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How Data Can Be Monetized in Core Manufacturing Operations

How Data Can Be Monetized in Core Manufacturing Operations

In general, manufacturing operations collect more than enough data to form a basis for the initial stages of transformation. The challenge is that many may not have a clear idea of how to use it or cannot easily access it because it is locked in legacy systems. And simply accessing that data is not enough – organizations must be able to monetize it.

Read the full article in CIO.

Why Software Will Drive the Smart Factory and the Future of Manufacturing

Why Software Will Drive the Smart Factory and the Future of Manufacturing

The manufacturing industry is seeing a turning-point in its growth and development, moving from decades-old operational processes to new implementations of IoT and connected technology such as smart robotics and industrial systems. A report from Statista reports that the smart manufacturing market is expected to grow to approximately $480 billion USD by 2023, from just a few hundred billion in 2018. As more systems become connected, the industrial and manufacturing industries, as well as the whole supply chain, must continue to mature to give manufacturers a set of tools for optimizing and increasing efficiencies in their connected factories that help them compete in the market and ultimately enable greater innovation.

Read the full article in Manufacturing.net.

Advanced Robotics Versus Practical Robotics

Advanced Robotics Versus Practical Robotics

e these issues. Once a practical application is identified with a big enough market, practical roboticists focus on using the technology at hand and adding more customization to create a solution for automating these tasks. Commercializing robotics helps in advancing the science of robotics. The advanced robotics engineers, without realizing it, are highly dependent on practical roboticists for their future survival.

Read the full article in Forbes.

INTERVIEW: FAST RADIUS’ CEO LOU RASSEY ON EMBRACING INDUSTRIAL ADDITIVE MANUFACTURING

INTERVIEW: FAST RADIUS’ CEO LOU RASSEY ON EMBRACING INDUSTRIAL ADDITIVE MANUFACTURING

Now that 3D printing is moving towards industrial-grade production levels, many companies find themselves excited about the possibilities but not sure how to fully make it part of their operating model. This has created a gap where companies are slow to adopt additive manufacturing. Fast Radius’ CEO Lou Rassey shares his take on industrial additive manufacturing.

Read the full article in 3D Printing Industry.

On-Premises or the Cloud: Which Makes More Sense?

On-Premises or the Cloud: Which Makes More Sense?

In your digital transformation, remember that every plant is different, so you need to find the right balance of local and cloud platforms. When you are choosing a platform to collect and visualize data, make sure the system has the flexibility to meet your particular requirements.

Read the full article in Advanced Manufacturing.

Turning Traditional Automation On Its Head

Turning Traditional Automation On Its Head

Manufacturing automation is trickling down from the massive automotive assembly lines toward the “mom and pop” machine shop. As you take your first look at automation, consider the benefits of and barriers to this technology. Traditional automation requires a large upfront investment in dedicated equipment that takes months or even years to implement. Expanding automated solutions to more manufacturers doesn’t just require a better mousetrap, but also a paradigm shift to break down the old barriers. Systems integrators are creating solutions for manufacturers that reduce initial investment, shorten implementation times and allow for greater flexibility from the get-go.

Read the full article in Advanced Manufacturing.

Accelerating a more sustainable industrial revolution with digital manufacturing

Accelerating a more sustainable industrial revolution with digital manufacturing

According to the World Economic Forum, the value of digital transformations in the Fourth Industrial Revolution is estimated at $100 trillion in the next 10 years alone, across all sectors, industries and geographies. The manufacturing sector, which has long been a driver of global prosperity and economic growth, is key to this transformation.

Additive Manufacturing Industrializes: A Serious Show Shows A Serious Industry

Additive Manufacturing Industrializes: A Serious Show Shows A Serious Industry

Producing large volumes of product reliably, repeatably and affordably is the increasingly-reachable carrot-on-a-stick for 3D printing as improvements are made in hardware speed and quality, design capability in software and widening portfolios of engineering-grade materials suited for manufacturing environments.