Claudia Jarrett, U.S. country manager at automation parts supplier EU Automation, explains why robots are more than affordable for small and mid-sized enterprises (SMEs).
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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.
This is the first in a series of articles that will cover the accelerating improvement in manufacturing technology.
At a Tier 1 automotive manufacturer in Mexico, it quickly became clear that AI in the factory was a fantastic solution to help human workers achieve greater levels of success; a human plus machine scenario where AI enhances the capabilities of, rather than replaces, human workers.
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.
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.
Several years ago, a global commercial vehicle maker asked my firm to develop a remote fleet management, health and performance portal that would open a new revenue stream.
Being a competitive player in the aerospace and defense industry is no small feat. In an industry in which you need to be accountable for every piece of an assembly, meeting customer expectations and requirements can be daunting tasks.
The US Department of Defense (DoD) is keen on exploring the implementation of additive equipment in the battlefield and shipboard for quick-turn part fabrication.
The value-add of blockchain for businesses is estimated to grow into the trillions by 2030. Experts believe product recalls alone—estimated to cost $8 million today—could be practically eliminated through improved track and traceability enabled by blockchain.