ThinkIQ Announces the Release of ThinkIQ Vision Following the Integration of Atollogy Technology and the Team

ThinkIQ | March 02, 2022

ThinkIQ Announces the Release of ThinkIQ
On March 1, ThinkIQ, a pioneer of continuous intelligence across the material-centric supply chain, announced the availability of ThinkIQ Vision, which builds on its integration with Atollogy's technology for easy-to-deploy, non-intrusive Industry 4.0 solutions.

Atollogy was a forward-thinking software company dedicated to making operational excellence simple and accessible to businesses of all shapes and sizes. Their patented algorithms and artificial intelligence skills have transformed the way businesses operate by automatically digitizing the physical environment and transforming it into valuable business information. Atollogy's platform automatically and continuously monitors physical assets, operators, materials, operational states, and safety processes in many industrial facilities using cameras and other non-traditional sensors. These data points are then turned into insights for managing and optimizing operations.

Manufacturers today want a new degree of information that enables revolutionary decision-making throughout the manufacturing process and supply chain. Integrating Atollogy's technology into the ThinkIQ suite of solutions enhances a manufacturer's visibility into its operations and speeds the effectiveness with which people and systems respond to rapidly changing situations.

"ThinkIQ is truly excited to add Atollogy's software capabilities to our growing portfolio of smart manufacturing solutions, This additional technology brings a powerful new set of edge deployment options for sensors, networks, and computers that ThinkIQ can bring to all our customers. We're thrilled to welcome the Atollogy team to the ThinkIQ family as we work together to enhance our Continuous Intelligence platform."

-Doug Lawson, CEO of ThinkIQ.

Joining forces with ThinkIQ gives us the ability to share our technology with more organizations across the globe," said Rob Schoenthaler, Founder and CEO of Atollogy. We share a vision to accelerate innovation, and together we will be able to help manufacturers and their supply chain partners improve their operations. We're proud of what we've accomplished through our employees' and partners' contributions, and are very excited about this next chapter.

"Constant supply chain disruption has made end-to-end visibility and continuous intelligence – from raw materials to the factory floor – even more important,By integrating Atollogy's technology into the ThinkIQ suite of solutions, manufacturers will be able to further extend their continuous intelligence insights across the supply chain in a way that is much simpler and more cost-effective than existing alternatives."

-John Dyck, CEO of CESMII, The Smart Manufacturing Institute

ThinkIQ is the market's first platform-based continuous intelligence solution. It can be operationalized at various levels, including supply chain, product quality, process improvement, and any time-sensitive process that benefits from responding to what is happening in real-time throughout the manufacturing process. Analytics is integrated directly into operational processes, which can perform or initiate actions in response to particular circumstances being met. This includes everything from time-sensitive warnings that direct staff to the appropriate course of action to completely automated procedures that initiate downstream activities without human participation.


Assembly line, transmission being attached to engine, marriage of engine and body, attaching the mother of pearl strips, employees polishing.


Assembly line, transmission being attached to engine, marriage of engine and body, attaching the mother of pearl strips, employees polishing.

Related News

Nortech Systems Announces Completion of Sale and Leaseback Transactions for Manufacturing facilities

Nortech Systems | August 31, 2020

Nortech Systems Incorporated, a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, announced that it has completed the sale and leaseback transactions for its manufacturing facilities in Bemidji and Mankato, Minnesota at a sale price of $6.3 million. The proceeds from the sale will be used to pay down debt as well as related expenses and taxes. Concurrent with the closing on the sale, Nortech entered into long-term lease agreements for the Bemidji and Mankato, Minnesota facilities for an initial 15-year term, with multiple renewal options. "We are pleased with the successful execution of this sale and leaseback transaction which generated significant net cash proceeds. Following the debt repayment, Nortech’s balance sheet and working capital is positioned for investments in capital equipment and strategic initiatives," stated Jay D. Miller, Chief Executive Officer and President.

Read More

53% of manufacturing organisations say that cyber attacks are vulnerable to operational technology.

