5 key trends in the global smart factory market
Abhishek Budholiya for Embedded Computing Design: Smart factories are being touted as the future of manufacturing. Continuous advancement in machine intelligence is expected to bring about a fourth industrial revolution, expected to offer a wide range of benefits, including greater efficiency, flexibility, and safety.
The global smart factory market was valued at nearly $52 billion in 2014 and is expected to expand at over 13 percent compound annual growth rate (CAGR) in the next ten tears. Let’s take a look at some key insights on the global smart factory market.
First, smart factories are gaining traction in the automotive and transportation sector. Tightening profit margins and stringent guidelines have made automotive manufacturing a highly competitive market. Cont'd...
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Give a 3D printer artificial intelligence, and this is what you'll get
Dyllan Furness for Digital Trends: A London-based startup has combined some of today’s most disruptive technologies in a bid to change the way we’ll build the future. By retrofitting industrial robots with 3D printing guns and artificial intelligence algorithms, Ai Build has constructed machines that can see, create, and even learn from their mistakes.
When CEO and founder Daghan Cam was studying architecture, he noticed a disconnect between small-scale manufacturing and large-scale construction. “On one side we have a fully automated production pipeline,” Cam explained at a recent conference in London. “On the other side we’re completely dependent on human labor.” With the emergence of more efficient printing technologies, he thought there must be a better way.
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