MOM

Keysight Introduces QuantumPro Delivering First Integrated EDA Workflow for Qubit Design

Retrieved on: 
Tuesday, February 27, 2024

Keysight Technologies, Inc. (NYSE: KEYS) introduces QuantumPro , the electronic design automation (EDA) industry’s first integrated electromagnetic (EM) design and simulation tool and workflow tailored for seamless creation of quantum computers based on superconducting qubits.

Key Points: 
  • Keysight Technologies, Inc. (NYSE: KEYS) introduces QuantumPro , the electronic design automation (EDA) industry’s first integrated electromagnetic (EM) design and simulation tool and workflow tailored for seamless creation of quantum computers based on superconducting qubits.
  • View the full release here: https://www.businesswire.com/news/home/20240227806272/en/
    EDA industry's first electromagnetic design environment for the seamless design of superconducting qubits.
  • Superconducting qubit development has typically required lengthy and expensive design cycles, along with the difficulty of navigating multiple point tools.
  • We selected Keysight QuantumPro because it provides a complete workflow from design entry through layout, analysis, and extraction.

Banneker Partners’ Portfolio Company Eyelit Technologies Acquires Optessa for Additional Efficiency and Scheduling Capabilities

Retrieved on: 
Thursday, February 22, 2024

Banneker Partners’ portfolio company Eyelit Technologies, a leader in Manufacturing Operations Management (MOM), Manufacturing Execution (MES), Quality Management (QMS) and Factory Automation solutions, has acquired Optessa to enhance its manufacturing optimization capabilities.

Key Points: 
  • Banneker Partners’ portfolio company Eyelit Technologies, a leader in Manufacturing Operations Management (MOM), Manufacturing Execution (MES), Quality Management (QMS) and Factory Automation solutions, has acquired Optessa to enhance its manufacturing optimization capabilities.
  • This acquisition will allow Eyelit to address the manufacturing industry’s critical need for closed-loop planning and execution across factory floors, including those in automotive, aerospace, medical device, and semiconductor manufacturing.
  • “Banneker Partners focuses on creating high-performing technology companies with sustained market share leadership, noteworthy innovation, and a strong commitment to customer satisfaction,” said Kenneth Frank, Operating Partner at Banneker Partners.
  • “While many companies in the manufacturing technology space talk about Industry 4.0 vision, every day Eyelit Technologies actually delivers these capabilities, helping manufacturers make remarkable progress in productivity, efficiency, and quality,” said Harjot Sachdeva, Operating Partner at Banneker Partners.

Eyelit Technologies Acquires Optessa Software

Retrieved on: 
Wednesday, February 21, 2024

Eyelit Technologies, a leader in Manufacturing Operations Management (MOM), Manufacturing Execution (MES), Quality Management (QMS), and Factory Automation solutions, has acquired Optessa, a pioneer in optimization and AI-powered advanced planning and scheduling software.

Key Points: 
  • Eyelit Technologies, a leader in Manufacturing Operations Management (MOM), Manufacturing Execution (MES), Quality Management (QMS), and Factory Automation solutions, has acquired Optessa, a pioneer in optimization and AI-powered advanced planning and scheduling software.
  • The acquisition extends Eyelit Technologies’ footprint into the automotive sector, where Optessa solutions are in use at four of the top 10 automotive original equipment manufacturers.
  • Optessa leverages optimization, AI, and machine learning to sequence millions of configuration options across complex, sophisticated assembly workflows, including those of automobiles.
  • “The promise of smarter manufacturing is to make operational gains that create sustained value beyond the factory floor,” said Joe Bellini, CEO of Eyelit Technologies.

Eyelit Technologies Appoints Joe Bellini as New Chief Executive Officer

Retrieved on: 
Thursday, January 25, 2024

Eyelit Technologies, a leader in Manufacturing Operations Management (MOM), Manufacturing Execution (MES), Quality Management (QMS), and Factory Automation solutions, has appointed Joe Bellini as its new CEO.

Key Points: 
  • Eyelit Technologies, a leader in Manufacturing Operations Management (MOM), Manufacturing Execution (MES), Quality Management (QMS), and Factory Automation solutions, has appointed Joe Bellini as its new CEO.
  • Bellini has deep expertise in manufacturing automation, product strategy, software engineering, and supply chain optimization, which stem from his previous roles at companies including GE, GM, HP, Oracle, i2 Technologies, and Brooks Automation.
  • I’m honored and excited to lead the company through its next wave of growth,” said Joe Bellini, CEO of Eyelit Technologies.
  • Backed by Banneker Partners, Eyelit Technologies has an annual growth rate of over 35%, becoming the world’s fastest-growing manufacturing software company.

Women-Owned Cannabis Dispensary Opens its Doors in Goleta

Retrieved on: 
Thursday, January 18, 2024

GOLETA, Calif., Jan. 18, 2024 /PRNewswire/ -- Megan's Organic Market , a wholesome cannabis storefront, has opened in Goleta, California at 5999 Hollister Ave.

Key Points: 
  • GOLETA, Calif., Jan. 18, 2024 /PRNewswire/ -- Megan's Organic Market , a wholesome cannabis storefront, has opened in Goleta, California at 5999 Hollister Ave.
  • The women-owned market has stocked shelves with a curated selection of over 60 high-quality cannabis brands at prices for all budgets.
  • "We are excited to welcome the Goleta community into our unique space where they can safely explore cannabis and embrace its benefits," said Megan Souza, CEO and co-founder at Megan's Organic Market.
  • The Central Coast's beloved cannabis storefront, started in San Luis Obispo and gained a loyal following for its approach unlike other cannabis dispensaries.

