initiatives

Implementing smart technologies has enabled factories make gains of up to 12 percent, according to an authoritative new report by Deloitte and the Manufacturers Alliance for Productivity and Innovation.

The areas in which the gains were achieved include: manufacturing output – an important US economic indicator; and factory utilization; and labor productivity.

Looking ahead, smart factory initiatives could lead manufacturers to experience labor productivity increases of 4 percent, which represents a three-fold improvement over the past decade’s average annual growth rate of 0.7 percent (2007-2018). [Read more…] about Going ‘smart’ helps factories make 12 per cent gains, says new report

Panasonic and Toyota have concluded contracts aimed toward the establishment of a new joint venture related to the town development business.

Both companies aim to fuse the mobility services initiatives promoted by Toyota and the “lifestyle updates” initiatives spearheaded by Panasonic.

A rapid change is expected in this business due to the accelerated deployment of IoT technologies in home appliances, household equipment, etc., as well as the evolution in mobility, such as CASE (Connected, Autonomous, Shared and Electric) and MaaS (Mobility as a Service), a new concept of providing services by connecting cars, public transportation and other means of transportation through IT.