Internet of things adoption has been slow because of perceived risks and because people don't always make a business case, says Avnet executive Lou Lutostanski. Avnet acts as a solutions provider to manage every aspect of a company's IoT transition, he says.
Ingram Micro is focused on the cloud and believes the market is not a winner-take-all opportunity, says CEO Alain Monie. The North American market is "very stable and healthy," he adds, with companies generally focusing on different areas.
Arrow Electronics attracts employees in the Asia-Pacific region by interacting with students as early as their second year of college, says Chief HR Officer Gretchen Zech. "Through offering university students internships and trainee programs, we are able to send our brand message to our potential employees," she says.
The key strength of Industry 4.0 technology is its ability to identify and solve the roots of problems, writes Rafael Amaral, a principal consultant at Nukon. To develop a clear picture for Industry 4.0, he writes, companies should use current-state and value-driver assessments.
Lockheed Martin, Mechdyne and Delta Sigma are among companies successfully using augmented reality in manufacturing applications. Delta Sigma has seen a reduction of 92% in rework costs, as well as reduced standard deviation and quality.
Data-driven insights are only as good as the inputs used, writes Steve Cyr of Emerson Automation Solutions, who details six best practices for handling data from computerized maintenance management systems.
Trucking companies are facing a tight labor market and higher fuel costs that are likely to be passed on to the rest of the supply chain, Clarissa Hawes writes. "We see this happen when the economy is strong -- we lose drivers because of new construction or other local jobs," said Mike Card, president of truck operator Combined Transport.
When starting an industrial internet of things project, companies should consider how to create synergies across departments and whether applications are in the right places, writes Jason Andersen of Stratus Technologies.
Distributed I/O can be divided into two categories: closed, remote systems that are ideal for in-house use, and fieldbus distributed I/O, which have more product end types and facilitate sharing between companies, writes Thomas Stevic of ProcessPlus. "It may be a good choice to develop the performance requirements first and design the network to meet them instead of designing the network and modifying the hardware to meet the desired performance," he notes.
The White House Office of Information and Regulatory Affairs is continuing its focus on deregulation by asking for public comment on reducing regulatory costs and restrictions on the maritime industry. It is specifically seeking suggestions on ways to increase "regulatory cooperation between the United States and foreign partners, especially Canada and Mexico."
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