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.
Disruption is Really Just an Informational Problem November 10, 2016 The average lifespan of a company on the S&P 500 has fallen to 20 years from more than 60 years in 1960. The power and influence of technology will increase as much in the next 18 months as it has in the last 30 years.
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).
PLM Paves the Way for Manufacturing Innovations October 5, 2016 PLM strategies move manufacturers ahead with improved simulations in the Digital Thread and the latest Industrial Internet of Things (IIoT) applications
Geometry Lesson Teaches Corvette How to Lighten Up October 14, 2016 It’s been almost two decades since the C5 Corvette hit the streets with its groundbreaking chassis built around hydroformed steel bumper-to-bumper frame rails. The technology gave engineers a chance to create components that were both lighter and stiffer than traditional stamped and welded assemblies.
Why Ultrasonic Additive Manufacturing Makes Sense for Aerospace & Defense September 21, 2016 Additive manufacturing lets companies think “outside the box.” Engineers can now start to look at a part without restrictions on size, shape or material. Instead of taking 15 different CNC milled parts and brazing them together, these companies have reimagined the part entirely—to be built as one part.
Siemens Gives Some Details of ‘Digital Twin’ Work with SpaceX, Maserati May 17, 2016 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.
Extrusion and Drawing Knowledge January 2, 2015 Extrusion and drawing, two related, stalwart topics in material forming, are covered from top of punch to bottom of die in more than 200 papers in the SME Technical Paper library. The range of contributors is broad, from companies like Alcoa, Westinghouse, ASEA, Western Electric and General Electric to universities in Japan, Germany and the US, as well as individual entrepreneur metalworking shops.
Tooling to Match Composite Production April 1, 2009 It’s getting harder to imagine any market that isn’t benefiting from the latest developments in parts manufactured from advanced composites. “Advanced composites will arguably dominate consumer and production products, especially in the near future,” says Bert Erdel, industry consultant and executive technology advisor, Morris Group Inc. (Windsor, CT), “as they have begun to gain wide acceptance in solving energy-related issues.”
