Afternoon Coffee: Aluminum Use in Vehicles May Grow Slower than Previously Forecast, Manufacturers Expect Surge in Wearables Adoption by 2022

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As automakers have shaved weight off of their products by incorporating aluminum, analysts have taken to calling aluminum “the new steel.” But as the Wall Street Journal writes, the search for an ever lighter vehicle is leading designers to consider a patchwork of materials, including aluminum as well as magnesium, carbon fiber and new, lighter forms of steel. Previously rosy forecasts projecting the long-term supremacy of aluminum have adjusted as a result.

The Wearables Age 

A digitally connected plant floor is becoming a necessity for modern manufacturers, leading them to adopt wearable technology in droves, according to Supply Chain 24/7. As detailed in a new survey by Zebra Technologies, one-half of manufacturers plan to adopt wearable technologies by 2022, and 55% of current wearable users expect to expand their level of usage in the next five years.

Zylo’s Growth 

Zylo, a provider that helps companies manage and optimize their SaaS applications, announced Tuesday new growth metrics and client additions in a press release. The Indianapolis, Indiana-based company, which Spend Matters named to its 50 to Providers to Watch list for 2017, is now managing more than 300,000 unique SaaS user licenses and more than $300 million of annual SaaS spend.

Export News 

And finally, a trade update: South Korean exports surged in July, rising nearly 20% from a year ago, Reuters reports. Particularly strong were shipments to India, which jumped to 79% on-year.

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