As we approach the end of 2020, we are thankful for the stronger than expected business activities in a few of the technology sectors we serve. Not only are these sectors showing resilience, but in certain cases, they are experiencing growth and are expanding. HERE ARE SOME EXAMPLES OF INDUSTRIES THAT ARE ON A POSITIVE… Read more »
The U.S. Food and Drug Administration (FDA) has been accelerating requests for Emergency Use Authorization (EUA) of Medical Products to enhance the fight against COVID-19. Leading the way are companies developing diagnostic tests for SARS-CoV-2. Among these are well-known manufacturers of medical devices and diagnostic tools such as Thermo Fisher, Abbott Laboratories, Cepheid and Roche Molecular Systems…. Read more »
As businesses evaluate what positions are critical in their operations while recovering from COVID-19 and the Shelter-In-Place orders — remote work is expected to be an essential function presently and in the future. In a survey by Gartner, employers said they expect that 48% of their workforce will likely work remotely occasionally even after COVID-19 passed…. Read more »
According to a study performed by PWC Global, a multinational research and advisory firm, the semiconductor industry is expected to grow by $30 billion per year up to 2022. Even with the emergence of COVID-19, there are different markets that are driving the worldwide demand for chips and wafers, which in turn has increased the… Read more »
When AB-5 was enacted on Jan. 1st, the law which added restrictions on how workers can be identified as independent contractors – Or 1099s – had additional language which exempt engineers. But does that mean ALL engineers are exempted? With the AB-5implementation, all 1099 workers must meet the ABC Test criteria, with the exception… Read more »
A new report from the World Economic Forum stated that as many as 50% of all workers are at risk of losing their jobs to automation. Mechanical Engineers have a low rate of the possible robotic takeover at 1.1% probability. In December 2019, the World Economic Forum and international Think Tank, The Century Foundation,… Read more »
CES is the biggest gathering of consumer technology companies and tech aficionados from all over the world. The 4-day conference kicked off on January 7 and was held in 11 different venues in Las Vegas, NV. This year’s CES spans more than 2.9 million net square feet of exhibit space and features 36 product categories… Read more »
On November 1st, 2019, renowned CAD developer, PTC, broadcasted the following: “PTC (NASDAQ: PTC) today announced it has completed its acquisition of Onshape, developer of the Onshape® Software as a Service (SaaS) product development platform that unites robust computer aided design (CAD) software with powerful data management and collaboration tools. The acquisition positions PTC to… Read more »
A study made by Tooling U, a training subsidiary of the Society of Manufacturing Engineers (SME), said it’s time for manufacturing employers to pay better attention to the workforce crisis that is taking place within the industry. It was already reported last year that 2.4 million manufacturing jobs are expected to stay unfilled over the… Read more »
Image Credit: Siemens The following article first appeared on Siemens’ Newsroom: Latest release of NX software enhanced with new capabilities that leverage machine learning and artificial intelligence technology to create user interfaces based on expected tasks to increase user adoption and productivity Siemens’ Digital Innovation Platform enhanced with machine learning-driven user-interface solutions to enhance design… Read more »
