TDM User Day Showcases Tool Lifecycle Management

TDM Systems GmbH (Tubingen, Germany) recently highlighted innovations in tool lifecycle management at its TDM User Day. The software specialist for tool data management welcomed more than 110 participants at its technology center, which had opened only a few weeks earlier. “The digital transformation will ultimately lead us to Industry 4.0,” says Mirko Merlo, chairman of the board of Walter AG, who is confident that this revolution will offer added value for all involved. He believes this is the ideal time to begin with digitalization.

Cost reduction, digitalization and increasing IT requirements are three of the ten most important challenges for the manufacturing industry, according to a study entitled "Business Performance Index 2016" that was carried out by Techconsult GmbH. Peter Schneck, managing director of TDM Systems, stated that TDM is using the tool lifecycle management strategy to support its customers precisely in these areas. "A successful tool lifecycle management project always reduces tool circulation costs and increases machine running times," he explains. TDM Systems supports the introduction of Industry 4.0 with a comprehensive offering designed around the tool.

The Industrial Internet of Things and Industry 4.0 were the hot topics among attendees of the User Day. Sales Director Eugen Bollinger intends to accompany customers on their way to Industry 4.0. “TDM next generation will be a state-of-the-art, advanced application, where both current TDM modules and TDM Global Line modules can be used in parallel," he says while emphasizing the investment protection that TDM users enjoy. Product Manager Stefan Schmid pointed out that companies using TDM next generation can take the first steps in the direction of Industry 4.0 without complete renewal and system change. It is also possible for newcomers to get set up successfully while keeping initial expenditures low.