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.
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.
In use for more than 20 years among the elite of manufacturing companies, rapid prototyping continues to prove itself by empowering rapid product innovation.
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.
Global industrial group, ThyssenKrupp AG, has implemented a new digital platform in its materials division to better connect machines and enable predictive maintenance.
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.
The Fourth Industrial Revolution, Industry 4.0 and 4IR are terms that are becoming commonplace in manufacturing. Now that these terms are accepted, a new wave of technical turns of phrase have been born.
