Carrefour Selects Centric PLM

CAMPBELL, CA, July 23, 2024 – Centric Software, the product lifecycle management (PLM) market leader, proudly announces its partnership with Carrefour, one of the world’s leading food retailers. Centric Software provides the most innovative enterprise solutions to plan, formulate, develop, procure, manufacture and sell consumer goods products in food & beverage, grocery, multi-category retail to achieve strategic and operational digital transformation goals.

As part of its mission to make their products both affordable and accessible to everyone, and to support their 2026 strategic objectives, Carrefour is focusing its efforts on building a cutting-edge digital retail company. The project will be targeting G6 countries in Europe: France, Spain, Italy, Benelux, Romania and Poland.

To create this new digital retail company, strengthen its purchasing strategy and streamline processes, Carrefour underwent an in-depth search for a PLM solution.

After examining numerous solutions, Carrefour selected Centric PLM as the foundation to support its ambitious 2026 strategic goals. Centric’s proven broad functional coverage for food and HPC (Home and Personal Care) products, and Centric PLM’s user-friendly experience, modular and flexible solution and robust technical foundation were features that led to Carrefour’s decision.

“We are thrilled that Carrefour has selected Centric Software as a partner to support their 2026 strategic goals,” says Fabrice Canonge, president of Centric Software. “With Centric PLM as the foundation of their digital transformation, we look forward to seeing Carrefour continue to make quality services, products and foods across accessible to all, across all channels.”

About the Carrefour Group

With a multi-format network of over 14,000 stores in more than 40 countries, the Carrefour Group is one of the world’s leading food retailers. Carrefour posted sales of €94.1 billion in 2023. Its integrated store network employs more than 300,000 people who help to make Carrefour the world leader in the food transition for all, by offering quality food every day, accessible everywhere and at a reasonable price. In total, more than 500,000 people work under Carrefour banners worldwide.

For more information, visit www.carrefour.com.

About Centric Software

From its headquarters in Silicon Valley, Centric Software provides the market-leading AI-enabled Product Lifecycle Management platform for food & beverage manufacturers, grocery and multi-category retailers. As experts in all fast-moving consumer goods, Centric Software delivers best-of-breed solutions to design, develop, source, buy, make, package, assort and sell products. Centric solutions optimize the product portfolio, harmonize product offers and streamline product development by speeding time to market and innovation while enhancing quality control and ensuring regulatory compliance.

Centric Software maintains a 100% go-live rate and has received awards for excellence from Just Food, Just Drinks, Business Awards UK, Frost & Sullivan and many other regional accolades. Centric Software is proud to provide the best solutions, backed by the best team and to partner with the best customers.

For more information, visit www.centricsoftware.com.

Siemens, BAE Systems Partner for Digital Innovation

LONDON, UK, July 23, 2024 – Siemens and BAE Systems have announced an agreement that will see the two businesses collaborate on innovation in engineering and manufacturing technologies embracing digital transformation, whilst leveraging digital capabilities throughout program lifecycles.

Operator calls up digital information from the automated logistics store in the factory for live factory data (Image credit: BAE Systems/Mark Wright)

The five-year agreement is designed to explore and develop a strategic blueprint for engineering of the future and factory of the future capabilities across design and manufacturing disciplines within BAE Systems. This builds on and exploits the recent deployment of Siemens’ NX software for product engineering and Teamcenter software for product lifecycle management (PLM), from the Siemens Xcelerator portfolio of industry software. Edge computing solutions and technology validation have also been successfully used across multiple catapult and technology centers.

Through the agreement, Siemens Digital Industries and BAE Systems commit to working together regionally and internationally in the fields of sustainability, industrial digitalization, and supply chain modernization to develop a framework to accelerate the commercial application benefits to BAE Systems within technology exploitation and adaptation.

The framework for collaboration follows decades of successful partnership between the two companies. This has included the development and delivery of a range of Siemens’ technology, knowledge sharing between engineers and joint showcases of solutions at industry forums.

Siemens and BAE Systems will also continue previous initiatives to innovate and develop new approaches to digital manufacturing supporting the Factory of the Future initiative within BAE systems.

