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Report: Industrial IoT adoption strong, but analytics, automation lag

A big time majority of industries have adopted internet of things (IoT) solutions--86%, according to Bsquare's inaugural IIoT Maturity Study--but there's still a lot of work to be done for sectors like manufacturing, transportation and oil and gas to truly unlock the efficiencies promised...

Telefonica targets automotive, smart manufacturing

Deal with Spanish car maker Seat will focus on 5G for enablement of smart manufacturing processes for automotive Spanish telco Telefonica has signed an agreement with compatriot car maker SEAT to develop innovative initiatives in the automotive industry. The agreement reached, which makes Telefónica a...

Rockwell Automation invests in smart manufacturing AI, analytics

New product and investment speak to value of IoT for the smart manufacturing sector Rockwell Automation is a major player in helping customers realize digital transformation and adopt IoT tools to create smart manufacturing operations that reduce downtime as a function of analytics, machine learning...

Hirotec adopts smart factory concept to reduce downtime

Predictive maintenance is a key smart manufacturing use case Japanese company Hirotec Group, one of the largest private production companies in the global automotive market, wanted to implement Industry 4.0 innovations to tackle unplanned downtime. To achieve this, the company paired an IoT platform from Hewlett...

Smart manufacturing attracting investment from major players

Based on Verizon's annual "State of the Market: Internet of Things 2017" report, the manufacturing sector is leading the way in adoption of internet of things technologies with an 84% increase in number of year-over-year network connections. As digital transformation, based on IoT adoption,...

Orange Business Services, Microsoft offer end-to-end IoT solution

End-to-end IoT offering targets use cases, including supply chain, smart inventory management and predictive maintenance Orange Business Services and Microsoft announced they are collaborating to deliver end-to-end internet of things solutions to boost the digital processes of companies in the manufacturing sector. Through this collaboration, enterprises...

Smart manufacturing lab to launch operations in Singapore

Rolls-Royce, together with Singapore agencies and companies, will invest $44 million in the initiative Singapore’s Agency for Science, Technology and Research (A*STAR), British power systems technology company Rolls-Royce, and Singapore Aero Engine Services Private Limited (SAESL), announced they will invest up to $44 million to...

Nokia CEO: Fourth Industrial Revolution ‘hype or hyper engine?’

Rajeev Suri on Fourth Industrial Revolution for 'productivity gains, economic growth and business success' SAN FRANCISCO--"Certainly there's plenty of hype," Nokia CEO Rajeev Suri said of the ICT-enabled, socalled Fourth Industrial Revolution during a keynote presentation at Mobile World Congress Americas this week. "Everyday there's...

Cummins oversees power systems with cloud-based monitoring tool

Cummins Power Generation has leveraged the Microsoft Cloud and the internet of things (IoT) to remotely monitor power systems anywhere in the world. Cummins Power Generation’s new PowerCommand Cloud, a cloud-based remote monitoring solution built on the Microsoft Azure IoT suite, provides new insight into...

The brownfield problem with smart factory transformation

Nestlé works with B&R to connect legacy production systems into a smart factory According to recent projections from research firm Netscribes Inc., the global market for smart factory solutions will hit an annual value of $74.8 billion by 2020, which reflects a 10.4% compounds annual...

Ericsson invests in factory automation for radio products

Factory owners who invest in automation can break even in less than six months and see a 210% return within the first year, according to Ericsson. The company backs up this marketing claim with real world experience from one of its own factories. A...

Oracle focuses on smart manufacturing with Mitsubishi partnership

The two companies are developing an IoT platform to enable smart manufacturing processes Mitsubishi Electric Corporation, a Japanese manufacturer of consumer electronics, vehicles, semiconductors and transportation solutions among many other products, is working with Oracle to digitally transform its operations. The two companies have developed...

Industrial Internet Consortium focuses on smart manufacturing

The agreement with MESA will focus on interoperability, portability and security for the industrial internet The Industrial Internet Consortium (IIC), a global organization seeking to accelerate the industrial internet of things (IIoT), has signed a memorandum of understanding (MoU) with the Manufacturing Enterprise Solutions Association...

Huawei explores robots-as-a-service for smart manufacturing

The vision is for smart manufacturing applications to be supported by a dedicated 5G network slice 5G is about a lot more than simply higher mobile data rates. The ultra high capacity and ultra low latency of 5G could support a wide range of valuable...

‘Paperless manufacturing’ enabled by GE Digital

Manufacturing execution system ups productivity at GE Aviation plant GE Digital is focused on leveraging the industrial internet of things to drive digital transformation in various industrial sectors including manufacturing. It's latest manufacturing execution systems (MES) software, which covers everything from pairing certified workers with...

Report: Smart factory market in North America worth $96B by 2020

Key smart factory technologies include sensors, machine vision, connectivity Based on a recent report from market research firm Mordor Intelligence, the market value of smart factory solutions in North America is set to grow to $96.77 annual value in 2020, which is a more than...

Ohio craft brewery taps smart manufacturing

Actionable analytics key to Rockwell Automation's smart manufacturing portfolio Great Lakes Brewing Company worked with Rockwell Automation to connect production machinery and provide workers with the data analysis needed to improve operational efficiencies as part of a digital transformation using industrial internet of things solutions...

IoT security top of mind for smart manufacturing

In a recent blog post Eric Ehlers, marketing manager for manufacturing and energy at Cisco, noting the numerous opportunities for cyber exploitation faced by manufacturers--legacy equipment with dated or no security protocols, an IT/OT disconnect, guidelines laying out responsibilities and access and "never conducting...

Forecast projects major growth for smart manufacturing

According to new projections from technology-focused market research firm TrendForce, the market for solutions that support smart manufacturing initiatives will see a compound annual growth rate of 12.5% between now and 2020, growing from an annual value of a little more than $2 billion...

Qualcomm ups AI game with acquisition of Dutch firm Scyfer

Scyfer has developed AI solutions for verticals including manufacturing, healthcare and finance U.S. chipmaker Qualcomm Technologies announced the acquisition of Dutch firm Scyfer, an affiliate of the University of Amsterdam focused on machine learning techniques. Scyfer has built artificial intelligence (AI) solutions for companies worldwide...

Big data and cloud drive smart manufacturing success

Smart manufacturing hinges on turning granular operational visibility into money- and time-saving efficiencies For companies in the business of making any sort of product--whether it's a book, a car, cleaning products or food-packaging materials--efficiency in the production process directly relates to more income. Human error,...

GE Digital focuses on ROI for smart manufacturing

GE Digital, which specializes in software for industrial internet of things (IIoT) use cases like smart manufacturing, is adding a new service to its digital transformation offerings, this one with a focus on helping customers achieve return on investment more quickly. Dubbed Acceleration Plans,...

Manufacturers find value in wearable IoT

Manufacturers are investing in industrial internet of things solutions to drive quality, according to a recent survey which identified wearable technology as a primary target for IoT investment. More than half the manufacturers surveyed by Zebra Technologies as part of it Manufacturing Vision Study said...

GE Digital CEO talks smart manufacturing at HEB summit

GE Digital discusses how smart technologies can improve food processing AUSTIN, Texas--Stephan Reimelt, president and CEO of GE Germany and Austria, gave a presentation titled “From Automation to Smart Manufacturing” at this year’s HEB Vendors Summit. HEB is an American supermarket chain based in San Antonio,...