Where Innovation Meets Imagination
General Electric is looking to sell its digital business, according to a report in the Wall Street Journal.
The sale would include Predix, GE Digital’s industrial internet of things platform.
Predix was claimed to be the first IIoT platform when it was launched a couple of years ago, and GE Digital was said to be generating approximately $4 billion a year in revenues at some point. [Read more…] about General Electric puts Predix IIoT platform and its digital business up for sale
ABB Control Technologies, the market leader in Distributed Control Systems (DCS) for over 15 years, and Actemium, the Vinci Energies brand dedicated to industry and worldwide major player in industrial processes, signed a global agreement in June to significantly expand their existing relationship.
The purpose of this agreement is to enable customers to access best in class control and automation solutions combining the strengths from both companies: global reach, deep domain expertise, extensive product offering, market leading engineering capabilities and most importantly, a strong portfolio of industrial digital solutions.
The collaboration agreement is focused on industries with a high growth rate, usually characterised by short product cycles and quick launch times.
[Read more…] about ABB Control Technologies and Actemium sign global cooperation agreement
ABB is backing a new technology which will enable robots to pick up and handle fragile items that would be damaged if current grippers were used.
ABB Technology Ventures is ABB’s strategic venture capital investment arm. ATV finds the startup partners from which ABB can best benefit, both strategically and financially.
ABB’s partnership with Soft Robotics provides a perfect example of how proactive engagement with a startup can make all the difference when it comes to improving innovation processes. [Read more…] about ABB invests in soft robotics to transform pick and place processes
Capacity LLC, an order fulfilment, e-commerce, and electronic data interchange (EDI) company, has partnered with the robotic piece-picking experts at RightHand Robotics.
The collaboration will integrate the Massachusetts-based company’s RightPick automation system into Capacity’s fulfilment solution offering.
The robotic workcells will be integrated with existing warehouse material handling systems, such as those from Lightning Pick, and will increase the level of automation.
Mitsubishi Electric Automation will present its single source manufacturing solutions at the International Manufacturing Technology Show, being held September 10-15, 2018 at McCormick Place in Chicago.
Visitors to booth 134102 will see some of Mitsubishi Electric’s most advanced, integrated factory automation products in action, including industrial internet of things systems, the M8 CNC series control platform, FR series robots, 5-axis machining and a fully automated manufacturing (FAM) cell.
The company’s theme for this year’s show is “Running the Smartest Machines in the World”, which conveys that through a range of integrated products. [Read more…] about Mitsubishi to present its ‘single-source manufacturing’ solutions at IMTS
Whether you call them IIoT platforms or smart manufacturing platforms, large industrial companies are finding themselves competing with each other but also new companies from different markets, specifically the computer tech world
Every factory is different. It’s in a different location, makes different things, and uses different methods and systems.
However, every factory shares some aspects of its operation with every other factory.
At the base level, it obviously requires a building. That building needs to have power and other utilities supplied to it. The machinery – whether it includes robotics and automation equipment or not – these days, are more than likely connected to computing devices and the internet. [Read more…] about Smart manufacturing platforms: Industrial giants face diverse competition
The Timken Company, an engineered bearings and power transmission products firm, has reached an agreement to acquire Cone Drive, a specialist in precision drives used in diverse markets including solar, automation, aerial platforms and food and beverages.
Cone Drive sales are expected to be slightly above $100 million for the full year 2018. It is headquartered in Traverse City, Michigan, U.S., and has manufacturing operations in the United States and China. The company employs approximately 500 people.
The business produces a broad range of highly customisable precision drive products that include Cone Drive and H-Fang branded high-torque worm gears, harmonic solutions and precision slew drives.
[Read more…] about Timken to acquire precision drive company Cone Drive
Rethink Robotics has signed deals with seven new distribution partners throughout the United States, Europe and Asia-Pacific to increase the availability of its smart, collaborative robots.
The company’s Sawyer robot is a smart automation solution to address challenges such as labour shortages and improve efficiencies across industries such as plastics, packaging and co-packing, metal fabrication, electronics and the automotive supply chain.
The new partners will join Rethink’s existing suite of partners to help meet the growing demand for Sawyer in North America, Europe and Asia. Rethink Robotics’ cobot solution includes industry-leading Intera software and the Clicksmart gripper technology, which make it easy to train and deploy.
[Read more…] about Rethink Robotics signs up new distribution partners
Universal Robots is planning to showcase its new e-Series collaborative robot for the first time in the US at the IMTS industrial technology event.
The company says the new e-Series “sets a new standard for collaborative robots”, adding built-in force/torque sensing, “unrivaled” safety features, and improved precision for faster integration in a wider range of future-proofed applications.
Universal Robots is widely belived to have pioneered the collaborative robot and continues to evolve its ground-breaking, collaborative automation technology with the introduction of this new “flagship line”, the e-Series cobots. [Read more…] about IMTS: Universal Robots to showcase its new e-Series collaborative robot for first time in the US
On-demand manufacturing company Xometry is giving away a couple of 3D scanners in a competition which runs until August 15th.
To enter the competition, all you have to do is upload a 3D CAD file to Xometry’s Instant Quoting Engine.
The first prize is an EinScan-SP 3D scanner, which has a retail price of around $2,200. The second prize is an EinScan-SE 3D scanner, which retails for approximately $1,300. Third prize is a 3DConnexion SpaceMouse Wireless Kit, worth $200.
Winners will be chosen through “sweepstakes”, says the company.
Xometry recently acquired MakeTime, which has “doubled” its network capacity to more than 2,300 shops.
It also raised $25 million in additional funding to expand the overall operation.
