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.
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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.
What does a submarine operating underwater have in common with a metal stent propping open a human artery? More than you’d think initially.
A decade removed from the Great Recession, the U.S. job market is thriving. Because employers are struggling to fill empty positions, they must explore other ways to increase production needs.
Artificial intelligence will go long way to imbue data management with trust.
With the September issue, Smart Manufacturing introduces Collective Intelligence, a new initiative under which we gather experts in one room to go deep on one important topic. We focused this first roundtable on the intractable problem of the workforce skills gap.
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.
As the momentum to go green continues to build across the globe, the number of environmental regulations for reducing hazardous substances keeps growing. At the same time, more and more customers are now setting their own environmental requirements, adding more complexity to the mix.
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.
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.