By Mike Bacidore, editor in chief for Control Design: How are you getting your share of the pie that is the $227 quadrillion Industrial Internet of Things (IIoT)? That’s a lot of money, and there’s plenty to go around, so what are you doing to cash in on this next industrial revolution? OK, to be fair, I made up that number. But, unless you’re a research analyst or someone putting together Q3 forecasts for your business unit, you didn’t even give that number a second thought. And you probably shouldn’t. It doesn’t really matter. That number is as justifiable as it is arbitrary. Just pick an amount and then create a scenario and a timetable you can defend. “If you torture data long enough, it will confess,” Ronald Coase once said. The famed British economist also believed that the study of real-world markets was much preferred to speculating on theoretical ones. In reality, this bold new landscape of connectivity has yielded opportunities for revenue streams steered by embankments of innovation. Nowhere was that more evident than at Hannover Messe in Germany, where Industry 4.0—the preferred European term, which includes IIoT, cyberphysical systems and more—was impossible to avoid and insistent in its resolve. Cont'd...
East Coast's Largest Advanced Manufacturing Event Spotlights Innovation in Packaging Creation - from Health & Beauty to Food & Beverage
EastPack & HBA Global will feature more than 200 packaging industry suppliers, June 14-16 in New York City On Display: Bella the Bride, wedding dress made completely of recycled materials, shows importance of sustainable packaging
Everything from web design to order management to shipping - not to mention the actual manufacturing process - has to change to accommodate a market of one.
Datakit CAD import plug-ins for Rhino are now able to maintain the assembly structure of the original model. Datakit also announces the addition of its CATIA V6 (.3dxml) files import plug-in to its bundle of Rhino plug-ins.
Explore exciting technologies and innovations through RAPID's rich and varied presentations, exhibitors and special events.
Improving the Speed and Reliability Globally for IronCADs Content Delivery.
Dimensional Control Systems is attending PLM World May 16th - 19th to demonstrated 3DCS for NX, a fully integrated variation analysis tool for Siemens NX CAD platform.
CADavenue, The CAD Engineering Company Is Taking It To the Next Level With More AutoCAD®-Like Commands, 64 Bit Processing and New Ribbon Interface
AViCAD is excited to announce their new major CAD software release called AViCAD 2017. AViCAD is a 2D/3D CAD application with integrated Engineering Tools which provides a low cost alternative to other CAD packages.
Elysium to Release CADfeature 14.0 - Support for Associative Drawings in SOLIDWORKS Developed with Dassault Systèmes' SOLIDWORKS API Team
To answer the demands from Dassault Systèmes SOLIDWORKS users, Elysium has enhanced the CADfeature product family to include the support for associative drawing creation in SOLIDWORKS.
From Bloomberg: To get to Tesla’s Gigafactory, you drive east from Reno, Nevada, turn into a sprawling industrial center, and make a left on Electric Avenue. The high desert landscape dwarfs everything, even the vast white building with the red stripe along the top. As you reach the gate with the security guard, the breadth of Tesla’s ambitions becomes clear. Even the name itself suggests more to come: Gigafactory 1... ...The $5 billion Gigafactory was born of necessity. Tesla needs a hell of a lot of batteries, for both the forthcoming mass-market Model 3 sedan and the Tesla Energy product line. The timeline for getting those batteries made just became much shorter, too. On Wednesday, Tesla Chief Executive Elon Musk stunned investors by announcing a sped-up production schedule that calls for a half-million electric vehicles per year by 2018, not the previously stated goal of 2020. For a company that delivered just 50,658 vehicles in 2015, the ramp looks like a hockey stick... (full story)
Basically the drive works like a harmonic gear, the most distinctive difference is the flexible spline is now replaced by rollers to generate needed wave motion.
Electric Imps Connected Manufacturing innovations will be showcased at IoT World (booth number 515).
Aiding in development of ARM Innovation Ecosystem Accelerator innovation labs
Cites flexibility in security, price, and deployment as main reasons for selection
Scott Stone for Plant Engineering: The Internet of Things (IoT) will significantly alter manufacturing, transportation, distribution and other industrial sectors over the next decade, according to the World Economic Forum. We've only hit the tip of the iceberg in terms of the ways Internet-connected devices will transform these industrial sectors. To put a number on the anticipated growth of Industrial Internet of Things (IIoT) over the next few years, Accenture places conservative spending estimates at $500 billion worldwide by 2020. Forward-thinking businesses are already leveraging the power of the IIoT and reaping the benefits. When used effectively, it allows companies to better manage their operation, increase production and transform business for the better. Let's take a look at how industrial organizations should be harnessing IIoT to set their businesses up for future growth. Cont'd...
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