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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.

Adding it Up at IMTS 2018

Additive manufacturing (AM) pioneer Charles Hull introduced the first commercial 3D printer, the SLA-1, in 1987. Jaws dropped, machinists wondered about their next career, pundits said it spelled the death of traditional manufacturing. None of that happened, thankfully; in fact, some said 3D printing was a bunch of hype, good for little more than investment casting patterns and proof of concept prototypes.

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.

Laser Genius Elevates Productivity to New Heights

Like its products, technology demands for thyssenkrupp Elevator Corp. are “going up.” A business unit of ThyssenKrupp Elevator AG, the company oversees all business operations in the US, Canada, and Central and South America, and says it is the largest producer of elevators in the Americas, with 13,500 employees, more than 200 branches and service locations, and sales of $2.7 billion.

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.

New System Improves Fiber Laser Welding of Aerospace and Defense Assemblies

Fiber laser welding is all about control of the process, according to Kurt Magedanz, laser process engineer at Ace Precision Machining Corp., Oconomowoc, Wis. With its new Laserdyne 430 systems, Ace Precision has made huge strides with weld quality while reducing operator intervention in the process.