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Better asset management adds longevity to industrial equipment

As per Deloitte report, unplanned down time was costing industrial manufacturers $50 billion per year and cutting plants’ productive capacity by five to 20 percent. With Internet of Things (IoT) technologies, businesses are looking at predictive maintenance as a massive opportunity to optimise systems and reduce costs. But it turns out that when systems run better due to smart maintenance, they also run longer, says Jonathan Wood.Read more

API launches robot performance measurement and calibration solution

Robot performance verification is the process of identifying the real geometric parameters present in the kinematic structure of a robot.Read more

API comes out with updated radian laser tracker range

The range comprises three models which offers fast warm-up with accurate measurements and superior measurement stability.Read more

Notable India deals in Q2 2018

Debt funding: Sunsure Energy, a solar turnkey solutions provider, raised zero-collateral based debt capital worth $2.2 million from TATA Cleantech Capital, L&T Finance, and cKers Finance.Read more

Indian solar sector attracts $5.3 bn in H1 2018

According to Mercom Capital, total corporate funding in solar sector in the first half of 2018 was up by 15 per cent compared to H1 of 2017.Read more

GST provided a much required boost to Indian SMEs

Small and medium enterprises (SMEs), considered to be the backbone of the country’s economy, still face a plethora of roadblocks in India.Read more

Waaree Energies launches 1 GW solar plant in Vapi

The company claims to become the largest solar panel manufacturer in India as it expands capacity to 1.5 GWRead more

Capital availability a concern for MSMEs: Opinion Poll

While CII CEOs Opinion Poll said that investments and demand are set to grow strongly and capacity utilisation is building up, it raised some concerns on credit availability especially for MSMEs Read more

Proto Labs completes RAPID acquisition deal

Proto Labs completed its acquisition of privately held company Rapid Manufacturing Group LLC (RAPID), a New Hampshire (USA) based custom parts supplier specialising in quick-turn sheet metal fabrication and CNC machining. With the acquisition, Proto Labs will be able to offer its customers another quick-turn manufacturing service while expanding its CNC machining capabilities.Read more

India will be the key in shaping the future of global economy

Considering the fact that around 90% of industries in India come under the manufacturing sector, SMEs play a critical role in the growth of Indian economy. For India to become a global manufacturing hub, Kalyan Sridhar, Country Manager, PTC India, believes that it is critical to empower the growth of ancillary industries and deploy technology that will result in making the country an efficient manufacturing destination. In this interview, he explains the importance of new-age technologies in revRead more

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