Latest news with #PLM
Business Upturn
2 hours ago
- Automotive
- Business Upturn
Tata Technologies named strategic supplier by Volvo Cars for global engineering solutions
Tata Technologies has been selected as a strategic supplier by Volvo Cars. This collaboration marks a significant milestone in Tata Technologies' ongoing commitment to engineering a software-defined future with innovative, sustainable, and intelligent solutions for the automotive sector. Volvo Cars, a pioneer in automotive safety and sustainability, is transforming the future of mobility through electrification, software-defined vehicle (SDV) platforms, and smart in-car technologies. The company has set ambitious goals for sustainable growth, aiming to offer consumers mobility solutions that are safe, personal, and environmentally responsible. The expanded partnership with Tata Technologies strengthens a long-standing relationship between the two companies. Tata Technologies will play a crucial role in supporting Volvo Cars' transformation through end-to-end product engineering, embedded software solutions, and Product Lifecycle Management (PLM) services. Tata Technologies will deliver these services from its global network of delivery centers, including its Automotive Centre of Excellence in Gothenburg, Sweden, as well as key locations in India, Romania, and Poland. This global presence allows Tata Technologies to offer scalable and agile engineering support aligned with Volvo Cars' strategic priorities. Through this collaboration, Volvo Cars will benefit from Tata Technologies' deep domain expertise, advanced digital capabilities, and a proven track record in automotive transformation. The partnership is expected to enhance Volvo Cars' global engineering capacity and accelerate its journey towards next-generation, software-defined electric vehicles. This strategic engagement reinforces Tata Technologies' position as a trusted partner for global automotive OEMs and underlines its vision of driving innovation in a rapidly evolving mobility ecosystem. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Yahoo
a day ago
- Business
- Yahoo
Jotne Connect Establishes AI Unit to Accelerate Standards-Based Interoperability in Digital Twins, MBSE, and PLM
OSLO, Norway, June 18, 2025 /PRNewswire/ -- Jotne Connect, a subsidiary of the Jotne Group and a global leader in standards-based engineering data solutions, is proud to announce the launch of a new Artificial Intelligence (AI) unit to drive next-generation innovation in Model-Based Systems Engineering (MBSE), Product Lifecycle Management (PLM), and Digital Twin. The division will be led by renowned academic and industrial researcher Dr. Aditya Gupta, bringing strategic insight and deep domain expertise to this initiative. With over three decades of experience delivering robust interoperability solutions based on international standards like ISO 10303 (STEP), Jotne Connect is trusted by aeronautics, space, defence and manufacturing leaders for long-term archiving, data traceability, and digital continuity. The company's software platforms enable organizations to manage complex engineering data from concept through decommissioning-supporting a full digital thread. Revolutionizing PLM and Digital Twin The AI unit will also embed intelligence into Jotne Connect's PLM and SDM solutions by enabling: Automated classification, search, and reuse of engineering and simulation assets AI driven LLM models for intuitive querying and analysis of complex data Predictive maintenance based on structured operational, simulated or generated data Dynamic linking of design, requirements, and analysis data across the lifecycle AI-powered validation and verification pipelines that reduce errors and improve compliance Advancing MBSE Through AI and Open Standards MBSE is transforming how complex systems are designed, validated, and maintained. Jotne Connect's new AI unit will enhance MBSE practices by: Integrating semantic reasoning and machine learning into model-based design environments Supporting cross-domain engineering models (mechanical, electrical, software) with consistent data semantics Enabling continuous model improvement and its deployment through intelligent model validation, impact analysis, and requirements traceability. Leveraging ISO 10303-based data structures for persistent, federated model access These capabilities will strengthen the digital engineering foundation needed for future aerospace systems, smart infrastructure, and sustainable industrial ecosystems. By combining AI with open standards, Jotne Connect empowers engineers to make faster, more informed decisions while ensuring long-term interoperability and data integrity. Expanding the Use of ISO 10303 Already a leader in the implementation of ISO 10303 (STEP), Jotne Connect will now push the boundaries of the standard's applicability into: Digital twin integration with real-time data feedback loops Autonomous system development, where multidomain data integration is critical Federated MBSE/PLM environments, enabling collaborative engineering across supply chains Smart manufacturing diagnostics and IIoT data contextualization Detection of irregularities in multidomain data through AI modeling. "We believe the future of digital engineering lies at the intersection of open standards and intelligent technologies," said Vilde Marie Sørensen, CEO of Jotne Connect. "By bringing AI into the core of MBSE, PLM, and SDM workflows, we are not only enhancing engineering productivity but also enabling long-term, interoperable digital ecosystems. We are thrilled to have Dr. Aditya Gupta leading this transformative journey." About Jotne Connect Jotne Connect is a Norwegian technology company delivering advanced, standards-based software for data interoperability, model-based engineering, and digital lifecycle management. A pioneer in ISO 10303 (STEP) and trusted partner across aerospace, defence, manufacturing, and energy sectors, Jotne Connect enables secure sharing, long-term preservation, and intelligent use of complex engineering and simulation data. Media Contact:Email: mediacontact@ +47 23 17 17 00Website: This information was brought to you by Cision The following files are available for download: Press Release (PDF) View original content: SOURCE JOTNE CONNECT AS
