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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.

Shop Roots Out Long Set Up Times with Advanced Automation

Erik Anderson, president and CEO of Basin Precision Machining LLC, has determined that setups are the root of all evil when it comes to manufacturing productivity. They cause part variations, downtime, and high-percentage scrap rates.

Rethinking Control Systems for Multi-Well Pads

Drilling advancements have spurred the evolution of oil and gas operations from simplistic single-well pad fields to more complex multi-well pads. Today, many producers are using fracking and lateral drilling techniques to place 10 or more wells on one pad.

Tool Life, Scalability Drives New Thinking in Machining

With larger turbine components, compared to automotive and aerospace, plus assembly challenges, new machining technologies are gaining popularity. The conventional milling and broaching techniques in turbine blade machining, with the high tooling costs and abrasive flow issues, are fast fading, as modern assembly methods continue to drive machining tolerances to new heights

The Future of Smart Manufacturing

On June 22-23, SME hosted a Smart Manufacturing Working Group meeting at Texas A&M University (College Station, TX) followed by an international workshop on Smart Manufacturing for the Factory of the Future.

Cyber Secure Manufacturing Is Smart Manufacturing

It’s probably not a bad idea for smaller and mid-sized manufacturers (SMMs) to adopt an “us against them” attitude as they become aware of the prevalence of cyber-attacks in the digital age of the Industrial Internet of Things (IIoT) and Industry 4.0.

When is it best to make your own components?

Most manufacturers have relied on third-party vendors to make parts that are then incorporated into the final product. From automakers sourcing stereos and aircraft makers contracting for jet engines to a small bakery ordering plastic bags or a woodshop buying nails, producers of all types have supplemented their internal capabilities through a painstakingly developed supply chain of external vendors.