Software

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AI to guide cutting tool selection in the future

Epicor VP on ERP software trends

Epicor Software VP of Portfolio Marketing - Manufacturing Terri Hiskey shared insights on how she believes ERP software will evolve in response to manufacturing trends such as the Internet of Things and increased use of robotics and automation. Artificial intelligence and advanced analytics will transform ERP, she writes at ETCIO.com's Tech Talk blog: "The smart factory and Industry 4.0 will give ERP systems a new lease of life, making the ERP systems of yesterday unrecognizable."

Hexagon to acquire MSC Software for $834 million

Sweden-based information technologies provider Hexagon AB has announced an agreement to acquire MSC Software Corp., the Newport Beach, Calif. based provider of computer-aided engineering solutions such as simulation software. The agreed-upon purchase price is $834 million. The acquisition is subject to clearance and standard regulatory filings and is expected to be complete in April of 2017.