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.
Effective milestones are an important part of a company’s development process, especially in today’s era of team-based sprints and stand-ups. Yet many companies struggle to successfully create and employ milestones; and some don’t even understand their relevance beyond updating senior leadership.
In IIoT-based smart factory setups, AI-enabled digital assistants are linked into all assets and
all data. It is this intelligence that takes the IIoT beyond data collection to predictions and decisions.
Two attorneys explain why a strong sales contract is a necessity in the metals industry.
In 2020, the ability for manufacturers to rapidly pivot to changing market demands and challenges became critical for success—and in many cases, survival.
When visiting some machine shops I hear PM, most commonly known as preventive maintenance, referred to as “postmortem,” as in, “We just run the machines until they die.”
Are you ready for metamorphic manufacturing, what some call the third wave of the industry’s digitization? If not, take in Contributing Editor Karen Haywood Queen’s expertly reported story.
To get to smart manufacturing, the industry needs integration, simulation and analysis.
Demand for automation and robots is surging in multiple industries, including automotive, writes the CEO of Thomas.com.
Living with the day-to-day reality of COVID-19 can be challenging for individuals. Running a business in this pandemic era is an order of magnitude harder.