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.
Displaying 1-10 of 378 results for
Technology systems provider Siemens USA (Washington) has been selected by Boeing (Chicago) to implement new automation solutions aimed at developing automation standards that will make Boeing’s manufacturing systems more efficient and safer.
Machine tool orders for August through October reached the highest level in more than 20 years, the Association for Manufacturing Technology said today.
Erik Anderson, president and CEO of Basin Precision Machining LLC, has determined that setups are the root of all evil when it comes to manufacturing productivity. They cause part variations, downtime, and high-percentage scrap rates.
The energy industry is often at the forefront of our minds as we watch fuel prices climb and then celebrate when they come down. We continually find ways to be as energy efficient as possible in our homes and workplaces. Media outlets keep us constantly informed of this often-volatile industry’s ups and downs.
Mazak Corporation has announced its acquisition of MegaStir, a supplier of friction stir welding (FSW) tools and technology located in Provo, Utah.
There is no real problem with threading a pipe. Most DIY types can do it in their workshop with hand tools, but when the pipe is 40′ long and ordered by the ton, you are in oil country. Pumping crude oil out of the ground requires drill pipe, casing, tool joints, tees, crosses, flanges, and couplings. All those items need to be machined. And that takes specialized workholding.
Cofounder Johannes Trabert, who lives a poetic life in the Thuringian Forest, says the future will be focused on ‘the clever share of work’ between humans and robots.
Powerful trends will push manufacturing close to complete automation by 2050, while the people still working in the industry will be empowered to rapidly innovate like never before.
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.