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.
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.
The Fourth Industrial Revolution has begun, and there is wide agreement this revolution will involve cyber-physical systems with human-machine interaction and lots of data. But many still wonder what the revolution is about and what to expect as consumers and manufacturers.
As additive manufacturing emerges from a long infancy, the industry is grappling with a key challenge: A file format and design tools from the 20th century are being asked to do 21st century jobs.
The simple proposition that no two automation solutions using robotics are alike because no two manufacturing processes are identical presented a major challenge to Daniel Drennen of Deshazo LLC (Alabaster, AL).
The ongoing digital transformation of manufacturing comes baked-in with many uncertainties, and the automotive business is no exception.
PLM strategies move manufacturers ahead with improved simulations in the Digital Thread and the latest Industrial Internet of Things (IIoT) applications
ABB and Microsoft Corp. today announced a strategic partnership to help industrial customers create new value with digital solutions. Customers will benefit from the unique combination of Microsoft’s intelligent cloud and ABB’s deep domain knowledge and extensive portfolio of industrial solutions.
Innovate, Integrate, Collaborate are more than just marketing keywords. A number of metrology and software companies I visited at IMTS are putting their development dollars to work in these areas and showing off the results.
Cutting tool and tooling systems specialist Sandvik Coromant has unveiled its CoroPlus suite of Industrial Internet of Things (IIoT) solutions aimed at helping manufacturers prepare for Industry 4.0. The concept is designed specifically to improve the control of productivity and costs through a combination of machine connectivity and CoroPlus – the suite of connectivity solutions from Sandvik Coromant – helps manufacturers prepare for Industry 4.0 access to manufacturing data and expert knowledge.