As most of the world still struggles with the coronavirus pandemic, China is showing once again that a fast economic rebound is possible when the virus is brought firmly under control.
Disruptive technology is overturning the digital transformation of the automotive supply chain. The recent COVID-19 epidemic has hit the global auto market. The demand for transformation within the industry has increased. The integration of technology applications and electric vehicles will become the future development trend.
South Korea is the world's sixth-largest machine tool producer and the world's fifth-largest machine tool consumer, with an average consumption of approximately US$4.33 billion. Among them, nearly 70% of the consumer market's demand is for products provided by local machine tool factories, and only close to 30% of the products must be imported from abroad.
In machining, boring is the process of enlarging a hole that has already been drilled by means of a single-point cutting tool, such as in boring a gun barrel or an engine cylinder.
Automation technology accelerates the development of the industrial robot industry. In order to maintain and improve productivity, the manufacturing industry accelerates the introduction of unmanned and industrial automation technology. Industrial robots have become a long-term rigid demand.
The medical device industry is transforming. Nearly 80% of medical material companies believe that medical networking is the most important growth opportunity in the future, and 45% believe that cooperation with strategic partners is necessary. In fact, for medical IT solution vendors, the next decade is also an opportunity for their growth.
Tool reconditioning is witnessed to be gaining in popularity as companies try to balance cost savings with high worker productivity and project completion rates. Processes like machine tool reconditioning, tool regrinding, and end mill regrinding are all viable options for both large and medium-sized facilities to consider.
Interest in learning machine learning has skyrocketed in the years since Harvard Business Review article named ‘Data Scientist’ the ‘Sexiest job of the 21st century’. But if you’re just starting out in machine learning, it can be a bit difficult to break into.
Will the African market be the next manufacturing hub? African leaders call on Nigeria and African countries to strengthen manufacturing and regional supply chains.
Africa is currently in a stage of explosive population growth. Currently, the entire African continent has a population of approximately 1 billion, and there will be 2 billion people by 2050. Compared with the fact that China’s surplus labor force is roughly exhausted, the African continent is a huge and attractive market for foreign investors.
A Bridgeport mill is a standard manual knee-type vertical milling machine. The reason that many people refer to a manual mill simply as a “Bridgeport” is that it’s one of the most famous brand names that’s found in most machine shops.
The U.S. government intends to impose taxes on American companies producing overseas, which should be moved back to the U.S. for domestic manufacturing.
Taiwan's IBM announced that it has joined forces with a large domestic solution integrator (SI) to identify the pain points that are difficult to integrate between IT and OT in the manufacturing industry, and uses the IBM Smart Manufacturing 5C maturity model as the blueprint. Both parties will provide pre-introduction evaluation services, depending on needs. However, SI will provide OT and IT integration services, or IBM will provide more data-driven AI value-added services.
Japan is one of the leading countries in the machinery industry, with superb machinery manufacturing technology, and the output value of the machinery industry accounts for about half of Japan's overall manufacturing industry.
As discussed in Tech Trends 2019: Beyond the Digital Frontier, technology forces that are increasingly dependent on advanced connectivity capabilities also are reshaping enterprise architecture.
According to the International Economic Forecasting Agency, the global economic growth of this year (2020) is almost the same as the growth rate of 2019. However, the impact of the covid-19 may affect the economy of various countries in the short term and even impact the industrial supply chain. The current situation of the international economy and explain the possible influence factors of the recent development of the North American market, including the US-Canada-Mexico Agreement, the US-Japan Agreement, the US-China trade war, etc., and then the development of the supply chain changes explore the outlook for the North American market.
The global market for Packaging Machinery is projected to reach US$51.5 billion by 2025, driven by the economic value generated by packaging for industrial and consumer goods; and the growing interests in robotic packaging automation against a backdrop of growing competition in the Fast-Moving Consumer Goods (FMCG) industry and the ensuing pressure to accelerate time-to-market.
An issue closely related to the smart factory debate concerns the position occupied by industrial production in overall social relationships; in other words, the relationship between factory and society, within which there is a new reflection on the relationship between factories and urban spaces, cities.
Today we are talking about CAD. Computer-aided design (CAD) is the use of computers (or workstations) to aid in the creation, modification, analysis, or optimization of a design.
Smart machinery manufacturers must accelerate innovation, gain the policy resources of the production and innovation platform, develop the domestic industrial acceleration scale group, and the intelligent diagnosis maintenance system (IDMS), which has been successfully introduced into the innovative application of high-tech industries.