The House is scheduled to consider the bipartisan Networking and Information Technology Research and Development (NITRD) Modernization Act of 2016 (H.R. 5312) today. This legislation calls for better coordination across the federal government on its investment in research and development (R&D) on information technologies, such as networking, computing, software and cybersecurity. Read More
Tonight the U.S. Senate took a huge step toward protecting manufacturing products and processes from the current onslaught of intellectual property (IP) theft by passing the Defend Trade Secrets Act. NAM President and CEO Jay Timmons released the following statement after the bill’s passage, citing the important role IP has for manufacturers of all sizes:
“Manufacturers in America are the world leaders in innovation. The know-how to perfect their products can take years, even decades. These days, a competitor can steal that knowledge with the click of a mouse, costing a company good-paying jobs or even its entire business. This is a critical issue facing manufacturers, one that will define competition and success in the 21st century. That’s why we need all the tools possible to protect the superior knowledge and products that set our industry apart.
“IP can comprise up to 80 percent of the value of a company’s knowledge portfolio, and theft of these resources costs U.S. businesses roughly $250 billion a year. Manufacturers need a strong, unified federal policy that will enforce strict laws to protect what many businesses consider their most valued corporate assets. Today’s vote is a step toward updating our laws and helping manufacturers prevent IP theft aggressively and efficiently.
“We support Senate passage of the Defend Trade Secrets Act and urge the House to take swift action to get this legislation to the president’s desk for his signature.”
Digital technology is changing the landscape of how the world makes things. More and more often, terms like “advanced manufacturing” and “smart” work are being used to describe the latest era in our sector. But what does “advanced manufacturing” mean? What affect is it having on the supply chain? On jobs? On our laws? Greg Scheu, executive committee member of ABB Group and president of ABB Americas Region, joined lawmakers, administration officials and technology experts in Washington, D.C., this week to discuss those questions.
The goal of advanced manufacturing, according to Scheu, is using technology to provide a competitive advantage—helping grow their business, service their customers and compete globally. Connected products and processes—or the Internet of Things—are helping manufacturers become more efficient in their processes and develop a broader, more customizable array of products to offer. Read More
Technology is revolutionizing manufacturing—the Internet of Things, Big Data and the cloud. All of these innovative tools are changing what we make and how we make it. That was a topic of discussion at “Manufacturing in America,” an event hosted by Siemens and Electro-Matic Products this week at Ford Field in Detroit, Mich. In his remarks Wednesday morning, Tenneco Inc. Chairman and CEO and NAM Board Chair Gregg Sherrill delved into the many ways technology is not only empowering manufacturers, transforming our products and changing lives but also creating new policy challenges. Lawmakers must approach these challenges with care or risk stunting this growth opportunity for manufacturers in the United States.
Products and processes connected online, also known as the Internet of Things, facilitate the seamless integration of supply chains, drive increased global collaboration and connect design with production. The data generated allow manufacturers to get real-time feedback to better serve their customers and deliver higher quality and safer products. The cloud is securely moving information at light speed across borders. Read More
Yesterday, four senators rolled out a bipartisan bill that, if passed, would form an Internet of Things (IoT) working group at the Department of Commerce. The legislation, the Developing Innovation and Growing the Internet of Things (DIGIT) Act was introduced by Sens. Deb Fischer (R-NE), Kelly Ayotte (R-NH), Cory Booker (D-NJ) and Brian Schatz (D-HI). The bill would require Commerce to create a working group that would give Congress recommendations on how best to encourage IoT growth. Read More
We are living in the world of modern manufacturing. Walk in to a manufacturing facility on any given day and you will see state-of-the-art technology seamlessly integrated with manufacturing products and processes. Much of this is being driven by the proliferation of connected devices—known as the Internet of Things (IoT)—which is increasing efficiency and product quality across the supply chain. Read More
The president’s budget request for fiscal 2017 was released this morning and covered a number of issues grabbing the attention of our nation’s manufacturers. While there were a number of shortcomings in the budget, which you can read about here, the proposal did address the important area of cybersecurity and the need to address the serious threats facing our critical infrastructure.
Manufacturers take this threat very seriously as they are the owners, operators and makers of our nation’s most critical assets. They factor in the cyber threats they face from all over the globe at the beginning of the design process of their products and processes. And now, with the exponential growth of the transformative connected technology known as the “Internet of Things” pervasive throughout all industry sectors, manufacturers are now even more keenly aware of the need to secure their enterprise. Read More
Manufacturing in the 21st century looks a lot different than it did even 10 or 15 years ago. Today, the world’s leading manufacturers also comprise some of our most innovative technology companies, as advanced manufacturing opens up new possibilities seemingly every day. In short, manufacturing is technology. Read More
The 2016 International Consumer Electronics Show (CES) is not just the largest technology convention in the United States; it’s the largest convention in the United States period. According to International CES, which is owned and produced by NAM member Consumer Technology Association (CTA), more than 3,600 companies will exhibit and launch in the ballpark of 20,000 products this week from the show. Read More