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Siemens Expanding Investments in US Digital Capabilities; Announces $175 Million R&D Ramp Up

At the Digital Manufacturing and Design Innovation Institute (DMDII) in Chicago on March 27, Siemens demonstrated its approach to the “Fourth Industrial Revolution.” At its annual U.S. Innovation Day, Siemens demonstrated real-world applications of digital solutions that it says will reduce costs, increase speed, develop new business models, and improve quality of life.

Solving the Shop-Floor Data Analysis Puzzle

As the move toward a more connected manufacturing industry gains momentum and manufacturers start collecting factory-floor data, the need for fast, efficient data analysis becomes ever more critical.

Narrowing the Skills Gap

Technological gains, young ambassadors, apprenticeships help. But manufacturers’ training investment remains a problem.

Smart Tools’ Target: Data Analysis, Not Paralysis

The road to manufacturing success today runs through the mountain of data that tools are generating in metalcutting applications, and most importantly communicating and reacting to in real time on the shop floor.