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Unlocking the full benefits of IoT technology
A more sophisticated approach made possible by the latest IoT systems is predictive analytics, which captures a far more detailed stream of continuous, full-spectrum data that is transmitted close to real-time speed, says Chris Riché.Read more
Sundram Fasteners shows Rs 500 Cr profit in audited financial results for FY23
The board of directors of Sundram Fasteners Limited announced the audited financial results for the year ended March 31, 2023. It showed the twin milestones of crossing consolidated revenues of Rs 5,000 crores and net profit of Rs 500 crores by the company.Read more
Igus finances Plastic Fischer's initiative of collecting plastic waste in Indian rivers
A non-profit company, Plastic Fischer is working since 2021 to fight marine pollution and protect marine biodiversity. Its river-cleaning initiatives are supported by companies such as igus in Cologne, which is financing the collection of altogether 10,000 kilogrammes of plastic waste.Read more
Industrial parts cleaning redefined at parts2clean 2023
The 20th parts2clean, with an expanded range of solutions, highlights topic ‘High Purity’ this year. This anniversary edition of the leading international trade fair for industrial parts and surface cleaning will take place from September 26 to 28, 2023 at the Stuttgart Exhibition Grounds.Read more
Freudenberg shows profitability, heavy investments in 2022
Global technology group, Freudenberg presents figures for the year 2022 which shows sales of more than €11.7 billion with an increase of 17 per cent, operating profit of €941.8 million with an increase of 7 per cent and €2 billion investment in research and development with 15 per cent increase in investment on future technologies.Read more
Four wonderful benefits of subassemblies in manufacturing automation
Subassembly manufacturing lets designers insert a single blueprint for most of a product, and automation can administer process improvement updates with minimal interference. Subassembly sets a precedent for manufacturers to create more sustainable blueprints that consider the entire process, says Emily Newton.Read more
Top four benefits of automated tube bending
The process of bending metal tubes is historically a labour-intensive one fraught with potential errors and safety issues. Automating this task could offer many benefits, says Emily Newton.Read more
Benefits of applying machine learning in forecasting
While it is difficult to predict the future with certainty, machine learning can help in better forecasting for industries, says Emily Newton.Read more
IO-Link makes sensors fit for Industry 4.0
IO-Link has the potential for replacing analogue transfer of measured values. Since IO-Link data transmission is digital, measured values cannot be distorted by interference on the cable.Read more
Continuous improvement means profitable and sustainable future for industry
Only those organisations who have moved from Total Quality Movement (TQM) to Business/Performance Excellence/Triple Bottom Line (TBL) can successfully address the Sustainability Development Goals (SDG) requirements, says R Jayaraman.Read more