Monday, December 21 marked the longest night and the shortest day of the year. Known as the winter solstice, it marks the first day of winter and the day that Earth’s Northern and Southern Hemispheres trade places in receiving the sun’s light and warmth most directly. Because Earth is tilted on its axis by 23 1/2 degrees, the tilt of the Earth is what causes winter and summer.
It’s hard to believe that we’ve closed the books on yet another year. In 2018 customers talked to us about the convergence of Information Technology (IT) and Operational Technology (OT). The Internet of Things (IoT), Industrial Internet of Things (IIoT), the Cloud and big data have changed the landscape for metal parts suppliers. We saw the demand for 100 percent part inspection increase and reshoring efforts grow. These trends have pushed the CMM into a larger measurement and inspection role on the shop floor.
The medical device market is moving at the speed of sound. Could quality get left behind?
These days the medical device market reads a little bit like an epic science fiction novel with a large cast of characters. Longer life expectancy coupled with an active lifestyle now defines 70 as the new “middle age.” Increased availability of healthcare, advances in real-time analytics, the Industrial Internet of Things (IIoT) and the integration of devices with evolving technologies is driving strong growth and rapid changes for manufacturers. The global market for medical device outsourcing is expected to reach $40.8 billion by 2018. As a result, the pressure to accelerate design and production to move products to market faster, more efficiently and more cost effectively is also growing.