Despite record-high stock market indexes and record-low unemployment, there are several indicators that the economy is starting to slow and that a recession, while not necessarily imminent, is on the horizon. Already, we’ve seen the ISM US Manufacturing purchasing manager’s index drop to a 10 year low of 47.8% in September and overall four months in a row of contraction.

Industria 4.0: el futuro estado operativo asociado con una carrera de “armas de tecnología” en contra de la competencia!

Discover the impact of industry 4.0 technology to make employees happier, more productive, and more creative.

Technology has fundamentally transformed how we do business, but until recently, that transformation has been largely focused on the 10% of workers in the front office.

For the first time since January 2016, ISM’s manufacturing index fell below 50% in August. It fell even lower in September to 47.8%, marking the first contraction of manufacturing activity in the economy after 125 consecutive months of growth.

The right technology can change your business. It can have an immediate impact on your bottom line, empower your front line to work smarter and faster, and help achieve longstanding organizational goals. But selecting a new technology tool and actually implementing it are very different. 

Detroit, MI, September 17, 2019 - Andonix, the developer of Smart Work Station™, is being showcased by Harvard Business School as a live business case highlighting innovation, entrepreneurship and the future of work. Andonix CEO, David Salazar, presented at Harvard Business School in Cambridge, Massachusetts on September 14th, emphasizing the process by which the company has developed Industry 4.0 solutions for the front line in leading manufacturing companies.

Between 2016 and 2020, the automotive sector will experience a 3.9% reduction in costs per annum in large part because of the implementation of advanced automation and industry 4.0 initiatives. With estimated productivity gains of as much as 30% and a significant drop in maintenance costs, early IIoT adopters are reaping the rewards of their investments. 

Job openings in manufacturing have grown at double-digit rates since 2017 and are very near the all-time high recorded in 2001. Despite public perception that American Industry is in decline, a recent study by Deloitte shows that between 2018 and 2028, an estimated 2.4 million positions will remain unfilled.