Brian Holliday, managing director at Siemens Digital Industries in the UK and Ireland, said: “This agreement builds on a well-established, successful collaboration between BAE Systems and Siemens, companies which share ambitions to promote manufacturing careers and innovation. Technology is transforming manufacturing at an accelerated pace and we are proud to work with BAE Systems at the leading edge of Industry 4.0 in the UK.

“The partnership is a good example of Siemens’ broader vision for how we want to work with customers via Siemens Xcelerator, which is built on digital portfolio, eco-system thinking and a digital marketplace. The principle is that by working together in a focused way, we can accelerate the time to business and sustainability benefits through technology.”

Iain Minton, technology capability delivery director at BAE Systems, said: “Collaborations like this help us develop and invest in digital thread enabling technologies in a much more integrated and seamless way. Siemens understand the complexities of our operating environment, so we can very quickly mature an idea to the point where it is put into practice, for example when we are looking to implement / optimize new engineering, support or manufacturing capabilities. That’s the real value of this collaboration – the trust and understanding we have built together creates a really powerful force in driving results for the aerospace sector.”

Ben Sheath, vice president and managing director, UK & Ireland, Siemens Digital Industries Software, said. “We are pleased to extend Siemens’ two-decade long relationship with BAE Systems as it continues to deliver on strategic plans to build the factory of the future. We look forward to working alongside the team at BAE Systems as they leverage the power of Industry 4.0 to help achieve the company’s digital transformation goals. This is another great example of how leaders in aerospace are choosing to partner with Siemens and adopt the Siemens Xcelerator portfolio as the foundation of their digital transformation.”

About Siemens Digital Industries Software

Siemens Digital Industries Software helps organizations of all sizes digitally transform using software, hardware and services from the Siemens Xcelerator business platform. Siemens’ software and the comprehensive digital twin enable companies to optimize their design, engineering and manufacturing processes to turn today’s ideas into the sustainable products of the future. From chips to entire systems, from product to process, across all industries. Siemens Digital Industries Software – Accelerating transformation.

About Siemens Digital Industries

Siemens Digital Industries (DI) is an innovation leader in automation and digitalization. Closely collaborating with partners and customers, DI drives the digital transformation in the process and discrete industries. With its Digital Enterprise portfolio, DI provides companies of all sizes with an end-to-end set of products, solutions and services to integrate and digitalize the entire value chain. Optimized for the specific needs of each industry, DI’s unique portfolio supports customers to achieve greater productivity and flexibility. DI is constantly adding innovations to its portfolio to integrate cutting-edge future technologies. Siemens Digital Industries has its global headquarters in Nuremberg, Germany, and has around 72,000 employees internationally.

About Siemens AG

Siemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare.

In fiscal 2023, which ended on September 30, 2023, the Siemens Group generated revenue of €77.8 billion and net income of €8.5 billion. As of September 30, 2023, the company employed around 320,000 people worldwide. Further information is available on the Internet at www.siemens.com.

L&T Technology Services Partners with SymphonyAI

BANGALORE, India and PALO ALTO, CA, July 23, 2024 – L&T Technology Services, a leading global digital engineering and R&D company, and SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, announced they are partnering to bring transformative AI operations to enterprises worldwide. The solutions are delivered through SymphonyAI Apex Service Management, a predictive and generative AI-based IT service management/enterprise service management (ITSM/ESM) platform, and the Apex Enterprise Copilot, to turbocharge productivity, simplify work, and create delightful experiences for end users, analysts, and executives.

The partnership has already deployed AI-based Apex Service Management for a joint customer whose software-centric, cloud-native solutions provide high-quality media experiences across linear, on-demand, and OTT services. The joint customer benefits from the combination of its longstanding relationship with L&T Technology Services (LTTS) and Apex IT Service Management ease of adoption, low TCO, and API-based integration with third-party applications. Apex Information Technology Service Management, powered by SymphonyAI’s award-winning Eureka predictive and generative AI platform, delivers responsive, effective, and efficient enterprise systems management capabilities with a lightweight architecture to roll out new services and resolve service requests up to 50% faster using generative AI. In replacing its legacy ITSM system, the customer will reduce operating costs, increase analyst productivity across hundreds of analysts, and drive rapid ROI with the ability to quickly configure and ingest existing customer operations, records, and SLAs.

