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.
By Oleksandr Syniakov, Director of Enterprise Solutions at AMC Bridge. In our work with enterprise engineering organizations, we see a recurring pattern: the platform decision has been made, the APIs are available, initial prototypes show promise, and then the project stalls. Not because of missing capabilities, but because of everything that surrounds them: authentication models, cost governance, CI/CD pipelines, long-term maintainability, and the effort of moving from a working demo to a system hundreds of users depend on daily.
As product complexity increases and regulatory requirements become more stringent, engineering teams face growing pressure to ensure that design outputs consistently meet defined requirements. However, fragmented toolchains, manual validation, and weak traceability lead to inefficiencies, late-stage rework, and compliance risks. AMC Bridge has developed the AI-Assisted KiCad–Codebeamer MCP Integration Demo, a technology demonstration that introduces a new approach to requirements-driven design validation and compliance automation, in response to recurring challenges observed across client projects, where requirements management remains fragmented, inconsistently standardized, and often handled through emails, documents, or ad-hoc processes—highlighting a clear gap that existing tools, including ALM systems, do not fully address within manufacturing engineering workflows.
As manufacturing becomes more distributed and product development more complex, companies are under more pressure than ever to connect data across design, engineering, and production. The idea of a “digital thread,” this continuous flow of product data across systems, is no longer just a long-term goal, but something many organizations are actively pushing to implement.
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.