At the AWNC facility, an hour of downtime equates to about $270,000 in lost revenue. A recent network upgrade helps minimize potential losses.
Technology upgrades can drive efficiency gains that spur hiring.
AWNC’s next order of business is to bolster its predictive maintenance capabilities.
It’s common for industrial managers to have an attitude of “making due with what they have,” but this approach can cause inefficiencies.
There is a major shift in outsourcing in manufacturing, where a growing number of companies have given up on the idea of sending manufacturing to countries with low labor costs.
The potentially crippling power of cyberattacks has become an inescapable reality for industrial organizations. Many manufacturing companies are waking up to this fact.
One of the biggest challenges with smart factories is dealing with massive amounts of data from connected equipment.
CES celebrated its 50th anniversary in June, but the show currently unleashed on Las Vegas feels like a considerable milestone.