-- Usage Reports for LUM-enabled Applications: Companies relying on CATIA,
ENOVIA SmarTeam, or any other LUM-enabled application can now use
FlexNet Manager to report on and optimize these licenses within a single
interface and workflow.
-- Improved Organization-Model Maintenance and Reporting: FlexNet Manager
now offers an easier way to keep user data updated so companies can
report on how individuals are using software by organization, geography,
or even by project.
ANSYS ranks 85th on Forbes 200 Best Small Companies List
SOUTHPOINTE, Pa - ANSYS, Inc today announced that it has been included on the Forbes 200 Best Small Companies in America list, ranking 85th. This is the seventh time that ANSYS has made the list over the past nine years.
The list comprises financially solid small-cap businesses that have annual revenues between $5 million and $750 million, have traded publicly for at least a year and are priced over $5. Rankings are based on earnings and sales growth, along with return on equity in the past 12 months and over five years. Stock performance of each company was compared with that of its peers.
“It is an honor to once again be named to the Forbes list, a ranking that reflects our company’s achievement of consistent growth. It also reinforces that our Simulation Driven Product Development™ vision and strategy are on the right track,” said Jim Cashman, president and CEO at ANSYS, Inc. “In particular, our success over the past year demonstrates that, even in hard times, customers understand the value that ANSYS brings in pushing the boundaries of product innovation.”
The list comprises financially solid small-cap businesses that have annual revenues between $5 million and $750 million, have traded publicly for at least a year and are priced over $5. Rankings are based on earnings and sales growth, along with return on equity in the past 12 months and over five years. Stock performance of each company was compared with that of its peers.
“It is an honor to once again be named to the Forbes list, a ranking that reflects our company’s achievement of consistent growth. It also reinforces that our Simulation Driven Product Development™ vision and strategy are on the right track,” said Jim Cashman, president and CEO at ANSYS, Inc. “In particular, our success over the past year demonstrates that, even in hard times, customers understand the value that ANSYS brings in pushing the boundaries of product innovation.”
Filed under:
ANSYS
MWH Soft's InfoWorks, InfoNet and FloodWorks Version 10.5 released
Broomfield — MWH Soft, a provider of environmental and water resources applications software, today announced the immediate release of version 10.5 of InfoWorks, InfoNet, and FloodWorks. The new releases reflect MWH Soft’s continued commitment to providing the world’s water, wastewater, stormwater and flood management professionals with the most comprehensive selection of class-leading engineering tools available.
“Our industry-leading workgroup and asset management technology continues to improve with each new version, and this major release is no exception, “said Andrew Brown, EMEA Regional Manager for MWH Soft. “We have incorporated significant advancements as a result of feedback from customers worldwide. MWH Soft’s core commitment is to provide the world’s engineering community with flexible and comprehensive solutions that enable improved work processes for tangible business benefit and competitive advantage.”
InfoWorks CS allows engineers and planners to produce fast, accurate and robust hydraulic modeling of a complete urban collection system network. This encompasses full modeling of backwater effects and reverse flow, open channels, trunk sewers, complex pipe connections and ancillary structures. Tools for urban flooding and receiving stream impact prediction, water quality, sediment transport and real time control simulation are also included.
A close relative of InfoWorks CS, InfoWorks SD allows users to model stormwater flows through a complex environment with a diversity of underground and overland structures and paths — applying the same high-quality function and analysis to both open channels and closed conduits. Updates in version 10.5 of InfoWorks CS and SD include new inlet flood types, improved rainfall generators and new routing methods.
InfoWorks RS combines a highly advanced 1D & 2D simulation engine, data management, geographical analysis and a relational database in a single environment, The result is a single tool that can import, clean up and store survey and time series data; build detailed and accurate models; analyze model results; and present outputs in engineering report-quality formats. InfoWorks RS includes full-solution modeling of open channels, culverts, floodplains, embankments and hydraulic structures. It also simulates rainfall runoff using both event-based and conceptual hydrological methods. Version 10.5 adds the ability to trigger a 2D point source from a remote location, as well as greatly enhanced simulation results in the 3D Terrain View.
InfoWorks WS is a complete modeling and management package for water distribution systems. Drawing on information from high quality all-pipe InfoWorks WS models enable offline management decisions to be made with confidence. By providing an accurate view of water distribution system performance, including water quality, supply and demand, infrastructure problems and investigation of remedial measures, InfoWorks WS helps engineers deliver a sustainable supply of high quality water to users at an acceptable pressure and flow rate with minimal leakage loss. New features in v10.5 include: leakage location simulation, time varying results for pump stations, finer granularity for demand and trace results at nodes, and enhancement to fire flow simulations.
InfoNet is a purpose-built asset and data management system for water distribution, wastewater collection and stormwater networks. Designed for operations managers, engineers and planners, InfoNet enables users to manage, integrate, validate and analyze network data and provide accurate, auditable information on network infrastructure and performance in easy-to-use formats. Version 10.5 adds new CCTV scoring, data collection, and interoperablity methods; improved PACP and MACP support; and the ability to assign incidents directly to a property location. In addition, all InfoWorks and InfoNet products now include enhanced user management features. The redesigned administration area now features streamlined view and permissions setting for users and groups within the database.
FloodWorks is a modular software package focused on real-time simulation and forecasting of future hydrological and hydraulic conditions in river basins, stormwater and drainage systems and coastal areas. Designed for operational use in the control room, FloodWorks links a variety of live data sources with a wide range of models to provide detailed and accurate forecasts of water levels, flood depths, flows, velocities, water quality parameters and sea state. Using FloodWorks, managers and engineers can carry out fast, accurate and detailed simulations of the future effects of an extreme event, providing key data necessary to effectively deploy emergency response services and minimize the risk of loss of life and damage to infrastructure. New features in FloodWorks v10.5 include better management of telemetry data and units, the ability to define long sections, full support of the URBS runoff routing model, email and SMS alert notification options, and the creation of generic user-defined models based on script files.
“The continued enhancement of our entire best-in-class product portfolio is a key priority for the MWH Soft team,” said Paul F. Boulos, Ph.D., Hon.D.WRE, F.ASCE, President and COO of MWH Soft. “The new releases will give our customers an even more effective toolset and an improved work experience that can bring them to new levels of success. They underline our ongoing commitment to providing the world’s engineers powerful, easy-to-use modeling and simulation software that helps them strengthen, protect, sustain and optimize their water resources infrastructures with incredible speed, efficiency, and accuracy, and at maximum cost savings.”
Pricing and Availability
Version 10.5 products are available immediately by subscription worldwide.
“Our industry-leading workgroup and asset management technology continues to improve with each new version, and this major release is no exception, “said Andrew Brown, EMEA Regional Manager for MWH Soft. “We have incorporated significant advancements as a result of feedback from customers worldwide. MWH Soft’s core commitment is to provide the world’s engineering community with flexible and comprehensive solutions that enable improved work processes for tangible business benefit and competitive advantage.”
InfoWorks CS allows engineers and planners to produce fast, accurate and robust hydraulic modeling of a complete urban collection system network. This encompasses full modeling of backwater effects and reverse flow, open channels, trunk sewers, complex pipe connections and ancillary structures. Tools for urban flooding and receiving stream impact prediction, water quality, sediment transport and real time control simulation are also included.
A close relative of InfoWorks CS, InfoWorks SD allows users to model stormwater flows through a complex environment with a diversity of underground and overland structures and paths — applying the same high-quality function and analysis to both open channels and closed conduits. Updates in version 10.5 of InfoWorks CS and SD include new inlet flood types, improved rainfall generators and new routing methods.
InfoWorks RS combines a highly advanced 1D & 2D simulation engine, data management, geographical analysis and a relational database in a single environment, The result is a single tool that can import, clean up and store survey and time series data; build detailed and accurate models; analyze model results; and present outputs in engineering report-quality formats. InfoWorks RS includes full-solution modeling of open channels, culverts, floodplains, embankments and hydraulic structures. It also simulates rainfall runoff using both event-based and conceptual hydrological methods. Version 10.5 adds the ability to trigger a 2D point source from a remote location, as well as greatly enhanced simulation results in the 3D Terrain View.
InfoWorks WS is a complete modeling and management package for water distribution systems. Drawing on information from high quality all-pipe InfoWorks WS models enable offline management decisions to be made with confidence. By providing an accurate view of water distribution system performance, including water quality, supply and demand, infrastructure problems and investigation of remedial measures, InfoWorks WS helps engineers deliver a sustainable supply of high quality water to users at an acceptable pressure and flow rate with minimal leakage loss. New features in v10.5 include: leakage location simulation, time varying results for pump stations, finer granularity for demand and trace results at nodes, and enhancement to fire flow simulations.
InfoNet is a purpose-built asset and data management system for water distribution, wastewater collection and stormwater networks. Designed for operations managers, engineers and planners, InfoNet enables users to manage, integrate, validate and analyze network data and provide accurate, auditable information on network infrastructure and performance in easy-to-use formats. Version 10.5 adds new CCTV scoring, data collection, and interoperablity methods; improved PACP and MACP support; and the ability to assign incidents directly to a property location. In addition, all InfoWorks and InfoNet products now include enhanced user management features. The redesigned administration area now features streamlined view and permissions setting for users and groups within the database.
FloodWorks is a modular software package focused on real-time simulation and forecasting of future hydrological and hydraulic conditions in river basins, stormwater and drainage systems and coastal areas. Designed for operational use in the control room, FloodWorks links a variety of live data sources with a wide range of models to provide detailed and accurate forecasts of water levels, flood depths, flows, velocities, water quality parameters and sea state. Using FloodWorks, managers and engineers can carry out fast, accurate and detailed simulations of the future effects of an extreme event, providing key data necessary to effectively deploy emergency response services and minimize the risk of loss of life and damage to infrastructure. New features in FloodWorks v10.5 include better management of telemetry data and units, the ability to define long sections, full support of the URBS runoff routing model, email and SMS alert notification options, and the creation of generic user-defined models based on script files.
“The continued enhancement of our entire best-in-class product portfolio is a key priority for the MWH Soft team,” said Paul F. Boulos, Ph.D., Hon.D.WRE, F.ASCE, President and COO of MWH Soft. “The new releases will give our customers an even more effective toolset and an improved work experience that can bring them to new levels of success. They underline our ongoing commitment to providing the world’s engineers powerful, easy-to-use modeling and simulation software that helps them strengthen, protect, sustain and optimize their water resources infrastructures with incredible speed, efficiency, and accuracy, and at maximum cost savings.”
Pricing and Availability
Version 10.5 products are available immediately by subscription worldwide.
Filed under:
MWH Soft
Lectra awarded €21.9 million in its arbitration against Induyco
Paris, October 28, 2009. The Secretariat of the International Court of Arbitration notified the award today in the arbitration initiated in June 2005 by Lectra against Induyco, the former shareholder of Investronica Sistemas, under the arbitration rules of the International Chamber of Commerce.
The award of €21.9 million by the arbitral tribunal is composed of:
- award on the merits: €15.1 million (plus interest since June 30, 2005 and post-award interest)
- award as costs: €6.8 million (plus post-award interest).
The arbitral procedure relates to the acquisition by Lectra in 2004 of Investronica Sistemas
The parties agreed in the share purchase agreement signed on April 2, 2004 that disputes arising out of or relating to the agreement would be finally settled by international arbitration.
Induyco provided Lectra with first demand bank guarantees for a total amount of €17.2 million.
Impact of the award on Lectra’s financial statements and cash flow
The company will proceed with its auditors to a detailed analysis of the accounting and tax treatment of the award, which will be fully accounted for in the December 31, 2009 financial statements that will be published on February 11, 2010.
The aggregate amount of legal and expert fees, procedural and other costs incurred by Lectra since the beginning of the procedure amounts to €9.9 million. Of this amount, €4.2 million were expensed in the 2005 and 2006 accounts, and €5.7 million incurred in the years 2006–2009 were recognized in current assets in the balance sheet at September 30, 2009.
As all €9.9 million costs incurred by Lectra have already been paid in full, the award upon satisfaction will result in a cash inflow equal to the total amount of the award, i.e. €21.9 million (plus interest).
The award of €21.9 million by the arbitral tribunal is composed of:
- award on the merits: €15.1 million (plus interest since June 30, 2005 and post-award interest)
- award as costs: €6.8 million (plus post-award interest).
The arbitral procedure relates to the acquisition by Lectra in 2004 of Investronica Sistemas
The parties agreed in the share purchase agreement signed on April 2, 2004 that disputes arising out of or relating to the agreement would be finally settled by international arbitration.
Induyco provided Lectra with first demand bank guarantees for a total amount of €17.2 million.
Impact of the award on Lectra’s financial statements and cash flow
The company will proceed with its auditors to a detailed analysis of the accounting and tax treatment of the award, which will be fully accounted for in the December 31, 2009 financial statements that will be published on February 11, 2010.
The aggregate amount of legal and expert fees, procedural and other costs incurred by Lectra since the beginning of the procedure amounts to €9.9 million. Of this amount, €4.2 million were expensed in the 2005 and 2006 accounts, and €5.7 million incurred in the years 2006–2009 were recognized in current assets in the balance sheet at September 30, 2009.
As all €9.9 million costs incurred by Lectra have already been paid in full, the award upon satisfaction will result in a cash inflow equal to the total amount of the award, i.e. €21.9 million (plus interest).
Filed under:
Lectra
Quantapoint 3D Laser Scan Data now Integrated With Autodesk(R) Revit(R)
PITTSBURGH, PA - Quantapoint -- recent recipient of a General Services Administration (GSA) laser scanning IDIQ contract -- announced the integration of Quantapoint 3D laser scan data with Autodesk(R) Revit using QuantaCAD(TM). Laser data may be accessed directly within Revit as photo-realistic Laser Images(TM) of individual 3D laser scans and high-definition Laser Models(TM) of integrated laser data, not fuzzy "point clouds" whose sparse measurements make them difficult to use and understand.
"One of the challenges of Building Information Modeling (BIM) has been creating 3D BIM models that accurately represent existing buildings," said Eric Hoffman, Founder of Quantapoint. "By integrating Laser Models and Laser Images with Revit, Quantapoint can more quickly create 3D BIM models and validate their accuracy. Additionally, new 3D BIM designs can be viewed and clashed with the laser data to ensure that they will fit into the existing facility, thus eliminating rework."
QuantaCAD provides a number of useful capabilities to Revit users to enable them to create and validate 3D BIM models, visualize proposed modifications for design and constructability reviews, and identify and correct potential interferences. Some of the capabilities include:
-- Direct Integration: Integrate laser data with Revit directly, without
sub-sampling or converting to "polygon meshes."
-- Laser Models: Display 3D BIM models using solid, high-definition
Laser Models for direct remodeling or to create new designs.
-- Laser Image Projection: Project 3D BIM models into Laser Images of
individual 3D laser scans for real-time validation or design reviews.
-- Measurement: Measure points, distances and mechanical or plumbing
pipe information between the 3D BIM model, Laser Images and Laser Models.
-- Clashing: Clash laser data and 3D BIM models to verify remodeling
accuracy or identify interferences with new designs.
-- Demolition: Group Laser Models that are parts of the facility being
demolished and highlight or hide them for planning or design analysis.
-- Multi-user Database: Share measurements across the team via a multi-
user database to ensure consistent information and easier interactions.
