Some of the key trends in manufacturing are brought about by convergence of the design and manufacturing industries. With manufacturers under more pressure than ever to deliver better products faster and at lower cost, the need to connect and automate design and manufacturing processes to reduce iterations, errors, and delivery times is becoming critical.
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Software AG (Frankfurt, MDAX: SOW) announced an original survey of over 125 North American manufacturers in the heavy industry and automotive sectors that revealed they are unable to scale their Industrial Internet of Things (IIoT) investments across their enterprises, and therefore are losing millions of dollars in potential profits while falling behind competitors that have invested in enabling technologies that support IIoT across the enterprise.
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A conversation between Inspekto CEO Harel Boren and Editor in Chief Brett Brune.
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.
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.
Twenty years ago, Open Mind first introduced CAM software capabilities to address five-axis machining in the mold and die industry and other general applications. Since that time five-axis technology has grown disproportionately larger when compared to the increase in overall manufacturing growth.
Listen up, major manufacturers and CAD vendors: You’ve got the whole world in your hands—the world in this case being the vision of the digitally connected enterprise and cyber-physical ambitions for Industry 4.0.