Digitization’s Role in the Transformation of Manufacturing
College Park, a maker of prosthetics, uses CAD models to simulate how prosthetics will fit each customer. The company has created sophisticated 3D models and simulations to test various designs, eliminating months from the prototyping process.
Chuck, I'm surprised that the percentage increase is that low. The Lux Research study we wrote about here http://www.designnews.com/author.asp?section_id=1392&doc_id=262205 describes an overall growth in dollar value of more like 800% over 13 years. What was the time period in the Oxford study?
Very informative post. It's interesting that the Oxford study cited points to changes in business process and strategy/planning on new products as primary goals for manufacturing companies in the short term. And more than half basically say their manufacturing operations are already run very efficiently. It makes sense that transforming the business process through digitization is the major area for growth and change.
More often than not, with the purchase of a sports car comes the sacrifice of any sort of utility. In other words, you can forget about a large trunk, extra seats for the kids, and more importantly driving in snowy (or inclement) weather. But what if there was a vehicle that offered the best of both worlds; great handling and practicality?
Science fiction author Isaac Asimov may have the best rules for effective brainstorming and creativity. His never-before-published essay, "On Creativity," recently made it to the Web pages of MIT Technology Review.
Much has been made over the potentially dangerous flammability of lithium-ion batteries after major companies like Boeing, Sony, and Tesla have grappled with well-publicized battery fires. Researchers at Stanford University may have come up with a solution to this problem with a smart sensor for lithium-ion batteries that provides a warning if the battery is about to overheat or catch fire.
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