Industrial software stories
IFS reports strongest financial results for 2024
This month
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it in manufacturing
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ifs
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financial results
IFS has announced record financial results for the year ending December 31, 2024, with ARR exceeding EUR €1 billion driven by strong demand for Industrial AI solutions.
Siemens unveils new advancements for industrial AI at CES
Last month
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virtualisation
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it in manufacturing
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digital transformation
Siemens showcased groundbreaking advancements in industrial AI at CES 2025, including innovations for aerospace and solutions for startups, boosting productivity.
Industrial software market to reach USD $355 billion by 2030
Wed, 4th Dec 2024
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saas
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it in manufacturing
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genai
The global industrial software market is set to surge from USD $146 billion in 2023 to USD $355 billion by 2030, driven by cloud and AI innovations.
Siemens expands AI-enhanced NX X software to Azure platform
Tue, 19th Nov 2024
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it in manufacturing
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digital transformation
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genai
Siemens has expanded its partnership with Microsoft, bringing the NX X software to Azure with advanced AI features to enhance user experience and productivity.
Siemens to acquire Altair Engineering for USD $10 billion
Tue, 5th Nov 2024
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it in manufacturing
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digital transformation
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data science
Siemens has reached an agreement to acquire Altair Engineering for an enterprise value of approximately USD $10 billion, enhancing its industrial software capabilities.
IFS reports record growth in Q3 2024 with key acquisitions
Tue, 5th Nov 2024
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it in manufacturing
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dei
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cleantech
IFS reported record growth for Q3 2024, with Annual Recurring Revenue rising 30%, driven by strategic acquisitions and strong cloud adoption.
AVEVA and Microsoft tighten collaboration for AI data integration
Thu, 26th Oct 2023
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it in manufacturing
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data analytics
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partner programmes
AVEVA and Microsoft bolster their strategic alliance to deepen data integration services, facilitating broader AI assimilation across global industries.
AVEVA has been awarded AWS Energy Competency status
Wed, 4th Oct 2023
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it in manufacturing
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hyperscale
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public cloud
AVEVA, a global expert in industrial software, has achieved Amazon Web Services (AWS) Energy Competency status.
AVEVA advances decarbonisation and net-zero efforts
Wed, 6th Sep 2023
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it in manufacturing
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cleantech
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sustainability
AVEVA, an industrial software provider, has met its Scope 1 and 2 greenhouse gas (GHG) emissions targets for 2025.
AVEVA named IDC MarketScape Leader for Manufacturing Execution System
Tue, 6th Jun 2023
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it in manufacturing
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industrial software
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marketscape
AVEVA has been recognized as a Leader in the IDC MarketScape for Process Manufacturing Execution System 2023 Vendor Assessment.
Kaspersky highlights main issues around industrial APT attacks
Fri, 2nd Jun 2023
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firewalls
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it in manufacturing
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network security
Kaspersky warns that human factors and inadequate security measures are key contributors to the success of Advanced Persistent Threat (APT) operations.
Siemens and Paessler extend partnership, empower industrial software
Mon, 29th May 2023
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it in manufacturing
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partner programmes
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healthtech
Siemens and Paessler strengthened their association in the industrial space with the confirmation that Paessler PRTG is an essential part of Siemens' LMS.
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AVEVA appoints four senior executives to strengthen leadership
Fri, 26th May 2023
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it in manufacturing
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power / energy
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schneider electric
AVEVA announces four new senior executive roles to reinforce its new business model and strong growth plans under the leadership of Caspar Herzberg.
AVEVA to present industrial intelligence innovation at upcoming trade fair
Tue, 11th Apr 2023
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it in manufacturing
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power / energy
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schneider electric
AVEVA to showcase how industrial intelligence as a service can address the energy trilemma at Hannover Messe 2023.
Caspar Herzberg named CEO of AVEVA with new vision
Thu, 2nd Mar 2023
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smart cities
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it in manufacturing
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digital transformation
Industrial software provider AVEVA appoints Caspar Herzberg as CEO, aiming to empower customers with integrated data and accelerate their journey to the cloud.
Critical infrastructure under attack, businesses slow to respond
Fri, 15th Jul 2022
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firewalls
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it in manufacturing
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iot
Critical infrastructure is under attack as businesses face challenges in IIoT/OT security, finds Barracuda Networks report.
VROC responds to changes in industrial AI with latest releases
Tue, 12th Jul 2022
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saas
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it in manufacturing
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ai
VROC states the company has seen firsthand the market shift from companies investing in internal IoT / big data enablement projects to SaaS.
Kyndryl and Nokia enter network and edge computing alliance
Mon, 21st Feb 2022
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smartphones
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it in manufacturing
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edge computing
Kyndryl and Nokia have partnered to help enterprise customers accelerate digital transformations with LTE and 5G private wireless networking.
2022 will see the rise of digital twin marketplaces, report finds
Fri, 31st Dec 2021
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uc
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it in manufacturing
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martech
Next year will see a US$4.6 billion global spend on industrial digital twins, according to a new whitepaper by ABI Research.
DNV acquires Applied Risk, develops industrial cybersecurity expertise
Thu, 25th Nov 2021
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it in manufacturing
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cybersecurity
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healthtech
DNV to acquire industrial cybersecurity specialist Applied Risk in a bid to build the world's largest industrial cybersecurity practice.