With the rapid evolution in engine and powertrain technology occurring in the market today, it is imperative for production machine suppliers to respond to the changing needs of their customers without sacrificing the core concepts of quality and service.
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Mention “aerospace” and most thoughts run immediately to exotic alloys, ultra-precision machining systems, sophisticated electronics and a host of other high-tech subjects. There is more to the story, particularly where passenger aircraft are concerned.
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.
Reducing the risk of automotive defects is one of the most critical issues facing manufacturers today – to protect the well-being of consumers, as well as their own reputations and financial health.
Before we delve into what’s ahead in the automotive industry for 2019, first let’s look at what is not going to happen this year. Autonomous vehicle technology – although it’s devouring a lot of venture capital money – is not going to be the next big thing in automotive, with a few caveats.
What do you think of when you hear the word factory? Probably some huge space, with machines humming and personnel walking around with notepads in their hands.
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.
What is tribal knowledge and why should a company care? It is valuable, exclusive information stored only inside someone’s mind and communicated only verbally (if at all). The “someone” may have played an important role in an organization for decades and knows a thing or two that the company treasures yet cannot duplicate.
FABTECH is coming to my home town, Chicago, and I’m looking forward to it. Along with IMTS and EMO, it’s one of the top-shelf manufacturing trade shows and it’s big enough to keep people coming back every year to see new technology, get educated and network with their peers.
Having a plan for maintaining and improving the performance and reliability of every machine on a shop floor is vital to manufacturing operations. Reliable machines make short-notice production runs possible. And the more flexible manufacturers are, the more new customers they’ll attract.