AGMA has selected four areas of focus for work by the Emerging Technologies Committee (ETC):
The Emerging Technology Committee has affirmed the committee goal:
Identify, investigate and inform AGMA members of Emerging Technologies that may disrupt or significantly impact the power transmission industry.
Additive Manufacturing (AM) is a term used to describe the technologies that build 3D objects by adding layer upon layer of material. These printers use various materials including, but not limited to, plastic, metal, concrete, and human tissue.
Types of processes include:
The Industrial Internet of Things (IIoT) promises to integrate humans and intelligent machines along horizontal and vertical supply chains, delivering a host of improvements to productivity and reducing costs. The technology is part of the wider development of the ‘Internet of Things’ (IoT) – a movement which, according to McKinsey & Company, could add an additional $11.1 trillion per year in economic benefits to the global economy by 2025.
Extensive research is being conducted to find alternatives to steel and other, heavier, metals. Research and development crosses the spectrum of materials sciences, but for the purpose of this report, we have limited the findings to superalloys and what we will term “Nanomaterials” (as there are many terms currently being used). And this will be defined as the work that is being done at the molecular level to create new, lightweight, corrosion-resistant materials, or to enhance currently existing superalloys.
Additional research is being conducted to find new polymers that may be outside metal - but possess similar qualities.
To meet productivity and efficiency demands, industries are rapidly turning to automation. But automation systems are expensive. A highly underutilized government incentive, the Research & Development (R&D) Tax Credit, help offset much of the development and implementation costs for automation systems and provide a source of capital for the acquisition of additional technical talent.
How a little-known tax credit can pay off big in automation costs