No matter how you cut the automation cake, the rise of the robots appears unstoppable. On the one hand, automation will not only complement the work of humans, but will also allow us to lead happier lives, cites a new report from The Economist Intelligence Unit. On the other, robots will replace up to 20 million jobs globally by 2030 (almost 9% of the global manufacturing workforce), according to a new study by Oxford Economics.
A new report investigating the strength of US manufacturing and specifically the defense sector has detailed an "unprecedented set of challenges" that have left the entire industrial base "under threat".
It may enjoy a global reputation for precision metrology and process control, but more than anything, Renishaw represents innovation and technological advancement. Jonny Williamson headed to South Wales to pay the engineering powerhouse a visit.
Smart factories are set to become a revolutionary force of the manufacturing industry and provide a massive boost to the global economy, according to a new report by multinational information technology consulting company, Capgemini.
Today, predictive maintenance is widely considered to be the obvious next step for any business with high-capital assets looking to harness machine learning to control rising equipment maintenance costs.