Industrial Robotics Editorials
July 2019
How do you know if your company is ready for AI?
POSTED: 07/31/2019
Regardless of the size of the company or industry in which it operates, adding automation into a business environment can mean a significant shift in the way an organization conducts itself. Artificial intelligence (AI) and the machines and software that utilize it are no exception; in fact, Deloitte found that 90% of
Pragmatic Robots: How will robots really influence the workplace
POSTED: 07/31/2019
The robots are coming — rolling into our world on a road paved with pragmatism. Working in the field of robotics, I’m often asked by friends about some approaching apocalypse when mechanical beings — somewhere between the joy of R2D2 and the horror of HAL 9000 — will change our lives. When I instead describe
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
June 2019
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
Common GAAP Violations for Manufacturers
POSTED: 06/06/2019
Across the manufacturing sector, there is a great amount of diverse strategies, footprints, and segment approaches as they deal with artificial intelligence augmented reality, and the ever-increasing spread of robotics. From an accounting standpoint, the one thing that often unites these companies together is GAAP (Generally Accepted Accounting Principles), which provides the
May 2019
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
April 2019
Vigilance Helps Defend Cyber Attacks
POSTED: 04/08/2019
Situations You’ll Want to Avoid You have undoubtedly heard it before: When it comes to opening emails, clicking links, and browsing – – “Be vigilant.” But why? In short, because not only are cyber security breaches in the news on the rise, but because issues are already happening at our clients.
March 2019
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
