Industry Summary Articles

Computer-aided and “model-driven” product development practices have steadily evolved since the 1960s. Companies use software to create digitalized 2D/3D geometry and assess that geometry using physics-based performance calculations. The industry has rapidly progressed from tools built for and used exclusively on the engineer’s desktop in discrete domains, to more enterprise…

Achieving Sustainable Innovation Innovation, in particular “sustainable innovation” is becoming, in our modern business environment, an essential element for growth and profitability. Combined with the global trend towards digitalization of all business functions, engineering processes and tools need to be adjusted accordingly. Properly designing and implementing a digital, model-based, and…

Digitalization of the process chains in development and manufacturing requires the availability of all the digital product information, not just the mechanical CAD data. This is why PROSTEP, together with WSCAD, has created an interface between WSCAD's electrical CAD solution and the OpenPDM integration platform. It enables bidirectional synchronization of…

Digitalization of the process chains in development and manufacturing requires the availability of all the digital product information, not just the mechanical CAD data. This is why PROSTEP, together with WSCAD, has created an interface between WSCAD's electrical CAD solution and the OpenPDM integration platform. It enables bidirectional synchronization of…

ThoughtFocus, a Gold Sponsor of the SAP A&D Innovation Days conference in San Diego, CA, will host a key conference presentation on the digital transformation of a complex, multi-site global organization into a nimble, unified, and quality-assured manufacturing enterprise. The business strategy briefing session for prominent aerospace and defense manufacturing executives will take…

One of the most exciting new capabilities in Smart Manufacturing (SM) and Cyber-Physical Production Systems (CPPS) is the provisioning of manufacturing services as unbundled "apps or services," which could be significantly more flexible and less expensive to use than the current generation of monolithic manufacturing applications. However, bundling and integrating…

Tata Communications is partnering with Hewlett Packard Enterprise (HPE) to support the roll-out of the former's Internet of Things platform, the LoRa network.  The company will also work with HPE to provide a range of domestic and cross-border IoT connectivity and management services, particularly for applications requiring elements of mobility,…

NEC Corporation today announced plans to reorganize its business structure as of April 1, 2017 in order to further contribute to the resolution of social issues facing regions across Japan through its Solutions for Society, which leverage ICT to create advanced social infrastructure. NEC's Corporate Sales and Sales Operations Unit…

IGE+XAO announces the creation of IGE+XAO INDIA Private Limited in Bangalore, at the heart of the Indian "Silicon Valley". IGE+XAO INDIA will distribute IGE+XAO Electrical CAD, PLM and Simulation software ranges on the rapidly expanding Indian market. It will target local key accounts as well as Small and Medium businesses…

Flowserve Corp. announced that John E. (Jay) Roueche III, Flowserve’s vice president, investor relations and treasurer, will assume the role of interim chief financial officer, effective immediately. Roueche’s appointment follows Karyn Ovelmen’s departure from the company as executive vice president and chief financial officer. Flowserve will initiate a search to…