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” International Manufacturing Technology Show (IMTS) 2022 returned to McCormick Place in Chicago after a 4-year absence due to the COVID-19 pandemic. Improving machines and workers in manufacturing. Protect the digitalmanufacturing supply chain. Courtesy: Chris Vavra, CFE Media and Technology.
With the expansion set to significantly increase the factory’s production capacity, it responds to the increased demand for automation from 70% of US businesses looking to bring production closer to home, as revealed by ABB Robotics’ survey of 1,610 executives in the US and Europe in June 2022.
According to the Netwrix 2022 Cloud Security Report , cloud adoption is accelerating in the manufacturing sector: organizations report that they expect 52% of their workloads to be in the cloud by the end of 2023, up from the current 35%. It offers tailored solutions to address a manufacturer’s cybersecurity needs.
Companies of all sizes wrestle with the issues of digitalization and improved asset management, the challenges of preparing production orders, materials and tooling acquisitions. At IMTS 2022, Siemens showed how its Teamcenter Manufacturing software defines the part manufacturing plan. Courtesy: Siemens.
With the high inflation, increasing labor costs, labor shortage, energy crisis and hybrid working, the manufacturing industry experienced significant turmoil in 2022. Although some of these have started to get eased, 2023 is still expected to be a challenging year for the manufacturing industry with many transitions ahead.
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