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Convergence-enabled cyberattacks—where criminals exploit traditionally isolated operational technology (OT) devices through their new connections to the IT network—may be motivated by the desire to hijack and demand ransom for services, steal trade secrets through industrial or national cyberespionage, or commit cyberterrorism or engage in cyberwarfare.

On a blustery early October day, hundreds of customers and employees gathered at DMG Mori’s Davis, Calif., machine tool plant for the company’s “Manufacturing Days.”

Software AG (Frankfurt, MDAX: SOW) announced an original survey of over 125 North American manufacturers in the heavy industry and automotive sectors that revealed they are unable to scale their Industrial Internet of Things (IIoT) investments across their enterprises, and therefore are losing millions of dollars in potential profits while falling behind competitors that have invested in enabling technologies that support IIoT across the enterprise.

Much has changed in the world of automotive accessory designing, engineering, and manufacturing in the past few years. Sales and after sales of automotive parts have witnessed a surge in data-usage across the horizontal and vertical value chains between suppliers, business partners, internal departments, and the end-customers.

Methods Machine Tools Inc., a supplier of precision machine tools and automation, announced that its Board of Directors has appointed Mark Wright as its President and Chief Executive Officer effective September 13, 2019. Wright will assume all operating functions of Methods Machine Tools Inc., including the Sudbury headquarters and all seven direct offices throughout the United States as well as its national distribution network.

Acquisition to Position PTC as CAD and PLM Industry Transitions to Software-as-a-Service (SaaS)

CNC Software Inc., Tolland, Conn., the developers of Mastercam, has announced the winners of the 2018-2019 Wildest Parts Competition. The Wildest Parts Competition is held each year to encourage student interest and participation in manufacturing.

High QA, Inc., the developer of Inspection Manager Quality Management Software, has established a headquarters operation in Sevenum, Netherlands, to directly serve its customers on the European continent.

Siemens is planning the acquisition of Edge technology from the US company Pixeom. With this action, Siemens is strengthening its Industrial Edge portfolio by adding software components for Edge runtime and for device management.

Reducing the risk of automotive defects is one of the most critical issues facing manufacturers today – to protect the well-being of consumers, as well as their own reputations and financial health.