STOCKHOLM, Sweden, Jun 4, 2025 – Sandvik has completed the previously announced acquisition of Verisurf Software Inc. (“Verisurf”), a US-based 3D metrology software solutions provider. The company will be reported as a separate business unit within the business area Machining and Intelligent Manufacturing.
Verisurf has 44 employees and is headquartered in Anaheim, California, US. In 2024, the company had revenues of approximately SEK 130 million (USD 12 million). The impact on Sandvik’s EBITA margin and earnings per share will be limited.
About Verisurf
Verisurf Software, Inc. is a measurement solutions company committed to delivering advanced surface analysis, quality inspection, assembly guidance, and reverse engineering solutions. Verisurf products and processes are vital to maintaining a digital thread throughout design, engineering, manufacturing, and quality. Based on a powerful CAD/CAM platform, Verisurf is a leader in MBD, open standards, and interoperability with all Coordinate Measuring Machines (CMMs) and CAD software. Verisurf solutions empower manufacturers to optimize their product realization process, producing high-quality products in less time and every time.
About Sandvik Group
Sandvik is a global, high-tech engineering group providing solutions that enhance productivity, profitability and sustainability for the manufacturing, mining and infrastructure industries. We are at the forefront of digitalization and focus on optimizing our customers’ processes. Our world-leading offerings include equipment, tools, services and digital solutions for machining, mining, rock excavation and rock processing. In 2024 the Group had approximately 41,000 employees and revenues of about SEK 123 billion in about 150 countries within continuing operations. For more information, visit https://www.home.sandvik.
ST. PETERSBURG, Russia, Jun 3, 2025 – ASCON Group, the leading Russian developer of high-performance CAD/AEC/PLM systems, is pleased to announce that, it has recently visited Vietnam as part of a delegation from the Ministry of Industry and Trade. The visit focused on strengthening cooperation in the fields of electronics and information technology, with a particular emphasis on industrial digitalization.
During meetings with local companies and business associations, ASCON presented its flagship software solutions:
KOMPAS-3D CAD system for mechanical engineering;
Renga BIM system and Pilot-BIM common data environment for the construction industry;
C3D geometric kernel, designed for the use in universities, government organizations, and commercial enterprises.
Alexander Rybinsky, Head of International Sales Department at ASCON, shared insights into Vietnam’s growing interest in IT solutions:
“Vietnam is developing rapidly. Microelectronics is a key sector where the country has made notable progress. Additionally, there is active growth in the automotive industry and software development. There’s also strong interest in digitalizing the energy sector and public services.
The business culture is dynamic and open — even after formal meetings, Vietnamese partners often take the initiative to continue discussions and explore joint opportunities.”
ASCON entry into the Vietnamese market reflects a broader push to bring engineering innovations to the global stage.
About ASCON
Founded in 1989 as a private company, ASCON, becoming one of the first CAD/AEC/PLM developers and integrators in Russian and CIS member countries. Its software solutions address key engineering design issues, such a accurate 3D modeling, preparation and release of drawings and design documentation, business process development, and engineering data management.
Today, ASCON is a dynamic company employing 800 highly qualified specialists. The company operates 60 offices and dealer centers in major industrial regions worldwide. Each branch office provides a full range of services in software implementation, IT consulting, personnel training, software integration and support.
The number of KOMPAS installations exceeds 80 000 seats in automotive, heavy machinery, aerospace and defense, agriculture, oil production and power generation, manufacturing and construction, electronics and engineering industries. For more information, visit https://ascon.net.
MINNEAPOLIS, MN, USA, Jun 3, 2025 – Proto Labs, Inc. (“Protolabs” or the “Company”) (NYSE: PRLB), the world’s leading provider of digital manufacturing services, announced its Board of Directors has appointed Suresh Krishna as President and Chief Executive Officer and a member of the Board of Directors, effective immediately. Krishna most recently served as President and Chief Executive Officer at Northern Tool + Equipment, a manufacturer and retailer of tools and commercial equipment.