prnewswire | November 17, 2020

TrapX Security, the worldwide pioneer in Deception-based digital guard arrangements, has today delivered discoveries of an exploration review in organization with the Enterprise Strategy Group (ESG). The overview asked 150 digital and IT experts legitimately associated with security methodology, control and activities inside assembling associations about their current and future concerns. The exploration discoveries highlight an industry whose security groups are seeing the data innovation (IT) and operational innovation (OT) conditions meeting at a fast movement. However fabricating associations are battling to shield OT resources as they are utilizing similar devices to defend their IT framework as they are for OT. Therefore, IT groups can't stay aware of developing volumes of security information or the expanding number of security alarms. They do not have the correct degree of perceivability and danger insight examination and don't have the correct staff and abilities to deal with the cybersecurity outstanding task at hand. Subsequently, business tasks are being disturbed and digital danger is expanding as the greater part of the assembling associations studied have encountered some kind of cybersecurity episode on their OT frameworks over the most recent a year taking weeks or months to remediate. IT and OT Convergence Best Practice for Manufacturers Assembling associations have enormous and developing interests in IT and OT innovation, helping them accomplish more spry business measures. As the exploration uncovers, IT and OT mix is quick turning into a best practice. Almost half (49%) of associations state that IT and OT framework are firmly coordinated while another 45% case that there is some reconciliation. This reconciliation will just increment as 77% of respondents expect further IT and OT framework intermingling later on. Nonetheless, just 41% percent of associations utilize an IT security group with committed OT authorities, while 32% depend on their IT security group alone to ensure OT resources. 58% use network innovation strategies like IP reaches, VLANs, or microsegmentation to section IT and OT network traffic. Just about one-quarter (24%) of associations basically utilize one regular organization for IT and OT interchanges, diminishing the perceivability and reaction needed for OT-centered assaults. Regular devices and staff may bode well, however conveying a plenty of IT security advances to get ready for the particular dangers of OT leaves IT groups ill-equipped and powerless against assault. As outlined through this exploration, IT groups are consistently overpowered by the developing volumes of security information, perceivability holes, and an absence of staff and aptitudes. Groups Overwhelmed by Volumes of Security Data Security groups are tested by the developing volumes of security information, and the expanding number of security cautions. 53% accept that their security tasks outstanding burden surpasses staff limit. furthermore, 37% conceded they should improve their capacity to change security controls. The greater part of studied associations (58%) concurred that danger location and reaction has developed more troublesome. When requested to give extra detail on the particular idea of that developing unpredictability, almost half (45%) state they are gathering and preparing greater security telemetry and 43% state that the volume of security alarms has expanded. Makers are as yet working in obscurity however with simply under half (44%) refering to developing and changing dangers as making danger location and reaction more troublesome, especially evident as danger entertainers exploit the "mist" of COVID-19. "The research illustrates a potentially dangerous imbalance between existing security controls and staff capabilities, and a need for more specialized and effective safeguards," said Jon Oltsik, ESG Senior Principal Analyst and Fellow. "Manufacturing organizations are consolidating their IT and OT environments to achieve economies of scale and enable new types of business processes. Unfortunately, this advancement carries the growing risk of disruptive cyber-attacks. While organizations have deployed numerous technologies for threat detection and response, the data indicates that they are overwhelmed by growing volumes of security data, visibility gaps, and a lack of staff and skills. Since they can't address these challenges with more tools or staff, CISOs really need to seek out more creative approaches for threat detection and response." OT Is the New Threat Vector As the IT/OT assault surface develops, security groups are spread more slender as they attempt to stay up with activities undertakings, for example, danger location, examination, episode reaction, and danger moderation. 53% concurred that their association's OT framework is powerless against some kind of digital assault, while a similar number expressed that they had just endured some sort of digital assault or other security episode in the last 12 two years that affected their OT foundation. At the point when approached what amount of time it commonly requires for their firm to recuperate from a digital assault, 47% of respondents said between multi week and one month, bringing about huge and conceivably exorbitant vacation for basic frameworks. Assembling associations come up short on the perceivability required for powerful danger recognition and reaction – particularly with respect to OT resources. Therefore, extra security multifaceted nature is unsuitable – any new speculations they make must assist them with disentangling security measures and get more out of existing devices and staff. 37% said they should improve their capacity to see vindictive OT action, 36% state they should improve their capacity to comprehend OT-centered danger knowledge and 35% accept they should improve their capacity to viably fix weak OT resources. 44% of respondents featured Deception innovation's important part in assisting with danger research (44%), and 56% said that Deception innovation can be utilized for danger discovery purposes. The greater part of the assembling associations (55%) studied use Deception innovation today, yet 44% have not made the association between Deception innovation and expanded assault perceivability. "This exploration shows that assembling associations are encountering genuine difficulties with regards to danger discovery and reaction, especially for specific OT resources that are basic for business tasks," said Ori Bach, CEO of TrapX Security. "This information, and our own experience working with trend-setters in all areas of assembling, exhibit there is a reasonable requirement for arrangements like Deception, which can improve digital guards and diminish vacation without the need to introduce specialists or upset existing security frameworks and activities." "This research shows that manufacturing organizations are experiencing real challenges when it comes to threat detection and response, particularly for specialized OT assets that are critical for business operations," said Ori Bach, CEO of TrapX Security. "This data, and our own experience working with innovators in all sectors of manufacturing, demonstrate there is a clear need for solutions like Deception, which can improve cyber defenses and reduce downtime without the need to install agents or disrupt existing security systems and operations." For additional experiences into the discoveries, download the full white paper, composed by Jon Oltsik, ESG Senior Principal Analyst. About TrapX Security TrapX Security is a pioneer and global leader in cyber Deception technology TrapX DeceptionGrid rapidly detects, deceives, and defeats advanced real-time cyber-attacks and human attackers in real-time. The DeceptionGrid provides automated, highly accurate insight into malicious activity unseen by other forms of cybersecurity. By deploying DeceptionGrid, users can create proactive security to fundamentally halt the progression of an attack. This strategy shifts the economics of cyberattacks to cost the attacker instead of the victim. TrapX Research Labs clients include several Forbes Fortune 500 commercial and government customers worldwide. Sectors include defense, healthcare, finance, energy, consumer products, and other key industries.

