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There have been many process improvement trends in manufacturing over the decades, and none have had more significant ROI than machine monitoring. The increase in machine monitoring is owed in large part to the rise in popularity of the open and royalty-free interconnectivity standard MTConnect.

In an interview with Manufacturing Engineering Editor in Chief Alan Rooks, DIEGO TAMBURINI, senior design and manufacturing industry strategist for Autodesk, details key strategies for remaining competitive and spells out the IIoT opportunity for manufacturers.

In an effort to make products better, faster and stronger, the manufacturing process has grown significantly more complex in recent years. Technology and automation play much larger roles. The supply chain is longer and more diverse. Measuring processes with an eye on improving performance, finding efficiencies and increasing the bottom line has become all consuming.

Manufacturers of many stripes can save money just by making better use of data emanating from the factory floor. But for those in aerospace and defense—Airbus Helicopters is a prime example—the potential payoffs are legion.

All the hand-wringing around robotics and jobs in the US really needs to stop. It’s astounding that manufacturers here are still fighting this battle.

ABB and Microsoft Corp. today announced a strategic partnership to help industrial customers create new value with digital solutions. Customers will benefit from the unique combination of Microsoft’s intelligent cloud and ABB’s deep domain knowledge and extensive portfolio of industrial solutions.

You have heard it before, today’s manufactured products are becoming ever more complicated. As computers and microcontrollers get ever cheaper and more powerful they have become more enticing for product engineers to use and incorporate. This means the intellectual property in the embedded software has grown increasingly in value – possibly exponentially.

The average lifespan of a company on the S&P 500 has fallen to 20 years from more than 60 years in 1960. The power and influence of technology will increase as much in the next 18 months as it has in the last 30 years.

There is a lot of noise around the issue of robotics and manufacturing jobs, some of it appearing in national business magazines like Forbes and Fortune, and one of the ways to quiet the voices claiming that automation kills jobs is to review the last seven years and to point to real-life examples of robotics applications keeping companies competitive, Association for Advancing Automation (A3) President Jeff Burnstein said today here at the Automate conference.

Faurecia decided it needed to get serious about Industry 4.0 fast. To show the way, the French automotive supplier built a $64 million factory in Columbus, IN.