Robotics & Automation News

Market trends and business perspectives

Archives for September 20, 2018

FedEx Ground expands US operations to six days a week

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FedEx Corp. has expanded FedEx Ground U.S. operations to six days per week, in response to the growing e-commerce demand and record influx of volume expected this holiday season, and beyond.

“FedEx anticipated early on that the growth of e-commerce would significantly increase demand throughout our network,” said Raj Subramaniam, executive vice president, chief marketing and communications officer, FedEx Corp.

“We underwent a transformation by opening new facilities and investing in highly-advanced technology and innovations that have resulted in the most automated network in the industry, delivering the speed and reliability our customers value highly.

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Groupe PSA vehicles to have voice recognition smart assistants

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Groupe PSA has signed a strategic partnership agreement with Silicon Valley start-up SoundHound Inc., the leader in artificial intelligence (AI) and natural language voice recognition technology.

The unique Deep Meaning Understanding technology developed by SoundHound Inc. is the only solution that, like a human being, can instantly answer multiple questions in a single sentence.

SoundHound is developing voice and AI integration algorithms to tailor the world’s fastest speech recognition technology and seamless natural language understanding capability to Groupe PSA’s vehicles.

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ATS to acquire KMW to strengthen its position in the electric vehicle market

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ATS Automation Tooling Systems Inc. has entered into a definitive agreement to acquire KMW Konstruktion, Maschinen- & Werkzeugbau GmbH & Co. KG and KMW GmbH, a German-based supplier of custom micro-assembly systems and test equipment solutions.

The addition of KMW’s micro-assembly technology and expertise are expected to strengthen ATS’ current offerings in the electric vehicle (EV) market.

Micro-assembly systems are critical elements in the assembly of various components used in electric vehicles, including motors, power storage systems, braking, steering, and electronic modules.

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