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What does a submarine operating underwater have in common with a metal stent propping open a human artery? More than you’d think initially.

Being a competitive player in the aerospace and defense industry is no small feat. In an industry in which you need to be accountable for every piece of an assembly, meeting customer expectations and requirements can be daunting tasks.

Several years ago, a global commercial vehicle maker asked my firm to develop a remote fleet management, health and performance portal that would open a new revenue stream.

What is smart manufacturing? Essentially, smart manufacturing is the practice of making information about manufacturing processes available when and where it is needed, in the form it is needed, so that smart decisions can be made about the course of critical business operations.

Manufacturers of all sizes see an uptick in productivity after adding a factory within a factory via an automated machining cell. The cells are small-scale, clearly defined production units, often for a family of similar parts or a product, and they typically include a robotic arm and one or more machine tools. These can include horizontal and vertical lathes, machining centers and grinders. The cell may also include a conveyor component.

Software AG (Frankfurt, MDAX: SOW) announced an original survey of over 125 North American manufacturers in the heavy industry and automotive sectors that revealed they are unable to scale their Industrial Internet of Things (IIoT) investments across their enterprises, and therefore are losing millions of dollars in potential profits while falling behind competitors that have invested in enabling technologies that support IIoT across the enterprise.

High QA, Inc., the developer of Inspection Manager Quality Management Software, has established a headquarters operation in Sevenum, Netherlands, to directly serve its customers on the European continent.

With an influx of investment in digital factories, the playing field is changing and the ROI for digitizing production is becoming ever more apparent. However, restraints, such as company size and a disconnect between IT and OT, means the road to a successful digital transformation is one very few will be able to do alone.

Cloud technology presents manufacturers with opportunities to improve the flexibility, scalability and efficiency of their operations. Realizing these benefits will require more than simply doing a one-to-one transfer of current technology to cloud-based servers.

What do you think of when you hear the word factory? Probably some huge space, with machines humming and personnel walking around with notepads in their hands.