FANUC has made real one of the promises of Industry 4.0, that of predictive maintenance for factory equipment, with its Zero Down Time IoT solution. ZDT can be applied to any of FANUC’s robotic arms and their peripherals.
If you look at all the companies that were on the Fortune 500 list in 1990, “a very large percentage of them are not there anymore,” David Brousell, executive director of the Manufacturing Leadership Council, told people attending his talk on “Manufacturing 4.0” at Oracle’s recent Modern Business Experience conference.
Hybrid manufacturing—using one machine to perform both additive and conventional subtractive manufacturing processes—is gaining traction across manufacturing sectors, allowing companies to leverage the benefits of both.
By Karen Haywood QueenContributing Editor,SME Media
Before harmonizing new technology onto the manufacturing floor, critical steps include determining the business problems to be solved and securing buy-in from all stakeholders, industry leaders said recently during an AeroDef conference panel talk on manufacturing production harmonization.
Listen up, major manufacturers and CAD vendors: You’ve got the whole world in your hands—the world in this case being the vision of the digitally connected enterprise and cyber-physical ambitions for Industry 4.0.
Brett Brune - Editor in Chief, Smart Manufacturing
The value-add of blockchain for businesses is estimated to grow into the trillions by 2030. Experts believe product recalls alone—estimated to cost $8 million today—could be practically eliminated through improved track and traceability enabled by blockchain.
What is tribal knowledge and why should a company care? It is valuable, exclusive information stored only inside someone’s mind and communicated only verbally (if at all). The “someone” may have played an important role in an organization for decades and knows a thing or two that the company treasures yet cannot duplicate.
There is an ever-increasing demand for the individualization of products from today’s consumer. When consumers are able to get exactly what they want (shape, size, color) they are more satisfied and more likely to do repeat business. But how do you scale custom part production?
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.
Kristen Letelier - Senior Manager Operations Program Management, Raytheon Space and Airborne Systems
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