SPONSORED WHITE PAPER: A Blueprint for Managing Automation Obsolescence
Learn how migration planning, a method for managing the lifecycle of your equipment, can help you identify and reduce automation-obsolescence, improve upgrade effectiveness and save you time and money.
Manufacturers and other industrial operations are increasingly facing a critical decision point when it comes to automation obsolescence. Their assets are aging and they must determine the best path forward. According to ARC Advisory Group, more than $65 billion worth of legacy automation assets in operation today are reaching the end of their useful life.
In the past, operating automation equipment beyond the date of discontinuation was a nonissue, as it was not uncommon for automation suppliers to continue supporting products well past their original expected life. The recent recession, however, dramatically affected the entire chain of automation users, their OEM suppliers and the OEM’s upstream component suppliers.
Download the white paper.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey