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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.

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.

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.

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.

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.