“L&T Technology Services’ proven track record of deep domain consulting expertise and a multi-vertical market leadership has established us as a trusted partner in digital transformation for the world’s top Fortune 500 companies. The synergy with SymphonyAI’s CoPilots and innovative service management platform delivers joint customers rapid, predictive ROI through a transformative enterprise platform,” said Alind Saxena, executive director & president – mobility & tech, at L&T Technology Services. “We are excited to provide flexible, powerful, and configurable solutions to customers worldwide.”

“The combined value of SymphonyAI and L&T Technology Services provides customers in multiple industries the powerful benefits of digital transformation with leading predictive and generative AI,” said Kumar Abhimanyu, senior VP and global head of strategic partnerships at SymphonyAI. “With deep domain expertise and specialization solving real-world business problems with advanced AI, the partnership delivers unique benefits for innovative organizations worldwide.”

“SymphonyAI continues to invest aggressively in extending industry leadership and innovation via its Apex platform and the generative AI-based Enterprise Copilot. Both deliver major improvements for teams deploying new services and providing seamless self-service for end users,” said Satyen Vyas, President of SymphonyAI’s enterprise IT division. “We are pleased to partner with LTTS and leverage their latest cutting-edge AI-enabled innovations to give customers easy-to-use, intuitive, speedy, cost-effective IT and enterprise service management and workflow automation for vastly improved productivity, ROI, and user satisfaction.”

About SymphonyAI

SymphonyAI is a leading enterprise AI SaaS company for digital transformation across the most critical and resilient growth verticals, including retail, consumer packaged goods, finance, manufacturing, media, and IT/enterprise service management. SymphonyAI verticals have many leading enterprises as clients. Since its founding in 2017, SymphonyAI has grown rapidly to 3,000 talented leaders, data scientists, and other professionals. SymphonyAI, 2024 Microsoft Partner of the Year for Business Transformation – AI Innovation, is a SAIGroup company, backed by a $1 billion commitment from successful entrepreneur and philanthropist Dr. Romesh Wadhwani.

Learn more at www.symphonyai.com.

About L&T Technology Services Ltd

L&T Technology Services Limited (LTTS) is a listed subsidiary of Larsen & Toubro Limited focused on Engineering and R&D (ER&D) services. We offer consultancy, design, development and testing services across the product and process development life cycle. Our customer base includes 69 Fortune 500 companies and 57 of the world’s top ER&D companies, across industrial products, medical devices, transportation, telecom & hi-tech, and the process industries. Headquartered in India, we have over 23,550 employees spread across 22 global design centers, 30 global sales offices and 108 innovation labs as of June 30, 2024.

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

AMD President Victor Peng to Retire

SANTA CLARA, CA, July 23, 2024 – AMD announced that AMD president Victor Peng is retiring effective August 30, 2024. He will continue to serve on the AMD executive team in an advisory role and support the transition until his retirement date.

“Victor re-joined AMD in 2022 following the acquisition of Xilinx and played an important role successfully integrating and scaling our embedded business and leading our cross-company AI strategy,” said AMD chair and CEO Dr. Lisa Su. “Under his leadership, AMD became the industry’s #1 provider of FPGA and adaptive computing solutions. On behalf of the AMD Board, executive leadership team and the thousands of employees who have worked with him, I want to thank Victor for his outstanding leadership and wish him the best in his retirement.”

Peng retires with over 40 years of experience defining and delivering leadership technologies across FPGAs, SoCs, GPUs and high-performance CPUs. He has served as president at AMD since February 2022 when he rejoined the company after the acquisition of Xilinx, where he spent 14 years, most recently serving as president, CEO and member of the board of directors.

As part of the transition, Senior Vice President of the Artificial Intelligence Group (AIG) Vamsi Boppana will expand his current responsibilities to include the AMD Instinct data center AI accelerator business. Boppana joined Xilinx in 2008 and has served in a variety of technical and business leadership positions. He is currently responsible for cross-company AI software and ecosystem development and AI hardware roadmaps. Senior Vice President and General Manager, Adaptive and Embedded Computing Group Salil Raje will continue in his role leading the AMD embedded business. Boppana and Raje will now report to AMD Chair and CEO Dr. Lisa Su.

