ISM Forecasts Manufacturing to Expand in 2020 December 11, 2019 Manufacturing should expand in the first half of 2020, including increased revenue for companies, the Institute for Supply Management said this week in a semi-annual forecast.
Machine Tool Orders Post Monthly Gain in October December 10, 2019 Machine tool orders posted a small gain in October, helped by a boost from machine shops and the auto industry, according to a monthly report.
NAMRC 47: Innovations in Manufacturing Research December 5, 2019 The North American manufacturing Research Institution of SME (NAMRI | SME) held its 47th annual conference on manufacturing research (NAMRC 47) in Erie, Pa., from June 10-14.
Time to Prepare, Not Panic, in 2020 November 26, 2019 Expect at least two recessions, or downturns in GDP growth, in the next few years. That is the prediction of Brian Beaulieu, CEO and chief economist for ITR Economics.
Hexagon and University of Rhode Island Form Collaborative Partnership for Advanced Manufacturing November 15, 2019 Hexagon's Manufacturing Intelligence division announced today it has formed a collaborative partnership with the University of Rhode Island, College of Engineering.
Mass customization will only work if we return the power to the people October 16, 2019 As I walked the floor this spring at North America’s largest trade show for automation technologies, Industry 4.0 was on everybody’s lips. One of the more complex of our industrial revolutions, Industry 4.0 has been about the Internet of Things: digitizing and connecting things.
One way to calculate business value with AM October 16, 2019 For years, companies have struggled to understand how additive manufacturing (AM) can add value to their businesses. This makes sense because for a long time, additive tech didn’t meet the threshold for producing industrial-grade parts.
At long last, IoT is breaking down walls between IT, OT October 16, 2019 With an influx of investment in digital factories, the playing field is changing and the ROI for digitizing production is becoming ever more apparent. However, restraints, such as company size and a disconnect between IT and OT, means the road to a successful digital transformation is one very few will be able to do alone.
Hey, machining automation is growing up. Time to mark ‘2.’ October 16, 2019 The second level of machining automation is here. It may not be at every shop or factory yet, but it’s coming.
IoT + analytics = cool new stuff to sell October 16, 2019 Put the paper and pencil away. Hybrid data management and analysis systems-where users combine paper tracking with computer processing-are no longer meeting the needs of manufacturers for speed, accuracy, traceability and compliance with regulations.
