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Cofounder Johannes Trabert, who lives a poetic life in the Thuringian Forest, says the future will be focused on ‘the clever share of work’ between humans and robots.

The industrial revolution of today, called Industry 4.0, is driven by the interconnectedness of advanced technology, automation, robotics, and real-time data, also called the Internet of Things (IoT). While these cyber-physical systems can autonomously exchange information to trigger actions and make decentralized decisions, it’s impossible to dismiss the importance of the human element in manufacturing.

The energy industry is often at the forefront of our minds as we watch fuel prices climb and then celebrate when they come down. We continually find ways to be as energy efficient as possible in our homes and workplaces. Media outlets keep us constantly informed of this often-volatile industry’s ups and downs.

If you look at all the companies that were on the Fortune 500 list in 1990, “a very large percentage of them are not there anymore,” David Brousell, executive director of the Manufacturing Leadership Council, told people attending his talk on “Manufacturing 4.0” at Oracle’s recent Modern Business Experience conference.

On-time delivery (OTD), a measurement of the level of finish goods or services delivered when promised and in full, is a signal of efficiency that reveals how well operations is doing.

Blockchain technology is becoming a key player in modernizing supply chains to enable easy tracking, automate transactions and delivery, and build end-to-end trust, Chandra Narayanaswami, principal research staff member, Member IBM Academy of Technology at IBM Research, told people attending a smart manufacturing session at the MD&M West conference here last week.

One of the fastest growing automotive markets in the world is India, and one of the most successful companies there is a company called Maruti Suzuki. Maruti formed a partnership with Suzuki in the 1980s.

Tackling the workforce skills gap issue involves dealing with not only experienced employees who have sharp subtractive manufacturing skills but have to be prodded to move into additive manufacturing (AM) but also newbies who still need to hone skills required to harness the promise of emerging technology, Atlas Stamping and Manufacturing CEO Lynda Prigodich-Reed said.

Not everything should be additively produced. But military training cockpits should. In the five years since the Advanced Manufacturing Center was first established at Lockheed Martin’s Training and Logistics plant in Orlando, FL, grown parts insertion on end-use applications has steadily grown.

Business France will in March wrap up its first accelerator “dedicated to the industry of the future in North America.” The 10-month program is specialized in monitoring and control tech, as well as data analytics.