If a chain is only as strong as its weakest link, today’s supply chain is in dire straits. A recent infographic from The New York Times shows all too clearly that the international supply chain is in upheaval, due directly or indirectly to the outbreak of COVID-19. At the same time, reams of data generated […]
Unifying Partner Ecosystems With a Distributed Ledger
Blockchain has become famous in recent years for powering the cryptocurrency craze. But the fundamentals behind blockchain could prove helpful in other areas of the data economy, too. Because, as the value of data rises, so does the need for accurate, real-time data sharing across multiple partners. As we saw recently, global trade is surprisingly […]
Manufacturing Workers Eager to Digitally Upskill
Anyone who has worked in machining within the past 70 years knew that the future of machining was automation. In the 1940s, computer pioneer John T. Parsons and engineer Frank L. Stulen invented, via a contract with the U.S. Air Force, numerical control milling machines. The machines were designed to help the Air Force produce […]
4 Challenges OEMs Face When Implementing New Technology
Like many others, the manufacturing industry is moving to a subscription-based business model. This new way of doing business is being referred to as servitization and it is forcing manufacturers to no longer strictly sell new products, but instead sell access to and the outcome those products deliver. This is fundamentally changing the way manufacturers […]