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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.
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ETQ, part of Hexagon, introduces new features and functionality in the ETQ Reliance NXG quality management system to enhance flexibility and efficiency for customers in manufacturing sectors. The latest release includes real-time document collaboration with Microsoft 365, expanded data collection capabilities, and user interface enhancements for improved user experience.
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A new report from Hexagon highlights that manufacturers face significant challenges with data quality and availability, hindering the adoption of advanced technologies like digital twins, automation, and AI. The report reveals that 98% of manufacturers encounter data issues within their organizations, impacting workplace collaboration, productivity, and innovation. Nearly 40% of manufacturers risk falling behind due to lagging automation practices.
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Hexagon's Manufacturing Intelligence division has announced the winners of its third 'Sixth Sense' cohort, Flexxbotics and Zaptic, who will receive resources for global expansion and be showcased on Hexagon's cloud-based digital reality platform. The program aims to identify emerging innovations and provide a platform for high-growth startups, granting them access to resources and customers typically beyond reach at this stage of their development.
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GelSight and Hexagon have entered into a global partnership agreement to promote and sell GelSight’s tactile sensing products and future integrated products to the market. The partnership will accelerate the time to market for future products that offer more complete solutions to manufacturing issues. Hexagon’s metrology technologies will complement GelSight’s digital touch technology, offering unique solutions for manufacturing and surface inspection challenges. The partnership also unlocks new applications that digitize manual inspection processes. GelSight CEO will be featured as a speaker at Hexagon’s Sixth Sense event to share about the powerful partnership.
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ETQ, part of Hexagon, achieved significant growth in Q4 2023, expanding its customer base globally. New partnerships with Augmentir and Infor strengthen its connected worker strategy. The company was recognized with industry awards and participated in major industry events, showcasing its leading cloud-native solution, ETQ Reliance® NXG.
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ARound (NASDAQ: STGW) collaborates with Immersal to develop a turn-key WebAR solution for stadium AR, aiming to enhance fan engagement and create new avenues for brands to connect with audiences. The partnership marks a significant milestone in bringing innovative AR experiences to live sports and entertainment, with plans to announce their inaugural collaboration with a major sports league next month.
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Hexagon's Manufacturing Intelligence division (HEX) has partnered with JSOL Corporation to accelerate virtual prototyping of electrified powertrains through multi-physics simulation. This strategic collaboration aims to address the rapid electrification of industries like automotive and aerospace transport, offering comprehensive simulation solutions for system design problems in the virtual world.
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Infor® (INF) partners with ETQ to enhance quality management and environmental, health, and safety solutions for various industries. ETQ Reliance offers QMS and EHS applications, while Infor CloudSuite manages product and quality specifications, inspections, and track & trace capabilities.
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Dodge Construction Network and Projectmates reveal that 61% of owners using PMIS for most of their capital management activities experience improved cost predictability. The report emphasizes the benefits of expanding the use of PMIS, including better informed decisions (74% vs 39%), improved design solutions (67% vs 31%), and the ability to mitigate design and construction risks (51% vs 30%). Strategic approach to PMIS is crucial for success, with centralized expertise yielding the strongest results in document and schedule management.
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Hexagon's Manufacturing Intelligence division has released Nexus Connected Worker, a suite of manufacturing software solutions that connects workers to real-time data for actionable insights and reporting. The suite offers enterprise-system integration, digital representations of assets, processes, and production facilities, and the ability to correct course using guidance from shopfloor data. Nexus Connected Worker has been shown to increase the productivity of a manufacturing operation by more than 20% on average. The suite empowers businesses to transform processes such as downtime management and final product quality inspection. The mobile-first applications can be easily accessed from the shop floor and tailored to meet specific needs across industries.
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FAQ
What is Hexagon AB?
Hexagon AB is a global leader in digital reality solutions, integrating sensors, software, and autonomous technologies across various industries.
What recent partnerships has Hexagon announced?
Hexagon has announced partnerships with Infor for enhanced quality management systems and ARound for augmented reality experiences in sports.
What new features are available in ETQ Reliance?
New features include real-time document collaboration with Microsoft 365 and secure data collection via Depositor User Access.
Who are some of Hexagon's latest customers?
Recent customers include Dart Container, PPG Industries, Hamilton Medical, and Tenneco.
What is the Sixth Sense program?
Sixth Sense is Hexagon's innovation program that supports startups with cutting-edge solutions in the manufacturing industry.
How does Hexagon support digital transformation?
Hexagon provides integrated solutions that enhance productivity, efficiency, and safety, helping industries digitally transform their operations.
How many employees does Hexagon have?
Hexagon employs over 24,000 people across 50 countries.
What are Hexagon's main areas of focus?
Hexagon focuses on manufacturing, public sector, and mobility applications, providing solutions to boost efficiency and quality.
Where can I learn more about Hexagon's products and services?
You can learn more about Hexagon's offerings at their official website, hexagon.com.
What industries does Hexagon serve?
Hexagon serves a wide range of industries, including aerospace, automotive, life sciences, food and beverage, and more.
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