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Is Robotic Process Automation Beneficial to the Telecom Sector?

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The adoption and utilization of various telecom are on the rise, primarily driven by cutting-edge computing, 5G technology, and the Internet of Things.

While the increase in demand presents perfect opportunities for telecom service providers to generate revenue, it comes with substantial challenges burdening telecom players.

With more users sending large chunks of data from different networks, service providers have realized that handling even basic functions, such as order fulfillment and customer support, is becoming increasingly challenging. [Read more…] about Is Robotic Process Automation Beneficial to the Telecom Sector?

Gideon launches autonomous case picking and process optimization solution

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Gideon, a warehouse robotics company, has launched Casey, an autonomous case picking and process optimization solution.

The new solution helps companies manage the severe labor shortages and surging e-commerce demand by automating and optimizing manual case picking. The rise of e-commerce, due to its higher labor intensity and customer expectations, is a clear signal that new automation solutions are the key to sustainable growth.

Recent forecasts – Statista data, for example, point to a 50 percent rise of e-commerce to $7.4 trillion worldwide by 2025 – add urgency. [Read more…] about Gideon launches autonomous case picking and process optimization solution

FarmWise raises $45 million to expand AI-powered farm equipment

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Farm automation startup FarmWise Labs has completed an oversubscribed $45 million Series B funding round, led by leading ag-tech venture firms Fall Line Capital and Middleland Capital, with participation from GV and Taylor Farms, a grower and processor of leafy greens and fresh vegetables.

Existing investors Calibrate Ventures, Playground Global, SVG Ventures and the venture arm of Wilbur Ellis also participated in the round. To date, FarmWise has raised $65 million in equity.

With this round, Clay Mitchell, co-founder and managing director of Fall Line Capital and a fifth-generation Iowa farmer joins the FarmWise board of directors. [Read more…] about FarmWise raises $45 million to expand AI-powered farm equipment

EV Safe Charge unveils electric vehicle charging robot

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EV Safe Charge, a provider of flexible electric vehicle charging technology, has unveiled ZiGGY, its mobile EV charging robot.

ZiGGY will bring EV charging to parking facilities, shopping and entertainment centers, hotels, fleet operators and property owners, providing cost-effective charging, overcoming the limitations of stationary EV chargers without the need for costly electrical infrastructure.

In addition, ZiGGY’s digital ad server can generate advertising revenue for the facility and display customized information. [Read more…] about EV Safe Charge unveils electric vehicle charging robot

Global spending on semiconductor fabrication equipment expected to reach record $109 billion

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Global fab equipment spending for front-end facilities is expected to increase 20 percent year-over-year to an all-time high of $109 billion in 2022, marking a third consecutive year of growth following a 42 percent surge in 2021.

This is according to industry association SEMI, which published the figure in its latest quarterly World Fab Forecast report. Fab equipment investment in 2023 is expected to remain strong.

Ajit Manocha, president and CEO of SEMI, says: “The global semiconductor equipment industry remains on track to cross the $100 billion threshold for the first time as shown in our latest update of the World Fab Forecast. [Read more…] about Global spending on semiconductor fabrication equipment expected to reach record $109 billion

Palmetto partners with ROBOjuice to automate smoothie-making

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Palmetto Superfoods, a San Francisco-based provider of acai bowl and smoothie drinks, is partnering with ROBOjuice, a fully automated kiosk to create and serve menu items in under 60 seconds.

This technology by ROBOjuice founder Nik Sakhno enables restaurant operators to serve guests faster, and at a lower price, than traditional brick-and-mortar stores, according to the companies.

Under the direction of Palmetto Superfoods CEO Charles Lee, this strategic partnership marks the superfood concept’s introduction into the advanced technology space. [Read more…] about Palmetto partners with ROBOjuice to automate smoothie-making

Continental and Octiva to develop autonomous mobile robots for agriculture

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Continental and Dutch-Belgian technology company Octiva are partnering to develop autonomous mobile robotic solutions for horticulture applications.

The agreement follows Continental’s announcement that it has started the volume production of autonomous mobile robots for intralogistics.

The new AMRs being developed with Octiva will become part of Continental’s second product line “Agriculture” in the market of autonomous mobile robots. [Read more…] about Continental and Octiva to develop autonomous mobile robots for agriculture

Grubhub and Cartken partner to bring robot delivery to college campuses

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Grubhub, an online and mobile food-ordering and delivery platform on college campuses, and Cartken, a technology startup that specializes in self-driving, AI-powered robotics and delivery operations, have formed a partnership to bring robot delivery to college campuses.

This delivery was piloted at Ohio State University this spring, and a full roll out is expected when students return to campus this fall.

Grubhub partners with more than 250 college campuses across the United States to give students the ability to integrate meal plans directly into their Grubhub account and access restaurants both on- and off-campus for delivery and pickup. [Read more…] about Grubhub and Cartken partner to bring robot delivery to college campuses

Symbotic debuts on Nasdaq under ticker ‘SYM’

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Symbotic, a developer of AI-enabled robotics automation technology, says that shares of its Class A common stock are now trading on the Nasdaq Stock Market under the ticker symbol “SYM”.

Symbotic’s trading debut comes after the completion of its business combination with SVF Investment, a special purpose acquisition company sponsored by an affiliate of SoftBank Investment Advisers. The combined company now operates as Symbotic.

Symbotic is at the forefront of an addressable market opportunity valued at over $350 billion to reinvent warehouse automation and reshape the global supply chain. [Read more…] about Symbotic debuts on Nasdaq under ticker ‘SYM’

AGCO taps mobility software experts Apex.AI for its robotic planting concept

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Apex.AI, a company developing safety-certified software for mobility and autonomous applications, says that AGCO, a worldwide manufacturer and distributor of agricultural machinery and precision agriculture technology, is adding new capabilities to its Fendt Xaver concept vehicle, an autonomous farming robot, by incorporating Apex.OS, a software development kit (SDK).

Apex.AI has enabled AGCO’s engineering team to integrate several autonomous driving components into the Fendt Xaver in a tight timeframe, including lidar object detection, collision checking and planning, using the state-of-the-art framework and developer tools that come with Apex.OS.

This technical partnership expands an existing relationship between the two companies. In December 2021, AGCO announced a strategic investment in Apex.AI. [Read more…] about AGCO taps mobility software experts Apex.AI for its robotic planting concept