Unplanned downtime remains one of the most expensive and disruptive challenges facing manufacturers today, with industry estimates placing the average cost at $260,000 per hour for large-scale operations and well into the millions for sectors like automotive and oil and gas. In this article, IIoT World breaks down the direct and hidden costs of manufacturing […]
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Industrial and critical infrastructure organizations that rely on industrial control systems (ICS) to run their businesses — such as firms in energy and utilities, oil & gas, pharmaceutical and chemical production, food & beverage, and other manufacturing sectors — have known their valuable assets are susceptible to cyberattack since Stuxnet was discovered and publicized in […]
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Almost half of the manufacturers have fallen victim to cybercrime, according to the Cyber Security Manufacturing Report 2018, published by EEF. One of the biggest challenges for manufacturers is choosing from the range of products and services available to protect against these crimes. Here, I’ll explain three cybersecurity rules that manufacturers should abide by when […]
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Blockchain technology attempts to address the problems described in the previous section through a common data architecture that allows non-trusting parties to share information in a more secure manner. Blockchains are designed to permanently record transactions, not only currency transactions but also data exchanges, in such a way that the record cannot be tampered with. […]
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Visit four doctors, and you’ll come home with five diagnoses. This saying can be transferred to the term Industry 4.0, where everybody has its own definition. Back in 2011 when the term Industrie 4.0 was introduced by the German government institution BMBF, the idea was very unique. It describes the fourth industrial revolution (after steam, […]
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It’s a little known fact that nearly every Toyota Camry (75%), Tacoma (96%), Tundra (85%) and Sequoia (100%) on the road in the U.S., Canada and Mexico contains a transmission that was built in North Carolina. AW North Carolina, Inc. (AWNC) is a part of Aisin Group, the #1 manufacturer of automatic transmissions and transmission components […]
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Industrie 4.0, offers great promise for manufacturers to optimize business operations. The key to any successful Industrial IoT project lies in the factory data. Industrial customers need seamless, secure access to this data to make better business decisions in their plants, which can only happen with a reliable plant to enterprise network and unique software […]
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It is real, but it’s difficult to say how long it will take. It will surely take many years to fully realize, but is already happening faster than many expected. This blog presents some of key digital transformation trends in manufacturing ARC tracks in 2018. Advanced Analytics and Machine Learning The most noticeable and probably […]
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Cyberattacks against financial companies such as JPMorgan Chase and Citigroup and vendors such as Target, eBay, and Home Depot have received so much media attention these past years. Unknown to many, smart manufacturing companies are also not immune to cyberattacks. According to Deloitte, smart manufacturers are now being targeted not just by random hackers and […]
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Over the past two decades, the global market for printed circuit boards has been shaped by the growth of and technological change in the electronics industry in general and, in particular, by end devices such as computers — from servers to desktops and notebooks — in addition to smartphones and tablets. According to estimates in […]
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One of today’s most overused buzzword is “Artificial Intelligence”. Both technical and general press is full of articles talking about machines that drive autonomous cars and invent new languages. Many also talk about intelligent machines being a threat to humanity. Machine Learning is an essential part of the AI puzzle and Deep Learning is one […]
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The declining cost and size of sensors and communication technologies boosts the “Internet of Things” (IoT) by leaps and bounds. In 2017 Internet of Things (IoT) and Industrial Internet of Things(IIoT) forecast, Bain predicts that by 2020 annual revenues for the IoT vendors selling the hardware, software and comprehensive solutions would exceed $470B, while General […]
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