Future success means knowing how to implement AI

Companies must know how to implement AI to remain competitive as manufacturers continue into the next industrial revolution.
At its core, artificial intelligence is just a tool to do the things t…

High-tech sports equipment: what do consumers want?

The sporting goods market is undergoing a major technological disruption: smart products are changing the way consumers and elite athletes interact with once seemingly simple products.

Tec…

A new digital transformation strategy can fuel innovation

While there’s a select group of companies that invent new products and introduce bold new ideas on a regular basis—these organizations are referred to as “first movers” or “fast innovators”—the reali…

Condition-based maintenance: a boost against the competition

To compete in today’s global economy, businesses are searching for potential advantages that won’t cost them an arm and a leg, or even a new engine.
A growing number of industries—from marine com…

How can companies use artificial intelligence technology?

Artificial intelligence technology is about collecting vast amounts of data from devices around the world and making sense out of it. Data is only useful, though, if you can do something with it. Art…

Cars, mobility, chip-to-city design and the iPhone 4

 
What’s the big deal with cars and computer chips? There are regular rumblings about carmakers wanting to be more involved in the development of semiconductor chips for some of the high perfo…

How heavy equipment manufacturers can conquer cost challenges

Heavy equipment manufacturers are feeling the squeeze.

Tariffs on steel and aluminum are impacting their ability to meet new customer demands. One manufacturing expert described the situat…

New technology in industry is creating a platform economy

Twenty years ago, product-centric companies dominated a list of the most valuable companies in the world. The list was a Who’s Who of automotive, manufacturing, oil and gas, and brick-and-mortar reta…

Procurement’s role in lowering product development costs

Procurement professionals are constantly looking for ways to lower product development costs, reduce maverick spend and SKUs, increase contract compliance and inventory turns and lower working capita…