CIMdata Announces PLM Road Map Event

CIMdata Announces PLM Road Map Event

CIMdata has announced its PLM (product lifecycle management) Road Map event for the high tech and medical device communities. This year’s event will take place on May 24 in Santa Clara, CA. According to the company, these events bring together leading industry experts from CIMdata, key industry players and front-line implementation experts to explore end users’ progress, opportunities and road blocks.

The theme for the May event is “Innovation and Structure – Where Processes and Tools Collide.” Presentations at this event will explore these challenges and others including: impacts that often result in design delays and subpar product innovation when innovation must accelerate in this increasingly complex environment, and how PLM can and should play a key role in enabling innovation while enforcing process discipline and structure.

“2015 turned out to be a revitalization of innovation as business offerings were redefined based upon leveraging electronics and the Internet of Things. Increasingly, multidisciplinary perspectives are reshaping our understanding of what defines products. The challenge ahead is how to make increasingly complex offerings sustainable.”

For more information, visit CIMdata.

Sources: Press materials received from the company and additional information gleaned from the company’s website.

Polaris Claims Stake in Configit A/S

Polaris Claims Stake in Configit A/S

Polaris has made a stake in Danish software company Configit A/S. The company is a supplier of business-critical software for configuration of complex products manufactured.

Configit is Polaris’ first investment in a software company. Polaris has a clear goal of investing in more software and technology companies and has therefore established an internal team with this specific focus as well as an “ecosystem” of industrial advisers, a press release states.

“I am proud to see how far we have taken Configit by ourselves. But if we are to elevate the company to an even higher level, we need a partner adding new expertise, experience with globalization and financial strength. We have received several bids from abroad, but with Polaris we are able to unite the best of two worlds: We will have a professional partner to guide us on the journey ahead, and Danish-based Polaris is furthermore a partner that better understands the company’s culture and distinctive character,” says Michael Moesgaard Andersen, a former owner of Configit.

For more information, visit Polaris.

Sources: Press materials received from the company and additional information gleaned from the company’s website.