Siegel+Gale

ADDITIVE MANUFACTURING

Velo3D | December 24, 2021

Velo3D, Inc., a leader in metal additive manufacturing technology for mission-critical metal components, has announced the delivery of its first Sapphire® XC. The Sapphire® XC, or "Extra Capacity," is Velo3D's newest and biggest metal 3D printer, capable of producing both larger components and quicker manufacturing. The Sapphire® XC is a scaled-up version of the Sapphire® printer that utilizes the same FlowTM print preparation software, AssureTM quality control soft...

IndustryWeek | January 14, 2020

Nearly three-quarters of manufacturing managers worldwide consider data sharing to improve their operations. In a recent study, the World Economic Forum, in collaboration with Boston Consulting Group, entitled Share to Gain: Unlocking Data Value in Manufacturing, examined the opportunities associated with data sharing in manufacturing and the enablers for building successful data-sharing ecosystems. Although manufacturers are making strides in applying data-driven technologies, most focus on app...

Frost & Sullivan | March 13, 2020

With middle-class consumer purchasing on the rise Manufacturers are investing in new production facilities to meet escalated demand. As a result of this increase of production plants and machines, there has been an drive in a requirement for machine tools. An analysis by Frost & Sullivan predicts that this will push the machine tool market in Asia-Pacific to grow at a compound annual growth rate of 2.2% between 2018 and 2023, reaching US$10bn in revenue. Business expansion strategies and pla...

DIGITAL TRANSFORMATION

Hexagon | December 29, 2022

In a strategic move, digital reality solutions leader Hexagon AB acquired Loclab, the company recently announced. The acquisition is synergistic since Loclab is a leader in 3D digital twin content creation and will be a part of Hexagon’s Geosystems division. In addition, LocLab's proprietary technology is used by leading transportation, construction, and design consultant companies. Hexagon’s cloud-based storage, visualization, and collaboration platform blend well...