Industrial and Manufacturing Contributed US$16.3 Trillion Worth of Value to the Worldwide Economy in 2022
The industrial and manufacturing world has seen significant change over the past few years, and the impact of this can be best seen in the data. According to a new report by global technology intelligence firm ABI Research, worldwide manufacturing value added (MVA) reached US$16.3 trillion in 2022. That MVA growth is slightly less than the 20% growth […]
A Deep Dive into Innovations in Electronics Manufacturing with Matric Group’s VP Patrick Stimpert
Ready for a technological deep-dive? Matric Group’s VP of Operations, Patrick Stimpert, takes us on a journey through his cutting-edge innovations in electronics manufacturing. This is nothing short of groundbreaking revelations, as Patrick details his shift from manual visual inspection to the use of game-changing optics and analytics for data extraction thanks to his use […]
Transformer shortages: New bottleneck of the energy storage supply chain
Transformer shortages are taking their toll on battery energy storage system (BESS) integrators, as competition in the market intensifies. SOURCE: PV Magazine While the BESS supply chain has stabilized in terms of prices and supply of raw materials, lead times for certain components, such as transformers, have greatly extended. “While global battery supply eased in […]
Ford snaps up EV power startup to boost its charging tech
Ford is buying and burying Auto Motive Power, or “AMP” for short, to bolster its charging, battery management and power conversion tech. The secretive energy startup once claimed to power “most of the world’s top electric OEMs,” though as far as we can tell it never disclosed its customers publicly. Following the deal, Los Angeles-based AMP will […]
Cadence Announces Voltus InsightAI, Industry’s First Generative AI Technology that Automatically Identifies and Addresses EM-IR Violations
Highlights: Industry’s first generative AI-driven technology to predict, root cause and resolve IR drop issues early in the design process New breakthrough technology uses machine learning-generated power grid models to enable fast IR inferencing within design implementation Improves PPA by eliminating the need to overdesign the power grid due to early IR drop prediction and […]