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Software AG (Frankfurt, MDAX: SOW) announced an original survey of over 125 North American manufacturers in the heavy industry and automotive sectors that revealed they are unable to scale their Industrial Internet of Things (IIoT) investments across their enterprises, and therefore are losing millions of dollars in potential profits while falling behind competitors that have invested in enabling technologies that support IIoT across the enterprise.

Some of the key trends in manufacturing are brought about by convergence of the design and manufacturing industries. With manufacturers under more pressure than ever to deliver better products faster and at lower cost, the need to connect and automate design and manufacturing processes to reduce iterations, errors, and delivery times is becoming critical.

For decades, plant personnel have performed insulation resistance tests with handheld megohmmeters to prevent motor failures that lead to costly unplanned shutdowns, failure-to-produce penalties and rewinding repairs. However, these tests only provide a “snapshot” of motor health. In a matter of days, motor windings and cables exposed to moisture, chemicals, contaminants or vibration can be compromised and fail at startup.

Amid vigorous growth in their industry, product lifecycle management (PLM) software developers are exploiting the cloud and machine learning to manage data and enhance the users’ experience.

Convergence-enabled cyberattacks—where criminals exploit traditionally isolated operational technology (OT) devices through their new connections to the IT network—may be motivated by the desire to hijack and demand ransom for services, steal trade secrets through industrial or national cyberespionage, or commit cyberterrorism or engage in cyberwarfare.

McDermott International is using Digital Twins to grow its business and to keep information flowing instead of trapped in silos.

Well into the 21st century, the medical industry faces a host of intriguing challenges, from aging populations to a growing range of personalized and at-home diagnostic and care devices—all set against a backdrop of increasing digital collection, transfer and storage of sensitive patient data.

Speeding the flow of jobs through the shop, while maintaining top quality, ranks among the hallmarks of any successful manufacturing operation’s goals.

Maybe your company specializes in aerospace or medical components, and you need to produce complex geometries in metals too tough to cut via conventional machining methods.

Reducing the risk of automotive defects is one of the most critical issues facing manufacturers today – to protect the well-being of consumers, as well as their own reputations and financial health.