Wonder why you can't get any funding for anything these days? Blame the bean counters. According to a recent Design News on-line survey, 42% of the respondents reported that their company requires a payback period of under 1 year for projects. Another 29% said that their Scrooge-like firms require a return on investment in under 2 years.
The Industrial Internet of Things may be going off the deep end in connecting everything on the plant floor. Some machines, bearings, or conveyors simply donít need to be monitored -- even if they can be.
Wind turbines already are imposing structures that stretch high into the sky, but an engineering graduate student at the University of Notre Dame wants to make them even taller to reduce energy costs and improve efficiency.
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