-- State Manager: Store and recall laser data (Laser Models, Laser
Images and views) to focus on areas or interest and more quickly resume
work.
By using QuantaCAD to put reality in Revit, BIM remodeling time can be reduced while ensuring accuracy, design time can be decreased by accessing complete and clear Laser Models and Laser Images that represent existing conditions, and rework from design clashes can be eliminated by correcting clashes between the Laser Models and the new design.
"One of the challenges of Building Information Modeling (BIM) has been creating 3D BIM models that accurately represent existing buildings," said Eric Hoffman, Founder of Quantapoint. "By integrating Laser Models and Laser Images with Revit, Quantapoint can more quickly create 3D BIM models and validate their accuracy. Additionally, new 3D BIM designs can be viewed and clashed with the laser data to ensure that they will fit into the existing facility, thus eliminating rework."
QuantaCAD provides a number of useful capabilities to Revit users to enable them to create and validate 3D BIM models, visualize proposed modifications for design and constructability reviews, and identify and correct potential interferences. Some of the capabilities include:
-- Direct Integration: Integrate laser data with Revit directly, without
sub-sampling or converting to "polygon meshes."
-- Laser Models: Display 3D BIM models using solid, high-definition
Laser Models for direct remodeling or to create new designs.
-- Laser Image Projection: Project 3D BIM models into Laser Images of
individual 3D laser scans for real-time validation or design reviews.
-- Measurement: Measure points, distances and mechanical or plumbing
pipe information between the 3D BIM model, Laser Images and Laser Models.
-- Clashing: Clash laser data and 3D BIM models to verify remodeling
accuracy or identify interferences with new designs.
-- Demolition: Group Laser Models that are parts of the facility being
demolished and highlight or hide them for planning or design analysis.
-- Multi-user Database: Share measurements across the team via a multi-
user database to ensure consistent information and easier interactions.
-- State Manager: Store and recall laser data (Laser Models, Laser
Images and views) to focus on areas or interest and more quickly resume
work.
By using QuantaCAD to put reality in Revit, BIM remodeling time can be reduced while ensuring accuracy, design time can be decreased by accessing complete and clear Laser Models and Laser Images that represent existing conditions, and rework from design clashes can be eliminated by correcting clashes between the Laser Models and the new design.
Filed under:
Autodesk
Nemetschek Allplan presents New Version of Allplan Allfa
Munich - With Allplan 2009 Allfa, Nemetschek Allplan has announced the new version of its software for facility management. In addition to modules for cleaning management, administration and workflow, Allplan Allfa sets new standards in interdisciplinary collaboration between planning partners: The new version supports the future format IFC (Industry Foundation Classes) and provides improved data exchange with all conventional CAD programs. It also permits the exchange of PDF documents and therefore simplifies clarification and release processes.
"Operating buildings is an interdisciplinary challenge that requires an interlinked approach from all those involved. Nemetschek Allplan systematically supports this with a new version of its facility management software Allfa. It therefore also makes a contribution to efficient building management", says Peter Mehlstäubler, CEO and General Manager of Nemetschek Allplan GmbH.
Automated Business Processes
Greater efficiency in cleaning requirements is made possible thanks to the new module Allfa Clean Management. This enables users to classify areas with different cleaning types. They then transfer the data to MS Excel in order to comprehensively analyze cleaning contracts and costs. The results flow back into Allplan Allfa and form the basis for the required bills of quantity.
The module Allfa Process supports simple release processes right through to complex procedures. Operations are documented in a straightforward, traceable way with the help of task lists and status reports. The module is Internet-based and contains a comprehensive role and rights concept. It is therefore particularly well-suited to maintenance, service or the hotline. Service inquiries such as fault reports, for example, can be made available via a website.
The management of user rights and licenses is supported by the module Allfa Administration. It is also integrated in the new web interface of Allplan Allfa.
Smooth Collaboration
For the first time, Allplan 2009 Allfa supports the data exchange format IFC, which is increasingly gaining ground in facility management. The interface currently makes it possible to import alphanumeric information such as properties, buildings, rooms and equipment. This ensures that the facility manager receives comprehensive information.
Nemetschek Allplan is using PDF from Adobe in Allplan 2009 with the aim of bringing an extensive and lasting improvement to information exchange and software-aided communication during the design and construction process. This allows planning partners to work together on the basis of a standard format. Graphical and alphanumeric information can be merged into a single document: information on cleaning, use, room assignments or inventory numbers can be shown or hidden. Users can communicate easily and efficiently with their partners, regardless of location, software application and file format. This secures release processes and clarifications. The use of PDF shortens planning cycles while at the same time reducing costs, and therefore plays an important part in the timely completion of projects.
The option of archiving documents or plans in PDF/A format is also new. PDF/A is an ISO standard that ensures the readability of electronic documents for many years. It helps users meet the legally required archiving periods quickly, reliably and at low cost.
Optimized Interfaces
New functions in the module Allfa Graphics accelerate data comparison between the CAD and FM system. This includes, for example, the measurement of lengths and areas or the interactive display of object information when drawing an object. The positioning of properties, legend displays or plan header management have also been optimized.
Availability and Languages
Allplan 2009 Allfa will be available from the end of November 2009 in German, English and French.
"Operating buildings is an interdisciplinary challenge that requires an interlinked approach from all those involved. Nemetschek Allplan systematically supports this with a new version of its facility management software Allfa. It therefore also makes a contribution to efficient building management", says Peter Mehlstäubler, CEO and General Manager of Nemetschek Allplan GmbH.
Automated Business Processes
Greater efficiency in cleaning requirements is made possible thanks to the new module Allfa Clean Management. This enables users to classify areas with different cleaning types. They then transfer the data to MS Excel in order to comprehensively analyze cleaning contracts and costs. The results flow back into Allplan Allfa and form the basis for the required bills of quantity.
The module Allfa Process supports simple release processes right through to complex procedures. Operations are documented in a straightforward, traceable way with the help of task lists and status reports. The module is Internet-based and contains a comprehensive role and rights concept. It is therefore particularly well-suited to maintenance, service or the hotline. Service inquiries such as fault reports, for example, can be made available via a website.
The management of user rights and licenses is supported by the module Allfa Administration. It is also integrated in the new web interface of Allplan Allfa.
Smooth Collaboration
For the first time, Allplan 2009 Allfa supports the data exchange format IFC, which is increasingly gaining ground in facility management. The interface currently makes it possible to import alphanumeric information such as properties, buildings, rooms and equipment. This ensures that the facility manager receives comprehensive information.
Nemetschek Allplan is using PDF from Adobe in Allplan 2009 with the aim of bringing an extensive and lasting improvement to information exchange and software-aided communication during the design and construction process. This allows planning partners to work together on the basis of a standard format. Graphical and alphanumeric information can be merged into a single document: information on cleaning, use, room assignments or inventory numbers can be shown or hidden. Users can communicate easily and efficiently with their partners, regardless of location, software application and file format. This secures release processes and clarifications. The use of PDF shortens planning cycles while at the same time reducing costs, and therefore plays an important part in the timely completion of projects.
The option of archiving documents or plans in PDF/A format is also new. PDF/A is an ISO standard that ensures the readability of electronic documents for many years. It helps users meet the legally required archiving periods quickly, reliably and at low cost.
Optimized Interfaces
New functions in the module Allfa Graphics accelerate data comparison between the CAD and FM system. This includes, for example, the measurement of lengths and areas or the interactive display of object information when drawing an object. The positioning of properties, legend displays or plan header management have also been optimized.
Availability and Languages
Allplan 2009 Allfa will be available from the end of November 2009 in German, English and French.
Infolytica Corporation's MagNet, ElecNet and ThermNet version 7 released
Montreal: Infolytica Corporation has announcedthe release of MagNet, ElecNet and ThermNet version 7 with multi-threaded 3D solvers which take full advantage of the speedups possible with multicore computers for faster results.
MagNet is an electromagnetic field simulation software based on finite element analysis which is ideal for the design of motors, generators, transformers, sensors or any electromagnetic component.
ElecNet is an electric field simulation tool used for predicting the performance of surge arresters, bushings, insulations, cables and several high voltage applications.
ThermNet couples to MagNet for accurate and seamless 2D/3D electromagnetic-thermal analysis.
In Version 7, the 3D solvers have been parallelized to run on multiple cores simultaneously and allow for multi-threaded operations. This change, along with other improvements to the solvers, has resulted in significant speed ups.
Some of the other new features in version 7 are
* Refreshed user interface with better toolbar management
* Improved post-processing visualizations
* New CAD functions for easier model creation
* Improved charting functions
Pricing and Availability
MagNet, ElecNet and ThermNet version 7 are now available.
MagNet is an electromagnetic field simulation software based on finite element analysis which is ideal for the design of motors, generators, transformers, sensors or any electromagnetic component.
ElecNet is an electric field simulation tool used for predicting the performance of surge arresters, bushings, insulations, cables and several high voltage applications.
ThermNet couples to MagNet for accurate and seamless 2D/3D electromagnetic-thermal analysis.
In Version 7, the 3D solvers have been parallelized to run on multiple cores simultaneously and allow for multi-threaded operations. This change, along with other improvements to the solvers, has resulted in significant speed ups.
Some of the other new features in version 7 are
* Refreshed user interface with better toolbar management
* Improved post-processing visualizations
* New CAD functions for easier model creation
* Improved charting functions
Pricing and Availability
MagNet, ElecNet and ThermNet version 7 are now available.
Dassault Systèmes Q3 Total Revenue at 291.7 m Euros
Q3 EPS and Operating Margin Above Company Objectives.
PARIS - Dassault Systèmes has reported IFRS unaudited financial results for the third quarter and nine-month periods ended September 30, 2009, in accordance with Article L.451-1-2 IV of the French Monetary and Financial Code (Code Monétaire et Financier). These results have been reviewed by the Company’s Board of Directors.
Third Quarter 2009 non-IFRS revenue results in line with DS Q3 objectives; non-IFRS EPS and non-IFRS operating margin above on strong cost controls; cost-savings reach €100 million year-to-date, ahead of plan. Net operating cash flow of €234 million year-to-date; cash and short-term investments of €975 million. As recently announced DS plans to acquire the IBM PLM business operations (“IBM PLM”) for approximately $600 million.
Bernard Charlès, Dassault Systèmes President and Chief Executive Officer, commented, “More than ever, this quarter illustrates our ongoing commitment to reconcile short-term execution and long-term strategy.
“Looking at the third quarter, the environment continued to be challenging, similar to the second quarter.
Against this reality, our earnings and operating margin results came in above our objectives on in-line revenue results, thanks to the strong execution of our cost savings program. We are on track to not only achieve, but in fact to exceed our full year savings target, all while maintaining our R&D and customer support investments in all the industries we serve.
“The agreement with IBM is very timely to get closer to our clients delivering unique V6 value for sustainable innovation and expand our partnership with IBM in services, flexible financing and new enterprise infrastructure.”
Cash Flow and Other Financial Highlights
IFRS net operating cash flow was €56.6 million and €233.9 million for the three- and nine-month periods ended September 30, 2009, respectively.
Cash and short-term investments totaled €975.0 million at September 30, 2009, compared to €840.4 million at December 31, 2008. The Company’s net financial position amounted to €774.8 million at September 30, 2009, net of outstanding debt consisting of €200.2 million of financial long-term debt.
Key Business and Corporate Highlights
On October 26th, Dassault Systèmes and IBM announced their intent to integrate the IBM PLM sales force within DS and to sign a new global alliance to expand PLM in all industries. DS and IBM signed a definitive agreement whereby DS would acquire the IBM sales and client support business operations encompassing DS PLM software application portfolio, as well as customer contracts and related assets (“IBM PLM”), for approximately $600 million in cash. DS and IBM also defined the next steps in their long-standing relationship, with plans to establish DS as a strategic IBM global alliance partner and to expand their services partnership.
On October 21st, DS announced that HydroChina Chengdu Engineering Corporation (CHIDI), one of China’s largest hydropower investigation and design enterprises, has successfully implemented Dassault Systèmes’ PLM solutions to facilitate investigation, design, and collaborative management of hydropower plants. CHIDI has significantly shortened project timelines, reduced total costs, and improved the collaboration between cross-functional teams of designers and engineers.
On September 1st, DS announced that Boston Apparel Group has selected DS’ ENOVIA V6 solution including the ENOVIA Apparel Accelerator for Design and Development and the ENOVIA Apparel Accelerator for Sourcing and Production to provide the foundation for managing the company’s key business processes and ensuring the delivery of new product lines.
On September 1st, DS SolidWorks unveiled the SolidWorks® 2010 product line, a new set of software products that optimize the core product design functions that make designers and engineers successful every day. Through the use of CAD, simulation, data management, documentation, and environmental impact assessment, organizations will transform their inspirations into innovation, supported by a vibrant community of CAD users, content, technology, and expertise. This new SolidWorks product line also improves depth and performance by extending the DS SolidWorks tradition of including hundreds of new enhancements specifically requested by customers.
In September DS launched 3DVIA Mobile, an iPhone and iPod touch application that allows users to search, share and interact with the growing library of high quality 3D models on www.3DVIA.com. The addition of 3DVIA Mobile brings 3DVIA a powerful platform for delivering unique, online 3D experiences, directly into the hands of a fast growing community of mobile users. With 3DVIA Mobile, users can find realistic 3D content from DS’ library and immediately enrich their photos, right on the iPhone. They download and position the model on a picture for an instant 3D mash-up that blends 3D digital data with the physical world.
On August 11th, DS announced it was selected by Dana Holding Corporation for design simulation management. Dana Holding Corporation, a global vehicular supplier, has selected SIMULIA SLM as its simulation lifecycle management solution to enhance product development decision-making processes and support key business objectives.
Business Outlook
Thibault de Tersant, Senior Executive Vice President and CFO, commented, “We were pleased to deliver strong sequential growth in both earnings and operating margin in spite of the seasonal sequential decrease in revenue. Through the dedicated efforts of all our employees worldwide we have been able to achieve €100 million in cost savings year-to-date, ahead of our plans.
“Based upon our current visibility we think it is realistic to target a full year revenue objective of about €1.24 to €1.27 billion, which is just €10 million below our former objective. Thanks to our cost reduction results, we are reconfirming our non-IFRS operating margin objective of about 25% and our non-IFRS earnings objective of €1.76 to €1.91.
“The proposed acquisition of IBM PLM, which is expected to be completed during the 2010 second quarter, should be accretive to both our earnings and operating margin on a non-IFRS basis and will be instrumental to support our long-term growth strategy.”
The Company’s objectives are prepared and communicated only on a non-IFRS basis and are subject to the cautionary statement set forth below. The Company’s current objectives are the following:
* Fourth quarter 2009 non-IFRS total revenue objective range of about €325 to €355 million and non-IFRS EPS range of about €0.58 to €0.73;
* 2009 non-IFRS total revenue objective growth range of about (10%) to (7%) in constant currencies (€1.24 to €1.27 billion based upon the 2009 currency exchange rate assumptions below);
* 2009 non-IFRS operating margin of about 25%;
* 2009 non-IFRS EPS range of about €1.76 to €1.91;
* Objectives are based upon exchange rate assumptions for the 2009 fourth quarter of US$1.50 per €1.00 and JPY140 per €1.00 and a full year average of US$1.40 per €1.00 and JPY132 per €1.00.
