Survey: Manufacturers Behind the IIoT Curve September 10, 2019 Software AG (Frankfurt, MDAX: SOW) announced an original survey of over 125 North American manufacturers in the heavy industry and automotive sectors that revealed they are unable to scale their Industrial Internet of Things (IIoT) investments across their enterprises, and therefore are losing millions of dollars in potential profits while falling behind competitors that have invested in enabling technologies that support IIoT across the enterprise.
Kennametal Launches Additive Manufacturing Unit October 22, 2019 Kennametal Inc., Pittsburgh, has formed a 3D printing materials and production business unit, Kennametal Additive Manufacturing, as part of its Infrastructure segment.
New CCX CVD Coated Cermet Grade October 23, 2019 Kyocera Precision Tools, Hendersonville, N.C., has introduced a CVD Coated Cermet Grade for production in a wide range of finishing applications. The CCX Grade is a new technology composed of a unique, high-strength cermet insert with a thick layer of CVD coating.
At long last, IoT is breaking down walls between IT, OT October 16, 2019 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.
One way to calculate business value with AM October 16, 2019 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.
U.S. Cutting Tool Orders Up 3.3% In August from July October 17, 2019 August 2019 U.S. cutting tool consumption totaled $205.1 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
New Sandvik Coromant Center to Open in the Heartland of Manufacturing Innovation and Technology November 4, 2019 Fair Lawn, NJ. Sean Holt, head of Sales Area Americas for Sandvik Coromant, announced a new Sandvik Coromant Center will open in Mebane, NC, a geography heavy with aerospace and automotive manufacturing and a strong culture of innovation.
In China, and world over, it will soon be all about adroitly adjusting on the fly October 17, 2019 The concepts Industry 4.0 in Europe, Made in China 2025 and smart manufacturing in the U.S. “all share a common goal—to create cyber-physical systems to innovate in manufacturing,” IDC's Bob Parker said at Dassault Systèmes’ recent Manufacturing in the Age of Experience event. “And it’s really dependent on a set of new technologies like IoT (the Internet of Things) and artificial intelligence (AI).”
ABB’s ‘factory of the future’ in China to demo safety, sustainability October 16, 2019 The $150 million “factory of the future” that the Swiss innovator ABB announced a year ago is becoming reality in this enormous city’s Pudong New Area.
American, German, Swedish manufacturers gladly adopt factory-within-factory concept October 16, 2019 Manufacturers of all sizes see an uptick in productivity after adding a factory within a factory via an automated machining cell. The cells are small-scale, clearly defined production units, often for a family of similar parts or a product, and they typically include a robotic arm and one or more machine tools.