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Five Suggestions for How to Retain Tribal Knowledge

What is tribal knowledge and why should a company care? It is valuable, exclusive information stored only inside someone’s mind and communicated only verbally (if at all). The “someone” may have played an important role in an organization for decades and knows a thing or two that the company treasures yet cannot duplicate.

To Prepare for Blockchain, First Check These Three Things

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.

Finding the Right Fit for Custom Products

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?

CAM Software Automates, Maximizes Five-Axis Machining

Implementing five-axis machining can be an excellent strategy for efficiently producing accurate, complex parts. However, it takes more than the right machine tool to realize the full potential of a five-axis process. In addition to the right machine, tooling and fixturing options, CAM software must be selected carefully.

Survey: Manufacturers Behind the IIoT Curve

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.