The non-IFRS objectives set forth above do not take into account the following accounting elements and are estimated based upon the 2009 currency exchange rates above: (i) deferred revenue write-downs estimated at approximately €1 million for 2009; (ii) share-based compensation expense estimated at approximately €22 million for 2009, and (iii) amortization of acquired intangibles estimated at approximately €42 million for 2009. The above objectives do not include any impact from other operating income and expense, net principally comprised of restructuring expenses. These estimates also do not include any new stock option or share grants, or any new acquisitions or restructurings completed after October 29, 2009.
PARIS - Dassault Systèmes has reported IFRS unaudited financial results for the third quarter and nine-month periods ended September 30, 2009, in accordance with Article L.451-1-2 IV of the French Monetary and Financial Code (Code Monétaire et Financier). These results have been reviewed by the Company’s Board of Directors.
Third Quarter 2009 non-IFRS revenue results in line with DS Q3 objectives; non-IFRS EPS and non-IFRS operating margin above on strong cost controls; cost-savings reach €100 million year-to-date, ahead of plan. Net operating cash flow of €234 million year-to-date; cash and short-term investments of €975 million. As recently announced DS plans to acquire the IBM PLM business operations (“IBM PLM”) for approximately $600 million.
Bernard Charlès, Dassault Systèmes President and Chief Executive Officer, commented, “More than ever, this quarter illustrates our ongoing commitment to reconcile short-term execution and long-term strategy.
“Looking at the third quarter, the environment continued to be challenging, similar to the second quarter.
Against this reality, our earnings and operating margin results came in above our objectives on in-line revenue results, thanks to the strong execution of our cost savings program. We are on track to not only achieve, but in fact to exceed our full year savings target, all while maintaining our R&D and customer support investments in all the industries we serve.
“The agreement with IBM is very timely to get closer to our clients delivering unique V6 value for sustainable innovation and expand our partnership with IBM in services, flexible financing and new enterprise infrastructure.”
Cash Flow and Other Financial Highlights
IFRS net operating cash flow was €56.6 million and €233.9 million for the three- and nine-month periods ended September 30, 2009, respectively.
Cash and short-term investments totaled €975.0 million at September 30, 2009, compared to €840.4 million at December 31, 2008. The Company’s net financial position amounted to €774.8 million at September 30, 2009, net of outstanding debt consisting of €200.2 million of financial long-term debt.
Key Business and Corporate Highlights
On October 26th, Dassault Systèmes and IBM announced their intent to integrate the IBM PLM sales force within DS and to sign a new global alliance to expand PLM in all industries. DS and IBM signed a definitive agreement whereby DS would acquire the IBM sales and client support business operations encompassing DS PLM software application portfolio, as well as customer contracts and related assets (“IBM PLM”), for approximately $600 million in cash. DS and IBM also defined the next steps in their long-standing relationship, with plans to establish DS as a strategic IBM global alliance partner and to expand their services partnership.
On October 21st, DS announced that HydroChina Chengdu Engineering Corporation (CHIDI), one of China’s largest hydropower investigation and design enterprises, has successfully implemented Dassault Systèmes’ PLM solutions to facilitate investigation, design, and collaborative management of hydropower plants. CHIDI has significantly shortened project timelines, reduced total costs, and improved the collaboration between cross-functional teams of designers and engineers.
On September 1st, DS announced that Boston Apparel Group has selected DS’ ENOVIA V6 solution including the ENOVIA Apparel Accelerator for Design and Development and the ENOVIA Apparel Accelerator for Sourcing and Production to provide the foundation for managing the company’s key business processes and ensuring the delivery of new product lines.
On September 1st, DS SolidWorks unveiled the SolidWorks® 2010 product line, a new set of software products that optimize the core product design functions that make designers and engineers successful every day. Through the use of CAD, simulation, data management, documentation, and environmental impact assessment, organizations will transform their inspirations into innovation, supported by a vibrant community of CAD users, content, technology, and expertise. This new SolidWorks product line also improves depth and performance by extending the DS SolidWorks tradition of including hundreds of new enhancements specifically requested by customers.
In September DS launched 3DVIA Mobile, an iPhone and iPod touch application that allows users to search, share and interact with the growing library of high quality 3D models on www.3DVIA.com. The addition of 3DVIA Mobile brings 3DVIA a powerful platform for delivering unique, online 3D experiences, directly into the hands of a fast growing community of mobile users. With 3DVIA Mobile, users can find realistic 3D content from DS’ library and immediately enrich their photos, right on the iPhone. They download and position the model on a picture for an instant 3D mash-up that blends 3D digital data with the physical world.
On August 11th, DS announced it was selected by Dana Holding Corporation for design simulation management. Dana Holding Corporation, a global vehicular supplier, has selected SIMULIA SLM as its simulation lifecycle management solution to enhance product development decision-making processes and support key business objectives.
Business Outlook
Thibault de Tersant, Senior Executive Vice President and CFO, commented, “We were pleased to deliver strong sequential growth in both earnings and operating margin in spite of the seasonal sequential decrease in revenue. Through the dedicated efforts of all our employees worldwide we have been able to achieve €100 million in cost savings year-to-date, ahead of our plans.
“Based upon our current visibility we think it is realistic to target a full year revenue objective of about €1.24 to €1.27 billion, which is just €10 million below our former objective. Thanks to our cost reduction results, we are reconfirming our non-IFRS operating margin objective of about 25% and our non-IFRS earnings objective of €1.76 to €1.91.
“The proposed acquisition of IBM PLM, which is expected to be completed during the 2010 second quarter, should be accretive to both our earnings and operating margin on a non-IFRS basis and will be instrumental to support our long-term growth strategy.”
The Company’s objectives are prepared and communicated only on a non-IFRS basis and are subject to the cautionary statement set forth below. The Company’s current objectives are the following:
* Fourth quarter 2009 non-IFRS total revenue objective range of about €325 to €355 million and non-IFRS EPS range of about €0.58 to €0.73;
* 2009 non-IFRS total revenue objective growth range of about (10%) to (7%) in constant currencies (€1.24 to €1.27 billion based upon the 2009 currency exchange rate assumptions below);
* 2009 non-IFRS operating margin of about 25%;
* 2009 non-IFRS EPS range of about €1.76 to €1.91;
* Objectives are based upon exchange rate assumptions for the 2009 fourth quarter of US$1.50 per €1.00 and JPY140 per €1.00 and a full year average of US$1.40 per €1.00 and JPY132 per €1.00.
The non-IFRS objectives set forth above do not take into account the following accounting elements and are estimated based upon the 2009 currency exchange rates above: (i) deferred revenue write-downs estimated at approximately €1 million for 2009; (ii) share-based compensation expense estimated at approximately €22 million for 2009, and (iii) amortization of acquired intangibles estimated at approximately €42 million for 2009. The above objectives do not include any impact from other operating income and expense, net principally comprised of restructuring expenses. These estimates also do not include any new stock option or share grants, or any new acquisitions or restructurings completed after October 29, 2009.
Filed under:
Dassault,
Financials
Stratasys registers $24.3 m Q3 Revenue and $1.6 m net income
Q3 Cash Flow from Operations Totals $8.7 Million.
MINNEAPOLIS- - Stratasys, Inc today announced third quarter financial results. Revenue was $24.3 million for the third quarter ended September 30, 2009 versus $30.6 million reported for the same period in 2008. System shipments totaled 454 units for the third quarter of 2009, versus 497 for the same period last year.
The company reported net income of $1.6 million for the third quarter, or $0.08 per share, compared to net income of $3.7 million, or $0.18 per share, for the same period last year.
“We are pleased with our third quarter performance when considering the unprecedented economic environment and given the seasonal weakness we generally observe during the summer period,” said Scott Crump, chairman and chief executive officer of Stratasys. “We are especially pleased with the strong cash flow from operations of $8.7 million for the third quarter, which stemmed from significant improvements in managing our working capital.
“Fortus system sales were consistent with levels in the second quarter, and we observed relatively strong sales of our higher-priced 3D printers. Although our lower-priced 3D printer, the uPrint, remained our best selling printer in the third quarter, our channel partners were often successful in up-selling to 3D printers with more features and system functionality. This trend contributed to a significant sequential improvement in our margins."
Non-GAAP net income, which excludes certain discrete items and stock-based compensation expense, was $1.8 million, or $0.09 per share, for the third quarter of 2009 compared to $4.0 million, or $0.19 per share, for the same period last year.
Stock-based compensation expense was approximately $210,000 net of tax, or $0.01 per share, for the third quarter of 2009, and approximately $238,000 net of tax, or $0.01 per share, for the same period last year.
Cash flow from operations totaled $8.7 million for the third quarter. The company had approximately $60 million in cash and investments as of the end of September 2009.
Revenue was $72.1 million for the nine-month period ended September 30, 2009 versus $92.6 million reported for the same period in 2008. System shipments totaled 1,487 units for the nine-month period of 2009, versus 1,614 for the same period last year.
The company reported net income of $1.7 million for the nine-month period of 2009, or $0.09 per share, compared to net income of $11.6 million, or $0.54 per share, for the same period last year.
Non-GAAP net income, which excludes certain discrete items and stock-based compensation expense, was $2.8 million, or $0.14 per share, for the nine-month period of 2009 compared to $12.7 million, or $0.59 per share, for the same period last year.
The nine-month period of 2009 included a discrete item related to a restructuring expense of approximately $512,000 net of tax, or $0.03 per share. This expense was associated with cost-reduction measures the company implemented during the first quarter of 2009.
The nine-month period of 2008 included a discrete item related to an impairment charge of approximately $288,000 net of tax, or $0.01 per share. This non-operating charge was an adjustment to the fair value of an auction rate security taken in 2008.
Stock-based compensation expense was approximately $569,000 net of tax, or $0.03 per share, for the nine-month period of 2009, and approximately $767,000 net of tax, or $0.04 per share, for the same period last year.
Appropriate reconciliations between GAAP and non-GAAP financial measures are provided in a table at the end of this press release. The table provides itemized detail of the impairment charge and restructuring expense, as well as the stock-based compensation expense used to determine non-GAAP financial measures.
“Our resellers continue to observe a recovery in channel activity as economic conditions improve. We are gaining traction for new direct digital manufacturing applications within Fortus, and we remain on track to broaden our distribution strategy within 3D printing. While we are pleased with the sales mix that favored our higher-priced 3D printers, our top priority remains expanding the distribution of our more affordable 3D printing products. We are making progress in implementing a strategy to meet this goal," Scott Crump said.
“We believe our results over the past nine months suggest a building of positive momentum. This momentum is a combination of our successful go-to-market strategy combined with the incremental improvements in economic conditions, and prudent cost-reduction measures we implemented over the past year. Once again, we have strengthened our financial position substantially following our third quarter and now maintain almost $60 million in cash and investments.
“We believe our competitive position has improved during the economic downturn, as our financial strength has allowed us to remain committed to our long-term goals and objectives. While the near-term economic outlook remains challenging, we are encouraged by the positive signs within our channel, and are cautiously optimistic as we move into the fourth quarter. Most importantly, we are excited about new programs we hope to initiate over the coming quarters, and we remain confident in our long-term growth opportunities,” Crump concluded.
MINNEAPOLIS- - Stratasys, Inc today announced third quarter financial results. Revenue was $24.3 million for the third quarter ended September 30, 2009 versus $30.6 million reported for the same period in 2008. System shipments totaled 454 units for the third quarter of 2009, versus 497 for the same period last year.
The company reported net income of $1.6 million for the third quarter, or $0.08 per share, compared to net income of $3.7 million, or $0.18 per share, for the same period last year.
“We are pleased with our third quarter performance when considering the unprecedented economic environment and given the seasonal weakness we generally observe during the summer period,” said Scott Crump, chairman and chief executive officer of Stratasys. “We are especially pleased with the strong cash flow from operations of $8.7 million for the third quarter, which stemmed from significant improvements in managing our working capital.
“Fortus system sales were consistent with levels in the second quarter, and we observed relatively strong sales of our higher-priced 3D printers. Although our lower-priced 3D printer, the uPrint, remained our best selling printer in the third quarter, our channel partners were often successful in up-selling to 3D printers with more features and system functionality. This trend contributed to a significant sequential improvement in our margins."
Non-GAAP net income, which excludes certain discrete items and stock-based compensation expense, was $1.8 million, or $0.09 per share, for the third quarter of 2009 compared to $4.0 million, or $0.19 per share, for the same period last year.
Stock-based compensation expense was approximately $210,000 net of tax, or $0.01 per share, for the third quarter of 2009, and approximately $238,000 net of tax, or $0.01 per share, for the same period last year.
Cash flow from operations totaled $8.7 million for the third quarter. The company had approximately $60 million in cash and investments as of the end of September 2009.
Revenue was $72.1 million for the nine-month period ended September 30, 2009 versus $92.6 million reported for the same period in 2008. System shipments totaled 1,487 units for the nine-month period of 2009, versus 1,614 for the same period last year.
The company reported net income of $1.7 million for the nine-month period of 2009, or $0.09 per share, compared to net income of $11.6 million, or $0.54 per share, for the same period last year.
Non-GAAP net income, which excludes certain discrete items and stock-based compensation expense, was $2.8 million, or $0.14 per share, for the nine-month period of 2009 compared to $12.7 million, or $0.59 per share, for the same period last year.
The nine-month period of 2009 included a discrete item related to a restructuring expense of approximately $512,000 net of tax, or $0.03 per share. This expense was associated with cost-reduction measures the company implemented during the first quarter of 2009.
The nine-month period of 2008 included a discrete item related to an impairment charge of approximately $288,000 net of tax, or $0.01 per share. This non-operating charge was an adjustment to the fair value of an auction rate security taken in 2008.
Stock-based compensation expense was approximately $569,000 net of tax, or $0.03 per share, for the nine-month period of 2009, and approximately $767,000 net of tax, or $0.04 per share, for the same period last year.
Appropriate reconciliations between GAAP and non-GAAP financial measures are provided in a table at the end of this press release. The table provides itemized detail of the impairment charge and restructuring expense, as well as the stock-based compensation expense used to determine non-GAAP financial measures.
“Our resellers continue to observe a recovery in channel activity as economic conditions improve. We are gaining traction for new direct digital manufacturing applications within Fortus, and we remain on track to broaden our distribution strategy within 3D printing. While we are pleased with the sales mix that favored our higher-priced 3D printers, our top priority remains expanding the distribution of our more affordable 3D printing products. We are making progress in implementing a strategy to meet this goal," Scott Crump said.
“We believe our results over the past nine months suggest a building of positive momentum. This momentum is a combination of our successful go-to-market strategy combined with the incremental improvements in economic conditions, and prudent cost-reduction measures we implemented over the past year. Once again, we have strengthened our financial position substantially following our third quarter and now maintain almost $60 million in cash and investments.
“We believe our competitive position has improved during the economic downturn, as our financial strength has allowed us to remain committed to our long-term goals and objectives. While the near-term economic outlook remains challenging, we are encouraged by the positive signs within our channel, and are cautiously optimistic as we move into the fourth quarter. Most importantly, we are excited about new programs we hope to initiate over the coming quarters, and we remain confident in our long-term growth opportunities,” Crump concluded.