Krishna succeeds Rob Bodor, who has entered into a consulting arrangement with the Company to facilitate a seamless transition. With Krishna as CEO, the Board believes Protolabs is well-positioned for success thanks to its strategy as a single manufacturing source—from prototyping to production—for product developers, engineers and supply chain teams across the globe. At Northern Tool + Equipment, he was instrumental in expanding the company’s customer-centric culture and customer base and was the catalyst of accelerating its growth strategy through operational and supply chain optimizations.
Rainer Gawlick, Chairman of Protolabs’ Board of Directors said, “Under Rob’s leadership, Protolabs has expanded its capabilities, enhanced its manufacturing processes, significantly broadened the Protolabs Network and driven business-wide organizational improvements, all to better serve its customers. With the solid foundation that Rob helped establish, the Company is well-prepared to enter its next phase of growth. We thank Rob for his dedication to Protolabs and its customers and wish him well in his next chapter.”
Gawlick continued, “Protolabs has started the year strong, and we are pleased to welcome Suresh as the Company’s new CEO. With a 30-year track record of overseeing profitable growth and shareholder value creation at manufacturing companies, we are confident that he has the right skills and experience to build on the Company’s positive momentum. He will take Protolabs to the next level by growing our customer loyalty and share, accelerating the execution of our production expansion initiatives and continuing to drive profitable growth through our unique digital manufacturing model. Importantly, Suresh brings fresh perspectives and a talent for implementing innovative growth strategies, which will be key to advancing our winning strategy and delivering results.”
Krishna said, “I’m honored to join Protolabs as its next CEO. This is an important time as the Company works to expand its offerings and gain a larger share of the $100 billion digital manufacturing market. Protolabs has an amazing team, best-in-class production times and a key competitive advantage as the only digital manufacturer that combines in-house digital manufacturing with a network of manufacturing partners. This next chapter for the Company is going to be an extraordinary one, and I am thrilled to be leading the talented Protolabs team forward.”
Bodor said, “It’s been a privilege to have led the Protolabs team over the past four years. Together, we have advanced the Company’s position as a leading prototype manufacturer serving some of the most innovative companies in the world across a range of industries. Core to our success has been our unwavering commitment to quality and our customers, who have rewarded us with their loyalty and business. I look forward to seeing Protolabs continue to advance and achieve its full potential.”
Second Quarter 2025 Outlook
The Company reaffirms its previously provided outlook for the second quarter of 2025.
In the second quarter of 2025, the Company expects to generate revenue between $124.0 million and $132.0 million.
The Company expects second quarter 2025 diluted net income per share between $0.11 and $0.19, and non-GAAP diluted net income per share between $0.30 and $0.38. See “Non-GAAP Financial Measure” below.
About Suresh Krishna
Suresh Krishna is an experienced operating executive and business leader with a 30-year track record of generating profitable growth. Krishna most recently served as President and Chief Executive Officer of Northern Tool + Equipment, a manufacturer and retailer of tools and commercial equipment serving millions of customers annually. At Northern Tool, he led the workforce through a business and cultural transformation with a focus on customer-centric innovation, operational excellence and growth. Prior to that, Krishna held operations and leadership roles at companies such as Sleep Number Corporation, Polaris Industries and UTC Fire & Security. Krishna holds a bachelor’s degree in mechanical engineering from the National Institute of Technology (Tiruchirappalli, Tamil Nadu, India) and a master’s in business administration from the Kellogg School of Management at Northwestern University.
About Protolabs
Protolabs is the world’s fastest manufacturing service enabling companies across every industry to streamline production of quality parts throughout the entire product life cycle. From custom prototyping to end-use production, we support product developers, engineers, and supply chain teams along every phase of their manufacturing journey. Get started now at protolabs.com.
PLANO, TX, USA, Jun 3, 2025 – Siemens Digital Industries Software announced today Systems Modeler for SysML v2 Standard software, part of the Siemens Xcelerator portfolio, to address the complexity of products that feature mechanical, electrical, electronic, and software components. Systems Modeler for SysML v2 offers an intuitive, web-based solution that enables engineers to develop smarter, more competitive and more innovative products.
Systems Modeler for SysML v2 offers an intuitive, web-based tool to help engineers develop smart, complex and innovative products.
