Where Innovation Meets Imagination
Determined not to miss out like it did on the smartphone revolution, Intel is developing 100 of its own autonomous cars.
Intel is still the largest chipmaker in the world in many sectors but in mobile computing technology, other companies have taken the lead.
But there’s not many things as mobile as a road-going vehicle, and newer versions of them need more chips than ever. [Read more…] about Intel to build fleet of 100 autonomous vehicles
One of the world’s largest investment banks, JPMorgan, is preparing to employ a robot to work in its global equities business because it’s shown itself to be more efficient than traditional methods of buying and selling, according to a report on the Financial Times website.
The artificial intelligence-based algorithm, which is called LOXM, has been tested in the US and Asia over the first quarter of this year, adds the FT.
The newspaper quotes David Fellah, of JPMorgan’s European Equity Quant Research team, as saying the work LOXM will do was previously done by humans, “but now the AI machine is able to do it on a much larger and more efficient scale”.
US President Donald Trump’s trade policies will “trigger the biggest wave of automation in history”, according to an economics expert writing on Forbes.com.
Trump has spoken out against a variety of international trade agreements to which the US had previously signed up to.
And since he became president, Trump has taken the US out of the Trans-Pacific Partnership and is discussing how to also take it out of the North American Free Trade Agreement, or Nafta. [Read more…] about ‘Trump’s trade war will trigger the biggest wave of automation in history’, says expert
Ortovox Sportartikel, a German producer of mountain safety equipment and mountainwear, has selected Centric Software to provide its product lifecycle management solution.
Centric Software is a specialist provider of PLM solutions, particularly for fashion, retail, footwear, luxury, outdoor and consumer goods companies.
Ortovox was founded in 1980 in the south of Munich and got its start making avalanche safety transceivers to help locate people in mountain rescue situations. Ortovox’s range now includes a range of apparel and climbing and ski backpacks. [Read more…] about Ortovox to implement Centric’s product lifecycle management solution
Automotive components manufacturer Fuji Kiko has chosen the Aras product lifecycle management platform to streamline its design and development process as well as manage its global operation.
Aras, a PLM specialist, adds that Fuji Kiko will use the system to manage prototype development, production management, sales, and procurement processes.
The automotive supplier went through a comprehensive process to evaluate and select a PLM system with the flexibility and upgradeability necessary to support the pace of innovation by their global product teams. [Read more…] about Fuji Kiko selects Aras product lifecycle management platform
Mobile robotics in material handling and logistics will become a $75 billion market by 2027, according to a new report, which adds that it will be more than double by 2038.
These staggering headline figures mask turbulent transformative change underneath: some technologies will rise and transform the fortunes of industries, fuelling growth rates far outpacing recent trends, whilst others will face with decay and obsolescence.
“We are at the beginning of the beginning of a transformative change, and the time to plan is now,” says the report by IDTechEx Research. [Read more…] about Market for logistics robots predicted to exceed $75 billion in 10 years
By John Murdoch, Alfacon Solutions
Lloyd Betcher, vice president of operations and services with Kuntz Electroplating (KEI), recently shared that the firm will celebrate 70 years in business next year.
A family owned and operated business since 1948, KEI boasts North America’s largest and most advanced metal finishing operation for original equipment manufacturers of steel and aluminum components.
As the first metal finisher to simultaneously achieve ISO 9002 and ISO 14001 certification, Kuntz set the industry’s benchmark for quality and service. [Read more…] about Opinion: Automation ‘engineer to order’ solution reduces rejects by almost 11 percent for electroplating company
Danlaw, a company which develops connected car and automotive electrics technologies, is now an official Siemens product lifecycle management – or automated lifecycle management – solution partner.
The company says the partnership highlights Danlaw’s commitment to providing a seamless solution between its Mx-Suite verification and validation test software and Siemens Polarion QA software with the Mx-Suite Polarion Connector.
Our customers benefit from increased quality and reduced development cycles, when developing electronic modules by centrally managing test case generation and execution with test results tied directly to requirements. [Read more…] about Danlaw partners with Siemens on product lifecycle management
Octopuz has released the latest version of its industrial robot programming and simulation software.
The company says Octopuz 1.7 is packed with new features and enhancements, including robot code importing, NC code importing, an all-new tool manager, and URP program generation for UR robots.
Octopuz has also added something called SmartPath, which provides automated methods of orientating the robot and making changes to solve conflicts. [Read more…] about Octopuz releases new version of industrial robot programming software
The global market for agricultural robots is forecast to exceed $5 billion by 2024, according to a report.
The Global Agriculture Robots Market Report, published by Variant Market Research, predicts the global market will reach $5,214 million by 2024 from $968 million in 2016 – growing at an annual rate of 23.4 per cent from 2016 to 2024.
By geography, Asia Pacific and rest of the world are expected to grow at 24.7 per cent and 24.1 per cent respectively, during the forecast period. [Read more…] about Global agriculture robots market driven by ‘high population growth and food shortages’
