An engineering firm, in Eureka, Missouri has created new global opportunities to expand their business operations overseas mainly thanks to a translation firm helping them deliver their messages and documents in multiple languages. EPIC Translations, based in Michigan, provides document translation and website localization service and to mid-market multinational corporations across a range of industries including […]

Industrial robots revolutionized manufacturing. The chairman and CTO of Rethink Robotics explains why advances in technology mean much more is still to come. While the ability to automate the manufacturing process—particularly through the use of industrial robots—has proved revolutionary, such technology has traditionally been accessible primarily to large companies.Boston-based Rethink Robotics has sought to make

One Belt, One Road (OBOR) has the potential to be the world’s largest trade platform, encompassing one-third of global GDP OBOR’s success will depend on the availability of massive funds and the ability to properly deploy those funds Enthusiasm for OBOR has so far been fairly strong, and many parties are invested in making it

Industry leaders emphasize the importance of four management practices in a transformation. Few industries are facing as much external change as pharmaceuticals and medical products, whether it be sustained global demand and the need for drugs and devices, accelerating cost pressures on health systems,

The fast and furious growth of the country’s Internet finance industry will inevitably slow. Companies need to begin positioning themselves for sustainable success. China’s Internet finance industry has boomed in recent years. The country leads the world when it comes to total users and market size; financial-technology (or fintech) start-ups are mushrooming, as are company

DETROIT — EPIC Translations today announced it is part of the largest-ever U.S. delegation to Hannover Messe, the world’s foremost trade fair for industrial

As the world grows in both wealth and population, so will the demand for energy: global primary-energy consumption is on course to increase 25 percent between now and 2030. At the same time, concerns over pollution and climate change are forcing business and government to think hard about how they produce and use energy.

It’s difficult enough managing business operations in a single country let alone in multiple countries. Some of the challenges for multinational companies (MNCs) might include the shortage of qualified human resources, unfriendly business environment, conflicting interests, corruption, language barriers, and labour cost to name a few. When all of these challenges are combined together, organizations

“Research indicates that many companies producing multilingual documentation are using Benefits Of Translations Memory systems. Usage of TM correlated with text type characterised by technical terms and simple sentence structure (technical, to a lesser degree marketing and financial), computing skills, and repetitiveness of content.” Translations Memory Those companies that have used translation services in the

Making sense of e-detailing in Japan’s pharmaceutical sector For decades, pharmaceutical companies had a simple business model. They hired thousands of sales reps who would hustle from door-to-door, desperate to win a few minutes time from physicians to attempt to convince them why Product A had superior efficacy and/or fewer side effects than Product B.

The growing demand for products that are “good enough” and competitively priced has pushed medical-product manufacturers to develop strategies to attract and retain this new segment of customers.

Mobile Internet Automation of Knowledge work The Internet of Things Cloud Technology Advanced Robotics Autonomous and Near-Autonomous Vehicles Next-Generation Genomics Energy Storage 3D Printing Advanced Materials Advanced Oil & Gas Exploration and Recovery Renewable Energy

It’s a demographic sweet spot of enormous potential. With the developed world (Japan, Europe and to a lesser extent, the US) getting older, and emerging markets getting both bigger and richer, the market for things that make consumers healthier is set to expand. And it is already a very big deal (see chart).

  The digital revolution is well under way for pharma companies. We spoke with 20 leading executives to find out how they cope—and what they do to stay ahead.

In the past 20 years or so, manufacturers have been able to reduce waste and variability in their production processes and dramatically improve product quality and yield (the amount of output per unit of input) by implementing lean and Six Sigma programs.However, in certain processing environments—pharmaceuticals, chemicals, and mining, for instance—extreme variability is a fact