How Cloud Computing Enables Modern Manufacturing

Cloud computing—the provision of infinitely scalable computing resources as a service over the Internet—is in the process of transforming virtually every facet of modern manufacturing. Whether it’s how manufacturing enterprises operate, how they integrate into supply chains, or how products are designed, fabricated, and used by customers, cloud computing is helping manufacturers innovate, reduce costs, and increase their competitiveness. Critically, cloud computing allows manufacturers to use many forms of new production systems, from 3D printing and high-performance computing (HPC) to the Internet of Things (IoT) and industrial robots. Moreover, cloud computing democratizes access to and use of these technologies by small manufacturers. This report describes how cloud computing enables modern manufacturing, provides real-word case studies of this process in action, and recommends actions policymakers can take to ensure cloud computing continues to transform manufacturing and bolster America’s manufacturing competitiveness.

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How Cloud Computing Enables Modern Manufacturing

 
Plus

The Coming Productivity Boom — Progressive Policy Institute

The Key to Future Jobs: Not College, but Compassion — Aeon

How and Why did Economic History Blossom? — Marginal Revolution

40 Years From Now, the US Could Look a Lot Like Las Vegas — FiveThirtyEight

How Americans and European Economic Attitudes Differ — VoxEU

 
Let America plunge toward our fast-unfolding future

In 1859, when Manhattan still had many farms, near the Battery on the island’s southern tip the Great American Tea Company was launched. It grew, and outgrew its name, becoming in 1870 the Great Atlantic & Pacific Tea Company, which in 1912 begat the first A&P Economy Store, a semi-modern grocery store.

By 1920, there were 4,500 such stores; by 1930, 15,000. In 1936, in Braddock, Pa., A&P opened a “supermarket.” By the 1950s, A&P was, briefly, what Walmart now is, the nation’s largest retailer, with a 75 percent share of America’s grocery business. A&P was, however, about to learn that Karl Marx was right.

Is America Tired of the Turmoil of Creative Destruction? — George Will

Πηγή: American Enterprise Institute