About AMD

For more than 50 years AMD has driven innovation in high-performance computing, graphics and visualization technologies. Billions of people, leading Fortune 500 businesses and cutting-edge scientific research institutions around the world rely on AMD technology daily to improve how they live, work and play. AMD employees are focused on building leadership high-performance and adaptive products that push the boundaries of what is possible.

For more information, visit AMD website.

Beacon PRO+ Integrates with EagleView’s Roof Measurements

HERNDON, VA, July 23, 2024 – Beacon, the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and related exterior products, announced today an enhanced alliance with EagleView, a leading provider of aerial imagery, software, and analytics. This collaboration includes a seamless integration of EagleView’s detailed roof measurements with Beacon PRO+, an industry-leading ecommerce platform.

Available exclusively in Beacon PRO+, Smart Order is a first-to-market digital tool that provides contractors with fast and accurate ordering utilizing EagleView’s aerial imagery measurement service. In under one minute, contractors can develop a complete materials list and place a customized order based on roof measurements.

“Beacon’s collaboration with EagleView makes it easy for contractors to quickly and accurately place digital orders, allowing them to run their business more efficiently and profitably,” said Jonathan Bennett, Beacon’s chief commercial officer. “Continued investment in our digital platform increases customer loyalty and enhances profit margin driving, above market growth in line with our Ambition 2025 strategy.”

“EagleView is proud to collaborate with Beacon, making it easy for customers to turn measurement reports into orders all within Beacon PRO+. Beacon PRO+ automates workflow, saves time, and increases efficiency for roofers,” explained Allan York, EagleView’s senior vice president, construction & solar.

Customers can access the Beacon PRO+ Smart Order experience by logging in at: https://becn.com/beacon-pro-plus.

About Beacon

Founded in 1928, Beacon is a publicly-traded Fortune 500 company that distributes specialty building products, including roofing materials and complementary products, such as siding and waterproofing. The company operates over 560 branches throughout all 50 states in the US and 7 provinces in Canada. Beacon serves an extensive base of nearly 100,000 customers, utilizing its vast branch network and service capabilities to provide high-quality products and support throughout the entire project lifecycle. Beacon offers its own private label brand, TRI-BUILT, and has a proprietary digital account management suite, Beacon PRO+, which allows customers to manage their businesses online. Beacon’s stock is traded on the Nasdaq Global Select Market under the ticker symbol BECN.

To learn more about Beacon, please visit www.becn.com.

About EagleView

EagleView is a leader in geospatial technology, providing solutions that transform the way customers work. EagleView is renowned for its geospatial data and extensive imagery library which encompasses 94 percent of the US population. EagleView’s unique technology portfolio comprises more than 300 patents, enabling it to offer highly differentiated software, imagery, and analytics products for multiple industries.

Avnet Launches New Brand ‘Tria’

Avnet announces the launch of a new product brand Tria and corresponding business called Tria Technologies to consolidate its compute design and manufacturing. The Tria brand will be the new name for embedded compute boards, systems and associated design and manufacturing services at Avnet.

“The new brand embodies Avnet’s unique ability to deliver standalone modular embedded compute solutions in a world where OEMs are increasingly looking to move from their own chip-down manufacturing to part- or full- pre-made embedded compute platforms,” said Thomas Staudinger, president of Embedded Solutions, Avnet. “It brings together all of Avnet’s compute design and manufacturing capabilities under one brand.”

The Tria Technologies team will design and manufacture standard embedded compute products, and will make custom designs for customer projects. Tria products and services get customers from design to mass production in much shorter time, with improved products and reduced risk to their business model. The Tria modules can be used “as-is” in a product design, or as a starting point for customization. The modules unlock huge computing potential for OEMs that would otherwise have to either start from scratch, or compromise in product design by using an off-the-shelf compute product.

“Tria products and services add significant value for Avnet customers and are a differentiator for the company’s supplier partners,” said Phil Gallagher, Avnet CEO. “As more OEMs look to offload risk and outsource complex manufacturing, they are moving to a modular approach with minimal compromise in size or capability. Avnet, through Tria, is uniquely positioned to help customers deliver on this strategy.”

