In competitiveness studies for economic development projects, a strong workforce is always one of the leading factors for a project win. A talented workforce is also necessary when a company is evaluating expansion opportunities.
The current COVID-19 experiences have energized many conversations about our futures in the post-COVID world, and that includes the future of manufacturing.
Many process manufacturing companies are on the path to digitization and have piloted analytics to improve operational performance and improve their competitive edge.
Key steps are virtual twins and real relationships.
While fossil fuels dominate the energy market, expect a new mix of parts as renewable energy and EVs grow in market share.
A technological transformation at renewable energy firm Siemens Gamesa will enable real-time reporting and digital enabling of its workforce.
Mold-and-die shops thrive on the latest technology in tooling, software, and machines. Process success often depends on using best-in-class solutions from the past as well as from the latest advances of today. New ways of using older technologies often depend on advances in enabling technologies.
Because its president saw opportunities to improve efficiency and an immediate need to make up for capacity lost due to impending worker retirements, Daiwa Steel Tube is set to save more than $1 million a year.
Sandvik has signed an agreement to acquire 67 percent of Chuzhou Yongpu Carbide Tools Co., Ltd, a China-based maker of solid round tools, with a call option to buy the remaining part in three years.
In the AI world, fear is driven by unfamiliarity with the process, the professional impact of failure and the daunting tasks of pulling together all of the people and perspectives required just to get started. Here are three key lessons learned from our work with Rolls-Royce and Gulfstream that will clear your AI project for takeoff.
