Simio | November 02, 2020
Microsoft's newly released eBook "Enhance Innovation and Agility with Digital Twins" brings clarity to the rapidly emerging Digital Twin market and demonstrates through case studies the value unlocked by disruptive innovators like Simio, bringing the Manufacturing Digital Twin vision to life. The eBook showcases the thriving Azure Digital Twin platform and underscores the importance of Microsoft partners to the Digital Twin ecosystem. Microsoft defines the Digital Twin as "a virtual replica of a physical object, machine part, system, process or entire lifecycle." Microsoft's eBook highlights how Digital Twins in asset management, performance management, operations, and facility optimization enable real-time monitoring and control, possess the ability to learn with AI and ML, autonomously update and self-heal, and can improve systems and designs over time. Simio's Digital Twin exemplifies this definition, employing unique, ground-breaking technology to construct simulation-based forward-looking Digital Twins to help global manufacturers solve some of their most pressing issues. The comprehensive case study included in the eBook explains how a Simio Digital Twin can be deployed to achieve optimized production scheduling and capacity planning, resulting in reduced operational costs, increased on-time delivery, and the agility to reschedule when shop floor events derail production.
prnewswire | January 20, 2021
Saw Mill Capital Partners II, LP and subsidiary private value venture reserves oversaw by Saw Mill Capital LLC (altogether alluded to in this as "Saw Mill") are satisfied to declare the securing of RND Automation ("RND"). "This securing speaks to an exceptional chance for iAutomation to extend its joining, vision, and advanced mechanics abilities while likewise giving an actual impression in the southeast," remarked Tim Nelson, Partner at Saw Mill. During these unprecedented occasions, the pandemic is reinforcing the situation for advanced mechanics and mechanization.
iAutomation has demonstrated throughout the long term that they are focused on going past and turning into the most complete asset for its customers and accomplices. This latest vital move with RND robotization demonstrates that responsibility and it is only the start. RND Automation is Florida's biggest custom mechanical technology, bundling, and gathering hardware producer settled in Lakewood Ranch, Florida.
"We are excited by this opportunity to partner with Saw Mill to take our growth to the next level," stated Sean Dotson, President of RND. "We have been partnering with Saw Mill's portfolio company, iAutomation, for the last couple of years and are impressed by the expansive enterprise Gregg Holst, CEO of iAutomation, and his team has built with Saw Mill."
"To now have a stand-alone affiliate company that when applicable will leverage our combined capabilities is extremely exciting," stated Gregg Holst, CEO of iAutomation. "We now will be able to round out our goal of having capabilities in all three of the critical industrial automation disciplines: motion control, vision, and robotics. Together we will be able to deliver best in class capabilities and services to our collective customer base and beyond."
Saw Mill is focused on aiding all its portfolio organizations accomplish their full development potential, both naturally and through essential acquisitions. All of Saw Mill's Fund II portfolio ventures, including iAutomation, are effectively looking for acquisitions.
ABOUT RND AUTOMATION
Based in Lakewood Ranch, FL, RND Automation designs, engineers and integrates automation solutions for packaging and assembly applications in the medical device, life sciences, and consumer products sectors, among others.
Headquartered in North Attleborough, MA, iAutomation is a designer and distributor of innovative automation products, solutions, and services to the world's leading manufacturers of technologically advanced automated equipment.
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.
About Frost & Sullivan
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.