Archives for August 3, 2017

Rewired launches $100 million robotics-focused venture studio and fund

August 3, 2017 by Sam Francis

Investments will focus on applied science and technologies that advance machine perception and unlock the next-generation of smart robotics

Rewired has launched a robotics venture studio and fund. To start with, the company is investing $100 million in applied science and technologies that advance machine perception.

Rewired says its initial proposition is that improving machine perception will unlock the next generation of smart robotics.

To that end, the company is focusing on the sensors, software, and systems that help autonomous machines to interact with unpredictable environments and collaborate with humans. [Read more…] about Rewired launches $100 million robotics-focused venture studio and fund

Interview: Leading robotics and automation fund manager planning to launch new investment vehicle

August 3, 2017 by Sam Francis

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. [Read more…] about Interview: Leading robotics and automation fund manager planning to launch new investment vehicle

Baumüller prepares to showcase new solutions at Drinktec event

August 3, 2017 by Sam Francis

Baumüller will introduce what it describes as “complete solution packages and industry-specific components” at Drinktec 2017, the drinks packaging industry event.

From September 11-15, 2017, Baumüller will participate in drinktec 2017, the world’s leading trade fair for the beverage and liquid food industry in Munich.

In hall B3 at stand 321, the Nuremberg-based drive and automatization specialist will present its specific industry solutions for the beverage industry – from a drive with an aseptic surface for transport tasks in the food sector to compact local drive technology for minimum wiring effort. [Read more…] about Baumüller prepares to showcase new solutions at Drinktec event

iRobot denies it will sell map data about customers’ rooms and houses

August 3, 2017 by Sam Francis

iRobot says it will “never” sell the data its little robotic vacuum cleaners collect while mapping and navigating people’s rooms and homes.

In a statement provided to ZDNet, Colin Angle, CEO of iRobot, reassured customers by saying: “iRobot will never sell your data.”

The statement follows comments Angle gave to Reuters suggesting that the company might consider selling maps iRobot’s Roomba robotic vacuum cleaner generates of users’ homes. [Read more…] about iRobot denies it will sell map data about customers’ rooms and houses

Automotive and industrial companies ‘could unlock billions in revenue’ through new growth strategies

August 3, 2017 by Sam Francis

Accenture using a “new way” of measuring corporate competitiveness

Industrial companies, such as automotive manufacturers, could unlock billions of dollars in revenue by adopting a more “holistic strategy”, according to a new report by Accenture.

The business management consultant conducted a survey into competitiveness in industry and found that the best approach is one that places equal emphasis on growth, profitability, sustainability and trust.

This “inter-dependent” strategy “yields massive growth potential”, says Accenture, which bases its conclusions on analysis of 47 automotive and industrial companies’ performances.