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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.

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 industrial revolution of today, called Industry 4.0, is driven by the interconnectedness of advanced technology, automation, robotics, and real-time data, also called the Internet of Things (IoT). While these cyber-physical systems can autonomously exchange information to trigger actions and make decentralized decisions, it’s impossible to dismiss the importance of the human element in manufacturing.

Glenn Bridgman describes the difference between his shop’s manual grinders and its newest state-of-the-art CNC ID/OD grinder, a Studer CT960 OD/ID from United Grinding (Miamisburg, OH), as “feel vs. facts.” Bridgman, president of Bridge Tool & Die (Buckley, MI), believes that manual grinding is a somewhat personal operation.

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.

Materials science has opened new possibilities for designers of cars, planes and other products. Metal alloys are now as precisely engineered as they are machined. The result is longer lasting, stronger parts. But with a wider selection of materials comes risk—how can you be sure that one piece of gray metal stock is different than another? Careful warehousing procedures and paperwork only go so far.

It’s probably not a bad idea for smaller and mid-sized manufacturers (SMMs) to adopt an “us against them” attitude as they become aware of the prevalence of cyber-attacks in the digital age of the Industrial Internet of Things (IIoT) and Industry 4.0.

Workers in the oil and gas industry continue to be one of the groups at the highest risk of injuries and fatalities on the job compared to all other U.S. industries. The most recent data from the Bureau of Labor Statistics (2015) revealed that out of 120 workplace deaths in the mining, oil, and gas extraction industry, 74 of them occurred within the support activities for oil and gas operations.

On June 22-23, SME hosted a Smart Manufacturing Working Group meeting at Texas A&M University (College Station, TX) followed by an international workshop on Smart Manufacturing for the Factory of the Future.

As a result of recent testing under real production conditions, brass proved to machine at extremely high speeds on today’s advanced machine tools with little evidence of tool wear, producing high-quality surface finishes and excellent chip control, reported the Copper Development Association (McLean, VA).