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.
Warwick Manufacturing Group (WMG) at the University of Warwick has announced it is using a stream of neutrons from the Institut Laue-Langevin’s nuclear reactor in France to examine the safety critical welds in cars made with boron steel.
One of the biggest constraints for onshore productivity in oil and gas is pipeline corrosion, estimated to cost £1.5tn globally. Now, the application of digital sensors is helping to significantly reduce the cost of monitoring the deterioration of metal, and the risk of catastrophic and costly failures.
The important role connected technologies play in safeguarding manufacturing resilience has been highlighted with the global predictive maintenance market set to grow exponentially over the next five years.