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ToolsGroup Acquires Evo for Industry Leading Responsive AI

ToolsGroup

ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. About Evo Since 2015, Evo has used revolutionary prescriptive AI to help managers around the world make better business decisions.

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Steel Fabrication and General Manufacturing Tips and Tricks for 2015

GlobalTranz

Suppliers of steel fabrication and metal working equipment and technology are looking forward to a significant rise in demand from the region’s resurgent construction sector, one of the key demand drivers for the fabrication industry. Look for the steel fabrication industry to want to add capacity to gear up for the unexpected.

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Industry 4.0 is the Foundation of Manufacturing’s Future

Enterra Insights

Industry 4.0 is a term coined by the German government as shorthand for the Fourth Industrial Revolution. They write, “Industrial production was transformed by steam power in the nineteenth century, electricity in the early twentieth century, and automation in the 1970s.”[1] Vieira goes on to explain that Industry 4.0

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Industry 4.0: The Emergence of Cognitive Manufacturing

Enterra Insights

Industry 4.0 is the popular name given to the fourth industrial revolution ushered in by the digital age. They write, “Industrial production was transformed by steam power in the nineteenth century, electricity in the early twentieth century, and automation in the 1970s.”[1] ” Some pundits believe Industry 4.0

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The Industrial Internet of Things, Manufacturing, Supply Chain & Logistics: Where Are We & Where Are We Going?

GlobalTranz

In place of long paper trails and maintenance schedules, machines with the capacity to communicate their needs and issues via the industrial Internet of Things (IoT) are becoming an essential component of effective processes. However, estimated IoT spending includes the following: 2015 - $5 billion. trillion to $14 trillion by 2022.

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Big Data, Analytics, and Industry 4.0

Enterra Insights

Despite years of discussion about the fourth industrial revolution (aka Industry 4.0), the revolution remains in its infancy. They write, “Industrial production was transformed by steam power in the nineteenth century, electricity in the early twentieth century, and automation in the 1970s.”[1] ”[3] In the Industry 4.0

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Are People Seriously Talking About a Fifth Industrial Revolution?

Enterra Insights

As far as revolutions go, we remain in the infancy of the Fourth Industrial Revolution (aka Industry 4.0). A 2021 survey conducted by PTC found that the Industry 4.0 In spite of the fact that the Fourth Industrial Revolution is still ongoing, some experts are already speculating about what comes next (i.e., Industry 5.0).