Filed under:
Financials,
Stratasys
Oct 28, 2009
Geometric Limited's French subsidiary Adds HyperWorks Suite as a Preferred CAE Tool Set
TROY, Mich - Altair Engineering announced today that Geometric SAS, the French subsidiary of Geometric Limited has added the HyperWorks platform to its preferred set of CAE tools. HyperWorks will be used to provide finite element (FE), optimization, and modeling services to all of Geometric’s European customers, especially in the automotive industry.
“Geometric SAS has been using HyperWorks for over a year now and benefitted by its unparalleled speed and flexibility. HyperWorks allows us to develop and compare many design conditions in a highly interactive and visual environment. Its ability to handle large models allows a much finer mesh, and simulations that are precise. HyperWorks’ graphical user interface is easy to learn, and supports the direct use of CAD geometry and existing finite element models, thus reducing redundancy,” said Avinash Salelkar, vice president and head of the Engineering Services business at Geometric.
“The HyperWorks license will be used to provide FEA and FEM services to our European customers in the automotive domain. As part of Geometric’s global engineering initiatives, work gets distributed amongst its delivery centers across the globe. Geometric SAS finally collates the data and performs a final check before the delivery to the client, this is a part of the direct FEA/FEM engagements that our French operations have,” Said Salelkar.
"We are pleased that Geometric SAS has quickly realized business benefits from its selection of HyperWorks," said Mauro Guglielminotti, managing director, Altair Engineering in France. "The value of the HyperWorks business model, its broad application scope, and open-architecture design enables engineering service companies, like Geometric, to more easily address the varied engineering requirements that are inherent with organizations that have diverse client bases."
“Geometric SAS has been using HyperWorks for over a year now and benefitted by its unparalleled speed and flexibility. HyperWorks allows us to develop and compare many design conditions in a highly interactive and visual environment. Its ability to handle large models allows a much finer mesh, and simulations that are precise. HyperWorks’ graphical user interface is easy to learn, and supports the direct use of CAD geometry and existing finite element models, thus reducing redundancy,” said Avinash Salelkar, vice president and head of the Engineering Services business at Geometric.
“The HyperWorks license will be used to provide FEA and FEM services to our European customers in the automotive domain. As part of Geometric’s global engineering initiatives, work gets distributed amongst its delivery centers across the globe. Geometric SAS finally collates the data and performs a final check before the delivery to the client, this is a part of the direct FEA/FEM engagements that our French operations have,” Said Salelkar.
"We are pleased that Geometric SAS has quickly realized business benefits from its selection of HyperWorks," said Mauro Guglielminotti, managing director, Altair Engineering in France. "The value of the HyperWorks business model, its broad application scope, and open-architecture design enables engineering service companies, like Geometric, to more easily address the varied engineering requirements that are inherent with organizations that have diverse client bases."
Filed under:
Altair,
Geometric,
HyperWorks
Delcam adds PartAligner and Tubing modules to PowerINSPECT
Delcam has added two new options for its PowerINSPECT inspection software. PowerINSPECT PartAligner can be used with portable inspection equipment to simplify set-up operations for machine tools. It is similar to the automated position compensation provided by NC-PartLocator for machine tools with probing systems, but uses a separate measuring device. PowerINSPECT Tubing makes it easier to inspect pipework and tubing. Both of the new options will increase the range of applications for PowerINSPECT and so reinforce its position as the world’s leading hardware-independent inspection software.
PartAligner
PartAligner uses the alignment functionality from PowerINSPECT to find exactly where a part is located on a machine tool from a series of measurements. It will normally be used with a portable inspection device positioned on or beside the machine. Typically, this will be an inspection arm for medium-sized components or an optical device for very large tooling. The measured position is then compared with the datum used in the CAM system to program the component. The results can be used to update a project in Delcam’s PowerMILL CAM system by adjusting the datum position and orientation. Alternatively the data can be applied directly to change the offsets in the machine-tool control so that they reflect the measured position of the component rather than the nominal value in the programming software.
Using PartAligner with an independent inspection device overcomes any concerns that might arise from using a machine tool to check its own performance. It is also very flexible as the same inspection equipment can be used on a number of machine tools, in addition to its normal inspection duties. However, an extra step is needed when setting up the system. Each time the device is moved, it must be referenced against an item having known machine-tool coordinates before being used to measure the part position.
The main benefit is in reducing the time and variability associated with fine manual adjustment of the part set-up. PartAligner allows independent inspection to be carried out and positional problems to be corrected much more quickly and easily, especially with larger and heavier parts.
PowerINSPECT Tubing
The new PowerINSPECT Tubing module makes it easier to inspect tubing and pipes, especially when these are part of a larger assembly. Specialist software is available for tubing inspection but this generally doesn’t allow the measurement of other types of geometry, so two different and potentially incompatible systems may be required. PowerINSPECT Tubing makes it easier to inspect this specialised pipe geometry together with other components using a single software program. The Tubing module can be used on the full range of inspection equipment supported by the main PowerINSPECT programme, including manual and CNC CMMs, and inspection arms and other portable devices.
To operate the tubing module, the user simply enters the number of straight sections and their points of intersection. The other features and nominal values are automatically calculated. The module creates the overall design within PowerINSPECT and sets the nominal values to be measured. The inspection can then be undertaken as usual.
The main applications for the module are expected to be for portable inspection solutions used in the oil and gas industry, where pipework is often combined with other components.
PartAligner
PartAligner uses the alignment functionality from PowerINSPECT to find exactly where a part is located on a machine tool from a series of measurements. It will normally be used with a portable inspection device positioned on or beside the machine. Typically, this will be an inspection arm for medium-sized components or an optical device for very large tooling. The measured position is then compared with the datum used in the CAM system to program the component. The results can be used to update a project in Delcam’s PowerMILL CAM system by adjusting the datum position and orientation. Alternatively the data can be applied directly to change the offsets in the machine-tool control so that they reflect the measured position of the component rather than the nominal value in the programming software.
Using PartAligner with an independent inspection device overcomes any concerns that might arise from using a machine tool to check its own performance. It is also very flexible as the same inspection equipment can be used on a number of machine tools, in addition to its normal inspection duties. However, an extra step is needed when setting up the system. Each time the device is moved, it must be referenced against an item having known machine-tool coordinates before being used to measure the part position.
The main benefit is in reducing the time and variability associated with fine manual adjustment of the part set-up. PartAligner allows independent inspection to be carried out and positional problems to be corrected much more quickly and easily, especially with larger and heavier parts.
PowerINSPECT Tubing
The new PowerINSPECT Tubing module makes it easier to inspect tubing and pipes, especially when these are part of a larger assembly. Specialist software is available for tubing inspection but this generally doesn’t allow the measurement of other types of geometry, so two different and potentially incompatible systems may be required. PowerINSPECT Tubing makes it easier to inspect this specialised pipe geometry together with other components using a single software program. The Tubing module can be used on the full range of inspection equipment supported by the main PowerINSPECT programme, including manual and CNC CMMs, and inspection arms and other portable devices.
To operate the tubing module, the user simply enters the number of straight sections and their points of intersection. The other features and nominal values are automatically calculated. The module creates the overall design within PowerINSPECT and sets the nominal values to be measured. The inspection can then be undertaken as usual.
The main applications for the module are expected to be for portable inspection solutions used in the oil and gas industry, where pipework is often combined with other components.
Filed under:
Delcam
New Change Manager Functionality in Autodesk Inventor Fusion Technology Preview
Provides Bidirectional Workflows and Unrivaled Ease of Use.
A second Autodesk Inventor Fusion Technology Preview is now available on Autodesk Labs. This technology preview provides groundbreaking Digital Prototyping capabilities that unite direct and parametric modeling workflows within a single digital model created in Autodesk Inventor software.
It adds new functionality based on user feedback, and with the introduction of bidirectional workflows, the new Inventor Fusion Technology Preview unites both the power and control of parametric, history-based modeling and the freedom and ease-of-use productivity advantages of direct modeling.
Users no longer have to choose between these modeling approaches to solve design problems. The new Inventor Fusion Technology Preview provides the freedom to choose the best modeling approach for the task at hand, and then move back and forth as necessary.
* One of the key new features in Inventor Fusion Technology Preview is the change manager functionality*, which enables users to edit a model in Inventor Fusion and then move it into Autodesk Inventor software, automatically updating the model if the user decides to accept the changes. As a result, users can experience smooth, bidirectional parametric and direct modeling workflows without being forced into one approach or the other.
* The technology preview also debuts a new moderated Wiki Help site that enables users to more effectively collaborate, troubleshoot and share ideas and reference materials. Users can add or edit help information and share videos, best practices, tips, tricks, tutorials, comments, tags and Web widgets.
* Refinements and enhancements to the user interface, sketching and modeling tools, and underlying graphics technology help to boost productivity and increase ease of use.
The technology preview download is currently available in the following geographical locations: Australia, Austria, Belgium, Brazil, Canada, China, France, Germany, Ireland, Italy, Japan, Luxembourg, New Zealand, Singapore, South Africa, Switzerland, United Kingdom and United States. Autodesk may also plans to expand availability to other locations in the future.
The technology preview executable expires on June 1, 2010. To download a copy, visit www.inventorfusion.com
*Note: Inventor Fusion change manager functionality is currently only included with the Inventor Fusion Technology Preview download. It applies only to original Inventor data and can be activated only if Autodesk Inventor 2010 (Subscription version) is installed.
A second Autodesk Inventor Fusion Technology Preview is now available on Autodesk Labs. This technology preview provides groundbreaking Digital Prototyping capabilities that unite direct and parametric modeling workflows within a single digital model created in Autodesk Inventor software.
It adds new functionality based on user feedback, and with the introduction of bidirectional workflows, the new Inventor Fusion Technology Preview unites both the power and control of parametric, history-based modeling and the freedom and ease-of-use productivity advantages of direct modeling.
Users no longer have to choose between these modeling approaches to solve design problems. The new Inventor Fusion Technology Preview provides the freedom to choose the best modeling approach for the task at hand, and then move back and forth as necessary.
* One of the key new features in Inventor Fusion Technology Preview is the change manager functionality*, which enables users to edit a model in Inventor Fusion and then move it into Autodesk Inventor software, automatically updating the model if the user decides to accept the changes. As a result, users can experience smooth, bidirectional parametric and direct modeling workflows without being forced into one approach or the other.
* The technology preview also debuts a new moderated Wiki Help site that enables users to more effectively collaborate, troubleshoot and share ideas and reference materials. Users can add or edit help information and share videos, best practices, tips, tricks, tutorials, comments, tags and Web widgets.
* Refinements and enhancements to the user interface, sketching and modeling tools, and underlying graphics technology help to boost productivity and increase ease of use.
The technology preview download is currently available in the following geographical locations: Australia, Austria, Belgium, Brazil, Canada, China, France, Germany, Ireland, Italy, Japan, Luxembourg, New Zealand, Singapore, South Africa, Switzerland, United Kingdom and United States. Autodesk may also plans to expand availability to other locations in the future.
The technology preview executable expires on June 1, 2010. To download a copy, visit www.inventorfusion.com
*Note: Inventor Fusion change manager functionality is currently only included with the Inventor Fusion Technology Preview download. It applies only to original Inventor data and can be activated only if Autodesk Inventor 2010 (Subscription version) is installed.
Filed under:
Autodesk
Call for Papers is Now Open for ESI Global Forum 2010
Worldwide Conference and Exhibition on Simulation-Based Design and Virtual Prototyping.
PARIS - ESI Group announced today its first global users’ conference and exhibition on Simulation-Based Design and Virtual Prototyping - ESI Global Forum 2010 - which will take place on May 19-20, 2010 in Munich, Germany.
Designed specifically for ESI customers and experts in Simulation-Based Design and Computer-Aided Engineering (CAE), ESI Global Forum 2010 provides a unique opportunity to share best practices, challenges and successes in virtual prototyping with ESI’s industry-leading simulation software solutions. In addition to learning from simulation specialists from around the world, attendees will get a sneak peak at ESI's latest developments and advances in simulation.
Beyond enabling Simulation-Based Design for industries ranging from automotive to aerospace, energy, defense and electronics, ESI Global Forum 2010 will address digital simulation best practices as well as the methodology and processes to get the virtual job done ‘at the right time’.
The call for papers is now open!
Designers, engineers, analysts and management personnel from customer and partner companies in all industries are invited to take an active part in the conference by presenting papers highlighting innovative uses of Simulation-Based Design technology or methods to implement successful End-to-End Virtual Prototyping.
Guidelines on Abstract and Paper Submission are available at: www.esi-group.com/globalforum2010.
The event is free of charge for all approved speakers.
“We are happy to announce our first global users’ conference and exhibition on Simulation-Based Design and Virtual Prototyping”, said Haluk Menderes, Executive Vice President, Sales & Marketing – Worldwide Operations, ESI Group. “ESI Global Forum will bring together professionals from worldwide academia and industry and will be the platform for sharing experiences and best practices. ESI Worldwide team is thereby looking forward to seeing you in Munich in May.”
PARIS - ESI Group announced today its first global users’ conference and exhibition on Simulation-Based Design and Virtual Prototyping - ESI Global Forum 2010 - which will take place on May 19-20, 2010 in Munich, Germany.
Designed specifically for ESI customers and experts in Simulation-Based Design and Computer-Aided Engineering (CAE), ESI Global Forum 2010 provides a unique opportunity to share best practices, challenges and successes in virtual prototyping with ESI’s industry-leading simulation software solutions. In addition to learning from simulation specialists from around the world, attendees will get a sneak peak at ESI's latest developments and advances in simulation.
Beyond enabling Simulation-Based Design for industries ranging from automotive to aerospace, energy, defense and electronics, ESI Global Forum 2010 will address digital simulation best practices as well as the methodology and processes to get the virtual job done ‘at the right time’.
The call for papers is now open!
Designers, engineers, analysts and management personnel from customer and partner companies in all industries are invited to take an active part in the conference by presenting papers highlighting innovative uses of Simulation-Based Design technology or methods to implement successful End-to-End Virtual Prototyping.
Guidelines on Abstract and Paper Submission are available at: www.esi-group.com/globalforum2010.
The event is free of charge for all approved speakers.
“We are happy to announce our first global users’ conference and exhibition on Simulation-Based Design and Virtual Prototyping”, said Haluk Menderes, Executive Vice President, Sales & Marketing – Worldwide Operations, ESI Group. “ESI Global Forum will bring together professionals from worldwide academia and industry and will be the platform for sharing experiences and best practices. ESI Worldwide team is thereby looking forward to seeing you in Munich in May.”
Filed under:
ESI
PTC reports FY’09 Revenue of $938.2 million and non-GAAP EPS of $0.80
NEEDHAM, Mass: PTC, today reported results for its fourth fiscal quarter and full fiscal year ended September 30, 2009.
