One of the most interesting, but mysterious and most misunderstood technologies in the digital realm are blockchain and bitcoin. Blockchain, specifically, is also the technology with the greatest potential to secure data and transactions that demand trust. Although they are related, separately and together they require quite a bit of space to adequately explain, so this time around, I’ll focus on a few aspects of blockchain and their possible implications for manufacturing.
Blockchain combines the openness of the Internet (unless/until Net Neutrality goes away) with the security of cryptography to give companies a faster way to verify vital information and establish trust without the need for third parties and other intermediaries. It was initially developed more than a decade ago to provide the technical underpinnings for Bitcoin, the cryptocurrency with which it is sometimes mistaken. As Pat Bakey, president of SAP Industries, noted, “Early horror stories about bitcoin, the most famous digital currency to use blockchain, prompted its mainstream dismissal as a dubious tool of the dark web.”
At its core however, blockchain is simply an open and secure method of recording transactions, just like a traditional ledger. Because blockchains establish trust, they provide a simple, paperless way to establish and track ownership of money, information, and objects by individuals, companies, and other organizations.
Blockchain: What’s In It For Manufacturers?
“The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value,” wrote Don and Alex Tapscott in their book, Blockchain Revolution.
It’s almost the end of November, so with just over a month left of this year, it’s not too early to start thinking about what we’ll be covering in 2018. The calendar below reflects what we regard as some of the most important topics today in design and manufacturing, as well as feedback from our readers and other supporters requesting content.
The main theme for each month will be covered in an extended article or series of articles so that the topic can be covered more comprehensively.
We’ll also be covering some of the major MCAD events throughout the year, reporting what we see and hear from vendors, partners, and attendees. All of the events we attend will include daily written coverage and Tweets throughout event days, as well as video and audio interviews, and podcasts.
If you have any thoughts of topics you would like to see covered in 2018, feel free to contact me at email@example.com or 719.221.1867.
We look forward to an exciting 2018 and providing you with the MCAD content you want most for improving your design, engineering, and manufacturing processes.
Keep MCADCafe.com your source for all things MCAD because 2018 is going to be a great year!
2018 MCADCafe Editorial Calendar of Monthly Topics
January 2018 – Blockchain in Manufacturing
February 2018 — Cloud Computing with MCAD Applications
The spring season seems to be the time of year when many companies and professional organizations hold their annual conferences, and this spring was no exception. I’ve attended several events in the past few weeks and noted striking differences of two of them — divergence at RAPID + TCT 2017 and convergence at LiveWorx 17 — and that’s how I want to wrap up our spring 2017 trade event tour (although I have one more next week).
Divergence at RAPID + TCT 2017
Diverge (dih-vurj, dahy-): Tomove,lie,orextendindifferentdirections fromacommonpoint;branchoff. To turn aside or deviate, as from a path, practice,or plan.
3D printing/additive manufacturing (AM) are about making something digital into something analog. Although the technologies are 30+ years old, many things are still being done as they were in the beginning, such as building 3D models, exporting STL data, etc. However, several aspects of AM are diverging from its historical roots.
For example, the first AM materials were polymers, and they still account for ~85% of all materials used, but metals are coming on strong and now account for about 14% of the materials used. The range of materials being used, though, is constantly increasing — everything from ceramics to composites to food to living tissue.
Panel Discussion at RAPID + TCT 2017
Volume quantities are also diverging from one-offs or small quantities for rapid prototyping to real production quantities where the costs can be justified when costs go down and production speed goes up.
PTC’s user conference in Boston last week (LiveWorx17 ) covered a lot of ground — everything from Creo to Windchill to augmented reality (AR), but the focus of the event was PTC announcing the launch of its newest version of ThingWorx Industrial Internet of Things (IoT) platform – ThingWorx 8. According to the company, with this update, ThingWorx evolves into a more robust, comprehensive industrial IoT (IIoT) technology offering. PTC also announced a new lineup of ThingWorx-powered apps for the manufacturing environment, as well as ThingWorx Studio support for native authoring and publishing of AR experiences for Microsoft HoloLens.
Interestingly, PTC’s VP of Corporate Communications, Jack McAvoy said that two of this year’s three main messages for LiveWorx17 revolved around ThingWorx as more than a platform and the evolving ThingWorx ecosystem through physical/digital convergence.
PTC’s foray into IoT got a big boost about four years ago when it acquired ThingWorx, creators of a platform for building and running applications for the Internet of Things (IoT), for about $112 million. The acquisition of ThingWorx immediately positioned PTC as a major player in the emerging Internet of Things era.
According to a research report, Disruptive technologies: Advances that will transform life, business, and the global economy from the McKinsey Global Institute, the Internet of Things has the potential to create economic impact of $2.7 trillion to $6.2 trillion annually by 2025. The firm believes perhaps 80 to 100 percent of all manufacturing could be using Internet of Things applications by then, leading to potential economic impact of $900 billion to $2.3 trillion, largely from productivity gains. For example, with increasingly sophisticated Internet of Things technologies becoming available, companies can not only track the flow of products or keep track of physical assets, but they can also manage the performance of individual machines and systems.
This week was one giant blur at SOLIDWORKS 2017 in Los Angeles that was witnessed not only by me, but also more than 5,000 attendees. The exhibit floor with over 120 partners opened at the beginning of the Superbowl with TVs and libations all around, so most people were in a good mood by the end of the game, especially if they were a New England Patriots fan.
