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New ERP solutions refute the software’s "complex and unwieldy" reputation.

To Reflect Maturity of IoT Marketplace, places new focus on technology innovation that fosters business transformation

An engine manufacturer discovers there is a way to reduce 50 billion data points to 2 billion—a reasonable number from which the foundation for machine learning can be built.

Includes new functions for efficient electrical and automation design of industrial equipment

Advances in software and digital tools

To assist manufacturers on their Industry 4.0 journey, global engineering technologies company Renishaw has partnered with the Connecticut Center for Advanced Technology. Renishaw provided the center with industrial metrology and additive manufacturing equipment to help companies adopt new manufacturing strategies and accelerate implementation of new digital technologies.

When fully integrated with 5G and MEC, manufacturers should be able to accurately track costs using computer vision and launch immersive collaboration and training with the help of augmented reality.

Sandvik will acquire DWFritz Automation, a U.S.-based provider of precision metrology, inspection and assembly solutions for advanced manufacturing. DWFritz designs, builds and supports high-speed, non-contact metrology solutions and automation systems.

I experienced the end of the Third Industrial Revolution as I began my career in manufacturing. Closed government and private networks gave way to an open network called the Internet.

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.