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SHANGHAI—The $150 million “factory of the future” that the Swiss innovator ABB announced nearly a year ago is becoming reality in this enormous city’s Pudong New Area.

For machine shops in a competitive global marketplace, keeping spindles running and making product is the only way to stay in business. Still, adding a new piece of equipment, even with the promise of improving the efficiency of your existing ones, may be a difficult sell to management.

There is no shortage of competition in a global market. As a manufacturer trying to get ahead of the pack, automation can help with problems like a limited skilled labor force, quality control issues and suboptimal throughput. But the high initial cost and extended implementation time can be deterrents.

Cyber criminals are increasingly setting their sights on today’s digitized manufacturing industry as an entry point into government and commercial supply chains.

As with any digital transformation process, the devil is in the details, and there are many potential pitfalls that can derail projects.

The bane of modern engineering is complexity. One promise of artificial intelligence and machine learning is helping engineers to use complex tools and harness vast data sets effectively.

With the new ByStar Fiber 12kW, high speeds and a large spectrum of applications are possible. The ByStar Fiber from Bystronic is being enhanced with a 12kW Fiber laser and a newly designed cutting head which enables the “BeamShaper” option, enabling consistent cutting quality on varied material qualities up to 1.125 inches.

SyncFab will give more than 1,300 National Tooling and Machining Association (NTMA) members access to its advanced manufacturing blockchain platform, the company said today. As the national representative of the precision custom manufacturing industry, NTMA members generate more than $30 billion in sales combined.

GF Machining Solutions will unveil four new products for the first time in North America at its 2019 GF Solutions Days: the AgieCharmilles CUT C 350; the Microlution ML-10 and MLTC; and the DMP Flex 350.

Smart sensors, already an integral feature of many manufacturing plants that are integrating IT and OT, are now making their way into the supply chain where they monitor reliability and shipping conditions, improve predictive maintenance and make just-in-time delivery (the innovation from the 1980s) easier.