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SHANGHAI—The $150 million “factory of the future” that the Swiss innovator ABB announced nearly a year ago is becoming reality in this enormous city’s Pudong New Area.

Before harmonizing new technology onto the manufacturing floor, critical steps include determining the business problems to be solved and securing buy-in from all stakeholders, industry leaders said recently during an AeroDef conference panel talk on manufacturing production harmonization.

FANUC has made real one of the promises of Industry 4.0, that of predictive maintenance for factory equipment, with its Zero Down Time IoT solution. ZDT can be applied to any of FANUC’s robotic arms and their peripherals.

There’s a whole choice of edge finders that work and function in different ways. Let’s take a look at them to better understand the advantages and disadvantages and hopefully help you to choose the best one for you.

Machine tool orders posted a small gain in October, helped by a boost from machine shops and the auto industry, according to a monthly report.

Expect at least two recessions, or downturns in GDP growth, in the next few years. That is the prediction of Brian Beaulieu, CEO and chief economist for ITR Economics.

The ever-volatile oil and natural gas industry—roiled most recently by September’s drone attacks on Saudi Arabian oil facilities that temporarily reduced the kingdom’s output by nearly half (about 5 percent of global production)—faces particularly challenging requirements for machined components to meet evolving supply targets.

Rapid prototyping is a staple of every designer and engineer’s workflow—essential for testing new concepts, verifying designs, and meeting increasingly aggressive time-to-market goals. Regardless of the industry or product, all engineers must consider the speed, accessibility, cost, and output of these additive manufacturing equipment.

For years, companies have struggled to understand how additive manufacturing (AM) can add value to their businesses. This makes sense because for a long time, additive tech didn’t meet the threshold for producing industrial-grade parts.

With an influx of investment in digital factories, the playing field is changing and the ROI for digitizing production is becoming ever more apparent. However, restraints, such as company size and a disconnect between IT and OT, means the road to a successful digital transformation is one very few will be able to do alone.