Future Factory
What Is Future Factory?
Digital manufacturing requires production lines to be embedded with software that communicates with sensors and is hooked up to the cloud—a so-called future factory. Only with this ability to send and receive data can the equipment improve itself and learn from every part produced in real time.
What Does MxD Do?
MxD serves as a testbed for digital manufacturing technology. In conjunction with its partners, MxD funds the development of new products, some of which are tested and installed on our factory floor. Among them are three retrofit kits that collect data from legacy machines and show how digitization is financially feasible for small and medium-sized manufacturers.
Facts & Figures
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Facts & Figures
Did the cost of sensor rise or fall between 2004 and 2014?
Facts & Figures
It fell from $1.30 to 60 cents, and the cost is projected to drop to 38 cents in 2020. This decline is helping accelerate the adoption of digital manufacturing.
Facts & Figures
How many industrial robots does the U.S. have per 10,000 workers?
Facts & Figures
176, which puts the U.S. eighth, behind South Korea, Singapore, Japan, Germany, Sweden, Taiwan and Denmark, according to the International Federation of Robotics.
Facts & Figures
What percentage of U.S. manufacturing execs say it’s difficult to find the skilled people they need?
Facts & Figures
61%, according to an Accenture survey.
Facts & Figures
True or false? U.S. manufacturing fixed investment, as a share of GDP, trails Hungarian investment.
Facts & Figures
True. U.S. manufacturing fixed investment, as a share of GDP, significantly trails that of global leaders, such as Korea, and up-and-comers, such as Hungary.