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The current trade wars between the US, Europe and China are proving to be a thorn in everyone’s side, and people are looking for solutions. This may not come from a change in political climates (sadly), however the technological trends we have been observing in the past few decades point towards an exciting possible outcome. The economy as we have it structured today may not hold up to new manufacturing technologies that enable decentralized, as-needed production. 3D printing is making it redundant to have warehouse stock and to deal with the infinitely complex hassle of global logistics. Plus, every step of the pipeline is being digitized, made flexible and agile, empowered by data and capable of so much more than if constrained in its traditional box. As Apple has proven, data is the new oil and is the foundation of present and future enterprises. Are current laws up to these elevated standards? Do we need to revise our concept of economy in light of these affirmed and evolving technologies?
How 3D printing could help save us from trade wars
While tariffs and trade wars from the White House may threaten our jobs, peace and prosperity, technology innovations from American business could save us. Just as new technology in energy production and extraction have reduced our dependence on the Middle East, a technology innovation of a very different sort — 3D printing — is already poised to reduce our dependence on Asian factories.
Read the rest here.
3D Printing Industry Experts Comment On Impact Of Trade Wars Tariffs On Additive Manufacturing
Today marks the start of US trade tariffs on goods valued at $34 billion worth of imports from China. A list published by the Office of the United States Trade Representative (USTR) details the 818 tariff lines that will be subject to an additional 25% in duty. China has responded with additional import taxes on US goods valued at a similar amount. 3D Printing Industry contacted resellers, manufacturers and other 3D printing insiders around the world for their thoughts about how the “the biggest trade war in economic history” will impact additive manufacturing.
Read the interviews on 3D Printing Industry.
Apple Is The New Exxon And Data Is The New Oil: The Path To The First $10 Trillion Company
There is no longer any doubt that the 21st century will be propelled by companies producing and using data, just as the 20th century was propelled by companies producing and using oil. The analogies are numerous and accurate and all emanate from the core reality: the century-long era of petroleum and the rise of automobiles and aviation is now followed one of data and the rise of computers and robots.
Read the rest on Forbes.
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AUTHENTISE will be exhibiting, through a partnership with America Makes, the power of smart digital tools within the AM production thread. Showcasing our 3Diax modular platform and MES for AM, you’ll be able to witness how our machine learning algorithms and automation tools can boost operational performance through the roof for each role within the pipeline.
WHERE: additive ETC, located on Level 3 of the West Building at McCormick Center.
Hello, this week we got to witness the power of data on present businesses and good look at what our future has in hold. Information is not only increasing, it’s coming from more devices, in various formats and in very high bandwidths. Every business has to consider how to manage this complex and messy data tsunami. The prize is lucrative: GE foresees that IIoT will increase global GDP by $10-$15 trillion over the next 20 years. At the same time plug & play IoT solutions are making it easier to reap the benefits of networks of sensors and new ways to create and interact with information, digitalizing the world around us, are lowering the bar to enter this world.
There’s a lot to cover in this week’s edition, so let’s get to it.
IIoT could boost GDP by $15 trillion, though data barriers remain
GE research predicts [IIoT] will help generate a $10-$15 trillion boost in global GDP over the next 20 years. Bit Stew Systems commissioned a survey of top IT executives on their readiness for the IIoT revolution. 80% saw the top benefits of IIoT technology as enhanced operating efficiency and uptime. Despite these benefits, 70% are only in the planning phase of integrating IIoT technology. 70% of those surveyed said that proven data modeling and mapping capabilities were the most important aspect of an IIoT platform. However, 64% said that the biggest IIoT challenge stems from difficulties integrating data from a variety of formats and sources, as well as problems extracting business value.
Read the data rich article at ReadWrite.
Plug and play mesh IoT sensor system unveiled
Vicotee AS, part of the Virinco Group of Norway, released at the show a plug-and-play IoT sensor system based on the Smartmesh IP from Linear Technology. The Vicotee system includes Njord sensor modules, the Bifrost gateway, and cloud services for collecting data and managing devices, and operates out of the box collecting temperature, ambient light, humidity, and accelerometer data. The system may well help ease industry’s path to the IIoT.
Read more here.
Microsoft’s 3D Plans and How They May Affect Everyone Else
In their most recent OS, Windows 10, the company has just provided a series of interesting 3D software tools. The first and most important [effect] is that a great deal more people will be directly exposed to 3D technology. By including this stuff with their software, many more people will bump into it. Secondly, those using the 3D tools will become accustomed to the idea of 3D. The result will be many more 3D-enabled people on the streets of the future. Finally, Those who created systems for providing simple 3D modeling or scanning may suddenly find themselves short customers, because some folks simply found what they needed with Microsoft.
Keep reading at Fabbaloo.
This week we will be roaming Formnext‘s booths, see you there!
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