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LEDAS FY19 Revenue Up by 20%

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NOVOSIBIRSK, Russia, Feb 13, 2020 – LEDAS Ltd., a leading provider of software development and consulting services for the engineering market, released some of its 2019 financial results. Fiscal year 2019 saw a 20% overall increase in privately-owned LEDAS’ revenues, thanks mostly to growth in the US market and a higher demand in digital medicine services.

 

25891_LEDAS_revenues2019

 

LEDAS has grown steadily, increasing its revenues threefold over the last five years, as first reported last year. For a third consecutive year, the United States proved to generate nearly half of LEDAS’ software R&D service revenues, 49% in 2019. Sales in the US market grew 25% year-to-year, greater than the overall growth worldwide of 20%. Europe (primarily Germany, France, and Switzerland) came in second with a solid 34%.

 

25892_LEDAS_sales2019

 

LEDAS’ foundational software niche is in computer-aided design (CAD) and manufacturing (CAM). Over the last several years, the company had augmented these traditional sectors to serve a broader market. New sectors include research and development (R&D) into digital medicine, 3D Web and cloud solutions, building information modeling (BIM), and additive manufacturing (3D printing).

Sales in digital medicine, where LEDAS now has five customers, most from the US, reached a record high, providing 39% of LEDAS revenues. Traditional CAM and additive manufacturing was the second largest revenue source, with most customers originating in Europe.

In 2019, LEDAS was the key participant in several customer projects that added to the company’s long-term experience and core competencies. These included fundamental geometric and mathematical modules for general-purpose 3D kernels and solvers, and platforms that form the building blocks of contemporary 3D modeling solutions. These projects generated 18% of LEDAS’ revenues.

“It was very good year for us, because we extended our businesses, revenues, and areas of expertise,” said Alexey Ershov, CEO of LEDAS. “We even expanded our working space, thanks to our recent relocation to larger offices.

“We are approaching 20 long-term customers worldwide, and our business benefited from diversification across geographies and industries,” he added. “We are looking forward to further growth, as these new areas of expertise are in bigger markets and so the demand for experienced software professionals is higher.”

To learn more about LEDAS, visit our Web site at www.ledas.com.

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Over 170 Attend 2020 Lantek International Meeting in Spain

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VITORIA-GASTEIZ, Spain, Feb 13, 2020 – The Europa Congress Center in Vitoria-Gasteiz was dressed up in multiculturalism, innovation and technology on 4th, 5th and 6th February to host the 2020 edition of the Lantek International Meeting. More than 170 attendees, most of them Lantek employees, as well as distributors and invited partners, met there and had the opportunity to know first-hand the results and assessment of the previous year, as well as the roadmap and business objectives that will reinforce the organization’s strategy in the coming years to consolidate Lantek as a global reference in the digital transformation of the sheet metal and metal sector.

 

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As it is already a tradition, representatives of the different departments of Lantek attended the meeting, which is held every year: commercial, operations, technical support, R+D, IT systems, etc. coming from the different presences of the company in the world, from Korea to Brazil, India or Germany. Only the representatives of the company in China were absent on this occasion, but unfortunately, they could not attend.

The 2020 edition has been especially relevant because of the external speakers such as the trainer and technology disseminator Bart Farrell or the conferences and working group sessions carried out in collaboration with prestigious consultants such as Minsait (Indra group), JAKINCODE and OPE Consultants. In total, more than 10 technical, product, commercial and Human Resources sessions to guide everything that will come throughout the year 2020.

“In 2020 our strategy will focus as always on our clients and on the exponential development of our international installed base, making the digital transformation of our sector a reality, based on the most advanced manufacturing technology, as well as on operational excellence as a provider of solutions and services,” said Alberto López de Biñaspre, CEO of Lantek.

The company also took advantage of the meeting to announce last year’s economic results, which show the consolidation of its growth rate. In 2019, turnover stood at 21.1 million euros, an increase of 9.6% over the previous year, strengthening Lantek’s position as a leading company in software development and advanced manufacturing solutions for the sheet metal and metal sector.

