AM, Spare Parts, and the Rise of the Micro Factory March 8, 2019 Manufacturing got smart when companies figured out how to make products in one market and sell them in another. Today, we call this supply chain logistics. But somewhere along the way, the innovation chain connecting supply (manufacturing) and logistics (the supporting infrastructure) started to diverge.
Time to Prepare, Not Panic, in 2020 November 26, 2019 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.
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.
Control Software Improvements Spurring Manufacturing’s Digitization Push May 15, 2019 More and more manufacturers are seeing productivity as a crucial factor to their business success. In the meantime, business models are changing from the large quantities and few variants to small quantities with frequently changed variants. This change requires high flexibility during production.
Machine Vision Technology Advances Rapidly February 20, 2019 Machine vision is proving ideal in helping humans perform tedious but crucial manufacturing tasks. That is why it is poised to grow significantly in the next few years.
EXCLUSIVE REPORT: The Nascent State of Cyber Defense April 26, 2019 Road to maturity involves safeguarding supply chains, treating security with the same urgency as safety, for starters.
Combined with AI, IoT, Blockchain Can Meet Many Supply Chain Challenges February 12, 2019 Blockchain technology is becoming a key player in modernizing supply chains to enable easy tracking, automate transactions and delivery, and build end-to-end trust, Chandra Narayanaswami, principal research staff member, Member IBM Academy of Technology at IBM Research, told people attending a smart manufacturing session at the MD&M West conference here last week.
On-Premises or the Cloud: Which Makes More Sense? February 21, 2019 So you have finally decided to start your digital transformation. You have seen the benefits around digitizing your operations. By connecting your disparate systems, you can start seeing what is actually happening in your plant and become more efficient. And not just in one plant, but in multiple plants.
Machine Tool Orders Post Monthly Gain in October December 10, 2019 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.