Global supplier of industrial automation parts, EU Automation, has released an infographic detailing the benefits of purchasing obsolete components as opposed to buying brand new equipment.
Focusing on the financial and regulatory benefits of sourcing obsolete, the handy infographic is available to download from the EU Automation website.
By investigating the cost of downtime in manufacturing industries, specifically for the food and beverage, automotive and pharmaceutical sectors, EU Automation’s infographic names sourcing obsolete components as one of the fastest and most cost-effective ways to minimise stoppages in production. Continue reading Infographic: Why choose obsolete?
Jonathan Wilkins, marketing director of EU Automation, looks at managing obsolete automation components in the factory of the future
In 10 years’ time robots will cease to be subservient/submissive, manufacturing won’t exist as we know it and we’ll be 3D printing our own clothes before we go out.
Do any of these sound like familiar predictions you’ve heard over the last five years? We thought so. With this in mind, we’ll tread lightly when talking about what the highly interconnected future has in store for industrial automation.
Survey of 200 executives indicates most manufacturers plan to increase investments in data analytics over next year – even while delaying other technology investments
A recent survey of manufacturing executives indicates many respondents (67 percent) are pressing ahead with plans to invest in data analytics even as they pare back spending in other areas to combat tough business conditions.
The reason: Many say they view data analytics – a key component of the Industrial Internet of Things (IIoT) – as a viable solution to a cycle of problems that lead to downtime and lost revenue.