Manufacturing Asset Monetization: What It Is and How It's Done

This article will explain what manufacturing asset monetization is, outline the main methods companies use, and walk through the process step by step.

How to Build a Proactive Obsolescence Management Plan for Critical Components

All products eventually become obsolete, which can have significant consequences when it affects critical components. Proactive strategies can mitigate these risks. How can organizations develop an effective obsolescence management plan or refine their current one?

AI in Manufacturing Market 2020 -26 Emerging Trends and Top Key Player

AI in Manufacturing will help companies achieve higher productivity and cost effectiveness over a period. One of the major applications where AI is deployed in the manufacturing plants is Asset maintenance.

Why Manufacturers Are Focusing on Cognitive and Predictive Asset Management

With off shoring trend reversing in most countries, on shoring with smart plants are becoming increasingly popular choice. Comparesoft studied the key reasons why manufacturers are adopting cognitive and predictive maintenance strategies in their smart plants.

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Featured Product

PI USA - High-Speed Hexapod for Nanopositioning

PI USA - High-Speed Hexapod for Nanopositioning

To meet industrial demands for higher dynamics, reliability and precision in 6DoF positioning systems, PI engineers came up with a new hexapod concept, based on direct-drive lever actuators. This new concept reduces complexity, improves performance, and minimizes wear.

Manufacturing and Automation - Featured Company

Fronius Perfect Welding

Fronius Perfect Welding

We aspire to produce more than just welding systems, which is why we are the innovation leader for arc welding and are constantly developing welding processes further. In addition to welding technology for robot applications, we offer solutions for manual gas shielded arc welding, for MIG/MAG, TIG, and MMA welding processes. We also implement automated, complete welding solutions tailored to customer requirements in the field of welding automation. After all, welding creates connections - between metals, between industries, and between people. Connected by the arc, by passion, by the beat of welding.