About Lantek

Lantek is a multinational which is leading the digital transformation of companies in the sheet metal and metal industry. With its patented manufacturing intelligence software, it enables factories to be connected, turning them into Smart Factories. It rounds off its range of services with CAD/CAM/MES/ERP solutions for companies that manufacture metal parts from sheet metal, tubes and profiles using any cutting technology (laserplasmaoxycutwaterjetshearing and punching).

Founded in 1986 in the Basque Country (Spain), one of the main European hubs of machine tool development, Lantek enables the integration of sheet metal and metal processing technologies using the most advanced manufacturing management software. The company is currently the outstanding leader in its sector thanks to its capacity for innovation and commitment to internationalization. With more than 20,000 customers in over 100 countries and 20 own offices in 14 countries, it has an extensive network of distributors with an international presence. In 2017, its international business contributed to 86% of its revenue. For more information, visit https://www.lanteksms.com.

3D Systems President and CEO Vyomesh Joshi Plans to Retire

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ROCK HILL, SC, USA, Feb 13, 2020 – 3D Systems (NYSE:DDD) announced that President and CEO Vyomesh (VJ) Joshi, 65, has notified the Board of Directors of his decision to retire and the Board has initiated a search for his successor. Joshi will continue to serve in his current role until a new CEO is appointed and will then transition to be a strategic adviser to the company. The company is partnering with executive search firm Spencer Stuart to conduct a search for Joshi’s successor.

 

Joshi-VyomeshVyomesh Joshi, President and CEO, 3D Systems Inc.

 

“On behalf of the board of directors, I want to personally thank VJ for his accomplishments at 3D Systems. He is a pioneer and a visionary in digital manufacturing solutions and he has led this company through a vital phase,” said Charles (Chip) McClure, Chairman of the Board of Directors. “I have such great respect for him and his career. He is a man of integrity and I am grateful to have served alongside him.”

Joshi joined 3D Systems in April 2016. Under his leadership, the company has stabilized financially, significantly improved product quality and re-invigorated innovation across its portfolio of 3D printing hardware, materials, software and services to take digital manufacturing solutions from prototyping to production.

“A lot of personal reflection and discussion with the Board have gone into my decision. The deciding factor was our full confidence that 3D Systems is ready for the next level,” Joshi said. “We are poised for growth and we have built a great team, a strong culture and a powerful portfolio. I am honored to have led 3D Systems through such a pivotal stage and position the company for profitable growth in its next chapter.”

Last week, the company announced it plans to hold a conference call and simultaneous webcast to discuss its financial results for the fourth quarter and full year 2019 on Wednesday, February 26, 2020, at 4:30 p.m. Eastern Time. For the fourth quarter of 2019, the company anticipates revenue will be in the range of $163 million to $165 million.

About 3D Systems

More than 30 years ago, 3D Systems brought the innovation of 3D printing to the manufacturing industry. Today, as the leading digital manufacturing solutions company, it empowers manufacturers to create products and business models never before possible through transformed workflows. This is achieved with the Company’s best-of-breed digital manufacturing ecosystem – comprised of plastic and metal 3D printers, print materials, on-demand manufacturing services and a portfolio of end-to-end manufacturing software. Each solution is powered by the expertise of the company’s application engineers who collaborate with customers to transform manufacturing environments. 3D Systems’ solutions address a variety of advanced applications for prototyping through production in markets such as aerospace, automotive, medical, dental and consumer goods. More information on the company is available at www.3dsystems.com.

Mastercam 2021 Beta Released

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TOLLAND, CT, USA, Feb 13, 2020 – If you are a currently maintained Mastercam customer, you can now participate in the Beta Program for Mastercam 2021. Shops all over the world, from small job shops to Fortune 100, get a chance to test-drive Mastercam 2021 before it is released and provide valuable feedback to help shape the final product. Participants in the Beta Program get an early look at dozens of powerful new tools for simple to complex jobs.

 

 

Faster, more flexible multiaxis programming. As more shops continue to rely on streamlined multiaxis cutting for single-setup precision, Mastercam 2021 adds new techniques and strategies such as Expanded Multiaxis Pocketing, a new 3+2 Automatic Roughing toolpath, enhancements to the 5-axis Flowline toolpaths, and more.