Representing the next milestone in Siemens’ collaboration with IBM to deliver best-in-class model-based systems engineering (MBSE) software, Systems Modeler for SysML v2 is powered by IBM Rhapsody Systems Engineering. The new software, part of the Siemens Xcelerator portfolio, fully supports the SysML v2 open standard and leverages the two organizations’ decades of systems engineering expertise. SysML v2 is a new modeling language for the specification, analysis, design, verification and validation of a broad range of complex systems and systems-of-systems.
Systems Modeler for SysML v2 is designed to improve collaboration among engineering teams involved in complex product development.
“By supporting the latest SysML v2 standard, we’re combining cutting-edge systems engineering best practices with a modern user experience and streamlined cross-domain workflows,” said Frances Evans, senior vice president, Lifecycle Collaboration Software, Siemens Digital Industries Software. “We are empowering engineers to work more efficiently, align across domains, and accelerate the development of complex systems.”
“We are proud to partner with Siemens in empowering systems engineers to leverage advanced SysML v2 modeling while enabling seamless collaboration across software, mechanical, and electrical domains,” said Melissa Modjeski, vice president, IBM Software – Security, Lifecycle Management and B2B Integration. “We are delivering a truly integrated model-based development process that sharpens our clients’ competitive edge.”
Systems Modeler for SysML v2 will offer integration with Siemens’ Teamcenter to connect the systems-focused digital thread based on open standards, integrating data and processes across mechanical, electronics, electrical and software.
System Modeler for SysML v2 is designed to improve collaboration among engineering teams involved in complex product development. It uses SysML v2 models to exchange data between different software applications and engineering domains, such as electrical and mechanical engineering.
Systems Modeler for SysML v2 will offer integration with Siemens’ Teamcenter Product Lifecycle Management (PLM) software. The integrated solution connects the systems-focused digital thread based on open standards, integrating data and processes across mechanical, electronics, electrical and software. This streamlines the transfer of system designs to downstream teams for domain-specific development while maintaining full traceability. Additionally, it supports comprehensive change management across the entire project, ensuring all modifications are tracked and coordinated efficiently.
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.
PLANO, TX, USA, Jun 3, 2025 – Siemens Digital Industries Software announced today the latest members to join its OSAT Alliance program which enables outsourced semiconductor assembly and test (OSAT) providers to develop, validate and support integrated circuit (IC) package assembly design kits (ADKs) that drive broader adoption of emerging technologies by fabless semiconductor and systems companies and help to build secure domestic semiconductor supply chains.
The OSAT Alliance helps mutual customers to fully leverage the integrated workflow across Siemens’ EDA portfolio (including Calibre® software, Innovator3D IC software, HyperLynx software and Xpedition™ Package Designer software) and encourage selected supply-chain partners to develop design flows and assembly design kits (ADKs) so that their customers can design, verify and validate efficiently and predictably for the partners’ advanced semiconductor integration platforms and technologies
“The OSAT Alliance has been designed to help promote the adoption and growth of advanced semiconductor packaging throughout the industry’s ecosystem and enable system and fabless semiconductor companies to have a friction-free path to emerging packaging technologies,” said AJ Incorvaia, senior vice president and general manager, Electronic Board Systems Division, Siemens Digital Industries Software. “We welcome Mosaic Microsystems and Nhanced Semiconductors and look forward to them joining us on this journey towards a secure domestic semiconductor supply chain in the USA.”
Mosaic Microsystems, headquartered in Rochester NY, will use Siemens‘ EDA technologies to develop ADKs for its thin glass substrate technology for a range of microelectronics applications, photonics, RF/mmWave, MEMS and sensor technologies.
Image courtesy of Mosaic Microsystems
“Joining the OSAT Alliance is a significant step for Mosaic Microsystems as we continue to drive innovation in high-density advanced packaging. Integrating our unique thin glass technology with Siemens’ comprehensive EDA portfolio, alongside the expertise of other alliance members, will unlock new possibilities for our customers,” said Chris Mann, Vice President of Business Development, Mosaic Microsystems. “The development of standardized design flows and ADKs will be instrumental in streamlining the design and assembly process, allowing for more predictable and high-performance outcomes with our advanced substrates.”
Image courtesy of NHanced Semiconductor Inc.
NHanced Semiconductors in Morrisville NC and Odon, Indiana will employ Siemens EDA technologies to develop ADKs for their silicon interposer-based technology which targets the industrial, medical, military and scientific industry segments.
