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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.

Several years ago, a global commercial vehicle maker asked my firm to develop a remote fleet management, health and performance portal that would open a new revenue stream.

TRUMPF North America is embracing 3D printing, smart manufacturing and a vibrant workforce.

I’m among the first to dive into the latest manufacturing innovations and see how they can improve our customers’ operations. Yet, I’m also among the first to advise them to pause and ensure that the fundamentals of their manufacturing processes are in place before adding something new into the complex mix of functionality and desired outcomes.

It’s a familiar scenario at the factory. Quality issues have reared their ugly heads, requiring rework, causing backorders, delaying shipments, and driving tense daily customer calls. Meanwhile, the team works to address production issues using a mix of day-old post-mortem reports, shop-floor observations captured on notepads, and other operational data summarized on spreadsheets and sticky notes.

Defense systems are, by design, built to defend against threats. Today, however, manufacturers of these systems are focusing on an entirely new kind of threat: security breaches targeting their automation systems.

The first kilowatt-class fiber laser for material processing was introduced by IPG Photonics in early 2002. Since that time, the adoption of fiber lasers for production applications has grown at a rapid rate. Today, fiber lasers are becoming the choice for most major production laser applications as well as converting traditional welding and cutting processes to fiber laser technologies.

The low temperature intrinsic to solid-state printing processes allows manufacturers to weld layers of dissimilar metals without fear of metallurgical incompatibility issues.

It’s easy to become dazed by the continuing stream of buzz words. For those of us in manufacturing, all this buzz creates a sense of impending change, but no clarity on what that change might be. Uncertainty means anxiety.

Nearly a year ago, the world became aware of a new computer virus known as WannaCry. Many institutions were affected by the ransomware. It encrypted and locked a Microsoft Windows computing system and demanded payment.