Magsoft, Schneider join forces
Magsoft Corp. has entered into a partnership agreement with Schneider Electric. Both companies have worked together closely for more than 15 years.
Magsoft's flagship product is Flux, which is general purpose Computer-Aided Engineering [CAE] simulation software that allows users to virtually prototype electromagnetic or electro-mechanical devices. Flux will be the global standard for Schneider Electric's electromagnetic analysis. Schneider Electric will have unlimited access to the Flux technology, and according to Claude Ricaud, Senior VP of Science and Technology “Sharing R&D efforts seamlessly between our centers all over the world will increase our R&D efficiency and responsiveness. This co-design capability will also give us stronger innovation potential."
"We too are very excited about this new partnership, and it will certainly be a strong catalyst for sustaining our future software development efforts. One major goal that we have is to provide the building blocks necessary to couple to complementary tools available in the marketplace thus improving connectivity and interoperability. Multi-physics transient simulation solutions are now a must for improving the energy efficiency of devices. We can certainly see this on the horizon," said Philippe Wendling, VP of Magsoft Corp.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey