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Zero-touch Economy and Zero-distance Innovation
Trend
Zero-touch Economy and Zero-distance Innovation
The market has gradually shifted to a zero-touch economy, unmanned production, and unlimited applications in response to the challenges of the times and the epidemic.
2021-01-29 15:58:22
South Korea Ranks Third in The World in Terms of Manufacturing Competitiveness
Market News
South Korea Ranks Third in The World in Terms of Manufacturing Competitiveness
The United Nations Industrial Development Agency (UNIDO) announced the July 2020 World Manufacturing Competitiveness Index (CIP) which is based on 2018 indicators. South Korea ranks third after Germany and China among 152 countries in the world. CIP is a composite index of 8 items including per capita manufacturing, value-added, and manufacturing export value. It reflects the overall competitiveness of the manufacturing industry in each country. UNIDO publishes the CIP every other year.
2021-06-08 16:30:20
South Korea's Future Economic Blueprint and Investment Strategy After Ten Years
Market News
South Korea's Future Economic Blueprint and Investment Strategy After Ten Years
South Korea is a country lacking natural resources. Its economic development is export-oriented, and its industrial structure is dominated by heavy chemical industries. The five major industries, including automobiles, shipbuilding, semiconductors, steel, and smartphones, earn a lot of foreign exchange for the country's economic growth.
2021-06-09 13:17:21
How Does the Manufacturing Industry Integrate and Develop with AI Technology?
Trend
How Does the Manufacturing Industry Integrate and Develop with AI Technology?
Improving production efficiency is the foundation for the manufacturing industry to gain a firm foothold. The manufacturing industry achieves smart operations by introducing AI applications, automatically identifying abnormalities, or making adjustment suggestions, and assisting companies in achieving more accurate adjustments to machines and upgrading equipment. During the process, the traditional manufacturers are transformed into the smart manufacturers.
2021-09-22 10:20:56
What Is Industrial Internet of Things?
Trend
What Is Industrial Internet of Things?
Industrial Internet of Things (Indusrial IoT, or IIoT) is the expansion and use of the Internet of Things (IoT) in industrial applications. Industrial IoT focuses on machine-to-machine (M2M) communication, big data, and machine learning (ML) to make industrial operations more efficient and reliable. IIoT covers the entire industrial application, including robotics, medical equipment, and software-defined production processes.
2021-09-22 18:48:57
The Manufacturing Industry Introduces A New Manufacturing Model
Trend
The Manufacturing Industry Introduces A New Manufacturing Model
The manufacturing industry has faced multiple operational obstacles caused by the pandemic. How can companies use digital technology to strengthen the industrial ecological chain and their own health in an all-around way?
2021-11-30 09:00:42
What Is Digital Transformation?
Trend
What Is Digital Transformation?
Digital transformation is the process of applying digital technology to recreate the way work is done to create and provide new value.
2021-11-30 15:23:57
How to Start Digital Reinvention?
Trend
How to Start Digital Reinvention?
New technologies bring forth the new. AI and the cloud are irreversible trends that are strengthening the competitiveness of enterprises. Enterprises should consider how to implement AI and the cloud in each application of the enterprises.
2021-12-02 13:36:28
Wisdom Upgrade, China Machine Tools are Actively Transforming
Market News
Wisdom Upgrade, China Machine Tools are Actively Transforming
In 2020, the global machine tool market was worth 111.36 billion U.S. dollars. Affected by the COVID-19 epidemic and the Sino-US trade war, China’s import and export value of machine tools declined by 17.7% and 11.5% respectively in 2020 compared to 2019. However, it is still the world’s largest machine tool market, accounting for approximately 35% of the world’s total.
2021-12-29 14:50:07
What is Smart Manufacturing?
Trend
What is Smart Manufacturing?
Wisdom Manufacturing (WM) is the use of advanced manufacturing technology and new-generation information technologies such as the Internet of Things, big data, cloud computing, artificial intelligence (AI), etc., to highly customize every link of the production process and use advanced manufacturing models to adapt to rapidly changing external market demands.
2022-02-08 10:27:22
Developing the Industry 4.0 Model and Improving Industrial Resilience
Trend
Developing the Industry 4.0 Model and Improving Industrial Resilience
Smart manufacturing utilizes advanced manufacturing technology and provides solutions through AI, the Internet of Things, big data, cloud, edge computing, and other technologies to substitute the production process with an intelligent manufacturing model and customize products according to customer needs.
2022-04-12 13:09:50
Germany Machine Tool Market Pulse and Industrial Application
Trend
Germany Machine Tool Market Pulse and Industrial Application
Germany is the second-largest producer of machine tools in the world, after China. Advanced German machine tool technology has led the development of the machine tool market.
2022-05-16 16:41:57
What is Digital Manufacturing?
Trend
What is Digital Manufacturing?
Digital manufacturing is a production method in which computer technology creates a product in a desired style or quantity using little or no human involvement. Digital manufacturing uses digital tools to combines and connect all manufacturing processes.
2022-05-20 10:00:34
The Industrial Metaverse Will Disrupt Global Manufacturing
Trend
The Industrial Metaverse Will Disrupt Global Manufacturing
The Metaverse is bringing virtual gamers to a wireless sci-fi vision with an infinite number of virtual worlds. However, you will find some transformation and benefits in how manufacturers can be more productive in the digital and physical worlds.
2022-05-24 10:13:22
The Global Industrial Supply Chain is Being Restructured
Trend
The Global Industrial Supply Chain is Being Restructured
Due to the outbreak of COVID-19 and its rapid global spread, the global auto parts, semiconductor, and electronics industries have been exposed to highly uncertain risks. Global supply chain logistics is an issue that everyone has had to reexamine.
2022-06-13 15:39:55
Learn about Lean Manufacturing and Agile Manufacturing in Supply Chain Management
Trend
Learn about Lean Manufacturing and Agile Manufacturing in Supply Chain Management
Both lean and agile manufacturing emphasizes leveraging market knowledge, integrating supply chains, and reducing product lead times.
2022-06-27 10:37:04
Explore the Pulse of the US Machine Tool Market
Market News
Explore the Pulse of the US Machine Tool Market
The U.S. machine tool industry is the industry that has been hit the most by this wave of epidemics, including smart machinery and Industry 4.0, which are still the unchanged development trends for machine tool manufacturers in the future.
2022-09-07 10:03:00
Manufacturing Combines Augmented Reality and Virtual Reality to Create a Digital Reality Experience
Trend
Manufacturing Combines Augmented Reality and Virtual Reality to Create a Digital Reality Experience
Utilize industrial augmented reality technology and virtual reality to further improve employee productivity, efficiency, and customer satisfaction through real-time step-by-step work instructions.
2022-09-16 09:18:35
Smart Manufacturing in the Era of the Industrial Internet of Things
Trend
Smart Manufacturing in the Era of the Industrial Internet of Things
To enhance competitiveness, manufacturers are driving a shift from a reactive problem-solving model to a more proactive device, process, product, and plant management model.
2022-10-12 14:08:14
How to Solve the Issue of Manufacturing Information Security?
Knowledge
How to Solve the Issue of Manufacturing Information Security?
There are continuous information security attacks against manufacturers around the world. For the manufacturing industry, it is not only necessary to consider the information security layout of the IT side, but also to strengthen the overall protection capability on the OT side to cope with the increasingly rampant cyber-attacks.
2022-10-13 16:21:15
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