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 PDF Key takeaways: In most companies, product cost and manufacturing knowledge and requirements are spread across different functions and information systems Competitive pressures to win business are forcing companies to make decisions earlier in the lifecycle, making it more difficult to get disconnected functions to bid to win and to make money The most successful companies take a team approach to product costing, fostering collaboration among design engineers, cost engineers, manufacturing, and supply chain management aPriori designed their solutions to support the deep subject matter expertise needed to simulate manufacturing processes cost effectively within a collaboration environment that helps teams meet their market requirements and costing objectives In today’s economy manufacturing companies are facing competition from all sides. While global competition makes the headlines, these same companies increasingly face new competitors at home using new approaches, new materials, and new value chains. Competing on price or delivery, or even features, are not enough when taken alone.

Wipro Limited today announced that it has successfully launched its DevOps platform, AgileBase, on Microsoft Azure. This solution enables global enterprises to adopt DevOps in a fast and cost effective manner. The Wipro AgileBase platform has been published on Azure Marketplace. The AgileBase platform can potentially reduce the DevOps set-up time by up to 90 percent, while eliminating manual efforts vis-a-vis traditional deployments. Enterprise customers have started adopting DevOps tools to be agile and automate their development, testing and operations environment. However, in the process, these enterprises end up with a large set of disparate tools in the IT landscape and a huge set of automation scripts. Wipro’s AgileBase DevOps platform complements the existing investments made by customer organizations and helps accelerate the software delivery process by providing a comprehensive continuous delivery environment. AgileBase leverages the existing ALM (Application Lifecycle Management) tool investments, uses industry-best practices to build and release

SAP today announced new capabilities to consolidate disparate, siloed and legacy systems into one modern, cloud-based, mobile-ready collaboration platform, enabling information technology (IT) teams to more easily provision and maintain enterprise collaboration technology. “Business units are demanding more from IT than ever before,” said Steve Hamrick, vice president, Product Management, Collaboration Software, SAP. “Often, lines of business opt to deviate from officially endorsed systems and solutions, leading to disparate and potentially vulnerable information systems. In this environment, streamlining business processes is critical to improving employee productivity and keeping up with the pace of the market. This ultimately helps IT deliver a more productive and secure collaboration infrastructure.” To enable IT to strengthen a company’s collaboration experience with fewer manual resources and support, SAP Jam Collaboration can help improve business agility and shorten the time to respond to customer needs by helping to simplify the process to engage stakeholders and subject-matter

SAP today announced the newest version of the SAP Master Data Governance application. Updates include intuitive analytics and enhanced mobile functionality with SAP Smart Business cockpits powered by SAP HANA and new SAP Fiori apps for master data governance. This announcement was made at the 2016 San Diego TDWI conference. “Information governance is crucial to the success of all digital transformation initiatives — be it a business network, Internet of Things or Big Data and analytics undertaking,” said Philip On, vice president, product marketing, Enterprise Information Management, at SAP. “Our newest version of SAP Master Data Governance offers a strong technology foundation to manage SAP and non-SAP data across any master data domain in one single application. It simplifies master data management and helps customers accelerate their digital business journey.” The latest version of SAP Master Data Governance expands master data consolidation functionality to the material data domain in addition to supplier and

Researchers at the U.S. Commerce Department's National Institute of Standards and Technology (NIST) have launched the Smart Manufacturing Systems (SMS) Test Bed. The test bed is an innovative model factory that will facilitate the advanced manufacturing technology known as the "digital thread" and help manufacturers cut costs, shorten production time, reduce errors and provide higher quality goods. "The SMS Test Bed joins the many resources NIST offers to help U.S. manufacturers drive innovation and compete in a global market," said Under Secretary of Commerce for Standards and Technology and NIST Director Willie E. May. "Digital manufacturing represents an exciting advance that is expected to yield significant operational and bottom-line benefits for manufacturers of all sizes." Until recently, manufacturers have predominantly used two-dimensional (2D) drawings--what we know as blueprints--in either printed form, computer-aided design (CAD) plans or a combination of both to guide a product through its life cycle. Because these

