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Ongoing exchange between CAD/CAM software technology developers and cutting tool manufacturers is an excellent illustration of how technology collaborations can create productivity gains in manufacturing. Several examples involve our company and cutting tool manufacturers.

February US cutting tool consumption totaled $190.12 million according to the US Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

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.

My original intention for this column was to discuss a phrase getting a lot of buzz lately, artificial intelligence (AI). By any measure, interest in AI is expanding exponentially, both in the number of articles one can read on the subject and, according to Google Trends, the number of searches for those articles.

Aerospace and defense manufacturing is known for its complex designs, continual changes and the need to negotiate tight margin requirements. At Elite Aviation Products (EAP), a division of Elite Aerospace Group (Irvine, CA), we face these challenges every day.

Manufacturing operations depend on getting the right information at precisely the right moment, ensuring that products get built on time, to quality specs. With the latest enterprise resource management (ERP) software, this critical data flow is often coming via the cloud, as more manufacturers become comfortable with it as a repository for key manufacturing information.

Q&A with Ben Mund, Senior Market Analyst, CNC Software Inc.

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.

If left on their own, material handling assets will slowly degrade and eventually fail, often at the most inopportune moment. But with a little planning, you can not only extend their useful life, you can also optimize performance.

Fives Machining Systems, Inc., a global machine tool and complete manufacturing solutions provider, has acquired Konecranes Machine Tool Service division.