The fourth industrial revolution – the revolution that ushered in the Internet of Things (IoT) and Internet of Services (IoS) – has come to be known as Industry 4.0. The initial goals of Industry 4.0 typically have been automation, manufacturing process improvement and productivity/production optimization. The more advanced goals are innovation and the transition to new business models and revenue sources using information technologies and services as cornerstones.
By saving time, effort and money, remote diagnostics had already begun to transform industry long before COVID-19. Social distancing and restrictions on travel have simply reinforced their importance and value. This article looks at what this means for the die-casting industry in particular and shares a vision of a digital future.
Microsoft and Tenova, a Techint Group company, renewed their collaboration with the aim of guiding companies in the metals industry on their digital transformation journeys. Leveraging on the Microsoft Azure platform and Tenova’s solutions for the steel industry, the two companies intend to lead the digital transformation of the sector. The goal of this renewed partnership is to provide Italian companies in the metals industry with industrial solutions based on artificial intelligence (AI) in order to give value to the large amount of data coming from industrial plants.
Traditional ways of work simply aren't sustainable and effective because the still-ongoing technological revolution is reshaping all products and services that have been made before, creating new products/services, concepts and work titles.
If you watch the news, you would never know we are on the front end of one of the largest economic booms in our history. The real numbers no one talks about show the economic expansion will last through the end of the 2030s.
By now, most of us have heard the buzz about Industry 4.0 and are perhaps wondering what it is, how it will impact us and why we should spend our precious resources implementing it in the heat-treat industry. Let's learn more.
It seems that “technological unemployment” is increasing in our world, both in America and abroad. There is debate among economists on both the extent and duration of this phenomenon, but most agree that innovation is boosting pay for higher-skilled workers while having a more negative impact on low- to medium-skilled workers.
A Look at Thermal Processing Technology in the Modern Age
September 12, 2016
This paper takes an in-depth look at how the latest advancements in thermal processing technology enable manufacturers to work toward meeting lean manufacturing objectives, as well as enhancing overall production speed and process quality.