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Digitization of industry has become an established global trend. Despite all the enthusiasm of visionaries, the machine tool is, was and will remain the core element in production.

The average lifespan of a company on the S&P 500 has fallen to 20 years from more than 60 years in 1960. The power and influence of technology will increase as much in the next 18 months as it has in the last 30 years.

The partnership is intended to lay the foundation for the two companies to fulfill their shared vision of incorporating additive manufacturing into the traditional manufacturing workflow, helping it to become a universally recognized production practice which can benefit multiple industries, including aerospace, automotive, transportation, energy and industrial tooling.

The Fourth Industrial Revolution has begun, and there is wide agreement this revolution will involve cyber-physical systems with human-machine interaction and lots of data. But many still wonder what the revolution is about and what to expect as consumers and manufacturers.

The simple proposition that no two automation solutions using robotics are alike because no two manufacturing processes are identical presented a major challenge to Daniel Drennen of Deshazo LLC (Alabaster, AL).

Entrepreneurs and existing manufacturers are making 3D printers that automate production of composite parts, and are unique in their design.

Siemens’ product lifecycle management (PLM) business announces a new comprehensive solution to unleash the full potential of the burgeoning additive manufacturing revolution. The new solution, which will begin rolling out in January, 2017, is comprised of integrated design, simulation, digital manufacturing, data and process management software.

GE (NYSE: GE), the world’s leading digital industrial company, has reached an agreement to acquire a 75% stake in Concept Laser GmbH for $599 million (€549 million). The agreement allows for GE to take full ownership in a number of years.

The ongoing digital transformation of manufacturing comes baked-in with many uncertainties, and the automotive business is no exception.

Daimler may be the first vehicle maker to offer 3D-printed replacement parts, but racing enthusiasts and car collectors like Jay Leno have been using additive manufacturing and 3D scanning for many years to replace worn-out parts or to enhance their rides.