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If you look at all the companies that were on the Fortune 500 list in 1990, “a very large percentage of them are not there anymore,” David Brousell, executive director of the Manufacturing Leadership Council, told people attending his talk on “Manufacturing 4.0” at Oracle’s recent Modern Business Experience conference.

On-time delivery (OTD), a measurement of the level of finish goods or services delivered when promised and in full, is a signal of efficiency that reveals how well operations is doing.

Business France will in March wrap up its first accelerator “dedicated to the industry of the future in North America.” The 10-month program is specialized in monitoring and control tech, as well as data analytics.

The technology behind the rise of cryptocurrencies is widely expected to bring ‘a common source of truth’ to manufacturing.

When drilling a well, clearing a forest or excavating a building site, experienced operators count on their toughest equipment to help them get the job done.

Road to maturity involves safeguarding supply chains, treating security with the same urgency as safety, for starters.

If you’re feeling a bit overwhelmed by the prospect of Industry 4.0, and perhaps a bit sheepish about your lack of progress, you’ve got good company.

Connected manufacturing and digitization technologies are spurring many of the major innovations in CNC machine controls that help machine shops cut metal and create parts as quickly and efficiently as possible.

Sensors are making their way deeper into process manufacturing where they monitor PH levels in vinegar, ensure towering bins of sugar aren’t overfilled and measure humidity in bakeries. Sensors are even helping power better mousetraps.

Machine vision is proving ideal in helping humans perform tedious but crucial manufacturing tasks. That is why it is poised to grow significantly in the next few years.