In a recent article on the website, The Verge, the announcement of GoPro’s new drone is discussed. GoPro has just released its first ever drone (The Karma) to accompany to of its newest cameras. The Karma allows for the user to have a more connected experience with its camera and the footage that is recorded. With GoPro having its own drone, the user will be able to “stay” on GoPro’s own ecosystem.
The article “3D printing and the Future of Manufacturing” (http://www.industryweek.com/emerging-technologies/3d-printing-and-future-manufacturing-infographic) is an infographic that breaches the norm of 3D printing discussions. Instead of talking about how 3D printing could influence the industrial manufacturing industry, this article focuses another potential user; the non-industrial consumer. As stated in the article “Today, almost anyone can become a manufacturer or contribute to the manufacturing process.” “If applied correctly, that point might be the biggest business opportunity presented by the technology to date.” The article displays ten major characteristics of 3D printing, three of which will be discussed today.
- The range of materials is exploding: 3D printing is no longer limited to plastics or the recently added metals, but can now be incorporated with ceramics, concrete, food, and other biological substances, among others. This opens the 3D printing market to virtually every business today.
- New major players: As stated above, almost anyone can become a manufacturer or contribute to the manufacturing process. The possibilities are endless.
- The consumer possibilities are also endless: 3D printing enables customization at no additional costs, giving a sustainable solution to the “thirst” of personalization.
These three main points, along with many other aspects and benefits of 3D printing, create the perfect storm for 3D printing to flourish. As the technology grows and improves, the impact of 3D printing will only continue to grow.
In a recent article on the website, Berkeley News, the announcement of a $4.6 million grant was discussed. With companies wanting to integrate driver less cars and delivery drones into our society, the need for the safe operation of these machines is paramount. The National Science Foundation has awarded UC Berkeley $4.6 million over five to a group of researchers called VeHICaL, towards researching and improving the human/machine interface. With this grant VeHICaL hopes to find new and improved ways to the manner in which humans and machines interact. How may humans benefit from the interaction with robots? How can drones hurt/help society? How may people be hesitant to adopt this technology?
The article “Why 3D Printing Could be a Manufacturing and Logistics Game Changer” (http://www.manufacturing.net/blog/2013/10/why-3d-printing-could-be-manufacturing-and-logistics-game-changer) reviews the capabilities revolutionary characteristics of 3D printing. The article highlights five main benefits of 3D printing:
- Three-dimensional printing increases production speed while reducing costs: For any company it’s beneficial to either increase production speed or reduce costs, but to be able to do both would change the industry completely.
- Consumer demand will have more influence over production: The possibilities of customization with 3D printing could “re-establish how manufacturers respond to customer demand. Manufacturing could become more consumer-based and responsive to the current market and its needs”.
- Instead of outsourcing, we could return to “near-sourcing” and U.S. production: With lower costs, outsourcing labor could become unnecessary. In contrast, manufacturing facilities “would be located closer to the consumer, allowing for a more flexible and responsive manufacturing process, as well as greater quality control”.
- The need for global transportation is significantly decreased: As discussed in #3, with manufacturing sites located locally, global transportation would become unnecessary, which again would help reduce costs even more.
- Logistics companies could offer more comprehensive, start-to-finish services: “With 3D printing technology in-house, logistics companies could take on more of a fourth-party logistics (4PL) approach instead of a third-party logistics (3PL) approach.
Before 3D printing can have a drastic effect on the manufacturing industry, it will need to be scaled up for mass and mainstream use. But as summarized above, the possible benefits of 3D printing are staggering.
In the article Big Data Analytics: The Force Behind the Next Internet of Things Wave, the author delves into how the cutting edge of the IoT is giving us the Big Data that will shape our future. With more devises in more place, more data is being collected and thus more data must be analyzed. The true value in this Big Data is our ability to make sense of it consequently create value. The author examines a number of case where cutting edge sensors are allowing the IoTs to collect data that drives increased performance, predictive ability, and cost savings.
One of the first places the IoTs really took off was in our own homes. Smart devices collecting data from meters, data on demographics, and data on energy consumption have helped customers save energy and money. One smart meter company actually saved its customers over $500 million in energy spending. With data analytics, forward-thinking energy management companies are able to run analyses on consumer thermostat data to better understand energy usage patterns.
Another case presented is that of an energy company using sensors in its oil and gas wells. The company collected data about the average production of oil, gas, and water from each of its wells. It combined it with historical well performance and geospatial data to look at efficiencies and deficiencies based on location and equipment. Based on the combination of this data and the sharing of this data with its operations, the company experienced 126 million per year in incremental revenue.
What are everyones thoughts on when we will begin to be fully connected, that is, when almost every device and thing we use is connected to each other?
Do you think we are collecting too much data?
As a customer, at what point do you believe collecting your data is an infringement on your privacy? Is there any real way to track such invasions of privacy?
In the article Big Data Analytics and the Evolution of the Supply Chain, the author gives an overview of how big data analytics can be beneficial to a supply chain. He delves into supply chain challenges and how big data analytics can help solve these challenges as well as the use of how big data analytics can revolutionize the supply chain. Big data is widely recognized as a way to better business operations, but its applications are just starting to make the impact everyone believes big data should have.
The use of big data can increase efficiencies in a supply chain by 10% or greater while also decreasing risk. This decrease in risk is due to the predictive power of looking at older big data and applying it to potential future problems. Big data analytics can increase traceability in the supply chain by reducing time need to access and manage product databases. Finally, big data analytics can make companies operations safer in volatile markets by making them five times more likely to report shortened order-to-delivery cycle times.
In overall operations, Big Data Analytics can optimize delivery networks using geoanalytics. It can allow companies to deepen their relationships with suppliers with more detailed vendor profiles. Finally, Big Data can have predictive powers. Using historical data on suppliers can lead to predictive lead times which eliminates guesswork. In summary, Big Data used correctly can lead to large efficiency gains in a supply chain.
How confident do you feel about the predictive power of Big Data?
Will there come a point when there is too much Data collected and the analyzation of such data could potentially hurt processes?
How close are we as an industrialized society to having to use Big Data in our supply chains to be competitive?
The article “GE Bets Big on 3D Printing with $39M Additive Manufacturing Hub” (http://www.environmentalleader.com/2016/04/08/ge-bets-big-on-3d-printing-with-39m-additive-manufacturing-hub/ reviews GE’s “new era of manufacturing” and the focus they are putting into additive manufacturing. Per the article, GE has opened a $39M hub for additive manufacturing near Pittsburgh. This new endeavor was undertaken with the initiative to “drive innovation and implementation of additive manufacturing across the company”. GE hopes to use this new additive manufacturing hub for application across all of GE’s business lines. Per the article, GE states that the facility “reflects the company’s belief that the intersection of technology and manufacturing – hardware and software – will change the way products are developed and serviced.
Why the focus on 3D printing? “3D printing increases efficiency and reduces waste, making it a valuable tool in efforts to make manufacturing more sustainable.” GE has already begun its intentions to adopt 3D printing capabilities by announcing a project in November with the Department of Energy that will use 3D printed turbines in a process that could make desalinated seawater 20 percent less costly to produce. With GE being a major player in the manufacturing industry, it will be interesting to see their utilization of 3D printing and how it will affect the industry as a whole.