Robotics & Automation News

Market trends and business perspectives

Archives for September 20, 2017

Stibo Systems launches new version of its Spire product lifecycle management software

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Stibo Systems has launched the latest version of its product lifecycle management software.

Stibo says its new SpirePLM 8.2 is a comprehensive PLM solution enabling organizations to reduce the time required to introduce new products to market, compete efficiently and meet market and consumer expectations.

The company says it realised that new product introduction and product updates must be managed effectively in today’s digital world to achieve success.  [Read more…] about Stibo Systems launches new version of its Spire product lifecycle management software

Advantech releases two new internet gateways for factories

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Advantech has released two new gateways which it says enable “seamless protocol conversion” for internet of things data.

The new gateways extend the company’s Protocol Gateway Series for protocol conversion.

These new protocol gateway devices support protocol conversion from Modbus TCP to EtherNet/IP, and Modbus TCP to ProfiNet.  [Read more…] about Advantech releases two new internet gateways for factories

Robotiq launches online monitoring tool for Universal Robots

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Robotiq has launched an online tool which enables the monitoring of Universal Robots machines. 

The web application is called Insights and the company says it can measure a Universal Robots machine’s performance.

Insights also provides a real-time view of the robot’s key performance indicators in operation, says Robotiq.  [Read more…] about Robotiq launches online monitoring tool for Universal Robots

Robotics investment fund grows to $450 million since launch one year ago

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Global X Funds, the New York-based provider of exchange-traded funds, today celebrated the one-year anniversary of the launch of the Global X Robotics and Artificial Intelligence ETF (BOTZ).

The company says Botz has received considerable interest from investors in its first year, having surpassed $450 million in assets under management.

Botz launched on September 12, 2016 and tracks the Indxx Global Robotics & Artificial Intelligence Thematic Index.  [Read more…] about Robotics investment fund grows to $450 million since launch one year ago

Household appliances maker Vorwerk acquires Neato Robotics

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Neato Robotics, which mainly makes robotic vacuum cleaners for the home, has been acquired by Vorwerk. Terms of the transaction were not disclosed.

Vorwerk first invested in Neato Robotics in 2010. With this acquisition, the German family-owned enterprise says it is enhancing its strategic position on the emerging global market for home robot vacuums.

Neato will operate within the Vorwerk Group as a wholly owned independent business unit, with its own brand identity and corporate culture. There will be no changes to leadership or daily operations.  [Read more…] about Household appliances maker Vorwerk acquires Neato Robotics

SAS Manufacturing opens advanced aerospace manufacturing facility in Colorado

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SAS Manufacturing has unveiled a new advanced machining facility for design, manufacturing and assembly of aerospace components in Arvada, Colorado, in the US.

SAS Manufacturing expects to more than double the facility’s workforce of skilled machining technicians, managers and apprentices over the next 24 months.

The fully renovated 25,000-square-foot building is equipped with state-of-the-art manufacturing systems, including automated 5-axis milling and 3D printing capabilities, to serve a growing government and commercial client base worldwide.  [Read more…] about SAS Manufacturing opens advanced aerospace manufacturing facility in Colorado

Hitachi combines several business units to create $4 billion digital company

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Industrial giant Hitachi is best known for making electronics gadgets and heavy machinery. Its annual turnover is just under $17 billion and it employs 335,000 people worldwide. 

But the 107-year-old company is apparently taking a leaf out of its industrial rival General Electric’s book and creating a new digital business.

GE Digital is now one of the world’s top 10 software companies, and its industrial internet of things platform, Predix, has become ubiquitious.  [Read more…] about Hitachi combines several business units to create $4 billion digital company