The Tria brand represents design and manufacturing capabilities and teams all over the world, including the Americas, Europe and Asia. It builds on Avnet’s established market-leading embedded compute and advanced applications solutions, with in-house design and manufacturing campuses in Europe and extended design and manufacturing capabilities in North America and Asia.

“By bringing these teams together under one new global brand, Avnet is addressing a need we see from our customers for comprehensive embedded compute and system design and manufacturing solutions,” explained Staudinger. “Tria represents a step change in what OEMs can achieve in their product design by making it easier to leverage the latest technology and get ahead of the competition.”

The business will build on decades of experience delivering compute and system design services for OEMs on every continent, putting its technology into everything from medical devices to household appliances for globally recognized brand names. Tria’s compute modules have won accolades and recognition across the industry, collaborating closely with partners including Qualcomm Technologies, Inc. The business will remain a wholly owned subsidiary of Avnet, connected to Avnet’s global distribution network and collaborating with Avnet’s other solutions businesses.

For more information, please visit www.Tria-technologies.com.

About Avnet

As a leading global technology distributor and solutions provider, Avnet has served customers’ evolving needs for more than a century. They support customers at each stage of a product’s lifecycle, from idea to design and from prototype to production. Their unique position at the center of the technology value chain enables us to accelerate the design and supply stages of product development so customers can realize revenue faster. Decade after decade, Avnet helps its customers and suppliers around the world realize the transformative possibilities of technology.

Learn more about Avnet at www.avnet.com.

Keysight Introduces PCIe Designer

SANTA ROSA, CA, July 22, 2024 – Keysight Technologies, Inc. introduces PCIe Designer, a new product in the Advanced Design System (ADS) product suite that supports simulation workflows based on industry standards for high-speed, high-frequency digital designs. PCIe Designer is an intelligent design environment for modeling and simulating the latest Peripheral Component Interconnect Express (PCIe) Gen5 and Gen6 systems. Keysight is also improving its electronic design automation (EDA) platform by adding new features to the existing Chiplet PHY Designer tool to estimate chiplet die-to-die link margin performance and Voltage Transfer Function (VTF) compliance measurement.

PCIe Designer is an intelligent design environment for modeling and simulating the latest PCIe Gen5 and Gen6 systems.

PCIe is a versatile and essential interface standard across a wide range of electronics industry segments due to its high-speed data transfer capabilities, scalability, and adaptability. Adoption spans from everyday consumer electronics to specialized applications in high-performance computing and critical infrastructure systems.

Complex PCIe designs support multi-link and multi-lane systems that involve a complex analysis setup between RootComplex and End-Point, sometimes incorporating mid-channel repeaters. Designers spend an inordinate amount of time preparing simulations that are prone to mistakes. Simulations often lack vendor-specific algorithmic modeling interface (AMI) simulation models, which are required early in the design cycle for design space exploration. Designers also need assurance that their prototype design will pass compliance testing before hardware fabrication.

Productivity, Workflow, and Compliance Improvement Features

  • The PCIe Designer automates the setup for multi-link, multi-lane, and multi-level (PAM4) PCIe systems using a smart design environment. It simplifies simulation setup and reduces time-to-first-insight.
  • The PCIe AMI modeler, which supports NRZ and PAM4 modulations, facilitates quick AMI model generation needed for PCIe system analysis. The AMI Model Builder gives designers a wizard-driven AMI model generation workflow to rapidly create models for both transmitters (Tx) and receivers (Rx).
  • Streamlined, simulation-driven virtual compliance testing enables designers to ensure design quality. The integrated, simulation-driven PCIe compliance test workflow reduces design costs by minimizing design iterations and shortening time-to-market.

Chiplet PHY Designer Enhancements

  • Chiplet PHY Designer is the EDA industry’s first simulation solution for Universal Chiplet Interconnect Express (UCIe) standards, enabling predictions of die-to-die link margin, VTF for channel compliance analysis, and forwarded clock capability. Chiplet PHY Designer includes new design exploration and report generation features that accelerate signal integrity analysis and compliance verification to improve designer productivity and time-to-market.

