Big Data Analytics Can Save Manufacturers Millions by Improving Process Efficiencies
Data mining and Big Data are hot topics. Your company develops process mining software; how does it differ from data mining?
Data mining and Big Data are hot topics. Your company develops process mining software; how does it differ from data mining?
As the move toward a more connected manufacturing industry gains momentum and manufacturers start collecting factory-floor data, the need for fast, efficient data analysis becomes ever more critical.
Most anyone attending IMTS 2018 is well aware that machine tools are the lifeblood of virtually any manufacturing company. Without lathes and machining centers, parts don’t get made, barstock collects dust on the shelf, and machinists…they’d have nothing to do.
When making over-the-counter and prescription soft-gel products, the dosage that fills each gel cap must be precise. It follows, then, that the system for metering the amount of formulation demands the same exacting level of precision. Such is the requirement at leading contract manufacturers of nutritional and pharmaceutical soft-gel products. To keep their metering pumps and production equipment accurate and reliable, they look to Progressive Tool & Manufacturing Inc. (Greensboro, NC).
Digital manufacturing solutions with product lifecycle management (PLM) tools hold great potential for manufacturers to eventually fully unlock the promise of the Industrial Internet of Things (IIoT).
Most anyone who’s worked in a machine shop for any length of time has at some point attended a trade show or machine tool distributor’s open house. There they see canned demonstrations of CNC machines busily carving up chunks of brass, mild steel, or aluminum into business card holders and tic-tac-toe games.
My instincts tell me we need a sense of urgency around the use of artificial intelligence (AI) in manufacturing. The urgency is driven by how quickly technology can move today, and how an unexpected breakthrough can quickly dominate.
DMG Mori (Hoffman Estates, IL) delivers manufacturing technologies to aerospace OEMs and production shops supported by a package of CAD/CAM/CNC hardware, software, and engineering services from Siemens Industry Inc. (Elk Grove Village, IL) for aerospace machining. A long-time partner with Siemens, DMG Mori builds a variety of conventional chip-cutting and ultrasonic machining centers.
My original intention for this column was to discuss a phrase getting a lot of buzz lately, artificial intelligence (AI). By any measure, interest in AI is expanding exponentially, both in the number of articles one can read on the subject and, according to Google Trends, the number of searches for those articles.
Like most auto manufacturers, NASCAR race teams are motivated to make vehicle parts better, cheaper and faster. Hundreds of the leading Fortune 500 brands are highly visible on the evocative vehicle paint schemes, pointing to continued healthy investment in the sport.