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Hexagon acquires ETQ
- March 8, 2022
- News Release
- Measurement
Hexagon AB has announced the acquisition of ETQ, a provider of SaaS-based quality management system (QMS) software; environment, health, and safety software; and compliance management software. The company will operate as part of Hexagon’s Manufacturing Intelligence division.
ETQ’s multitenant QMS software, ETQ Reliance, provides the data backbone for automating the collection and delivery of manufacturing quality control data, nonconformance reports, and customer feedback.
“Integrating data from our metrology systems with Reliance leads to increasing levels of autonomy that improve a customer’s ability to put quality and process data to work,” said Hexagon President/CEO Ola Rollén. “ETQ also enables connectivity of quality data and processes across supply chains, bringing suppliers and customers into one system.”
ETQ’s data management capabilities, driven by machine learning and AI, make quality data fully actionable and available further upstream. Not only does this help reduce defects, scrap, rework, and recalls, but it also enables an autonomous feedback loop, digital information trail, and virtuous cycle of continuous improvement, Hexagon reports.
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