Seven Career Paths Opening With the Industrial IoT
Joe McKendrick for RTInsights: From maintenance experts to solution sellers, the industrial IoT offers numerous career opportunities.
If you’re looking for an IoT career, the Industrial Internet of Things (IIoT) doesn’t sound quite as glamorous as the broader IoT, which promises smart homes, smart cars, smart cities, wearable sensors, and everything else that can be outsmarted in daily life.
But for IoT careers, industry is actually where most of the action will be taking place, and when you drill down and look what’s happening, a lot of this work can be far more rewarding and impactful than building smart toasters. This encompasses a range of activities, from real-time tracking tools and parts at industrial sites to analyzing data coming in from machinery, engines and power plants. The sky’s the limit. Cont'd...
US Manufacturers Too Slow to Adopt Industry 4.0: BCG Study
Industry Week: U.S. manufacturers recognize the potential of the digital technologies known collectively as Industry 4.0 to create value, but they are largely approaching the opportunity in piecemeal fashion and may miss out on the significant business benefits these technologies offer, according to new research from the Boston Consulting Group (BCG).
Nearly 90% of manufacturing leaders surveyed by BCG regarded adopting Industry 4.0 technologies as a way to improve productivity, but only about one in four see opportunities to use these advances to build new revenue streams. Many are pursuing isolated initiatives scattered throughout the company, BCG found in its new report, "Sprinting to Value in Industry 4.0," without a clear vision and coordination from the top. Cont'd...
IIoT's new business models
Smart Industry: Today, most companies see the value of the Industrial Internet of Things (IIoT) as additional information— data—that can help them do the things they already do, just better and more efficiently. And there lies a lot of low hanging fruit in
But for some companies, a much greater value is coming in the form of whole new capabilities—new products, services and businesses that could not exist without IIoT technology. “This higher value of IIoT is hidden in a lot of people’s minds—they’re not able to see the potential,” said Joe Sinfield, senior partner, Innosight and tenured professor of civil engineering, Purdue University. Sinfield spoke at September’s Smart Industry 2016 conference in Chicago about how individuals and companies can learn to see and take advantage of these new opportunities.
“IIoT will transform virtually all industrial companies,” Sinfield said. How will the IIoT ecosystem evolve, and where is value shifting? How can industrial companies spot and capture related opportunity? What are the strategic roles available for industrials? What shifts in strategic planning are needed to unlock the value of IIoT? Cont'd...
Sanitary Conveyor System from Dorner Helps Wisconsin Cheese Packer Improve Ergonomics and Packaging Efficiencies
The conveyor system, along with that attached packout table, can be raised or lowered to best compliment different employees for better ergonomics.
Robots won't kill the workforce. They'll save the global economy.
Ruchir Sharma for The Washington Post: The United Nations forecasts that the global population will rise from 7.3 billion to nearly 10 billion by 2050, a big number that often prompts warnings about overpopulation. Some have come from neo-Malthusians, who fear that population growth will outstrip the food supply, leaving a hungry planet. Others appear in the tirades of anti-immigrant populists, invoking the specter of a rising tide of humanity as cause to slam borders shut. Still others inspire a chorus of neo-Luddites, who fear that the “rise of the robots” is rapidly making human workers obsolete, a threat all the more alarming if the human population is exploding.
Before long, though, we’re more likely to treasure robots than to revile them. They may be the one thing that can protect the global economy from the dangers that lie ahead. Cont'd...
Closing tech gaps can fortify advanced manufacturing, save $100 billion
FRAN WEBBER FOR NATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY (NIST): To spur significant innovation and growth in advanced manufacturing, as well as save over $100 billion annually, U.S. industry must rectify currently unmet needs for measurement science and "proof-of-concept" demonstrations of emerging technologies. This is the overall conclusion reached by economic studies funded by the National Institute of Standards and Technology (NIST) of four advanced manufacturing areas used to create everything from automobile composites to zero-noise headsets.
"Gaps in the technology infrastructure--including the lack of reliable measurement and test methods, scientifically based standards, and other formal knowledge and tools--limit advanced manufacturing's further development and adoption," said NIST economist Gary Anderson, coordinator of the economic studies prepared by RTI International (link is external), an independent nonprofit research institute. Cont'd...
Quick Precise Motion for the Packaging Industry Created by Nook Belt Driven Actuators
The wide variety of shapes and thinner bottles created a need for packaging machines to not only be accepting of the different sizes, but also perceptive enough not to damage the new thinner bottles.
