A cutting tool mounting assembly includes a base that defines a receptacle. A bushing is configured to be received in the receptacle and includes an aperture. A rotatable cutting tool is received in the aperture of the bushing. The rotatable cutting tool includes a cutting tip. The cutting tool mounting assembly includes a split, modular and wireless wear detection system including a target proximate the cutting tip for emitting a signal representative of the wear of the cutting tip, a sensor element for detecting the signal emitted by the target at a spaced apart location with respect to the target, a data recording and data transmitting device for recording data from the sensor element and for wirelessly communicating the data to a processor and/or a display device.

A system for improving drill bit performance, having processors and memory storing instructions to obtain a wear report for a drill bit, wherein the wear report includes wear characteristics of the drill bit and drill operating parameters under which the drill bit was used; compare the wear characteristics of the drill bit to a threshold for acceptable drill bit wear; and adjust drill operating parameters based on the wear characteristics of the drill bit. The instructions to obtain the wear report for the drill bit include instructions to analyze images of the drill bit to identify wear characteristics; identify wear patterns based on the wear characteristics of the drill bit; identify probable drilling conditions based on the wear patterns; and generate the wear report for the drill bit based on the images of the drill bit, the wear characteristics of the drill bit, and the probable drilling conditions.

The invention relates to a cutting tool having at least one cavity arranged in the cutting tool, spaced apart from an outer contour of the cutting tool by a wear layer, wherein a thickness of the wear layer corresponds to a wear limit of the cutting tool, wherein an indicator substance is arranged in the cavity.

A system for improving drill bit performance, comprising processors and memory storing instructions to obtain a wear report for a drill bit, wherein the wear report includes wear characteristics of the drill bit and drill operating parameters under which the drill bit was used; compare the wear characteristics of the drill bit to a threshold for acceptable drill bit wear; and adjust drill operating parameters based on the wear characteristics of the drill bit. The instructions to obtain the wear report for the drill bit include instructions to analyze images of the drill bit to identify wear characteristics; identify wear patterns based on the wear characteristics of the drill bit; identify probable drilling conditions based on the wear patterns; and generate the wear report for the drill bit based on the images of the drill bit, the wear characteristics of the drill bit, and the probable drilling conditions.

A system for improving drill bit performance, comprising processors and memory storing instructions to obtain a wear report for a drill bit, wherein the wear report includes wear characteristics of the drill bit and drill operating parameters under which the drill bit was used; compare the wear characteristics of the drill bit to a threshold for acceptable drill bit wear; and adjust drill operating parameters based on the wear characteristics of the drill bit. The instructions to obtain the wear report for the drill bit include instructions to analyze images of the drill bit to identify wear characteristics; identify wear patterns based on the wear characteristics of the drill bit; identify probable drilling conditions based on the wear patterns; and generate the wear report for the drill bit based on the images of the drill bit, the wear characteristics of the drill bit, and the probable drilling conditions.

A cutting insert for cutting, milling or drilling of metal includes a body having an elongate recess extending along at least a portion of the body, a first layer covering interior side walls of the recess, and a sensor arrangement. The body includes a substrate. The sensor arrangement includes sa lead extending along the recess. The lead includes electrically conductive material, which is arranged in the recess such that the first layer is located between the electrically conductive material and the substrate. For at least a depth below which at least a portion of the electrically conductive material is arranged in the recess, a width of the recess measured at that depth between portions of the first layer covering opposite interior side walls of the recess is less than or equal to 80 micrometers.

A cutting insert for cutting, milling or drilling of metal includes a sensor for detecting a predetermined wear of the cutting insert caused by operation thereof on a metal work piece, wherein the sensor includes at least two contact regions through which the sensor is connectable to external measuring circuitry. The sensor has at least two leads, which are connected to a respective of the at least two contact regions, wherein each lead presents a respective free end positioned such that, upon the predetermined wear caused by the operation of the cutting insert on a metal work piece, the free ends will be connected to each other by the metal work piece or by a chip resulting from the operation of the cutting insert on the metal work piece.

A cutting insert for cutting, milling or drilling of metal includes a body having an elongate recess extending along at least a portion of the body, a first layer covering interior side walls of the recess, and a sensor arrangement. The body includes a substrate. The sensor arrangement includes sa lead extending along the recess. The lead includes electrically conductive material, which is arranged in the recess such that the first layer is located between the electrically conductive material and the substrate. For at least a depth below which at least a portion of the electrically conductive material is arranged in the recess, a width of the recess measured at that depth between portions of the first layer covering opposite interior side walls of the recess is less than or equal to 80 micrometers.

A system for improving drill bit performance, comprising processors and memory storing instructions to obtain a wear report for a drill bit, wherein the wear report includes wear characteristics of the drill bit and drill operating parameters under which the drill bit was used; compare the wear characteristics of the drill bit to a threshold for acceptable drill bit wear; and adjust drill operating parameters based on the wear characteristics of the drill bit. The instructions to obtain the wear report for the drill bit include instructions to analyze images of the drill bit to identify wear characteristics; identify wear patterns based on the wear characteristics of the drill bit; identify probable drilling conditions based on the wear patterns; and generate the wear report for the drill bit based on the images of the drill bit, the wear characteristics of the drill bit, and the probable drilling conditions.

A cutting insert for cutting, milling or drilling of metal includes a sensor for detecting a predetermined wear of the cutting insert caused by operation thereof on a metal work piece, wherein the sensor includes at least two contact regions through which the sensor is connectable to external measuring circuitry. The sensor has at least two leads, which are connected to a respective of the at least two contact regions, wherein each lead presents a respective free end positioned such that, upon the predetermined wear caused by the operation of the cutting insert on a metal work piece, the free ends will be connected to each other by the metal work piece or by a chip resulting from the operation of the cutting insert on the metal work piece.