BAE Systems Acquires Eurostep to Deliver Advanced Digital Asset Management
October 31, 2023 | BAE SystemsEstimated reading time: 1 minute
BAE Systems acquires Eurostep to deliver advanced digital asset management. BAE Systems has acquired Eurostep, a secure data sharing company headquartered in Sweden. The company will form part of BAE Systems’ Digital Intelligence business.
The acquisition is the next evolution in an established relationship between the two companies which have worked together for many years. The agreement brings together complementary capabilities in digital asset management, enabling defence and heavily regulated customers to optimise the operation, costs and through-life support of complex assets.
Dave Armstrong, Group Managing Director, BAE Systems Digital Intelligence, said:
“Having formed Digital Intelligence in early 2022 in response to growing customer demand for data, digital and intelligence capability, we’re now strengthening our portfolio to expand our leading-edge solutions to customers and help them tackle complex challenges on their digital transformation journey.
“Demand for digital asset management capability is increasing and security of data sharing remains a key consideration for our customers. This acquisition represents a key step in delivering our exciting and ambitious investment strategy in innovative, data-led technologies including continued development in BAE Systems digital asset management suite, PropheSEA™. I look forward to welcoming Eurostep to BAE Systems.”
Mattias Johansson, Eurostep CEO, said:
“Eurostep has collaborated with BAE Systems for many years with our software, ShareAspace sitting at the heart of Digital Intelligence’s Digital Asset Management product suite. We are excited to bring together our complementary skills and expertise in developing technology that ensures customers can securely collaborate across the supply chain and cost effectively manage their assets through life.”
“ShareAspace products will continue to be offered directly to customers in addition to being a core element of PropheSEA™. By joining BAE Systems Digital Intelligence we now have the added resources to increase software development and customer outreach.”
The acquisition will accelerate the development of BAE Systems’ digital asset management suite, PropheSEA™, which enables customers to consolidate and share their complex asset data securely, allowing assets to be managed proactively, reducing operating costs and maximising asset availability.
Suggested Items
Listen Up! The Intricacies of PCB Drilling Detailed in New Podcast Episode
04/25/2024 | I-Connect007In episode 5 of the podcast series, On the Line With: Designing for Reality, Nolan Johnson and Matt Stevenson continue down the manufacturing process, this time focusing on the post-lamination drilling process for PCBs. Matt and Nolan delve into the intricacies of the PCB drilling process, highlighting the importance of hole quality, drill parameters, and design optimization to ensure smooth manufacturing. The conversation covers topics such as drill bit sizes, aspect ratios, vias, challenges in drilling, and ways to enhance efficiency in the drilling department.
Digitalisation and ESG
04/19/2024 | Marina Hornasek-Metzl, AT&SDigitalisation and ESG are prominent and high-priority topics in the global business community. The first focuses on applying technology throughout the value chain to produce faster, smarter, and more desirable business outcomes. The latter emphasises the broader value a business is expected to create for its stakeholders from an environmental, social, and governance perspective.
IDTechEx Examines the Opportunities for Wearables in Digital Health
04/19/2024 | IDTechExIDTechEx’s report, “Digital Health and Artificial Intelligence 2024-2034: Trends, Opportunities, and Outlook”, covers this ongoing trend in the consumer health wearables market and includes analysis of the opportunities and roadmap for biometric monitoring.
Micron’s Full Suite of Automotive-Grade Solutions Qualified for Qualcomm Automotive Platforms to Power AI in Vehicles
04/17/2024 | MicronMicron Technology, Inc. announced that it has qualified a full suite of its automotive-grade memory and storage solutions for Qualcomm Technologies Inc.’s Snapdragon® Digital Chassis™, a comprehensive set of cloud-connected platforms designed to power data-rich, intelligent automotive services.
On the Line With... Podcast Talks With Cadence Expert on Manufacturing
04/18/2024 | I-Connect007In “PCB 3.0: A New Design Methodology: Manufacturing” Patrick Davis returns to the podcast to talk about design rules. As design considerations become more and more complex, so, too, do the rulesets designers must abide by.