Highlights
* Q4 Results: Revenue of $246.3 million and non-GAAP EPS of $0.30
o Non-GAAP operating margin of 18.4%; GAAP operating margin of 6.2%
o GAAP EPS of $0.13, including $6.3 million restructuring charge to reduce operating expenses
o Relative to Q4 guidance, currency was favorable to revenue by approximately $1.6 million and unfavorable to expenses by approximately $0.7 million
* FY’09 Results: Revenue of $938.2 million and non-GAAP EPS of $0.80
o Non-GAAP operating margin of 12.9%; GAAP operating margin of 2.1%
o GAAP EPS of $0.27, including $22.7 million in restructuring charges to reduce operating expenses
* FY 2010 Targets: Revenue of approximately $980 million and non-GAAP EPS of approximately $0.96
o Non-GAAP operating margin of approximately 15%; GAAP operating margin of approximately 7%
o GAAP EPS of approximately $0.43
o Assumes $1.46 USD / EURO
* Q1 Guidance: Revenue of $230 to $240 million and non-GAAP EPS of $0.12 to $0.18
o GAAP EPS of ($0.02) to $0.04
o Assumes $1.46 USD / EURO
The Q4 non-GAAP results exclude a $6.3 million restructuring charge, $14.6 million of stock-based compensation expense, $9.2 million of acquisition-related intangible asset amortization and $10.3 million of income tax adjustments. The Q4 results include a non-GAAP tax rate of 21% and a GAAP tax benefit rate of 7%.
The FY’09 non-GAAP results exclude a $22.7 million restructuring charge, $43.3 million of stock-based compensation expense, $35.6 million of acquisition-related intangible asset amortization and acquired in-process research and development expenses and $39.6 million of income tax adjustments. The FY’09 results include a non-GAAP tax rate of 21% and a GAAP tax benefit rate of 84%.
C. Richard Harrison, chairman and chief executive officer, commented, “We exit fiscal 2009 on solid financial footing with a product portfolio that has never been in better shape. Our decision to invest in R&D through the downturn is paying off as we are seeing some very encouraging signs of market momentum, especially as it relates to our Windchill product suite.”
“Our constant currency non-GAAP FY’09 revenue was down 9% compared to last year,” continued Harrison. “While license revenue was down 34%, maintenance and services revenue were up 3% and 1%, respectively, highlighting the stability of our business model and the support of a solid customer base. We are continuing to see positive sequential data points: 1) we again delivered license revenue growth in all of our major geographies except Japan, 2) we had better license and total revenue in North America than we did in Q4’08, which was PTC’s best revenue quarter ever, 3) we won 2 additional strategically important “domino” accounts, and 4) we also had a number of other large Windchill competitive wins during Q4.”
“Our pipeline for new business opportunities remains strong and lead times to close enterprise deals seem to be shortening,” continued Harrison. “We received major orders from leading organizations such as AVIC, Carrier, Deere & Company, General Atomics, Ingersoll Rand, ITT Corporation, and Stryker.”
James Heppelmann, president and chief operating officer added, “We remain focused on expanding and leveraging our technology leadership position. We have significant further enhancements underway for Windchill, Pro/ENGINEER, Arbortext, Windchill ProductPoint, and our other core products. We also continue to add to the breadth of our portfolio with future enhancements to our social product development initiative and our product analytics platform, which we launched in FY’09, and remain on target to launch our embedded software and program portfolio management platforms in FY’10. We are very optimistic about the long-term opportunity for PTC and will continue to make strategic investments that we believe are critical to delivering value to our customers and gaining market share, while remaining committed to our goal of 20% non-GAAP EPS growth for 2010 and beyond.”
Neil Moses, chief financial officer, commented, “Our Q4 operating margins and EPS were stronger than expected primarily due to stronger than expected license revenue. Our balance sheet remains solid with $235 million of cash, up from $231 million in Q3 primarily due to strong license sales. We also have an additional $172 million available on our revolving credit facility.”
“Looking forward to FY’10, we are establishing a revenue target of $980 million and a non-GAAP EPS target of $0.96,” continued Moses. “We expect that the actions we took in FY’09 to right-size our business to the current economic conditions, partially offset by some incremental investment in the business in FY’10 in support of our long-term growth objectives, will allow us to improve our non-GAAP operating margin to approximately 15%.” The GAAP EPS target for FY’10 is $0.43.
“For Q1 we are initiating guidance of $230 to $240 million in revenue with non-GAAP EPS of $0.12 to $0.18,” Moses added. The Q1 guidance assumes a non-GAAP tax rate of 23%, a GAAP tax rate of 21% and 121 million diluted shares outstanding. The Q1 non-GAAP guidance excludes approximately $14 million of stock-based compensation expense, $9 million of acquisition-related intangible asset amortization expense and the related income tax effects.
The FY’10 target assumes a non-GAAP tax rate of 23%, a GAAP tax rate of 21% and 119 million diluted shares outstanding. The FY’10 non-GAAP guidance excludes approximately $49 million of stock-based compensation expense, $35 million of acquisition-related intangible asset amortization and the related income tax effects.
Highlights
* Q4 Results: Revenue of $246.3 million and non-GAAP EPS of $0.30
o Non-GAAP operating margin of 18.4%; GAAP operating margin of 6.2%
o GAAP EPS of $0.13, including $6.3 million restructuring charge to reduce operating expenses
o Relative to Q4 guidance, currency was favorable to revenue by approximately $1.6 million and unfavorable to expenses by approximately $0.7 million
* FY’09 Results: Revenue of $938.2 million and non-GAAP EPS of $0.80
o Non-GAAP operating margin of 12.9%; GAAP operating margin of 2.1%
o GAAP EPS of $0.27, including $22.7 million in restructuring charges to reduce operating expenses
* FY 2010 Targets: Revenue of approximately $980 million and non-GAAP EPS of approximately $0.96
o Non-GAAP operating margin of approximately 15%; GAAP operating margin of approximately 7%
o GAAP EPS of approximately $0.43
o Assumes $1.46 USD / EURO
* Q1 Guidance: Revenue of $230 to $240 million and non-GAAP EPS of $0.12 to $0.18
o GAAP EPS of ($0.02) to $0.04
o Assumes $1.46 USD / EURO
The Q4 non-GAAP results exclude a $6.3 million restructuring charge, $14.6 million of stock-based compensation expense, $9.2 million of acquisition-related intangible asset amortization and $10.3 million of income tax adjustments. The Q4 results include a non-GAAP tax rate of 21% and a GAAP tax benefit rate of 7%.
The FY’09 non-GAAP results exclude a $22.7 million restructuring charge, $43.3 million of stock-based compensation expense, $35.6 million of acquisition-related intangible asset amortization and acquired in-process research and development expenses and $39.6 million of income tax adjustments. The FY’09 results include a non-GAAP tax rate of 21% and a GAAP tax benefit rate of 84%.
C. Richard Harrison, chairman and chief executive officer, commented, “We exit fiscal 2009 on solid financial footing with a product portfolio that has never been in better shape. Our decision to invest in R&D through the downturn is paying off as we are seeing some very encouraging signs of market momentum, especially as it relates to our Windchill product suite.”
“Our constant currency non-GAAP FY’09 revenue was down 9% compared to last year,” continued Harrison. “While license revenue was down 34%, maintenance and services revenue were up 3% and 1%, respectively, highlighting the stability of our business model and the support of a solid customer base. We are continuing to see positive sequential data points: 1) we again delivered license revenue growth in all of our major geographies except Japan, 2) we had better license and total revenue in North America than we did in Q4’08, which was PTC’s best revenue quarter ever, 3) we won 2 additional strategically important “domino” accounts, and 4) we also had a number of other large Windchill competitive wins during Q4.”
“Our pipeline for new business opportunities remains strong and lead times to close enterprise deals seem to be shortening,” continued Harrison. “We received major orders from leading organizations such as AVIC, Carrier, Deere & Company, General Atomics, Ingersoll Rand, ITT Corporation, and Stryker.”
James Heppelmann, president and chief operating officer added, “We remain focused on expanding and leveraging our technology leadership position. We have significant further enhancements underway for Windchill, Pro/ENGINEER, Arbortext, Windchill ProductPoint, and our other core products. We also continue to add to the breadth of our portfolio with future enhancements to our social product development initiative and our product analytics platform, which we launched in FY’09, and remain on target to launch our embedded software and program portfolio management platforms in FY’10. We are very optimistic about the long-term opportunity for PTC and will continue to make strategic investments that we believe are critical to delivering value to our customers and gaining market share, while remaining committed to our goal of 20% non-GAAP EPS growth for 2010 and beyond.”
Neil Moses, chief financial officer, commented, “Our Q4 operating margins and EPS were stronger than expected primarily due to stronger than expected license revenue. Our balance sheet remains solid with $235 million of cash, up from $231 million in Q3 primarily due to strong license sales. We also have an additional $172 million available on our revolving credit facility.”
“Looking forward to FY’10, we are establishing a revenue target of $980 million and a non-GAAP EPS target of $0.96,” continued Moses. “We expect that the actions we took in FY’09 to right-size our business to the current economic conditions, partially offset by some incremental investment in the business in FY’10 in support of our long-term growth objectives, will allow us to improve our non-GAAP operating margin to approximately 15%.” The GAAP EPS target for FY’10 is $0.43.
“For Q1 we are initiating guidance of $230 to $240 million in revenue with non-GAAP EPS of $0.12 to $0.18,” Moses added. The Q1 guidance assumes a non-GAAP tax rate of 23%, a GAAP tax rate of 21% and 121 million diluted shares outstanding. The Q1 non-GAAP guidance excludes approximately $14 million of stock-based compensation expense, $9 million of acquisition-related intangible asset amortization expense and the related income tax effects.
The FY’10 target assumes a non-GAAP tax rate of 23%, a GAAP tax rate of 21% and 119 million diluted shares outstanding. The FY’10 non-GAAP guidance excludes approximately $49 million of stock-based compensation expense, $35 million of acquisition-related intangible asset amortization and the related income tax effects.
Filed under:
Financials,
PTC
Product Life Cycle Assessment for Autodesk Inventor Users with Sustainable Minds Release 1.0
CAMBRIDGE, Mass - Sustainable Minds, a greener product design software and information company, today announced that its flagship life cycle assessment product, Sustainable Minds Release 1.0, is streamlined for sharing data with Autodesk Inventor mechanical design software.
Sustainable Minds Release 1.0 is a comprehensive Web-based software and information service that enables users to apply ecodesign strategies to generate innovative and greener product concepts. Autodesk Inventor software takes manufacturers beyond 3D to Digital Prototyping, enabling them to design, visualize and simulate products before they are built.
Interoperability between Sustainable Minds Release 1.0 and Autodesk Inventor software makes it easier than ever for manufacturers to measure the environmental impact of an entire product design, including assemblies, sub-assemblies, and parts.
Manufacturers can easily import bill of materials (BOM) data from Inventor software. Multiple features simplify the data sharing process for Inventor users:
* Inventor material names have been mapped to the Okala Impact Factor database to ensure accurate identification when imported
* Consistency between Inventor software and Sustainable Minds BOM attributes
* Automatic mass unit conversion
"Thousands of users rely on Inventor software to design, visualize and simulate digital prototypes before a part is ever cut," said Robert 'Buzz' Kross, senior vice president of the Manufacturing Industry Group at Autodesk. "Now, through our close collaboration with Sustainable Minds, they can estimate the environmental and human health impacts of their design decisions. By having quantitative results early in the concept stage, engineers and designers can design greener products from the start, saving time, money and resources."
"Sustainable Minds Release 1.0 models impacts in all life cycle stages-from manufacturing and use, to end of life and transportation-making it the most comprehensive early-stage LCA software on the market," said Terry Swack, CEO and co-founder of Sustainable Minds. "By allowing Inventor users to take advantage of these capabilities so easily, we hope to make environmentally sustainable design a reality for every manufacturer."
Sustainable Minds Release 1.0 is a comprehensive Web-based software and information service that enables users to apply ecodesign strategies to generate innovative and greener product concepts. Autodesk Inventor software takes manufacturers beyond 3D to Digital Prototyping, enabling them to design, visualize and simulate products before they are built.
Interoperability between Sustainable Minds Release 1.0 and Autodesk Inventor software makes it easier than ever for manufacturers to measure the environmental impact of an entire product design, including assemblies, sub-assemblies, and parts.
Manufacturers can easily import bill of materials (BOM) data from Inventor software. Multiple features simplify the data sharing process for Inventor users:
* Inventor material names have been mapped to the Okala Impact Factor database to ensure accurate identification when imported
* Consistency between Inventor software and Sustainable Minds BOM attributes
* Automatic mass unit conversion
"Thousands of users rely on Inventor software to design, visualize and simulate digital prototypes before a part is ever cut," said Robert 'Buzz' Kross, senior vice president of the Manufacturing Industry Group at Autodesk. "Now, through our close collaboration with Sustainable Minds, they can estimate the environmental and human health impacts of their design decisions. By having quantitative results early in the concept stage, engineers and designers can design greener products from the start, saving time, money and resources."
"Sustainable Minds Release 1.0 models impacts in all life cycle stages-from manufacturing and use, to end of life and transportation-making it the most comprehensive early-stage LCA software on the market," said Terry Swack, CEO and co-founder of Sustainable Minds. "By allowing Inventor users to take advantage of these capabilities so easily, we hope to make environmentally sustainable design a reality for every manufacturer."
Filed under:
Autodesk
Autodesk releases Autodesk Constructware 2010 project management software
Enhancements Span Data Accessibility, Reporting, Usability, Flexibility and Administration.
SAN RAFAEL, Calif - Autodesk, Inc today announced the release of Autodesk Constructware 2010 project management software. As a premier solution for the construction industry, Autodesk Constructware 2010, is a software-as-a-service (SaaS) application, providing an on-demand environment for construction project management and collaboration.
"Managing high-risk construction projects requires being able to view and report on activity across all projects in a consistent, timely way," said Laura Dowling, director of information systems for WELBRO Building Corporation. "WELBRO relies on Constructware to help create workflows used by project teams, as well as corporate management, to more smoothly integrate our business processes across our portfolio. I'm excited to see Autodesk continue to improve Constructware."
"Constructware was a key part of our overall technology systems overhaul," said Jason Bentley, director of business systems for Balfour Beatty Construction. "The new features in the 2010 version will give us better access to data - enabling us to include Constructware in reporting across all our core systems."
Data Accessibility and Reporting Enhancements
Constructware 2010 offers reporting and data access improvements to help retrieve meaningful data while maintaining the integrity of project information. Key enhancements include:
* Reporting Data Download - Constructware 2010 users can now subscribe to a periodic update of their reporting data, packaged and easily downloaded.
* Bundled Reports - This new capability makes it possible to bundle reports into one convenient package.
Interoperability Enhancements
A hallmark feature of Autodesk Constructware is the flexibility to view, mark up and upload not only Autodesk file formats, but also other CAD files and office documents. Constructware 2010 continues this tradition by offering owners and contractors more options to configure the software to better fit their specific business needs, including an upgraded viewing component that now supports AutoCAD 2009 files and the latest formats produced by other design tools in the market.
Usability and Flexibility Enhancements
* User Interface Configuration - Allows customers to configure more module and field names to match their business requirements.
* Administrative Flexibility - New features make it easier to administer users and site configuration.
"Construction project management is a critical function for owners and contractors," said Rick Rundell, senior director, simulation product line, Autodesk AEC Solutions. "We are delighted to collaborate with our customers to continue evolving our Constructware offerings to better meet and anticipate their needs."
Availability
As Autodesk Constructware is a SaaS application delivered over the web, the new features are available immediately to end-users with a Subscription to Autodesk Constructware.
