Good point Dave. That's why I thought this story was important. It shows a major commitment from Kohlberg to expand Phillips, not take it apart. The acquisition is particularly interesting because it signals a new, more modern, direction for this great, almost iconic, American manufacturing company.
I've enjoyed reading your thoughts on the expanded Design News Web platform. Input from readers like you add great value to what the writers are saying. Thanks very much.
Hopefully this is the right decision for Phillips. So often, when ownership of a company changes hands from a dictatorial founder-leader to an investment company, the investment company winds up running things into the ground. The decision to expand into Europe seems to make sense; I just hope they are very careful.
In an age of globalization and rapid changes through scientific progress, two of our societies' (and economies') main concerns are to satisfy the needs and wishes of the individual and to save precious resources. Cloud computing caters to both of these.
For industrial control applications, or even a simple assembly line, that machine can go almost 24/7 without a break. But what happens when the task is a little more complex? That’s where the “smart” machine would come in. The smart machine is one that has some simple (or complex in some cases) processing capability to be able to adapt to changing conditions. Such machines are suited for a host of applications, including automotive, aerospace, defense, medical, computers and electronics, telecommunications, consumer goods, and so on. This discussion will examine what’s possible with smart machines, and what tradeoffs need to be made to implement such a solution.