Manufacturing

News, trends and technology insights for the manufacturing industry

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Want efficiency? Manage spare parts end-to-end

Digital transformation affects all areas of a business, from customer experience to business models and operational processes. In the manufacturing sector especially, technologies encompassed in Industry 4.0 can solve multiple operational challenges and help manufacturing companies along their entire value chain. An important part of that chain is spare parts management. Many key performance indicators, […]

Design thinking: A powerful tool for A&D transformation

Don’t just play to your strengths. For aerospace and defense (A&D) companies undergoing big technological changes, that’s good advice — even if it’s counterintuitive. That’s because the main strengths of A&D companies are technological know-how and engineering prowess. Under normal circumstances, these skills have proven highly effective. But today’s conditions are anything but normal. In […]

How digital twin and analytics are shaping aircraft MRO

digital twin jet engines

Commercial air travel is safer than ever, according to a recent study published in Transportation Science. Data compiled by MIT professor Arnold Barnett shows that in 2017 only eight of more than 4 billion boarding air passengers around the world died in air accidents.  The risk of death for boarding passengers fell by more than […]

How ‘smart machinery access’ boosts heavy equipment health and safety

The concept of creating a “smart factory” by integrating IoT devices, digital twin technology, advanced data analytics and automation of the complete product lifecycle is gaining widespread acceptance. But what about extending digitization beyond the production line and its immediate environment to include heavy machinery, bulldozers, overhead gantry cranes, oversized trucks, forklifts, oilfield pieces, wheel […]

Tech Trend: Self-sovereign identity makes data shared in an ecosystem more valuable

As organizations focus on data-driven business models to remain competitive, they will increasingly seek to collaborate with partners and exchange data. Data shared in an ecosystem is more valuable than data locked in a silo because it leads to new innovations and customer experiences. This trend is playing out in many industries including transportation, logistics, […]

Tech Trend: Designing systems for machines instead of people

For businesses to be agile and respond quickly to changing market conditions, they need to provide business users with real-time and near-time operational data. That means harnessing data from devices and tackling the latency challenge. In 2020, we will see more organisations shift their design thinking from services and systems for people to services and […]

Why artificial intelligence will make a difference in your life

There’s so much hype around artificial intelligence (AI) that it can be hard for people to get their brains around how it will help them in their daily lives or on the job. In simplest terms, think of AI as what happens when a machine performs a task that human beings find interesting, useful or […]

Machines that pay each other using digital wallets

wallets

People use digital wallets such as Venmo and PayPal and, more recently, cryptocurrencies such as bitcoins to make frictionless payments, peer to peer. What if machines could use digital wallets to make frictionless payments, machine to machine? Autonomous vehicles — such as cars, fork lifts, trucks or any industrial machine — could pay for their […]

The pros and cons of the “as a service” business model in manufacturing

While reading, an article in The Manufacturer on Volvo CE, I was struck by just how much the trend to an as a service business model is progressing in the manufacturing industry. It has been around for some time with Rolls-Royce’s “Power by the Hour” approach but has now expanded to a much wider community of adopters […]

Operating your A&D supply chain in a DFARS compliant world

The Aerospace and Defense (A&D) sector is experiencing strong growth following multiple years of weak progress. Factors such as global tensions and aging fleets have combined with technological advancements, engineering innovation and superior product design to fuel this historic growth. The supply chains of these companies will continue to grow in complexity and size. As […]