Worldwide: Manufacturers expect that their investments in smart factories will drive a 27 percent increase in manufacturing efficiency over the next five years, adding US$500 billion in annual added value to the global economy, according to a research report by Capgemini’s Digital Transformation Institute.

Applying the Industrial Internet of Things (IIoT) to factories confers a host of operational benefits. By Advantech

Taichung, Taiwan: The Smart Machinery Development Office was launched by the Taiwanese government in Taichung in February.

Machine tool builders such as DMG Mori are focusing on machining solutions that combine both the Internet of Things and increased user operability. By Jonathan Chou

The sixth edition of BuildTech Asia 2016 takes place between 18 and 20 October 2016 at Singapore EXPO. Aiming to provide new insights on smart building and construction technologies in the built environment sector, the 3-day event programme includes an exhibition, guided tours, conferences, workshops, productivity awards and networking opportunities.

In times to come, the manufacturing space will be so interconnected that nothing will escape the eyes of those manning the operations – all in the name of increased efficiency and productivity. By Matej Kranjc, managing director of ASEAN and ANZ, National Instruments. 

ABB announced it has acquired SVIA, a provider in the fast-growing market of robot automation cells for machine tending.

Within the next decade or so, the machine floor will see connectivity reach new heights with immense amounts of data being driven through networks and on demand – at the touch of a finger. Article contributed by Schaeffler Technologies AG.

IBM announced late last month that it will invest US$3 billion over the next four years to establish a new Internet of Things (IoT) unit, and that it is building a cloud-based open platform designed to help clients and ecosystem partners build IoT solutions.

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As Asia's number one English metalworking magazine, Asia Pacific Metalworking Equipment News (APMEN) is a must-read for professionals in the automotive, aerospace, die & mould, oil & gas, electrical & electronics and medical engineering industries.

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