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Items filtered by date: February 2018 - CIMdata
Wednesday, March 28, 2018

ABB opens smart factory in Bangalore

ABB India has inaugurated one of the first smart factories in Bangalore for production of electrical protection and connection solutions. The facility will be located in the premises of its existing factory at Nelamangala in Bangalore, the start-up and IT capital of India. The smart factory enables continuous monitoring of the production process through visualisation of operational data to increase efficiency and flexibility of the manufacturing process. The smart production line can track and display operational performance parameters across the entire manufacturing chain in real time. The factory also has digital lifecycle management with interconnected automation components, machines as well as data about processes and products. Real-time feeds monitor the entire manufacturing process. The stock of ABB India closed at ₹1,294.65, up 1.55 per cent, on the NSE. To view the original press release, please click here. Search for ABB India on CIMdata.com
Published in Newsletter Articles
Conga today announced the acquisition of Orchestrate LLC, a trailblazer in the financial services space that enables best-of-breed operations with its award-winning digital process workflow automation application, ProcessComposer. The acquisition of Orchestrate will enhance the breadth and depth of the Conga Suite, widely considered the industry's most comprehensive intelligent document automation suite. Orchestrate will extend the Conga Suite by providing the ability to visualize, create, and automate business process workflows, allowing Conga’s customers to directly address issues around process compliance and oversight. It will deliver better insight into workflow and help solve other issues stemming from antiquated and manual processes that teams have grown to accept at the expense of both efficiency and effectiveness. Conga’s product portfolio encompasses end-to-end Intelligent Document Automation solutions, from data management, document generation, contract lifecycle management (CLM), and eSignature. With the March 7th agreement to acquire Octiv, Conga added web-based document creation, delivery, and collaboration capabilities; and with
Published in Newsletter Articles
 PDF Key takeaways: Increasingly, engineering designs comprise procured-in components and whole sub-modules from external companies. Today, final manufactured products are designed and built by a diverse distributed network of individuals and teams. Development of products involves a diverse Product Stakeholder Network of people who collaborate on ideas and content, and who make decisions that influence the final product. The Product Stakeholder Network determines final product definition, including procured-in content, and is especially prevalent in industries such as traditional manufacturing, consumer goods, and mechatronics. In this new age of global collaboration, organizations face internal impediments due to the way they’re structured by departments which evolved over decades without consideration for inter-departmental and company-to-company collaboration. The market needs a solution that supports informal P2P collaboration across these boundaries, yet also maintains a persistent record of Why, How, What, and by Whom decisions were made. Introduction Conventional thinking has us believe that products are conceived, developed, and made by the product brand
Published in Commentaries
Today at Siemens U.S. Innovation Day in Chicago, Siemens introduced a breakthrough solution for the development of autonomous driving systems. The solution, part of the Simcenter™ portfolio, minimizes the need for extensive physical prototyping while dramatically reducing the number of logged test miles necessary to demonstrate the safety of autonomous vehicles. According to the findings of a report issued by the Rand Corporation, autonomous vehicle prototypes would have to be driven hundreds of millions of miles, and in some cases hundreds of billions of miles, over the course of several decades to demonstrate their reliability in terms of fatalities and injuries – an outcome the authors deemed inconsistent with the near-term commercial viability of self-driving cars. For possible solutions to these challenges, the researchers pointed to innovative testing methods such as advanced simulation technologies. Leveraging advanced, physics-based simulation and innovative sensor data processing technologies, the new Siemens solution is designed to
Published in Newsletter Articles
IBM today announced the launch of IBM Watson Data Kits, which are designed to accelerate the development of AI applications to help support faster, more informed decision making for business leaders. Watson Data Kits will provide companies across industries with pre-enriched, machine readable, industry-specific data that can enable them to scale AI across their business. With expected availability in 2Q 2018, the kits will initially serve the travel and transportation and food industries with Watson Data Kits for travel points of interest and food menus, respectively. Data scientists currently spend roughly 79% of their time collecting, organizing and mining data to glean actionable insights (Source: Forbes, 2016), making it challenging for business leaders to implement must-have AI technology at scale. By helping to streamline and accelerate the development process for data scientists and AI engineers, companies can now quickly extract rich insights, create more engaging consumer experiences and ultimately drive greater
