Three business reasons — quicker, closer and custom — prompted computer maker Lenovo Group to open its first U.S. manufacturing operation in North Carolina instead of low-cost foreign locations like Mexico or China, its North American president said.
With every phone call they make and every Web excursion they take, people are leaving a digital trail of revealing data that can be tracked by profit-seeking companies and terrorist-hunting government officials. The revelations that the NSA is perusing millions of U.S. customer phone records at Verizon and snooping on the digital communications illustrate how aggressively personal data is being collected and analyzed.
U.S. employers added 175,000 jobs in May, a figure that shows steady hiring but is below the more robust pace that took place during the fall and winter. The Labor Department said Friday that the unemployment rate rose to 7.6 percent from 7.5 percent in April.
Schneider Electric, a global specialist in energy management, announced the release of StruxureWare™ for Water, a unique suite of applications that gives full visibility into energy, operation and process control across the entire water cycle.
Boston-based company Altaeros has developed a new wind power generator in the form of a giant balloon that they say will offer a cheap renewable energy alternative to communities that live off the grid. The inventors say this could be the future of wind power. Reuters' Ben Gruber has more.
European Union Trade Commissioner Karel De Gucht speaks about the European Commission's new tax on Chinese solar panel manufacturers and the possibility of a trade war. De Gucht talks about what this means for trade between China and the European Union.
The U.S. government says older model SUVs are at risk of catching fire in rear-end crashes. The recall is based on what government experts say is a deadly fire hazard that has left an estimated 51 people dead. It's a recall that could cost Chrysler hundreds of millions of dollars.
The company's "Moto X" phone will be made at a Fort Worth, Texas, facility. With labor costs rising in China pretty dramatically, companies like Motorola are losing incentive to produce goods overseas.
Siemens PLM Software has implemented a new application based approach to product release, simplifying how manufacturers adopt Teamcenter® software, the world’s most widely used digital lifecycle management system. The new approach separates Teamcenter applications from being dependent on a specific version of the larger Teamcenter platform.
SME, one of the manufacturing industry’s most prolific and trusted sources of knowledge and information, has announced several strategic changes to unify the organization and provide greater value to stakeholders across manufacturing.
Starview Inc.™, provider of the industry’s leading Operational Intelligence (OI) technology, announced the general availability of Starview’s Orion, a new family of pre-configured OI applications designed to help IT Operations teams easily and quickly monitor, analyze and act on patterns, anomalies or opportunities within massive amounts of machine-generated data in motion.
VolturnUS, the nation's first floating wind turbine designed to generate electricity from ocean winds, was launched as demand for clean and alternative energy grows. Developed at the University of Maine, the technology has the potenial to power the U.S. 4 times over. Terrell Brown reports.
Back in 2012, the Society of Manufacturing Engineers issued a bold report that stated there are 600,000 unfilled American jobs in the field of high-tech manufacturing. Amid a deep economic slump, it was a shot in the arm of the entire industry. It meant that not only had a cultural shift pushed young Americans away from manufacturing, but also that the frameworks for teaching these kinds of skill have fallen by the wayside.
Economic activity in the manufacturing sector contracted in May for the first time since November 2012, and the overall economy grew for the 48th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
SAP AG and hybris announced that SAP plans to acquire hybris, a rapidly growing and widely recognized leader in e-commerce technology. The acquisition positions SAP to deliver the next-generation e-commerce platform, with the choice of on-premise or cloud deployment.