Procter & Gamble Selects Dassault’s 3DEXPERIENCE Platform

logo_3DS_dassaultVELIZY-VILLACOUBLAY, France, Apr 27, 2017 – Dassault Systèmes, the 3DEXPERIENCE company, world leader in 3D design software, 3D digital mock up and product lifecycle management (PLM) solutions, announced that the Procter & Gamble Company (P&G), one of the world’s largest consumer packaged goods companies, is using the 3DEXPERIENCE platform. P&G is deploying Dassault Systèmes’ “Perfect Product” and “Perfect Package” industry solution experiences to connect thousands of users to data, colleagues and consumers. This accelerates and improves the company’s packaging and product design, requirements management and program management.

Consumer packaged goods is a fast-paced, competitive marketplace in which most purchase decisions are made in a matter of seconds. Companies must quickly deliver new materials, formulations and packaging that distinguish a product in the marketplace, contribute to a strong and reliable brand image, and inspire consumers to make – and repeat – a purchase.

P&G, a longtime customer of Dassault Systèmes’ design, development and simulation applications, manages 10 product categories and 65 brands in more than 80 countries. The 3DEXPERIENCE platform helps P&G to leverage its scale with greater agility to innovate, efficiently manage and accelerate product programs in the context of short product lifecycles, fluctuating costs of raw materials, and highly variable consumer demand.

“Our decision to upgrade our existing Dassault Systèmes’ PLM to the 3DEXPERIENCE platform is part of our work to digitally transform our business to support our work process digital transformation and drive value,” said Jean-Louis Hospitel, IT director, P&G. “The 3DEXPERIENCE platform facilitates end-to-end innovation integration and improved user experience for our seamless technical community.”

Based on the 3DEXPERIENCE platform, “Perfect Product” and “Perfect Package” are being extended across P&G to 18,000 users in research and development, product supply, quality and other disciplines to support the design and development of products. In a global collaborative digital environment, project data is traceable, shareable and reusable. Teams spend less time searching for data and have access to more consistent and accurate packaging and product specifications. This streamlines processes and saves rework and expense. In addition to this increased productivity, data can be exchanged easily with consumers to gain greater insight into trends, needs and usage.

“The 3DEXPERIENCE platform and our industry solution experiences for consumer packaged goods connect people, processes and systems.  As a result, companies can reduce product development time by up to 20 percent,” said Philippe Loeb, vice president, consumer packaged goods & retail industry, Dassault Systèmes. “This is a major advantage in an industry that requires bigger, better and faster innovation from companies that have to constantly readjust business priorities in response to changing consumer habits. Discovering and delivering the next breakthrough product becomes that much more efficient.”

For more information on Dassault Systèmes’ industry solution experiences for consumer packaged goods and retail: http://www.3ds.com/industries/consumer-packaged-goods-retail/.

About Dassault Systèmes

Dassault Systèmes, the 3DEXPERIENCE company, provides business and people with virtual universes to imagine sustainable innovations. Its world-leading solutions transform the way products are designed, produced, and supported. Dassault Systèmes’ collaborative solutions foster social innovation, expanding possibilities for the virtual world to improve the real world. The group brings value to over 220, 000 customers of all sizes, in all industries, in more than 140 countries.

For more information, visit www.3ds.com.

Hexagon Completes Acquisition of MSC

Hexagon_logoSTOCKHOLM, Sweden, Apr 27, 2017 – Hexagon AB, a leading global provider of information technologies that drive productivity and quality across geospatial and industrial enterprise applications, announced the completion of the previously announced acquisition of MSC Software, a US-based leading provider of CAE solutions, including simulation software for virtual product and manufacturing process development. Completion of the transaction was subject to regulatory approvals and other customary conditions, which have now been obtained.

The acquisition strengthens Hexagon’s ability to connect the traditionally separate stages of design and production – integrating real-world data generated on the production floor with simulation data to further improve a customer’s ability to reveal and correct design limitations and production problems prior to manufacturing.

MSC has over 1,200 highly-skilled professionals in 20 countries. Its strong brand and reputation in industries such as automotive, aerospace and electronics spans more than 50 years.

MSC will be a fully owned subsidiary of Hexagon and operate under the division Manufacturing Intelligence.

Key Facts

  • Purchase price of 834 MUSD on a cash and debt free basis (Enterprise Value)
  • In 2016 MSC generated proforma sales of 230 MUSD, with strong profitability and a high percentage of recurring revenue
  • The acquisition will further strengthen Hexagon’s smart connected factory strategy to deliver enterprise solutions within manufacturing verticals
  • The transaction is fully financed via bank facilities and Hexagon’s net debt to EBITDA target of 2.5 will not be exceeded
  • Non-cash PPA adjustments (Purchase Price Allocations) of approximately 10 MEUR related to impairment of overlapping technologies will impact the income statement during the first quarter 2017 and
  • approximately 20-30 MEUR related to a revenue recognition adjustment of deferred revenue (haircut) will impact the income statement during 2017
  • Cash transaction costs of approximately 2 MEUR will impact the income statement during the first quarter 2017
  • Excluding haircut, MSC is accretive to Hexagon’s earnings as of closing

This information is information that Hexagon AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on 26 April 2017.

