GE Reaches Agreement to Acquire a 75% Stake in Concept Laser October 28, 2016 GE (NYSE: GE), the world’s leading digital industrial company, has reached an agreement to acquire a 75% stake in Concept Laser GmbH for $599 million (€549 million). The agreement allows for GE to take full ownership in a number of years.
IMTS in Three Words: Innovate, Integrate, Collaborate September 21, 2016 Innovate, Integrate, Collaborate are more than just marketing keywords. A number of metrology and software companies I visited at IMTS are putting their development dollars to work in these areas and showing off the results.
Machining Parts Complete in One Clamping April 27, 2016 The appeal of multitasking machining isn’t difficult to understand. Multitasking machines overcome some limitations of conventional machines and work their own special brand of magic in subtractively processing parts. From the earliest mill-turn machines to today’s most advanced multifunction machines featuring simultaneous processing, manufacturers have recognized that productivity-enhancing multitasking machining and quality go hand in hand.
Leveraging Digital Analysis for the IIoT, Big Data January 1, 2016 Jon Sobel, CEO and Co-Founder of Sight Machine Inc. in San Francisco, sat down with Senior Editor Patrick Waurzyniak to discuss numerous topics related to Controls and Software, including how Sight Macine Inc. uses analytics software to help shops leverage plant-floor data.
Locking Down the Factory Floor December 1, 2015 With more factory assets getting connected to the Web, particularly with the coming explosion of Internet of Things (IoT) devices, today’s manufacturing management must look for rock-solid technologies for securing their factory-floor machinery and the mission-critical intellectual property assets that now often reside in cloud-based software.
3D Systems Announces Departure of President and CEO October 29, 2015 3D Systems (NYSE:DDD) announced today that Avi Reichental has stepped down as President and Chief Executive Officer and as a Director of the Company, effective at the close of business on Wednesday, October 28, 2015, by mutual agreement with the Company’s Board of Directors.
Masters of Manufacturing: Herbert B. Voelcker July 1, 2009 A self-described “river rat” during his teenage years, Herbert B. Voelcker grew up in the small town of Tonawanda, NY, just north of Buffalo, where as a young man he grew to love the water, boats, and steam engines. His early fascination with how things worked eventually led him to study mechanical engineering at the Massachusetts Institute of Technology (Cambridge, MA), and to embark later on a greatly varied technical career highlighted by his research into the mathematical foundations for 3-D solid modeling.
Masters of Manufacturing: Joseph M. Juran July 1, 2005 Considered by many to be the “Father of Quality Management,” Dr. Joseph M. Juran is recognized as the man who added a human dimension to quality, expanding it from its statistical origins to a broader management science.
A 4-part plan to help prepare for an eventual cyber breach December 19, 2016 In a recent LNS Research study on the Industrial Internet of Things (IIoT) and Digital Transformation, the top two challenges facing the adoption of IIoT technology are finding the budget to invest (32% of respondents) and building the business case (30% of respondents).
New Machine Analytics Software Offers Digital Twin Modeling of the Factory Floor November 30, 2016 Our focus has always been on helping manufacturers improve quality, productivity and visibility. In Sight Machine 2.0, among other things, we’ve added a set of enhancements to improve visibility.