Business Standard
04-06-2025
- Business
- Business Standard
L&T Technology Services inks pact with Tennant for sustainable product development
L&T Technology Services announced that it has signed a strategic agreement with Tennant Company, a global leader in industrial cleaning equipment, to accelerate the development of sustainable new products. As part of the collaboration, LTTS will establish a dedicated Offshore Development Center (ODC), equipped with a scalable engineering team to support Tennants initiatives in New Product Development (NPD), Product Lifecycle Management (PLM), and other core business functions. This strategic work between the two companies aims to accelerate the development of cutting-edge industrial cleaning technologies, leveraging LTTS' deep expertise in embedded systems, expertise in IoT (Internet of Things), and digital engineering to drive efficiency and sustainability. It also reflects LTTS' broader commitment to advancing its sustainability vision by fostering eco-friendly and energy-efficient engineering solutions that contribute to a greener future. The partnership aims to fast-track the development of cutting-edge industrial cleaning technologies, leveraging LTTSs strengths in embedded systems, IoT, and digital engineering to enhance efficiency and sustainability. It also aligns with LTTSs broader vision of promoting eco-friendly and energy-efficient engineering solutions, contributing to a greener future. The ODC will house a team of highly skilled engineers focused on enhancing Tennants product innovation, boosting operational performance, and integrating smart automation into its product lineup. The collaboration is expected to open new avenues for innovation in emerging markets, particularly in the Asia-Pacific region. Alind Saxena, executive director & president of mobility & tech at L&T Technology Services, stated, "As Tennant continues to redefine industrial cleaning through innovation and a strong commitment to a greener future, LTTS is proud to collaborate in advancing next-generation solutions in its Sustainability segment. By leveraging our expertise in engineering design, manufacturing, and supply chain optimization, we are committed to enabling intelligent, responsible products, enhancing efficiencies, and supporting Tennant's growth in emerging technologies to build a sustainable and responsible tomorrow." Pat Schottler, chief marketing & technology officer for Tennant Company, said, Working with LTTS enables us to harness world-class engineering capabilities and accelerate our product roadmap. Reinforcing a shared commitment to pioneering transformative solutions, the dedicated ODC will play a crucial role in driving new innovations that align with our mission to create a cleaner, safer, and healthier world. L&T Technology Services (LTTS) is a global leader in engineering and technology services. As a listed subsidiary of Larsen & Toubro (L&T), we offer design, development, testing, and maintenance services across products and processes. The company's consolidated net profit declined 8.7% to Rs 311.10 crore on a 17.5% rise in net sales to Rs 2,982.40 crore in Q4 FY25 over Q4 FY24. Shares of L&T Technology Services (LTTS) rose 0.48% to Rs 4,340.05 on the BSE.
Yahoo
03-06-2025
- Business
- Yahoo
Nine Out of Ten Organizations Say Sustainability Efforts Drive Business Success
PLM Users Report Stronger Support for Sustainability and Compliance ANDOVER, Mass., June 03, 2025--(BUSINESS WIRE)--Aras, a leader in product lifecycle management (PLM) and digital thread solutions, today announced findings from its new research report, The Future of PLM and Digital Engineering, highlighting the growing connection between sustainability efforts and business performance. According to the study, 92% of organizations say successful sustainability programs are essential to business success – an increase from 87% in 2024. The report also shows that digital maturity, particularly through PLM solutions, plays a critical role in meeting compliance demands and accelerating sustainability initiatives. "Sustainability today is about aligning regulatory compliance with operational excellence," said Roque Martin, CEO of Aras. "Organizations that embed sustainable practices into their day-to-day operations are better positioned to adapt, compete, and grow – regardless of how the requirements evolve." PLM Users Outperform in Sustainability ReadinessThe research found that 88% of PLM users believe their systems adequately support sustainability compliance – compared to only 60% of non-PLM users. These organizations are more capable of tracking product data, collaborating with suppliers, and addressing increasingly complex regulations such as the EU's Corporate Sustainability Reporting Directive (CSRD) and the Digital Product Passport. Digitally mature companies are also leading in technology adoption. Among PLM users, 87% are leveraging AI for product development – substantially higher than the 59% adoption rate among non-users. The findings reinforce that PLM has evolved beyond its engineering roots to serve as a strategic foundation for digital transformation. Data issues are holding companies backDespite this progress, many