ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

DigiKey Premieres Factory Tomorrow Season 4 Video Series Focused on Innovative Industrial Automation

THIEF RIVER FALLS, Minn., Sept. 25, 2024 (GLOBE NEWSWIRE) -- DigiKey, a leading global commerce distributor offering the largest selection of technical components and automation products in stock for immediate shipment, announced the debut of Season 4 of the Factory Tomorrow video series sponsored by Siemens and Banner Engineering. The newest season of the series explores the next wave of innovation in industrial automation solutions for global manufacturing.

The modern factory is defined by technology that enables more efficient production and deeper insights into the critical data of day-to-day operations. Season 4 of the Factory Tomorrow video series uncovers how breakthroughs from industry leaders like Siemens and Banner Engineering are driving efficiency, providing actionable insights into daily operations and forming the future of global production.

“Looking ahead at the products and technologies shaping the world of manufacturing, we are on the cusp of a new frontier,” stated Eric J. Halvorson, senior marketing technology manager at DigiKey. “The speed to market for manufacturers today must be faster and more efficient than ever. DigiKey takes pride in partnering with the top automation products manufacturers in the world and we put their products in the hands of customers faster than anyone. Working with top-line manufacturers such as Siemens and Banner Engineering allows us to enable the vision of our customers and help them make it a reality.”

“Manufacturers constantly strive to be more responsive to their customers and more resilient within their value chain ecosystems,” said Chris Stevens, senior vice president of automation at Siemens. “To achieve this, their production capability must become increasingly adaptive. Siemens helps by providing the world’s most complete portfolio for designing, automating and executing production in any industry. Working with DigiKey, we provide thousands of manufacturers access to Siemens solutions daily, enabling them to continue their journeys to more adaptive production.”

"The factory of tomorrow looks different for everyone," said Bob Bergsgaard, director of marketing at Banner Engineering. "One path that we often talk about is to think big, start small and scale fast. Partnering with DigiKey gives customers access to Banner's extensive toolbox of easy-to-use solutions—including sensors, lighting, indication, machine safety, industrial wireless and connectivity products—so they can take a low-risk approach to testing ideas and implementing new solutions in minutes, not months."

The first of three videos in the series, “Manufacturing the Digital Thread,” explores how innovators like Siemens are enabling digital transformations in the manufacturing world. Artificial intelligence (AI) and machine learning are used to create digital representations of complex manufacturing systems. The video also highlights how real-time simulation, data analysis and predictive maintenance are creating the factories of tomorrow.

The second video, “Breaking Through with Industrial IoT,” explores how Banner Engineering is leading the charge with plug-and-play solutions for sensing, wireless connectivity and machine safety. The Industrial Internet of Things (IIoT) focuses on machine-to-machine communication and allows for user-friendly automation, higher efficiency and longer asset longevity.

The third and final video, “The Future of the Factory Floor,” highlights how DigiKey, Siemens and Banner Engineering view technological breakthroughs to fill the gaps across the factory floor. The next generation of intelligent manufacturing will be shaped by AI, real-time data and enhanced human-computer interaction.

To learn more about the video series and how DigiKey is supporting innovative industrial automation solutions for global manufacturing, visit the DigiKey website.

About DigiKey
DigiKey, headquartered in Thief River Falls, Minn., USA, is recognized as the global leader and continuous innovator in the cutting-edge commerce distribution of electronic components and automation products worldwide. We get technical by providing more than 15.6 million components from over 3,000 quality name-brand manufacturers with an industry-leading breadth and depth of product in stock and available for immediate shipment. DigiKey also supports engineers, designers, builders and procurement professionals with a wealth of digital solutions, frictionless interactions and tools to make their jobs more efficient. Additional information can be found at digikey.com and on Facebook, X, YouTube, Instagram and LinkedIn.

About Siemens

Siemens Corporation is a subsidiary of Siemens AG, a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power. Siemens has been supporting the industries and creating the infrastructure forming the backbone of America’s economy for more than 160 years, with 40,000 employees, 17,000 suppliers, and customers in all 50 states and Puerto Rico. In fiscal 2020, Siemens Group USA generated revenue of nearly $20 billion.

About Banner Engineering

Banner Engineering is a global leader in the field of industrial automation. Banner's sensors and vision, LED lights and indicators, wireless and safety products are used by companies large and small, from industry leaders in the Fortune 500 to innovators just entering the market. Companies all around the world use Banner's award-winning products and solutions to increase efficiency, reduce costs, safeguard equipment and protect personnel. Headquartered in Minneapolis, MN, Banner has sales offices, production facilities, and field representatives throughout North and South America, Asia, Africa, Australia, and Europe.

Editorial Contact
Laura Stengrim
DigiKey
+1 218-681-8000 ext. 14489
laura.stengrim@digikey.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c524205c-ff07-452f-a9ab-39e8f2263d52


Primary Logo

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.