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The concepts Industry 4.0 in Europe, Made in China 2025 and smart manufacturing in the U.S. “all share a common goal—to create cyber-physical systems to innovate in manufacturing,” IDC's Bob Parker said at Dassault Systèmes’ recent Manufacturing in the Age of Experience event. “And it’s really dependent on a set of new technologies like IoT (the Internet of Things) and artificial intelligence (AI).”

The $150 million “factory of the future” that the Swiss innovator ABB announced a year ago is becoming reality in this enormous city’s Pudong New Area.

Having a plan for maintaining and improving the performance and reliability of every machine on a shop floor is vital to manufacturing operations. Reliable machines make short-notice production runs possible. And the more flexible manufacturers are, the more new customers they’ll attract.

There is still a lot of talk about breaking down the “silos” within a manufacturing enterprise. Siemens, like other software providers, is trying to address the problem by offering toolsets that are easier to integrate and work together.

The future of the auto industry is interesting but uncertain. No one knows how quickly electric vehicles are going to replace gasoline- and diesel-powered vehicles, how completely it will happen, and when it will occur in passenger cars as opposed to SUVs and heavy trucks.

In the age of Industry 4.0 and the digital thread, computer-aided design (CAD) data exchange should be open and seamless because it happens daily in a multi-tiered supplier ecosystem and so much interoperability depends on it. But we are not there yet.

In the fast-changing world of motorized vehicle manufacturing, supply chain companies are now offering numerous software suites, bringing digitalization software and customizable applications to machine tool builders, alongside CNC hardware and operating software.

The well-established field of laser marking continues to break new ground with expanding business opportunities in automotive, oil and gas, medical and other industries.

SyncFab will give more than 1,300 National Tooling and Machining Association (NTMA) members access to its advanced manufacturing blockchain platform, the company said today. As the national representative of the precision custom manufacturing industry, NTMA members generate more than $30 billion in sales combined.

Precision Tool Technologies Inc., Brainerd, Minn., is a manufacturer and distributor of high quality products and services for wholesale optical laboratories and retail optical industries.