Hee-Soo Lee, director of high-speed digital segment, Keysight EDA, said, “We continue to expand our standards-driven workflow approach to support our customers. Our high-speed digital product portfolio is leading the EDA industry with the most accurate and advanced simulation software for signal integrity analysis and compliance test validation. Digital standards such as PCIe and UCIe are critical to the performance of electronic systems. Designers using our PCIe and UCIe simulation solutions in their workflows can shift left their development cycle to save significant time and cost.”

About Keysight Technologies

At Keysight, they inspire and empower innovators to bring world-changing technologies to life. As an S&P 500 company, they’re delivering market-leading design, emulation, and test solutions to help engineers develop and deploy faster, with less risk, throughout the entire product life cycle. They’re a global innovation partner enabling customers in communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics markets to accelerate innovation to connect and secure the world.

For more information, visit www.keysight.com.

Nscale Acquires Kontena to Enhance HPC, AI Infrastructure

LONDON, UK, July 22, 2024 – Nscale, a fully vertically integrated AI cloud platform, announced the acquisition of Kontena, a leader in high-density modular data centers and AI data center solutions.

This acquisition marks a significant step forward in Nscale’s mission to provide the infrastructure backbone to the growing generative AI market through cost-effective, high-performance solutions that unlock AI’s full potential.

Jef Laurijssen, CEO of Kontena, commented: “Joining forces with Nscale provides us with an incredible opportunity to accelerate the development and deployment of cutting-edge generative AI data center solutions. Our combined expertise will enable us to deliver unparalleled value to our customers in the AI and HPC markets.”

Capitalizing on Kontena’s innovative KONNECT ecosystem combined with Nscale’s extensive infrastructure capabilities, the two companies will deliver high-performance solutions. Kontena’s flagship product, the EDGE data room, is a fully modular generative AI data center solution designed to meet the complex demands of advancing AI development. The EDGE data room is one of the world’s first modular solution deploying AI infrastructure on-premises and in remote locations, far quicker and at lower cost than traditional Tier 3 data centers.

Nscale’s acquisition of Kontena bolsters its commitment to sustainability. Kontena’s modular AI data center solutions will enable Nscale to deliver faster and more cost-effective deployments for customers at its 100% renewable data center sites in Norway and the US.

Joshua Payne, CEO of Nscale, commented: “The acquisition of Kontena allows Nscale to design, build, and deploy bespoke GPU clusters at scale for global Generative AI customers more quickly and more cost-effectively than the competition. Building Kontena into the Nscale value chain will allow us to deliver bespoke GPU superclusters and data center builds for our large supercluster and hyperscale customers across Nscale’s 500MW of greenfield data center capacity. This modular system can be deployed in Nscale’s data centers, on-premise, or at the edge to deliver unrivalled speed, performance, and efficiency on GenAI workloads. This is an important step towards our goal of vertical integration.”

This acquisition underscores Nscale’s dedication to driving innovation and delivering exceptional value to its customers. It follows Nscale’s recent announcement of a strategic partnership with Open Innovation AI, a leading GPU orchestration platform in MENA, targeting the deployment of 30,000 GPUs over the next 3 years, further solidifying its commitment to AI infrastructure and optimized workloads for global markets.

About Nscale

Nscale is a fully vertically integrated AI GPU Cloud provider delivering compute to the generative AI market at scale. Leveraging its 60MW renewable energy-powered data center in Norway and a pipeline of over 500MW of greenfield data centers in the US. Nscale enables customers to run efficient and scalable AI training, fine-tuning, and compute-intensive workloads, supporting advanced AI research and development. Nscale provides the AI infrastructure backbone to the generative AI market.

About Kontena

Founded in 2018, Kontena specializes in high-density data canters and HPC solutions, combining innovation with practicality. The company recently collaborated with ElioVP and Bluesio to develop better and more innovative AI and HPC solutions.

For more information about Nscale’s AI & HPC solutions and the Kontena acquisition, visit nscale.com.