Advances in turning and turning-related applications. Mastercam 2021 introduces the new Lathe Custom Thread toolpath to support custom thread forms and expands the support for modeling chucks and chuck jaws. Mastercam supports collet chucks as individual component types which greatly expands the range of machines that can be directly supported. Mastercam Mill-Turn simulation enhancements are included, as well as support for select Swiss machining.

NC Programming speed, safety, and precision. New toolpaths in Mastercam 2021 consist of Advanced Drill which is a customizable multi-segment drill cycle, as well as the new Chamfer Drill toolpath that chamfers holes after calculating the correct depth. When creating a bounding box in Mastercam, the new Wrap option allows you to create the smallest bounding box possible. And, the new Check Tool Reach function lets you to check your tool and holder against the selected model geometry to view where the tool can and cannot reach.

These are only a few of the new features and enhancements coming to Mastercam 2021. For more information on Mastercam’s Beta Program, visit https://www.mastercam.com/support/customer-resources/.

About Mastercam

Developed by CNC Software, Inc., Mastercam is Windows-based CAD/CAM software for 2- through 5-axis routing, milling and turning, 2- and 4-axis wire EDM, 2D and 3D design, surface, and solid modeling. Privately owned and founded in 1983, CNC Software provides CAD/CAM solutions to more than 250,000 installations in 75 countries in industries including mold making, prototyping, automotive, medical, aerospace, consumer products, and much more. For more information, visit www.mastercam.com.

About CNC Software, Inc.

Founded in 1983, CNC Software, Inc. is a privately held company headquartered in Tolland, Connecticut, with corporate offices in Switzerland and China. The company develops Mastercam, a suite of CAD/CAM software created to reduce production time and expense with efficient machining strategies and advanced toolpath technologies. Mastercam is the world’s #1 CAM software, with more than 250,000 installations in industries such as mold making, automotive, medical, aerospace, consumer products, education, and prototyping. It is distributed through an international channel of authorized Mastercam Resellers in 75 countries, providing localized sales, training, and support for 2- through 5-axis routing, milling, and turning; 2- and 4-axis wire EDM; 2D and 3D design; surface and solid modeling; artistic relief cutting; and Swiss machining. For more information, visit www.mastercam.com.

Hexagon Launches Entry-Level Optical CMM for Asia-Pacific

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SURREY, UK, Feb 12, 2020 – Hexagon’s Manufacturing Intelligence division announced the launch of Captura, an entry-level optical coordinate measuring machine (CMM) that offers an intuitive and cost-effective solution for multisensor measurement of small to medium parts.

 

CapturaCaptura is an easy to use CMM that provides multisensor measurement at an affordable price point

 

Captura supports measurements using vision sensors, laser sensors and confocal sensors, and is designed to offer good price to performance ratio for the entry-level market. The basic machine is supplied with a vision sensor and can be expanded with additional sensors. The dynamic machine concept offers high positioning accuracy, fast measuring point acquisition, and high-performance vision capturing. Captura CMMs run the Metus metrology software, a Hexagon-developed package for 2.5D multisensor measurement. Metus has its roots Hexagon’s flagship PC-DMIS metrology software, and delivers the highest standard of precision measurement in an easy-to-use software package.

“Multisensor and optical CMMs are ideal for manufacturers who are working with very small or fragile parts, or with materials that can’t be measured with touch probes – for example in the electronics sector,” said Kah Khoon Goh, Business Development Director Asia-Pacific. “As manufacturing in the Asia-Pacific region diversifies, we’re seeing more manufacturers selecting this kind of system. Together with the user-friendly Metus software, Captura has been designed to meet the specific requirements of entry-level users without compromising on overall performance.”

Availability

Captura is available throughout the Asia-Pacific region from today. More information is available from local Hexagon representatives and dealers

About Hexagon’s Manufacturing Intelligence Division

Hexagon is a global leader in sensor, software and autonomous solutions. We are putting data to work to boost efficiency, productivity, and quality across industrial, manufacturing, infrastructure, safety, and mobility applications.

Our technologies are shaping urban and production ecosystems to become increasingly connected and autonomous – ensuring a scalable, sustainable future.

Hexagon’s Manufacturing Intelligence division provides solutions that utilise data from design and engineering, production and metrology to make manufacturing smarter.