“Our membership in the Siemens OSAT Alliance provides our customers with a comprehensive software suite to implement superior heterogeneous integration and advanced packaging designs,” said Robert Patti, president, NHanced Semiconductors. “It also expands the benefits of our Foundry 2.0 business model, which integrates best-of-class dies and chiplets from traditional foundries into novel assemblies. The OSAT Alliance is a critical asset in re-shoring advanced packaging to the US.”
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.
CONCORD, NC, USA, Jun 3, 2025 – RFK Racing announced a multi-year sponsor partnership with Trimble, a global technology company that enables essential industries including construction, geospatial and transportation. The collaboration between Trimble and RFK will debut during the 2025 NASCAR season with Trimble’s primary sponsorship on Ryan Preece’s No. 60 Ford Mustang and Chris Buescher’s No. 17 Ford Mustang, beginning with Preece’s entry at Nashville Superspeedway on June 1. Trimble will increase its involvement across RFK Racing’s full fleet in upcoming seasons, including Brad Keselowski’s No. 6 Ford Mustang.
The collaboration is rooted in a shared passion for innovation, precision, and high-performance teamwork—bringing Trimble’s commitment to delivering “Confidence at Every Turn” to the racetrack.
“This is a high-profile opportunity to expand awareness of Trimble by supporting a leading NASCAR team with a technology vision closely aligned with our own,” said Rob Painter, president and CEO of Trimble. “Both organizations focus on cohesive technology ecosystems and data-driven precision as the formula for winning in dynamic and intensely competitive environments.”
Trimble is a global technology company that employs more than 12,000 people worldwide and serves customers in over 175 countries. The company reported $3.68 billion in revenue in 2024. Customers in construction, transportation and geospatial industries rely on Trimble solutions to improve operational efficiency and project outcomes.
“Partnering with a forward-thinking, technology-driven company like Trimble is a great fit for RFK Racing,” said Steve Newmark, president of RFK Racing. “Our team and Trimble operate in fast-paced, high-performance environments that demand precision and innovation. Their deep expertise and commitment to technology will bring valuable perspective and collaboration to our program.”
Trimble will also join the RFK TeK Alliance, a collaborative platform where technology-oriented sponsors work together to test and refine products in applied racing and operational environments.
“Every week in NASCAR feels like a science project, where we’re constantly testing, learning, and improving,” said RFK Racing driver and co-owner Brad Keselowski. “Partnering with Trimble allows us to do more of that work in the digital space, refining our performance virtually before we ever hit the track. That kind of innovation is not only smart, it’s essential in today’s competitive environment.”
“NASCAR’s 90 million fans include more than 17 million associated with the industry sectors we serve,” said Painter. “The opportunity to join these stakeholders in the exciting NASCAR environment and to collaborate within the RFK TeK Alliance make this a compelling investment for Trimble.”
About RFK Racing
RFK Racing, in its 38th season in 2025, features an ownership lineup pairing one of the sport’s most iconic names, Jack Roush, along with NASCAR Champion, Brad Keselowski, and Fenway Sports Group owner John Henry. Roush initially founded the team in 1988 and it has since become one of the most successful racing operations in the world, propelling him to be the first NASCAR owner to amass three hundred wins and capturing eight championships, including back-to-back NASCAR Cup titles in 2003 and 2004. Keselowski, a former owner in the NASCAR Truck Series, is the 2012 NASCAR Cup Series Champion. In 2007, Roush partnered with Henry, who also owns Major League Baseball’s Boston Red Sox, English Premier League’s Liverpool F.C., and the NHL’s Pittsburgh Penguins, to form Roush Fenway Racing. Off the track, RFK is a leader and proven winner in NASCAR marketing solutions, having produced multiple award-winning social media, digital content and experiential marketing campaigns. Visit rfkracing.com, and follow the team on all social platforms @rfkracing.
About Trimble
Trimble is a global technology company that connects the physical and digital worlds, transforming the ways work gets done. With relentless innovation in precise positioning, modeling and data analytics, Trimble enables essential industries including construction, geospatial and transportation. Whether it’s helping customers build and maintain infrastructure, design and construct buildings, optimize global supply chains or map the world, Trimble is at the forefront, driving productivity and progress. For more information about Trimble (Nasdaq: TRMB), visit: www.trimble.com.
