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The implementation of digital technologies, such as the cloud, big data, IoT,
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Dear Industry Expert,
The implementation of digital technologies, such as the cloud, big data, IoT, and artificial intelligence, is increasing in various facets of businesses. |
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TOP STORY |
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Opportunities in the digital twin market
The global digital twin market size was valued at US$3.1 billion in 2020 and is projected to reach US$48.2 billion by 2026. It is expected to grow at a CAGR of 58% during the forecast period. Increasing demand for digital twins in the healthcare and pharmaceutical industries due to the outbreak of COVID-19 pandemic, the changing face of maintenance, and growing adoption of digital twin solutions to cope up with the COVID-19 pandemic are the key factors driving the growth of the digital twin market. More... |
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TECHNICAL HIGHLIGHT |
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TPEs for smart medical devices
Thermoplastic elastomers (TPEs) play a vital role in the smart health and medical devices sector, allowing for ergonomic, economical and functional designs as well as cost competitiveness in the market. In this area, KRAIBURG TPE’s custom-engineered THERMOLAST® K and THERMOLAST® M TPE compounds fulfil a diverse range of design specifications for smart health and medical devices.
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Hexagon enhances smart manufacturing portfolio
Hexagon AB has signed an agreement to acquire D.P. Technology Corp. The ESPRIT CAM System, D.P. Technology flagship solution, is the smart manufacturing solution for any machining application. Supporting any class of CNC machine via a common interface and workflow, it provides high-performance CNC machine programming, optimisation, and simulation for a broad range of precision manufacturing applications.
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Sepro Group launches virtual showroom
Sepro Group has assembled a vast array of equipment and technical expertise in a “Virtual Showroom” that will be online at least until the end of this year. Despite the cancellation of all trade fairs due to the Covid-19 pandemic, Sepro feels it is important to keep in touch with its clients and partners, and all those who seek to automate their production lines, according to Xavier Lucas, CEO. More...
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TRUMPF opens new smart factory in Ditzingen
TRUMPF has opened a new smart factory at its headquarters in Ditzingen. The new facility is already producing sheet metal parts for the company’s machine tools. Designed as a fully connected manufacturing environment, the smart factory also serves as a demonstration center – a place where SMEs and other businesses can see for themselves how efficient sheet metal fabrication works. More...
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Kautex focuses on smart solutions for packaging
Kautex Maschinenbau is aiming to develop smart production solutions for articles, which can be produced at a reasonable cost while adding value and providing the highest quality. The topic of sustainability will also have a decisive role to play. It is going to modernise and extend its portfolio for the packaging sector significantly over the next few months, according to its recent announcement. More...
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Key Technology unveils digital sorter
Key Technology's new VERYX BioPrint digital sorter is the only sorter that can combine near infrared (NIR) hyperspectral detection with colour cameras. It can analyse a richer set of data about the materials it is sorting to improve detection performance and maximise process yield. The new sorter can be equipped with front- and rear-mounted hyperspectral imaging sensors for all-sided inspection of each object in the product stream. More...
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