The growing skills gap is causing trepidation among manufacturers and the lack of millennials building careers within the industry is part of the concern.
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Digital manufacturing solutions with product lifecycle management (PLM) tools hold great potential for manufacturers to eventually fully unlock the promise of the Industrial Internet of Things (IIoT).
A Michigan company that displays instructions for manual manufacturing processes on work stations via augmented reality (AR) is adding wearables to provide similar guidance.
Dassault Systèmes (Euronext Paris: #13065, DSY.PA) today announced that it has entered into a definitive agreement to acquire IQMS, a leading manufacturing ERP software company, for $425 million. With the acquisition of the California-based IQMS, Dassault Systèmes extends the 3DEXPERIENCE platform to small and midsized manufacturing companies seeking to digitally transform their business operations.
One is developing and maintaining an efficient metrology strategy across the manufacturing enterprise, including hardware and software compatibility. Quality managers are asking themselves; how do we manage all our different devices and the software that runs them?
Yamaha Motor Co., Ltd., a manufacturer of diverse motorized products in Japan, has selected Siemens to provide product lifecycle management (PLM) software to support its digitalization initiative.
Caterpillar Inc. today reported higher fourth-quarter profit as expense controls made up for lower revenue. The Deerfield, Illinois-based maker of earthmoving machines and heavy equipment also warned of “continued global economic uncertainty” in 2020.
Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.
Automotive supplier Faurecia (Nanterre, France) decided it needed to get serious about Industry 4.0 fast.
Manufacturing faces “continued risk for disruption” and uncertainty in 2020, consulting firm Deloitte said in a report.