Read More


3d systems Plans To add extrusion technology with the Titan additive LLC acquisition

3d systems | February 25, 2022

On February 23, 3D Systems announced the acquisition of Titan Additive LLC (Titan Robotics), a Colorado-based designer and maker of large-format industrial 3D printers. Titan Robotics, as the world leader in pellet-based polymer extrusion additive manufacturing (AM) technology and the only manufacturer offering hybrid tool head configurations, delivers solutions to its clients by building application-specific processes utilizing Titan's proprietary AM technology. Through this purchase, 3D Systems will strengthen and broaden its range of polymer additive manufacturing solutions to target new applications in foundries, consumer goods, service bureaus, transportation and motorsports, aerospace and defense, and general manufacturing. "As the leading additive manufacturing solutions partner across industrial and healthcare markets, 3D Systems is committed to meeting the widest possible range of our customers’ AM production needs, With the addition of Titan Robotics’ unique extrusion technology, we will be able to address our customers’ needs for large build volumes, superior performance, and improved productivity at a significantly lower cost. Through the innovative modular approach of their printers and the ability to use both pellet and filament product forms in an open architecture with widely available production polymer systems, we believe the adoption rate of industrial 3D printing will continue to accelerate. By combining the engineering and applications expertise of Titan Robotics with the global reach of 3D Systems’ sales, service, and applications teams, we are well-positioned to support our customers across the full range of our markets." -Dr. Jeffrey Graves, president, and CEO, 3D Systems. Titan Robotics is the only manufacturer that offers hybrid tool heads with pellet extrusion, filament extrusion, and a spindle tool head for precise finishing. These adjustable systems provide the user with significant freedom in selecting the optimal combination of formats for their application. The resulting solutions can deliver large, industrial parts using heated build platforms and chambers that scale from 30" x 30" x 45" to as large as 50" x 50" x 72", with print speeds up to 30,000 mm per minute. In addition, as the customer's needs change in the future, the Titan system can be easily expanded to include more materials and products that best meet their performance and cost goals. Titan Robotics is thrilled to become part of the world-class organization at 3D Systems. Titan’s leadership team of Clay Guillory, Bill Macy, Maddie Guillory, and I are committed to continuing Titan’s mission of changing the traditional manufacturing landscape with production additive manufacturing solutions," said Rahul Kasat, CEO, Titan Additive LLC. In addition, people at 3D Systems are excited about the synergies this acquisition will bring to a wide range of manufacturing industries, as pellet-based extrusion and hybrid manufacturing systems become the new standard for production applications. Pellet-fed directly 3D printing enables a diverse range of material alternatives, with hundreds of commercially available formulas ranging from low durometer (soft) to high performance and densely filled resins, such as those with high carbon and glass fiber content. This enables clients to pick the optimal material for their application and achieve up to a 75% cost reduction. In addition, these technologies are appropriate for a range of applications because of their mix of rapid manufacturing, short cycle times, and lower prices. Casting in sand Thermoforming, vacuum forming, sheet metal forming, and composite tooling are all examples of tooling. Fixtures and jigs for assembly and manufacturing End-use parts applications include those that require an alternative to injection molding and those that demand high temperatures, such as air ducts, underhood, brackets, and structural components. Reynolds Advisory Partners represented Titan Robotics in this transaction. 3D Systems anticipates that the acquisition will conclude in April 2022. The firm will discuss this expansion investment in further detail at its future earnings call on Monday, February 28, 2022, at 4:30 p.m. Eastern Time. Please check the company's website for more information. *Certain statements in this release that are not historical or current facts are forward-looking statements under the Private Securities Litigation Reform Act of 1995.

Read More