Aras

Canvas GFX Announces Release 5.3 of Envision with Software Development Kit to Help Manufacturers Integrate Work Instructions with Leading PLM Platforms

Retrieved on: 
Monday, March 4, 2024

The Envision platform is used by manufacturing organizations to provide front-line workers with model-based work instructions for assembly, maintenance and repair, and training applications.

Key Points: 
  • The Envision platform is used by manufacturing organizations to provide front-line workers with model-based work instructions for assembly, maintenance and repair, and training applications.
  • In release 5.3, the company is releasing an array of new features including:
    Updates to its Software Development Kit, which can be used to offer embedded functionality within other applications, such as Aras Innovator PLM and SAIC ReadyOne .
  • Permanent Link Sharing, giving manufacturers an integrated way to easily manage redirects of instructions assigned to a URL or QR code, within the Envision application.
  • “Interactive work instructions created with Envision help enhance understanding by utilizing diverse formats, including 2D, 3D, video, animations, and audio.

SAIC Powers Its ReadyOne Digital Engineering Ecosystem Solution with Aras

Retrieved on: 
Tuesday, March 5, 2024

Aras , a leader in product lifecycle management and digital thread solutions, today announced a strategic partnership with leading technology integrator SAIC (Science Applications International Corp.) (NYSE: SAIC) that includes integration of Aras Innovator® as the digital thread backbone for its digital engineering solution, ReadyOne .

Key Points: 
  • Aras , a leader in product lifecycle management and digital thread solutions, today announced a strategic partnership with leading technology integrator SAIC (Science Applications International Corp.) (NYSE: SAIC) that includes integration of Aras Innovator® as the digital thread backbone for its digital engineering solution, ReadyOne .
  • ReadyOne is SAIC’s rapidly deployable digital engineering ecosystem, which offers customers an end-to-end digital thread for consistent, traceable, and complete engineering solutions.
  • By using Aras’ product lifecycle management (PLM) technology as its foundation, the solution creates a single-source-of-truth for users, letting them access any and all needed information, at any point in the engineering process, all from a common platform.
  • The ReadyOne environment is independent of infrastructure, enabling it to support all types of customers, and either cloud-to-cloud or on-premise delivery.

SEA Selects Razorleaf Corporation Ltd as Project Lifecycle Management Tool Implementation Partner

Retrieved on: 
Wednesday, December 6, 2023

BECKINGTON, England and DAVENTRY, England, Dec. 6, 2023 /PRNewswire/ -- SEA has awarded a contract to Razorleaf Corporation Ltd to be the implementation partner for Aras Innovator, Aras' next generation product lifecycle management (PLM) platform.

Key Points: 
  • BECKINGTON, England and DAVENTRY, England, Dec. 6, 2023 /PRNewswire/ -- SEA has awarded a contract to Razorleaf Corporation Ltd to be the implementation partner for Aras Innovator, Aras' next generation product lifecycle management (PLM) platform.
  • The core functionality of the Aras platform is to provide a single digital thread through all SEA products, from conception and requirements through to delivery and beyond.
  • SEA will work collaboratively with Razorleaf Corporation to roll out this PLM platform over the next 18 months.
  • We are excited to partner with SEA and be a part of their success in meeting digital transformation goals."

SEA Selects Razorleaf Corporation Ltd as Project Lifecycle Management Tool Implementation Partner

Retrieved on: 
Wednesday, December 6, 2023

BECKINGTON, England and DAVENTRY, England, Dec. 6, 2023 /PRNewswire/ -- SEA has awarded a contract to Razorleaf Corporation Ltd to be the implementation partner for Aras Innovator, Aras' next generation product lifecycle management (PLM) platform.

Key Points: 
  • BECKINGTON, England and DAVENTRY, England, Dec. 6, 2023 /PRNewswire/ -- SEA has awarded a contract to Razorleaf Corporation Ltd to be the implementation partner for Aras Innovator, Aras' next generation product lifecycle management (PLM) platform.
  • The core functionality of the Aras platform is to provide a single digital thread through all SEA products, from conception and requirements through to delivery and beyond.
  • SEA will work collaboratively with Razorleaf Corporation to roll out this PLM platform over the next 18 months.
  • We are excited to partner with SEA and be a part of their success in meeting digital transformation goals."

Red Bull Selects Aras Innovator PLM Platform

Retrieved on: 
Tuesday, November 28, 2023

ANDOVER, Mass., Nov. 28, 2023 /PRNewswire-PRWeb/ -- Aras, a leader in product lifecycle management solutions, announced today that Red Bull has selected Aras Innovator for its product lifecycle management (PLM) solution. Aras's SaaS-based application platform will be integrated into Red Bull's existing SAP S4/HANA and enterprise application infrastructure. In addition to managing the company's complex recipe management, it will provide support for compliance concerns and ensure a seamless connection with the Austrian company's global partner network. This is an important factor, as Red Bull is active in 175 countries and sells more than 11.5 billion cans of its energy drink each year.

Key Points: 
  • ANDOVER, Mass., Nov. 28, 2023 /PRNewswire-PRWeb/ -- Aras, a leader in product lifecycle management solutions, announced today that Red Bull has selected Aras Innovator for its product lifecycle management (PLM) solution.
  • This is an important factor, as Red Bull is active in 175 countries and sells more than 11.5 billion cans of its energy drink each year.
  • In terms of culture, Red Bull and Aras simply fit together.
  • Aras Innovator will enable Red Bull to configure its PLM solution to meet its unique needs as well as adapt it to respond to new requirements or take advantage of new innovation.

