The Digital Metrology Standards Consortium (DMSC, Inc.) is pleased to announce an update to the Memorandum of Understanding (MoU) with the MTConnect^® Institute. The original MoU was signed in 2011. As technology has evolved, both organizations recognize an even greater need to optimize the way industrial software and machines work together, to encourage manufacturing standards development, and to use data modeling to enable information interoperability by specifying the content of specific information and where it is stored – all with the goal of improving manufacturing efficiency.