There are many factors involved in evaluating manufacturing competitiveness, but financial health is certainly top of mind both for manufacturing executives and for key stakeholders outside of a company, like investors. We outline seven financial ratios used to evaluate manufacturing operations and assess their financial health, and how each is impacted by the adoption of smart automation.
Bright Machines’ new CMO talks about the opportunity to combine her experiences across the high-tech and industrial worlds, leveraging what she learned while working at some of the most established leaders in their industries and recreating the magic of those iconic brands.
Software-defined manufacturing enables anyone to build anything anywhere, on-demand.
If the invention of industrial robotics is to realize its full potential, the software architectures and algorithms used in other domains must be mapped to the factory.
Let’s make sure we have a well-educated manufacturing workforce, and then let’s get out of their—and our—way.
A little planning goes a long way in ensuring your first automation project’s success. Here are four steps that will help identify the right products and processes ripe for automation and the right initial project to put a “win” on the board and catalyze automation.
With the move to a more digital experience, innovators everywhere will have a more straightforward way to submit their designs for manufacturing, receive feedback, and track progress.
We started Bright Machines to fundamentally change the way manufacturers build products – so that no disruption (however big or small) can get in the way of scalable production. This year validated that goal more than ever, and we’re proud to have been able to support our customers.
In 2021, manufacturing will see a fundamental shift in how its leaders view progressive change – from unrealized vision to practical reality. As a result, an industry that’s nimbler and more flexible will emerge. Here are five ways we believe the industry will evolve next year.
Each year more than a 100,000 people attend the Consumer Electronics Show (CES) to get a firsthand look at today’s hottest technology trends and I was thrilled to be among the crowd this year, along with several of my Bright Machines colleagues.
If you’re like me, you probably get fatigued by tech company jargon.There are times, however, when acronyms are useful in communicating a company’s intent to reinvent a process or concept, not just as it relates to the company but for the benefit of the industry at-large.
Imagine this: a factory where products are made without any humans inside. Design improvements are deployed to the factory a dozen times a day – not annually – without downtime for retooling. When production machines inevitably break, other machines take over within seconds.
Around 1965, Intel co-founder Gordon Moore made a bold prediction based on a historical trend he observed – one that would help guide technology’s evolution over the next 50 years: The number of transistors on an integrated circuit – or, overall processing power for computers – will double every two years.
Many elements determine the success of a new company: Vision, funding, technology, customer need…even luck. However, the most important and often unsung variable in the success (or failure) of a new company is the people who work there.
Making physical products is hard. At Bright Machines, we want to change that by making it as easy to manufacture physical products as it is to create digital ones.