Aras Builds Momentum with SaaS-based Product Lifecycle Management Application Platform

Retrieved on: 
Thursday, November 16, 2023

ANDOVER, Mass., Nov. 16, 2023 /PRNewswire-PRWeb/ -- Aras, a leader in product lifecycle management solutions, today announced that the company has accelerated growth of its SaaS business from both the migration of existing Aras Innovator customers to SaaS as well as new customers choosing SaaS. In the first three quarters of 2023, Aras had more than 50% year-over-year growth in SaaS deployments for its Aras Innovator platform. According to Gartner® "by 2026, 50% of midsize and large manufacturers will adopt SaaS — PLM, design and simulation — tools compared with fewer than 20% today."

Key Points: 
  • In the first three quarters of 2023, Aras had more than 50% year-over-year growth in SaaS deployments for its Aras Innovator platform.
  • Aras Innovator is a highly versatile application platform for product lifecycle management (PLM).
  • With the notion of a digital thread embedded in the platform, customers can adapt Aras Innovator to their specific needs with a powerful low-code development toolset.
  • Roque Martin, CEO, Aras, said: "Aras' long tradition of providing a flexible solution to meet customers' specific requirements are supported within Aras' SaaS implementations.

McDermott, AVEVA and Aras Sign Lighthouse Agreement To Enhance Digital Efficiency

Retrieved on: 
Monday, October 30, 2023

The goal is to reduce costs and risk over the project lifecycle, improve decision-making, achieve better compliance and traceability, and enhance performance across the industrial ecosystem.

Key Points: 
  • The goal is to reduce costs and risk over the project lifecycle, improve decision-making, achieve better compliance and traceability, and enhance performance across the industrial ecosystem.
  • The seamless integration of Aras Innovator with AVEVA Unified Engineering , AVEVA Asset Information Management and other AVEVA tools and services will enable the creation of an engineering system of record.
  • A trusted single source of truth will allow customers to improve engineering efficiency, data control and distribution, and traceability across the entire asset lifecycle.
  • "The agreement represents our shared vision and commitment to data-centric digital deliverables management and creates an opportunity for robust digital transformation of industry processes.

Machine Manufacturer Rademaker Relies on Aras for its Growth Strategy

Retrieved on: 
Tuesday, September 19, 2023

ANDOVER, Mass., Sept. 19, 2023 /PRNewswire/ -- Aras, which provides the most powerful low-code application platform to design, build, and operate complex products, today announced that Rademaker, a global machine manufacturer specializing in the food industry, will rely on Aras Innovator to support its future growth. The Dutch company particularly liked the flexibility of Aras Innovator. The new digital capabilities have helped set the course for stable growth at Rademaker, which manufactures bakery machines for bread, cookies, cakes, and pizza.

Key Points: 
  • ANDOVER, Mass., Sept. 19, 2023 /PRNewswire/ -- Aras, which provides the most powerful low-code application platform to design, build, and operate complex products, today announced that Rademaker, a global machine manufacturer specializing in the food industry, will rely on Aras Innovator to support its future growth.
  • The new digital capabilities have helped set the course for stable growth at Rademaker, which manufactures bakery machines for bread, cookies, cakes, and pizza.
  • In order to select a suitable PLM partner, Rademaker conducted a comprehensive market analysis.
  • Aras Innovator allows us to do this," said Rob Beffers, manager for processes, information & digitalization, Rademaker.

Kyocera Unimerco Selects Aras Innovator as Its Software Foundation for Transforming Product Lifecycle Management

Retrieved on: 
Thursday, September 7, 2023

ANDOVER, Mass., Sept. 7, 2023 /PRNewswire/ -- Aras, which provides the most powerful low-code application platform to design, build and operate complex products, announced today that Kyocera Unimerco is using Aras Innovator to manage data, information, and business processes for product lifecycle management (PLM).

Key Points: 
  • As the company moved to modernize manufacturing and software infrastructure, they recognized the need to evaluate new approaches to managing its product lifecycle management program.
  • After reviewing different options, the company selected the Aras Innovator platform to better support version control, traceability and engineering change management and has benefitted from:
    Claus Skallerup, IT director, Kyocera Unimerco, said: "Aras Innovator is more than just an enterprise application.
  • Roque Martin, CEO, Aras, said: "Companies like Kyocera Unimerco must manage meticulous manufacturing processes for the complex products they provide.
  • Aras published this case study reviewing the Kyocera Unimerco story, their PLM selection process, and why they chose Aras Innovator.

KBRA Releases Research – CMBS Servicer Advance Trends: Curtailment and Recovery

Retrieved on: 
Friday, August 4, 2023

KBRA releases research on the trends in commercial mortgage-backed securities (CMBS) servicer advances and their curtailment and recovery.

Key Points: 
  • KBRA releases research on the trends in commercial mortgage-backed securities (CMBS) servicer advances and their curtailment and recovery.
  • The specially serviced loan rate in KBRA-rated private-label U.S. CMBS continued to trend higher in June as it breached 6%, ending 1H 2023 at 6.07%.
  • Given the expected increase in servicer advances, KBRA has conducted a study on how these advances—along with ARAs, NRA determinations, and recoveries via WODRAs—have trended over the past year.
  • Conduits with the most in outstanding advances are generally from the 2013-15 vintages, as these generally have higher delinquency levels.