Hexagon (Nasdaq Stockholm: HEXA B) has approximately 20,000 employees in 50 countries and net sales of approximately 3.8bn EUR. Learn more at hexagon.com and follow us @HexagonAB.

PTC Appoints Jill Larsen as Chief HR Officer

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BOSTON, MA, USA, Feb 12, 2020 – PTC (NASDAQ: PTC) announced that Jill Larsen has joined the company as its chief human resources officer. In this role, Jill will oversee all aspects of PTC’s human resources (HR) strategy, including talent acquisition, learning and development, culture and experience, organizational design, corporate social responsibility (CSR), and inclusion and diversity initiatives.

 

larsenbiopic1Jill Larsen

 

“As a leading-edge technology company, PTC’s success depends on our ability to maintain a vibrant culture that attracts and leverages top talent, so HR truly is a strategic function. The background, passion, and vision that Jill possesses will elevate our game, so we are pleased to have her join the executive team,” said Jim Heppelmann, president and CEO, PTC. “I look forward to working closely with Jill as we continue to invest in our people strategy at PTC.”

Jill comes to PTC with two decades of experience in establishing and transforming human resources functions at global, high-tech companies. Prior to PTC, Jill served in leadership roles at international technology companies including Cisco and EMC, overseeing global HR and talent functions with a focus on digitization and employee experience.

“PTC is highly regarded within the Boston technology innovation community and I am pleased to join at such an exciting time in its history,” said Jill Larsen, executive vice president and chief human resources officer, PTC. “I look forward to leading the human resources team and continuing to help make PTC a top place to work.”

Jill has been recognized for her contributions throughout the industry, including being named a two-time finalist for HRO Today’s Talent Acquisition Leader of the Year Award, winning the YWCA Women’s Leadership Award, and receiving the Bob Gatti HR Leader of Distinction Award. She is an adjunct professor at Columbia University’s Graduate Human Capital Management program, an active public speaker and serves as a board member and adviser for privately funded technology startups, including Sterling, Envoy, and JBA.

About PTC (NASDAQ: PTC)

PTC unleashes industrial innovation with award-winning, market-proven solutions that enable companies to differentiate their products and services, improve operational excellence, and increase workforce productivity. With PTC, and its partner ecosystem, manufacturers can capitalize on the promise of today’s new technology to drive digital transformation. For more information, visit https://www.ptc.com.

EON Reality Launches AVR Global Classroom Challenge for Students

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IRVINE, CA, USA, Feb 12, 2020 – EON Reality is inviting students around the world to design and submit their own VR/AR lessons. The contest, which is open to K-12 and university students beginning Wednesday, February 12, presents an opportunity for students and teachers to create exciting learning experiences using EON Reality’s code-free AVR Platform.

 

 

“I am delighted to announce this contest as I believe it provides an opportunity to encourage students to engage with AR/VR technology to deepen their digital skills and knowledge. Technologies such as AR/VR have opened up new possibilities to learning that were not there before and I am excited to have students find new dimensions of innovation offered by our AVR platform.” said, Dr. Peter LookerChief Learning Officer at EON Reality.

This marks the first time EON Reality is providing schools and universities around the world with open access to create their own AR/VR lessons on the revamped AVR platform.

The winners for all categories stand to win prize money, the latest Magic Leap headset, an EON Reality Global Classroom Champion trophy, and an annual campus license with full access to the AVR Platform.

The contest is hosted as part of EON Reality’s continued efforts to find meaningful ways in which AR/VR technology can contribute to the K12 and higher education classrooms. The winners shall be announced on May 14, 2020 at the EON Reality Experience Fest in Bologna, Italy.

Contest Rules

No participation fee applies. Entries should be submitted by Friday, May 1, 2020 directly through the AVR platform. Students are invited to form teams of three, with submissions to be made by the educator to ensure privacy. Submissions should contain the necessary learning elements outlined in the judging criteria.

The selection committee will consist of members of the EON Reality Education Advisory Board. Judges will make every effort to ensure even representation in their final selections.

