Jim Toman of system integrator Grantek explains the overall equipment effectiveness formula, how to apply the results and why the metric remains relevant. Welcome to the Automation World Gets Your ...

The world of microeconomics and business decision-making hinges upon a key concept: marginal cost. In the simplest terms, marginal cost represents the expense incurred to produce an additional unit of ...

Many traditional fastener factories face a dilemma: the screw stamping equipment in the workshop appears to be operating at ...

The courses offered in this catalog are a curated collection of learning materials that provide an overview of Industry 4.0. It is designed to provide resources that businesses can use to understand ...

Though it’s still early in industry’s digital transformation journey, real world applications show how manufacturers are boosting maintenance, quality and production operations with data, AI-infused ...