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Altair at Hannover Messe 2024

Dinesh Mishra

At Hannover Messe 2024, Altair will present technologies, methods, and examples of how companies can succeed in their quest for digital transformation by applying simulation, data analytics, AI, and high-performance computing (HPC). The post Altair at Hannover Messe 2024 appeared first on Machine Insider.

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Economy in Transition: Challenges and Opportunities for European Industry in 2024

i4.0 today

Looking ahead to 2024: a year full of challenges for the European economy, but also lucrative opportunities. In 2024, companies will continue to be confronted with the effects of global political tensions, which are reflected in economic uncertainties. These factors led to general uncertainty and a dampened willingness to invest.

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Manufacturing, global economy: Mild 2024 recession

Control Engineering

Offset a mile recession in 2024 and depression in 2030 in part with manufacturing automation. Be prepared: Companies have the opportunity to pull ahead and improve automation and efficiency in operations and reduce supply chain bottlenecks. economy is expected to have a mild recession in 2024, but it will soon recover after.

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Aras Study Finds 80% of Industrial Companies Unprepared for the Use of Artificial Intelligence

Gary Mintchell

Aras, a leader in product lifecycle management (PLM) and digital thread solutions, announced today findings from its report, “Spotlight on the Future 2024,” highlighting that nearly 80% of industrial companies lack the knowledge or capacity to successfully use artificial intelligence (AI). However, you can check out all the details here.

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Rockwell Automation Signs Agreement to Acquire Clearpath Robotics.

Gary Mintchell

Here is the actual rationale: Transporting parts and materials to assembly lines and between manufacturing cells is one of the industry’s most complex and inefficient tasks, often resulting in production bottlenecks. It is subject to customary regulatory approval and is expected to close in the first quarter of Rockwell’s fiscal year 2024.

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WalkMe Announces New Generative AI Capabilities in Spring Product Release

i4.0 today

This new feature further enables WalkMe customers to avoid the high price of low quality data, including bottlenecked operations, derailed business strategies, and unnecessary risk. This is another example of the Company’s human-centric approach to innovation, prioritizing usability across all features.

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From Europe to Asia: Global Trends, Supply Chains and the Role of Used Industrial Robots

i4.0 today

Pandemic-induced supply chain bottlenecks for established manufacturers are leading to a slow clearing of full order books – one of the reasons why Chinese robot manufacturers are in higher demand than ever before. A further increase in worldwide installations is also expected for 2024 – especially in China. Germany ranks fourth.