It’s not just manufacturing – it applies to all industries. But manufacturing is the sector that outside observers might expect to be the least affected by the digital world.
Nothing could be further from the truth of course, especially now.
Some people might think that everything in a factory is entirely mechanical, and maybe just has some electrical components – with a chip or two for the industrial robots.
But increasingly, factories are becoming a hive of hi-tech activity, and the new buzz is almost entirely about the software. Continue reading The growing importance of software in the manufacturing sector
Germany-based home appliances manufacturer Vorwerk recently acquired Neato Robotics, a Silicon Valley maker of domestic robots.
Vorwerk is known for its premium products in the household appliances market and Neato Robotics is known for its innovation and technological know-how, mainly in robotic vacuum cleaners.
Vorwerk first invested in Neato Robotics in 2010. Both companies are eager to maximize the exponential growth of the robotic appliance market, individually and collectively, with ‘cross-over’ benefits. Continue reading Vorwerk’s acquisition of Neato Robotics adds spark to exponentially growing robotic appliance market, says IHS Markit
By Blake Kozak, principal analyst, security technology at IHS Markit
Nest Labs has expanded into the home security market with a range of products which includes the Nest Secure alarm system, Nest Hello video doorbell, Nest Cam IQ outdoor security camera, and corresponding software and services.
The video doorbell uses Google’s facial recognition technology.
Nest Labs is one of the first big movers in the home automation market, and the company is thought to be one of the leaders.
Nest currently offers a range of products including thermostats, smoke and carbon monoxide detectors, and video doorbells. Continue reading Analysis: New Nest Labs security products face stiff competition, says IHS Markit