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Make sure your business is prepared to adapt in a changing market. The AEM Thinking Forward Podcast is where leaders in the equipment manufacturing industry hear about the latest developments and disruptions in construction and agriculture. Listen regularly for insightful interviews with technology pioneers, industry heavyweights and established experts. The AEM Thinking Forward Podcast is brought to you by the Association of Equipment Manufacturers (AEM), which represents more than 1,000 No ...
 
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show series
 
With a new decade upon us, a lot of people in the construction and agriculture business world are marking this milestone with some uncertainty about what the future may hold. While the last decade was one of slow but uninterrupted economic growth, global trade skirmishes and political instability have given business leaders pause as the calendar tu…
 
As more Baby Boomers are reaching retirement age, equipment manufacturers who want to stay competitive are going to need to attract and retain younger workers. But many companies don’t have a plan for appealing to Gen X, Millennials and Gen Z. And those that do might be basing it on false notions about generational thinking and mindsets. So in this…
 
In the U.S., around 13 million acres of land are used as roads and rights-of-way in the interstate highway system. That’s a lot of real estate, and all it does is provide a surface on which to operate cars and trucks. But a pioneering new experiment in Georgia, known as The Ray, is reimagining what roads could look like if they multi-tasked. Allie …
 
What does the future hold for equipment manufacturers? We asked one of the world’s most well-known experts in future trends in technology, Sheryl Connelly. Connelly holds the title of Chief Futurist at the Ford Motor Company, and publishes the Annual “Looking Further with Ford” trends report. For more than 20 years, she’s been tasked with helping c…
 
Statistics show that up to 90% of job site accidents are caused by unsafe behavior, not conditions. And Justin Ganschow of Caterpillar Safety Services believes that worksite rookies and veterans alike can benefit from learning critical safety lessons in a controlled, VR environment. In this episode, Ganschow takes AEM inside the Cat® Safety VR prog…
 
Just about every major player in Silicon Valley and the auto industry has efforts underway to develop autonomous car technology. Not only will self-driving cars change the way the construction industry builds roads, but some of that same tech will power the autonomous heavy equipment of the future. In this episode, an update on who’s leading the au…
 
Using farm data to improve operating margins is perhaps more important than ever, in a year where weak commodity prices, international trade uncertainty and abysmal planting conditions are putting farmers under serious pressure. But how can equipment manufacturers help growers reap the benefits of digital technology? In this episode, two experts fr…
 
Electromobility and automation are two of the hottest topics in leading edge technology right now. And at a test site in Sweden, Volvo CE has proved that these technologies can be combined to run a quarry that's virtually emission-free. In this episode, Volvo CE's Dr. Fares Beainy parses the benefits and challenges of an all-electric fleet of const…
 
Additive manufacturing, or 3D printing, shows growing potential as a technique for fabricating parts out of plastic or metal. But what about building structures out of concrete? AEM member Oshkosh Corp. and Oak Ridge National Laboratory have teamed up to develop new 3D printed concrete technology, and the early results show the potential to reshape…
 
Space may be the final frontier, but the technologies being developed to land the first humans on Mars can also be leveraged by tech-savvy OEMs in the heavy equipment industry. In this episode, NASA technologist Steven Gonzalez explains the space agency's technology transfer program, which makes cutting-edge tech available to U.S. enterprises. And …
 
They say, “We’ve Always Done It That Way” are the six most destructive words in the business world. That’s truer than ever in an era of disruptive technology. So what are the assumptions that define the heavy equipment manufacturing industry, and how could they be disrupted? On this episode, AEM Futures Council chair Guru Bandekar from JLG Industri…
 
Artificial intelligence is a technology that is poised to begin disrupting every industry it touches--including heavy construction and agriculture equipment. And according to digital strategist and TV host Amber Mac, the sooner manufacturers accept the inevitable roles of A.I. in their business models, the better off they will be. Plus, Singularity…
 
In the world of racing, Team Penske stands as an unrivaled success. But it turns out that they’ve got a lot to teach equipment manufacturers about collecting and analyzing IoT data off high-performance machines. In this episode, Team Penske's Carlos Gutierrez explains why, from an engineer’s perspective, there’s a lot of crossover between racing an…
 
The "Membership Economy" is a hot topic among business leaders, and Robbie Kellman Baxter literally wrote the book on it. In this episode, she explains how heavy equipment manufacturers can use “forever promises” like Netflix does to move from an ownership business model to a membership model. That can mean new sources of revenue, ongoing customer …
 
For the manufacturers who build agriculture equipment, understanding the Internet of Things, digital service business models and consolidating farm ownership is more crucial than ever before. Together with the Context Network, the Association of Equipment Manufacturers prepared "The Future of Agriculture," a comprehensive report on the trends that …
 
What if, instead of prototyping two or three different design concepts, your engineers could try thousands? By putting artificial intelligence and cloud computing to work for heavy equipment manufacturers, the innovators at Autodesk say their new software effectively lets you do just that. The process is known as Generative Design, and it is alread…
 
Renowned for its creative approach to workforce development, Vermeer Corporation was tested like never before when its manufacturing campus in Pella, Iowa was struck by a tornado on July 19. In the weeks since this near-disaster, the employees of this company have rallied around the concept of #VermeerStrong, picked up the pieces and begun the proc…
 
"If you put fences around people, you get sheep." The McKnight Principles, penned by former 3M President William McKnight, define the corporate culture at this $32 billion a year company. But, from its start as a failed mining operation, 3M has never stopped reinventing itself. And by giving employees permission to experiment, and even to fail, 3M …
 
The digital revolution is opening up new sources of revenue to companies that know how to tap into it. And as the construction and agriculture equipment industry incorporates more software into the products it sells, there are valuable lessons manufacturers can learn from Silicon Valley. In this episode, former Oracle on Demand CEO, Stanford lectur…
 
Innovative technology talent is tough to come by for manufacturers looking to make their equipment "smarter." But the business incubator and makerspace mHub in Chicago is turning the talent model upside down, enabling companies like the Marmon Group to contract out fresh solutions to industry challenges by tapping into mHub's deep pool of IoT talen…
 
When it comes to heavy equipment operator training, we've heard for years that there's no substitute for hands-on learning. But a new virtual reality training platform, developed by Serious Labs with the help of Skyjack, is allowing trainees to get that "hands-on" experience on aerial work platforms without ever having to leave the ground. In this …
 
Whether it’s predictive maintenance, GPS guidance or any other technology that's making heavy equipment smarter, the first step in continuing to meet your customers’ needs and expectations is understanding what those needs and expectations are. So AEM partnered with the consulting firm McKinsey & Co. to survey 1,409 construction contractors and far…
 
"Every penny has to be maximized, every square inch of the field has to be optimized," in order for American agriculture to remain dominant on the global market, says Eric Lescourret from AGCO Corporation. With the growing suite of precision agriculture tools to make that happen, he discusses how equipment manufacturers can tailor these solutions t…
 
Several potentially disruptive trends are poised to make an impact on the heavy equipment manufacturing industry—drones, automation, predictive maintenance and the service-oriented business model. And where those trends intersect, technology pioneers like SkySpecs CEO Danny Ellis are reimagining an entire sector of the economy. In this edition of t…
 
Dr. Lonnie Love was the lynchpin that held together the massive effort to build the world's first additive manufactured excavator, Project AME. In this inaugural edition of the AEM Thinking Forward Podcast, we check in with Lonnie at the Oak Ridge National Lab to learn how the new 3D printing technology they develop is changing business models thro…
 
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