Boy, do Fanuc and Cisco have a deal for your factory

Fanuc and Cisco Systems are set to commercialize a technology this summer that promises glitch- and disruption-free factory operations. The Internet of Things-based system monitors machinery and spots signs of possible abnormalities so that parts can be replaced more smoothly and without affecting operations.          A one-minute suspension at a car factory generally costs around 2 million yen ($16,900). If, for example, a gear breaks and operations are halted for 60 minutes to replace it, the costs would be 120 million yen. Frequent line stoppages could also affect product quality.      The Fanuc-Cisco system uses sensors attached to each robot carrying or welding parts to monitor temperatures, vibration and other conditions. Data streams are sent via the Internet. A computer analyzes the data and decides which parts will likely need fixing and when. The system also places orders for replacements. The accuracy of the system's prediction and analysis functions will increase as data accumulates, representatives from the companies said.   Cont'd...

CHGT Finds Niche Helping Large Manufacturers Streamline Their Production Processes

"Were discussing ways CHGTs capabilities and expertise can help them greatly improve their current inefficient production methods,"

2016 U.S. Manufacturing Trends from Michigan Manufacturing International (MMI)

With 25 years of experience in manufacturing and international trade, MMI is ideally suited to partner with U.S. manufacturers to help them take full advantage of the winds of change while avoiding the resulting storm.

MIT Professional Education's Online Course to Bring Latest Research on Internet of Things to Professionals

Led by MITs original architects of the Internet of Things (IoT), the new course addresses architectures, technologies and applications of IoT

KUKA Lightweight Robot Could Interact with Humans to Enhance Production Processes

In the age of Industry 4.0, "smart factories" are developing at an unprecedented rate. Nowadays, automated, networked and variable production lines are in high demand as companies aim to respond quickly and flexibly to ever shorter product life cycles.

mPrest Raises $20M to Expand Industrial and Commercial IoT Solutions

GE Ventures and OurCrowd lead Series A investment in Iron Dome software provider

Thoughts turn to revolution in Davos

By Matthew Allen for SWI:  Intelligent robots and drones, 3D printers, self-driving vehicles, data mountains, smart production lines, fintech and blockchain – the fourth industrial revolution is here. The World Economic Forum’s (WEF) annual Davos meeting will ponder the potential, limitations and societal impacts of “Industry 4.0”. Will the transformation of the workplace create jobs or unemployment? Will it close the gap between industrialised and developing economies, rich and poor - or widen it? For Swiss firms, can the new technological revolution ease the pressures of the strong franc? Speaking ahead of the annual meeting in Davos, WEF founder Klaus Schwab called on world leaders to revise policies to accommodate the coming changes. “We are not yet sufficiently prepared for this fourth industrial revolution that will come over us like a tsunami and will change whole systems,” he said. “My fear is that if we are not prepared we will create a world where particularly the middle class is frozen out. That would lead to a new problem of social exclusion that we absolutely have to avoid.”  Cont'd...

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