About EON Reality

EON Reality is the world leader in Virtual Reality (VR) and Augmented Reality (AR) based knowledge transfer for industry and education. EON Reality’s success is tied to its belief that knowledge is a human right and should be available, accessible, and affordable for every human on the planet. To carry this out, EON Reality, since 1999, has developed the de-facto standard for Augmented Reality and Virtual Reality-based knowledge transfer software that supports devices from mobile phones to large immersive domes. EON Reality’s global app development network, with twenty-two locations worldwide, has created the world’s leading AR/VR library for knowledge transfer with over 8,000 applications. Over 40 million people worldwide have downloaded these applications. For further information, visit www.eonreality.com.

Aras Licenses Platform to ANSYS in Strategic OEM Partnership

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ANDOVER, MA, USA, Feb 11, 2020 – Aras, the only resilient platform provider for digital industrial applications,  announced a strategic partnership with ANSYS that includes the licensing of the Aras platform technology to enable the next generation of digital engineering practices.

ANSYS will leverage the underlying Aras platform technologies such as configuration management, PDM/PLM interoperability, API integration and add simulation specific capabilities to deliver highly scalable and configurable products that connect simulation and optimization to the business of engineering — creating completely new ways of exploring and improving product performance.

Organizations increasingly expect to leverage simulation throughout the product lifecycle to interoperate with their existing PLM, ALM and ERP applications. Additionally, customers must address scale and complexity challenges with data and process management, traceability and availability of simulation results across the lifecycle.

ANSYS is leveraging Aras’ resilient platform services combined with its proven simulation domain expertise and technology for new product offerings to improve productivity and maximize business value from simulation investments. ANSYS will deliver commercial offerings for simulation process and data management, process integration, design optimization and simulation-driven data science.

“With our open ecosystem approach, this unique collaboration combines the strengths of ANSYS’ industry-leading multiphysics portfolio and the resilient platform from Aras for digital connectivity to dramatically enhance customer value,” said Navin Budhiraja, vice president of cloud and platform business unit, ANSYS. “As simulation technologies impact every product decision, we see the ability of ANSYS solutions to interoperate and link with heterogeneous systems as an important step to accelerate the digital transformation for our customers.”

“We believe that simulation is essential to developing tomorrow’s next generation products, and that better data and process management of simulations is required to enable the digital processes of the future which will support these products,” said Peter Schroer, president and CEO, Aras. “We see the ANSYS and Aras partnership as a potential game changer in connecting simulation to engineering processes for traceability, access and reuse across the product lifecycle.”

About ANSYS, Inc.

If you’ve ever seen a rocket launch, flown on an airplane, driven a car, used a computer, touched a mobile device, crossed a bridge or put on wearable technology, chances are you’ve used a product where ANSYS software played a critical role in its creation. ANSYS is the global leader in engineering simulation. Through our strategy of Pervasive Engineering Simulation, we help the world’s most innovative companies deliver radically better products to their customers. By offering the best and broadest portfolio of engineering simulation software, we help them solve the most complex design challenges and create products limited only by imagination. Founded in 1970, ANSYS is headquartered south of Pittsburgh, Pennsylvania, U.S.A., Visit www.ansys.com for more information.

About Aras

Aras provides a resilient platform for digital industrial applications. Its open, low code technology enables the rapid delivery of flexible, upgradeable solutions for the engineering, manufacturing and maintenance of complex products. Aras’ platform and product lifecycle management applications connect users in all disciplines and functions to critical product data and processes across the lifecycle and throughout the extended supply chain. Airbus, Audi, GE, GM, Honda, Kawasaki, Microsoft, and Mitsubishi are investing in the platform to manage complex change and traceability. Visit www.aras.com and follow us on Twitter @aras_plm and LinkedIn.

CIMdata, SMS ThinkTank Launch Systems Modeling & Simulation Certificate Program

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ANN ARBOR, MI, USA, Feb 11, 2020 – CIMdata, Inc., the leading global PLM strategic management consulting and research firm, and SMS_ThinkTank, an industry leading resource providing system modeling and simulation expertise, announce that CIMdata has added a new Certificate Program to its PLM Leadership education and training offerings.

The new “Systems Modeling & Simulation Certificate Program,” has been created by combining CIMdata’s knowledge and experience with that of SMS_ThinkTank. The new program is an integral part of CIMdata PLM Leadership—the PLM industry’s leading non-biased education and training offering.

