Smart factories could boost the global economy by at least $1.5tn over the next five years, so long as manufacturers can adopt the technologies necessary for the transformation.
Abu Dhabi is gearing up for the next phase in advances in science and technology by announcing plans to open the world’s first University of Artificial Intelligence.
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.
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.