The Audi smart factory of the future
Jason Siu AutoGuide.com: Audi is developing a “Smart Factory” where robots will work together with humans to build cars.
The German automaker first talked about its Smart Factory last year, envisioning a plant with human-robot collaboration, 3D printed parts, drone material transport and piloted cars that drive themselves off the production lines. A new video has been released that gives us a glimpse into that factory, proving that it’s not as far-fetched as you might think. In fact, Audi appears to be making great progress with drones transporting steering wheels, although it may not seem very effective in the video. Cont'd...
Inaccuracies with Motors and Drivers: Who is the Culprit?
Is Your Step Motor and Driver Contributing to the Inaccuracy of Your System?
Delta buys Unicom to advance smart factories
Christine Chou, The China Post:  Delta Electronics, a provider of power management solutions, will acquire a 100 percent stake in industrial software provider Unicom (ç¾½å† ) for NT$351 million (US$10.9 million).Â
In a bid to speed up its smart manufacturing operations, Delta Electronics' board of directors agreed on Friday to acquire Unicom - merging the leading Computer-Integrated Manufacturing (CIM) software provider into a wholly-owned subsidiary of Delta.
Unicom, which specializes in Manufacturing Execution Systems (MES), has been providing solutions to streamline factory management and equipment monitoring for almost 20 years.
Delta Electronics chief executive officer Cheng Ping said with the arrival of the internet of things, manufacturers must move towards smart production to adapt to changing market demands.
The development of core technologies and systems for smart manufacturing requires cross-disciplinary cooperation to speed up the transition and seize market opportunities, Cheng said. Â Cont'd...
Disruption Ahead: Automotive Manufacturers Look to the Future
Automotive manufacturers are seeking ways to simultaneously embrace big data, stay flexible, and continue to innovate ahead of fellow automakers and new competition from Silicon Valley.
Strategies to Strengthen Subassembly Sourcing
Selecting subassembly manufacturers with specific capabilities can speed turnaround, improve product performance and functionality, and increase an OEMs bottom line.
How Industry 4.0 is changing human-technology interaction
Ben Rossi for InformationAge: Â Accelerated by technologies such as 3D printing and intelligent robots, the role of the human machine interface (HMI) is becoming more sophisticated.
This is altering the way industries approach increasingly complex processes of machines and systems in order to improve efficiency and decrease downtime.
Industry 4.0 and the Internet of Things (IoT) are at the centre of new technological approaches, development, production and the entire logistics chain - otherwise known as smart factory automation.
HMI is implemented in any industry where human intervention with a machine or automated device is necessary. The high rate of demand for HMI is being driven by the need for enhanced efficiency, data security and compliance, mobility, remote services and reliable hardware. Â Cont'd...
Siemens to buy Mentor Graphics amid push to digitize factories
By Christopher Alessi and Natascha Divac, Dow Jones Newswires: Siemens AG’s planned acquisition of automation and industrial software provider Mentor Graphics Corp. is the German giant’s latest play to stay competitive in the race to digitize heavy industry.
Siemens on Monday offered $37.25 a share in cash, equivalent to a 21 percent premium on Mentor’s closing share price on Friday, giving the U.S. company an equity value of around $4 billion.Wilsonville, Ore.-based Mentor, which has agreed to the acquisition, sells software and hardware design-automation tools for the development and testing of advanced electronic systems. The company has a field office in Longmont. Mentor’s shares gained 18.3 percent to $36.30 in recent Nasdaq trading on Monday.
“It’s a perfect portfolio fit to further expand our digital leadership and set the pace in the industry,” Siemens CEO Joe Kaeser said. Cont'd...
Samsung SDS releases AI-based smart factory system
Yoon Sung-won for KoreaTimes: Samsung SDS has launched its artificial intelligence (AI)-based smart factory system service Nexplant, the company said Wednesday.
The system integration service affiliate of Samsung Group highlighted that the new service will help clients maximize production efficiency as the AI system analyzes manufacturing problems in real time.
"Before the domestic release of the service, we have already drawn high interest from manufacturing businesses in overseas countries including the United States and India," Lee Jae-cheol, smart factory business director and senior vice president of Samsung SDS, said in a statement. "We will expedite business expansion on the global stage."
In developing the Nexplant system, Samsung SDS said it has tapped into its expertise in manufacturing process optimization systems that it has accumulated during the last three decades while providing them to plants run by other Samsung affiliates. Cont'd...
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