SAN RAFAEL, Calif - Autodesk, Inc today announced the release of Autodesk Constructware 2010 project management software. As a premier solution for the construction industry, Autodesk Constructware 2010, is a software-as-a-service (SaaS) application, providing an on-demand environment for construction project management and collaboration.
"Managing high-risk construction projects requires being able to view and report on activity across all projects in a consistent, timely way," said Laura Dowling, director of information systems for WELBRO Building Corporation. "WELBRO relies on Constructware to help create workflows used by project teams, as well as corporate management, to more smoothly integrate our business processes across our portfolio. I'm excited to see Autodesk continue to improve Constructware."
"Constructware was a key part of our overall technology systems overhaul," said Jason Bentley, director of business systems for Balfour Beatty Construction. "The new features in the 2010 version will give us better access to data - enabling us to include Constructware in reporting across all our core systems."
Data Accessibility and Reporting Enhancements
Constructware 2010 offers reporting and data access improvements to help retrieve meaningful data while maintaining the integrity of project information. Key enhancements include:
* Reporting Data Download - Constructware 2010 users can now subscribe to a periodic update of their reporting data, packaged and easily downloaded.
* Bundled Reports - This new capability makes it possible to bundle reports into one convenient package.
Interoperability Enhancements
A hallmark feature of Autodesk Constructware is the flexibility to view, mark up and upload not only Autodesk file formats, but also other CAD files and office documents. Constructware 2010 continues this tradition by offering owners and contractors more options to configure the software to better fit their specific business needs, including an upgraded viewing component that now supports AutoCAD 2009 files and the latest formats produced by other design tools in the market.
Usability and Flexibility Enhancements
* User Interface Configuration - Allows customers to configure more module and field names to match their business requirements.
* Administrative Flexibility - New features make it easier to administer users and site configuration.
"Construction project management is a critical function for owners and contractors," said Rick Rundell, senior director, simulation product line, Autodesk AEC Solutions. "We are delighted to collaborate with our customers to continue evolving our Constructware offerings to better meet and anticipate their needs."
Availability
As Autodesk Constructware is a SaaS application delivered over the web, the new features are available immediately to end-users with a Subscription to Autodesk Constructware.
Filed under:
Autodesk
DP Technology to exhibit ESPRIT at the Pacific Coast Machine Tool Expo
DP Technology will exhibit its ESPRIT® software Nov. 10-12 in Santa Clara, Calif., at the Pacific Coast Machine Tool Expo.
Now in its 28th year, the Pacific Coast Machine Tool Expo is touted as the most important regional event for the machine tool, industrial, and manufacturing industries. Showcasing cutting-edge technologies, the expo is a one-stop shop for the latest products and services.
ESPRIT will be exhibited at booth No.1121, where visitors will find helpful and informative representatives available to answer questions and perform demonstrations of the latest time-saving upgrades.
Designed with ease of use in mind, ESPRIT emphasizes the use of milling and, or, turning in any combination and on any type of machine tool, which means that most improvements to the software are to the benefit of all programmers.
A new concept in highly-advanced machining functionality is based on the idea that any five-axis machining function, no matter how complex, can be defined with a few simple steps. By following the same time-tested steps that programmers use when deciding how to machine 5-axis parts, an advanced CAD/CAM system can combine highly advanced milling technology with an interface that is familiar and easy to understand. This new patent-pending FreeForm 5-axis composite machining cycle in ESPRIT allows users to independently define machining patterns and tool orientation strategies to be used when creating the simultaneous 5-axis tool path, and includes 20 different machining strategies (cycles) in one, resulting in a wide range of easily manageable possibilities. The new ESPRIT composite machining cycle gives the user the ability to perform simultaneous 5-axis machining for a wide variety of different parts and industries, including aerospace, medical, and automotive, through one simple user interface.
Now in its 28th year, the Pacific Coast Machine Tool Expo is touted as the most important regional event for the machine tool, industrial, and manufacturing industries. Showcasing cutting-edge technologies, the expo is a one-stop shop for the latest products and services.
ESPRIT will be exhibited at booth No.1121, where visitors will find helpful and informative representatives available to answer questions and perform demonstrations of the latest time-saving upgrades.
Designed with ease of use in mind, ESPRIT emphasizes the use of milling and, or, turning in any combination and on any type of machine tool, which means that most improvements to the software are to the benefit of all programmers.
A new concept in highly-advanced machining functionality is based on the idea that any five-axis machining function, no matter how complex, can be defined with a few simple steps. By following the same time-tested steps that programmers use when deciding how to machine 5-axis parts, an advanced CAD/CAM system can combine highly advanced milling technology with an interface that is familiar and easy to understand. This new patent-pending FreeForm 5-axis composite machining cycle in ESPRIT allows users to independently define machining patterns and tool orientation strategies to be used when creating the simultaneous 5-axis tool path, and includes 20 different machining strategies (cycles) in one, resulting in a wide range of easily manageable possibilities. The new ESPRIT composite machining cycle gives the user the ability to perform simultaneous 5-axis machining for a wide variety of different parts and industries, including aerospace, medical, and automotive, through one simple user interface.
Filed under:
DP Technology,
ESPRIT
Visteon Announces Product sales of $1.67 billion in Third-Quarter 2009
VAN BUREN TOWNSHIP, Mich - Visteon Corporation (OTC: VSTN) today announced its third-quarter 2009 results, reporting a net loss of $38 million, or 29 cents per share, on total sales of $1.73 billion. For the third quarter of 2008, Visteon reported a net loss of $188 million, or $1.45 per share, on total sales of $2.12 billion. Adjusted EBITDA, as defined below, for third quarter 2009 was $125 million, compared with $5 million in third quarter 2008.
For the third straight quarter, Visteon's product sales, gross margin and adjusted EBITDA improved sequentially, reflecting continued benefits from restructuring and cost-saving actions along with increases in OEM vehicle production.
"Despite the difficult operating environment, our third-quarter results reflect the continued efforts of our employees to build a global framework for business success which is focused on serving our customers with innovative products and technologies," said Donald J. Stebbins, chairman and chief executive officer. "While we believe the global auto industry is recovering from historically low levels of production, there remain challenges as the industry stabilizes."
Third quarter product sales to Ford Motor Co. and Hyundai-Kia each accounted for 27 percent of total product sales. Renault-Nissan and PSA Peugeot Citroen accounted for about 10 percent and 6 percent of sales, respectively. On a regional basis, Asia accounted for about 36 percent of total product sales, with Europe representing 35 percent, North America 22 percent and the balance in South America.
Third Quarter 2009 Results
For third quarter 2009, total sales were $1.73 billion, including product sales of $1.67 billion and services revenue of $61 million. Product sales decreased by about $340 million, or 17 percent, year-over-year as the impact of foreign currency and divestitures and facility closures reduced sales by about $130 million and $90 million, respectively. Lower production, net of new business, further reduced sales by about $90 million. Aside from the Asian region where sales were largely unchanged from the prior year, Visteon experienced lower sales in all the other major regions in which it operates, reflecting decreased customer production volumes in response to weak global economic conditions.
Gross margin for third quarter 2009 was $116 million, or 6.7 percent of sales, an increase of $73 million compared with $43 million, or 2.0 percent of sales, for the same period a year ago. Favorable cost performance, reflecting ongoing operational efficiencies as well as recently implemented restructuring actions, and foreign currency more than offset the impact of lower production levels.
Selling, general and administrative expense for third quarter 2009 totaled $95 million, a decrease of $43 million, or 31 percent, compared with the same period a year ago, reflecting the benefit of significant headcount and other cost-reduction actions.
For third quarter 2009, the company reported a net loss of $38 million, or 29 cents per share. This compares with a net loss of $188 million, or $1.45 per share, in the same quarter a year ago. Restructuring and reorganization costs of $27 million and $23 million, respectively, were incurred during the quarter while reimbursement from customers totaled $4 million. Third-quarter 2008 results included $42 million of restructuring costs and $19 million of asset impairments and loss on divestiture, along with $39 million of escrow reimbursement.
Equity in net income of non-consolidated affiliates increased $21 million to $26 million in third quarter 2009 as compared to the same period in 2008, largely reflecting continued customer production increases in Asia Pacific. Income tax expense for third quarter 2009 was $18 million compared with $31 million in the same period a year ago. Adjusted EBITDA for third quarter 2009 was $125 million, compared with $5 million for third quarter 2008.
First Nine Months 2009
For the first nine months of 2009, total sales of $4.65 billion were lower by $3.2 billion, or 41 percent, compared with the same period a year earlier. For the first nine months of 2009, Visteon reported a net loss of $148 million, or $1.14 per share, compared with a net loss of $335 million, or $2.59 per share during the first nine months of 2008. Adjusted EBITDA for the first nine months of 2009 was $220 million, compared with $359 million in the same period last year.
Cash Flow and Liquidity
As of September 30, 2009, Visteon had cash balances totaling $814 million, $72 million higher than June 30, 2009 levels.
Cash generated by operating activities totaled $84 million for third quarter 2009, a $244 million improvement over the cash use of $160 million during the same period a year ago. The improvement was attributable to lower net losses, as adjusted for non-cash items, and lower trade working capital outflows. Trade working capital in the third quarter 2009 reflected, among other items, the impact of pre-petition payables that have not been settled. Capital expenditures were $29 million for third quarter 2009, compared with $76 million in third quarter 2008, reflecting the company's continued management of program investment. Free cash flow, as defined below, was $55 million for third quarter 2009, or $291 million better than 2008, which was a use of $236 million.
New Business Wins
Visteon continues to win new business despite the difficult economic environment. During the first nine months of 2009, Visteon won more than $400 million in incremental new business. On a regional basis, Asia and North America each accounted for 41 percent of the total, with Europe accounting for the remaining 18 percent.
Visteon is a leading global automotive supplier that designs, engineers and manufactures innovative climate, interior, electronic and lighting products for vehicle manufacturers, and also provides a range of products and services to aftermarket customers. With corporate offices in Van Buren Township, Mich. (U.S.); Shanghai, China; and Chelmsford, UK; the company has facilities in 26 countries and employs approximately 30,000 people.
For the third straight quarter, Visteon's product sales, gross margin and adjusted EBITDA improved sequentially, reflecting continued benefits from restructuring and cost-saving actions along with increases in OEM vehicle production.
"Despite the difficult operating environment, our third-quarter results reflect the continued efforts of our employees to build a global framework for business success which is focused on serving our customers with innovative products and technologies," said Donald J. Stebbins, chairman and chief executive officer. "While we believe the global auto industry is recovering from historically low levels of production, there remain challenges as the industry stabilizes."
Third quarter product sales to Ford Motor Co. and Hyundai-Kia each accounted for 27 percent of total product sales. Renault-Nissan and PSA Peugeot Citroen accounted for about 10 percent and 6 percent of sales, respectively. On a regional basis, Asia accounted for about 36 percent of total product sales, with Europe representing 35 percent, North America 22 percent and the balance in South America.
Third Quarter 2009 Results
For third quarter 2009, total sales were $1.73 billion, including product sales of $1.67 billion and services revenue of $61 million. Product sales decreased by about $340 million, or 17 percent, year-over-year as the impact of foreign currency and divestitures and facility closures reduced sales by about $130 million and $90 million, respectively. Lower production, net of new business, further reduced sales by about $90 million. Aside from the Asian region where sales were largely unchanged from the prior year, Visteon experienced lower sales in all the other major regions in which it operates, reflecting decreased customer production volumes in response to weak global economic conditions.
Gross margin for third quarter 2009 was $116 million, or 6.7 percent of sales, an increase of $73 million compared with $43 million, or 2.0 percent of sales, for the same period a year ago. Favorable cost performance, reflecting ongoing operational efficiencies as well as recently implemented restructuring actions, and foreign currency more than offset the impact of lower production levels.
Selling, general and administrative expense for third quarter 2009 totaled $95 million, a decrease of $43 million, or 31 percent, compared with the same period a year ago, reflecting the benefit of significant headcount and other cost-reduction actions.
For third quarter 2009, the company reported a net loss of $38 million, or 29 cents per share. This compares with a net loss of $188 million, or $1.45 per share, in the same quarter a year ago. Restructuring and reorganization costs of $27 million and $23 million, respectively, were incurred during the quarter while reimbursement from customers totaled $4 million. Third-quarter 2008 results included $42 million of restructuring costs and $19 million of asset impairments and loss on divestiture, along with $39 million of escrow reimbursement.
Equity in net income of non-consolidated affiliates increased $21 million to $26 million in third quarter 2009 as compared to the same period in 2008, largely reflecting continued customer production increases in Asia Pacific. Income tax expense for third quarter 2009 was $18 million compared with $31 million in the same period a year ago. Adjusted EBITDA for third quarter 2009 was $125 million, compared with $5 million for third quarter 2008.
First Nine Months 2009
For the first nine months of 2009, total sales of $4.65 billion were lower by $3.2 billion, or 41 percent, compared with the same period a year earlier. For the first nine months of 2009, Visteon reported a net loss of $148 million, or $1.14 per share, compared with a net loss of $335 million, or $2.59 per share during the first nine months of 2008. Adjusted EBITDA for the first nine months of 2009 was $220 million, compared with $359 million in the same period last year.
Cash Flow and Liquidity
As of September 30, 2009, Visteon had cash balances totaling $814 million, $72 million higher than June 30, 2009 levels.
Cash generated by operating activities totaled $84 million for third quarter 2009, a $244 million improvement over the cash use of $160 million during the same period a year ago. The improvement was attributable to lower net losses, as adjusted for non-cash items, and lower trade working capital outflows. Trade working capital in the third quarter 2009 reflected, among other items, the impact of pre-petition payables that have not been settled. Capital expenditures were $29 million for third quarter 2009, compared with $76 million in third quarter 2008, reflecting the company's continued management of program investment. Free cash flow, as defined below, was $55 million for third quarter 2009, or $291 million better than 2008, which was a use of $236 million.
New Business Wins
Visteon continues to win new business despite the difficult economic environment. During the first nine months of 2009, Visteon won more than $400 million in incremental new business. On a regional basis, Asia and North America each accounted for 41 percent of the total, with Europe accounting for the remaining 18 percent.
Visteon is a leading global automotive supplier that designs, engineers and manufactures innovative climate, interior, electronic and lighting products for vehicle manufacturers, and also provides a range of products and services to aftermarket customers. With corporate offices in Van Buren Township, Mich. (U.S.); Shanghai, China; and Chelmsford, UK; the company has facilities in 26 countries and employs approximately 30,000 people.
Filed under:
Financials
SYCODE Releases Twelve Data Exchange Add-Ins for Kubotek’s KeyCreator
PANAJI, Goa – SYCODE has released twelve data exchange add-ins for KeyCreator, Kubotek’s flagship 3D Direct Modeling product. The add-ins will allow for direct communication between KeyCreator and data files such as Rhinoceros 3DM, 3D Studio 3DS, SketchUp SKP and Visualization Toolkit VTK.
"SYCODE recently became a Kubotek Solution Partner with the intention of enhancing KeyCreator’s data exchange capabilities,” explains Deelip Menezes, Founder and CEO of SYCODE. "We value this partnership with Kubotek which will help us work more closely with Kubotek’s technical team in order to develop solutions that extend KeyCreator’s capabilities, not just in the data exchange, but also our other areas of expertise like reverse engineering and rapid prototyping.”
