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IMTS –2022

MPG Update

October 5, 2022 Patrick Valent and Trevor Wager, members of MPG’s Engineering & Manufacturing Software Practice, recently attended the IMTS Conference in Chicago from September 12th – September 16th, meeting with innovative manufacturing business leaders, disruptive start-ups, and global software manufacturing companies. MPG’s Engineering & Manufacturing Software team published our most recent market brief in September 2022, which summarizes the market landscape across our key subsectors. Ralph Verrilli, Head of MPG’s Engineering & Manufacturing Software Practice commented:

Our conversations with numerus companies at the IMTS show validated that developments in manufacturing software and IIoT technologies continue to increase at a rapid rate.  We saw a number of industry transforming product offerings, from both large and emerging companies.  This has strengthened our belief that funding and M&A by the large strategics in this sector will continue to increase in the next few years.

Ralph Verrilli, Managing Director at Madison Park Group

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