SCHAFFHAUSEN, Switzerland, Jun 2, 2025 – GF has signed an agreement to acquire VAG-Group, headquartered in Mannheim (Germany), a renowned global manufacturer and supplier of water utility valve solutions. The transaction is a next step toward GF’s vision of becoming the global leader in Flow Solutions and allows GF to leverage its market position in the infrastructure sector, especially in Europe and the Middle East.
Founded in 1872, VAG-Group has earned a strong reputation as a global full-service provider of high-quality water utility valves for potable water, wastewater infrastructure, dam/hydro, industrial and power end markets. The company employs approximately 1’000 people and operates production plants and sales offices across Europe, the Americas, India, the Middle East, South-East Asia, Africa, and China. VAG-Group, which is currently owned by Aurelius Alpha Invest New GmbH, part of the international private equity investor Aurelius, generates annual sales of approximately EUR 200 million (approx. CHF 190 million).
“Metal valves are a key element of utility water networks. The acquisition of VAG nicely rounds up the GF portfolio in Infrastructure Flow Solutions to include pipes, fittings, valves, connection technology, stormwater management and repair solutions. By combining our strong brands and complementary product portfolios, GF reinforces its position in both the aging water infrastructure and new buildings markets, while also opening doors to new industrial segments,” said Andreas Müller, GF CEO. “This move brings us a step closer to realizing our vision of becoming the global leader in Flow Solutions for buildings, industry and infrastructure.”
The VAG-Group specializes in products such as gate valves, butterfly valves, control valves, and check valves, which are used in critical infrastructure including water pipelines, transmission lines, dams, and power plants, as well as in specific industries such as desalination. Its portfolio also features complementary products that enhance GF’s solutions for stormwater management and help mitigate water loss in distribution networks. VAG-Group’s dedication to sustainable innovation and quality, as well as customer service, is perfectly aligned with GF’s corporate culture and values.
The value of the transaction is expected to be in the range of CHF 200 million, subject to the fulfillment of customary closing conditions. Closing is anticipated by year-end. The transaction will be financed through operating cash flows and the expected proceeds from the closing of the divestment of GF Machining Solutions.
About GF Machining Solutions
GF, with a rich history in industrial innovation, is actively reshaping itself to become the global leader in Flow Solutions for Industry, Infrastructure and Buildings. With its divisions, GF Piping Systems and GF Building Flow Solutions, GF delivers essential products and solutions that enable the safe and efficient transport of liquids and gases worldwide. As part of its strategic transformation, GF is divesting its GF Machining Solutions division and is evaluating strategic options for its GF Casting Solutions division.
Founded in 1802, GF is headquartered in Switzerland and present in 46 countries with 184 companies, 74 of which are production companies as per end of 2024. GF employs about 19’000 professionals and generated sales of CHF 4’776 million in 2024. GF is listed on the Swiss stock exchange. For more information, visit https://www.gfms.com.
PLANO, TX, USA, Jun 2, 2025 – Siemens Digital Industries Software announced today that Arc Boat Company (Arc), a startup on a mission to electrify the marine industry, has adopted the Siemens Xcelerator portfolio of industry software to design and manufacture their high-performance, fully electric boats.
Founded in 2021, Arc is a venture-backed startup based in Los Angeles, California. The company designs and manufactures everything for its electric boats in-house, including battery packs, powertrain systems, thermal control systems and software. Arc One, the company’s first product, sold out its initial production run and the next generation, Arc Sport, a 500 horsepower (hp) all-electric wake boat, is taking the wake boat industry by storm.
The company’s first product, the Arc One was designed, built and delivered in just two years with Siemens Xcelerator and redefined what is possible on the water – with zero-emissions (Image credit: Arc).
The Arc team had experience using Siemens software at other companies, so Siemens Xcelerator was a natural choice to be the company’s technology platform. As Ryan Cook, co-founder and chief technology officer (CTO) at Arc explains, “We thought if Siemens Xcelerator is going to be our long-term software, we might as well just start with it so we don’t have to migrate later.”