The goal of the new program is to provide a superior educational experience for today’s simulation and analysis professionals. It will be delivered through a series of education and training sessions that will equip those involved in systems modeling and/or simulation with a strong understanding of systems modeling and simulation concepts and industry-leading best practices.

The program will be offered in three configurations:

  1. SMS for Executives—a one-day class designed for those executives seeking an understanding of engineering analysis and virtual modeling.
  2. SMS for Managers—a five-module program, delivered over two 3-day courses, designed for those using simulation at various lifecycle stages and/or supporting simulations in various functions.
  3. SMS for Practitioners—a five-module program, delivered over two 3.5-day courses, designed for general users, application engineers, systems engineers, simulation engineers, development engineers, subject matter experts, and IT analysts, to name a few.

The Systems Modeling & Simulation Certificate Program leverages a common systems engineering and product data model that encompasses simulation, analysis, benefits, requirements, platform, program, project, systems definition, product structure, lifecycle, and configuration management capabilities.

Commenting on the addition of the Systems Modeling & Simulation Certificate Program to the CIMdata PLM Leadership education and training offerings, CIMdata’s President & CEO, Peter Bilello said that, “It has long been CIMdata’s desire to expand our education and training offerings to the simulation and analysis community. The CIMdata Systems Modeling & Simulation Certificate Program, offered with SMS_ThinkTank, leverages CIMdata’s assessment-based educational framework and satisfies the systems modeling and simulation education requirements of small to large enterprises.” Mr. Bilello went on to say, “I believe that this new program will meet a long-time unmet demand from simulation and analysis professionals for education. We look forward to meeting this need as the simulation sector continues its rapid growth.”

According to Frank Popielas, Managing Partner and Co-Founder of SMS_ThinkTank, “The opportunity to work with CIMdata to provide a premier education program to the simulation and analysis community is exciting. Drawing on CIMdata’s experience and the experience of SMS_ThinkTank we have put together an offering that will be of interest to all levels of the systems modeling and simulation community—from industrial companies who are considering, evaluating, implementing, and/or enhancing their systems modeling and simulation capabilities as part of a digital transformation effort, to software and service providers in the systems modeling and simulation domain.”

For more information on CIMdata’s Systems Modeling & Simulation Certificate Program visit https://www.cimdata.com/en/education/sms-certificate-program.

Carlson Names Sandor Vegh as Regional Sales Director for Central Europe

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MAYSVILLE, KY, USA, Feb 11, 2020 – Carlson Software recently named Hungarian native Sandor Vegh, P.S., as its Regional Sales Director for its Land Development Division in Central Europe. The countries he will be covering include Hungary, the Czech Republic, Austria, Germany, and Bulgaria.

While Vegh will remain based in Columbus, Ohio, he is both close to Carlson’s corporate headquarters in Maysville, Kentucky, and plans to spend four to five weeks at a time in Europe to best serve the land development industry in his territory.

 


Sandor Vegh

 

“I look forward to supporting the engineers and the surveying and construction professionals in my region,” said Vegh. “I’ve already started to set up workshops and demos with Carlson clients and also dealers in each of the countries and will be doing that on a regular basis.”

Vegh started his career as a land surveyor in Hungary. He moved to the United States in 1987, when he continued surveying and also expanded into construction and machine control, doing quality and quantity takeoffs (utilizing Carlson Takeoff), working with GPS, and, more recently, UAV surveying. He’s been working with a wide variety of Carlson Software products for more than 30 years.

“I’ve both followed and worked with Carlson almost all of my professional life,” he noted. “I have admired how Bruce [Carlson, president and founder of Carlson Software] and his team are dedicated to creating newer and better options and functions for the software.”

The Carlson Software products featured in its Land Development Division service the agricultural, aerial mapping, civil engineering, construction, data collection, GIS, and land surveying industries. Due to Vegh’s machine control background, he will also provide help to the Carlson Machine Control Division in his Central Europe territory.

Vegh can be reached by email at svegh@carlsonsw.com or by phone at 1-(614) 499-7435. For more information about the complete line of Carlson Software, visit www.carlsonsw.com.