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About Frost & Sullivan

Frost & Sullivan is a business consulting firm involved in market research and analysis, growth strategy consulting, and corporate training across multiple industries.

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San Antonio, Texas,

United States

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IMTS 2022 Conference: Attract & Retain to Sustain Manufacturing

Aug 12, 2022

GIE Media’s Manufacturing Group IMTS 2022 Conference: Attract & Retain to Sustain Manufacturing Discuss the best ways to recruit and retain employees. August 12, 2022 About the presentation In the ever-changing landscape of workforce development, companies need to implement best practices in their attraction and retention strategies to become an employer of choice. We’ll discuss all the generations comprising the current workforce and how we need to leverage their key characteristics, implement new learning, develop programs aligning with the way different generations learn, and rethink policies with the goal not only attract, but also retain these generations. Registration Powered by AMT and managed by GIE Media,  The IMTS 2022 Conference  features 69 different sessions you won’t want to miss so  register today . Focused on a range of topics that include process innovation, plant operations, quality/inspection, and automation,  The IMTS 2022 Conference  addresses improving productivity; improving part quality; and developing a stable, competent workforce to lower the cost of manufacturing in the United States and create new levels of market demand. Meet your presenter Denise Ball is a workforce development specialist for Tooling U-SME. She served as a practitioner of best-in-class learning and development techniques for the manufacturing industry for more than 25 years. Her extensive background in workforce development includes hands-on experience in manufacturing as she assisted her family in running a small machine shop for several years. For the past 10 years, she’s guided the implementation of workforce education and skills training into corporations across the globe to help develop their employees with success, as well as facilitated workshops on best practices and various webinars. She resides in Ohio. About the company Tooling U-SME delivers versatile, competency-based learning and development solutions to the manufacturing community. Tooling U-SME partners with customers to build high performers who help their companies drive quality, profitability, productivity, innovation, and employee satisfaction. Working directly with hundreds of high schools, communities, technical colleges, and universities, Tooling U-SME is able to help prepare the next-generation workforce by providing industry-driven curriculum. Desktop Metal has expanded its relationship with CNC software innovator  SolidCAM , creator of iMachining toolpath technology. SolidCAM, founded in 1984, has offered Desktop Metal products in Germany since 2021. Now, it will offer Desktop Metal solutions for direct printing of metal to customers in the United States, where SolidCAM has technology centers at its US headquarters in Newton, Pennsylvania, and Rancho Cucamonga, California, as well as the United Kingdom, Israel, and India. New CNC + AM Center of Excellence showrooms are being completed in Pennsylvania, Germany, and the UK to demonstrate how Desktop Metal’s AM 2.0 solutions complement traditional subtractive machining technology and workflows. Additional facilities are slated for completion in California, Israel, and India. “The Desktop Metal team is delighted to announce an expansion of our relationship with SolidCAM, a brand that is long trusted by machinists worldwide,” said Ric Fulop, founder and CEO of Desktop Metal. “This expanded partnership means that more CNC professionals will learn how easy it is to 3D print and sinter complex designs on our Studio System and Shop System metal AM offerings, freeing up capacity on CNC equipment, as well as machinist’s time. Additive manufacturing technology is truly complementary to machining, and we’re eager to deliver that message to the market in partnership with SolidCAM.” “Our Schramberg Technology Center has already added a Desktop Metal Studio System to its current CNC machines, and we’re in the process of adding more Studio System and Shop System printers to our facilities worldwide so we can demonstrate how this additive manufacturing technology is complementary to CNC machining equipment,” said Dr. Emil Somekh, founder and CEO of SolidCAM. “The growing impact of additive manufacturing has been well documented. During the COVID-19 epidemic, 3D printing played a critical role in repairing vulnerabilities in supply chains, especially in the medical sector, and we think it can help improve the throughput of supply chains that remain challenged today.” SolidCAM will be showcasing Desktop Metal equipment and solutions at IMTS 2022 (booth 134502). Desktop Metal will be showcasing its metal, polymer, and digital metal casting Additive Manufacturing 2.0 solutions at IMTS 2022 (booth 433103 and booth 432212) as well. About the presentation There are a multitude of considerations when choosing the right metrology system, such as an optical comparator or a multi-sensor vision system. Following some straight-forward guidelines for selecting a system will serve machinists and quality control (QC) inspectors well. It’ll also help avoid making costly procurement mistakes. Primary factors include examining budget, application requirements such as accuracy and speed, facility environment, QC data collection objectivity vs subjectivity, and user skill. It’s also important to review the capabilities of the metrology system's software suite and how its features complement the user's application requirements. Automation solutions should also be a consideration, as automation is increasingly being deployed to improve productivity and throughput, such as capturing discrete points on a part's profile to be built into the inspection process as programmable steps. Registration