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Praemo EVP: Insight Right Under Our Noses

A whole new layer of insight can be harvested inside factories with the data you already have, today. Companies are sometimes holding back from leveraging sensors and tools like AI and deep data analysis that would allow for it because of cultural gaps between, for example, IT and OT. Ownership issues can also be a problem if some are, say, building devices vs operating devices. Paul Boris, EVP at Praemo fights against using red herrings like security concerns inside the same factory to continue down the same old paths that limit performance. He understands how seductive risk avoidance can be. And he speaks frankly about this and other issues with Brett Brune, editor in chief of Smart Manufacturing magazine.

Coping with Upheaval in the Supply Chain

Risk-management technology is beginning to help manufacturers cope with the supply-chain upheaval caused by the COVID-19 pandemic, said Thomas Derry, CEO of the Institute for Supply Management: “We are a lot better at managing risk than even 10 years ago.”

Embracing Digital Twins

The concept of the digital twin in A&D was born in the 1970s, when NASA began employing full-scale virtual mock-ups of space capsules to forecast the performance of machines in outer space.

Tooling up: Kennametal really gets into additive

Kennametal is focused on the additive applications where we can leverage our core capabilities in delivering material properties for demanding applications in wear, erosion, corrosion and high temperatures.

At Automate show, blockchain described as ‘World Wide Ledger’

Blockchain, the distributed, encrypted, tamper-evident ledger platform that gave rise to Bitcoin, has birthed a new, foundational market concept to execute business transactions, Karim Lakhani, professor of business administration at Harvard Business School, said as he led a panel talk on blockchain tech for supply chains at Automate 2019.