Industry leaders, academics, and think tanks have all recognized that the Internet of Things is a powerful technology trend that has the ability to transform manufacturing. Recent activity by leaders in Congress and the Administration have sent mixed signals to business that they too are serious about facilitating the growth of IoT in the United States. The NAM is calling on government to be a partner and not a roadblock in the widespread deployment of IoT. (continue reading…)
This evening, business leaders and policymakers will attend the signing of the Memorandum of Understanding (MOU) naming the United States as the Hannover Messe partner country for 2016. Hannover Messe is the world’s largest industrial trade fair, held annually in Hanover, Germany. (continue reading…)
The United States House of Representatives Energy and Commerce Subcommittee on Commerce, Manufacturing and Trade hosted an Internet of Things showcase on Capitol Hill today. The showcase was followed by a hearing in the Commerce, Manufacturing and Trade Subcommittee called “The Internet of Things: Exploring the Next Technology Frontier.” NAM members companies Toyota, BigAssSolutions and Corning were front and center at both events sharing with Members of Congress and the general public the transformative impact the IoT will have on our industry.
Big Ass Solutions was one of the demonstrators that brought their technology in from Kentucky to share with lawmakers how the IoT is driving solutions for their customers – and saving them money on their utility bills. ABB shared with Members of Congress its Asset Health Center which allows utilities to leverage new smart grid technology investments. Toyota highlighted the features of its Lexus Enform connected services which enhance the driver experience with new navigation, safety, and maintenance features. Fiber optic manufacturer Corning, Inc. displayed how their latest technology is connecting the IoT and helping to deliver big data to every corner of the manufacturing supply chain. (continue reading…)
As FCC Releases Rules to Regulate Internet Like Rotary Phones, Millennials Across America Google ‘Rotary Phones’
The Federal Communications Commission has just released their so-called “Open Internet” order it approved last month. As the NAM has said in the past, this move to regulate the Internet will have a serious impact on manufacturers.
By applying a more than 70 year old law designed to regulate the use of rotary phones on the Internet growth in innovation and infrastructure will halt and burden manufacturers with more uncertainty. Manufacturing companies and facilities are dependent on the use of the Internet infrastructure and have leveraged the use of this free and open technology to become innovative, productive and advanced job creators here in the United States. (continue reading…)
Manufacturers are technology companies. Dispel all thoughts of dirty, dusty shop floors and walk into the state of the art facilities our manufacturers use today. With the advent on the internet and now the internet of things, technology is seamlessly integrated throughout modern manufacturing products and processes. With this integration comes the responsibility to keep that technology, the data it creates, and the communication around it secure and private. (continue reading…)
Today FCC Chairman Tom Wheeler and two other commissioners of the Federal Communications Commission (FCC) received a standing ovation after voting in favor to apply 1930’s era regulations to the internet. It’s doubtful any manufacturers were in the audience. (continue reading…)
The Senate Commerce, Science and Transportation Committee will hear from industry and academic experts during a hearing today entitled “The Connected World: Examining the Internet of Things.” One of the expert witnesses participating is Douglas Davis, Vice President and General Manager, Internet of Things Group, of NAM member company Intel Corporation.
Manufacturers are leading the Internet of Things (IoT) revolution and Intel is one of those leaders. Not only is it a company producing the interoperable building blocks of the IoT platform and solutions that we find in many of the connected devices, Intel is a manufacturer leveraging the IoT on their own shop floors. (continue reading…)
In an op-ed today in Wired Magazine, Federal Communications Commission Chairman Tom Wheeler confirmed today he plans to regulate the open internet. He intends to apply 1930’s era telecommunications law to 21st century technology. This is discouraging news for all manufacturers that depend on a robust internet to run their shopfloors and deliver superior products. As members of the NAM said in a joint letter to Congress and NAM President and CEO Jay Timmons said in USA Today, this regulation will result in a disincentive to invest in our broadband infrastructure which will chill innovation in the manufacturing sector. The NAM will continue to work closely with both sides of the aisle and Capitol Hill on their efforts to update our nation’s telecommunications laws to reflect our innovative industry.
Staff of the Federal Trade Commission (FTC) released a report today entitled: Internet of Things: Privacy and Security in a Connected World. This report is based on an Internet of Things (IoT) workshop hosted by the FTC in November of 2013 and includes recommendations on how to protect consumers as this emerging technology continues to develop. (continue reading…)
The Department of Treasury and IRS released new guidance last week on the ability of a company to claim the R&D tax credit on computer software that is developed primarily for the company’s internal use.
Manufacturers may be pleased with the guidance since companies are currently unable to count computer software research intended for the company’s own use as a qualified research expense for the purpose of the credit. The proposal more clearly specifies what types of software would be excluded from using the R&D credit (i.e. software used for administrative functions), and provides examples that may be helpful in determining which activities would qualify for the credit. (continue reading…)