Manufacturing is currently replete with new technologies that can unlock unprecedented levels of productivity. Additive manufacturing, flexible automation and smart, connected devices can make mass customization cost-effective, free human workers from dull, dangerous tasks and transform our ability to see and analyze process performance.
However, many of these new technologies—such as 3D printing or collaborative robotics—are sometimes criticized for being solutions in need of a pr…
Source URL: Equipment Insurance and the Risk of IIoT Hype
Source Website: Advance Engineering – Engineering.com