By adjusting its sophisticated, computer-guided machinery, Forte was able to make its products physically leaner, using less material and lowering costs.

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Much of the precision machinery, computer-controlled machines that can machine anything you want, are already there.

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Machinery and computer systems can be designed to be more adaptable to new products and new markets.

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That's why in either of our plans, you know, if we want to invest in electronic medical records, then we have got to go to rural hospitals who might not be able to afford it and say, we're going to help you buy the computer software and the machinery to make sure that this works.

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It's important that people know what they are doing when new machinery is installed or new computer systems are introduced.

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Manufacturing industries reporting contraction in July included manufacturers of wood and paper products, computer and electronic products, textile mills, chemical products, transportation equipment and machinery.

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Unlike Toshiba, which pioneered the laptop computer and has learnt to live with the jittery pace of development and capital expenditure of the computer industry, Hitachi still saunters to the 20-year product cycle of heavy-electrical machinery.

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He is a consulting professor of Computer Science at Stanford University and editor-in-chief of the Journal of the Association of Computing Machinery.

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