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Time to Prepare, Not Panic, in 2020

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.

Mass customization will only work if we return the power to the people

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

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

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.

IoT + analytics = cool new stuff to sell

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.