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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.

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.

Blockchain technology is becoming a key player in modernizing supply chains to enable easy tracking, automate transactions and delivery, and build end-to-end trust, Chandra Narayanaswami, principal research staff member, Member IBM Academy of Technology at IBM Research, told people attending a smart manufacturing session at the MD&M West conference here last week.

Indianapolis-based Hurco introduces the Hurco MAX5 control with the new 3D Import feature that includes 3D DXF technology. This control feature allows the user to simply load the file they receive from their customer directly into the Hurco control.

The human factor is sometimes just too cumbersome in manufacturing. Take the German chipmaker Infineon: By using an autonomous robot called Scout from MetraLabs for the last several years, the automotive supplier shrank to 10 from 300 the number of minutes it takes to collect the clean-room data needed to measure the presence of rare gases in the air.

The industrial revolution of today, called Industry 4.0, is driven by the interconnectedness of advanced technology, automation, robotics, and real-time data, also called the Internet of Things (IoT). While these cyber-physical systems can autonomously exchange information to trigger actions and make decentralized decisions, it’s impossible to dismiss the importance of the human element in manufacturing.

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.