MANUFACTURING TECHNOLOGY
Matterport | February 01, 2023
Leading spatial data firm, Matterport,Inc., recently announced the selection of its 3D capture technology and Digital Twin Platform by John Deere. The implementation allow remote management of over 60 John Deere’s facilities spread across South America, North America, Asia and Europe via a virtual operation center. The company’s platform will create digital replicas of John Deere’s manufacturing facilities, allowing teams to collaborate, plan the site changes, and track progress.
To enhance site operations, John Deere will take 4K resolution digital twins with spatial accuracy using Matterport's Pro2 and Pro3 cameras. Employees at John Deere can remotely access any facility's digital twin using Matterport's digital twin technology in order to track materials and assets, keep an eye on vehicles, and integrate real-time IoT data streams. Within the digital twin, real-time collaboration increases productivity while lowering the need for expensive site visits.
Jay Remley, Matterport’s Chief Revenue Officer, said, “We’re proud to support John Deere on their journey to reinvent manufacturing operations.” He further added, “For global businesses with facilities spread across several regions and time zones, the ability to remotely optimize each space based on its own unique parameters is a critical unlock for operations management. Our digital twin platform enables companies to reap real productivity gains and cost savings by digitizing their operations for more efficient maintenance, remote monitoring and improved decision making.”
(Source - GlobeNewswire)
About Matterport
Matterport is leading spatial data solutions provider. The solutions are targeted at indexing and digitizing the built environment. Using a digital twin, enterprises can transform their built spaces into immersive, accurate digital twins to create, plan, comprehend, operate and promote any environment with Matterport’s proprietary 3D data platform. The spatial computing platform helps convert build structures into data, using every location and enhancing the overall value.
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PROCUREMENT & SUPPLY CHAIN
Tempo Automation | January 31, 2023
On January 30, 2023, Tempo Automation Holdings, Inc. has updated its Accelerated Electronics Manufacturing Platform with new management tools to provide real-time visibility and manage the inventory aspect across projects and prototype buildings, protecting clients against potential supply chain problems in the electronics sector.
At the core of this new update lies Tempo’s very own inventory management system and will manage and update the status of every electronic component in real-time, from receiving, storage, manufacturing, and production. It is designed specifically for the requirements of quick-turn electronic manufacturing with a high, mix or low volume.
CEO of Tempo, Joy Weiss, said, "Our customers rely on us to rapidly source materials from numerous vendors, then consolidate inventory into our warehouse to support their product development." She further added, "Given the impact that industry component shortages have had on our customers, we invested in upgrading our platform to provide real-time, traceable inventory management at the customer, project, and component level."
(Source – Globe Newswire)
It will protect clients against instability in the market of electronic components, warn about critical components beforehand. It will also help them assign the components to their prototype and demanded product builds to market quickly and avoid re-design expenses. It also offers solutions to domestic electronics manufacturing at crucial times. It provides rapid Printed Circuit Board Assembly (PCBA) prototyping, on-demand manufacturing, digital thread from design to delivery, and virtual tours in the factory. Its PCBA capabilities include HDI, rigid, fine-pitch BGA and QFN assembly and stacked micro-vias. Its class 2 and 3 productions have ISO9001:2015, AS9100D, and ISO13485:2016 certifications.
About Tempo Automation
Tempo Automation is one of the prominent software companies providing electronics manufacturing solutions and launching electronic products in the market. It's Accelerated Electronics Manufacturing Platform assists with PCBA manufacturing to offer fast and the best solution to low-volume manufacturers. Headquartered in San Francisco, California, the company’s digital automation, data intelligence and vast network enables its clients to cope with the competition. Tempo provides solutions to various industries from rockets, robots, autonomous cars, drones, technology, medial and space.
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MANUFACTURING TECHNOLOGY
Helios Technologies, Inc. | January 19, 2023
Helios Technologies, Inc., a global technology leader in the hydraulics and electronics markets, has signed a definitive agreement to acquire Schultes Precision Manufacturing, Inc. Schultes, a precision machined components and assemblies manufacturer for customers with extremely tight tolerances, excellent quality, and exceptional value-added manufacturing process requirements. Schultes consistently delivers manufacturing quality, reliability, and responsiveness crucial to its customers' success and is currently serving the communication, hydraulic, aerospace, food services, medical devices, and dental industries.
Schultes acquisition will help Helios move into new end markets with complementary manufacturing expertise and favorable secular tailwinds. It will also open new avenues into communication, food services, communication, as well as the life sciences sector, including those for medical devices and dental applications. As a strategic partner, Schultes, gives Helios more depth in manufacturing processes which can be used to expand its "in the region for the region" strategy.
In 2022, Schultes had roughly $30 million in revenue, and currently operates from its newly expanded 110,000 square foot facility based on seven acres with roughly 20,000 square feet of additional space for future growth. In addition, Schultes provides rapid growth applications to its customers, from prototype to full-rate production.
Josef Matosevic, Helios’ President and Chief Executive Officer, said, “Schultes is an excellent bolt-on flywheel acquisition to add to our Hydraulics segment. It brings process technology and know-how that advances our ability to serve our customers with a broader product and solutions portfolio.” He further added, “It also expands and diversifies our markets and continues to optimize our manufacturing and operating footprint. Schultes is yet another strong standalone business with a healthy margin profile that fits perfectly into our Hydraulics business. This transaction is another milestone that further validates that we are making great progress against our augmented strategy and long-term goals.”
(Source – Businesswire)
Helios expects the acquisition to be completed in the first quarter of 2023, subjected to customary closing conditions. The terms were not disclosed.
About Helios Technologies, Inc.
Helios Technologies is a leading motion control and electronic controls technology provider for a wide range of end markets, such as agriculture, construction, energy, material handling, recreational vehicles, maritime, and health and wellness. It develops and manufactures innovative products and solutions, including customized electronic control systems, hydraulic cartridge valves and quick-release couplings. Helios' products are sold to customers in over 90 countries worldwide. The company's growth plan is to be the leading provider of premier products and solutions in niche areas through innovative product creation and acquisition.
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