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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.

Control Software Improvements Spurring Manufacturing’s Digitization Push

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.

PIM Is Transforming Data Sharing for Automotive

Much has changed in the world of automotive accessory designing, engineering, and manufacturing in the past few years. Sales and after sales of automotive parts have witnessed a surge in data-usage across the horizontal and vertical value chains between suppliers, business partners, internal departments, and the end-customers.

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.

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.

Hurco Introduces New 3D Import with 3D DXF Technology

Indianapolis-based Hurco introduces the Hurco MAX5 control with the new 3D Import feature that includes 3D DXF technology. This control feature allows the user to simply load the file they receive from their customer directly into the Hurco control.

Prima Power Announces Official Opening of New Manufacturing Plant in Finland

Metalworking technology manufacturer Prima Power (Turin, Italy; Arlington Heights, Ill.) announced the opening of a new site in Seinäjoki, Finland. Finn-Power Oy—the company of Prima Industrie Group manufacturing Prima Power turret punch presses, combined machines, and systems—relocated its manufacturing plant and Tech Center previously sited in Kauhava into a new facility in Seinäjoki.