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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.

Methods Announces Mark Wright as President & CEO

Methods Machine Tools Inc., a supplier of precision machine tools and automation, announced that its Board of Directors has appointed Mark Wright as its President and Chief Executive Officer effective September 13, 2019. Wright will assume all operating functions of Methods Machine Tools Inc., including the Sudbury headquarters and all seven direct offices throughout the United States as well as its national distribution network.

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.

AM, Spare Parts, and the Rise of the Micro Factory

Manufacturing got smart when companies figured out how to make products in one market and sell them in another. Today, we call this supply chain logistics. But somewhere along the way, the innovation chain connecting supply (manufacturing) and logistics (the supporting infrastructure) started to diverge.

Flow Waterjet Ups the Ante with Joe Gibbs Racing

Kent, Wash.-based Flow International Corp., a developer and manufacturer of ultrahigh-pressure waterjet solutions for cutting applications, announced a new partnership with Joe Gibbs Racing. A current competitor in the NASCAR Monster Energy Cup Series and The NASCAR Xfinity Series, North Carolina-based Joe Gibbs Racing is looking to Flow’s elite waterjet technology to support the team’s endeavors in the upcoming 2019 season and beyond.

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.

Mazak DISCOVER 2019 Draws Thousands of Attendees

More than 2,000 manufacturers from across North America attended Mazak Corporation’s DISCOVER 2019 event held November 5-7 and 12-13 at the company’s North American Manufacturing Headquarters in Florence, Ky.