The global effects of robotics and automation technologies is forecast to include the removal of as many as 800 million people from their jobs by 2030, according to a new report. Seventy million of them will be in the US.
McKinsey, the consultancy firm which conducted the research, says the development of automation technologies is “sparked much public concern”.
In its report, Jobs Lost, Jobs Gained: Workforce Transitions in a Time of Automation, McKinsey Global Institute says that, while automation is not a new phenomenon and fears surrounding its effects date back centuries, the situation seems different now. Continue reading Robotics and automation to replace 800 million human workers by 2030, says new report
Yaskawa Electric says it has achieved a staggering 150 per cent growth in net profit for the period from April to September, compared with the same period last year, according to a report on Nikkei.
Nikkei says Yaskawa’s profits for the period were $184 million, beating its own previous records.
Yaskawa, which also owns the Motoman brand of industrial robot, says most of the growth was due to increased orders for automation equipment from China, Japan and the US. Continue reading Yaskawa Electric reports stunning 150 per cent more profits with robotics and automation leading the way
NTT Data Services has expanded agreement with Automation Anywhere to include its robotic process automation, cognitive and analytics solutions in NTT Data’s end-to-end automation ecosystem, Solutions for Intelligent Automation.
By leveraging advanced analytics and machine learning, NTT Data delivers and maintains automation solutions to allow humans, autonomics, and virtual assistants to automate repetitive tasks and fuel enterprise innovation and business growth.
Dan Thomas, vice president of automation, integration and alliances, NTT Data Services, says: “Our expanded collaboration with Automation Anywhere adds to our robust portfolio of robotic process automation related services and outcome-driven solutions for our clients. Continue reading NTT Data and Automation Anywhere partner to offer digital workforce platform
Automation company B&R is planning to showcase its condition monitoring solution for mobile automation, designed specifically for the agricultural sector.
B&R will be presenting the solution at this year’s Agritechnica exhibition – scheduled for November 12-18 in Hanover. B&R will be in hall A05, at booth 15.
Visitors will be able to see how advanced automation solutions can be implemented based on a comprehensive hardware portfolio, ready-made software components and a powerful engineering tool, says B&R. Continue reading B&R to present condition monitoring solution at Agritechnica
CommScope, a provider of infrastructure solutions for communications networks, has opened a new advanced manufacturing technology centre at its Kessel Lo, Belgium site.
The centre will showcase a newly formed partnership with Yaskawa, one of the world’s largest industrial robot suppliers, to determine the feasibility of adding robot technology and greater automation to manufacturing processes.
The new Advanced Manufacturing Technology centre enables CommScope to develop automated manufacturing competencies and technology in a laboratory setting through cross-functional collaboration and partnerships with universities, knowledge partners and suppliers. Continue reading Yaskawa partners with CommScope on advanced manufacturing technology centre in Belgium
Exclusive interview with Mike Bell from Canonical, the company behind Ubuntu
There’s a lot of talk about the Robot Operating System. Understandably so. But the most widely used operating system in robotics and automation systems development is actually Ubuntu.
In fact, ROS is not actually an operating system at all – it’s a set of software frameworks, or a software development kit, to be installed into an operating system like Ubuntu.
As Mike Bell, executive vice president of internet of things and devices at Canonical, explains in an exclusive interview: “It’s a bit confusing because it’s called Robot Operating System, but the reason is because if you’re developing robot applications, you don’t need to worry about the fact that it’s running on Ubuntu.
“You just write your application to interface into a ROS SDK and then deploy on Ubuntu.” Continue reading Interview with Ubuntu boss: A rich ecosystem for robotics and automation systems
Siasun Robot & Automation has become the first Chinese company to join the US Robotic Industries Association.
Siasun is said to be China’s largest robot supplier and integrator. By joining RIA, the company will gain greater access to the association’s members, partners and personnel.
It may also learn about new technologies and more support for any plans expansion in America. Continue reading Siasun becomes first Chinese company to join leading US robotics association
The Port of Melbourne is the site of what is said to be the world’s first fully automated container handling terminal.
The system was developed and delivered by Kalmar, part of Cargotec, and Navis, part of Kalmar Business Area within Cargotec.
The automation solution is called OneTerminal, and was supplied to International Container Terminal Services Incorporated at the Port of Melbourne, Australia. Continue reading ‘World’s first’ fully automated port terminal opens in Melbourne
B&R’s Automation PC 910 is now optionally available with an Intel Xeon processor to make it more powerful, says the company.
The new microarchitecture provides a “50 per cent increase in performance” compared to the previous high-performance Core i processors, adds B&R, which was recently acquired by industrial giant ABB.
This level of performance allows effective handling of all applications that require fast analysis of large amounts of data, such as machine vision, data preparation for cloud applications and data mining for collection and analysis of quality data. Continue reading B&R gives its industrial PC more power with Intel Xeon processor
Kollmorgen says it has updated its developer network, added more functions and made it easier to use on mobile and desktop computer.
“It’s so much easier when you work as a team,” say the company in a statement. “This is why Kollmorgen has thoroughly revised and expanded the web-based customer community KDN – Kollmorgen Developer Network.”
The new version of the online knowledge base is really easy to use on all PCs, tablets, and smartphones – thanks to its responsive design, says the company. Continue reading Kollmorgen updates its developer network software
Minimum wage increases lead to more investment in robotics and automation systems, according to a new study.
The report, People Versus Machines: The Impact of Minimum Wages on Automatable Jobs, analysed the US Census Bureau’s Current Population Survey data from 1980 to 2015.
The paper was published by the National Bureau of Economic Research, and authored by Grace Lordan and David Neumark. Continue reading Minimum wage increases lead to more robotics and automation, says new report
ROBO, believed to be the first robotics and automation exchange traded fund, has reached a new milestone in terms of its assets under management.
Index provider ROBO Global, which has holdings in more than 100 listed companies, says investors have embraced its dedicated focus on robotics, automation and artificial intelligence.
The ROBO Global Robotics & Automation Index ETF recently surpassed $1 billion in assets under management, and its managers say it has achieved the psychologically significant benchmark less than four years after launching. Continue reading Largest robotics and automation investment fund now has $1 billion in assets under management
It’s not a glamorous business, logistics. Doesn’t make the mainstream news very often. And it’s not likely to be the top career choice for most people.
It’s understandable. After all, how interesting can it be to move boxes from point A to point B?
Put like that, it’s not much to write home about. But now, with driverless vehicles everywhere, augmented reality glasses and exoskeletons for warehouse workers, and robotics and automation technologies of all kinds promising to transform the industry worldwide, logistics is about to get much more interesting. Continue reading DHL could stop Amazon from taking over the world. Probably
Comau has signed deals with two new partner companies in Greece and Argentina.
In Greece, Comau has appointed the Nimac Group as its robotics distributor.
Nimac (pictured above) is located in Thessalonikki, and started the production of horizontal panel saws in 1977. It is now said to be one of the top manufacturers in the beam saws sector.
The newly created business line, Nimac Robotics, will bring the Comau’s robotics and automation products portfolio to the Greek market. Continue reading Comau signs up new robotics and automation partners in Greece and Argentina
The news that investments in robotics and automation companies have out-performed all other investments on the stock market will only add to the allure of this sector.
Fuelled by a renewed fascination and technological advancement in artificial intelligence, investors are enthusiastically looking for funds and companies in which to put their money.
There’s very few investments in life or in history that can offer get-rich-quick returns, but certainly a wise investor could make substantial returns if they are careful with their money. Continue reading Interview: Leading robotics and automation fund manager planning to launch new investment vehicle