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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. Manufacturing economy insights. Manufacturers need to prepare for 2030.

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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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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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Manufacturer, Integrator, Software Developer: Wolfram Manufacturing is a Triple Threat

Modern Machine Shop

Wolfram Manufacturing’s use of machine monitoring data from its own program, OnTakt, is evident from the equipment on its floor. The data showed chip management was causing a bottleneck, so the shop now has more chip conveyors than machine tools. Photos provided by Wolfram Manufacturing.

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Rockwell Automation Signs Agreement to Acquire Clearpath Robotics.

Gary Mintchell

Ash Sharma, senior research director for robotics and warehouse automation at market intelligence firm Interact Analysis, says, “Our research shows that the market for AMRs in manufacturing will grow 30% annually, for the next five years, to hit a market size of $6.2 appeared first on The Manufacturing Connection. billion by 2027.”

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Three fundamentals needed to rebuild Australia’s manufacturing sector

AU Manufacturing

A new National Reconstruction Fund recently announced by the Federal Government aims to build a future made in Australia, with a specific focus on identifying and investing in manufacturing technologies that will help the nation transition to net zero emissions. . Attracting skilled workers back to Australia’s manufacturing industry .

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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. This dynamic has led even established international manufacturers to increasingly rely on the Chinese supply chain.