About Hexagon

Hexagon is a leading global provider of information technologies that drive productivity and quality across geospatial and industrial enterprise applications.

Hexagon’s solutions integrate sensors, software, domain knowledge, and customer workflows into intelligent information ecosystems that deliver actionable information. They are used in a broad range of vital industries.

Hexagon (Nasdaq Stockholm: HEXA B) has approximately 17,000 employees in 50 countries and net sales of approximately 3.1bn EUR. Learn more at hexagon.com.

Infor to Acquire Birst

Infor_logoNEW YORK, NY, Apr 27, 2017 – Infor, a leading provider of beautiful business applications specialized by industry and built for the cloud, today announced it has reached an agreement to acquire Birst, Inc., a pioneer of cloud-native, business intelligence (BI), analytics, and data visualization. Birst is a unique, comprehensive platform for sourcing, refining, and presenting standardized data insights at scale to drive business decisions.

The Birst business intelligence platform connects the entire enterprise through a network of virtualized BI instances on-top of a shared common analytical fabric. Birst spans ETL (extract, transform, and load), operational reports, dashboards, semantic understanding, visualization, smart discovery, and data blending to form a rich, simplified end-to-end BI suite in the cloud.

Birst received among the four highest scores in four of the five use cases assessed in the 2017 Gartner Critical Capabilities for Business Intelligence and Analytics Platforms report, which examined products from 26 vendors, published March 2. Birst scored highest for the OEM or Embedded BI (4.15 out of 5) and Extranet Deployment (4.18 out of 5) use cases. It received the third-highest score in the Agile Centralized BI Provisioning (3.80 out of 5) use case, and it received the fourth-highest score in the Governed Data Discovery (3.59 out of 5) use case.

“The founders of Birst have a deep BI pedigree. This is much of the same team that built Siebel Systems BI, which is now Oracle’s BI stack. They put the band back together, pivoted to the cloud, and built a modern BI platform with an understanding of future needs, experience with a wide variety of use cases, and commitment to the cloud,” said Charles Phillips, CEO of Infor. “Now is the time to converge this cloud native BI platform with the world’s first industry cloud company. We’re going to define the next generation of analytical applications.”

Over the last six years Infor has built one of the largest cloud companies in the world with 65 million users in more than 100 countries. An investment of nearly $3 billion in research and development to re-engineer industry specific applications for the cloud has generated double digit growth in cloud subscriptions. With a critical mass of cloud subscribers and petabytes of mission critical data in the cloud, Birst provides Infor a single, elegant platform for to render insights, discovery, correlations, and predictive analytics in a highly consumable user interface.

“Infor is the perfect home for Birst, providing the global scale and resources to accelerate our short-term growth and also a common long-term vision for the future of data-driven businesses using advanced business intelligence, artificial intelligence, and machine learning,” said Brad Peters, chairman and chief product officer at Birst.

Enterprise data is complicated, federated, and inconsistent. Birst has strong data aggregation capabilities including a networked semantic layer to standardize definitions across federated data sources. The company’s automated data refinement leverages intelligent unification technologies that can both map and model data from multiple different sources to define metrics once across all data repositories.

Customers running multiple ERP systems have asked Infor to build the enterprise analytic layer across the reality of a federated environment. ERP application companies rarely have the expertise or interest to build this aggregation layer. The business value is the ability to provide greater insights and correlations across functional domains.

BI companies provide the analytics platform but don’t understand industry processes and potential insights. Application companies understand the processes and industries but have lacked the platform to render data and analytics. Infor and Birst represent the convergence of these worlds. Large application companies end up acquiring BI products based on customer demand. Timing and fate allowed Infor to acquire a modern cloud BI platform as opposed to the legacy client sever BI products in use at legacy ERP companies. Last mile industry features have met last mile analytics.

Infor has also made significant investments and delivered a world-class analytical applications platform for budgeting, planning, and consolidations applications as well as a robust sales & operations planning suite. The Birst platform complements and further strengthens these best-in-class applications.

San Francisco-based Birst has more than 300 customers worldwide including American Express Global Business Travel, Kellogg’s, Reckitt Benckiser, Schneider Electric, and Citrix. The company has approximately 260 employees.

Terms of the agreement are not being disclosed.