The ability to build complex parameterized models in Siemens’ NX™ software from the Siemens Xcelerator portfolio enables Arc to develop adaptable parametric 3D models that support its rapid iteration design, build, test and redesign process. “There’s a lot of parameters involved in hull design – deadrise, beam at chine, keel angle, etc.– so we used NX to parameterize them all. With our fully parametric hull model, we would build one boat, gauge performance, collect data and tweak one or two parameters and then build a second boat based on what we learned,” says Cook. “Fast forward to today and we’re even more sophisticated because we know the performance characteristics we want out of the vehicle. With a given center of gravity and the type of shape we want to go with, we can do it in one shot with NX.”
Designed with Siemens Xcelerator, the Arc Sport delivers the thrill of a high-torque, all-electric wakesurfing boat—with zero emissions (Image credit: Arc).
Arc uses Siemens’ Simcenter™ software to simulate its products – a particular challenge when looking to disrupt an industry that continues to rely on gas-powered propulsion systems and long-established marine engineering principles. Arc’s focus on all-electric propulsion brings new design, engineering and manufacturing challenges, which is why they depend on Siemens’ simulation technologies.
Arc also uses Simcenter software to optimize the centre of gravity, which is challenging due to the heavy battery pack, and to optimize across the composite hull, deck and hard top to remove weight. This lightweighting is critical to achieving required performance. Simcenter software also enables the team to carry out smaller-scale part structural, vibration and thermal analysis work across the entire boat.
Arc added Teamcenter® software for Product lifecycle Management (PLM) during development of its second product, the Arc Sport, to optimize its product and production data management as the complexity of both its product and supply chain increased. Today, the company is expanding its operations in the recreational and wake boating industries and has announced its first steps into the commercial marine industry and expanded line of recreational boats including the Arc Coast, a ‘center console’ all-electric boat that targets fishing and other water activities.
Arc’s goal is to bring the power of software to the marine industry and use industrial design to elevate the customer experience via a simple, beautiful helm, designed with Siemens Xcelerator (Image credit: Arc).
Arc is opening research and development facility at the port of Los Angeles and has begun to build out the charging infrastructure needed to support the ports of Los Angeles and Long Beach’s goal to move to zero emission equipment by 2030. It is also collaborating with Portland, Oregon, shipyard, Diversified Marine, to retrofit a 26-foot-long tugboat for high-performance, zero-emission operations.
As Arc seeks to continue to innovate in the marine industry without using fossil fuel power propulsion methods that don’t fit with today’s requirements for cleaner, more sustainable activities, Siemens Xcelerator is at the heart of its product development process.
Arc cofounders, Mitch Lee (CEO) and Ryan Cook (CTO) are on a mission to electrify the marine industry (Image credit: Arc).
“We’re moving very quickly and it’s a lot of fun to try and apply some fundamental engineering principles to the marine industry and see if we can come up with something better. Siemens Xcelerator helps us to get there quicker, develop new category defining products that delight our customers and create the electrification revolution we want to see in the marine industry,” concluded Cook.
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.
PLANO, TX, USA, Jun 2, 2025 – Siemens Digital Industries Software announced today its ‘Expedite – Skills for Industry’ credential, a four-course, fully online microcredential that prepares students for industry by connecting engineering theory with practical skills. The new credential covers key trends, business processes, and tech-based work environments, providing an essential foundation in industry-relevant skills and empowering graduates to confidently enter the workforce equipped to meet the future demands.
“Our new credential addresses the shift in talent acquisition that now increasingly relies on skills-based hiring practices, seeking out and preferring candidates who can demonstrate and apply engineering proficiencies and durable skills to complement formal degree programs,” said Dora Smith, Senior Director, Future Workforce and Academic Strategy, Siemens Digital Industries Software. “Microcredentials are compressed courses of study that demonstrate proven skills and culminate in a verifiable digital badge. They not only give seekers the opportunity to differentiate themselves in a highly competitive landscape but also aid employers in prioritizing candidates with the specific competencies they need.”
Developed by Siemens, the ’Expedite – Skills for Industry’ credential is a four-course microcredential designed for engineering students and early-career engineers seeking to complement their formal education through the development of in-demand industrial knowledge and professional skills – delivered via the global Coursera learning ecosystem.
