Globenewswire | August 14, 2023
Nano Dimension Ltd. , a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, announced today that it is acquiring the technology and intellectual property of the U.K.-based company Additive Flow (“Additive Flow”), which supplies solutions for 3D design simulation and optimization.
Additive Flow has developed high-performance and high-quality simulation software for mechanical, thermal, thermo-mechanical properties, along with frequency and fatigue across a range of materials and processes. Their product addresses design, production, and quality decisions, while optimizing for cost, weight, manufacturing productivity, and manufacturing yield – all simultaneously.
The customer base of Additive Flow is from the following vertical market segments:
• Advance Optics & Optoelectronics
• Aerospace & Defense
• Advanced Energy
This acquisition signals a successful milestone in Nano Dimension’s product development roadmap. Computer-aided engineering and design components are a core part of the Company’s design-through-manufacturing product strategy. Simulation algorithms and optimization capabilities are particularly crucial for leveraging the advantages of additive manufacturing. Additive Flow’s AI and GPU (‘Graphics Processing Unit’) accelerated software will enhance the ability of Nano Dimension customers to replicate, design, and augment AME electronic components’ prototypical layouts, in a rapid and cost-effective manner. Additive Flow’s core technology will be integrated into Nano Dimension’s proprietary design package suite, FLIGHT.
Alexander Pluke, Chief Executive Officer and Chief Technology Officer of Additive Flow commented: “The Additive Flow team is thrilled to join Nano Dimension. Our solution was born out of real engineering challenges we faced to harness the capability of advanced manufacturing. Our platform is built from the ground up to handle all the complex data and decisions of digital engineering, so teams can focus on their key goals. We are fortunate to have found a great partner in Nano Dimension where our innovation can be leveraged to its maximum potential. We look forward to building on our impressive track record and continuing to develop Additive Flow’s software and enhance Nano Dimension’s leading AM and AME product offerings.”
Nick Geddes, Senior Chief Technology Officer of Nano Dimension, added: “We have been looking at the software market for simulation and optimization offerings for some time. There are many strong solutions in the market that do certain elements of those complicated tasks, but it is Additive Flow’s product that stood out in terms of the functionality we needed for a holistic solution, especially in the context of our requirements across AME and multi-dimensional polymer, metal and ceramic AM. The acquisition will add considerable firepower to the ability of our customers to leverage our leading digital manufacturing solutions.”
About Nano Dimension
Nano Dimension’s vision is to transform existing electronics and mechanical manufacturing into Industry 4.0 environmentally friendly & economically efficient precision additive electronics and manufacturing – by delivering solutions that convert digital designs to electronic or mechanical devices - on demand, anytime, anywhere.Nano Dimension’s strategy is driven by the application of deep learning-based AI to drive improvements in manufacturing capabilities by using self-learning & self-improving systems, along with the management of a distributed manufacturing network via the cloud. Nano Dimension serves over 2,000 customers across vertical target markets such as aerospace & defense, advanced automotive, high-tech industrial, specialty medical technology, R&D and academia. The company designs and makes Additive Electronics and Additive Manufacturing 3D printing machines and consumable materials. Additive Electronics are manufacturing machines that enable the design and development of High-Performance-Electronic-Devices (Hi-PED®s). Additive Manufacturing includes manufacturing solutions for production of metal, ceramic, and specialty polymers-based applications - from millimeters to several centimeters in size with micron precision.
Globenewswire | August 04, 2023
Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, announced today the successful implementation of SAP as its new Cloud Enterprise Resource Planning (“ERP”) system, which marks a material milestone in advancing the Company’s organizational and operational effectiveness.
SAP, a globally recognized leader in ERP solutions, was selected by Nano Dimension after a thorough evaluation of various options available in the market. The decision to implement SAP, and specifically the “RISE with SAP” product, reflects Nano Dimension’s commitment to leveraging cutting-edge technology to optimize its business operations and provide superior service to its customers. This is an important step in any business’s prioritization to deliver better financial results and drive shareholder returns.
The implementation of RISE with SAP brings numerous benefits, including:
Enhanced operational efficiency by streamlining business processes across departments and automating routine tasks, driving increased productivity.
Improved data integration and centralized reporting by facilitating seamless data integration and enabling real-time access to accurate information, empowering faster decision-making and better resource allocation.
