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Amid vigorous growth in their industry, product lifecycle management (PLM) software developers are exploiting the cloud and machine learning to manage data and enhance the users’ experience.

Convergence-enabled cyberattacks—where criminals exploit traditionally isolated operational technology (OT) devices through their new connections to the IT network—may be motivated by the desire to hijack and demand ransom for services, steal trade secrets through industrial or national cyberespionage, or commit cyberterrorism or engage in cyberwarfare.

McDermott International is using Digital Twins to grow its business and to keep information flowing instead of trapped in silos.

Implementing a comprehensive laser cutting system is not a task for the faint of heart. In addition to the financial outlay, requirements include planning for a complete system, not just the laser, according to Dustin Diehl, laser division product manager, Amada America Inc., Buena Park, Calif.

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.

Increases in size and quantity of its orders led Wisconsin-based auto parts manufacturer Felss Rotaform LLC (New Berlin, WI) to expand operations through a new dual-robot machine-tending cell. The company is a supplier of precision parts using its rotary swaging, axial forming and tube end-forming processes.

Universal Robots (UR, Odense, Denmark) was one of the pioneers of today’s modern field of collaborative robots (cobots) with the launch of the UR5 robot in 2008, however the company didn’t rest on its laurels at IMTS 2018 in Chicago.

According to CIMdata’s latest report, Mastercam is the No. 1 CAM software used worldwide. CIMdata also ranked Mastercam’s global support network as the largest in the field of CAM.

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

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.