Today I read a 2009 white paper on compete.org where it explains why US Manufacturing needs to focus on technological breakthroughs using High Performance Computing (HPC), modeling, and simulation to find better and smarter ways to improve manufacturing. The article describes how transformative technology is used by international competitors to US manufacturers. It provides an example of a HPC German lab helped the nation’s coal fired plants use modeling and simulation to to optimize plant design and operations.
I fully agree with many points in the article. Manufacturing companies are being asked to perform more with less resources and budgets. Many manufacturing companies are experiencing higher rates of failure due to degrading and old equipment. The use of technology like modeling, simulations, and predictive analytics can have a significant impact on operations and asset reliability.