About Birst

Birst is an advanced networked business analytics platform. Organizations can achieve a new level of trusted insight and decision making by connecting their data and people via a network of analytics services. Birst scales from individuals to the enterprise in a manner that is smart, connected, and scalable.

Learn more at www.birst.com.

About Infor

Infor builds business software for specific industries in the cloud. With 15,000 employees and over 90,000 customers in more than 170 countries, Infor software is designed for progress.

To learn more about Infor, please visit www.infor.com.

GROB Partners with Edgecam

verosoftware_logoGLOUCHESTERSHIRE, UK, Apr 27, 2017 – Machine tool specialists, GROB, are partnering with Edgecam CAD/CAM software to launch the second generation of their popular G350 horizontal 5-axis machining center.

Bearing bracket_aerospaceThe machine has a smaller footprint, faster chip to chip times, and increased tool storage capacity.

It is being launched at a two day Open House to be held at CIS, on the High Wycombe Business Park, High Wycombe, on May 10 and 11.

GROB Machine Tools UK Ltd managing director Louis Hill says the new machine is extremely flexible, making it ideal for a wide variety of industry sectors, including aerospace, automotive, mold and die, and medical.

“It’s essential for GROB to have a CAD/CAM partner, and Edgecam provides the latest machining strategies required for the demanding products and work pieces which are becoming increasingly widespread.”

Delegates at the Open House will see the second generation G350 carrying out machining demonstrations, programmed with Edgecam to produce an aerospace structure from a solid aluminium billet. The event demonstrates the entire life cycle of the part, from design, through manufacture, to inspection.

Registration and details of the event: http://www.grobgroup.com/en/grob-uk-open-house.html.

About Vero Software

Headquartered in England, Vero Software designs, develops, and supplies CAD/CAM/CAE software radically enhancing the efficiency of design and manufacturing processes, providing its customers with exceptional value through high productivity gains and significantly reducing time to market. The company’s world-renowned brands include Alphacam, Cabinet Vision, Edgecam, Machining STRATEGIST, PEPS, Radan, SMIRT, SURFCAM, WorkNC and VISI, along with the production control MRP system Javelin. Despite the diversity of application, these solutions have one thing in common: they all address the rising challenges of achieving manufacturing efficiencies and bring huge value to the operations in which they are deployed.

Vero has direct offices in the UK, Germany, Italy, France, Japan, USA, Brazil, Netherlands, China, South Korea, Spain and India supplying products to more than 45 countries through its wholly owned subsidiaries and reseller network.

Vero is part of Hexagon (Nordic exchange: HEXA B), a leading global provider of information technologies that drive quality and productivity across geospatial and industrial enterprise applications.

For more information, please visit www.verosoftware.com.

Elysium Partners with 3D PDF Consortium

3D PDF Consortium_logov2BEAVERTON, OR, Apr 27, 2017 – 3D PDF Consortium has announced its newest technology partner. Elysium, founded in 1984 and headquartered in Hamamatsu, Japan has recently joined the membership ranks of the 3D PDF Consortium. A global leader in developing interoperability solutions for digital design and product lifecycle management (PLM) markets worldwide, Elysium’s mission is to guarantee seamless communication via 3D data making Elysium a strong partner of 3D PDF Consortium.

“Validation is one of the key technologies in the manufacturing world to meet MBD/MBE demands. 3D PDF allows easy and robust viewing of 3D CAD models without CAD licenses and presents great potential to serve as a standard format for validation reports. Today’s manufacturing industry recognizes 3D PDF as a key factor for successful 3D data utilization throughout the product life cycle. We are also motivated to support additional capabilities with 3D PDF, based on increasing requests from industry leaders.” said Annalise Suzuki, director of technology and engagement of Elysium Americas.

“Joining the 3D PDF Consortium will strengthen our knowledge of the trends and general capabilities of 3D PDF,” said Kentaro Fukuta, global business general manger of Elysium. “With our R&D team headquartered in Japan responsible for our CAD translation and validation modules, and our US sales and field engineer team (based in Southfield, MI) involved in consolidating US market demands, we look forward to this educational-based collaboration with 3D PDF Consortium.”

3D PDF Consortium executive director Jerry McFeeters said of their newest technology member, “We are extremely pleased to have Elysium become a member of the Consortium. Over the past three decades, they have established an excellent reputation as a leader in the data exchange community. With their extensive technical knowledge of the CAD industry and wide range of tool sets, they will become a major contributor to the 3D PDF Consortium activities very quickly.”

About 3D PDF Consortium

The 3D PDF Consortium is a community of organizations representing a broad cross-section of industries and institutions. Small and large end user companies, software developers, and systems integrators are members of the Consortium. Member companies are dedicated to 3D ubiquity and working together to make that happen.

For more information, visit http://3dpdfconsortium.org/.