It’s estimated that the smart factory market will be worth $67 billion by 2020, growing at anannual rate of 6% over the next five years. But where are the biggest growth areas within the smart factory itself? Which countries or industries are leading the growth drive? An what are the key facts that you need to know about?
Coping with late stage design changes is one of the most common challenges facing modern engineering and design departments. As you probably already know, many design changes occurlate in the process. Often, many months after the original design was created. Late stage design changes can be a real problem for companies. But there is hope, and tackling this challenge with Creo Parametric makes the process somuch easier, meaning your designs won’t underperform.
The term “calm technologies” refers to the applications that cut down on digital noise for high-volume data. This means the user only views information that is relevant to a task, increasing their focus. The engineering and manufacturing world traditionally operates with software that was noisy. But now quiet solutions are gaining momentum. The new era of calm technologies is the idea that we reduce distractions to our workflow without losing any functionality.
While it’s standard for many large enterprises to keep track of their massive databases of parts, assemblies, associated documentation, it doesn’t mean smaller companies can’t benefit from all the advantages traditionally associated with enterprise level data management.
You don’t need to feel hesitant when it comes to embracing new technologies. If anything, the way we are heading means we ought to embrace smart, connected products more so. Not only will the IoT positively affect how your business operates on a daily basis, it will transform the way you analyse product performance and maintain successful customer relationships. There are three big reasons why the IoT is becoming increasingly integral to the manufacturing industry:
The Performance Advisor for PTC Creo customers, which is powered by PTC’s IoT solution ThingWorx, is a dashboard for monitoring and managing Creo installations. It provides your business with better operational insight into the hardware and software performance of your PTC Creo installations.
Ever considered looking at Creo Simulate, but not sure what it has to offer? In short, it’s designed to provide a range of solutions that enable engineers to easily analyse parts and assemblies, increasing the efficiency of your manufacturing processes.
The simulation tools give you the ability to operate different information technology systems and exchange data between these software applications.
The NDA Supply Chain event is taking place on 4th November 2015, at Event City in Manchester. Now in its 5th year, the annual NDA Supply Chain event brings together people that work across the nuclear sector.
Did you know that only that only a small percentage of small- and medium-sized businesses (SMBs) have set up a best-in-class product design environment [source: Aberdeen Research]? This might surprise you, but it’s true. It means that many manufacturers out there simply aren’t prepared or well positioned to handle new challenges as they arise. In fact, they can very quickly find themselves out maneuvered by the competition.
If you start to brainstorm all the ‘best-in-class’ manufacturers out there, you’ll probably question what are they doing differently from their competitors and how their project teams seem to achieve the impossible. Plus, they appear to be developing innovative products faster than ever with fewer resources and an ever-decreasing budget. So how do they do it?