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Manufacturing industry turning to robotics and AI in challenging economic landscape, says Deloitte

December 3, 2019 by Sam Francis Leave a Comment

The manufacturing industry is turning to robotics and artificial intelligence as well as a range of other strategies to navigate an increasingly challenging economic landscape, according to a report by Deloitte.

The management consultancy says that, as the risk of a global economic downturn grows, the industrial manufacturing industry faces a challenging landscape in 2020 replete with trade tensions, muted job growth, supply chain volatility and an ongoing skilled talent shortage.

Yet, despite these headwinds, industry leaders are rapidly developing coping strategies – not only to weather the brewing storm, but to thrive in spite of it. [Read more…] about Manufacturing industry turning to robotics and AI in challenging economic landscape, says Deloitte

Hyundai reorganises R&D centre structure to streamline vehicle development

July 19, 2019 by Anna

Hyundai Motor Group has begun a series of sweeping changes to its R&D organisations and development processes, enabling greater responsiveness to the changing future mobility technology landscape.

Promoting a keener focus on customer needs, the new approach will also streamline the decision-making and development processes to achieve efficiencies and cost optimisation.

Through reorganisation under Architecture-Driven System-Based Organisation (SBO), technology units at the Group’s R&D Division in Korea will align their operational processes to transform the Group.

Oceaneering selected to ‘digitally’ transform Pacific Drilling’s global fleet

May 7, 2019 by Anna

Oceaneering International, Inc., and Pacific Drilling have entered into a five-year Digital Services Package agreement to provide Pacific’s customers with better reliability and improved throughput enabling streaming video and real-time data.

This will allow the provision of emerging services such as remote ROV piloting, surveying, and automation aboard Pacific Drilling’s high-specification drillship fleet.

As a result of these efforts, Pacific Drilling’s customers can benefit from higher security, increased access and management of third parties as well as new and expanded digital services.

[Read more…]