The new credential enables learners to connect the theory they’ve gained in the classroom with real-world knowledge focused on product lifecycle management and trending applications of AI, the digital twin, sustainable engineering and the internet of things. Additionally, the credential introduces and strengthens critical workplace capacities such as collaboration, project management, business processes and solutions and risk management. Once a learner completes ‘Expedite – Skills for Industry’, they’re awarded a verifiable digital badge that can be displayed within their portfolio and on social media to attract recruiters and inform hiring managers.
Learners completing ‘Expedite – Skills for Industry’ are awarded a verifiable digital badge that can be displayed within their portfolio and on social media to attract recruiters and inform hiring managers.
“Piloting this Siemens credential provides our students with an additional layer of validity and credibility. When potential employers read the credentials on a resume or see the badge posted, they see Siemens as a clear indicator of quality,” said Craig Downing, Associate Dean of Lifelong Learning, Rose-Hulman Institute of Technology. “I am always on the hunt for educational opportunities or professional opportunities to help our students see how the discipline of engineering is practiced in the real world. While we teach the theoretical, there is a transition between how those theories are exercised in practice. Credentials, such as ‘Expedite – Skills for Industry’, not only boost students’ real-world knowledge but also increase their marketability, showcasing their competence in the fields directly impacted by their degree and giving future employers greater confidence in their hiring decisions.”
The ‘Expedite – Skills for Industry’ credential will be available later this summer and follows the recent news that Siemens has also completed the first part of its collaboration with ABET to pilot recognition of industry credentials – beginning with its ‘Design for the Circular Economy (Sustainable Operations pathway)’ credential which has been recognized by ABET under its Certificate Recognition Standards.
To learn more about Siemens’ work at the forefront of workforce development, empowering its global ecosystem of learners with internationally respected qualifications that will shape the next generation of digital engineering talent, visit: https://www.sw.siemens.com/en-US/academic/credentials.
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.
ST. PETERSBURG, Russia, Jun 2, 2025 – ASCON Group, the leading Russian developer of high-performance CAD/AEC/PLM systems, is pleased to announce the launch of free BIM Courses.
ASCON BIM (Building Information Modeling) courses are designed to help professionals and students in architecture, engineering, and construction (AEC) deepen their understanding of BIM and gain practical skills using Renga and Pilot-BIM solutions.
Acquiring BIM skills is essential in today’s AEC industry as it fundamentally transforms how projects are conceived, designed, built, and managed. BIM is not only a powerful tool for designing accurate, data-rich digital representations of buildings, but it also implies working within a common data environment (CDE). Fostering collaboration among various project stakeholders, it allows architects, engineers, contractors, and owners to communicate clearly, stay aligned, and work together effectively throughout the project.
Two courses open up the series of free BIM (Building Information Modeling) lessons:
The first course focuses on the quick start to Renga, a powerful BIM tool for 3D design and modeling of architectural, structural, and MEP systems. Users will learn to create 3D models, work with project components, and optimize design workflows.
The second course covers an introduction to Pilot System Administration. This course contains basic information about Pilot system purpose and installation and teaches practical steps for configuring Pilot components.
Both courses are beginner-friendly and self-paced, featuring video tutorials that guide users through the core features and workflows of each software, making them an excellent starting point for anyone looking to explore or deepen their understanding of BIM, free of charge.
The courses are available in ASCON Online Academy. Start mastering your BIM skills with ASCON today!
You can request free Renga and Pilot-BIM trials via the link.
About ASCON
Founded in 1989 as a private company, ASCON, becoming one of the first CAD/AEC/PLM developers and integrators in Russian and CIS member countries. Its software solutions address key engineering design issues, such a accurate 3D modeling, preparation and release of drawings and design documentation, business process development, and engineering data management.
Today, ASCON is a dynamic company employing 800 highly qualified specialists. The company operates 60 offices and dealer centers in major industrial regions worldwide. Each branch office provides a full range of services in software implementation, IT consulting, personnel training, software integration and support.
The number of KOMPAS installations exceeds 80 000 seats in automotive, heavy machinery, aerospace and defense, agriculture, oil production and power generation, manufacturing and construction, electronics and engineering industries. For more information, visit https://ascon.net.
