Asset management, at its core, is all about profitability. If a manufacturer can gain a clear picture of how and where assets are being used, they can account for overuse, underuse, lost items, bottlenecks, theft, and more. And in doing so, there is an endless list of tools to consider.
The “Tech Belt“ region of the U.S. has undergone explosive growth in the years since the Great Recession. Some of the hardest-hit cities have seen manufacturing’s return with very positive upward trends. Among the region’s largest success stories is winning the nationwide bidding contest for the NAMII, a public-private collaboration to develop next-gen manufacturing processes based around additive manufacturing.
Ford Motor Co. is offering free upgrades to U.S. and Canadian hybrid customers to improve their fuel economy. The company plans to recalibrate the vehicle control systems on 77,000 Ford C-Max and Fusion hybrids and Lincoln MKZ hybrids from the 2013 model year.
It didn’t take long for the novelty of social media to fade, and the search for practical application and measurable impact of these vehicles to become a priority. Despite the commercial success of Facebook, Twitter, LinkedIn and several other platforms, manufacturers are still seeking out answers as to whether the time spent on social outreach is worth the effort.
The United States needs more startup companies and innovation to compete with the rest of the world, General Electric Co. chairman and CEO Jeff Immelt told the University of Wisconsin Board of Regents on Friday. Immelt said the U.S. needs more risk capital to help fuel startups, less government regulation, a greater emphasis on research and development and more cooperation with higher education.
Researchers at Carnegie Mellon University are designing modern day butlers - service robots that will one day help people with tasks like fetching coffee and cleaning up the kitchen. Ready to lend a helping hand, these service robots are equipped with data-collecting sensors, setting them apart from other, possibly less helpful, robots.
Japanese electric motorcycle maker Terra Motors Corp. unveiled Wednesday a new scooter that can synchronize with Apple Inc.'s iPhone smartphone to enable the rider to record data including travel distance, running routes and remaining battery power.
Research In Motion CEO Thorsten Heins pleaded for patience Tuesday as the company faces questions about its growth and survival. BlackBerry shares were hammered last month after the company's financial results fell short of expectations. Heins told shareholders that BlackBerry is in the second stage of its turnaround. Stage three, he said, includes profitability.
It might look like a model airplane, but don't let the size fool you. The Heron 1 is the latest in Israeli drone technology and the growth engine of Israel's defense industry. Between 2001 and 2011, 41 percent of drones came from Israel. President and CEO of Israel Aerospace Industries, Joseph Weiss, explains why this technology is a necessity.
A solar-powered aircraft has completed the final leg of a history-making cross-country flight, gliding to a smooth stop at New York's John F. Kennedy International Airport. The Solar Impulse touched down at JFK at 11:09 p.m. Saturday, completing the final leg of the cross-continental journey that started in California in early May. For Saturday's final leg, the aircraft left Dulles International Airport a little before 5 a.m.
Automakers have developed new technologies that are making cars safer, more efficient, and easier to drive. From auto-braking to lane-centering, the cars practically drive themselves. Andrew Whydell, product planning executive with TRW Global Electronics, says that this technology is going to become increasingly more common in the U.S. in the next two to three years.
A scientist working on solar cell technology has pleaded guilty to several counts in an indictment that charges he stole trade secrets from his employer and tried to take them to a competitor in China. Tung Pham, 48, pleaded guilty in federal court in Philadelphia to seven counts of wire fraud, prosecutors said Tuesday.
Ford engineers are developing a highly flexible, first-of-its-kind, patented technology to rapidly form sheet metal parts for low-volume production applications. Once fully developed, the technology (Ford Freeform Fabrication Technology, or F3T) will allow for lower costs and ultrafast delivery times for prototypes – within three business days versus conventional methods that take anywhere from two to six months.
After a car maker or a steel mill wears out a factory, extracts all the tax breaks a treasury will bear, and accumulates more obligations to its workers than the stockholders will bear, it flees town like a deadbeat husband, leaving a worn-out, exploited patch of land no else will touch. An industrial city follows the same life cycle as a boxer, or a prostitute.
General Motors Co. and Honda Motor Co. are joining forces to develop hydrogen fuel cell vehicles. The two companies said Tuesday they plan to develop new hydrogen storage and fuel cell technologies by 2020. They will also push for more hydrogen fueling stations.
China's largest wind turbine company and three people are accused of stealing trade secrets from a U.S. software company, the Justice Department announced Thursday. An indictment handed up in Wisconsin alleges Sinovel Wind Group and the three individuals stole proprietary wind turbine software technology from Devens, Mass.-based AMSC, formerly known as American Superconductor Inc., cheating the American company out of more than $800M.
Belgian scientists are developing a badminton-playing robot to demonstrate how new software can optimize energy efficiency in production machines. Scientists say if they can reduce the energy consumption of these machines, they will be able to significantly reduce the energy consumption of mankind. Reuters' Tara Cleary reports.
Renewable energy is growing fast around the world and will be the second biggest source of electricity, after coal, by 2016, according to a five-year outlook published Wednesday by the International Energy Agency. Developing countries are building more wind, solar and hydro-electric power plants to meet rising power demand and combat local pollution problems.
The world's first space conversation experiment between a robot and humans is ready to be launched. Developers from the Kirobo project, named after "kibo" or hope in Japanese and "robot," gathered in Tokyo Wednesday to demonstrate the humanoid robot's ability to talk.
How many electric cars are on the U.S. market today? I can think of the Nissan Leaf, Chevrolet Volt – and, of course – the Tesla Model S. Despite these other zero-emission vehicles (that are also a bit more affordable), Tesla always tops this list.
IMTSTV's Penny Brown got a chance to speak with Steve Fritzinger, NetApp's Virtualization Alliance Manager, Java Author, and Economics Writer, about the current state of the manufacturing industry. Fritzinger explains how competition and technology are driving the industry's pace, and why companies must adapt to this change if they want to survive. He also speaks about the future of manufacturing jobs in America.
Check out some of the latest in high tech manufacturing, including the manufacturing software environment and its growing ability to gather and analyze more data, manufacturing automation's march to dominate the plant floor, the importance of reliable material handling information to track the plant of the future, and the cost-saving implications of monitoring and managing facility energy usage.
NASA officials publicly unveiled a new, three-story-tall cylindrical structure Friday that is a key component in constructing heavy-lift rockets for the nation's space program. It's called the "vertical weld center." The heavy metal framework holds state-of-the-art automated welding equipment, around which the Boeing Co. will build a major component of rockets for NASA's new Space Launch System: the "core stage" of the SLS rockets.
Supercharging enables Tesla Model S drivers to travel long distances, for free, indefinitely, says Tesla CEO Elon Musk. In addition to the expansion of the Supercharger network itself, Tesla has improved the technology behind the Superchargers to significantly speed up the amount of time it takes to charge the Model S, in some cases cutting charging time in half.
It's the kind of electronic junk that piles up in basements and garages — an old computer motherboard with wires sticking out. But because it was designed and sold by two college dropouts named Steve Jobs and Steve Wozniak, it could be worth more than half a million dollars.