Industrial giant ABB is reporting a 3 per cent growth in total orders across its operation, but most of it seems to be coming from robotics.
Net income was $525 million – for the second quarter ending July 6. Gross profit, however, was down 5 per cent, and was only $1 billion. Total revenues were up 1 per cent at almost $8.5 billion.
ABB CEO Ulrich Spiesshofer says: “In Q2, ABB continued to build its growth momentum as our targeted initiatives are delivering. Order growth was broad-based and across all regions.
“Our industry-leading digital offering, ABB Ability, is taking off and starting to contribute to growth.
“Operational performance in the power grids and industrial automation divisions was solid in the quarter. Electrification products and robotics and motion improved margins sequentially, but were not able to fully compensate commodity price headwinds and overcapacity during the quarter. Continue reading Robotics and automation news is good for ABB, says CEO
Inspection in manufacturing is a process that involves the testing, gauging, measuring, and examination of a material or specimen, with the express purpose of determining whether or not it is in proper condition.
Typically, specified standards are set, against which the results of the inspection are compared to establish if the material being inspected is able to pass this stage of quality control.
The 2017 Automate Show and Conference takes place at Chicago’s McCormick Place April 3-6, and is a biennial event boasting the largest showcase of solutions-based automation technologies in North America.
Companies from around the globe will represent a wide variety of industries ranging from automotive manufacturing to telecommunications.
Whether you are researching automation technology, seeking to grow your customer base, or exploring new automation solutions, Automate 2017 makes it possible.
Siemens has been showcasing some of the prestigious projects the company’s product lifecycle management software is being used for – and they include space and maritime projects
Whether it’s space taxis or passenger cars, America’s Cup yachts or Formula 1 race cars, products are more complex, smarter and more connected than ever before. Product Lifecycle Management software helps manufacturers transform their operations into digital enterprises and lead the way – with smarter products and smarter machines making them.
The world’s fastest Space Utility Vehicle will have to be able to withstand a lot.
Exclusive interview with Saagar Govil, chairman and CEO of Cemtrex
A lot’s happened since this website was introduced to Cemtrex a few weeks ago. The company’s been on a gigantic spending spree, buying up companies and restructuring its business for new markets as though it were in a hurry to get somewhere fast.
Where that somewhere is may be deduced from the acquisitions Cemtrex has made and the types of products and services in which the acquired companies specialise.
Last month, Cemtrex purchased an obscure German company called The Target, an electronics manufacturer which supplies top-level automakers.
Then, earlier this month, Cemtrex bought up and is synergising its operations with another German electronics manufacturer, Periscope. Not to be confused with Periscope the video streaming app, the Periscope Cemtrex bought is another supplier to major automotive companies.
Japanese electronics company expands product range by making move into robotics
Omron has launched a new series of industrial robots. The release includes 49 robots developed by Omron Adept Technologies. All products are to be made available in 39 countries around the world, says the company.
The robots have been integrated with Omron’s family of sensors, safety components and NX/NJ series machine automation controllers to “simplify the introduction of robots in a production environment”, says the company.
Omron’s combination of software and control architecture is designed to addresses the factory automation challenges arising from producing a high variety mix of products with short product lifecycles that require rapid production line changeovers. Continue reading Omron launches new range of industrial robots