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Siemens Expanding Investments in US Digital Capabilities; Announces $175 Million R&D Ramp Up

At the Digital Manufacturing and Design Innovation Institute (DMDII) in Chicago on March 27, Siemens demonstrated its approach to the “Fourth Industrial Revolution.” At its annual U.S. Innovation Day, Siemens demonstrated real-world applications of digital solutions that it says will reduce costs, increase speed, develop new business models, and improve quality of life.

TDM Systems to Feature Tool Data Management Solutions at AeroDef 2019

Tool data management solutions provider TDM Systems (Schaumburg, Ill.) will showcase a variety of its tool data management software and digital solutions and offer insights into its several new initiatives in smart manufacturing in booth 1444 at AeroDef 2019, April 29-May 2, 2019, in Long Beach, Calif.

Busting the Myths about Artificial Intelligence

Manufacturers face a difficult task juggling the current “innovation agenda.” Today, the Industrial Internet of Things (IIoT), robotic automation and artificial intelligence (AI) are all poised to be the next big thing.

Dassault Systèmes Acquires IQMS for $425M

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.

Have a Clear Strategy Around How You Are Applying IoT?

Most companies do not have a clear strategy for how they are applying IoT, Mark Weatherford, former Deputy Under Secretary for Cybersecurity at the Department of Homeland Security, said at an exclusive roundtable Smart Manufacturing convened recently in Chicago.