Market trends and business perspectives
Uzbekistan Airways has selected General Electric’s GEnx-1B engines to power four new Boeing 787-8 aircraft, also known as Dreamliners.
The engine order is valued at more than $230 million, including a custom-ordered spare engine. Deliveries are scheduled to begin in 2018.
GE Aviation awarded Uzbekistan Airways its TRUEngine designation for the entire GEnx fleet. [Read more…] about General Electric wins $230 million order for Boeing Dreamliner engines from Uzbekistan Airways
Siemens has entered into an agreement to acquire Montreal, Canada-based Infolytica, expanding the company’s simulation suite into electromagnetics.
Infolytica is said to be one of the original pioneers in the field of simulating low-frequency electromagnetics and its market-leading simulation software is used by manufacturers worldwide to predict electromagnetic and thermal performance.
This accelerates the development of reliable and optimized solutions for electric and electromagnetic devices such as electric machines – including motors, generators and transformers – as well as sensors, induction heating, magnetic resonance imaging, and shielding. [Read more…] about Siemens buys Infolytica to further expand its product lifecycle management offering
The Electronic System Design Alliance Market Statistics Service reports that the electronic design automation industry revenue increased 9.8 percent for the second quarter of 2017 to $2,209.2 million, compared to $2,012.6 million in Q2 2016.
The four-quarters moving average, which compares the most recent four quarters to the prior four quarters, increased by 11.3 percent.
Walden Rhines, board sponsor for the ESD Alliance MSS and president and CEO of Mentor, a Siemens business, says: “The EDA industry continued to grow in Q2, reporting increases in all product categories and geographic regions. [Read more…] about Electronic design automation industry sees revenues increase by almost 10 per cent
Omron has launched its new NJ/NY-series NC Integrated Controller, which the company says “boosts productivity of processing machines”.
The NC Integrated Controller provides G-Code functionality and numerical control functionality, enabling high-precision complex profiling and increasing the production capacity of processing machines.
With changes in consumers’ needs and advancement of technologies, products with more diverse and complicated shapes and materials are now increasing while product lifecycles are becoming shorter. [Read more…] about Omron launches new integrated controller
Red Lion Controls has launched its newest generation of human machine interfaces, the CR1000 and CR3000.
Red Lion specialises in communication, monitoring and control technologies for industrial automation and networking.
The company says both the new products employ its new Crimson 3.1 software to provide more engaging interfaces with advanced design capabilities in addition to protocol conversion, data logging and web server for remote monitoring and control. [Read more…] about Red Lion Controls launches new generation of human machine interfaces for factory automation
Omron is preparing to launch 144 models in two categories of factory automation.
The new products will be formally released on October 2, 2017.
The company says this is the fourth wave of factory automation control devices built on a common design platform for unified product specifications, designed for innovation in control panel building. [Read more…] about Omron to launch 144 products in two categories for factory automation
The World Economic Forum has warned of widespread disruption caused by robots, in its latest report about global competitiveness.
In its Global Competitiveness Index 2017, WEF says the most competitive countries are:
The organisation says sustained economic recovery remains at risk due to lack of increases in productivity. [Read more…] about World Economic Forum warns of widespread disruption caused by robots
Toyota Research Institute has been demonstrating its progress in the development of automated driving technology and other project work to the investor community this week.
Dr Gill Pratt, CEO of TRI, says: “In the last few months, we have rapidly accelerated our pace in advancing Toyota’s automated driving capabilities with a vision of saving lives, expanding access to mobility, and making driving more fun and convenient.
“Our research teams have also been evolving machine intelligence that can support further development of robots for in-home support of people.” [Read more…] about Toyota shows off its progress in robotics, autonomous cars and artificial intelligence
Hyundai Heavy Industries has established a robotics division and has a stated goal of becoming one of the top five industrial robot manufacturers in the world.
Hyundai Robotics was established in 1984, and has been a division of Hyundai until now.
It is already said to be the largest manufacturer of industrial robots in South Korea, but now, as a standalone business, it wants to double its capacity and earn $440 million in revenue by 2021. [Read more…] about Hyundai creates separate industrial robotics division, aims for top 5 status
Alibaba is planning to invest $15 billion into developing a robotic logistics infrastructure, according to the Wall Street Journal.
Alibaba is said to be the world’s largest e-commerce company, mainly concentrating on the business-to-business sector rather than retail, but until now, it has relied on outside companies to provide its logistics.
Now, the company has invested an additional $801 million to buy a controlling stake in Cainiao Smart Logistics. [Read more…] about Alibaba to invest $15 billion into robotic logistics infrastructure
