The Internet of Things is changing and improving our lives and work in more ways that you might realize. From tracking heart rates, monitoring machines on the shop floor controlling devices at the home or office, to sensing changes in an environment, IoT is revolutionizing the way we interact with the world around us.
There were around 500 million devices connected to the Internet in 2003. Jump to 2010 and, with the advent of smartphones, the number of connected devices increased to 12.5 billion. Research and advisory company Gartner, Inc. predicts this number will increase by the year 2020 to 20 billion devices. Most of these connected devices will be generating data. And when analyzed properly, this data can help companies make better business decisions, improve customer experience, reduce operational costs, and create new revenue opportunities.
The manufacturing industry is changing at an unprecedented speed. According to the International Data Corporation (IDC) “Manufacturers of every size and shape are changing rapidly because of new digital technologies, new competitors, new ecosystems, and new ways of doing business.” Customers today are also much more aware, demanding improved efficiency and innovative products. Technology is the catalyst behind this disruption. And organizations will only survive if they adapt quickly and stay abreast of the current manufacturing industry trends.
Learning is continuous. After all, there are always new skills to learn and techniques to adopt. A culture of learning in an organization can also improve business performance, increase profit, and boost the morale of a workforce.
As per the study “Are SMART Goals Dumb?”, only 42% of workers say they are always or frequently learning on the job, while another 39% percent say they are never or rarely learning. This is because many organizations believe that an investment in learning and development is not only expensive, but it may also lead to a delay in the completion of projects. It is time we bust these myths. Learning and development not only provides the company as a whole and individual employees with greater benefits, but it also makes cost and time a profitable investment.
The manufacturing sector has been greatly impacted by the Industrial Revolution and the world has moved towards automation and, finally, digital transformation is here to change the world with areas full of unexplored opportunities, IoT (Internet of things), and AI (Artificial Intelligence). The impact has been a customized production model instead of mass production. Digitization is happening on a rapid scale as customers’ demands and expectations are on a rise, leading to the integration of AI in electronic devices that see day-to-day use, making the entire operation automatic. The advent of artificial intelligence has meant a machine’s ability to learn and adapt to human behavior, which in turn led to robotics. Robotics is not a new concept; traditionally, robots were confined to performing repetitive tasks on the assembly line. Presently, robots are much more capable of identifying human behavior and are highly collaborative with different devices.
The process of forging produces some of the strongest manufactured components as compared to other metal manufacturing process, making it so important in the metal manufacturing industry. Forging does not change the grain structure of the metal as it is formed, making it all the more innovative. It is the process of shaping metals into desired dimensions by using compressive forces applied through various tools.
A skilled workforce is the fuel for the manufacturing industry’s engine of growth. As per a report by Deloitte, approximately 3.5 million manufacturing jobs will likely need to be filled in the U.S. from 2015 to 2025. It further forecasts that the skills gap will leave 2 million of these jobs unfilled. And without sufficient availability of a skilled workforce, manufacturers could face inefficient production lines and competitors snatching their business, making hiring and retaining talent equally critical to company success.
Digitalization has affected the manufacturing field to a great extent. This revolution of computerization has changed the way the industry looks at the process of manufacturing. At one time, entering the manufacturing field meant a less demanding workplace requiring a lower skill set. Today, the landscape has drastically changed, leading to problems in terms of finding the right candidates but also providing a great opportunity for highly skilled candidates.
The manufacturing sector plays a very vital role in the economy of many countries. The industry contributes to economic growth, as a source of employment and productivity. Further still, it is imperative for future growth. It is therefore very important for manufacturing to grow. Undoubtedly, we are in a century where we have the best technology and facilities which, if implemented well, can be beneficial to the industry.
In any welding environment, safety is critical. If safety practices are ignored, people working may face an array of hazards which can be potentially dangerous and lead to electric shocks, poisonous fumes and gases, fire and explosions, and even life-threatening accidents. Implementing safety measures in the welding environment depends largely on the emphasis safety is given in an organization. While it is important to encourage employees to follow safety rules to establish a safe welding operation, choosing dependable safety equipment is also very important.
No matter the level a person reaches in his or her professional career, regular workplace training requirements will keep them up-to-date on trends in their industry and position. It is worth a mention, too, that regular training helps lift a person’s confidence. For this reason, any company, whether a big brand name or a small startup, can benefit from organizing training sessions for its employees. A corporate training program helps boost the overall performance of a workforce. When companies arrange these programs, they are proving that they see truth in the saying “invest in people and they will invest in you”.