Carrying forward from our discussions in #hkuiom regarding Sensor Tech, the Internet of Things and Big Data in the context of manufacturing, below is a video caselet. Stanley Black & Decker has scratched the tip of the iceberg that we have envisioned in our discussions.
Here is an infographic released by IDC last year, that showcases the (lack of) awareness of Big Data among manufacturers in Asia.
Customers will now be able to order 3D prints at UPS stores, which will be equipped with Stratasys commercial printers.
This excellent infographic, by HighTable, provides a nice snapshot of 3D printing. It explains what is 3D printing, the growth of this yet nascent industry, a few select uses of this technology.
Image by HighTable
See the original here.
India has a 22% share in the global engineering research and development(ER&D) outsourcing market, with current revenues of $10 billion expected to grow to $40 billion by the end of the decade. Hopefully, this export-oriented R&D will have spillover effects for local industry and help in improved manufacturing innovation for Indian firms, especially in fast growing sectors.
Image via Wikipedia
With over 400 service providers employing nearly two lakh people and revenue of $9-10 billion, ER&D currently contributes 15 per cent of the $60 billion strong Indian IT-BPO export industry. During FY 2011, the cost savings by India-based ER&D Centres was over $20 billion.
Elaborating on sectors expected to have a bright future in India, Pandit said, “The Indian market is booming and as a country, we are no.1 when it comes to ER&D outsourcing. Sectors such as consumer electronics, automotive, energy, telecom and medical electronics have a great future.”
Read more in ‘Future bright for consumer electronics, automotive sectors’ – Indian Express and Business Line : Industry & Economy / Info-tech : Nasscom pegs engineering design market at $40 b by 2020.
Image via Wikipedia
A mutually beneficial situation – the largest employer in the UK, Tata brings animal spirits and resources to the seemingly moribund British manufacturing industry. Tata gains not only 60% of revenues, but also from improved management processes, advanced technology and access to the international stage.
India’s industrial outpost: Tata for now | The Economist.
Tata UK is now the country’s biggest manufacturer, with almost 40,000 workers—just ahead of British Aerospace. Add in Tata’s service industries, such as consultancy, and the payroll tops 45,000 (see chart). Its presence in Britain is part of a growing trend. Britain is second only to America as a destination for investment by emerging-market firms, many of them from India.
But just how sweet is Tata for Britain? Any fears that Tata would strip out technology and ship it home have proved baseless. The headquarters of Tata’s beverage business is Uxbridge, a London suburb, not India. Resources have been poured into other businesses.