The Nemetschek Group is raising the forecast for its revenue and operating earnings (EBITDA) for the current financial year 2016. The new forecast envisages revenues in the range of EUR 338 million to EUR 341 million (previously: EUR 319 million to EUR 325 million). Compared to the previous year, this results in a planned growth in revenue (EUR 285.3 million) of +18% to +20% (previously: +12% to +14%). The operating EBITDA (adjusted for the positive one-time effect of EUR 1.9 million which occurred in the 2nd quarter) is now expected to be in the range of EUR 89 million to EUR 91 million. Compared to the previous year’s value (EUR 69.5 million), this would correspond to a rise of +28% to +31% (previous forecast: EUR 77 million to EUR 80 million). The positive business development, which continued in the third quarter of 2016, is attributable in particular to strong organic

VERICUT Composite Applications from CGTech, programming and simulation software for automated composite fabrication machinery, is the winner of the Enterprise Software category for 2016 at the OC Tech Alliance 23rd Annual High-Tech Innovation Awards dinner, October 6 at the Westin South Coast Plaza in Costa Mesa.   Automated fiber placement (AFP) and automated tape laying (ATL) are methods to fabricate near-net-shape composites parts using a CNC machine to apply material to a mold with an additive process. At the request of one of its large aerospace customers, CGTech developed the first machine-independent programming and simulation system for this type of sophisticated equipment. Many structural composite parts on military and commercial aircraft are currently created using CGTech’s software.  “All of the finalists were deserving and our judges felt CGTech stood out in a highly competitive category,” said Peter Craig, CEO, OC Tech Alliance.  “We congratulate CGTech for winning the 2016 award and

Altair has signed a new reseller agreement with IPM Solutions Ltd., which will provide Slovakian customers with local HyperWorks sales and consulting. IPM Solutions covers the customers’ needs within the entire territory of Slovakia. HyperWorks includes modelling, linear and nonlinear analyses, structural and system-level optimization, fluid and multi-body dynamics simulation, electromagnetic compatibility (EMC), multiphysics analysis, model-based development, and data management solutions. Altair supports its customers throughout the world to include Simulation-driven InnovationTM in their product development processes to generate innovative design solutions. Coming with a background in Computer Aided Design (CAD) and Computer Aided Engineering (CAE), IPM Solutions will be able to serve HyperWorks users in Slovakia.  “With this partnership we will further increase our presence in Eastern Europe,” said Dr. Pietro Cervellera, Managing Director, Altair Engineering GmbH. "I'm happy about this partnership, because I know we can rely on IPM Solutions' highly qualified team to grow Altair's

COMSOL, Inc. provided attendees with the latest updates of COMSOL Multiphysics® software, COMSOL Server™ product, and COMSOL Client at the 12th annual COMSOL Conference Boston. The latest update of the COMSOL® software features major performance increases and the release of the Rotordynamics Module, which is now available as an add-on product to the Structural Mechanics Module. COMSOL is committed to continue its strive to deliver the most efficient and robust multiphysics environment for its wide range of products for electrical, mechanical, acoustics, fluid, thermal, and chemical simulations. “To fulfil this commitment, COMSOL’s development team ensures that each update of the COMSOL® software provides more efficient solvers, meshing, and physics modeling functionality”, comments Bjorn Sjodin, VP of Product Management, COMSOL, Inc. The latest update of the COMSOL® software product suite includes the new Rotordynamics Module, which will aid engineers in analyzing vibrations due to centrifugal forces and other gyroscopic effects in

today announced the availability of ThingWorx® Analytics Builder, the latest component of its ThingWorx® Internet of Things (IoT) platform. ThingWorx Analytics Builder is an interactive user interface for creating and managing advanced analytic models for use in ThingWorx-powered solutions. With the addition of ThingWorx Analytics Builder, PTC further enhances its leading IoT analytics capabilities through the ThingWorx platform. ThingWorx Analytics Builder is a part of and complements the already robust capabilities of ThingWorx Analytics. The product helps convert complex data readings from connected products and services into simple-to-understand information via a user-friendly interface. ThingWorx Analytics Builder simplifies the advanced analytics process, helping solution developers interpret information faster and save valuable time for other parts of the data analysis process. “Implementing a comprehensive analytics operation should be at the top of the priority list for any company pursuing an IoT strategy,” said Ryan Caplan, general manager, ThingWorx Analytics. “ThingWorx takes the complexity out