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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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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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ETQ, part of Hexagon, experienced accelerated growth and momentum in Q3 2023. The company expanded its customer base, added new functionality to its ETQ Reliance® NXG quality management system, and formed strategic partnerships. ETQ also gained industry recognition and presented at key industry events.
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ETQ and Augmentir have launched the ETQ Reliance Connected Worker solution, integrating ETQ's quality management system with Augmentir's connected worker platform. This partnership aims to provide a holistic connected worker quality solution for manufacturing environments.
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ETQ recognizes National Manufacturing Day 2023
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ETQ, part of Hexagon, has launched a new version of its ETQ Reliance NXG quality management system, with enhanced user interface design and new functionality. The new capabilities aim to strengthen usability and performance for administrators and designers, as well as boost the user experience for end-users.
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Hexagon's Manufacturing Intelligence division selects nine manufacturing startups for its third Sixth Sense cohort, focusing on sustainability and digital reality.
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Lotus Clinical Research joins ETQ's roster of life sciences firms using Reliance QMS for enterprise-wide quality management program.
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ETQ receives NextGen Digital Transformation Award for its work with Trane Technologies
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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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