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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.

There is no shortage of competition in a global market. As a manufacturer trying to get ahead of the pack, automation can help with problems like a limited skilled labor force, quality control issues and suboptimal throughput. But the high initial cost and extended implementation time can be deterrents.

Manufacturers are facing shrinking product lifecycles with frequently changing customer demands. As a result, they need agile production and flexible factory layouts that can easily be modified whenever needed.

Cyber criminals are increasingly setting their sights on today’s digitized manufacturing industry as an entry point into government and commercial supply chains.

As with any digital transformation process, the devil is in the details, and there are many potential pitfalls that can derail projects.

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.

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.

A Michigan company that displays instructions for manual manufacturing processes on work stations via augmented reality (AR) is adding wearables to provide similar guidance.

When a long-time customer came to Northwood Industries, Perrysburg, Ohio, with a challenge to redesign and make a part for one of its commercial paint spray guns, the company was pretty sure they had it covered.

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.