organizations still face challenges in operationalizing sustainability goals. Only 37% said their compliance initiatives are "well supported," and 18% acknowledged that their systems are inadequate. Challenges include missing or poor-quality data, disconnected tools, and lack of oversight. These aren't just technical hurdles – they represent real business risks. Without trusted data, organizations struggle to make informed decisions or future-proof their operations. With regulatory demands only increasing, now is the time for businesses to act. The research urges organizations to modernize their systems and strengthen their data foundations to stay ahead and build a lasting competitive edge. About the 2025 Global Industry Survey"The Future of Product Lifecycle Management and Digital Engineering" is a January 2025 survey based on insights from 656 executives in Europe, the US, and Japan. It examines how leading automotive, aerospace, and machinery manufacturers (revenues >$40M) are addressing AI adoption, digital thread integration, and regulatory compliance. Download the full report here. About ArasAras is a leading provider of product lifecycle management and digital thread solutions. Its technology enables the rapid delivery of flexible solutions built on a powerful digital thread backbone and a low-code development platform. 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. Visit to learn more and follow us on YouTube, X, Facebook, and LinkedIn. Copyright © 2025 by Aras Corporation and/or its affiliates. All rights reserved. Aras and Aras Innovator are registered trademarks of Aras Corporation in the United States and other countries. Third party trademarks mentioned are the property of their respective owners. View source version on Contacts Media: Jeff DrewGuyer Group for ArasP: 617.233.5109E: aras@
Yahoo
24-04-2025
- Business
- Yahoo
Dassault Systèmes and Airbus Extend Strategic Partnership to Use Virtual Twins for Next-Generation Programs
Dassault Systèmes' 3DEXPERIENCE platform will be used across Airbus, company-wide, for all future generations of civil and military aircraft and helicopters More than 20,000 users from every business area and the value chain will collaborate and use Dassault Systèmes' virtual twins to improve efficiency, shorten development cycles and reduce costs This is a key milestone in the digital transformation of Airbus' ways of working and the preparation of the next generation of aerospace products VELIZY-VILLACOUBLAY, France, April 24, 2025--(BUSINESS WIRE)--Dassault Systèmes (Euronext Paris: FR0014003TT8, and Airbus have extended their long-term strategic partnership, putting the 3DEXPERIENCE platform at the heart of lifecycle management of all new Airbus programs for civil and military aircraft and helicopters. This deployment will support the entire development chain for all Airbus civil and military aircraft and helicopters. More than 20,000 users from every business area, as well as Airbus suppliers, will be able to collaborate more effectively and use virtual twins - on premise or on a sovereign cloud - to shorten development cycles, anticipate and improve production efficiency, and enhance aftersales support - all while reducing costs. "Digitalization is a key enabler that we are leveraging to support our core priorities, whether it is ramping up the production of our commercial aircraft, preparing the next generation of platforms that will further contribute to the decarbonization of our sector, or pioneering the defense and security solutions of tomorrow," said Guillaume Faury, CEO, Airbus. "This renewed partnership with Dassault Systèmes will play an important role in accelerating our progress towards these goals, while ensuring the highest levels of quality, safety and security throughout the lifecycle of our products and solutions, from design to in-service operations." "Our long history of collaboration with Airbus embarks on its next chapter, enabling the entire enterprise and its value chain to innovate globally, efficiently and virtually for decades to come. Airbus can take full advantage of AI-powered generative experiences, and scientific advances in material science, modeling, simulation, production and operation systems efficiency with our 3DEXPERIENCE platform. This will open new possibilities to imagine, create and produce the experiences that will define the future of the aerospace industry," said Bernard Charlès, Executive Chairman, Dassault Systèmes. Dassault Systèmes will provide Airbus with seven industry solution experiences based on the 3DEXPERIENCE platform: "Program Excellence," "Winning Concept," "Co-Design to Target," "Cleared to Operate," "Ready for Rate," "Build to Operate," and "Keep Them Operating."1 FOR MORE INFORMATION Dassault Systèmes' 3DEXPERIENCE platform, 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions: Connect with Dassault Systèmes onFacebook LinkedIn YouTube ABOUT DASSAULT SYSTÈMES Dassault Systèmes is a catalyst for human progress. Since 1981, the company has pioneered virtual worlds to improve real life for consumers, patients and citizens. With Dassault Systèmes' 3DEXPERIENCE platform, 370,000 customers of all sizes, in all industries, can collaborate, imagine and create sustainable innovations that drive meaningful impact. For more information, visit: 1 The agreement between Dassault Systèmes and Airbus was signed in Q4 2024. View source version on Contacts Dassault Systèmes Press ContactsCorporate / France Arnaud MALHERBE +33 (0)1 61 62 87 73North America Natasha LEVANTI +1 (508) 449 8097EMEA Virginie BLINDENBERG +33 (0) 1 61 62 84 21China Grace MU +86 10 6536 2288Japan Reina YAMAGUCHI +81 90 9325 2545Korea Jeemin JEONG +82 2 3271 6653India Priyanka PANDEY +91 9886302179
