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Koch Industries’ OnPoint Digital and AWS collaborate to develop industrial engineering platform

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OnPoint Digital Solutions, a subsidiary of Koch Engineered Solutions, has agreed a collaboration with Amazon Web Services to co-develop an intelligent process optimization platform (IPOP).

The platform – designed to enable OnPoint’s solutions – will utilize cloud and edge digital infrastructure to provide advanced machine learning and industrial computing capabilities for OnPoint’s connected ecosystem, enabling industrial operators and their preferred partners to integrate and act upon the best available knowledge anywhere, anytime, at scale.

Manufacturers worldwide are modifying operations to address the Industry 4.0 revolution and the associated infrastructure necessary to integrate smart technologies. This unique collaboration between OnPoint and AWS will leverage and complement AWS’s generally available infrastructure services, IoT, advanced analytics and machine learning. [Read more…] about Koch Industries’ OnPoint Digital and AWS collaborate to develop industrial engineering platform

SVT Robotics’ develops SoftBot connector for RightHand Robotics

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SVT Robotics, a developer of software for industrial robotics, has designed a new SoftBot Platform connector for RightHand Robotics, a specialist in autonomous robotic picking solutions.

SVT Robotics worked with RightHand Robotics to develop the pre-built connector between SVT’s SoftBot Platform and the RightPick 3 item-handling robot system, the company’s newest generation of the RightPick product suite and the world’s first autonomous piece-picking solution designed to be integrator-friendly.

T.J. Fanning, VP of sales for SVT, says: “By connecting to the pre-built standard integrations of our SoftBot Platform, RightHand Robotics customers who adopt the RightPick 3 system can now deploy without the need for custom integration code. [Read more…] about SVT Robotics’ develops SoftBot connector for RightHand Robotics

Nvidia unveils Jetson AGX Xavier industrial module

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Chipmaker Nvidia has unveiled the Jetson AGX Xavier industrial module. The company says the new ruggedized module is engineered to bring artificial intelligence to harsh, safety-critical environments.

From factories and farms to refineries and construction sites, the world is full of places that are hot, dirty, noisy, potentially dangerous — and critical to keeping industry humming.

These places all need inspection and maintenance alongside their everyday operations, but, given safety concerns and working conditions, it’s not always best to send in humans. [Read more…] about Nvidia unveils Jetson AGX Xavier industrial module

How has Data Become the World’s Most Valuable Commodity?

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The world is packed full of tangible and valuable commodities, with oil offering a relevant case in point. In fact, global oil reserves equated to a staggering 1.7 billion barrels at the end of 2019, creating a vast marketplace that’s one of the most lucrative in the world.

However, we’re currently seeing an exponential rise in the value of intangible and digital commodities, such as cyber and data. The wider world of cyber could achieve a cumulative market value of $280 billion by 2025, while data is now considered to be the globe’s most valuable and vulnerable resource.

Of course, the level of vulnerability surrounding data continues to increase as the resource grows. But just how much data is being processed today, and where does this rank amongst the 10 most traded commodities in the world. [Read more…] about How has Data Become the World’s Most Valuable Commodity?

Predictive Modeling in Healthcare

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The healthcare industry continues to find itself in an entanglement with continuous risks.

Handling these risks implies the applicability of highly accurate predictive technologies that promise improved medical care.

Why does predictive modelling tools matter? [Read more…] about Predictive Modeling in Healthcare

A Look at the Past, Present, and Future of IT Support

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Information technology (IT) support has in past years been known as the center of all technological innovations in a company. Given that the world of business today is highly dependent on technology, the IT department has no doubt become an integral part of any organization.

Now, technology is no longer limited or solely driven by the IT department. With the emergence of cloud and mobile technologies, almost anyone in an organization has access to high-quality tech that would have been limited or at least mostly been found in the IT department.

It looks like IT support is being overtaken by the very technologies that brought them into existence. But is that what’s happening? What’s the future of IT support if there’s any to speak of? [Read more…] about A Look at the Past, Present, and Future of IT Support

Siemens expands Simcenter with AI-driven generative engineering for systems architectures

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Siemens Digital Industries Software has released Simcenter Studio software, a web application dedicated to discovering better system architectures, faster.

Simcenter Studio offers a unique competitive advantage for designing products by finding the best possible system architectures in a shorter amount of time, searching through thousands of possibilities using artificial intelligence and system simulation.

These results are automatically generated to meet the user’s design requirements and deliver specific systems architectures faster than ever before. This AI-based generation of system architectures is the latest addition to Simcenter software within Siemens‘ Xcelerator portfolio. [Read more…] about Siemens expands Simcenter with AI-driven generative engineering for systems architectures

MassRobotics publishes ‘world’s first’ open source autonomous mobile robot interoperability standards

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MassRobotics, an independent, non-profit center that serves to educate, inspire and bring robotics initiatives, investments and companies to life, has released the MassRobotics Interoperability Standard.

The new initiative enables Autonomous Mobile Robots (AMRs) from multiple vendors to integrate and work together seamlessly to support safe and efficient operations in global factories, warehouses, distribution and fulfillment centers.

Members of the working group and contributors to the newly introduced standards include Vecna Robotics, 6 River Systems, Waypoint Robotics, Locus Robotics, Seegrid, MiR, Autoguide Mobile Robots, Third Wave Automation, Open Robotics Foundation and others. [Read more…] about MassRobotics publishes ‘world’s first’ open source autonomous mobile robot interoperability standards

Tesla to launch ridesharing app, with Tesla’s Driver Insurance

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While Uber and Lyft have been dominating the ridesharing industry and revolutionizing urban mobility, they’re likely to meet a new top competitor in Tesla.

The company has had its own ridesharing app in the works for some time. Uber and Lyft are at a disadvantage, as neither of them has made a profit.

Much of this has been attributed to how they’ve relied heavily on venture capital and IPO filings to stay afloat which has put them in a bind. [Read more…] about Tesla to launch ridesharing app, with Tesla’s Driver Insurance

Measures to Safeguard Bitcoin against Quantum Hacking

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Chances are you may have heard about quantum computing or not. This is a new and more powerful computing system, which is set to change the world of technology as we know it.

The crypto community is also concerned about how they can embrace this technology and still safeguard their interests.

In the recent past, Stefan Thomas, a German trader made news when he forgot the password to his digital wallet. His wallet had 7,002 coins, which are worth more than $260 million. [Read more…] about Measures to Safeguard Bitcoin against Quantum Hacking

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