From wearables and drones to cars, home appliances and medical equipments, the world is increasingly progressing towards a connected era. Gartner predicts that the number of connected devices is set to touch 25 billion by 2020 and will contribute an estimated $3 trillion to the economy. This new economy of goods and services based around…
How to Effectively Deal with Late Stage Design Changes
It’s not surprising for even the top class product manufacturer to expect last moment changes in the design, which affects the entire product development cycle, increases costs and extends the product launching date unnecessarily. Everyone in the manufacturing sector knows about this issue, but there are only few who do something about it. Research from…
3 Key Growth Strategies for SMEs to Survive in a Competitive Manufacturing Market
Around the globe, small and medium scale product manufacturers are struggling to cope up with the digital transformation, accelerated by breakthrough technologies such as CAD/CAM/CAE, robotics, 3D printing, etc. It is in the interest of SMEs then, to adapt to these rapid changes and redefine their industrial processes, if they do not wish to be…