Like most auto manufacturers, NASCAR race teams are motivated to make vehicle parts better, cheaper and faster. Hundreds of the leading Fortune 500 brands are highly visible on the evocative vehicle paint schemes, pointing to continued healthy investment in the sport.
Drilling advancements have spurred the evolution of oil and gas operations from simplistic single-well pad fields to more complex multi-well pads. Today, many producers are using fracking and lateral drilling techniques to place 10 or more wells on one pad.
To run factories at optimal efficiency, plant managers need to mine real-time shop-floor operational data as fast as possible, to quickly determine where and when any manufacturing process bottlenecks occur. With today’s shop-floor data management software and related hardware solutions, manufacturers can leverage more key production performance data than ever in order to fine-tune their manufacturing processes.
Siemens is working to fulfill the Industry 4.0 vision with the digital twin, speakers from the software firm told people attending its namesake product lifecycle management (PLM) software conference this week in Orlando, FL.
PLM strategies move manufacturers ahead with improved simulations in the Digital Thread and the latest Industrial Internet of Things (IIoT) applications
The latest statistical process control software offers manufacturers easy-to-use and effective real-time process quality control
Modern manufacturing is rapidly adopting model-based definition (MBD). When employing an MBD strategy, the CAD model becomes more than the nominal to which all parts are measured and inspected against. MBD keeps the all-important digital thread intact—from design to manufacturing to inspection and quality reporting.
“Metrology and its relationship to manufacturing is rapidly evolving,” Ken Woodbine, president, Wilcox Associates, a brand of Hexagon Metrology (North Kingstown, RI), recently observed. “We are seeing larger quantities and faster speeds of measurement data collection. The next challenge is what to do with all that data.”
Cutting tool and tooling systems specialist Sandvik Coromant has unveiled its CoroPlus suite of Industrial Internet of Things (IIoT) solutions aimed at helping manufacturers prepare for Industry 4.0. The concept is designed specifically to improve the control of productivity and costs through a combination of machine connectivity and CoroPlus – the suite of connectivity solutions from Sandvik Coromant – helps manufacturers prepare for Industry 4.0 access to manufacturing data and expert knowledge.
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.