Overall, IDTechEx calculated that this industry received over $100M in investment in 2019. There are very good reasons for both the composite and 3D printing industry to be excited.
The study reveals that virtually all (99%) manufacturing executives surveyed believe an open ecosystem is important to advance 3D printing at scale. While 85% of manufacturers reported that industrial-scale AM has the potential to increase revenue for their business
Hyper customization, smaller batch runs, a shrinking labor pool, energy availability, and global competition are factors that are increasing in importance and are also pointing to a much-needed new direction that companies will need to take in order to remain relevant ...
The promise of greatly enhanced productivity is leading manufacturers to embrace smarter, autonomous IoT-based systems. Choice IOT's Darren Sadana points out the importance of building these new capabilities on a stable infrastructure.
The IoT ecosystem connects heterogeneous processes, personnel, resources, devices, sensors, robotics, heavy machineries, and business procedures in a cohesive way to attain optimum resource usage and enhance the productivity of business processes.
Since 2014, there has been a surge in investments in companies engaging in the 3D printing of composites, with almost $250 million raised to date.
Although 2011 is considered the unofficial start of the fourth industrial revolution, U.S. manufacturers have reported zero average growth in labor productivity over the past five years - despite continual improvements in equipment, software and management approaches.
ZebraTechnology today announced the results of its 2024 Warehousing Vision Study, analyzing IT and operations decision makers' strategies for modernizing their warehouses, distribution centers and fulfillment centers.
• Professionals are most commonly using 3D printing technology for prototyping prospective products/parts/components (55%) • Thereafter, 43% are applying the applications of 3D printing within their production processes
Automation Alley's 2019 Technology in Industry Report looks at Industry 4.0 ecosystem, introduces Velocity Index™ to gauge investment-worthiness of key technologies
Industry 4.0: From Vision to Implementation, looks at the state of Industry 4.0 from its eight core technologies: the Industrial Internet of Things, robotics, artificial intelligence, Big Data, cloud computing, cybersecurity, additive manufacturing and advanced materials.
Researchers from Carnegie Mellon University and Argonne National Laboratory, has identified how and when these gas pockets form, as well as a methodology to predict their formation - a pivotal discovery that could dramatically improve the 3D printing process.
The key to unlocking the potential of Industry 4.0 is fully harnessing information from connected assets to drive decision-making, a process known as the physical-digital-physical (PDP) loop.
World Economic Forum: A.I. and robotics will create almost 60 million more jobs than they destroy by 2022
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 CONSORTIUM PUBLISHES INDUSTRIAL NETWORKING ENABLING IIOT COMMUNICATION WHITE PAPER
Industrial networking infrastructure and technologies reside at the IP layer and below, and enable industrial assets, such as machines, sites and environments, to connect to the business professionals supporting applications across a wide range of industry sectors.
As the baby boomers born in the 1940s and 1950s start to retire, this means that the manufacturing, lumber, distribution, and retail sectors look set to suffer from a lack of sufficiently-skilled staff in the next 20-30 years.
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