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.
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What is tribal knowledge and why should a company care? It is valuable, exclusive information stored only inside someone’s mind and communicated only verbally (if at all). The “someone” may have played an important role in an organization for decades and knows a thing or two that the company treasures yet cannot duplicate.
Energy markets across the world are changing rapidly with the increase of renewables and the change to a more distributed energy network. Energy storage is key. The capabilities of large-scale batteries have expanded, allowing users to capture more value and create a powerful tool to manage energy needs.
When drilling a well, clearing a forest or excavating a building site, experienced operators count on their toughest equipment to help them get the job done.
Convergence-enabled cyberattacks—where criminals exploit traditionally isolated operational technology (OT) devices through their new connections to the IT network—may be motivated by the desire to hijack and demand ransom for services, steal trade secrets through industrial or national cyberespionage, or commit cyberterrorism or engage in cyberwarfare.
Machine tool orders fell slightly in September on a monthly basis, the Association for Manufacturing Technology said in a monthly report.
When it comes to being successful, manufacturers today have more tools than ever to succeed. Chris Mahar, Associate Editor of Manufacturing Engineering, talks with Jeff Lage, President, Advanced Manufacturing Technologies at Ellison Technologies, about how Industry 4.0 is helping manufacturers improve operations through data collection and insights. Providing tips on how businesses can get the most capacity out of their machines, remove waste and enable their machines do more.
The Measuring Division of Kaman Precision Products, Inc. announces the availability of its line of Extreme Environment high-precision displacement sensors and systems.
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Adaptive Milling. Dynamic Motion. hyperMILL. Profit Milling. VoluMill. Waveform machining. If you’re one of the lucky people who machines parts for a living, chances are about 50-50 that you’re using one of these or a comparable high-performance programming technology.