What are the business and security impacts of Industry 4.0?

Ben Rossi for Information Age:  Industry 4.0 will make manufacturing more efficient and productive. By optimising factories, it will directly improve yield. On the product side, it will also extract greater value from data for usage-based design and mass customisation, which in turn will open the way to new markets. On many levels, it will completely change the business model to an outcome-based approach. Accenture estimates that automation, connectivity and embedded software can increase production line productivity by up to 30%. The shift from selling products to selling measurable outcomes will redefine whole industry structures. This is the shift to servitisation, whereby companies are using the Internet of Things (IoT) to find new ways to grow revenue and increase profits. Industrial equipment manufacturers sell outcomes, like machine hours or price-per-user, rather than just products. For the customer it means less disruption, increased uptime, incremented factory yield and ultimately higher satisfaction.   Cont'd...

Japan's Rust Belt Counting on Robonomics to Run Assembly Lines

Yoshiaki Nohara, Toru Fujioka, and Daniel Moss for Bloomberg:   A withering factory town in Japan’s Rust Belt is looking for revival through a dose of Prime Minister Shinzo Abe’s "robot revolution." Kadoma’s population has declined 13 percent as the nation ages, prompting mergers among elementary schools and emergency services departments. Factories can’t find enough people to run assembly lines, further threatening an industrial base that includes titan Panasonic Corp. and smaller businesses like Izumo Co., a maker of industrial rubber. Yet Izumo President Tsutomu Otsubo doesn’t believe the solution involves finding more people. He’d rather find more machines to do the work so his company can capitalize on Abe’s plan to quadruple Japan’s robotics sector into a 2.4 trillion yen ($20 billion) industry by 2020.   Cont'd...

New TechCast AI Study Forecasts 20 Percent Job Loss by 2030, But Offset by New Opportunities

TechCast Global, Inc., an innovative trend forecasting company, has released a new study addressing the looming issue of unemployment as artificial intelligence (AI) takes over entire fields of work.

3D Systems Advances 3D Printing Productivity with Official Launch of 3D Sprint 2.0 Software

Single software solution developed to accelerate additive manufacturing workflows for 3D Systems' plastic 3D printers

A3 Kicks off 2017 with Business Forum and Record Industry Results

World's leading annual networking event attracts 525+ global automation leaders

A New Use for High-Speed Fiber Optics: Connecting Smart Factories

Jennifer Baljko for EBN Online:  Machine-to-machine (M2M) connectivity and the Internet of Things (IoT) have risen to the forefront of many strategic technology conversations. Companies are revamping product designs and component capabilities to allow for seamless, real-time communication flows between devices. Executives talk about how constant transmission and automated analysis of machine-generated information will transform the way we live, work, play, drive and shop, and change the landscape of our homes, offices, cars, malls, supermarkets, hospitals, gas stations and every other place we move through on a daily basis. As M2M and IoT shape business and operations strategies, influence product design and compel companies to re-examine how suppler and customer data is collected and used, a question begs: How will companies pool together all their internal factory and supply chain data in a way that matches the speed, consistency and reliability of what IoT promises? The factory, after all, is the heartbeat that keeps many companies operating, and a data bottleneck there comes with a costly implication. Many in the industry in have started to realize that, and it's resulting in a deeper conversation around industrial IoT, or IIoT.   Cont'd...

SAKOR TECHNOLOGIES WINS SCIP GRANT TO WORK WITH MICHIGAN STATE UNIVERSITY ON THERMAL TRANSIENT ANEMOMETER

Improved ability to measure airflow critical to new vehicle designs

MachineWorks Teams with Stratasys to Accelerate 3D Print Environments via Polygonica Software

Further enabling 3D printing to be more accurate and reliable, MachineWorks Ltd. today announced a new partnership with Stratasys Ltd. Core to the agreement, the company's premier Polygonica software will now work seamlessly inside Stratasys GrabCAD Print.

Energy Department Announces Universities to Lead Industrial Assessment Centers Program

New funding opportunities will bring this manufacturing training program to underserved areas, expand technical assistance

INDUSTRY 4.0, ENGINEERING AND COMAU SIGN AN INTERNATIONAL COOPERATION AGREEMENT

THE OBJECTIVE: TO DEVELOP HARDWARE AND SOFTWARE SOLUTIONS FOR THE PROACTIVE MAINTENANCE OF MACHINES

Seven Career Paths Opening With the Industrial IoT

Joe McKendrick for RTInsights:  From maintenance experts to solution sellers, the industrial IoT offers numerous career opportunities. If you’re looking for an IoT career, the Industrial Internet of Things (IIoT) doesn’t sound quite as glamorous as the broader IoT, which promises smart homes, smart cars, smart cities, wearable sensors, and everything else that can be outsmarted in daily life. But for IoT careers, industry is actually where most of the action will be taking place, and when you drill down and look what’s happening, a lot of this work can be far more rewarding and impactful than building smart toasters. This encompasses a range of activities, from real-time tracking tools and parts at industrial sites to analyzing data coming in from machinery, engines and power plants. The sky’s the limit.   Cont'd...

CEL and THine introduce high performance HD video interface for industrial, machine vision, surveillance, and automotive applications

Designers can create vision systems with fewer cables and greater distances between camera head and other system elements. Combined with Slip Rings, this interface technology enables OEMs to produce 360 degree HD video Pan/Tilt/Zoom (PTZ) cameras at substantially reduced cost

Teledyne to Acquire e2v

For the machine vision market, e2v provides high performance image sensors and custom camera solutions and application specific standard products. In addition, e2v provides high performance space qualified imaging sensors and arrays for space science and astronomy.

One-Stop Repair for Food & Beverage Processing Equipment

Food and beverage processors speed repairs and reduce costs by working with single source for full gamut of machine repairs, from electronic controllers to motors.

Keys To Developing A Successful Product Prototype

Moving a product concept to the prototype stage remains an exciting step.

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