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To Prepare for Blockchain, First Check These Three Things

The value-add of blockchain for businesses is estimated to grow into the trillions by 2030. Experts believe product recalls alone—estimated to cost $8 million today—could be practically eliminated through improved track and traceability enabled by blockchain.

Blockchain can power move to monetize Big Data, experts say

Blockchain can help power the process to monetize Big Data and will play a role in the FDA’s regulations to limit pharmaceutical counterfeiting by increasing security of the drug supply chain, said experts Smart Manufacturing gathered at Westec 2019 for an exclusive blockchain-tech roundtable

ROLLING INTO ASIA: Two German Firms’ Timely Moves

To date, GBneuhaus has only produced its nanotech-enabled coatings in Neuhaus am Rennweg, a small village in the state of Thuringia. But that’s about to change: The 28-year-old firm in June founded a company in Pune, India, and will soon begin producing its antimicrobial coating there.

Have a Clear Strategy Around How You Are Applying IoT?

Most companies do not have a clear strategy for how they are applying IoT, Mark Weatherford, former Deputy Under Secretary for Cybersecurity at the Department of Homeland Security, said at an exclusive roundtable Smart Manufacturing convened recently in Chicago.

TDM Systems to Feature Tool Data Management Solutions at AeroDef 2019

Tool data management solutions provider TDM Systems (Schaumburg, Ill.) will showcase a variety of its tool data management software and digital solutions and offer insights into its several new initiatives in smart manufacturing in booth 1444 at AeroDef 2019, April 29-May 2, 2019, in Long Beach, Calif.

Software

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After Jamming in Paris, 7 French Firms Play N. America

Business France will in March wrap up its first accelerator “dedicated to the industry of the future in North America.” The 10-month program is specialized in monitoring and control tech, as well as data analytics.

What to Do About Spare Part Supply Issues for Aging Assets

Aging assets have long been the culprits behind common supply chain disruptions like unexpected downtime and production delays. They can have a direct impact on revenues and service levels, and the older they get, the more costly the risks they pose are.

Meticulous Recordkeeping Doesn’t Have to Be Painful

The requirements for FDA 21 CFR Part 11 are in place for a good reason: When companies are making a part that goes inside your body, the engineering and manufacturing process must be meticulously documented, tested and controlled. People’s lives are at stake.