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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.

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.

Advances in Machining Technology Enable Competitive Advantages for Brass

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).