General Electric has resumed negotiations to sell its industrial solutions business to ABB, according to a report on Reuters.com.
The US conglomerate’s industrial solutions business includes products such as circuit breakers, relays, panel boards and other technologies for sectors including power generation, telecommunications and mining.
Accenture using a “new way” of measuring corporate competitiveness
Industrial companies, such as automotive manufacturers, could unlock billions of dollars in revenue by adopting a more “holistic strategy”, according to a new report by Accenture.
The business management consultant conducted a survey into competitiveness in industry and found that the best approach is one that places equal emphasis on growth, profitability, sustainability and trust.
This “inter-dependent” strategy “yields massive growth potential”, says Accenture, which bases its conclusions on analysis of 47 automotive and industrial companies’ performances.
Despite an endless stream of stories in the media warning of humanity’s impending irrelevance in an automated future, it seems American workers remain rather blasé about the prospect of being automated out of existence in the workplace.
New research by Randstad US contradicts many reports that American workers fear losing their job due to automation.
The manufacturing sector is experiencing a dramatic turnaround in business, according to figures released by the White House.
President Donald Trump has consistently said he wants the manufacturing sector to grow and has personally intervened to persuade many large manufacturing companies to consider relocating or expanding their operations in the US.
The real world and its digital twin are collaborating to bring forth something called “mass customisation”, a new manufacturing culture which, as the term suggests, will be the basis for the most diverse ecosystem of engineered products ever seen.
Business optimism may be fueling recent spike in number of executives reporting increased use of automation
The number of US companies reporting an increase in their use of automation doubled in the first quarter of 2017, fueled in part by a recent spike in business confidence, according to a report released by global talent solutions firm Randstad Sourceright.
Based on a global survey of C-suite and human capital leaders, Randstad Sourceright’s Talent Trends research finds that 36 percent of US companies have increased the use of artificial intelligence and robotics over the last 12 months, up from 18 percent during the fourth quarter of 2016.
Acorn Sales, a specialist in customized, handmade rubber stamps and embossing seals, says it has significantly shortened its supply chain by deploying Rethink Robotics’ Sawyer at its facility in Richmond, Virginia.
Family-owned and operated for over three generations, Acorn is a self-described “small business operating in an Amazon world”.
Exclusive interview with Matt Wells, of GE Digital. By Abdul Montaqim
GE Digital is a subsidiary of General Electric, the quintessential American multinational corporate conglomerate with operations in more countries than the United Nations.
But far from being just one of its parent company’s dozen or so subsidiaries, GE Digital is something of a shooting star, outperforming many other subsidiaries to the point where it is informing, if not transforming, the entire culture and ethos of the company.
Leroy Spence, sales and business manager at industrial spare supplier EU Automation, discusses the industry super trends that will change the face of manufacturing in 2017
The third Monday in January, also known as Blue Monday, is supposed to be the most depressing day of the year.
Despite emerging from marketing and pseudo-science, the idea holds a nugget of wisdom, considering the weather conditions, debt level, time passed since the winter holidays and time until the next holiday.
Tharsus Group, a 50-year-old UK-based designer and manufacturer of automation and robotics equipment, has expanded its operations by opening a new office in County Durham, in north England.
The Northumberland-based business, which delivers commercial robotics and automated solutions to some of the world’s leading companies, opened an office at the North East Technology Park (NetPark) in Sedgefield, as part of an initiative to widen its access to the North East’s talented pool of engineering professionals.
Despite headwinds in the global economy, internationalisation will continue to drive the growth of companies in the engineering consultancy sector as infrastructure demand remains strong globally.
Meinhardt Group, a global engineering, planning and management firm, is working closely with International Enterprise Singapore, the government agency partnering Singapore companies in going global, on its expansion strategy to Africa and the Middle East.