-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueBox Build
One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
IPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
Boost Your Sales
Every part of your business can be evaluated as a process, including your sales funnel. Optimizing your selling process requires a coordinated effort between marketing and sales. In this issue, industry experts in marketing and sales offer their best advice on how to boost your sales efforts.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
Critical Manufacturing Posts Growth in Revenue and MES Orders
February 19, 2019 | Critical ManufacturingEstimated reading time: 2 minutes
Critical Manufacturing, a leading developer of innovative, future-ready manufacturing execution system (MES) software, has announced 2018 end-of-year results, achieving 40% revenue growth and a remarkable 65% growth in product orders year over year. Its exceptional performance reflects the readiness of high-tech industries to adopt the huge benefits offered through Industry 4.0 (I4.0), smart factory technology.
Francisco Almada Lobo, CEO of Critical Manufacturing, said, “The manufacturing landscape is undergoing significant changes and our MES is an essential element of our customers smart manufacturing strategy. The readiness of our MES for I4.0 makes it a compelling choice which is highly appealing to businesses. It is designed to provide them with a firm foundation and pathway to the huge benefits a smart factory offers in terms of greater efficiency, agility, and increased competitive edge.”
The Critical Manufacturing MES has seen great success and growth in its core market segments of electronics, front and back-end semiconductor and medical device manufacturing. The recent strategic investment in the business by ASMPT, the world’s largest hardware and software supplier to the electronics manufacturing industry, has further increased Critical Manufacturing’s global reach and financial strength.
Almada Lobo continued, “This is a very exciting time for us. Our orders increase means we are already on track for an exceptional 2019 and now, with the investment from ASMPT, we expect our growth and results going forward to be even stronger. We have also invested in our partner network, which is increasing our representation across adjacent industries such as automotive and aerospace. In response to the huge success we experienced last year, we increased our employee count by 30% in 2018 and will continue our expansion in all areas in 2019.”
Critical Manufacturing MES is designed from the ground up to be future ready and help businesses reach the full potential of I4.0. The modular system has a wide range of features to match specific customer requirements, is completely flexible and configurable to reduce total cost of ownership, and has advanced I4.0 capability. It offers a complete digital twin of a plant with 3D visualization. It provides decentralized logic to connect with the Internet of Things (IoT) and to seamlessly handle dynamic processing as associated with a smart factory.
Almada Lobo concluded, “Our MES is optimized for global, multi-site manufacturers, an area in which we have had a great deal of success during 2018. We will continue to focus and grow capabilities in our strategic markets and work with our partners to serve new business in adjacent sectors. The unique design and ultimate flexibility of our MES makes it a solid choice to increase efficiency, quality and agility in complex discrete manufacturing industries. It gives businesses the tools they need to meet changing customer demands and compete in the future.”
About Critical Manufacturing
Critical Manufacturing provides the most modern, flexible and configurable manufacturing execution system (MES) available. Critical Manufacturing MES helps manufacturers stay ahead of stringent product traceability and compliance requirements; reduce risk with inherent closed-loop quality; integrate seamlessly with enterprise systems and factory automation; and provide deep intelligence and visibility of global production operations.
As a result, our customers are Industry 4.0 ready. They can compete effectively and profitably by easily adapting their operations to changes in demand, opportunity or requirements, anywhere, at any time.
Suggested Items
GlobalFoundries Commits to Achieving Net Zero Emissions and Carbon-Neutral Power by 2050
04/23/2024 | GlobalFoundriesGlobalFoundries (GF) is furthering its commitment to sustainable operations and fighting climate change with the announcement of two new long-term goals to achieve net-zero greenhouse gas (GHG) emissions and 100% carbon-neutral power by 2050.
ROHM Group Company SiCrystal and STMicroelectronics Expand Silicon Carbide Wafer Supply Agreement
04/23/2024 | ROHMROHM and STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, announced today the expansion of the existing multi-year, long-term 150mm silicon carbide (SiC) substrate wafers supply agreement with SiCrystal, a ROHM group company.
IDTechEx Report Unveils 3D Electronics Status and Opportunities
04/22/2024 | PRNewswire3D electronics is an emerging manufacturing approach that enables electronics to be integrated within or onto the surface of objects. 3D electronic manufacturing techniques empower new features, including mass customizability, greater integration, and improved sustainability in the electronics industry.
Altus Group Helps BitBox Unlock Productivity and Efficiency Gains with New Reflow Oven
04/22/2024 | Altus GroupAltus Group, a leading provider of capital equipment, has recently assisted BitBox, a UK-based electronics design, engineering and manufacturing company in upgrading its operations with the implementation of a new reflow oven from Heller Industries.
Growth Potential: Electronics Manufacturing Driving Massive Surge in Manufacturing Investment
04/22/2024 | Shawn DuBravac, IPCIn the early months of the pandemic, investment in manufacturing infrastructure, such as plants and production facilities, declined sharply. Real investment dropped over 11%, before finally recovering to pre-pandemic levels in the first half of 2022. Over the past two years, however, several factors have combined to drive manufacturing investment to record levels.