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McDermott International is using Digital Twins to grow its business and to keep information flowing instead of trapped in silos.

More and more manufacturers are seeing productivity as a crucial factor to their business success. In the meantime, business models are changing from the large quantities and few variants to small quantities with frequently changed variants. This change requires high flexibility during production.

Well into the 21st century, the medical industry faces a host of intriguing challenges, from aging populations to a growing range of personalized and at-home diagnostic and care devices—all set against a backdrop of increasing digital collection, transfer and storage of sensitive patient data.

Speeding the flow of jobs through the shop, while maintaining top quality, ranks among the hallmarks of any successful manufacturing operation’s goals.

Hexagon Manufacturing Intelligence, a business unit of Hexagon AB, outlined its vision for the future of manufacturing at HxGN Live, the company’s annual digital solutions conference, held June 11-15 in Las Vegas.

When drilling a well, clearing a forest or excavating a building site, experienced operators count on their toughest equipment to help them get the job done.

Road to maturity involves safeguarding supply chains, treating security with the same urgency as safety, for starters.

If you look at all the companies that were on the Fortune 500 list in 1990, “a very large percentage of them are not there anymore,” David Brousell, executive director of the Manufacturing Leadership Council, told people attending his talk on “Manufacturing 4.0” at Oracle’s recent Modern Business Experience conference.

On-time delivery (OTD), a measurement of the level of finish goods or services delivered when promised and in full, is a signal of efficiency that reveals how well operations is doing.

The technology behind the rise of cryptocurrencies is widely expected to bring ‘a common source of truth’ to manufacturing.