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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.

Makers of workholding devices face a moving target. The machine tools they work with are changing. There’s more high-speed machining. More high-feed machining. More multi-axis machines. New uses of coolant to reduce temperatures during cutting operations.

The energy industry is often at the forefront of our minds as we watch fuel prices climb and then celebrate when they come down. We continually find ways to be as energy efficient as possible in our homes and workplaces. Media outlets keep us constantly informed of this often-volatile industry’s ups and downs.

Mazak Corporation has announced its acquisition of MegaStir, a supplier of friction stir welding (FSW) tools and technology located in Provo, Utah.

After petroleum prices collapsed in the mid-2010s, shale oil and gas producers responded to the down-swing by borrowing techniques and technology from the energy sector’s offshore well operations, manufacturing, and even the medical industry to increase efficiency.

Cofounder Johannes Trabert, who lives a poetic life in the Thuringian Forest, says the future will be focused on ‘the clever share of work’ between humans and robots.

The rules of thumb for shops experienced in five-axis machining aren’t any different from those for first- time users of this sophisticated machining process. The difference is that the experienced shop has already traveled the learning curve for five-axis machining.

Various industries are still struggling with automation despite long-standing efforts, consulting McKinsey & Co. said in a report.

Whether your shop produces plastic injection molds, does tool and die work, or wire-cuts precision features on medical and aerospace components, you’ll want to check out the latest and greatest in EDM technology at IMTS 2018. More than two dozen exhibitors will be there, demonstrating larger, faster machine tools along with innovative ways to make them more productive.

Machine tool orders fell slightly on a monthly basis in July but posted a solid gain compared with a year earlier.