“We welcome SYCODE as a Kubotek Solution Partner,” says Scott Sweeney, Vice President at Kubotek. “The add-ins they are supplying further enhances our ability to work with multiple file formats and design packages, making for better communication and workflow within our customers’ processes.”
The twelve data exchange add-ins that are being released include eight import and four export add-ins. The import add-ins are:
* 3DM Import for KeyCreator – Rhinoceros 3DM file import add-in
* 3DS Import for KeyCreator – 3D Studio 3DS file import add-in
* NC Import for KeyCreator – Numeric Control NC program file import add-in
* OBJ Import for KeyCreator – Wavefront OBJ file import add-in
* PIX Import for KeyCreator – Dr. PICZA PIX file import add-in
* PLT Import for KeyCreator – HPGL Plot file import add-in
* SKP Import for KeyCreator – SketchUp SKP file import add-in
* VTK Import for KeyCreator – Visualization Toolkit VTK file import add-in
The export add-ins are:
* 3DM Export for KeyCreator – Rhinoceros 3DM file export add-in
* 3DS Export for KeyCreator – 3D Studio 3DS file export add-in
* SKP Export for KeyCreator – SketchUp SKP file export add-in
* VTK Export for KeyCreator – Visualization Toolkit VTK file export add-in
The import and export add-ins are designed to work with KeyCreator Version 8.5, and have also been tested with the upcoming KeyCreator Version 9. The products are priced at $195 each and are available as fully functional trials. Each product comes with an installer and detailed documentation in the form of a compiled HTML help file which contains a step-by-step tutorial to get the end user started in the shortest possible time. See the SYCODE website for details about downloading and purchasing the KeyCreator add-ins.
"SYCODE recently became a Kubotek Solution Partner with the intention of enhancing KeyCreator’s data exchange capabilities,” explains Deelip Menezes, Founder and CEO of SYCODE. "We value this partnership with Kubotek which will help us work more closely with Kubotek’s technical team in order to develop solutions that extend KeyCreator’s capabilities, not just in the data exchange, but also our other areas of expertise like reverse engineering and rapid prototyping.”
“We welcome SYCODE as a Kubotek Solution Partner,” says Scott Sweeney, Vice President at Kubotek. “The add-ins they are supplying further enhances our ability to work with multiple file formats and design packages, making for better communication and workflow within our customers’ processes.”
The twelve data exchange add-ins that are being released include eight import and four export add-ins. The import add-ins are:
* 3DM Import for KeyCreator – Rhinoceros 3DM file import add-in
* 3DS Import for KeyCreator – 3D Studio 3DS file import add-in
* NC Import for KeyCreator – Numeric Control NC program file import add-in
* OBJ Import for KeyCreator – Wavefront OBJ file import add-in
* PIX Import for KeyCreator – Dr. PICZA PIX file import add-in
* PLT Import for KeyCreator – HPGL Plot file import add-in
* SKP Import for KeyCreator – SketchUp SKP file import add-in
* VTK Import for KeyCreator – Visualization Toolkit VTK file import add-in
The export add-ins are:
* 3DM Export for KeyCreator – Rhinoceros 3DM file export add-in
* 3DS Export for KeyCreator – 3D Studio 3DS file export add-in
* SKP Export for KeyCreator – SketchUp SKP file export add-in
* VTK Export for KeyCreator – Visualization Toolkit VTK file export add-in
The import and export add-ins are designed to work with KeyCreator Version 8.5, and have also been tested with the upcoming KeyCreator Version 9. The products are priced at $195 each and are available as fully functional trials. Each product comes with an installer and detailed documentation in the form of a compiled HTML help file which contains a step-by-step tutorial to get the end user started in the shortest possible time. See the SYCODE website for details about downloading and purchasing the KeyCreator add-ins.
Filed under:
SYCODE
Sycode releases ESRI Shape File Import Plug-ins for AutoCAD, Bricscad, IntelliCAD and Rhinoceros
Panaji – SYCODE has released ESRI Shape file import plug-ins for AutoCAD, Bricscad, IntelliCAD and Rhinoceros. The plug-ins will allow these CAD systems to read two dimensional geometric data from ESRI shape files.
"Recently we noticed an increase in requests for ESRI shape file support from existing and prospective customers,” explains Deelip Menezes, Founder and CEO of SYCODE. "These four ESRI import plug-ins are a direct result of those requests. In fact, a majority of our 200+ products are born this way. At SYCODE, we are happy to develop and offer CAD data exchange solutions to our customers that assist in the smooth flow of data in their internal workflows”.
These plug-ins read point, polyline and polygon data stored in ESRI shape files and create corresponding point, polyline and polygon objects in the active drawing of the respective CAD system. The four import plug-ins are:
The four file import plug-ins are:
1. ESRI Import for AutoCAD
2. ESRI Import for Bricscad
3. ESRI Import for IntelliCAD
4. ESRI Import for Rhino
The AutoCAD plug-ins works with AutoCAD 2000 through to AutoCAD 2010, 32 Bit as well as 64 Bit. The Bricscad plug-in works with Bricscad 8.0, 9.0 and 10. The IntelliCAD plug-in had been tested to work on a number of IntelliCAD variants. The Rhino plug-in works with Rhinoceros 3.0, 4.0 and 5.0 Beta, 32 Bit as well as 64 Bit.
All the products are available as fully functional trials. Each product comes with an installer and detailed documentation in the form of a compiled HTML help file which contains a step-by-step tutorial to get the end user started in the shortest possible time.
"Recently we noticed an increase in requests for ESRI shape file support from existing and prospective customers,” explains Deelip Menezes, Founder and CEO of SYCODE. "These four ESRI import plug-ins are a direct result of those requests. In fact, a majority of our 200+ products are born this way. At SYCODE, we are happy to develop and offer CAD data exchange solutions to our customers that assist in the smooth flow of data in their internal workflows”.
These plug-ins read point, polyline and polygon data stored in ESRI shape files and create corresponding point, polyline and polygon objects in the active drawing of the respective CAD system. The four import plug-ins are:
The four file import plug-ins are:
1. ESRI Import for AutoCAD
2. ESRI Import for Bricscad
3. ESRI Import for IntelliCAD
4. ESRI Import for Rhino
The AutoCAD plug-ins works with AutoCAD 2000 through to AutoCAD 2010, 32 Bit as well as 64 Bit. The Bricscad plug-in works with Bricscad 8.0, 9.0 and 10. The IntelliCAD plug-in had been tested to work on a number of IntelliCAD variants. The Rhino plug-in works with Rhinoceros 3.0, 4.0 and 5.0 Beta, 32 Bit as well as 64 Bit.
All the products are available as fully functional trials. Each product comes with an installer and detailed documentation in the form of a compiled HTML help file which contains a step-by-step tutorial to get the end user started in the shortest possible time.
Filed under:
SYCODE
3Dconnexion 3D Mice now supports SolidWorks 2010
Fremont, Calif — 3Dconnexion, a Logitech company, today announced that its full line of 3D mice, including the SpacePilot™ PRO flagship 3D mouse, now supports SolidWorks® 2010, the newest version of the popular 3D CAD software. 3Dconnexion 3D mice complement the new user-driven features in SolidWorks 2010 that help designers and engineers work faster and smarter.
Using 3Dconnexion’s 3D mice within SolidWorks 2010 allows professionals to navigate around their designs more intuitively, further enhancing the speed improvements made to rendering, loading parts and large assemblies in the new 3D workspace. In addition, 3D mice enable engineers working in SolidWorks 2010 to view designs from multiple angles, helping to detect errors earlier in the design process.
“3Dconnexion is committed to improving and enhancing the productivity of 3D design work, and the core design functions that have been implemented into SolidWorks 2010 echo that goal,” said Dieter Neujahr, president of 3Dconnexion. “SolidWorks 2010 paired with 3Dconnexion 3D mice provides today’s engineers a very powerful 3D design solution focused on efficiency and design performance – critical elements in bringing competitive products to market as quickly as possible.”
3Dconnexion’s 3D mice enhance new features of SolidWorks 2010. For example, when using the new Rapid Dimension Tool with a 3D mouse, designers can position drawing views and add dimensions to generate final drawings with greater ease and efficiency. In addition, 3D mice complement the functionality of new Mouse Gestures in SolidWorks 2010 for drawings, assemblies, parts, and sketches, helping engineers concentrate on design needs instead of the application environment.
“SolidWorks 2010 is focused on optimizing core design functions so users can more quickly and intelligently achieve their goals,” said Nick Iwaskow, Manager of Alliances at Dassault Systèmes SolidWorks Corp. “Using a 3Dconnexion 3D mouse with SolidWorks 2010 can help today’s engineers work even faster, simpler and smarter.”
Using 3Dconnexion’s 3D mice within SolidWorks 2010 allows professionals to navigate around their designs more intuitively, further enhancing the speed improvements made to rendering, loading parts and large assemblies in the new 3D workspace. In addition, 3D mice enable engineers working in SolidWorks 2010 to view designs from multiple angles, helping to detect errors earlier in the design process.
“3Dconnexion is committed to improving and enhancing the productivity of 3D design work, and the core design functions that have been implemented into SolidWorks 2010 echo that goal,” said Dieter Neujahr, president of 3Dconnexion. “SolidWorks 2010 paired with 3Dconnexion 3D mice provides today’s engineers a very powerful 3D design solution focused on efficiency and design performance – critical elements in bringing competitive products to market as quickly as possible.”
3Dconnexion’s 3D mice enhance new features of SolidWorks 2010. For example, when using the new Rapid Dimension Tool with a 3D mouse, designers can position drawing views and add dimensions to generate final drawings with greater ease and efficiency. In addition, 3D mice complement the functionality of new Mouse Gestures in SolidWorks 2010 for drawings, assemblies, parts, and sketches, helping engineers concentrate on design needs instead of the application environment.
“SolidWorks 2010 is focused on optimizing core design functions so users can more quickly and intelligently achieve their goals,” said Nick Iwaskow, Manager of Alliances at Dassault Systèmes SolidWorks Corp. “Using a 3Dconnexion 3D mouse with SolidWorks 2010 can help today’s engineers work even faster, simpler and smarter.”
Filed under:
3Dconnexion,
SolidWorks
ESI Group Supports the PT-Grid Project to Further Develop Plasma Modeling and Simulation
Paris, France – ESI Group, a supplier of digital simulation software for prototyping and manufacturing processes, announced today its participation in the ‘Plasma Technology (PT) Grid’ project, a 3-year joint initiative funded by the German Federal Ministry of Education and Research (BMBF). The main objective of the PT-Grid is to provide small and medium-sized enterprises (SMEs) the access to complex plasma technological simulations on the basis of the D-Grid computer infrastructure, which provides almost infinite computing and storage capacity; flexibility, adaptability and automation through dynamic and concerted interoperation of networked resources.
The PT-Grid will incorporate or utilize today’s scientific modeling methods for industrial applications. Plasma Technology (PT) is considered one of the most important modern technologies for applications in the semiconductor industry, light source development, welding technology, and in the surface treatment of glass, plastics and metals. Plasma modeling and simulation are of extreme importance for the further development of plasma technology, as the use of grid resources offers considerable potential for user-friendly fundamental research and contract research.
The PT-Grid project is divided in four sub-projects corresponding to different parts of plasma technology; which are:
* simulation of welding and cutting processes,
* magnetohydrodynamic 3D simulation,
* Particle-in-cell Monte Carlo (PIC-MC) simulation of low pressure plasma discharges, and
* Self-consistent kinetic calculation of ion and neutral particle distribution functions behind a plasma boundary layer.
Nine funded industrial and academic project partners working in the fields of information technology, software edition and business management are supporting one or several parts of the projects; along with ten other associated partners from the academic and industrial fields.
ESI GmbH, the German subsidiary of ESI Group, is participating in two of the sub-projects using its ACE+ Suite of Computational Fluid Dynamics (CFD) and Multiphysics simulation software. ESI’s primary contribution is to investigate the implementation of online available user interfaces for CFD-ACE+ and analyze capabilities for license management and invoicing. Indeed, CFD-ACE+ combines plasma chemistry and transport with electrophysics in an easy to use, integrated environment for a wide range of semiconductor applications, from low pressure non-equilibrium to thermal atmospheric plasmas. ESI GmbH also supports various project partners with software licenses and provides technical support for coupling in-house developments in plasma modeling.
With the integration of CFD-ACE+ into grid-computing environments, ESI will take a leading part in the development of an innovative platform for most sophisticated plasma simulations. Dedicated models to describe certain plasma phenomena and properties, provided by partners inside the PT-Grid initiative, will be coupled with CFD-ACE+ to provide an advanced online available consulting tool for plasma applications to industrial customers. On the basis of several thousand CPU’s inside the D-Grid computer infrastructure, users won’t be held back by hardware issues and will be able to run as many serial or parallel computations as they need for their applications.
“The new online consulting tool and the adaptation of CFD-ACE+ to grid computing will extend the clientele for ESI’s CFD software and will play an important part in adapting further ESI software solutions for grid computing”, said Wolfgang Ottow, CFD and Multiphysics consulting engineer at ESI GmbH. “ESI customers will benefit from the collaboration with top experts from research associations such as Leibniz Institute for Plasma Science and Technology in Greifswald and universities such as the Institute of Theoretical Electrical Engineering in Bochum in the field of plasma research and modeling.”
“As coordinator of the PT-Grid initiative and direct development partner within a sub-project, the INP Greifswald appreciates the participation of ESI GmbH as a representative of a commercial software provider and is looking forward to the partnership in the development of an industry-oriented plasma consulting tool based on ESI’s CFD-ACE+ software and our dedicated knowledge about plasma chemistry and modeling,” declared Thomas Harder, Physicist at INP Greifswald.
The PT-Grid will incorporate or utilize today’s scientific modeling methods for industrial applications. Plasma Technology (PT) is considered one of the most important modern technologies for applications in the semiconductor industry, light source development, welding technology, and in the surface treatment of glass, plastics and metals. Plasma modeling and simulation are of extreme importance for the further development of plasma technology, as the use of grid resources offers considerable potential for user-friendly fundamental research and contract research.
The PT-Grid project is divided in four sub-projects corresponding to different parts of plasma technology; which are:
* simulation of welding and cutting processes,
* magnetohydrodynamic 3D simulation,
* Particle-in-cell Monte Carlo (PIC-MC) simulation of low pressure plasma discharges, and
* Self-consistent kinetic calculation of ion and neutral particle distribution functions behind a plasma boundary layer.
Nine funded industrial and academic project partners working in the fields of information technology, software edition and business management are supporting one or several parts of the projects; along with ten other associated partners from the academic and industrial fields.
ESI GmbH, the German subsidiary of ESI Group, is participating in two of the sub-projects using its ACE+ Suite of Computational Fluid Dynamics (CFD) and Multiphysics simulation software. ESI’s primary contribution is to investigate the implementation of online available user interfaces for CFD-ACE+ and analyze capabilities for license management and invoicing. Indeed, CFD-ACE+ combines plasma chemistry and transport with electrophysics in an easy to use, integrated environment for a wide range of semiconductor applications, from low pressure non-equilibrium to thermal atmospheric plasmas. ESI GmbH also supports various project partners with software licenses and provides technical support for coupling in-house developments in plasma modeling.
