Day: August 28, 2018
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Factory automation market predicted to reach $368 billion by 2025
The global market for factory automation is predicted to grow $368 billion by 2025. This is according to a new report published by Allied Market Research, titled Factory Automation Market by Control and Safety System, Component, and Industry Verticals: Global Opportunity Analysis and Industry Forecast, 2017-2025. The global factory automation market accounted for $191 billion…
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Honeywell and Carnegie Mellon to develop advanced supply chain robotics and AI solutions
Honeywell has entered into a strategic collaboration with Carnegie Mellon University to develop advanced artificial intelligence and robotic technologies for the supply chain industry, which includes warehouses and such. Honeywell says the plan is to help distribution centers address rising demands fueled by rapid growth in e-commerce. The initiative brings together Honeywell Intelligrated, a division…
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Ground Inc partners with HIT Robot Group to develop ‘next-generation logistics platform’
Japanese supply chain technology provider Ground Inc is partnering with HIT Robot Group to develop what the companies describe as a “next-generation logistics platform”. HRG, one of China’s leading manufacturer of industrial robotics and automation systems, and Ground demonstrated their new solution technology recently, and say it is aimed at “establishing a next-generation logistics platform…
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Media is a tough business. But we’re surviving
Some readers might imagine that we make a lot of money with this website, RoboticsAndAutomationNews.com. But, unfortunately, that is not true. We want to make money. We don’t think there’s anything wrong with that. Several people work long hours putting the website, magazine, and newsletter together, and then there’s the many contributors and supporters –…