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Bosch achieves sales in the billions with Industry 4.0

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Over the past four years, Bosch has made more than 1.5 billion euros with Industry 4.0 applications. As early as 2022, Bosch wants to generate annual sales of over a billion euros with Industry 4.0.

The company is presenting the factory of the future at Hannover Messe: autonomous transport vehicles deliver components to digital workspaces, robotics solutions support workers in manufacturing, and quality inspection is performed with the help of artificial intelligence (AI).

Bosch recognised the potential of Industry 4.0 early on: the company began connecting manufacturing and logistics in 2012.

[Read more…] about Bosch achieves sales in the billions with Industry 4.0

Boston Dynamics buys Kinema Systems for its brains

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Boston Dynamics, maker of the world’s most terrifying robots (see video below for proof), has agreed to acquire Kinema Systems, a company that enables industrial robotic arms with deep learning technology to locate and move boxes on complex pallets.

Using a combination of vision sensors and deep learning software, Kinema Systems’ Pick technology works with leading commercial robotic arms to move boxes off pallets to conveyors or build stacks of boxes on pallets.

Pick enables logistics, retail, and manufacturing companies to achieve high rates of box moving with minimal setup or training for both multi-SKU and single-SKU pallets.  [Read more…] about Boston Dynamics buys Kinema Systems for its brains

5 Reasons Why Prototypes Are Important for Robotics

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No matter whether you’re a university student hoping to gain funding for your project or a robotics project manager, you need to use a prototype.

You’ve already outlined your concept, your drawings, and all of your requirements. You know exactly how to pitch your ideas, but how do you seal the deal? You guessed it: prototypes.

The reality is that it’s impossible to fully visualize a product without seeing it physically. Drawings and 3D models help fill these gaps in the imagination, but it’s still not yet existing in the physical space.  [Read more…] about 5 Reasons Why Prototypes Are Important for Robotics

Springer Nature publishes its first ‘machine-generated’ book

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Publisher says its innovative book prototype provides a “compelling machine-generated overview” of the latest research on lithium-ion batteries, automatically compiled by an algorithm developed in collaboration with the Applied Computational Linguistics Lab of Goethe University Frankfurt, Germany

Springer Nature has published its first machine-generated book in chemistry. The book prototype provides an overview of the latest research in the rapidly growing field of lithium-ion batteries.

The company says the content is “a cross-corpus auto-summarization” of a large number of current research articles in this discipline.

Serving as a structured excerpt from a huge set of papers, the innovative pipeline architecture aims at helping researchers to manage the information overload in this discipline efficiently.  [Read more…] about Springer Nature publishes its first ‘machine-generated’ book

Manufacturing and logistics: The common space between senior executives and operations managers

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By Carien Viswat, Oceaneering International

The automotive industry is most proficient in seeking manufacturing improvement through automated, efficient, and effective processes.

Automotive companies and their suppliers need to carry out lean manufacturing and assembly operations by handling a wide variety of components carefully and cost efficiently.

The deployment of automated material handling (AMH) equipment prevents damage to automotive parts, reduces the cost of unproductive labor hours by efficiently handling inventory, and maximizes storage capacity within available floor space.  [Read more…] about Manufacturing and logistics: The common space between senior executives and operations managers

Tiny modular robot arm raises almost $700,000 on crowdfunding platforms

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The makers of a tiny modular robot arm have raised almost $700,000 on crowdfunding platforms including Indiegogo.

The desktop robot is designed for tasks such as drawing, writing, laser engraving, 3D printing and picking and placing items.

Hexbot Robotics, the Philadelphia-based company behind the machine, claim it has 0.05 mm precision, and are offering the top package – Luxury Kit – for under $700.  [Read more…] about Tiny modular robot arm raises almost $700,000 on crowdfunding platforms

Techmetics launches fleet of autonomous navigation robots for service industries

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Techmetics, a robotics solutions company, has launched two new autonomous navigation robots – the Techi Butler and Techi Cart series.

Headquartered in Singapore, Techmetics says it is aiming to innovate and promote change in various service sectors such as hospitality, healthcare, casino and manufacturing.

Building on its success in Asia and Australia, Techmetics is expanding its Techi robot series which currently encompasses ten customizable robots.  [Read more…] about Techmetics launches fleet of autonomous navigation robots for service industries

Global market for robotics to reach $64 billion by 2023

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The global market for robotics continues to show impressive growth, according to a recently published BCC Research report: Robotics: Technologies and Global Markets.

In 2018, the global market for robotics was worth $38.1 billion. BCC Research estimates that this market will grow to $64.0 billion by 2023, indicating a compound annual growth rate (CAGR) of 10.9%.

The Asia-Pacific region is the largest in the robotics technologies market, accounting for 32% of the global total.

[Read more…] about Global market for robotics to reach $64 billion by 2023

Kreatize raises €4 million for digital platform for industrial components production

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Kreatize, which claims to be Germany’s first fully-automated digital platform that supports the production of industrial components for the mechanical engineering market and its manufacturing partners, has raised €4 million in its Series A round of funding only 18 months after market launch.

The main investors involved in this round are Earlybird Venture Capital and Atlantic Labs.

Kreatize primarily serves the manufacturing industry – a market that offers enormous potential for digitization, as it is still characterized by analog, manual and inefficient processes and non-transparent prices.  [Read more…] about Kreatize raises €4 million for digital platform for industrial components production

Endress+Hauser starts construction of Texas facility

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Industrial instrumentation and process automation company Endress+Hauser is investing $36 million in a new regional center on the Gulf Coast of the USA.

The company officially broke ground on earlier this month at its new site in Pearland’s lower Kirby District near Houston, Texas. Completion is projected by the end of 2020.

The new 10,000-square-meter Endress+Hauser campus will offer areas for calibration, repair and training, which will include a process training unit.  [Read more…] about Endress+Hauser starts construction of Texas facility