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Hexagon AB (Nasdaq Stockholm: HEXA B) is a global leader in digital reality solutions, integrating sensors, software, and autonomous technologies. The company employs over 24,000 people across 50 countries, generating net sales of approximately 5.4 billion EUR. Hexagon's core business revolves around providing innovative solutions that boost efficiency, productivity, quality, and safety across various industries, including manufacturing, public sector, and mobility applications.
Hexagon's latest news highlights key developments and strategic partnerships that underscore its industry significance:
- Infor Partnership: Hexagon's ETQ formed a strategic alliance with Infor to enhance quality management systems in sectors like food and beverage, life sciences, and distribution. This collaboration aims to provide comprehensive quality management and environmental health solutions.
- Augmented Reality in Sports: Hexagon's Immersal partnered with ARound to revolutionize fan engagement in sports using augmented reality, creating immersive experiences for event attendees.
- ETQ's Market Growth: ETQ, part of Hexagon, reported significant growth in customer base and functionality enhancements in their cloud-native QMS, ETQ Reliance.
- Sixth Sense Cohort Winners: Flexxbotics and Zaptic were awarded winners in Hexagon's innovation program aimed at advancing automation and productivity in manufacturing.
- Product Updates: New features in ETQ Reliance include real-time document collaboration with Microsoft 365 and secure data collection via Depositor User Access, enhancing user experience and operational efficiency.
Hexagon's commitment to innovation and quality is evident through continuous product improvements and strategic initiatives. The company's broad spectrum of solutions empowers industries to achieve digital transformation and operational excellence. For more information, visit hexagon.com and follow @HexagonAB.
ETQ, part of Hexagon, achieved significant milestones in Q2 2024, reinforcing its leadership in the quality management system (QMS) market. Key highlights include:
1. Recognition: Named 'Overall Leader' among QMS suppliers by ABI Research.
2. Customer Growth: Added several new enterprise customers globally and expanded existing customer usage of ETQ Reliance®.
3. Industry Participation: Hosted the ETQ EU Summit and participated in major industry events like ASQ WCQI and Quality Show South.
4. Thought Leadership: ETQ executives shared insights at conferences and through industry publications.
These achievements demonstrate ETQ's commitment to innovation and customer satisfaction in the quality management landscape.
ETQ, part of Hexagon, showed significant growth in the first quarter of 2024 with the addition of new enterprise customers in various sectors and the expansion of its cloud-based QMS, ETQ Reliance NXG. The company is focused on helping manufacturers reduce product recalls, enhance operational efficiency, and comply with quality standards.
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