Among our early initiatives is a plan to create a self-driving forklift for the production floor, and to develop AI technology-based robots to improve the outgoing quality of products, enhance turnaround time and reduce costs.
Artificial intelligence is an essential factor in the industrial sector when used wisely. Its adoption has brought many advantages to the manufacturing industry. It has made work easier. Let us embrace technology and optimize it in our day to day activities.
The manufacturing industry is facing a hiring crisis. According to Deloitte, by 2025, the manufacturing skills gap will result in a need for 3.4 million skilled workers, and 2 million of those roles will go unfulfilled.
IHS Markit recently published the "Manufacturing Technology Vertical Intelligence Service", including a manufacturer survey for the transformative technologies adoption in the semiconductor, display and electronics manufacturing sectors.
Saheli Roy Choudhury for CNBC: The outlook for job creation is more positive today because companies better understand what kind of opportunities are available to them due to developments in technology, according to WEF.
The Industrial Internet of Things (IIOT) is bringing us the factories of the future with the implementation of AI to help optimize and scale operations through predictive maintenance, improved safety amongst others.
VTT's proof of concept demo showed that a range of sensors or smart identifications can be added to 3D printed metal parts during manufacture, in order to track the performance and condition of machines or devices, or verify the authenticity of the parts.
Steel mills are rich in data, and learning algorithms only get better as they learn. Steel mill owners stand to improve their quality and margins dramatically from AI investment. AI can also reveal unexpected business opportunities as well as operational efficiencies.
Many businesses are already using continuous monitoring technologies - like Internet of Things (IoT) connected devices - which is a good start; but the key lies in not just simply monitoring the output of various data (which is how many companies use it today), but by taking the next step and employing advanced algorithms and machine learning to take action from real-time insights and anticipate future outcomes.
maxon motor launches new high-speed motors that are configurable online. The new ECX brushless motors are quiet and feature very high efficiency. The ECX motors are available with diameters of 8, 16 and 19 mm achieving speeds of up to 120,000 rpm. They run very smoothly and are highly efficient. With maxon motor's online configurator, it is easy to put together a customized DC motor to include gearhead, encoder and controller. The customized motors are ready to ship in 11 days!