US Manufacturers Too Slow to Adopt Industry 4.0: BCG Study
Industry Week: U.S. manufacturers recognize the potential of the digital technologies known collectively as Industry 4.0 to create value, but they are largely approaching the opportunity in piecemeal fashion and may miss out on the significant business benefits these technologies offer, according to new research from the Boston Consulting Group (BCG).
Nearly 90% of manufacturing leaders surveyed by BCG regarded adopting Industry 4.0 technologies as a way to improve productivity, but only about one in four see opportunities to use these advances to build new revenue streams. Many are pursuing isolated initiatives scattered throughout the company, BCG found in its new report, "Sprinting to Value in Industry 4.0," without a clear vision and coordination from the top. Cont'd...
WSI Global's EdgePack Carton Accumulator Increases Production Speed and Safety
Machine's flexibility and ease of make-ready reduces downtime and increases throughput
Tolomatic adds extreme-force capability to electric linear rod actuator offering
Tolomatic's new electric linear rod actuator is more efficient, accurate and flexible compared to hydraulic cylinders--and without the messy leaks or noisy operation of hydraulics.
WSI Global Announces Industry-Leading GenieCut Windowing Machine
New machine dramatically reduces make-ready time over competing products
Makino Q1 2017 Online Seminar Schedule Highlights Advancements for Improved Productivity
Topics to include new 5-axis machining solutions, customer support tools and advanced CNC capabilities
FAIRBANKS SCALES RELEASES LOW-PROFILE U-SHAPED FLOOR SCALE
New Yellow Jacket scale offers highly efficient pallet weighing
The Association for Advancing Automation Tops 1,000 Members
RIA, AIA and MCMA all at New Records
U.S. Smart Manufacturing Plan To Stimulate Construction of 2,000 to 3,000 New Factories With $2 Trillion To $3 Trillion Unveiled
His plan uses Fortune 500 corporate wealth currently stranded overseas that Congressional leaders also want to repatriate with an alternative plan to pay for improving the nation's roads and bridges via a new lower corporate tax rate.
3DSignals Emerges Out of Stealth with Two International Customers
MacSteel International and Enel Green Power adopt sound-based technology to monitor and predict industrial machine failure
IIoT's new business models
Smart Industry: Today, most companies see the value of the Industrial Internet of Things (IIoT) as additional information— data—that can help them do the things they already do, just better and more efficiently. And there lies a lot of low hanging fruit in
But for some companies, a much greater value is coming in the form of whole new capabilities—new products, services and businesses that could not exist without IIoT technology. “This higher value of IIoT is hidden in a lot of people’s minds—they’re not able to see the potential,” said Joe Sinfield, senior partner, Innosight and tenured professor of civil engineering, Purdue University. Sinfield spoke at September’s Smart Industry 2016 conference in Chicago about how individuals and companies can learn to see and take advantage of these new opportunities.
“IIoT will transform virtually all industrial companies,” Sinfield said. How will the IIoT ecosystem evolve, and where is value shifting? How can industrial companies spot and capture related opportunity? What are the strategic roles available for industrials? What shifts in strategic planning are needed to unlock the value of IIoT? Cont'd...
Sanitary Conveyor System from Dorner Helps Wisconsin Cheese Packer Improve Ergonomics and Packaging Efficiencies
The conveyor system, along with that attached packout table, can be raised or lowered to best compliment different employees for better ergonomics.
Allied Machine Offers Exciting Program of Technical Education Seminars
Training events focus on problem-solving - bring your toughest applications and expect results
The 2017 Shenzhen International Machinery Manufacturing Industry Exhibition: A New Engine for the Smart Manufacturing Industry in China
The largest manufacturing show in South China, its 110,000 square meters of exhibition area will be filled with exhibitors who exemplify the intelligentization level of China's Industry 4.0 machinery manufacturing industry and the regional manufacturing capacity of the Pearl River Delta area (PRD) of China.
Oriental Motor Announces Release of 120 W (1/6 HP) Brushless Motor & Driver with Optional Hypoid Right Angle JH Gear
Hypoid Right Angle JH Gear with Stainless Steel Shaft and IP66 rated
Robots won't kill the workforce. They'll save the global economy.
Ruchir Sharma for The Washington Post: The United Nations forecasts that the global population will rise from 7.3 billion to nearly 10 billion by 2050, a big number that often prompts warnings about overpopulation. Some have come from neo-Malthusians, who fear that population growth will outstrip the food supply, leaving a hungry planet. Others appear in the tirades of anti-immigrant populists, invoking the specter of a rising tide of humanity as cause to slam borders shut. Still others inspire a chorus of neo-Luddites, who fear that the “rise of the robots” is rapidly making human workers obsolete, a threat all the more alarming if the human population is exploding.
Before long, though, we’re more likely to treasure robots than to revile them. They may be the one thing that can protect the global economy from the dangers that lie ahead. Cont'd...
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Automation & IIoT - Featured Product
OnLogic's Helix 520 Series of Scalable Fanless Computers
The Helix 520 series utilizes the latest Intel Core Ultra processors with integrated edge AI capabilities to deliver exceptional performance and industrial-grade reliability for demanding applications in automation, robotics, machine vision, and more. Its unique modular design allows for flexible scaling of CPU and GPU performance, while robust connectivity and expansion options ensure seamless integration.