The theme for this years SOLIDWORKS WORLD was, “The New; The Next; The Never Before,” which was a good idea but was not evident until the third day of the conference exactly what this meant. On the first day, the SOLIDWORKS message was choppy, not cohesive, clear, or coherent as it could/should have been; and some of the presenters didn’t make sense, as there was too much entertainment fluff and not nearly enough technical content that users come for, me included. Why drag AEC and the Dassault Systems 3D Experience platform into a SOLIDWORKS event? After all, this is SOLIDWORKS World, not Dassault Systemes Universe.
SOLIDWORKS WORLD 2017: Entrance to Exhibit Hall
However, things got much better as the conference commenced in earnest with classes and the exhibition floor in full swing.
Some of the biggest announcements from SOLIDWORKS World 2017 follow briefly below. In coming weeks we will cover each of these and others in much more detail based on discussions we had with SOLIDWORKS’ product managers.
Most large PLM companies deal with three groups of people that are necessary for survival – employees, customers, and investors. Every company regards and treats the three groups differently, but most of the successful ones acknowledge the importance of all three – although some companies are better at it than others and some companies regard one or more of the groups as necessary evils.
Each of the groups gets the information it needs to make decisions from different sources, such as press releases, news feeds, whitepapers, eBooks, financial reports, and so on. Financial reports for tech companies are especially interesting not only because of what they say, but what they might imply. And, while some companies try to report “alternative facts,” financial figures don’t lie, and some things are obvious, but there are always numbers subject to speculative interpretation.
That brings me to PTC’s most recent financial report that was made public last week. There were some surprises, some good, some not so good, but in many ways reinforced and reflected the direction of the company, namely IoT. Admittedly, IoT was not the biggest source of revenue for PTC, but it’t clear that it is increasingly important to the health and wealth of the company.
Just about a year ago, PTC received the IoT Innovation Vendor of the Year Award from marketing analytics and consulting firm Compass Intelligence at the 2016 International Consumer Electronics Show (CES). The Compass Intelligence Annual Awards recognize the best Internet of Things (IoT) products and services offered in the market during the past year.
In the view of the award presenting organization, PTC had become a leading provider of technology that enables its customers to realize the value inherent in the Internet of Things. As well, in their opinion, PTC’s CEO, Jim Heppelmann, had become a major thought leader, having coauthored two seminal HBR articles that describe the implications of the IoT and offering companies a blueprint to get started on their own IoT journeys.
This week PTC announced that it had been named Industrial Internet of Things Company of the Year by IoT Breakthrough, an independent organization dedicated to recognizing IoT products and companies that stand out in the industry. PTC also received the IoT Breakthrough award for “Industrial IoT Solution of the Year” for its Kepware KEPServerEX industrial connectivity software.
Cloud computing is helping more manufacturers become more agile and competitive, but it is by no means the only aspect of improving manufacturing practices. There are actually several technologies involved with making connected smart manufacturing a reality.
Last year’s State of Manufacturing Technology report validated that the cloud is one of the primary catalysts for technology usage overall. Fundamentally, the cloud reduces the IT cost and personnel burden for core systems and administration, opening up resources for greater innovation and much needed focus on higher-value technology projects. The core capabilities inherent in modern cloud solutions—mobility, ease of integration, configurability, and the elimination of upgrade cycles— also make it easier and less expensive for manufacturers to connect their people, equipment, materials, suppliers, and customers.
This year’s survey discusses an emerging trend: connected manufacturing. Organizations are building on the connectivity of the cloud and leveraging integration that extends from mobile devices to plant floor equipment, customers to suppliers, and people to materials. These capabilities are providing a new application foundation for everything from agile process design to enterprise supply-chain management, innovation, and product quality.
It’s almost the end of November, so with just over a month left of this year, it’s not too early to start thinking about what we’ll be covering in 2017. The calendar below reflects what we perceive as some of the most important topics today, as well as feedback from our readers and other supporters.
The main theme for each month will be covered in an extended article or series of articles so that the topic can be covered in a more comprehensive way. We’ll also be covering some of the major MCAD events throughout the year, reporting what we see and hear from vendors, partners, and attendees.
We’ll also be covering some of the major MCAD events throughout the year, reporting what we see and hear from vendors, partners, and attendees. All of the events we attend will include daily written coverage and Tweets throughout event days, as well as video and audio interviews.
If you have any thoughts of topics you would like to see covered in 2015, feel free to contact me at firstname.lastname@example.org or 719.221.1867.
We look forward to an exciting 2017and providing you with the MCAD content you want most for improving your design, engineering, and manufacturing processes.
Keep MCADCafe.com your source for all things MCAD because 2017 is going to be a great year!
2017 MCADCafe Editorial Calendar of Monthly Topics
January 2017 – CAM Trends
February 2017 — Cloud Computing with MCAD Applications
Well, it was only a matter of time before what happened last Friday happened. I’m talking about the Distributed Denial of Service (DDoS) incident on server farms of a key internet firm, Dyn, that repeatedly disrupted access to major websites and online services including Twitter, Netflix,GitHub, and PayPal across the U.S. and Europe last Friday. The White House called the disruption malicious and hacker groups have claimed responsibility, though their assertion is not yet verified.
The event involved multiple denial-of-service (DoS) attacks targeting systems operated by Domain Name System (DNS) provider, Dyn, that rendered major internet platforms and services unavailable to large swaths of North America and Europe.
“The complexity of the attacks is what is making it so difficult for us,” said Kyle York, Dyn’s chief strategy officer. “What they are actually doing is moving around the world with each attack.”
As a DNS provider, Dyn provides to end-users the service of mapping an Internet domain name—when, for instance, entered into a web browser—to its corresponding IP address. The DDoS attack involved tens of millions of DNS lookup requests from a large number of IP addresses. The activities are believed to involve a botnet coordinated through a large number of IoT devices that had been infected with the Mirai malware.