INTERNATIONAL NEWS

AI-powered quotes available via MakerVerse

MakerVerse, a platform for sourcing industrial parts, is releasinga new version of its AI-based automatic pricing technology. The latestversion enables precise and customisable auto-quotes for CNCmanufactured parts, taking into account full component specifications based on 2D drawings. Auto quoting is available for over 150 materials and 35 different surface finishes.

According to MakerVerse, the automatic pricing feature is the first of its kind due to its approach to extracting and analysing geometric metadata from 3D files and product manufacturing information (PMI) from traditional 2D technical drawings. This dual extraction process automatically configures all requirements, features and tolerances, saving time and manual errors. MakerVerse’s approach guarantees that the price reflects the exact specifications defined by the customer rather than using general tolerances and standards.

“By integrating advanced AI technologies, we can fully understand the part design and extract critical manufacturing information directly from customer files,” says Markus Seibold, CEO of MakerVerse. “This capability allows us to provide a price for the component exactly as defined by the customer, ensuring precision and consistency from design to delivery.”

Using the combined geometric and PMI data, MakerVerse’s CNC pricing engine generates a quote for the part in minutes.

“By automating the pricing process and leveraging detailed data extraction, we not only increase efficiency but also provide our customers with precision and reliability in their manufacturing processes,” states Manish Katoch, CTO of MakerVerse.

While the current system generates a price in minutes, MakerVerse is already working on reducing this process to seconds. This next innovation will enhance the user experience further by providing immediate pricing feedback, enabling faster decision-making and streamlined procurement processes.

More information www.makerverse.com

Vericut provides boost for major machining company

EMGE AŞ, a major machining company in Türkiye with more than 40 CNC machines on site, is now benefiting from the introduction of Vericut verification, simulation and optimisation software. This astute investment is helping the company to drive higher levels of efficiency and reliability in its extensive machining operations, which see the manufacture of around 1.5 million parts per annum from materials that include aluminium, steel, titanium and composites.

“After introducing 5S, Kaizen and lean production strategies, we decided to invest in Vericut as a means of reducing set-up times in our production processes,” explains Emre Uluhan, a mechanical engineer with responsibility for EMGE’s NC Programming Department. “This decision enables us to detect potential machining errors beforehand, simulate multiple operations in a single file, and execute them swiftly and reliably. Additionally, we can create specific simulation templates for new machines added to our inventory.”

Before Vericut, the process of simulating and verifying operations at EMGE was vastly different.

“We previously had to create separate simulation files for each operation, which led to inefficiencies due to the time required,” he says. “In contrast, using Vericut means we need just a single session to simulate programs of parts produced using multiple set-ups. Vericut operates so quickly and reliably that we observed an increase in our production efficiency from the very first moment of using it.”

EMGE reports a reduction in processing times for first article inspection (FAI) parts of 50% thanks to the confidence provided by Vericut simulations.

“I would recommend Vericut to any manufacturer that wants to prioritise machine efficiency, reduce part processing costs and avoid material wastage due to high material costs,” concludes Uluhan.

More information www.vericut.com

CGTech rebrands to Vericut

NC code simulation software developer CGTech is unveiling a new identity as it rebrands to Vericut, the name of its software and the name that best represents its legacy. “The transition to Vericut is more than a name change; it represents our vision for the future,” says Shin Voeks, president of CGTech. “We’re excited to continue our journey as Vericut, building on our legacy and pushing the boundaries of what’s possible in manufacturing technology.” The initial brand transition has begun with the US website and at select global events, with plans to continue the worldwide rollout over the coming months.

More information www.cgtech.com

Sumitomo invests in EEW Offshore Wind

Sumitomo Corporation last month reached an investment and business operation participation agreement with EEW Offshore Wind EU Holding, a Germany-based manufacturer of monopiles – large diameter steel pipes for the foundation of bottom-fixed offshore wind power generation. Completion is scheduled for the end of December 2024, subject to various legal and regulatory requirements. EEW’s strength is its mass production system enabled by sophisticated technology to bend steel plates over 100mm thick and advanced high-quality welding technology.

More information www.sumitomocorp.com

Strategic realignment at FFG

Machine tool manufacturer, the Fair Friend Group (FFG), has initiated a comprehensive strategic realignment to address the current global challenges in the machine tool industry and strengthen its competitive position. As part of this transformation, FFG has appointed Dr Sebastian Schöning as its new CEO.

Schöning, who holds a PhD in mechanical engineering, brings over 20 years of professional and management experience. Since 2021, he has served as the group’s COO and as the CEO of MAG IAS GmbH. In his new role, Schöning will spearhead global strategy development and lead the group’s operations. He will have support from Rong-Rong Liu, who has been appointed CFO and will be responsible for overseeing the group’s financial management.

More information https://ffg-ea.com