In a recent LNS Research study on the Industrial Internet of Things (IIoT) and Digital Transformation, the top two challenges facing the adoption of IIoT technology are finding the budget to invest (32% of respondents) and building the business case (30% of respondents).
Cutting tool maker Shape-Master Tool Co. (Kirkland, IL) needed to expand its tool grinding capability beyond that of its conventional machines or run the risk of losing work to the competition.
The partnership is intended to lay the foundation for the two companies to fulfill their shared vision of incorporating additive manufacturing into the traditional manufacturing workflow, helping it to become a universally recognized production practice which can benefit multiple industries, including aerospace, automotive, transportation, energy and industrial tooling.
Oerlikon announced today that it will be building a new state-of-the-art manufacturing facility in Plymouth Township, Michigan, USA, dedicated to producing advanced materials for additive manufacturing and high-end surface coatings.
With all of its accomplishments – including world’s largest defense contractor, and a presence in all 50 states and 70 countries – you might think Lockheed Martin (Bethesda, MD) would already have mastered additive manufacturing.
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.
You don’t have to look too far to find the reasons for the growth of fiber lasers for production applications. On price per watt, beam quality, electrical consumption, and maintainability required, fiber lasers typically score the lowest on the cost side and very high on the performance side.
GE (NYSE: GE), the world’s leading digital industrial company, has reached an agreement to acquire a 75% stake in Concept Laser GmbH for $599 million (€549 million). The agreement allows for GE to take full ownership in a number of years.
Entrepreneurs and existing manufacturers are making 3D printers that automate production of composite parts, and are unique in their design.
Siemens’ product lifecycle management (PLM) business announces a new comprehensive solution to unleash the full potential of the burgeoning additive manufacturing revolution. The new solution, which will begin rolling out in January, 2017, is comprised of integrated design, simulation, digital manufacturing, data and process management software.
