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…)
Once again, the annual International Consumer Electronics Show (CES) was a showcase of the intersection of technology and manufacturing. Safety innovations in vehicles, the connected home, healthy lifestyle applications, smart appliances, 3D cameras, and high-tech robotics were all on display by members of the NAM. Policy issues were also front and center this week. Leaders in Congress and the Administration addressed the open internet, outdated regulations, and the policy impacts of the internet of things. The NAM was right there in the middle of it all. (continue reading…)
The NAM is once again traveling to the International Consumer Electronics Show (CES) in Las Vegas – the largest trade show of the year in this city that is no stranger to big events. We are proud that CES is hosted by NAM-member the Consumer Electronics Association and we are excited to see some of the most recent intersections of manufacturing and technology.
While manufacturers will have their latest and greatest technology on display, CES is not just about making your gadget wish list for your factory floor. Some of the nation’s leading voices on the policy issues impacting our industry will be in attendance sharing their views on what they see happening in Washington in 2015.
On the agenda includes a debate on the privacy issues surrounding the Internet of things, how a 20th century regulatory structure is impacting 21st manufacturing innovation, and discussions on what IP and IT laws that need to be updated to encourage investment and growth.
If you can’t make it out to CES this year, the NAM will give you access behind the velvet rope – something everyone strives for while in Vegas.
NAM and Over 100 Companies and Organizations Sign Letter Highlighting the Importance of the Open Internet
Today, National Association of Manufacturers sent a letter to Director of the National Economic Council Jeffrey Zients, Chairman of the Council of Economic Advisers Jason Furman, House and Senate leadership, members of the FCC and Commerce Secretary Pritzker that focuses on the important role the open internet has played in ensuring manufacturers are able to incorporate cutting-edge technologies into their products and processes. (continue reading…)
As manufacturers look to sell their products to customers around the globe they count on the quality of their goods to make the sale. Earning the trust of the customer, however, can help close the deal. If for any reason that trust is undermined, it can shut the door to current and future business. That’s why the NAM is supporting the Law Enforcement Access to Data Stored Abroad Act, or LEADS Act, (S. 2871), introduced by Senators Hatch (R-UT), Coons (D-DE), and Heller (R-NV). (continue reading…)
As Members of the 114th Congress descend on Washington for orientation, and the 113th Congress convenes for the upcoming lame duck session, manufacturers stand ready to work with our leaders to advance policies that will enable us to continue to grow and create jobs. Manufacturers believe that now is the time to set aside the differences that have resulted in gridlock, and focus on the pro-growth policies that brought voters to the polls. Simply put, it is time to govern and grow. (continue reading…)
The internet has contributed to the unprecedented growth of our economy over the last two decades largely due to a regulatory environment that has encouraged growth and investment.
The open internet has been especially beneficial to manufacturers in the United States as they have used communications tools to more efficiently operate their shopfloors and bring the most innovative products to market.
Unfortunately, President Obama’s statement today endorsing regulating the internet like a utility seriously threatens that continued growth. The NAM is strongly supportive of an open internet and therefore strongly disagrees with the President’s statement today.
Modern manufacturing is not only generating life changing products, but game-changing processes as well.
3D printing, an additive manufacturing technology tool, is changing the way more manufacturers make things – from the largest companies in the world to the smallest shop floors. An industry leader, Stratasys, is driving widespread adoption of 3D printing in the manufacturing enterprise and it has brought a live demonstration to Capitol Hill today to provide a hands on demonstration of this revolutionary technology.
Congressional staff got an up close and personal look at this technology – and it was deeply impressive. In addition to the demonstrations, they received a detailed briefing on 3D printing’s economic benefits. Manufacturing is on rise and technology being put on the shop floor by Stratasys is bringing it to even greater heights.
Four leading technology companies, Verizon, Intel, Trimble and Teradata joined together today at a NAM D.A.T.A. Policy Center event to discuss the ongoing symbiotic relationship with manufacturing. The lines have blurred and in the 21st century manufacturing companies are, in fact, technology companies.
The NAM has long carried this message, and it was great to see it delivered live in downtown San Francisco at the Verizon Innovation Center – West.
At the luncheon panel discussion, the message was clear from all four companies – technology has transformed the manufacturing enterprise, supply chain management, and shop productivity. The connectivity between machines, largely powered by the Internet of Things (IOT) pushed what was already the most productive, innovative manufacturing workforce in the world to new heights.
Additionally, groundbreaking technology has allowed manufacturers in the U.S. to better leverage data, including production stats and customer feedback, to save money and ultimately create better products.
The NAM has strong roots in Silicon Valley. The D.A.T.A. Policy Center and events like these with high impact companies are taking that relationship to the next level.
Click here to read the blog series posted in advance of the event.
Brian Raymond is the Director of Technology Policy for the National Association of Manufacturers.