Top News from Leading Digital Manufacturing Solution Providers
November 28, 2012
Fracking: The Harbinger of a US Economic Golden Age
During this past election, the topic that continually arose was the economy. Now, faced with falling off the Fiscal Cliff, matters seem even bleaker. But according to Harvard history professor, Niall Ferguson, we may be on the verge of a new economic “golden age” – and energy will get us there.
Ferguson believes that natural gas and oil production will be the source of the tailwind. Specifically, he is referring to “fracking,” a process by which oil and gas are extracted from shale formations split open through liquid injections. (This definition, of course, replaces the Battlestar Galactica expletive of the same name.)
According to the International Energy Agency, this isn't just the tentative beginning of an emerging era for US energy production. In a recent forecast, the agency predicted the US would topple Saudi Arabia from on the oil-production throne within the decade. Not only would this boom help us move toward energy independence, it would bring jobs Americans have been asking for since the 2008 economic downturn.
But Ferguson says this isn't the only good tidings that fracking will bring. As the US moves past Saudi Arabia on the oil totem pole, “the dollar can only benefit.”
Also, despite his alignment with the Republican party, Ferguson states that this economic upswing will be a boon to Obama, who would, according to Ferguson, be credited with the oversight of the changing tide. Energy independence through fracking would also mean cleaner energy as we lessen dependence on coal, in line with Obama's goals.
But Obama's possible victory is still contingent upon the accuracy of Ferguson's forecast. Even if Ferguson, a Romney supporter in this past election, is less than thrilled at the potential victory for the Democratic Party, he, and millions of other Americans, may have less to complain about if his predictions hold true.
At this year’s Supercomputing conference, Ohio made its mark with a $6.4 million public-private initiative designed to bring high performance computing (HPC) to manufacturers of all sizes—particularly to those small-to-medium-sized companies for which the technologies are cost-prohibitive. Read more...
A consortium of 45 partners have assembled in Europe with the hope of fortifying the international manufacturing marketplace through modeling and simulation tools. After an initial phase of closed testing led by the Edinburgh Parallel Computing Centre (EPCC), the new HPC cloud project is opening its doors. Read more...
It’s no secret that going virtual to engineer and test new cars, planes or even consumer products saves money, particularly if it means going through multiple versions of a single design. But at October’s Matlab Expo, software engineers and scientists came together to paint a new image of software as something beyond a mere sandbox: a playground. Read more...
Dec 05, 2013 |
Back in July, Curiosity, NASA’s Mars rover, began a 5.3 mile journey to Mount Sharp, a 3.4 mile-high mountain in the Gale Crater. However, in late October, the rover completed a two-day drive all on its own thanks to Carnegie Mellon University’s Robotics Institute and their autonomous navigation software. Read more...
Dec 04, 2013 |
On September 2, 2013, the EU project titled “LIAA” was set in motion. With the project, scientists will help to develop robotic systems and applications that will be used for assembly in manufacturing, and in doing so help humans and robots to better work together. Read more...
Nov 26, 2013 |
Siemens Industry Software India (SISW) has signed an agreement with the Government of Gujarat’s Ministry of Industries and Mines to launch five Centers of Excellence (COEs) in the state. These centers will specifically be aimed at skill development in higher education. Read more...
Nov 14, 2013 |
At a time when finding a job is first on the minds of many, companies continue to outsource positions overseas. However, at the National Retail Federation’s annual convention back in January 2013... Read more...
07/30/2013 | IBM | This white paper examines various means of adapting technical computing tools to accelerate product and services innovation across a range of commercial industries such as manufacturing, financial services, energy, healthcare, entertainment and retail. No longer is technically advanced computing limited to the confines of big government labs and academic centers. Today it is available to a wide range of organizations seeking a competitive edge.
06/25/2013 | Intel | The UberCloud HPC Experiment has achieved the volunteer participation of 500 organizations and individuals from 48 countries with the aim of exploring the end-to-end process employed by digital manufacturing engineers to access and use remote computing resources in HPC centers and in the cloud. This Compendium of 25 case studies is an invaluable resource for engineers, managers and executives who believe in the strategic importance of applying advanced technologies to help drive their organization’s productivity to perceptible new levels.