Katerra, a Construction Start-Up, Raises $865 Million
Over just three years, Katerra has grown from a start-up with an unusual approach to the construction industry into a company with $1.3 billion in bookings. Now it has drawn support from one of the biggest and most disruptive backers of start-ups around.
For the first time, operators and drillers can leverage predictive computational software to assess relative permeability, which is used to accurately and efficiently assess reservoir output and rock formations. As a result, reservoir analysis time is reduced from up to 12 months to just a few days or weeks.
MecSoft Corporation, the developer of industry leading CAD/CAM software solutions, has announced the availability of the following products: RhinoCAM 2018, the newest version of MecSoft’s integrated CAM solution for Rhinoceros 5.0; VisualCAD/CAM 2018, the latest version of their flagship standalone CNC programming software.
Aras Named a Leader in Product Lifecycle Management For Discrete Manufacturers by Leading Independent Research Firm
Aras®, a provider of open and upgradable product lifecycle management (PLM) software for the enterprise, today announced it has been named a Leader in “The Forrester WaveTM: Product Lifecycle Management for Discrete Manufacturers, Q4 2017.” Forrester noted that “Aras is an emerging vendor in the PLM space, but has made significant inroads to the market with significant discrete manufacturing client wins and customer boasting advanced PLM implementations using their PLM Innovator product.”
Exa Launches DigitalROCK on the Cloud for Enhanced Oil Reservoir Performance
Exa® Corporation, a global innovator of simulation software, announced today that its DigitalROCK™ solution, the first predictive computational solver for relative permeability, is now available on the cloud at DigitalROCK.com. Deemed the “holy grail” of the industry’s quest for digital rock technology, multiphase simulation offered by Exa’s DigitalROCK solution provides essential flow-related rock properties in a fraction of the time possible with physical lab tests.
Xometry Updates Instant Quoting Add-In for SOLIDWORKS
Xometry, the leading manufacturing on-demand platform, announced the latest update to its instant quoting Add-In for SOLIDWORKS, the Dassault Systems premier CAD software program. The Xometry Add-In for SOLIDWORKS enables users to get instant price, lead time, and manufacturability feedback while ordering custom parts, all within one integrated CAD workspace. The new version of the Add-In is faster and has enhanced integration with SOLIDWORKS to detect more part features and design specifications.
AMC Bridge’s latest technology demonstration, Similar Parts Search, explores how combining artificial intelligence (AI) with advanced 3D geometric processing can address these challenges and improve the discovery, reuse, and evaluation of structurally similar parts across engineering workflows.
Engineering and manufacturing organizations continue to face challenges when managing large repositories of 3D models, including manual shape comparison, inconsistent similarity assessments, and the time‑consuming navigation of extensive part libraries. Traditional CAD search and manual similarity methods rely heavily on metadata, naming conventions, or subjective human judgment—approaches that do not scale and often produce inconsistent results.
AMC Bridge’s latest technology demonstration, Similar Parts Search, explores how combining artificial intelligence (AI) with advanced 3D geometric processing can address these challenges and significantly improve the discovery, reuse, and evaluation of structurally similar parts across engineering workflows. By leveraging learned geometric representations of 3D models, the POC enables consistent, geometry‑aware similarity detection across large repositories, independent of how parts are named or categorized.
When the founders of AMC Bridge formed our company a quarter century ago, we wanted to help clients with digital transformation – but we realized that technical know-how alone wasn’t enough. We had to develop a deep understanding of our customers – their ambitions, their competition, their existential challenges. What we’ve learned from hundreds of clients while engineering their software ecosystems holds true across enterprises. To move decisively, modern organizations need a secure, open platform that connects data, automates high-value work, and gives stakeholders clear, current context for their next moves.
As software vendors modernize their 3D platforms, transitioning to a reliable and widely adopted geometry kernel becomes essential for improving modeling accuracy, streamlining development, and accelerating innovation. To support organizations on this journey, Siemens Digital Industries Software and AMC Bridge hosted a joint webinar focused on Parasolid implementation. Discover how vendors can speed up product development by leveraging a PLM Components–based ecosystem and collaborating with engineering teams experienced in advanced geometry workflows.