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The impact of self-drive cars on the insurance industry

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When you think about it, the year 2021 sounds quite futuristic, doesn’t it?

If the film 2001: A Space Odyssey is anything to go by, we should be a further two decades of technology on from immersive interplanetary space travel by now – but unfortunately, we’ve underachieved a little on those goals.

While the sci-fi fantasists of the 1960s might be somewhat disappointed in what we currently have to offer, one mind bending technology that is making palpable and commercially viable strides forward is the self-driving car. [Read more…] about The impact of self-drive cars on the insurance industry

Hyundai to acquire controlling stake in Boston Dynamics from SoftBank

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Hyundai Motor Group and SoftBank Group have agreed on the main terms of a transaction through which Hyundai Motor Group will acquire a controlling interest in Boston Dynamics in a deal that values the world’s leading creator of creepy robots at $1.1 billion. 

The deal came as Hyundai Motor Group envisions the transformation of human life by combining world-leading robotics technologies with its mobility expertise. Financial terms were not disclosed.

Under the agreement, Hyundai Motor Group will hold an approximately 80 percent stake in Boston Dynamics and SoftBank, through one of its affiliates, will retain an approximately 20 percent stake in Boston Dynamics after the closing of the transaction. [Read more…] about Hyundai to acquire controlling stake in Boston Dynamics from SoftBank

Panasonic to apply industrial technology to solve society’s problems

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Panasonic says it aims to tackle the needs of smart societies – from healthcare to retail and logistics – with industrial technology. (See video below.)

The company says it will use its broad expertise in sensors as well as drives technology, and its technologies in industrial robots to meet the challenge.

Panasonic says its approach is based on “pragmatic solutions that work with people”, and this can be defined within three core pillars: augmented solutions, stand-alone solutions, and complete robotics automation solutions. [Read more…] about Panasonic to apply industrial technology to solve society’s problems

MIT releases three new reports related to robotics and manufacturing

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The Massachusetts Institute of Technology has released three new research briefs today from MIT professors and members of the Work of the Future Task Force focused on tech adoption in manufacturing and subsequent workforce impacts.

The briefs break down the adoption of new technologies by US manufacturers as well as the development of new transformative manufacturing technologies: additive manufacturing and industrial robotics.

Specifically, the briefs hone in on three subjects, as listed below. [Read more…] about MIT releases three new reports related to robotics and manufacturing

Industrial camera manufacturer IDS expands headquarters

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IDS Imaging Development Systems has expanded its headquarters in Obersulm-Willsbach – after a construction period of about one and a half years, the technology centre b39 could be moved into.

Jan Hartmann, managing director says: “Despite Covid 19, the work went almost without a hitch.

“We are very pleased that with the new building we can provide our employees with an ultra-modern and at the same time very attractive place to work.” [Read more…] about Industrial camera manufacturer IDS expands headquarters

What is a Bill of Materials and How Do You Manage It?

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A bill of materials is a list of materials, assemblies, parts, and quantities needed to manufacture a product. It is very important for a company to have a bill of materials set up, and especially if they have a large array of products that they offer because it can be hard to keep track of everything.

Some people refer to the BOM as the blueprint. If you look at just about any successful company that is large, they will probably have a bill of materials if they are in the manufacturing space or something that is related. [Read more…] about What is a Bill of Materials and How Do You Manage It?

Automation association CLPA celebrates 20 years

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November 2020 marks a significant milestone for the CC-Link Partner Association (CLPA), as the organization will celebrate its 20th anniversary.

Over the past two decades, the CLPA has been supporting automation vendors and end users worldwide to create converged Smart Factories by providing open network solutions that leverage the latest, most promising technologies, such as Time-Sensitive Networking (TSN).

Since its foundation, the CLPA has actively contributed to advancing manufacturing, such as supporting the current focus on Industry 4.0. [Read more…] about Automation association CLPA celebrates 20 years

IDS launches new industrial camera range

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IDS has launched a new range of industrial cameras – the uEye XLE, which the company describes as “modern, small and consistently cost-optimised”.

Particularly affordable, particularly compact and particularly powerful when the essentials matter: the new uEye XLE camera family from IDS has been specially developed for high-volume and price-sensitive projects.

Thanks to their space-saving design, practical USB3 interface and support of the USB3 Vision Standard, the industrial cameras can be easily integrated into any machine vision system. [Read more…] about IDS launches new industrial camera range

IDS establishes new research and development facility in Serbia

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IDS has established a new research and development facility in Serbia.

The industrial camera manufacturer says it is investing in new technologies and has expanded its team of experts in artificial intelligence.

Since July 2020, IDS Imaging Development Systems has been represented in Serbia with its own subsidiary.

Based in Novi Sad, Serbia’s second largest city and considered the country’s technological centre, the pure development unit is closely linked to the Faculty of Technical Sciences of the local university. [Read more…] about IDS establishes new research and development facility in Serbia

Blendid opens fourth kiosk location at Walmart in Bay Area

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​Blendid​ is opening the company’s fourth food robotics kiosk at Walmart in Fremont, California.

Bay Area–based Blendid offers an innovative, autonomous, and contactless food automation platform that leverages machine learning, robotics, and artificial intelligence to create nutrient-dense and delicious smoothies, made on-demand, and customized to meet the unique health and taste preferences of individual consumers.

Vipin Jain, CEO and co-founder of Blendid, says: “The Covid-19 pandemic has increased the focus on food safety globally. At Blendid, we’re working with many essential businesses to help integrate a solution for safe, contactless food preparation and delivery. [Read more…] about Blendid opens fourth kiosk location at Walmart in Bay Area