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.
A new service lets engineers and orthopedic surgeons design and 3D print highly accurate, patient-specific, orthopedic medical implants made of metal -- without owning a 3D printer. Using free, downloadable software, users can import ASCII and binary .STL files, design the implant, and send an encrypted design file to a third-party manufacturer.
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.