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Manufacturing and AI: Promises and Pitfalls

We all know the buzzwords circulating around digital data and the factory. You have heard them—Industry 4.0, smart factories, data analytics, and artificial intelligence (AI). The question we all have is how will this impact workers in the long term? What do these terms really mean? Nevertheless, both traditional software suppliers and makers of advanced manufacturing equipment are offering digital solutions.

Artificial Intelligence Comes to CAD

The bane of modern engineering is complexity. One promise of artificial intelligence and machine learning is helping engineers to use complex tools and harness vast data sets effectively.

AM, Spare Parts, and the Rise of the Micro Factory

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

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.

Survey: Manufacturers Behind the IIoT Curve

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.

Combined with AI, IoT, Blockchain Can Meet Many Supply Chain Challenges

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.

Mastercam Partners with TITANS of CNC

CNC Software Inc., developers of Mastercam, has announced a new partnership with TITANS of CNC Inc. to help train the next generation of highly skilled CNC machinists and eliminate the widening skills gap.

Community of ‘Makers’ to Gather at ESPRIT World

DP Technology Corp., the parent company of CAM system ESPRIT, has announced the 2020 dates for its annual conference. ESPRIT World 2020 will be held from June 8-12 in Las Vegas–the location of the company’s first conference in 2003.