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.
Laser micro-cutting can increase precision and enable contactless cutting for machines, leading to higher-quality products.
Unlocking Efficiency: Revolutionizing Tooling Management for Manufacturing Excellence. Discover how advanced automation software and hardware solutions are transforming tool inventory control, enhancing productivity, sustainability, and cost-effectiveness on the shop floor.
Resurrecting Lost Parts: 3D Scanning's Game-Changing Solution
Manufacturers still haven’t reached the expected levels of success with Industry 4.0. Companies that jumped at the promise of Industry 4.0, adopting new technology and connecting more devices, did so without defining goals for these projects.
The U.S. is on its way to becoming a manufacturing powerhouse again, but the White House can do even more by pushing the industry to digitize operations.
Even early adopters of advanced manufacturing technologies are just starting to develop strategies. Implementation will require considerable time, resources, and commitment.
The idea of continuous improvement is logical but there are challenges to overcome.
A professor, who visited IMTS in September, discusses trends in machine tools.