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.
Digitization of industry has become an established global trend. Despite all the enthusiasm of visionaries, the machine tool is, was and will remain the core element in production.
The Fourth Industrial Revolution has begun, and there is wide agreement this revolution will involve cyber-physical systems with human-machine interaction and lots of data. But many still wonder what the revolution is about and what to expect as consumers and manufacturers.
As additive manufacturing emerges from a long infancy, the industry is grappling with a key challenge: A file format and design tools from the 20th century are being asked to do 21st century jobs.
The simple proposition that no two automation solutions using robotics are alike because no two manufacturing processes are identical presented a major challenge to Daniel Drennen of Deshazo LLC (Alabaster, AL).
Entrepreneurs and existing manufacturers are making 3D printers that automate production of composite parts, and are unique in their design.
The ongoing digital transformation of manufacturing comes baked-in with many uncertainties, and the automotive business is no exception.
It’s been almost two decades since the C5 Corvette hit the streets with its groundbreaking chassis built around hydroformed steel bumper-to-bumper frame rails. The technology gave engineers a chance to create components that were both lighter and stiffer than traditional stamped and welded assemblies.
PLM strategies move manufacturers ahead with improved simulations in the Digital Thread and the latest Industrial Internet of Things (IIoT) applications
Researchers at Rice University (Houston) have discovered a titanium-gold (TiAu3) alloy that is harder than most steels and may be an optimal choice for use in orthopedic joint replacement surgery.