Robotics & Automation News

Market trends and business perspectives

Archives for October 29, 2020

How technology is changing the CBD Industry

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After the legalization of marijuana products, technology has played a big role in the CBD industry. It is a fact that the CBD industry is growing faster than companies can harvest the plants.

Researches by reputable financial firms show that by 2022, the CBD industry will be worth more than 22 billion dollars. Wall Street experts estimate that within a decade, the industry will be worth at least more than 75 billion dollars.

A 2018 bill played a big role in removing hemp and other marijuana-related products from the list of controlled substances. That brought about the introduction of cultivation and legal commercialization of
cannabis-related products. Here are several ways technology has influenced the CBD industry. [Read more…] about How technology is changing the CBD Industry

Amazing laser cutter projects and ideas to inspire you

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A recent survey found that over 75% of American adults have a creative hobby. For most people, having a hobby is something they view as a priority. With the right hobby, you can take your mind off of the stress of adult life.

If you are looking for a hobby to pursue, you need to consider what you are passionate about.
Investing in a laser cutter is a great idea for people who love creating works of art for friends and family members.

There are a variety of laser cutters on the market designed for hobbyists. With some time and research, you can find the right laser cutter to fit your budget and experience level. Once you find the right laser cutter, you will be ready to take on your first project. Below are some great laser cutter project ideas. [Read more…] about Amazing laser cutter projects and ideas to inspire you

Electric vehicles and their impact on the environment

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The global market for electric vehicles made significant progress during the last 10 years. According to recent figures, the quantity of light electric vehicles (or EVs as most people call it) reached over 2.2 million units in 2019-2020, which is 9 percent higher than in 2018.

However, sales still declined in the United States and China, two of the largest EV markets worldwide. Even then, the Global EV Outlook, a yearly publication showcasing the latest developments in electric mobility still consider 2019 a banner year for this industry.

As the world recovers from the Covid-19 pandemic, industry experts see a brighter future in the years to come. [Read more…] about Electric vehicles and their impact on the environment

A five-step plan towards a successful robotics startup

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At its core, a robotics business budget is a spending plan for your startup that takes into account both your income and the expenses related to its activities.

It helps you understand how big your financial power is, along with how you can keep your business out of debt and minimize any troubles along the way. The most important components of a financial budget are:

– Estimated Revenue
– Profit
– Fixed Expenses
– Flexible Expenses

However, a financial plan alone won’t help you create a profitable startup. The following five tips are designed to complement it and ultimately lead you to a prosperous and profitable journey. [Read more…] about A five-step plan towards a successful robotics startup