The latest expansions and contractions - March 2017

Mar 20, 2017

OSIsoft and its predictive analytics partner, TrendMiner, reported Feb. 7 that they've signed an original equipment manufacturer (OEM) agreement to combine their technologies into a comprehensive solution. It's expected to maximize the value of their process data, accelerate digital transformation for Industrie 4.0 initiatives, and deliver self-service predictive analytics for users.

Bentley Systems and Siemens Energy Management Division announced an agreement Jan. 31 to jointly develop solutions to accelerate digitalization of planning, design, and operations for power utilities and industrial power customers. The first of the new offerings will integrate Bentley Systems’ utility design and geographic information systems (GIS) capabilities with Siemens’ Power System Simulation (PSS) Suite, and provide solutions for power transmission, power distribution, and industrial facilities. Combining these two platforms will give customers Bentley’s expertise in 3D infrastructure asset modeling and GIS with Siemens’ experience in energy system planning and simulation.

• To expand its digital industrial leadership, Siemens recently acquired Mentor Graphics for about $4.5 billion. Mentor Graphics produces design automation software ranging from integrated circuit (IC) and system-on-chip (SoC) designs to automotive electronics solutions. Siemens reports the acquisition will enable it to offer mechanical, thermal, electrical, electronic and embedded software design capabilities on one integrated platform.

Related: more industry expansions and contractions: 

• India-based L&T Technology Services reported Feb. 7 that it's establishing a power electronics, enterprise connection and motion control lab with Rockwell Automation, and leveraging its centers of excellence and power labs in Mumbai and Bengaluru in conjunction with marking its 10-year partnership with Rockwell Automation. L&T is a leading, global, pure-play engineering, research and development services company, offering design and development solutions through the entire product development chain.

Adaptive Wireless Solutions reported Feb. 6 that its Industrial Area Instrument (IAN) wireless sensor end nodes are industrial-standard, long-life-battery devices that report through a central controller to each user's wireless sensor network, and can be used to compute results (such as flow rate, efficiency etc.) from raw inputs. They allow eight times as many nodes on a WirelessHART network as previously possible, without changing gateway software and hardware.

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