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Manufacturing Engineering asked thought leaders at five companies for their views on challenges and trends facing the metalworking industry.

More shops than ever are embracing waterjet cutting systems. And for the most part, the reason is that a number of customer-driven improvements/innovations to waterjet technology make it even more user friendly, productive and appealing to an ever-broadening array of manufacturers.

There have been many process improvement trends in manufacturing over the decades, and none have had more significant ROI than machine monitoring. The increase in machine monitoring is owed in large part to the rise in popularity of the open and royalty-free interconnectivity standard MTConnect.

Additive will provide a simpler, more responsive supply chain for high-value parts, according to Velo3D CEO Benny Buller.

Robots simply are not used as widely as they could be, due to persistent barriers.

EV manufacturers must overcome a unique set of challenges to meet future customer expectations. Among them is the challenge to create innovative designs that meet safety requirements, performance criteria and keep costs down in the face of growing competition and a widening skills gap.

An engine manufacturer discovers there is a way to reduce 50 billion data points to 2 billion—a reasonable number from which the foundation for machine learning can be built.

A new breed of turbochargers constructed of super tough alloys operates at higher temperatures and rotational speeds than ever before, resulting in greatly increased output in a smaller package for gas and diesel engines alike.

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.

Artificial intelligence will go long way to imbue data management with trust.