Production cost is fairly easy to determine, or is it? Determine the number of operations, the cost of labor and the cost of material. But not every unit is perfect. Some units require rework. Some units are scrapped. What is the cost of production fallout? How does that cost affect the bottom lin...

May 22, 2024 - Global technology intelligence firm ABI Research forecasts that the Augmented Reality (AR) and Virtual Reality (VR) markets will grow by 60% and 44% from 2024 to 2030. Verticals poised for the largest growth include healthcare, manufacturing and consumer industries, with revenues of...

NUREMBERG, Germany - May 16, 2024 - With the assignment of the 4,000th EtherCAT Vendor ID, the EtherCAT Technology Group (ETG) once again showcases the outstanding diversity of EtherCAT manufacturers. The Vendor ID is mandatory for manufacturers of EtherCAT devices and enables those devi...

Safety in industry is crucial to protect employees, facilities and the environment. It minimizes accidents, downtime and financial losses and strengthens a company's reputation. At HANNOVER MESSE, exhibitors at the "Industrial Security Circus" demonstrate how industrial companies can ensure a safe...

March 26, 2024 - The dramatic images of a hole appearing in a Boeing aircraft operated by Alaskan Airlines put a sharp focus on the need to follow aircraft assembly, testing and maintenance procedures rigorously. Global technology intelligence firm ABI Research forecasts that aerosp...

Fraud prevention is crucial for multinational companies as it safeguards their assets and ensures the trust of stakeholders. These companies' vast size, geographical spread and diverse operations expose them to various fraud risks, from cyberattacks to internal misconduct. This complexity mak...

Today, Siemens is celebrating its 125th year on the stock exchange. On March 8, 1899, Siemens shares were traded for the first time on the floor of the Berlin Stock Exchange. As a result, Siemens is one of the oldest continuously listed companies in Germany’s stock-exchange history. One hundred an...

Siemens and Enlighted, a leading property technology company owned by Siemens, announce a strategic partnership with Zumtobel Group, a global lighting solutions provider, to advance the adoption of smart building technologies including intelligent IoT lighting, setting new standards for efficiency...

Feb. 22, 2023 - Mouser Electronics, Inc., the industry's leading New Product Introduction (NPI) distributor, invites its customers to join the Intel FPGA Vision Webcast hosted by Intel Programmable Solutions Group (PSG) CEO Sandra Rivera and COO Shannon Poulin. The free webcast, broadcast in Engli...

Jan. 24, 2024 - Flexxbotics, delivering workcell digitalization for robot-driven manufacturing, has announced a significant investment from Peter Schroer, founder and former CEO of Aras Corporation. This investment is part of an oversubscribed funding round led by eCoast Angels that included a gro...

Jan. 19, 2024 - Distinguishing ourselves through customer proximity, application consulting and consistently going the extra mile has always been SCHNEEBERGER's hallmark. In line with its commitment to optimize this approach highly valued by its customers, the company is proud to announce the laun...

ABB has announced that it has acquired Swiss start-up Sevensense, a leading provider of AI-enabled 3D vision navigation technology for autonomous mobile robots (AMRs). Sevensense was founded in 2018 as a spin-off from Swiss technical University, ETH Zurich. “This marks a significant step towards o...