The Smart Manufacturing Innovation Institute brings over $140 million in public-private investment to develop new technology solutions for use in advanced manufacturing

BLOOMINGTON, Minn., June 21, 2016 /PRNewswire/ -- Savigent Software (www.savigent.com) announced today that as a member of the Smart Manufacturing Leadership Coalition (SMLC), the company has been named as an industry partner in the new Smart Manufacturing Innovation Institute. On Monday, June 20, 2016, President Obama announced that SMLC will lead the new Smart Manufacturing Innovation Institute, in partnership with the Department of Energy. This coalition brings together a consortium of organizations from across industry, academia, government and non-profits trade groups to spur advances in Smart Manufacturing technology and digital process controls that can radically improve the efficiency of U.S. advanced manufacturing.

The Smart Manufacturing Innovation Institute will focus on innovations that can dramatically reduce energy expenses in advanced manufacturing, strengthening the manufacturing sector and positioning the United States to lead the manufacturing of tomorrow, helping sustain the resurgence of U.S. manufacturing currently underway. The Smart Manufacturing Leadership Coalition will launch the Smart Manufacturing Innovation Institute with a focus on accelerating the development and adoption of advanced sensors, data analytics and controls in manufacturing, and using Smart Manufacturing software to reach new levels of efficiency and optimization of operations.

"We at Savigent Software are proud to be on the SMLC team as we embark on this new mission," said Mark Besser, vice-president of services for Savigent Software. "As a partner in the new Smart Manufacturing Innovation Institute, we will provide our leading technology and expertise to tackle industry problems and develop innovative solutions to fulfill the mission of the Institute."

As a provider of event-driven Smart Manufacturing software, Savigent Software is a key partner for SMLC and is part of the core technology offering the coalition will leverage to build these new solutions.

For more information on the Smart Manufacturing Innovation Institute, visit www.manufacturing.gov.

About Savigent Software
Savigent Software is a leading provider of event-driven manufacturing operations management software. The company has served manufacturers in a variety of industries including automotive, semiconductor, contract manufacturing, industrial, specialty chemical, food and beverage, energy, consumer packaged goods, plastics and glass manufacturing, and aerospace and defense. Customers served by Savigent Software are seeking increased efficiencies, agile control of manufacturing assets and improved process control and product quality. The company also serves OEMs and independent software vendors by providing value-added software solutions for their products. Its Savigent suite of products provides solutions for workflow automation, manufacturing intelligence and systems integration. For more information, visit www.savigent.com.