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Artificial intelligence is proving valuable in manufacturing, but it cannot singlehandedly guarantee Canada’s competitiveness. According to Jayson Myers, CEO of NGen, the sector’s long-term strength will come from blending AI with robotics, advanced materials, and other breakthrough technologies.Myers pointed out that many digital transformation projects in Canada stumble because companies expect…
In the context of a competitive and challenging environment, Infor, the company specialized in business management software in the cloud, presented the results of its global survey How Possible Happens. This study, which covered more than 3,600 companies from 15 countries and 7 industrial sectors, revealed that 80% of the organizations consider technology as a key to increasing productivity.In…
In the fourth quarter of 2024, machine tool orders saw a significant increase of 11.4% compared to the same period in 2023, according to the latest data from UCIMU-SISTEMI PER PRODURRE Study & Business Culture Centre. Despite the overall positive result, there remain several challenges for the sector moving forward.Key Q4 2024 Insights:Domestic Orders: Increased by 33.3% compared to Q4 2023 (…