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The value-add of blockchain for businesses is estimated to grow into the trillions by 2030. Experts believe product recalls alone—estimated to cost $8 million today—could be practically eliminated through improved track and traceability enabled by blockchain.

Gear maker Osvald Jensen knew it needed to speed up work and improve its performance and productivity by shaving seconds off its run time while ensuring round-the-clock up-time on its machinery.

There is an ever-increasing demand for the individualization of products from today’s consumer. When consumers are able to get exactly what they want (shape, size, color) they are more satisfied and more likely to do repeat business. But how do you scale custom part production?

The Pittsburgh region is a hotbed of activity in robotics and AI. This activity includes research and technology companies that commercialize academic research and solve real world problems.

Manufacturers of all sizes see an uptick in productivity after adding a factory within a factory via an automated machining cell. The cells are small-scale, clearly defined production units, often for a family of similar parts or a product, and they typically include a robotic arm and one or more machine tools. These can include horizontal and vertical lathes, machining centers and grinders. The cell may also include a conveyor component.

More and more manufacturers are seeing productivity as a crucial factor to their business success. In the meantime, business models are changing from the large quantities and few variants to small quantities with frequently changed variants. This change requires high flexibility during production.

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.

There’s nothing mysterious about the need for calibration. As Michael Wilm, business manager for calibration products, Renishaw Inc., West Dundee, Illinois, put it: “When you get gas for your car, you count on the pump being calibrated. That’s why we calibrate machine tools. If you don’t calibrate a machine tool you have no idea it’s going to give you reliable service for manufacturing your product.”

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

Hexagon Manufacturing Intelligence, a business unit of Hexagon AB, outlined its vision for the future of manufacturing at HxGN Live, the company’s annual digital solutions conference, held June 11-15 in Las Vegas.