Industry Market Trends

Will Solar-Powered UAVs Replace Satellites?

September 10, 2013

2013 engineering.com_logo_new_tagline white_modded Satellites, regardless of their function, are expensive. Between development, launch costs, and maintenance a single satellite can cost millions of dollars to keep in orbit. However, in a bid to change the rules of the satellite game Titan Aerospace has introduced a new high altitude UAV to replace conventional satellites. Named the Solera, the solar-powered UAV has a massive 50 m (164 ft) wingspan, attached to its 15.5 m (54 ft) body. The entire craft, which weighs only 159 kg (350 lbs), is covered with some 3,000 solar cells allowing it to produce 7 kW of power during daylight hours.  Read More

Industry Market Trends

China's Solar Advantage Not Driven by Labor Costs

September 10, 2013

ID-100142687Large-scale production is the primary advantage being leveraged in China's manufacturing of photovoltaic (PV) solar energy systems, according to a new report released today by the U.S. Dept. of Energy's (DOE) National Renewable Energy Laboratory (NREL) and MIT. The assessment runs counter to the long-held belief that low labor costs and direct government subsidies have led to China's dominance in PV manufacturing. The study shows that China's production scale has been enabled, in part, through preferred access to capital (indirect government subsidies) and the resulting supply-chain benefits. The report suggests that the advantages enjoyed by China-based manufacturers could be reproduced in the United States.  Read More

Industry Market Trends

Engineering Among Majors with the Highest Employment Rates

September 10, 2013

College students who major in geological engineering, military technology, pharmacology, and school counseling are all but guaranteed a job after graduation, according to a new report by Georgetown University’s Center on Education and the Workforce. Read More

Industry Market Trends

How to Improve the Accuracy of Sales Forecasting

September 10, 2013

An accurate sales forecast helps businesses manage inventories, identify market trends, determine staffing levels, and set business goals. So what do companies have to do to get sale forecasts right?  Read More

Industry Market Trends

Is It Time to Scrap the Annual Budget Process?

September 10, 2013

For most businesses, the annual budget is a key planning document, reflecting the organization's growth projections and its decisions around resource allocation. But a growing number of decision makers and financial experts are questioning the usefulness of the traditional annual budget.  Read More

Industry Market Trends

Your Supplier Sold You a Counterfeit Product: Now What?

September 10, 2013

Discovering counterfeit products in the supply chain can create a quagmire of legal and logistical challenges for a manufacturer. It is a problem that is becoming shockingly more commonplace. Knowing how to respond is critical to protect one’s business and customers.  Read More