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Connected manufacturing and digitization technologies are spurring many of the major innovations in CNC machine controls that help machine shops cut metal and create parts as quickly and efficiently as possible. In most cases, software leads the way in helping both CNC programmers and operators on the shop floor to easily manufacture parts with the highest possible precision.

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.

Visitors to the Valley of the Sun were recently treated to a dizzying display of software technology at Arizona’s Phoenix Convention Center. From June 4-7, the Siemens PLM Connection—Americas 2018 user conference hosted thousands of visitors from hundreds of manufacturing companies.

According to CIMdata’s latest report, Mastercam is the No. 1 CAM software used worldwide. CIMdata also ranked Mastercam’s global support network as the largest in the field of CAM.

Manufacturers are accelerating use of Internet of Things (IoT) technology, according to a survey of 66 companies.

The U.S. Navy has awarded Northrop Grumman Corporation (NYSE: NOC) a $9.6 million contract, with options up to $40.5 million, to produce the Transducer Array/Nose Shell Assembly of the MK 48 heavyweight torpedo.