The average lifespan of a company on the S&P 500 has fallen to 20 years from more than 60 years in 1960. The power and influence of technology will increase as much in the next 18 months as it has in the last 30 years.
The Industrial Internet of Things (IIoT) has elements of the fairy tale Jack and the Beanstalk.
As the Fourth of July drew to a close, Nanocomp Technologies employees were glued to a live newsfeed from JPL/NASA.
A self-described “river rat” during his teenage years, Herbert B. Voelcker grew up in the small town of Tonawanda, NY, just north of Buffalo, where as a young man he grew to love the water, boats, and steam engines. His early fascination with how things worked eventually led him to study mechanical engineering at the Massachusetts Institute of Technology (Cambridge, MA), and to embark later on a greatly varied technical career highlighted by his research into the mathematical foundations for 3-D solid modeling.
M. Eugene Merchant began his career in 1936 at the Cincinnati Milling Machine Co. (later Cincinnati Milacron), where he went to work analyzing the nature of friction between the cutting tool and the chip. The young engineer eventually developed a mathematical model of the metalcutting process that is still taught and used today.