Virtual reality (VR) systems are receiving a flood of attention from software and technology developers. As one of the most exciting emerging sectors in the information and communications technology (ICT) industry, VR is benefitting from considerable investment with the expectation that it will become a multi-billion-dollar space within the next decade. While applications are still…
Virtual reality has evolved from science fiction to one of the most entertaining and educational platforms available. But the ascension of virtual realities hasn’t been as quick as many believe; there have been decades of labour-intensive research and development projects behind contemporary VR systems. While the pursuit of computer-generated, immersive worlds has been significantly accelerated…
Virtual reality (VR) is an interactive experience that enables users to interact within a simulated, computer-generated environment. Although it has long been considered a work of science fiction, virtual reality is now more realistic and has practical, valuable uses. Most modern virtual reality systems incorporate the use of head-mounted displays (HMDs) that render high-quality audio…
Canada’s recently-released Fall Economic Update offers many provisions that directly support business competitiveness and make it easier to invest. Most beneficial to manufacturers is the announcement that the full cost of machinery and equipment can be written off immediately. Businesses outside of the manufacturing industry will also benefit from a similar incentive that supports writing…
The term “influencer marketing” has likely been mentioned around your strategy meetings. Who in your primary industry has a large and active following to whom they could positively promote your brand to help sell your product or service? No longer a social media fad, influencer marketing is rapidly being integrated into businesses’ digital marketing strategies….
Industry 4.0 is a term that’s been used for years to discuss the fourth industrial revolution. Its implications for Canadian manufacturers are profound; through the integration of digital platforms, companies can optimize their use of technology to drive innovation, productivity, and overall competitiveness. One of the best resources for understanding the implications of Industry 4.0…
Earlier this year, PLANT Magazine and Grant Thornton LLP released their annual Manufacturers’ Outlook publication. The comprehensive source of business practices and management attitudes identified several key trends that demonstrate a fast-changing manufacturing landscape. While this year’s report is generally more optimistic than years past, it also identifies that manufacturing leaders are cautious about 2018…
The Canadian Federal Budget 2018 was released last week to much interest from business leaders and industry analysts. This year, innovation was again a top priority of the federal government, highlighted by the increase in funding support for several research and development funds. Unlike the previous two Liberal budgets, however, there will be considerable changes…
This article is the 3rd of a 3-part series on automotive trends: Part 1: Intelligent Mobility Part 2: Manufacturing Materials and Processes Part 3: Vehicle Propulsion Systems Since automobiles were introduced, propulsion systems have relied on spark-ignited internal combustion engines (ICEs). These types of gasoline and diesel-based engines have been improved over time, however are…
Canada is a nation well-positioned to capitalize on the market for greenhouse-grown fruits, vegetables, herbs, and flowers. Each year there are more greenhouses operating, more greenhouse space available, and as result, greater output of greenhouse-produced products. Ontario leads all provinces in this area and generated over $1.6 billion in sales in 2016; during the same…