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Fiber Lasers Continue to Gain Market Share in Material Processing Applications

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 Bumpy Road to Recovery

Buckle Up, it’s going to be a bumpy ride to economic recovery—but, hopefully, a relatively short one.

Getting Back to Sort-Of Normal

With vaccinations on the rise, the in-person collaboration that is still essential to doing business, including trade shows, is growing. But challenges to recovery from the pandemic remain. Global supply chains are struggling with multiple disruptions. Shipping rates are historically high. Computer chip shortages are curbing output.

Drive for EVs Challenges Auto Industry as Never Before

Automakers during this decade face a big challenge. They are having to invest in electric vehicles. But EVs, at least for now, won’t generate the profits of conventional vehicles, according to an annual report by consulting firm AlixPartners.

Securing OT in the Energy and Utilities Sector

Convergence-enabled cyberattacks—where criminals exploit traditionally isolated operational technology (OT) devices through their new connections to the IT network—may be motivated by the desire to hijack and demand ransom for services, steal trade secrets through industrial or national cyberespionage, or commit cyberterrorism or engage in cyberwarfare.

Software: The Road to Zero Defects

Reducing the risk of automotive defects is one of the most critical issues facing manufacturers today – to protect the well-being of consumers, as well as their own reputations and financial health.