Software

Capgemini report: Smart Factory investments, expectations are booming

Capgemini’s Digital Transformation Institute reports that manufacturers expect investments in smart factories will drive a 27 percent increase in their operation efficiency over the next five years. This would add $500 billion in annual added value to the global economy. Fifty-six percent of surveyed manufacturing executives said their companies have invested $100 million or more in smart factory initiatives over the past five years, while 20 percent claim to have invested $500 million or more.

GROB, Open Mind to host seminar on 5-axis machining strategies

The GROB Group and Open Mind are joining forces to offer a complimentary two-day technology seminar on August 1-2, 2017. Grob, a manufacturer of universal machining centers is partnering with Open Mind, a developer of CAM/CAD systems, to present innovative production solutions for aerospace and other industries at GROB’s U.S. headquarters and manufacturing facility in Bluffton, Ohio.