Enhanced customer experience by integrating with Salesforce customer relationship management (“CRM”) capabilities, leading to deeper insights into customer behavior and preferences.
Scalability and future-readiness by building a systems architecture that can adapt and grow with evolving business needs, meeting the needs of the organization as it continues its robust M&A program.
Zivi Nedivi, President of Nano Dimension, commented, “With the successful implementation of RISE with SAP, Nano Dimension looks forward to driving operational excellence, fostering innovation, and achieving new milestones in its industry. The Company remains committed to delivering exceptional value to its customers and stakeholders through the adoption of state-of-the-art cloud ERP technology. This can be done through increasing the top-line, but it should also be done with organizational and operations improvements, and this SAP integration is the foundation of that.”
About Nano Dimension
Nano Dimension’s vision is to transform existing electronics and mechanical manufacturing into Industry 4.0 environmentally friendly & economically efficient precision additive electronics and manufacturing – by delivering solutions that convert digital designs to electronic or mechanical devices - on demand, anytime, anywhere
Nano Dimension’s strategy is driven by the application of deep learning based AI to drive improvements in manufacturing capabilities by using self-learning & self-improving systems, along with the management of a distributed manufacturing network via the cloud.
Businesswire | August 18, 2023
Factbird established its first US office in mid-2022 with the vision of helping thousands of American facilities digitally transform. By making facilities more profitable through data, Factbird has helped customers save millions of dollars by reducing waste, identifying bottlenecks, and avoiding unnecessary IT projects. Among its current customers are top global pharmaceutical, food and beverage, and industrial solution companies, including Novo Nordisk, Grundfos, Danfoss, Royal Unibrew, and Bosch.
Data-driven operational excellence boosts productivity and global competitiveness
Factbird’s Manufacturing Intelligence Solutions combine plug-and-play hardware and cloud software. Regardless of the company’s size or the age of the machines in use, Factbird is quick to install and brings an immediate ROI. Data from manufacturing processes provides a goldmine of valuable information on how to operate more efficiently and profitably.
After implementing Factbird, management can check the factory overview daily, plant managers can track the order fulfillment, and the head of engineering can see which problems need the most attention. The data in the Factbird cloud can be as high level or as granular as users need.
Michael Borman, US Head of Sales and Country Manager at Factbird, says, “Labor shortages, global competition, and inflation are major challenges for facilities in the US. Process improvement is more important than ever, and Factbird makes this simple by presenting real-time data from any process in a way that immediately benefits everyone, helping operations produce more with less waste.”
A more digitalized, sustainable industry with productivity increases from day one
Factbird’s goal is to help manufacturers produce more using fewer resources, contributing to higher profitability and sustainability. Factbird is a proven solution where customers see a 22–25% increase in OEE (Overall Equipment Effectiveness) on average in their first year.
Additionally, Factbird costs as little as 10% to implement compared to similar solutions on the market, bringing massive returns to factories using Factbird’s powerful Manufacturing Intelligence Solutions.
A strong presence in the US for better accessibility and local advice
Factbird’s US arm, Factbird Inc., is based in Morristown, New Jersey, and is committed to supporting American manufacturing companies by boosting digitization as quickly and seamlessly as possible.
Salman Rehan, Senior Enterprise Account Manager at Factbird, says, “It’s an exciting time as we expand our client base from an already solid foundation. I’ve been in the industrial automation space for several years supporting manufacturers in digitalization, process improvement, and LEAN methodologies—essentially implementing Industry 4.0 initiatives. Our clients enjoy real-time visibility into performance, understanding reasons for variances in production, and attaining concrete improvements to their bottom line.”
Factbird is attending the 2023 Process Expo in Chicago
Michael Borman & the US team will be attending the Process Expo in Chicago, a global food equipment and technology show, from October 23–25. There, the US Factbird team will be ready to advise manufacturers on methods to improve their data capture processes, reduce waste, improve OEE, and increase profitability.
Factbird is a pioneering provider of Manufacturing Intelligence Solutions aimed at driving operational excellence. Our focus on data and factual insights empowers businesses to optimize operations, reduce downtime, and boost productivity. Leveraging cutting-edge technologies, Factbird delivers real-time insights and actionable intelligence.