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Mergers & Acquisitions

Wine is a Mocker (Jan Steen, 1663–64)

The Industrial Internet of Things: When the Party is Over

By | AR/VR, Artificial Intelligence and Machine Learning, Internet of Things, Manufacturing, Mergers & Acquisitions | No Comments

IoT Industry Snapshot and Predictions

The industrial Internet of Things community is finally beginning to sober up from the bacchanalia of counting connected IoT devices and terabytes of cloud data storage that has dominated the IoT narrative for too long.

IoT platform vendors and consultants are shifting their focus from the lower rung of the IoT technology stack that focuses on device connectivity to the other end of the stack, to technologies that provide meaningful business value: multidisciplinary data aggregation, complex data analytics and higher capacity for optimal decision-making.

Robust articulation of the business value of industrial IoT has been absent from much of the narrative, in the vein of “if you build it, they will come.” Many IoT platform vendors provide tools to draw snazzy dashboards, plot complex data graphs and display virtual gauges. But their data analytics tools are not as robust and trending and predictive capabilities are over optimistic. And the recent rush to add statistical analysis tools (often linear regression tools masqueraded as artificial intelligence and machine learning) will face real-world challenges of data biases, inconsistency and scale. Read More

The Great Wave off Kanagawa (Katsushika Hokusai, 1832)

Digital Disruption: Shaping the Future of the Auto Industry

By | Automotive, Mergers & Acquisitions, PLM | No Comments

Industry in Turmoil

Automakers have been keeping a steady pace of technology innovation and manufacturing excellence for over a century. Since the breakthrough of the highly efficient assembly line, auto manufacturers were in the forefront of engineering innovation, designing and building cars that were successively better, safer and cleaner. For many decades, the industry has been at the center of the US economic development, and, to many, an industrial and social icon.

But over the past decade or so, the iconic and seemingly stable industry has been in turmoil. It has been undergoing massive changes caused by the cumulative effect of rapid technology innovation, disruptive business models, aggressive new competitors, and an emerging supply chain ecosystem whose full impact is not fully comprehended yet.

One of the most profound changes the auto industry is grappling with is the emergence of connected and autonomous cars. Most industry visionaries and practitioners portray a bold vision of a future in which cars, occupants, and cloud-based information and control systems communicate and exchange information in the omnipresent Internet of Things cloud. Cars are becoming part of the Internet, or, in today’s parlance, they are yet additional, if unconventional, “things” in the Internet of Things (IoT). Read More

Aras Announces $40 Million Investment Led by Silver Lake

By | Mergers & Acquisitions, PLM | No Comments

Continuing its strong growth momentum over the past few years, Aras Corp. announced today it has raised $40 Million in a new round of funding from private equity firm Silver Lake Partners and GE Ventures

The funding will be used to expand Aras’s global growth and extend the company’s PLM technology, especially in offering customers comprehensive digital twin capabilities – the ability to create and manage a complete and exact digital replica of a physical product in operation. Aras technology will give Internet of Things (IoT) solution providers and users powerful configuration management tools to establish and manage IoT information in the context of detailed and up-to-date product configuration throughout the extended product life cycle: as designed, as built and installed, as maintained, and as operated.

Aras digital twin expansion strategy continues to build on the growth momentum in IoT services from cloud infrastructure providers such as Azure, AWS, Bluemix, and MindSphere, some of whom are already Aras partners.

At The Optometrist (Norman Rockwell, 1956)

OpenText Acquires Covisint: A Telltale of the IoT M&A Market

By | Automotive, Internet of Things, Mergers & Acquisitions | No Comments

In an announcement that failed to get headlines, OpenText, a Canadian enterprise information management (EIM) company,  recently disclosed it has entered into a definitive agreement to acquire Covisint Corporation, best known as the enterprise data interchange (EDI) company whose name nobody was sure how to pronounce.

Covisint was formed in 2000 by a consortium of automotive companies, including General Motors, Ford, and DaimlerChrysler. Over the years, the company expanded its EDI platform and services into the healthcare, oil and gas, government, and financial services markets. Read More

Transverse Line Kandisnky

LiveWorx 2016 – PTC’s Internet of Things Strategy

By | Internet of Things, Mergers & Acquisitions, Service Lifecycle Management (SLM) | One Comment

LiveWorx 2016

PTC’s LiveWorx, the annual event that demonstrates and affirms PTC’s commitment to the Industrial Internet of Things (IoT) space, concluded last week in Boston. It was larger and richer than the previous LiveWorx conference by far.

LiveWorx serves well to clarify PTC’s Industrial IoT strategy and to articulate the role of the various technology pavestones that form PTC’s elaborate IoT path. Not surprisingly, PTC’s CEO James Heppelmann’ keynote centered on IoT application to enhance equipment service and maintenance operations, as were systems demonstrated on the main stage by Caterpillar, Trane and Flowserve, although it was obvious that these were proofs of concept rather than deployed systems. As Mr. Heppelmann reiterated a cornerstone in PTC’s strategy: “service is the killer app of the industrial IoT”.
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