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When is it best to make your own components?

Most manufacturers have relied on third-party vendors to make parts that are then incorporated into the final product. From automakers sourcing stereos and aircraft makers contracting for jet engines to a small bakery ordering plastic bags or a woodshop buying nails, producers of all types have supplemented their internal capabilities through a painstakingly developed supply chain of external vendors.

AI Enables Smarter Assembly, Superior Products

The next cycle of technology disruption is upon us. Artificial Intelligence (AI) is taking hold in every industry and manufacturing is no exception. AI enables companies—from medical device and electronics manufacturers to pharmaceutical firms—to leverage their Big Data and IoT investments to see new patterns and insights and to perform tasks more efficiently and quickly than ever before.

Wanna mitigate cyber risk? Seven precautions to take

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.