Manufacturers expect that their investments in smart factories will drive a 27% increase in manufacturing efficiency over the next five years which would add $500bn in annual added value to the global economy.
Global technology and manufacturing group, Honeywell has partnered with SKF, one of the world’s largest bearing and seals manufacturers, to launch a pioneering industrial internet of things project.
Cambashi, an international industry analyst company based in Cambridge, has just completed a research project into the industrial application of the internet of things.
A new platform designed for low volume, continuous production and mass customisation has been unveiled by additive manufacturing and 3D printing company, Stratasys.
Organisations which have introduced advanced automation into their workplace are seeing revenue growth, job creation and greater employee satisfaction, according to a new global survey.
Self-driving vehicles have been talked about for some time now and, as most people in the manufacturing industry know, the main causes of delay are due to safety and regulatory concerns.
The global market for collaborative robots (cobots) is expected to grow by more than 40% each year over the coming five years, according to the latest research.
