The current COVID-19 experiences have energized many conversations about our futures in the post-COVID world, and that includes the future of manufacturing.
Many process manufacturing companies are on the path to digitization and have piloted analytics to improve operational performance and improve their competitive edge.
Key steps are virtual twins and real relationships.
Sandvik Coromant’s Package Selector Application analyzes a 3D CAD model of a product and recommends the smallest packaging possible using an AI algorithm that calculates the product’s rotation.
The acquisition of CAD/CAM pioneer Mastercam by Sandvik Manufacturing Solutions will help further tooling developments.
While fossil fuels dominate the energy market, expect a new mix of parts as renewable energy and EVs grow in market share.
A technological transformation at renewable energy firm Siemens Gamesa will enable real-time reporting and digital enabling of its workforce.
Mold-and-die shops thrive on the latest technology in tooling, software, and machines. Process success often depends on using best-in-class solutions from the past as well as from the latest advances of today. New ways of using older technologies often depend on advances in enabling technologies.
Because its president saw opportunities to improve efficiency and an immediate need to make up for capacity lost due to impending worker retirements, Daiwa Steel Tube is set to save more than $1 million a year.
Sandvik has signed an agreement to acquire 67 percent of Chuzhou Yongpu Carbide Tools Co., Ltd, a China-based maker of solid round tools, with a call option to buy the remaining part in three years.
