Digitization of industry has become an established global trend. Despite all the enthusiasm of visionaries, the machine tool is, was and will remain the core element in production.
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New retrofit systems make it possible to quickly, easily and cost effectively transform the standard external-coolant live tooling heads on turning machine turrets into those with through-tool-coolant capability. And shops that have done the retrofit are experiencing longer tool life, more efficient chip control and less heat generation.
Despite falling oil prices, the investment valve in the oil and gas industry remains on—for now—as manufacturers continue their race to provide large, precision parts for fracking, subsea drilling and other related activities. But as anybody in the energy sector knows: this is the land of boom or bust.
Getting fast, accurate data delivered to the palm of your hand is helping drive demand for enterprise resource planning (ERP) software. With the popularity of smartphones and tablets, manufacturers are capitalizing on the ability to get critical factory operational data from ERP, manufacturing execution systems (MES) and enterprise manufacturing intelligence (EMI) applications into the hands of the right decision-makers in a timely manner.