Robot orders down 8% in first half of 2024
The Association for Advancing Automation’s latest report shows decline in units sold to automotive component suppliers; the life sciences industry was a bright spot, with 1,007 units ordered.
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Designing medical devices for every user
While technology opens new possibilities in device design and prototyping, focus remains on the human element.
Zettabytes of OT data
With this massive increase in OT data expected within the next five years, and the rapid increase in cyberattacks, companies need to train employees from the C-Suite to the shop floor on safe steps to avoid opening the door for a cyberattack.
Cyberthreats increase in manufacturing
IBM’s X-Force Threat Intelligence Index 2024 looks at cyberthreats across a range of industries, and sadly manufacturing held the crown for the third consecutive year.
Possible benefits of upcoming Fed rate cuts for medical industry manufacturers
The anticipated reductions in U.S. federal interest rates present opportunities for medical industry manufacturers and may also benefit those owners among us that are looking to sell. The good news for us in the M&A segment of our industry is 2024 is already turning into a record year with excellent valuations.