Materialise Acquires FEops

LEUVEN, Belgium, July 22, 2024 – Materialise, a global leader in 3D printing software and services, has acquired FEops, a Belgian company that develops AI-driven simulation technology to improve procedure efficiency and clinical outcomes for structural heart interventions. The acquisition will allow Materialise to expand its cardiovascular solutions with predictive simulation capabilities, advancing the personalized treatment of patients with heart diseases. The amount of the transaction was not disclosed. Increased mass personalization, enabled by 3D technologies, is enhancing healthcare by enabling tailored treatment plans and interventions that cater to the unique anatomy of individual patients, resulting in improved outcomes and patient satisfaction.

FEops combines predictive simulation technology and artificial intelligence, allowing clinicians to more accurately predict how transcatheter structural heart devices will interact with a patient’s anatomy. Materialise’s Mimics Planner for Structural Heart Interventions, an industry-standard solution for segmentation and anatomical analysis, planning, and design, enables the creation of accurate virtual 3D models based on medical image data.

With the integration of FEops, the Mimics Planner will offer a comprehensive solution for anatomy-based 3D planning and AI-based simulation, allowing clinicians to simulate the interaction between a medical device, such as a heart valve, and a patient’s unique anatomy. This advancement is set to transform patient care for structural heart diseases by offering a more interactive and AI-based solution for preparing heart procedures.

“At Materialise, we are pioneering the advent of mass personalization in healthcare, using advanced visualization and 3D printing technologies to deliver precise, patient-specific solutions,” said Brigitte de Vet, CEO of Materialise. “By integrating FEops’ advanced predictive simulation technology with our Mimics Planner, we are expanding our cardiovascular solutions to provide clinicians with comprehensive insights into patient anatomy. This integration will not only enhance the accuracy and efficiency of structural heart interventions but also improve clinical outcomes and patient safety.”

Historically, transcatheter procedures were reserved for the most complex cases and high-risk patients, but these procedures are becoming more common today. However, challenges remain in evaluating patient eligibility for transcatheter interventions and assessing potential risks and adverse events. Enhanced visualization and simulation technologies are essential in improving the clinical workflow, thereby expanding the availability of transcatheter procedures to a broader range of patients and improving overall outcomes.

Structural heart diseases, like heart valve diseases, represent a significant medical and economic challenge, being the leading cause of cardiovascular morbidity and mortality worldwide. Currently, 47 million people suffer from heart valve diseases, and this number is steadily increasing. By 2030, the annual costs associated with adverse outcomes are projected to reach 70 billion USD globally.

Materialise is advancing mass personalization in healthcare by facilitating the creation of image-based virtual 3D models for pre-procedural planning, enhancing the precision and success of complex procedures. These models enable the creation of personalized medical devices, guides, and implants tailored to the precise anatomical specifications of individual patients. This level of personalization enhances patient outcomes and makes personalized healthcare more efficient and accessible to more patients.

About Materialise

Materialise incorporates more than three decades of 3D printing experience into a range of software solutions and 3D printing services that empower sustainable 3D printing applications. Our open, secure, and flexible end-to-end solutions enable flexible industrial manufacturing and mass personalization in various industries — including healthcare, automotive, aerospace, eyewear, art and design, wearables, and consumer goods. Headquartered in Belgium and with branches worldwide, Materialise combines the largest group of software developers in the industry with one of the world’s largest and most complete 3D printing facilities

For more information, visit www.materialise.com.

Ansys Q2 Results, Conf Call on July 31

PITTSBURGH, PA, July 22, 2024 – Ansys announced that the company expects to release its second quarter earnings on Wednesday, July 31, 2024, after the market closes. As previously announced, in light of the pending transaction with Synopsys, Inc. (Synopsys), Ansys has suspended quarterly earnings conference calls and no longer provides quarterly or annual guidance.

After the market closes on Wednesday, July 31, 2024, you can find the following information on the investor section of our website at https://investors.ansys.com: the earnings press release and the 10-Q filing.

About Ansys

When visionary companies need to know how their world-changing ideas will perform, they close the gap between design and reality with Ansys simulation. For more than 50 years, Ansys software has enabled innovators across industries to push boundaries by using the predictive power of simulation. From sustainable transportation to advanced semiconductors, from satellite systems to life-saving medical devices, the next great leaps in human advancement will be powered by Ansys.

For more information, visit www.ansys.com.