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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.

Gear maker Osvald Jensen knew it needed to speed up work and improve its performance and productivity by shaving seconds off its run time while ensuring round-the-clock up-time on its machinery.

There is an ever-increasing demand for the individualization of products from today’s consumer. When consumers are able to get exactly what they want (shape, size, color) they are more satisfied and more likely to do repeat business. But how do you scale custom part production?

The Pittsburgh region is a hotbed of activity in robotics and AI. This activity includes research and technology companies that commercialize academic research and solve real world problems.

Connected manufacturing and digitization technologies are spurring many of the major innovations in CNC machine controls that help machine shops cut metal and create parts as quickly and efficiently as possible.

Blockchain technology is becoming a key player in modernizing supply chains to enable easy tracking, automate transactions and delivery, and build end-to-end trust, Chandra Narayanaswami, principal research staff member, Member IBM Academy of Technology at IBM Research, told people attending a smart manufacturing session at the MD&M West conference here last week.

Indianapolis-based Hurco introduces the Hurco MAX5 control with the new 3D Import feature that includes 3D DXF technology. This control feature allows the user to simply load the file they receive from their customer directly into the Hurco control.

Business France will in March wrap up its first accelerator “dedicated to the industry of the future in North America.” The 10-month program is specialized in monitoring and control tech, as well as data analytics.

Sensors are making their way deeper into process manufacturing where they monitor PH levels in vinegar, ensure towering bins of sugar aren’t overfilled and measure humidity in bakeries. Sensors are even helping power better mousetraps.

Aging assets have long been the culprits behind common supply chain disruptions like unexpected downtime and production delays. They can have a direct impact on revenues and service levels, and the older they get, the more costly the risks they pose are.