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For machine shops in a competitive global marketplace, keeping spindles running and making product is the only way to stay in business. Still, adding a new piece of equipment, even with the promise of improving the efficiency of your existing ones, may be a difficult sell to management.

We all know the buzzwords circulating around digital data and the factory. You have heard them—Industry 4.0, smart factories, data analytics, and artificial intelligence (AI). The question we all have is how will this impact workers in the long term? What do these terms really mean? Nevertheless, both traditional software suppliers and makers of advanced manufacturing equipment are offering digital solutions.

Remember the boy with endless learning capacities in the 2001 film “AI Artificial Intelligence”? He’s quickly coming to life. Today, AI is no longer fictional; it’s reality.

The Digital Manufacturing and Design Innovation Institute (DMDII) today kicked off a new cybersecurity initiative focused on manufacturing.

Artificial Intelligence is weaved in with capacity management, cybersecurity, data science, diagnostics, ERP-PLM integration, location analysis, machine learning, predictive maintenance, process optimization, situational awareness and supply chain management.

The road to manufacturing success today runs through the mountain of data that tools are generating in metalcutting applications, and most importantly communicating and reacting to in real time on the shop floor.

Flexibility has come to automation, perhaps as never before. And for industries that require precision machining, assembly, and measurement, automation technologies have never been more available.

The U.S. Department of Defense (DoD) is set to award $10 million in funding this year to the Digital Manufacturing and Design Innovation Institute (DMDII) here, UI Labs CEO Caralynn Nowinski Collens, said this morning. UI Labs is DMDII’s parent organization.

Smart factory systems benefit from improved technologies, as well as proven applications.

SME is publishing 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 advantages of smart manufacturing, the challenges to implementing digital solutions, and, finally, keys to implementing the technologies and tools.