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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.

The growing skills gap is causing trepidation among manufacturers and the lack of millennials building careers within the industry is part of the concern.

There is a lot of promise in the coming adoption of Model-Based Definition (MBD) in industry. MBD is the practice of attaching useful information to a 3D CAD model, such as tolerances or material properties. This should be especially good news for manufacturing engineers.

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.

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.

Workers in the oil and gas industry continue to be one of the groups at the highest risk of injuries and fatalities on the job compared to all other U.S. industries. The most recent data from the Bureau of Labor Statistics (2015) revealed that out of 120 workplace deaths in the mining, oil, and gas extraction industry, 74 of them occurred within the support activities for oil and gas 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.

At UGN, one of our core operating principles is sustainability. That means minimizing waste to improve efficiency, add value, and refine the manufacturing process for our automotive products when and where we can.

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