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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.

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.

Companies like ABB, Balluff and Sick would be within their rights to film a commercial with exuberant sensor product managers breaking out in a song of cheer.

What is good about inventory? Being able to find a part when you need it. What’s not so good about inventory? Where to even start…

Manufacturers are always looking for signs of what the economy and the business outlook have in store for them. Since the election of President Trump and, more recently, passage of the tax reform law in December, confidence among businesses of all sizes has been overwhelmingly positive.

I’ve had quite a month, again, covering clever software and gadgets that continue to inch their way into performing tasks once reserved for humans. These tasks range from mundane material handling to highly skilled engineering design. It has made me think quite a bit about how our world of manufacturing and engineering will be affected by all this artificial cleverness.

Analytics solutions. The industrial Internet of Things. Robotics. Automation. Manufacturers looking for tech solutions that will help them control costs and gain a competitive edge have many great options. In fact, deciding what type of technology to invest in and why can seem overwhelming.

Digitization of industry has become an established global trend. Despite all the enthusiasm of visionaries, the machine tool is, was and will remain the core element in production.

What does a submarine operating underwater have in common with a metal stent propping open a human artery? More than you’d think initially.

Throughout 2018, SME has published a series of Smart Manufacturing Industry Reports, with the third being released at IMTS this month. The reports, available at sme.org/reports, detail the necessity and advantages of smart manufacturing, the challenges to implementing digital solutions, and, finally, keys to implementing the technologies and tools.