In competitiveness studies for economic development projects, a strong workforce is always one of the leading factors for a project win. A talented workforce is also necessary when a company is evaluating expansion opportunities.
The current COVID-19 experiences have energized many conversations about our futures in the post-COVID world, and that includes the future of manufacturing.
Many process manufacturing companies are on the path to digitization and have piloted analytics to improve operational performance and improve their competitive edge.
Key steps are virtual twins and real relationships.
Bosch said it is moving forward with volume production of silicon carbide chips.
Sandvik Coromant’s Package Selector Application analyzes a 3D CAD model of a product and recommends the smallest packaging possible using an AI algorithm that calculates the product’s rotation.
The acquisition of CAD/CAM pioneer Mastercam by Sandvik Manufacturing Solutions will help further tooling developments.
While fossil fuels dominate the energy market, expect a new mix of parts as renewable energy and EVs grow in market share.
A technological transformation at renewable energy firm Siemens Gamesa will enable real-time reporting and digital enabling of its workforce.
Because its president saw opportunities to improve efficiency and an immediate need to make up for capacity lost due to impending worker retirements, Daiwa Steel Tube is set to save more than $1 million a year.
