DASSAULT SYSTEMES SA ADR - DASTY STOCK NEWS

The global custom manufacturing market, valued at $858.8 billion in 2021, is projected to reach $1.35 trillion by 2031, with a CAGR of 4.6% from 2022 to 2031, according to a recent report by Allied Market Research. Key growth drivers include increasing government spending in developing countries like India and Brazil, along with the cost-saving potential of machine customization. The built-to-order products segment dominated the market in 2021 and is expected to continue leading, while the industrial segment accounted for two-thirds of market revenue. Asia-Pacific held the largest market share in 2021, driven by manufacturing growth in China and India.

TriNetX, a global network for real-world research, has appointed Arnaub Chatterjee as Chief Product and Solutions Officer. Chatterjee previously served as Senior VP at Medidata AI and has a robust background in healthcare leadership, including roles at McKinsey & Company and Merck. His expertise in data science and clinical research is expected to enhance TriNetX's capabilities in generating regulatory-grade real-world evidence. Chatterjee holds degrees from Cornell University and the University of Michigan and is involved in academia as a faculty member at Harvard Medical School and Cornell. His leadership may accelerate the development of new therapies.

Dassault Systèmes announces strong financial results for FY 2022, with Q4 revenue up 10% to €1.58 billion and diluted EPS increasing 39% to €0.25. Notably, software revenue grew 9%, while recurring revenue rose 11%, driven by an 18% increase in subscriptions. For FY 2022, total revenue reached €5.67 billion, and diluted EPS was €0.70, reflecting a 20% increase. The company achieved a significant operating cash flow of €1.53 billion, on track for early deleveraging. Looking ahead, Dassault Systèmes targets FY 2023 revenue growth of 8-9% and diluted EPS between €1.18 and €1.20.

Dassault Systèmes announced a new data science solution to help Renault Group optimize vehicle costs. This solution extends the use of the 3DEXPERIENCE platform, focusing on cost intelligence, which harnesses artificial intelligence to simulate the impact of raw material price fluctuations. The platform will aid Renault in managing business impacts from market volatility by allowing for data-driven decision-making across various business functions. This deployment supports Renault's ongoing digital transformation and addresses challenges such as inflation and regulatory pressures.

The "Industrial Metaverse Growth Opportunities" report, published by ResearchAndMarkets.com, explores the evolving concept of the Industrial Metaverse, a 3D environment with digital twins representing physical assets. This report covers key strategic imperatives, growth opportunities, and technological enablers including AI, Blockchain, and XR. It highlights applications such as simulation, remote collaboration, and immersive learning, showcasing the potential for businesses to enhance customer relationships. Key participants in this sector include Nvidia, Microsoft, and Dassault Systemes (DASTY). The report emphasizes the transformative potential for industries looking to adopt the Metaverse.

The global open source intelligence market was valued at US$ 8.27 Billion in 2021 and is projected to reach US$ 28.42 Billion by 2027, growing at a CAGR of 22.84% from 2021 to 2027. The report emphasizes the increasing demand for data collection from publicly available sources, driven by the need for business insights and the utilization of OSINT in cybersecurity. The report also highlights the rise in cyber attacks and the integration of artificial intelligence in defense as key market drivers. Several major players, including Dassault Systemes, have been identified in a competitive landscape analysis.

The global computer aided engineering (CAE) market was valued at $8 billion in 2021 and is projected to reach $19.2 billion by 2031, growing at a compound annual growth rate (CAGR) of 9.4% from 2022 to 2031. CAE is widely utilized across industries such as automotive, healthcare, and defense, offering tools for finite element analysis, computational fluid dynamics, and more. The report highlights increased partnerships and M&A as trends boosting market growth but notes criticism regarding the timely accuracy of CAE results, which may restrain market expansion.

The "Inspection Management Software Global Market Report 2022" has been added to ResearchAndMarkets.com, highlighting significant growth in the sector. The market is projected to rise from $5.56 billion in 2021 to $6.23 billion in 2022, with an expected CAGR of 12.00%. By 2026, it could reach $9.72 billion at a CAGR of 11.74%. The report covers trends, strategies, and regional analyses, emphasizing the need for digital solutions in maintaining quality standards across various industries, including healthcare and manufacturing. Major players include Dassault Systemes and SAP, underscoring the competitive landscape.