Published in Newsletter Articles
Dassault Systèmes announced that UNO Minda Group has adopted its 3DExperience platform to drive the new product development process and improve business efficiency. The UNO Minda Group aims to improve product quality, reliability and cross-functional team collaboration, hence delivering product innovation and meeting aggressive growth targets for the company. The adoption of the 3DExperience platform will enable UNO Minda Group to integrate data and systems across the engineering and manufacturing value chain, reduce new product development time, and improve operational efficiencies and product reliability, thereby positively impacting market share. “At UNO Minda Group, market leadership begins with understanding the customer requirements and turning these requirements into products as quickly as possible, keeping quality and cost at the forefront,” said Naveesh Garg, chief strategy & technology officer, UNO Minda Group. “Since agility is the key to delivering the latest products to our customers, we are embarking on a new initiative named ‘Enterprise PLM
Published in Newsletter Articles
In mid-April one of the world's largest PLM conferences will take place: the prostep ivip Symposium 2018. CONTACT Software is back again and supports this year's motto "Boosting digital realities in engineering and manufacturing" from both perspectives. A look at the development process addresses the virtual commissioning of smart prototypes, while a look at the digital factory addresses performance management in production. On the first day of the symposium, Dr. Patrick Müller from CONTACT Software and Prof. Dr.-Ing. Rainer Stark from Fraunhofer IPK will present an interactive 3D development environment for virtual commissioning. Its core is a scalable modular system consisting of VR, AR, simulation and PLM technologies, which was developed in the VIB-SHP research project. The goal: to test cyber-physical manufacturing systems in the early development phase with customers and suppliers and to secure them before costly assemblies are carried out. On the second day, CONTACT´s Head of Software Development Frank
Published in Newsletter Articles
Siemens and Atos today announce the reinforcement of their strategic co-operation, with plans to accelerate their joint business until 2020 through an ambitious joint go-to-market plan and the strengthening of their joint innovation and investment program. The program has been increased by €100 million, totaling €330 million – more than three times the original sum. This will further support the Siemens and Atos IoT MindSphere-Codex strategic co-operation as well as the joint go-to-market. The joint innovation and investment program aims to enhance Siemens and Atos' digital strategy and develop joint capabilities in Data Analytics, Artificial Intelligence, advanced IoT & connectivity services, cyber security and digital service technologies to support the digital transformation of their customers through an end-to-end IoT suite. Since the start of the partnership in 2011 Siemens and Atos have achieved a joint order intake of €2.5 billion and significantly surpassed all expectations. At its last meeting on
Published in Newsletter Articles
Outscale has been made Preferred Partner by the global NVIDIA Partner Network (NPN). This reflects Outscale's commitment to providing world-class reliable cloud services covering graphics/3D features and calculating power for Big Data and Machine Learning. Cloud-based GPU: a high-tech partner striving for innovation and performance. The NVIDIA NPN program approves cloud service providers who are highly skilled in cloud-based graphics services. By joining the program, Outscale offers ground-breaking solutions to the cloud's main challenges including 3D features, Big Data and Machine Learning. In addition to cloud services for commodities and the general public, Outscale provides cloud-based NVIDIA GPU solutions, thereby boosting graphics and calculating power (VDI / 3D / Big Data / Machine learning), which are also included in cloud appliance such as TINA On-Premise. Close client support Digital switchover projects all require reliable and top-class cloud facilities, as well as human assistance. Our NVIDIA-approved people are cutting-edge GPU cloud-savvy
Published in Newsletter Articles
Inceptra LLC and Andea have entered into a strategic service relationship. The partnership will support the growth of the Inceptra Manufacturing solution portfolio, while enabling Andea to secure valuable access, to showcase their MOM expertise, to organizations on the verge of taking on manufacturing optimization projects. Inceptra is the largest dedicated North American reseller of Dassault Systemes PLM and MOM solutions. While teaming with Andea, Inceptra will be able to create greater value for its customers, supporting their enterprise manufacturing transformation practices while deploying the Apriso MOM platform. In turn, this relationship enables Andea to broaden its reach among clientele and garner additional PLM experience. Jim Ryan, President and CEO, Inceptra stated, “We are pleased to partner with Andea. Andea has a proven methodology and track record while successfully deploying Manufacturing Operations Management (MOM) solutions on a global scale. Their commitment to successful projects and focus on customer satisfaction completely
Published in Newsletter Articles
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