Tag: Dedalus

Dedalus Consulting on Moving Forward: the Benefits of Factory 4.0

 Dedalus Consulting (www.dedalusconsulting.com) has recently published Cutting Tools: World Markets, End-Users & Competitors: 2021-2027 Analysis & Forecasts, the completely updated 11th edition of Dedalus’ in-depth research on the global cutting tools industry. What is Factory 4.0?Factory 4.0, or Industry 4.0, refers to the integration of advanced technologies such as the Internet of Things (IoT), big data, artificial intelligence (AI), and digital twins, into the manufacturing process allowing companies to optimize and further automate production. This technology can be used to develop smarter factories that are more efficient and productive. By utilizing data-driven insights, businesses can make informed decisions that drive ... Read more

Dedalus Consulting Report: Global Cutting Tools Industry Continues to Feel Recovery Pressures But Remains Strong, Growing by an Estimated 6.4% in 2022

 Dedalus Consulting (www.dedalusconsulting.com) has recently published Cutting Tools: World Markets, End-Users & Competitors: 2021-2027 Analysis & Forecasts, the completely updated 11th edition of Dedalus’ in-depth research on the global cutting tools industry. The global machining and tooling industry continues to feel recovery pressures from world events, economic control measures and the lingering effects from the industrial slowdown. Yet, although many factors play heavily into the reshaping of the market, certain sectors and competitors are showing above average growth. In 2022, the global market for cutting tools will grow by 6.4% and reach nearly $22 billion. Although this remains lower than ... Read more

Dedalus Consulting Weighs in on Navigating Supply Chain Disruptions

 Dedalus Consulting (www.dedalusconsulting.com) has recently published Cutting Tools: World Markets, End-Users & Competitors: 2021-2027 Analysis & Forecasts, the completely updated 11th edition of Dedalus’ in-depth research on the global cutting tools industry. The manufacturing of cutting tools is a complex endeavor and is touched by many industries from the materials preparation stage through the finishing stages of production. Some of these are plentiful and more easily sourced. However, from 2020-2022, the deficiencies across multiple supply chains were brought into stark relief, and although they have somewhat been compensated for, they are not fully resolved. Supply chain disruptions can have a ... Read more