With the integration of CFD-ACE+ into grid-computing environments, ESI will take a leading part in the development of an innovative platform for most sophisticated plasma simulations. Dedicated models to describe certain plasma phenomena and properties, provided by partners inside the PT-Grid initiative, will be coupled with CFD-ACE+ to provide an advanced online available consulting tool for plasma applications to industrial customers. On the basis of several thousand CPU’s inside the D-Grid computer infrastructure, users won’t be held back by hardware issues and will be able to run as many serial or parallel computations as they need for their applications.
“The new online consulting tool and the adaptation of CFD-ACE+ to grid computing will extend the clientele for ESI’s CFD software and will play an important part in adapting further ESI software solutions for grid computing”, said Wolfgang Ottow, CFD and Multiphysics consulting engineer at ESI GmbH. “ESI customers will benefit from the collaboration with top experts from research associations such as Leibniz Institute for Plasma Science and Technology in Greifswald and universities such as the Institute of Theoretical Electrical Engineering in Bochum in the field of plasma research and modeling.”
“As coordinator of the PT-Grid initiative and direct development partner within a sub-project, the INP Greifswald appreciates the participation of ESI GmbH as a representative of a commercial software provider and is looking forward to the partnership in the development of an industry-oriented plasma consulting tool based on ESI’s CFD-ACE+ software and our dedicated knowledge about plasma chemistry and modeling,” declared Thomas Harder, Physicist at INP Greifswald.
Filed under:
ESI
Tebodin Middle East selects AVEVA Plant portfolio
Dubai: AVEVA (LSE:AVV) today announced that Tebodin Middle East, an international multidisciplinary consultancy and engineering firm, selected the AVEVA Plant portfolio, including AVEVA PDMS and AVEVA Instrumentation, for its operations in the region.
Tebodin Consultants & Engineers offers a full range of engineering services from conceptual and feasibility studies to engineering, procurement, construction management, and validation.
Dunesh Manakkatt, Mechanical/Piping Department Manager of Tebodin Abu Dhabi comments: "The addition of the AVEVA Plant portfolio to our engineering tools will enable us both to design and make integrated 3D plant models and to improve the quality and efficiency of our design. Using AVEVA PDMS we can model Equipments, structures, piping, valves, cables and platforms, and can also ‘walk through' the plant for the design review. Tebodin has been using PDMS in the Netherlands offices for the last 10 years.
"Tebodin has already started deploying AVEVA Plant on ongoing projects and is looking forward to future projects, mainly from the Oil & Gas and Petrochemical industries, to work in 3D using AVEVA Plant."
Louay Dahmash, Vice President of AVEVA Middle East, comments: "We are delighted that Tebodin is joining the growing number of companies benefiting from the new AVEVA Instrumentation. With the launch of AVEVA Instrumentation, AVEVA has once again proved its commitment to providing the most productive, risk-free and cost-effective engineering and design technology. We look forward to working with Tebodin and offering them AVEVA's unique technology."
AVEVA Plant is a set of integrated applications for plant engineering, design and design management providing the fastest, most productive and risk-free tool set to design, build and revamp plant of any size and complexity.
AVEVA PDMS is a datacentric, multi-disciplinary design environment for the 3D modelling of process plant, with modules for the design of equipment, piping, HVAC, structure and cable trays. Modelling is carried out using a customer-defined catalogue and specification, in a full 3D environment, with the support of tools that ensure a clash-free design.
Launched on March 30, 2009 AVEVA Instrumentation is a feature-rich suite of integrated applications for the efficient specification, design and maintenance of all plant instrumentation and control systems.
Tebodin Consultants & Engineers offers a full range of engineering services from conceptual and feasibility studies to engineering, procurement, construction management, and validation.
Dunesh Manakkatt, Mechanical/Piping Department Manager of Tebodin Abu Dhabi comments: "The addition of the AVEVA Plant portfolio to our engineering tools will enable us both to design and make integrated 3D plant models and to improve the quality and efficiency of our design. Using AVEVA PDMS we can model Equipments, structures, piping, valves, cables and platforms, and can also ‘walk through' the plant for the design review. Tebodin has been using PDMS in the Netherlands offices for the last 10 years.
"Tebodin has already started deploying AVEVA Plant on ongoing projects and is looking forward to future projects, mainly from the Oil & Gas and Petrochemical industries, to work in 3D using AVEVA Plant."
Louay Dahmash, Vice President of AVEVA Middle East, comments: "We are delighted that Tebodin is joining the growing number of companies benefiting from the new AVEVA Instrumentation. With the launch of AVEVA Instrumentation, AVEVA has once again proved its commitment to providing the most productive, risk-free and cost-effective engineering and design technology. We look forward to working with Tebodin and offering them AVEVA's unique technology."
AVEVA Plant is a set of integrated applications for plant engineering, design and design management providing the fastest, most productive and risk-free tool set to design, build and revamp plant of any size and complexity.
AVEVA PDMS is a datacentric, multi-disciplinary design environment for the 3D modelling of process plant, with modules for the design of equipment, piping, HVAC, structure and cable trays. Modelling is carried out using a customer-defined catalogue and specification, in a full 3D environment, with the support of tools that ensure a clash-free design.
Launched on March 30, 2009 AVEVA Instrumentation is a feature-rich suite of integrated applications for the efficient specification, design and maintenance of all plant instrumentation and control systems.
ColumbiaSoft Headquarters Moving to New Location in Portland, Oregon
Portland, Ore– ColumbiaSoft announced today that its Portland, Oregon based corporate headquarters will relocate before the end of the year to a new location nearby in the city of Portland.
“More office space, larger document management training facilities, and an ideal location to base our worldwide operations out of are the primary reasons we’re moving,” said ColumbiaSoft executive vice president, David Pogue. “The new offices will give us the room we need to continue to grow.”
ColumbiaSoft signed a five-year lease for the new location, which is less than four miles from the company’s current offices in the Lincoln Center on S.W. Greenburg Road. Construction of the new headquarters is already underway, and the company plans to relocate by the end of December, 2009. ColumbiaSoft’s new corporate address will be: 15495 S.W. Sequoia Parkway, Suite 190, Portland, OR 97224.
In addition to more space, the new offices will offer a better location for ColumbiaSoft to host customers for document management training. Accommodations and services close by, including a Courtyard by Marriott and Starbucks, will make it more comfortable for customers and guests visiting the company.
“More office space, larger document management training facilities, and an ideal location to base our worldwide operations out of are the primary reasons we’re moving,” said ColumbiaSoft executive vice president, David Pogue. “The new offices will give us the room we need to continue to grow.”
ColumbiaSoft signed a five-year lease for the new location, which is less than four miles from the company’s current offices in the Lincoln Center on S.W. Greenburg Road. Construction of the new headquarters is already underway, and the company plans to relocate by the end of December, 2009. ColumbiaSoft’s new corporate address will be: 15495 S.W. Sequoia Parkway, Suite 190, Portland, OR 97224.
In addition to more space, the new offices will offer a better location for ColumbiaSoft to host customers for document management training. Accommodations and services close by, including a Courtyard by Marriott and Starbucks, will make it more comfortable for customers and guests visiting the company.
Oct 27, 2009
Dassault Systemes to acquire IBM sales and client support operations for $600 million
New Global Alliance Expected to Expand PLM in All Industries.
ARMONK, N.Y: IBM and Dassault Systèmes today signed an agreement under which DS intends to acquire IBM sales and client support operations encompassing DS's Product Lifecycle Management (PLM) software application portfolio, as well as customer contracts and related assets, for approximately $600 million in cash.
DS and IBM have also defined the next steps in their long-standing relationship, and plan to establish DS as an IBM Global Alliance Partner and expand their services partnership.
The transaction is expected to be completed in the first half of 2010, subject to the execution of local agreements and completion of regulatory processes and applicable labor relations requirements in various countries.
While the transaction is being completed, both companies expect their existing operations, including customer service and product availability, to continue as usual. After completion of the transaction and integration of the two companies’ PLM operations, DS PLM customers will benefit from simplified engagement and support processes for DS's market-leading PLM product portfolio.
“The adoption and integration of PLM and 3D collaboration by a growing number of enterprises require deep industry knowledge," said Bernard Charlès, president and CEO of Dassault Systèmes. "The planned integration of the IBM sales force and related business operations represents the largest investment in our corporate history. We are putting our customers and partners first, creating a globally efficient sales organization to bring the value of V6 PLM applications to every enterprise in every industry.”
"We are reaching a new level of customer engagement built on commitment, multi-industry knowledge and high-value solutions for sustainable innovation," added Charlès. "Looking forward, the wide adoption of 3D lifelike experience and PLM will require the combination of direct sales, our network of partners and online communities."
Pursuant to the planned global alliance agreement, IBM and DS expect to continue to jointly invest in developing, deploying and supporting client PLM environments, delivering integrated PLM solutions to their clients worldwide.
The enhanced services agreement is expected to bring significant potential to the global marketplace with extended IBM resources and expertise to help transform client PLM environments, leveraging the DS V6 portfolio. Both companies are dedicated to strengthening and extending their cooperation in the areas of professional services, cloud computing, middleware, flexible financing, hardware, and sales and distribution.
"With this announcement, IBM is evolving its partnership with DS to better align our mutual strengths and better address our clients' PLM needs," said Tom Hawk, general manager, IBM Global Industrial Sector. "This transaction also helps fuel IBM's focus on PLM integration through middleware, business transformation and application services, and dynamic infrastructure."
Steve Mills, senior vice president and group executive, IBM Software Group, added: "Today's agreement positions both our companies for growth in the PLM space, allowing us to focus on our core competencies and better serve our clients. The extensive use of IBM Software platforms in the DS application portfolio will continue to make our partnership unique and valuable to our customers."
ARMONK, N.Y: IBM and Dassault Systèmes today signed an agreement under which DS intends to acquire IBM sales and client support operations encompassing DS's Product Lifecycle Management (PLM) software application portfolio, as well as customer contracts and related assets, for approximately $600 million in cash.
DS and IBM have also defined the next steps in their long-standing relationship, and plan to establish DS as an IBM Global Alliance Partner and expand their services partnership.
The transaction is expected to be completed in the first half of 2010, subject to the execution of local agreements and completion of regulatory processes and applicable labor relations requirements in various countries.
While the transaction is being completed, both companies expect their existing operations, including customer service and product availability, to continue as usual. After completion of the transaction and integration of the two companies’ PLM operations, DS PLM customers will benefit from simplified engagement and support processes for DS's market-leading PLM product portfolio.
“The adoption and integration of PLM and 3D collaboration by a growing number of enterprises require deep industry knowledge," said Bernard Charlès, president and CEO of Dassault Systèmes. "The planned integration of the IBM sales force and related business operations represents the largest investment in our corporate history. We are putting our customers and partners first, creating a globally efficient sales organization to bring the value of V6 PLM applications to every enterprise in every industry.”
"We are reaching a new level of customer engagement built on commitment, multi-industry knowledge and high-value solutions for sustainable innovation," added Charlès. "Looking forward, the wide adoption of 3D lifelike experience and PLM will require the combination of direct sales, our network of partners and online communities."
Pursuant to the planned global alliance agreement, IBM and DS expect to continue to jointly invest in developing, deploying and supporting client PLM environments, delivering integrated PLM solutions to their clients worldwide.
The enhanced services agreement is expected to bring significant potential to the global marketplace with extended IBM resources and expertise to help transform client PLM environments, leveraging the DS V6 portfolio. Both companies are dedicated to strengthening and extending their cooperation in the areas of professional services, cloud computing, middleware, flexible financing, hardware, and sales and distribution.
"With this announcement, IBM is evolving its partnership with DS to better align our mutual strengths and better address our clients' PLM needs," said Tom Hawk, general manager, IBM Global Industrial Sector. "This transaction also helps fuel IBM's focus on PLM integration through middleware, business transformation and application services, and dynamic infrastructure."
Steve Mills, senior vice president and group executive, IBM Software Group, added: "Today's agreement positions both our companies for growth in the PLM space, allowing us to focus on our core competencies and better serve our clients. The extensive use of IBM Software platforms in the DS application portfolio will continue to make our partnership unique and valuable to our customers."
Cranes Software launches SYSTAT 13
Bangalore: Cranes Software International Ltd. (Cranes), a Company that provides Enterprise Statistical Analytics and Engineering Simulation Software Products and Solutions across the globe, today announced the launch of SYSTAT 13, the latest version of its flagship statistical software package. This latest release features new statistical methods, faster data computation and a new optional module which adds Cytel’s "Exact Tests" functionality.
SYSTAT 13 adds new statistical methods to its broad portfolio, including ARCH and GARCH models for Time Series analyses. Other statistical enhancements include Best Subsets Regression, Confirmatory Factor Analysis and additional non-parametric testing algorithms.
Additionally, SYSTAT has newly partnered with Cytel – a 20-year leader in the design and analysis of clinical trials – to bring you SYSTAT 13 with Exact Tests, a new SYSTAT product that contains Cytel’s famous exact-inference testing procedures.
Speaking on the occasion, Dr. Leland Wilkinson, Executive Vice President of Systat Software and creator of the original SYSTAT product, said, "SYSTAT 13 is a giant step forward in speed. Users can now compute large data sets in a fraction of the time. Also, SYSTAT’s graphics look as impressive as ever, suitable for any publication or presentation."
SYSTAT 13 also features a new data editor, which allows easier entry and faster computation speeds. Other notable refinements include new graphical editing options and updates to the user interface.
SYSTAT 13 adds new statistical methods to its broad portfolio, including ARCH and GARCH models for Time Series analyses. Other statistical enhancements include Best Subsets Regression, Confirmatory Factor Analysis and additional non-parametric testing algorithms.
Additionally, SYSTAT has newly partnered with Cytel – a 20-year leader in the design and analysis of clinical trials – to bring you SYSTAT 13 with Exact Tests, a new SYSTAT product that contains Cytel’s famous exact-inference testing procedures.
Speaking on the occasion, Dr. Leland Wilkinson, Executive Vice President of Systat Software and creator of the original SYSTAT product, said, "SYSTAT 13 is a giant step forward in speed. Users can now compute large data sets in a fraction of the time. Also, SYSTAT’s graphics look as impressive as ever, suitable for any publication or presentation."
SYSTAT 13 also features a new data editor, which allows easier entry and faster computation speeds. Other notable refinements include new graphical editing options and updates to the user interface.
Filed under:
Cranes
Subscribe to:
Posts (Atom)
Popular Articles
- EskoArtwork’s new ArtiosCAD 7.6 boosts designer productivity and provides seamless workflow integration
- Surfware's free SURFCAM Student Learning Version Now Available for download
- MecSoft’s VisualMILL for SolidWorks helps in manufacturing of custom racing flange
- FISHER/UNITECH Acquires SolidVision
- ITI TranscenData Releases CADIQ 6.0
- Delcam Sales Partner SEACAM appoints twelfth partner in Brazil
- Donny Askin to Lead Gerber Technology's Software Solutions Business
- LEGO engineer uses Hans Schiesser scholarship to study at Delcam
- Autodesk Acquires Assets From BOSS International, Inc.
- BWIR Announces DesignACE 2010
