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Simulation can significantly improve the competitive position of manufacturing and engineering companies by reducing their costs and resulting in more efficient development, production, procurement, logistics or financial processes. However, the take-up of simulation software by SMEs has until now been low due to high barriers of entry that include hardware prices, licensing costs and technical ex ...

The ExtremeFactories project proposes the conception of a collaborative internet-based platform with semantic capabilities (by means of ontology modeling) that implements a new methodology for the adoption of a systematic innovation process in globally acting networked SMEs. The platform will support SMEs to manage and implement the complex innovation processes arisen in a networked environment, t ...