In 5 to 10 years two-thirds of the manufacturing workforce will be over the age of 55 and approaching retirement. While this could create a shortage of skilled workers in a number of fields including electric utilities, telecommunications, and manufacturing, augmented reality (AR) is poised not only to address issues faced by our aging workforce …
According to TechNavio, the smart glass market is still at its very early stages. The market is expected to grow at a CAGR of 141% and reach US$26.7 billion by 2020. At the moment, the majority of smartglasses users are not private individuals. They are, instead, companies. According to the report, enterprise applications account for 97% of the …
2018 is the year that augmented reality (AR) will stretch out into a new direction, bringing a lot more people into the game. But instant success is not assured – building revenue takes time, and it will take time to determine which AR platform takes the market share. Augmented & virtual reality is the fourth …
Manufacturing has traditionally been considered to be a process that turns raw materials into physical products. Nowadays, the production phase is only a small part of a much wider value chain which is becoming increasingly interconnected. Manufacturers eager to reap the benefits of Industry 4.0, including greater visibility and control, cost savings and more efficient …
In the vision of Industry 4.0, a fully interoperable ecosystem of machines and partners will be realized across the supply chain and data will both inform and correct the course of actions. According to Accenture, Industry 4.0 – also known as The Industrial Internet of Things (IIoT) – could add $14.2 trillion to the global …
Manufacturing has undergone a dramatic change in the last several decades. It’s now facing it’s biggest challenge – the growing skills gap. Automation plays a critical role in production, which means that many tasks that have been historically managed by skilled workers are now being done by machines. Fortunately, workers have not been fully replaced …
Using technology to cross the skills gap in manufacturing Read More
