it Out- Many
companies know that doing everything themselves is not always the best business
decision. Sometimes finding the experts to do a specific aspect of design or
manufacturing is the more economical –and ultimately profitable –route to take.
When a company outsources, they can focus on their own core competencies, devote
more time to their customers, and move products out the door
Outsourcing Holds Promise and Challenges- It ’s no easy task. Companies
that outsource parts of design projects already get the advantage of outside
expertise and the luxury of concentrating on their own core competencies -very
compelling advantages that can make them more productive. Indeed, outsourcing is
a proven necessity for some companies in order to stay competitive. And, when
outsourced work goes to other domestic companies, the entire economy benefits,
some economists say. But the economy only benefits if manufacturers are able to
effectively manage the outsourced work.
In today’s connected world we are seeing the beginning of connected homes, smart grids, self-driving automobiles, drones, and many other amazing devices. Out of all the soon-to-be connected devices, which device poses the greatest dangerous to its users and society?
There is a new cooperation between the Industrial Internet Consortium and Plattform Industrie 4.0 to explore the potential alignment of their two architecture efforts: the Reference Architecture Model for Industrie 4.0 (RAMI4.0) and the Industrial Internet Reference Architecture (IIRA).
The problem with a four-, five-, or six-year degree is that they don’t teach engineers the soft skills required to have a successful career. Here are seven skills that every engineering graduate needs to be successful.
Focus on Fundamentals consists of 45-minute on-line classes that cover a host of technologies. You learn without leaving the comfort of your desk. All classes are taught by subject-matter experts and all are archived. So if you can't attend live, attend at your convenience.