Market Leader iTAC Software Applauded by Frost & Sullivan for Improving Product Safety, Productivity, and Efficiency

Retrieved on: 
Monday, January 15, 2024

SAN ANTONIO, Jan. 15, 2024 /PRNewswire/ -- Frost & Sullivan recently assessed the MedTech and life sciences industry and, based on its findings, recognizes iTAC Software as the 2023 Global Company of the Year. The company is a communication technology and internet-enabled information provider for the manufacturing industry. It is part of the mechanical and plant engineering group Dürr and leads Germany's MOM/MES market. The company's holistic manufacturing operations management (MOM) solution, the iTAC.MOM.Suite, serves customers in various industry sectors from energy to electric mobility. iTAC Software offers a leading MOM solution with robust features and capabilities. iTAC Software's years of experience, continuous development, and constant monitoring of market trends enabled it to create software focused on usability and interface compatibility tailored to meet its customers' needs.

Key Points: 
  • SAN ANTONIO, Jan. 15, 2024 /PRNewswire/ -- Frost & Sullivan recently assessed the MedTech and life sciences industry and, based on its findings, recognizes iTAC Software as the 2023 Global Company of the Year.
  • It is part of the mechanical and plant engineering group Dürr and leads Germany's MOM/MES market.
  • "iTAC Software leads the market with its iTAC.MOM.Suite, offering the productivity and real-time management that customers require.
  • iTAC Software remains a trusted partner, earning a reputation for offering the overall best in the market," added Marcos Ainchil, best practices research analyst at Frost & Sullivan.

Market Leader iTAC Software Applauded by Frost & Sullivan for Improving Product Safety, Productivity, and Efficiency

Retrieved on: 
Monday, January 15, 2024

SAN ANTONIO, Jan. 15, 2024 /PRNewswire/ -- Frost & Sullivan recently assessed the MedTech and life sciences industry and, based on its findings, recognizes iTAC Software as the 2023 Global Company of the Year. The company is a communication technology and internet-enabled information provider for the manufacturing industry. It is part of the mechanical and plant engineering group Dürr and leads Germany's MOM/MES market. The company's holistic manufacturing operations management (MOM) solution, the iTAC.MOM.Suite, serves customers in various industry sectors from energy to electric mobility. iTAC Software offers a leading MOM solution with robust features and capabilities. iTAC Software's years of experience, continuous development, and constant monitoring of market trends enabled it to create software focused on usability and interface compatibility tailored to meet its customers' needs.

Key Points: 
  • SAN ANTONIO, Jan. 15, 2024 /PRNewswire/ -- Frost & Sullivan recently assessed the MedTech and life sciences industry and, based on its findings, recognizes iTAC Software as the 2023 Global Company of the Year.
  • It is part of the mechanical and plant engineering group Dürr and leads Germany's MOM/MES market.
  • "iTAC Software leads the market with its iTAC.MOM.Suite, offering the productivity and real-time management that customers require.
  • iTAC Software remains a trusted partner, earning a reputation for offering the overall best in the market," added Marcos Ainchil, best practices research analyst at Frost & Sullivan.

Parsec Automation Corp. Wins Gold in 11th Annual Best in Biz International Awards

Retrieved on: 
Wednesday, December 20, 2023

Parsec Automation Corp., a trailblazer in manufacturing operations management (MOM) software, has again been recognized by the Best in Biz International Awards , with TrakSYS taking home Gold in the Most Innovative Product of the Year – Enterprise category.

Key Points: 
  • Parsec Automation Corp., a trailblazer in manufacturing operations management (MOM) software, has again been recognized by the Best in Biz International Awards , with TrakSYS taking home Gold in the Most Innovative Product of the Year – Enterprise category.
  • This year’s Best in Biz International winners were chosen by an independent judging panel from publications around the globe.
  • “At Parsec, we are on a continuous mission to make the management of complex manufacturing operations as simple as possible,” said Parsec CEO Eddy Azad.
  • Established in 2011, the Best in Biz Awards has solidified its reputation as the premier independent business awards program.

Smart Manufacturing Market to grow by USD 20.26 billion from 2022 to 2027|APAC is estimated to account for 38% of the global market - Technavio

Retrieved on: 
Friday, November 17, 2023

NEW YORK, Nov. 16, 2023 /PRNewswire/ -- The smart manufacturing market size is estimated to grow by USD 20.26 billion from 2022 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Nov. 16, 2023 /PRNewswire/ -- The smart manufacturing market size is estimated to grow by USD 20.26 billion from 2022 to 2027, according to Technavio.
  • For instance, IIoT enables to integration of several smart machines for allowing companies to accomplish their desired goals in the manufacturing industry.
  • The manufacturing execution systems (MES) market size is estimated to grow at a CAGR of 11.07% between 2022 and 2027.
  • The Manufacturing Operations Management (MOM) Software Market size is estimated to grow at a CAGR of 12.03% between 2022 and 2027.

Smart Manufacturing Market to grow by USD 20.26 billion from 2022 to 2027|APAC is estimated to account for 38% of the global market - Technavio

Retrieved on: 
Thursday, November 9, 2023

NEW YORK, Nov. 8, 2023 /PRNewswire/ -- The smart manufacturing market size is estimated to grow by USD 20.26 billion from 2022 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Nov. 8, 2023 /PRNewswire/ -- The smart manufacturing market size is estimated to grow by USD 20.26 billion from 2022 to 2027, according to Technavio.
  • The growing adoption of IoT, cloud computing, and automation in the manufacturing sector is accountable for the APAC region being the largest regional smart manufacturing market.
  • The manufacturing execution systems (MES) market size is estimated to grow at a CAGR of 11.07% between 2022 and 2027.
  • The Manufacturing Operations Management (MOM) Software Market size is estimated to grow at a CAGR of 12.03% between 2022 and 2027.