Powered by AMT and managed by GIE Media,  The IMTS 2022 Conference  features 69 different sessions you won’t want to miss so  register today . Focused on a range of topics that include process innovation, plant operations, quality/inspection, and automation,  The IMTS 2022 Conference  addresses improving productivity; improving part quality; and developing a stable, competent workforce to lower the cost of manufacturing in the United States and create new levels of market demand. Meet your presenter Greg Maisch has been with The L.S. Starrett Co. for six years. He is an engineering manager and has an education in mechanical engineering. Prior to that, Maisch was an enlisted Marine. About the company The L.S. Starrett Co., together with its subsidiaries, engages in the manufacture and sale of industrial, professional, and consumer products worldwide. The vast portfolio of more than 5,000 products can be grouped in the categories of precision measuring tools, saws, metrology equipment, precision ground stock, granite, job-site and shop tools. Starrett markets its products through distributors to companies in the metalworking automotive, aviation, marine, and farm industries, as well as do-it-yourselfers and tradesmen. Sandvik has signed and completed an agreement to acquire 100% of the equity interests in the Switzerland-based Sphinx Tools Ltd . and its wholly owned subsidiary P. Rieger Werkzeugfabrik AG. Sphinx Tools’ customers are mainly within the automotive, aerospace, and medical segments. The company will be reported within Sandvik Coromant, a division within Sandvik Manufacturing and Machining Solutions. “With the acquisition of Sphinx Tools we continue to execute on our shift to growth strategy. Strengthening our position in round tools is one strategic priority for our machining solutions business and with this acquisition we will expand our product portfolio in the high growth area of micro tools,” says Stefan Widing, CEO and President of Sandvik. Sphinx Tools enhances Sandvik Coromant’s product offering within solid round tools and is an established player in the adjacent surgical cutting tools market. The company is present in Europe with three production sites in Switzerland and has global distribution. “The acquisition of Sphinx Tools fits very well with our strategy to strengthen our position in round tools. With Sphinx Tools we will have the opportunity to take a global leading position in micro tools, a premium niche of round tools, expand our product portfolio and enter an adjacent area of surgical tools. We are very pleased to welcome Sphinx Tools to the Group.” says Nadine Crauwels, President of Sandvik Machining Solutions. Sphinx Tools was founded in 1994, has around 115 employees and is based in Switzerland. In 2021, the company generated revenues of approximately 292 MSEK. The EBITA margin is neutral to Sandvik Manufacturing and Machining Solutions. Impact on Sandvik’s earnings per share will be limited, yet slightly positive. The parties have agreed not to disclose the purchase price. Carestream Health’s focus on delivering medical imaging solutions that address customer needs has earned the company an award from Frost & Sullivan , a global market intelligence firm. The CARESTREAM Lux 35 Detector, a lightweight, glass-free wireless detector ergonomically designed with the comfort of patients and radiographers in mind, earned the 2022 Frost & Sullivan Global New Product Innovation Award in the digital radiography detector industry. Frost & Sullivan noted the Lux 35 Detector “encompasses all of the attractive features of different digital radiography (DR) detectors in a single solution, making it the industry’s best DR detector.” “The Frost & Sullivan Award is another validation of our research and development team’s continued success at developing solutions that incorporate cutting-edge technology to improve radiology workflow and enhance patient care,” said Dharmendu Damany, chief technology officer at Carestream. “With our first cesium iodide, glass-free Lux 35 Detector for the medical space, we provide a solution that is lightweight and provides resolution and detail, and a reduced exposure as compared with gadolinium detectors.” Weighing about 5 lb (including the battery) the sleek 14” x 17” (35cm x 43cm) Lux 35 Detector with its glass-free sensor is Carestream’s lightest detector to date. The lighter weight makes it easier for radiographers to transport while making rounds and performing bedside exams. Also, the Lux 35 Detector has ergonomic features that reduce stress and fatigue for radiographers, allow easier positioning, and make the exam process more comfortable for patients. The Lux 35 Detector supports image-processing options to assist radiologists, including tube and line visualization, pneumothorax visualization, EVP plus, and bone suppression. It uses Carestream’s ImageView Software powered by Eclipse for high image quality and features the X-Factor, so the detector can be shared with other compatible DRX equipment. Additionally, the Lux 35 detector battery is backwards compatible in that it works with DRX Plus Detectors and uses the same battery charger. Carestream was the first to introduce a wireless cassette-sized detector and continues to lead the way in technology innovation by designing products and solutions that help alleviate customer pain points and make their radiology workflow easier. “Frost & Sullivan applauds Carestream’s commitment to customer prioritization that has successfully culminated in efficient product delivery,” said Ojaswi Rana, best practices research analyst at Frost & Sullivan, which applies a rigorous analytical process to evaluate each nominee for its awards. In its analysis, Frost & Sullivan also noted Carestream’s customer-centric philosophy permeates its daily practices. For example, Carestream’s eXceed Program ensures commitment from every employee to provide the best customer experience. The company works closely with clients, establishing long-term relationships by assessing their needs, developing solutions with roadmaps for seamless execution.

