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Today’s virtual technology enables faster and better product development. Planes, trains and automobiles are defined in CAD, subjected to virtual tests to see how they might fail, re-designed, virtually manufactured and virtually shown to customers to confirm market acceptance.

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.

Humatics Corp. and Eckhart Inc. this week demonstrated a new factory automatic guided vehicle (AGV) capable of changing routes on the fly.

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.

Manufacturers need to embrace artificial intelligence to make their operations more efficient, a consultant said.

Yamaha Motor Co., Ltd., a manufacturer of diverse motorized products in Japan, has selected Siemens to provide product lifecycle management (PLM) software to support its digitalization initiative.

Vericut 8.1 includes a new additive manufacturing [AM] module that simulates additive and hybrid machining processes used in any order, and on any brand NC machine. AM has reached a maturity level and has proven to be a valuable addition to manufacturing strategies.

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.

As with all Open Mind upgrade releases, hyperMill 2017.2 has a broad range of new technologies and enhancements. This release covers 2.5D through five-axis milling, mill-turn and new modules such as the hyperCAD-S Electrode module.

Simulation tools are making it much easier for manufacturers to optimize their processes, visualizing the entire path of production from NC metalcutting simulations through 3D design and factory-floor imaging.