analytics

Data and RPA – How Robotics is Changing Data Analytics

There are many things out there that go into helping a business succeed. Great employees, cutting edge technology, good customer service and marketing can all take businesses to the next level.

However, something that might be even more important to companies than any of those is data.

Data plays a very large role in a variety of companies for a variety of reasons. It helps make decisions, identify trends and many other things beneficial to a business. [Read more…] about Data and RPA – How Robotics is Changing Data Analytics

Formant launches cloud platform to manage robot fleets

Formant, a San Francisco-based startup, has launched its new cloud robotics platform, which enables businesses to automatically collect and analyze robotics data.

By centralizing all application data in a single web user interface, Formant allows business teams, operators, and engineers to improve the efficacy of their robotic workforce.

Jeff Linnell, CEO of Formant.io, says: “Robots are leaving the factory and adventuring into our world. They could use some guidance. This release facilitates this journey by enabling robot fleets to thrive through human observability and assistance.” [Read more…] about Formant launches cloud platform to manage robot fleets

SICK to showcase indoor localization technology that lets you know where all your machines are at all times

SICK is unveiling indoor localization technology which lets users know where all their machines are at all times.

The sensor supplier is planning to showcase the system at the Pack Expo Las Vegas later this month.

SICK says it has taken another step toward Industry 4.0 by offering a new, comprehensive indoor localization portfolio. [Read more…] about SICK to showcase indoor localization technology that lets you know where all your machines are at all times

Christie’s auction house and Hyundai host art and artificial intelligence exhibition

Prestigious auction house Christie’s recently hosted an art exhibition with a difference – the subject of this one was the impact of artificial intelligence on all aspects of the art world.

The 2019 Art+Tech Summit: The AI Revolution brought together thought leaders, industry experts, and artists for a series of lectures and panel discussions.

Produced in conjunction with Christie’s Education and presented by Hyundai, the summit facilitated lively conversation on emerging trends and predictions facing the future of our business and provided a platform for feedback and cultivating new ideas. [Read more…] about Christie’s auction house and Hyundai host art and artificial intelligence exhibition

Automating Business Intelligence to Access Meaningful and Predictive Data

By Søren Block Olsen, director of marketing at TARGIT Business Intelligence & Analytics

According to a recent Gartner survey, 80 percent of manufacturers only measure results. They measure past performance by looking at the results in the financial statements.

Even the most diligent Lean Manufacturing Six Sigma Theory of Constraint practitioners do not know what impacted these results, or what is best done to improve going forward.

Too often manufacturing firms, even top-tier operations managers, use company analyses or reports which neglect to ask why outcomes failed. [Read more…] about Automating Business Intelligence to Access Meaningful and Predictive Data

Sick demonstrates ‘smart logistics’ system for warehouse automation

Sensors supplier Sick showcased a new “smart logistics” system at the recent ProMAT Show, one of the world’s largest material handling exhibitions.

Sick says its system demonstrates how to obtain greater efficiency throughout supply chain operations.

Sick presented its new innovations under the banner of “Logistics Gets Smart”, and says they are designed to provide “highly efficient solutions for intralogistics applications”. [Read more…] about Sick demonstrates ‘smart logistics’ system for warehouse automation

Intel showcases data-centric smart manufacturing technologies at Hannover Messe

By Christine Boles, Intel

We are well along the journey to Industry 4.0 – where analytics, artificial intelligence and the internet of things drive intelligence, decision-making, and productivity.

The transformative opportunities and market potential of Industry 4.0 are massive: It’s expected to create up to $3.7 trillion in value within global manufacturing. We are still in the early adoption stages, with only 30 percent of companies actively deploying IoT solutions at scale.

With the emergence of the industrial internet of things and AI, a new kind of cloud-connected, data-driven factory is emerging. It is not just a “smart factory,” marked by greater machine automation. [Read more…] about Intel showcases data-centric smart manufacturing technologies at Hannover Messe

Cognitive technologies and AI poised to transform all manufacturing sectors, says Frost

Partnership, collaboration, and technology investment crucial for growth opportunities, says Frost & Sullivan’s industrial automation and process control team

The Internet of Things and data analytics are transforming the manufacturing space, and data is the new currency.

Currently, human intervention is needed for logical and reasonable decision making. However, with the rise of cognitive technologies, machines will be empowered to detect constantly changing manufacturing scenarios and respond in real time with minimum human intervention.

To be successful, manufacturers need to invest in artificial intelligence technology to improve plant efficiency and productivity, and build partnerships and collaborations that drive data-driven intelligence. [Read more…] about Cognitive technologies and AI poised to transform all manufacturing sectors, says Frost

Kuka agrees deal with Beet on IoT

Kuka has agreed a deal with Beet Analytics as part of robot maker’s Industrie 4.0 strategy.

Kuka will now be able to offer Beet’s industrial IoT technology as another tool in their Industrie 4.0 eco-system and to offer Beet technology on Kuka solutions.

Ronny Chiang, president Beet analytics technology, says: “We are excited to work with Kuka, whose global industrial leadership in automation systems will further strengthen Beet’s presence in the global market. This will allow OEMs [original equipment manufacturers] to access Beet IoT solutions with a respected and established leader standing behind it.” [Read more…] about Kuka agrees deal with Beet on IoT

AI knew Trump would win

Artificial intelligence systems can predict election results better than traditional pollsters, according to a report on em360tech.com.

Artificial intelligence systems predicted a win for Donald Trump, of the Republican Party, over Hillary Clinton, of the Democrats, in the US presidential elections held yesterday.

Most traditional opinion pollsters rely on directly asking people about their voting intentions and behaviour. [Read more…] about AI knew Trump would win