Frost & Sullivan Investments

4 Investments

Frost & Sullivan has made 4 investments. Their latest investment was in IM COMING as part of their Series B - III on July 7, 2022.

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Frost & Sullivan Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/6/2022

Series B - III

IM COMING

$14.9M

Yes

2

2/26/2020

Biz Plan Competition

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10

3/20/2019

Biz Plan Competition

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10

2/20/2019

Biz Plan Competition

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10

Date

7/6/2022

2/26/2020

3/20/2019

2/20/2019

Round

Series B - III

Biz Plan Competition

Biz Plan Competition

Biz Plan Competition

Company

IM COMING

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Amount

$14.9M

New?

Yes

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Co-Investors

Sources

2

10

10

10

Frost & Sullivan Partners & Customers

10 Partners and customers

Frost & Sullivan has 10 strategic partners and customers. Frost & Sullivan recently partnered with RingCentral on June 6, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

6/1/2022

Vendor

United States

1

5/4/2022

Vendor

United States

Frost & Sullivan & Vizru Sign Multi-year Strategic Partnership to Enable Technology-driven Enterprise Growth

This partnership with Vizru allows Frost & Sullivan clients to leverage technology solutions to accelerate and maximize their future growth potential . ''

4

3/22/2022

Vendor

United States

VMware Recognized with Customer Value Leadership Award VMware Recognized by Frost & Sullivan for Customers Launching New Business Ecosystems at Scale with its Enterprise-Grade Blockchain Platform.

`` Creating a private permissioned blockchain based on Byzantine fault-tolerant state machine replication , VMware 's architecture facilitates enterprises to run distributed , multi-party applications in multiple smart contract languages , with network trust and resilience built in , '' said Nick J. Baugh , Industry Analyst at Frost & Sullivan .

1

12/17/2021

Vendor

United States

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10

9/15/2021

Vendor

United States

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10

Date

6/1/2022

5/4/2022

3/22/2022

12/17/2021

9/15/2021

Type

Vendor

Vendor

Vendor

Vendor

Vendor

Business Partner

Country

United States

United States

United States

United States

United States

News Snippet

Frost & Sullivan & Vizru Sign Multi-year Strategic Partnership to Enable Technology-driven Enterprise Growth

This partnership with Vizru allows Frost & Sullivan clients to leverage technology solutions to accelerate and maximize their future growth potential . ''

VMware Recognized with Customer Value Leadership Award VMware Recognized by Frost & Sullivan for Customers Launching New Business Ecosystems at Scale with its Enterprise-Grade Blockchain Platform.

`` Creating a private permissioned blockchain based on Byzantine fault-tolerant state machine replication , VMware 's architecture facilitates enterprises to run distributed , multi-party applications in multiple smart contract languages , with network trust and resilience built in , '' said Nick J. Baugh , Industry Analyst at Frost & Sullivan .

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Sources

1

4

1

10

10

Frost & Sullivan Team

4 Team Members

Frost & Sullivan has 4 team members, including current Chief Executive Officer, Darrell Huntsman.

Name

Work History

Title

Status

Darrell Huntsman

Chief Executive Officer

Current

Aroop Zutshi

Managing Partner, Senior Partner

Current

Yuquan Wang

President

Former

Manoj Menon

Managing Director, Senior Partner

Former

Name

Darrell Huntsman

Aroop Zutshi

Yuquan Wang

Manoj Menon

Work History

Title

Chief Executive Officer

Managing Partner, Senior Partner

President

Managing Director, Senior Partner

Status

Current

Current

Former

Former

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