The value-add of blockchain for businesses is estimated to grow into the trillions by 2030. Experts believe product recalls alone—estimated to cost $8 million today—could be practically eliminated through improved track and traceability enabled by blockchain.
The U.S. Army is working assiduously to flight-qualify engine parts it has redesigned using additive manufacturing (AM).
Hybrid manufacturing—using one machine to perform both additive and conventional subtractive manufacturing processes—is gaining traction across manufacturing sectors, allowing companies to leverage the benefits of both.
When drilling a well, clearing a forest or excavating a building site, experienced operators count on their toughest equipment to help them get the job done.
Energy markets across the world are changing rapidly with the increase of renewables and the change to a more distributed energy network. Energy storage is key. The capabilities of large-scale batteries have expanded, allowing users to capture more value and create a powerful tool to manage energy needs.
You don’t have to spend too much time looking to be overwhelmed with useful information from distributors and cutting tool manufacturers about solutions that yield lowest cost per part, per hole, or per tool.
Much about the process of buying machine tools has changed over the last decade. And much hasn’t.
Blockchain can help power the process to monetize Big Data and will play a role in the FDA’s regulations to limit pharmaceutical counterfeiting by increasing security of the drug supply chain, said experts Smart Manufacturing gathered at Westec 2019 for an exclusive blockchain-tech roundtable
The winner-take-all drive that fuels professional auto racing is also driving new achievements in precision machining.
There’s growing evidence that some of the moldmaking business that fled the U.S. chasing cheaper sources offshore is returning. Moldmakers are not finding enough of a favorable cost differential to offset poor mold performance and the need for rework of faulty molds.
