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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.

Cascadia Capital said it is launching one of the nation’s first emerging growth investment banking practice groups dedicated to Robotics, Automation, and Artificial Intelligence (RAAI).

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.”

Tacoma, Washington-based Tool Gauge manufactures precision metal and plastic components and assemblies for the aerospace industry.

Composite materials consist of fibers—in the aerospace industry, they are typically glass, carbon or kevlar—suspended in a matrix of epoxy resin.

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.

Supply chains are creating cybersecurity risks for companies, according to a security services firm report.

To a discrete manufacturer, process manufacturing is odd territory indeed. It’s a world in which textiles, pharmaceuticals, chemicals, plastics, and food and beverage are produced en masse.

If you ask any number of manufacturers exactly what they felt the first time they crashed a stationary machine tool or dropped portable measuring equipment, you’re bound to get a range of answers—though dread, terror and even nausea will almost certainly be on the list of responses.

With a single example, Ira Moskowitz makes the case for why the organization he leads may be critical for advancing manufacturing in the United States.