Machine Tool Industry R&D Project in Budapest

DMG Mori Heitec Digital Kft. implements an ambitious R&D project worth over EUR 11.8 million that aims to develop a software platform thanks to which the entire production life cycle of machine tools is placed in the cloud. Over 20% of the investment costs are covered by Hungarian taxpayers according to a Hungarian government decision.

The investment is bound to result in a number of efficiency-related advantages, while creating 50 mainly high-added value jobs at the Budapest site of the company, the Hungarian Investment Promotion Agency reports.

DMG Mori, the world’s leading machine tool manufacturer teamed up with Heitec, a German engineering solution provider back in 2020 to set up DMG Mori Heitec Digital Kft. with the purpose of delivering innovative solutions for the industry.

The Hungary-based engineering hub now invests over EUR 11.8 million to develop a cloud-based integrated digitalization platform. As a result of the software, production capacity will be used more efficiently, productivity will be boosted, work processes are expected to become more precise, and production times will drop. Consequently, overall efficiency enhancement is to contribute to sustainability and cutting the corporate carbon footprint as well.

In the wake of the development the company expects new business models to emerge in the machine tool segment in the longer run, namely in form of customized functions, subscription-based services or pay-per-use schemes.