MANUFACTURING TECHNOLOGY, DIGITAL TRANSFORMATION
Rootstock Software | January 27, 2023
Rootstock Software has been awarded "Most Promising Salesforce Service Provider" by CIOReview for its manufacturing ERP on the Salesforce Platform. The platform offers precise control over operational areas such as engineering, production, supply chain, and inventory and helps manufacturers adapt to challenges in the post-pandemic era. This award shows that Rootstock Software is serious about giving manufacturers solutions that help them become more flexible and quick.
Rootstock's ERP is native to Salesforce, allowing organizations to benefit from its ability to plug-and-play with other enterprise and point solutions. The platform offers features such as Salesforce Lightning, Einstein AI, and natural language processing and is specifically designed for manufacturers, distributors, and supply chain organizations. Rootstock Software has shown with this award that it is committed to giving manufacturers modern enterprise solutions that are made to fit their needs.
David Stephans, CEO of Rootstock Software, said, “By using Salesforce at the frontend and Rootstock at the backend, manufacturers can truly transform their operations for the post-pandemic era.”
(Source - Businesswire)
Rootstock's team brings decades of manufacturing and ERP experience to help customers succeed. Rootstock Software is a leader in the Gartner 2020 Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises because of how hard it works.
About Rootstock Software
Rootstock Software is a company that makes and uses cloud enterprise resource planning (ERP) software to help manufacturers and distributors build operations that can grow, offer personalized, 360-degree customer experiences, and provide better service than their competitors. Their cloud ERP solution, Rootstock, is natively built on the Salesforce Platform and offers a suite of modules including order management, manufacturing operations, supply chain management, and financial management. Rootstock is ranked as a leader in the ERP Value Matrix by industry analysts and has vertical expertise in discrete manufacturing, medical devices, and high-tech verticals. The people who work for the company work with customers as trusted advisors to bring about change and transformation. Rootstock continues to grow and expand its offerings.
Infinite Electronics, Inc. | January 20, 2023
On January 19, 2023, Infinite Electronics, Inc., the leading global supplier of electronic components, announced the acquisition of Bulgin Ltd, a UK-based developer and manufacturer of connectors and related components for harsh-environment applications. Equistone Partners Europe, a renowned European mid-market private equity firm, was the previous owner of Bulgin.
Bulgin has over a century of expertise designing, developing, and producing IP66, IP67, IP68, and IP69K severe environment connectivity solutions for customers in various industries. Bulgin is focused on bespoke services and custom capabilities, as well as fast prototyping and a Rapid Response Team (RRT) to meet customers' urgent needs. Since Equistone acquired the company in 2019, Bulgin has expanded dramatically, opening a new site in Tunis, Tunisia, as well as new headquarters in Cambridge, UK.
Bulgin has over 600 distributor locations across 60 countries and six continents. It employs 680 people worldwide, including its headquarters in the United Kingdom, businesses in Tunisia and Santa Fe Springs, California, as well as a foothold in the Asia-Pacific region.
This acquisition expands Infinite Electronics' presence in Europe. It follows the company's announcement of entering a definitive agreement to acquire Cable Connectivity Group (CCG) from Torqx Capital Partners and TKH Group NV, a leading producer and distributor of specialty cables and cable connectivity solutions. These acquisitions are prominent milestones in Infinite Electronics' six-year rapid growth. These slew of acquisitions are the latest milestones in Infinite Electronics' aggressive expansion over the last six years.
About Infinite Electronics, Inc.
Based in Irvine, California, Infinite Electronics is a leading global electrical component supplier, meeting engineers' urgent needs through a family of well-known and trusted brands. It offers a diverse range of components, assemblies, and wired/wireless connectivity solutions and serves the aerospace/defense, industrial, government, consumer electronics, instrumentation, medical and telecommunications markets. Infinite's brands include Pasternack, Fairview Microwave, L-com, MilesTek, Aiconics, KP Performance Antennas, PolyPhaser, Transtector, RadioWaves, ShowMe Cables, Integra Optics, INC Installs and NavePoint. By working quickly to supply goods, solutions, and real-time support to its clients, its brands help move the world's innovators forward.
Bright Machines | January 25, 2023
On January 24, 2023, Bright Machines, a leader in intelligent, software-defined manufacturing, and Viridi Parente, Inc., a leading developer of safe, resilient, point-of-use battery storage technology, announced that Viridi has chosen Bright Machines to transform the company's U.S. electric battery manufacturing facility digitally. Bright Machines Microfactories, the company's full-stack assembly automation solution, modernizes production by integrating data and AI. This gives Viridi new capability to fulfill the growing demand for its zero-carbon emission energy battery solutions.
Viridi manufactures battery energy storage systems in Buffalo, New York. Bright Machines will play a key role in the assembly of Viridi's stationary lithium-ion battery pack system modules, which are developed and tested to be fail-safe for installation in industrial, commercial, and residential settings. Companies like Viridi and Bright Machines are fueling the United States' re-emergence as a global manufacturing powerhouse.
Bright Machines will assist Viridi in automating the assembly of its clean, sustainable power sources, which will replace century-old distributed energy platforms, including fossil fuel, lead-acid batteries, and other outmoded technologies. Additionally, Viridi will implement more sustainable practices by utilizing Bright Machines' intelligent automation solution, which evaluates production areas to determine the appropriate material requirements to reduce fault rates.
Viridi will also be able to decrease overproduction and instead produce-to-order depending on local market demand as its facility is near the end consumer. This will result in reduced landfill and an overall reduction in Viridi's carbon footprint.
The only option to reduce costs, emissions, and geopolitical risks while satisfying U.S. battery and electrification demand is to localize the production of crucial battery components. Intelligent assembly automation from Bright Machines enables rapid product evolution at a low cost while minimizing time to market. In addition, the trend toward closer-to-home production promotes jobs in the United States and allows businesses to progress their sustainability efforts through local and regional supply chains.
About Bright Machines
Founded in 2018, Bright Machines is a leading technology firm that offers an innovative approach to software-defined, intelligent manufacturing. It uses machine learning, computer vision, 3D simulation, and adaptive robotics to alter production's flexibility, scalability, and economics fundamentally. Bright Machines runs R&D facilities in the United States and Israel, with additional field operations in the United States, Mexico, China, and Poland, and it employs more than 500 people globally. It has been recognized as a "Technology Pioneer" by the World Economic Forum and one of "America's Most Promising Artificial Intelligence Companies" by Forbes in 2019.