Archives for May 20, 2017

Video: Massive growth in collaborative robots market could strengthen Universal

May 20, 2017 by Sam Francis

The market for collaborative robots is growing at a phenomenal rate, with some estimates suggesting it will go from $150 million a year now to more than $3 billion in five years.

The market leader in the cobots sector is currently Universal Robots, and this video is an interview with Helmut Schmid, the company’s general manager, with responsibility for a number of countries in Europe.

RoboticsAndAutomationNews.com spoke to Schmid at this year’s Hannover Messe, held in Germany recently. [Read more…] about Video: Massive growth in collaborative robots market could strengthen Universal

Increased use of AI and robotics linked to brighter outlook for US business growth

May 20, 2017 by Sam Francis

Business optimism may be fueling recent spike in number of executives reporting increased use of automation

The number of US companies reporting an increase in their use of automation doubled in the first quarter of 2017, fueled in part by a recent spike in business confidence, according to a report released by global talent solutions firm Randstad Sourceright.

Based on a global survey of C-suite and human capital leaders, Randstad Sourceright’s Talent Trends research finds that 36 percent of US companies have increased the use of artificial intelligence and robotics over the last 12 months, up from 18 percent during the fourth quarter of 2016.

Over the same period, the number of respondents indicating that they expect significant growth in the next 12 months soared from 10 percent to 28 percent. [Read more…] about Increased use of AI and robotics linked to brighter outlook for US business growth

Exclusive interviews: Genesis Robotics bosses claim their LiveDrive could ‘change everything’

May 20, 2017 by Sam Francis

A company called Genesis Robotics is claiming that its new innovation could change the world of robotics, as well as the whole area of motion control in general.

The company’s LiveDrive is a component which could replace traditional gears in everything from industrial robots to cars and even bicycles.

In an interview with RoboticsAndAutomationNews.com, Genesis Robotics’ president, Michael Gibney, and James Klassen, CTO, both of whom we met at Hannover Messe, provide some background about how the company was formed as well as some insight into the new technology. [Read more…] about Exclusive interviews: Genesis Robotics bosses claim their LiveDrive could ‘change everything’