Archives for October 19, 2016

Investing in robotics: Will ‘makers’ make a difference in the established industry?

October 19, 2016 by David Edwards

In this part of our series of articles about investing in robotics and automation, Brian Gahsman, managing partner and chief investment officer at GBSfunds, gives his view of how new inventors can change the market and what his company, Gahsman Branton, is interested in investing in

Check out realtime stock prices for companies in the robotics, automation and relating computing sectors

Robotics and Automation News: More “maker” and startup companies seem able to produce robotics and automation technology. How will this affect the market?

Brian Gahsman: We are barely on the cusp of seeing the flood of startups that will enter this space. Now that the technology is at a point of cost effectiveness many who for decades were only hobbyists now have the ability to bring their creations to the market.

As that trend increases so will the rate of M&A activity which we are already seeing with companies like Kuka as well as the recent acquisition of SLM Solutions and Arcam by GE in attempt to corner the market in metal based additive 3D printing. [Read more…] about Investing in robotics: Will ‘makers’ make a difference in the established industry?

Cognex awards Integro Technologies official partner status

October 19, 2016 by David Edwards

Cognex Corporation names Integro Technologies first certified platinum partner

Integro Technologies, a machine vision integrator in Salisbury, North Carolina, has been named the first Certified Platinum Level Cognex Partner System Integrator (PSI).

In 2003, Integro Technologies was named a Cognex Vision Integrator (CVI), and in 2005, became an official Cognex PSI. Integro Technologies has consistently been in the top tier of the Cognex PSI programs in North America.

The new Certified Platinum status acknowledges System Integration companies that have experienced engineers on staff and have been trained on the latest technology available from Cognex. [Read more…] about Cognex awards Integro Technologies official partner status

Huawei starts smartphone manufacturing in India

October 19, 2016 by David Edwards

Huawei says it is reaffirming its commitment to India with its decision to start manufacturing smartphones in India in collaboration with “sketch-to-scale” engineering design solutions company Flex.

Shri Ravi Shankar Prasad, India’s union minister, information and technology, law and justice, made the announcement at Huawei’s “Make in India” inauguration ceremony in the Indian capital, New Delhi.

Starting from this month, the Flex manufacturing plant in Chennai will manufacture one of the Honor smartphones models. The plant will have the capacity to make 3 million units by the end of 2017. [Read more…] about Huawei starts smartphone manufacturing in India

Massachusetts robotics companies employed 4,700 workers and generated $1.6 billion in revenue

October 19, 2016 by David Edwards

Massachusetts Robotics Cluster report identifies “world-class companies and research centers driving innovation”, outlines opportunities for future growth

New research released today by the Massachusetts Technology Collaborative cites 122 companies that now comprise the Commonwealth’s robotics cluster and that these firms employed over 4,700 workers and generated over $1.6 billion in revenue in 2015 alone.

The report also identified 33 new robotics startups that were created in Massachusetts over the past five years, an increase of 31 percent.

In addition to an assessment of the current state of the industry, the Massachusetts Robotics Cluster Report also outlines the key robotics sub-sectors where the Commonwealth is taking a global leadership role, including marine robotics, ecommerce logistics technologies, and collaborative robotics. [Read more…] about Massachusetts robotics companies employed 4,700 workers and generated $1.6 billion in revenue

Industrial internet: Connecting motors to the Internet of Things

October 19, 2016 by Sam Francis

Jonathan Wilkins, marketing director of industrial equipment supplier EU Automation discusses how new developments help bring legacy systems forward

In the last few years, fitness tracking technology has been increasingly popular, with a range of devices available to help you become healthier, improve your fitness performance and ultimately live longer.

These devices use non-invasive, easy to use sensors that connect directly to your smartphone or computer, giving you instant results to track your progress. At this year’s Hanover Messe, a new ABB demonstrated a new fitness tracker. Only this time, it’s a fitness tracker for industrial motors.

At this year’s Hanover fair, ABB revealed that it has developed a smart sensor that can monitor the condition of a Low Voltage (LV) motor. This development consists of two parts; the sensor and the software. [Read more…] about Industrial internet: Connecting motors to the Internet of Things