mPLUS CORP and Siemens Sign MOU for Cooperation in Battery Industry
mPLUS CORP | August 18, 2021
mPLUS CORP., the secondary battery manufacturing process machine suppliers, announced they had signed an MoU with Digital Industries (DI) at Siemens Korea (Siemens Ltd. Seoul · SLS) for collaboration in the battery industry on August 10.
Mr. Rainer Brehm, CEO of Siemens DI FA (Digital industries Factory automation), visited mPLUS head office last month to have collaboration discussion with Mr. Jongsung Kim, the CEO of mPLUS, and the management team. They mutually agreed on the higher-level technical cooperations in the battery industry.
The MoU was signed by Jongsung Kim, the CEO of mPLUS, and Thomas Schmid, Head of Digital Industries of Siemens Korea.
The signed MOU states that joint collaborations are to grow together with integrating core competences of both companies, such as mPLUS's world-class proven technologies in building battery manufacturing process machines and Siemens's state of the art technologies for future automation like digital twin and industry 4.0, in which Siemens plays a key role.
From these collaborations, mPLUS expects to expand its market presence globally and Siemens to maintain its concrete position in the battery industry as the best factory automation solution partner
A representative from mPLUS said, "This MOU shows that the global leading company had recognized mPLUS's global technological competences.", "It has significant meaning to create synergy through a technological and strategic partnership which are covered by specialized expertise in each field of both companies." And added, "In particular, it will be an advanced collaborations for complete automation of equipment and production plants, not simple hardware cooperation. Through this, we will be able to provide high-level product development and service to global customers."
Frost & Sullivan | July 27, 2021
According to Frost & Sullivan's recent analysis on lights-out manufacturing, the rapidly falling cost of robotics and constantly rising labor expenses will drive manufacturers' shift to a lights-out setting. The production process is entirely automated in a lights-out environment, with minimal human involvement needed to operate day-to-day operations. By switching to a lights-out operations model, companies can maximize their human capital and save up to 20% on labor expenses while increasing productivity output by 30%. Furthermore, they can meet their sustainability and zero-carbon emission targets by conserving energy during production hours. Automotive, general manufacturing, electronics and electrical components, and logistics and warehousing are four key sectors anticipated to make rapid development toward a fully automated lights-out environment in the near future.
A lights-out manufacturing process can unleash many possibilities with a long-term vision, a digital-first approach, and a highly-skilled human workforce, including:
• Rise of micro-factories: This will be driven by moving toward decentralized structures and automated manufacturing processes, requiring a smaller workforce and less space, energy, and resources.
• Grid manufacturing: By adopting operational customization as a business strategy, companies will accomplish mass customization through cyber-physical systems and computational advancements driving intelligent automation.
• Manufacturing-to-zero-as-a-service: To provide industrial optimization with a zero-based value proposition, an integrated strategy that uses all core "zero" technologies is needed.
• Industrial Internet of Things (IIoT) platform: Building a collectively intelligent IIoT platform requires ensuring a seamless transfer of information among interconnected stakeholders.
Transformative Mega Trends Enabling Lights-Out Manufacturing is the most recent addition to Frost & Sullivan's TechVision research and analyses, which are available through the Frost & Sullivan Leadership Council and assist organizations in identifying a continuous flow of growth opportunities to succeed in an uncertain future.
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Frost & Sullivan has been world-renowned for its role in assisting investors, corporate leaders, and governments in navigating economic changes and identifying disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success for over six decades.
Desktop Metal | August 27, 2020
Desktop Metal, Inc. a leader in mass production and turnkey additive manufacturing solutions, announced today it will become a publicly listed company in order to accelerate its growth trajectory within the rapidly growing additive manufacturing market and capitalize on the strong secular tailwinds supporting the reshoring of manufacturing and supply chain flexibility. The Company has signed a definitive business combination agreement with Trine Acquisition Corp., a special purpose acquisition company led by Leo Hindery, Jr. and HPS Investment Partners, a global credit investment firm with over $60 billion in assets under management. Upon closing of the transaction, the combined operating company will be named Desktop Metal, Inc. and will continue to be listed on the New York Stock Exchange and trade under the ticker symbol “DM.”
The additive manufacturing industry grew at a 20 percent annual compound rate between 2006 and 2016 before accelerating to 25 percent compound annual growth over the last 3 years, a rate that is expected to continue over the next decade as the market surges from $12 billion in 2019 to an estimated $146 billion in 2030. This market inflection is being driven by a shift in applications from design prototyping and tooling to mass production of end-use parts, enabled by the emergence of what Desktop Metal refers to as “Additive Manufacturing 2.0,” a wave of next-generation additive manufacturing technologies that unlock throughput, repeatability, and competitive part costs. These solutions feature key innovations across printers, materials, and software and pull additive manufacturing into direct competition with conventional processes used to manufacture $12 trillion in goods annually.