Spectro Cloud completed a $75 million Series C funding round led by Growth Equity at Goldman Sachs Alternatives with participation from existing Spectro Cloud investors.
A transformative shift is happening at the intersection of software and hardware — particularly in the realm of digital twins — as the lines between software and hardware blur. As a result, organizations need to adapt quickly to this dynamic landscape.
While traditional electronics are making way for "software-defined manufacturing," embedded software is also gaining ground in smart medical devices, IoT products, and more.
What is software-defined manufacturing? Essentially, software-defined manufacturing systematically optimizes and modernizes all aspects of manufacturing, from storage, connectivity, and security to hardware. It feeds data from embedded intelligence across the IT and OT landscapes to the underlying software, making the unified system work seamlessly for optimal efficiency.
As a result, in today's business landscape, discrete electronics are being rapidly replaced with "software-defined manufacturing." On the other hand, discrete manufacturing is witnessing a significant shift as traditional assembly lines are phased out in favor of 3D printing. This revolution enables the mass production of customized goods with flexibility for real-time design adjustments. At the same time, embedded software is now becoming the norm.
While the tools in the software world are relatively mature and proven, in the hardware/hybrid world — apart from CAD products, which are the lone exception — companies are left to struggle with outdated processes and systems like spreadsheets and documents.
This is where digital twins come in.
A digital twin creates a virtual model of any physical object. Spanning the object's lifecycle, it uses real-time data sent from sensors attached to that object to simulate the object’s behavior and monitor its real-time operations.
This cutting-edge technology is helping revolutionize the way hardware systems are designed, visualized, integrated, and tested. By simulating physical objects in a digital environment, companies can quickly reduce prototyping costs, align hardware development with software processes, and streamline the entire product development lifecycle.
In short, digital twins can reduce the costs associated with prototyping and integrating before building systems. They also help better align hardware design, development, and testing with their fellow software cousins.
However, navigating this new frontier requires reimagining traditional product development approaches. As a result, there is a growing need for a more robust and effective hybrid-driven approach that ultimately blends software development methodologies seamlessly — such as blending agile and DevOps with the management of the hardware product lifecycle.
However, doing so presents new challenges and opportunities when it comes to managing requirements and testing across software and hardware components or developing strategies for integrating, deploying, and managing hybrid systems effectively.
This new world, marked by a different product development lifecycle, calls for a more thoughtful approach to integration, deployment, and management of the hardware/software hybrid systems and is required to effectively blend software development, agility, and DevOps with the old hardware product lifecycle management.
Companies must carefully manage these requirements and thoroughly test all software and hardware components (including any digital twins) to ensure successful integration.
Industry News
The Cloud Native Computing Foundation® (CNCF®), which builds sustainable ecosystems for cloud native software, has announced significant momentum around cloud native training and certifications with the addition of three new project-centric certifications and a series of new Platform Engineering-specific certifications:
Red Hat announced the latest version of Red Hat OpenShift AI, its artificial intelligence (AI) and machine learning (ML) platform built on Red Hat OpenShift that enables enterprises to create and deliver AI-enabled applications at scale across the hybrid cloud.
Salesforce announced agentic lifecycle management tools to automate Agentforce testing, prototype agents in secure Sandbox environments, and transparently manage usage at scale.
OpenText™ unveiled Cloud Editions (CE) 24.4, presenting a suite of transformative advancements in Business Cloud, AI, and Technology to empower the future of AI-driven knowledge work.
Red Hat announced new capabilities and enhancements for Red Hat Developer Hub, Red Hat’s enterprise-grade developer portal based on the Backstage project.
Pegasystems announced the availability of new AI-driven legacy discovery capabilities in Pega GenAI Blueprint™ to accelerate the daunting task of modernizing legacy systems that hold organizations back.
Tricentis launched enhanced cloud capabilities for its flagship solution, Tricentis Tosca, bringing enterprise-ready end-to-end test automation to the cloud.
Rafay Systems announced new platform advancements that help enterprises and GPU cloud providers deliver developer-friendly consumption workflows for GPU infrastructure.
Apiiro introduced Code-to-Runtime, a new capability using Apiiro’s deep code analysis (DCA) technology to map software architecture and trace all types of software components including APIs, open source software (OSS), and containers to code owners while enriching it with business impact.
Zesty announced the launch of Kompass, its automated Kubernetes optimization platform.
MacStadium announced the launch of Orka Engine, the latest addition to its Orka product line.
Elastic announced its AI ecosystem to help enterprise developers accelerate building and deploying their Retrieval Augmented Generation (RAG) applications.
Red Hat introduced new capabilities and enhancements for Red Hat OpenShift, a hybrid cloud application platform powered by Kubernetes, as well as the technology preview of Red Hat OpenShift Lightspeed.
Traefik Labs announced API Sandbox as a Service to streamline and accelerate mock API development, and Traefik Proxy v3.2.