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Industrial Robotics Editorials

Industry : Robot Manufacturing

How Robotics & IoT Help Sustain Triple Bottom Line

POSTED: 10/30/2019

Sustainability in business has become a popular topic as companies increasingly recognize the need to have a firm grip on their triple bottom line – financial, social and environmental. Financial, social and environmental risks and opportunities abound in business, but creating an operations model that speaks directly to aspects of profits,

Considering a Merger or Acquisition?

POSTED: 08/02/2019

Ensure your understanding of the new tax regulations to get the most return out of your investment! Under the Tax Cuts and Jobs Act (TCJA), businesses have been impacted in multiple ways. In particular, businesses considering a transaction, such as a merger or acquisition, should be sure to discuss the following: Depreciation How

Benefit for Exports: Foreign Derived Intangible Income Deduction

POSTED: 07/16/2019

The 2017 Tax Cuts and Jobs Act (TCJA) has made C-Corporation status much more attractive to business owners, and the 21% flat tax rate has caused many to consider whether converting to a C-Corporation may be worth the switch. For some, however, the administrative burdens that come with incorporating don’t

Industrial Robots Demand Versatile Crossed Roller Bearings

POSTED: 07/03/2019

Robotics and automated machinery demand highly versatile bearings. Not only must bearings carry diverse loads with high precision, robotic motion is also becoming more complex. Machine designers must also fit their bearings into shrinking mechanisms like articulating arms that position and rotate objects.  Crossed roller bearings are designed to

In the Industry 4.0 era, here are 5 common GAAP violations impacting the financial performance of advanced manufacturers

POSTED: 06/19/2019

Southfield, Mich. — While the manufacturing sector rapidly evolves to adapt to new and diverse Industry 4.0 technologies such as robotics and artificial intelligence, many companies are unaware that oversights in their accounting reporting may be costing their bottom lines.  According to Kevin Johns, CPA and shareholder with Clayton &

Audio Interview on AI and Robots in Industrial Applications

POSTED: 06/13/2019

Executive Vice President of OpenSystems Media, Rich Nass, is also responsible for Embedded Computing Design, and recently spoke with NexCOBOT's Director of Global Partner Alliance & Business Development, Kai Wang, on how industrial robots are expanding from automotive assembly to just about any industrial application you can think of. In

Top 5 EDI Documents For Manufacturing

POSTED: 05/17/2019

While Supply chains differ from one manufacturing company to the next, data still needs to be exchanged between suppliers, manufacturers, and customers. This is why Electronic Data Interchange (EDI) is such a critical component of modern manufacturing. Electronic data interchange (EDI) is a document exchange process. It involves a company's entire digital

Top 10 Benefits Of IoT For Manufacturers

POSTED: 05/17/2019

Chances are you have come across the terms Internet of Things (IoT) or the Industrial Internet of Things (IIoT). These are networks of connected devices that communicate data to a central system in order to make sense of it all. These networks consist of connected edge devices, terminals, and machines

7 Steps To Budgeting Process Improvement

POSTED: 05/17/2019

What Is Budgeting Process Improvement? When it comes to gauging corporate performance, the less time spent on non-revenue generating processes, the better. Unfortunately, the budgeting process is essential to proper performance and forecasting. That means mistakes can't be afforded. Not only do you want to reduce the time and errors associated with manual

Now is the Time to Prepare for Next Year’s Taxes

POSTED: 05/15/2019

This year marked the first of many under the new tax regime set in motion by the Tax Cuts and Jobs Act. Now that you have one year of experience under your belt, you can pivot your strategies to optimize your tax positions under the new legislation. Let’s walk through

Are You at Risk of OSHA Citations for Robot Safety?

POSTED: 03/12/2019

Robots have been a part of the industrial landscape for decades. As the world of industrial automation progresses, the number of employees and robots working in close quarters with each other continues to grow. With the increase in automation and the use of mobile and industrial robots, regulations are being

Risk Assessment Methodology for Robots and Other Machines

POSTED: 03/12/2019

Assessing risk has always played a vital role in the development and implementation of industrial machinery. Industrial robots, in particular, and other machinery are evolving, and therefore so are the needs and regulatory requirements for the identification and understanding of the risks involved in working with these machines. Thanks to

Heriot-Watt Laser System Facilitates Breakthrough In Welding Technology

POSTED: 03/06/2019

The manufacturing industry has experienced a recent breakthrough in welding technology thanks to the efforts of scientists from Heriot-Watt University in Edinburgh, Scotland. The new Heriot-Watt laser system facilitates the fusing of metal and glass together. These two materials are difficult to join due to their strikingly disparate thermal properties. The

Automate 2019 | Automation And Robotics

POSTED: 03/05/2019

Don't miss this automation event in Chicago, IL April 8-11. Automate 2019 will deliver insights, education and networking opportunities surrounding automation in all its forms. Encompass Solutions will exhibit at Booth #9245 (www.automateshow.com/exhibitors/encompass-solutions)  and deliver an introductory breakout session on automation and robotics (www.encompass-inc.com/automation-and-robotics-presentation-automate-2019) with steps you can take now toward implementing in your facility.

2018 Year-end Business Success Promotions

POSTED: 12/04/2018

With year-end right around the corner, there is no better time to leverage 2018 business promotions to boost your active and planned projects for growth in the new year. Are you in a spend it or lose it situation with your annual budget? Use your 2018 budget surplus on a


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