When considering a new robotic automation system, one of the biggest concerns can be the weight of the initial costs. While such a large capital expense may be hard to swallow at first, it’s industry-proven that manufacturers see an average ROI of 24 months from robots.
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Automotive manufacturers and their Tier One suppliers spend endless engineering hours developing the PAB (passenger airbag) system, from the airbag and its propellant to the construction of the materials used in the composite instrument panel.
Intelligent factories have existed since manufacturing’s historical inception, but intelligence—defined as the acquisition and application of manufacturing knowledge—resided only with the factory’s staff.
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.
Winthrop Sheldon of SLM Solutions spoke with Editor in Chief Brett Brune at the Aerodef 2017 conference in Texas.
Contract manufacturers, aka job shops, are the heart and soul of US manufacturing. Their survival and success are imperative.
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.