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The smart factory Trumpf built in this Chicago suburb, in the works since early 2014 and open to the public since September, is just a few months away from running full steam ahead: Smart Manufacturing recently asked its director, Tobias Reuther, to identify the seven key benefits of a smart factory.

Extended reality (XR) has burst onto the scene in the last few years, offering us amazing visualization possibilities in myriad application areas along the aerospace supply chain. While there has been explosive growth in this space of late, there is actually a very rich history between XR technologies, aerospace and Boeing.

Any business owner knows that information is a vital part of running a company. As manufacturing increasingly becomes more digitized, cybersecurity must become a standard component of doing business.

Just getting familiar with the digital thread? You’ve come to the right place to learn what it is and why you need it for your products.

When I graduated with an engineering degree some decades ago, I learned that the organizations I was going to work for had internal communication problems. This was especially true for those that designed and manufactured complex machinery such as engines, aircraft, or automobiles.

SME is publishing a series of Smart Manufacturing Industry Reports, with the third being released at IMTS this month. The reports, available at sme.org/reports, detail the advantages of smart manufacturing, the challenges to implementing digital solutions, and, finally, keys to implementing the technologies and tools.

Industry 4.0 is often referred to as smart manufacturing, where technology enables interconnectivity for machines and manufacturing software and systems. It also provides “Big Data,” increased visibility and remote access to manufacturing assets.

Smart manufacturing is about making the best decisions in the shortest time possible based on the most accurate real-time data—whether those decisions are made by people, machines or cyber-physical systems.

Remember the boy with endless learning capacities in the 2001 film “AI Artificial Intelligence”? He’s quickly coming to life. Today, AI is no longer fictional; it’s reality.

Nearly a year ago, the world became aware of a new computer virus known as WannaCry. Many institutions were affected by the ransomware. It encrypted and locked a Microsoft Windows computing system and demanded payment.