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annual

Universal Robots reports record annual revenue of $326 million

January 29, 2023 by Mark Allinson Leave a Comment

Universal Robots, the Danish collaborative robot company, has reported Q4 revenue of $85 million, bringing 2022 annual revenue to $326 million, up 5 percent on 2021.

On a constant currency basis, growth over the year was 12 percent.

Kim Andreasen, Universal Robots’ chief financial officer, says: “We are proud to have continued to grow our business despite facing a difficult macroeconomic environment in 2022. [Read more…] about Universal Robots reports record annual revenue of $326 million

Filed Under: Industrial robots, News Tagged With: annual, automation, change, company, demand, despite, global, grow, growing, growth, kim, percent, revenue, robots, universal, year

Worldwide installations of automated guided vehicles at seaports to exceed 150,000

June 19, 2022 by Mark Allinson Leave a Comment

Seaports globally have increased their automation solutions or kickstarted automation initiatives to mitigate port congestion.

Equipment like gantries, automated port gates, stacking cranes, and horizontal transport solutions, such as automated guided vehicles (AGVs) that transport containers and loads to and from ships, have been the most productivity-enhancing solutions in seaports.

According to ABI Research, a global technology intelligence firm, worldwide AGV deployments in seaports will have a compound annual growth rate of over 26 percent from 2022 to 2027 and exceed 150,000 global deployments by 2027. [Read more…] about Worldwide installations of automated guided vehicles at seaports to exceed 150,000

Filed Under: Features, Logistics Tagged With: abi, agvs, annual, authorities, automated, automation, compound, data, deployments, global, networks, operations, percent, port, ports, private, rate, seaports, sensors, solutions, streamlined, telco, vehicles, worldwide

Intralogistics market forecast to grow at 15 percent a year

March 15, 2021 by David Edwards Leave a Comment

The global intralogistics market is expected to surge at a compound annual growth rate of 15.5 percent from 2020 to 2030, according to FactMR.com., which would provide more opportunities for automated guided vehicle and autonomous mobile robot suppliers. 

The market burgeoned at a spritely rate of 14.3 percent over the last five years owing to transcendent demand for increased productivity and efficiency across industries, globally.

Moreover, commencement of industry 4.0 has comprehensively compelled industry verticals to go digital with their supply chain networks. [Read more…] about Intralogistics market forecast to grow at 15 percent a year

Filed Under: Features, Logistics Tagged With: acquisitions, annual, chain, compound, digital, e-commerce, forecast, group, growth, industries, industry, intralogistics, key, manufacturing, market, percent, projected, rate, software, solutions, supply, toyota

Top 20 programmable logic controller manufacturers

July 15, 2020 by Sam Francis Leave a Comment

siemens industrial automation image

Sometimes described as “the workhorse of industrial automation”, a programmable logic controller, or PLC, is a computing device that is specially designed for use in an industrial operation.

A PLC can take many shapes and sizes, but in most instances it does not look like a conventional desktop computer like the ones you find in offices or in homes – a PLC has no display screen, no hard drive, and no keyboard.

PLCs started out in the automotive manufacturing trade, although they can now be found in almost all sectors, where they tend to replace relays.

Relays are devices that essentially turn machines on and off, and are said to be time-consuming and complex to use compared to PLCs. Relays also require more operational downtime when they need to be reconfigured. PLCs are estimated by one research company to reduce downtime from 20 percent to about 4 percent. [Read more…] about Top 20 programmable logic controller manufacturers

Filed Under: Computing, Features Tagged With: annual, automation, billion, cap, company, electric, employs, industrial, industrial computer, industrial computing device, market, people, plc, plcs, programmable logic controller, programmable logic controllers, range, revenues, sector

Plus Automation wins its first robotics-as-a-service contract

December 10, 2019 by Mai Tao Leave a Comment

Logistics and supply chain technology startup Plus Automation has won its first robotics-as-a-service contract with Jun Co, a Japanese company with diversified interests including fashion, food and fitness products. 

The company was jointly established in June 2019 and is 60 per cent owned by Mitsui, a Japanese conglomerate, and GLP Japan, said to be the largest Japanese logistics company but also has real estate and other interests.

The contract between Plus and Jun consists of a standard annual subscription together with the option to add robots when cargo volumes increase, making it “a highly convenient service package”, says Plus. [Read more…] about Plus Automation wins its first robotics-as-a-service contract

Filed Under: Logistics, News Tagged With: annual, automation, cent, company, contract, including, increase, interests, japan, japanese, jun, logistics, mitsui, products, RaaS, robotics, robotics as a service, robots, service, t-sort, volumes

B&R showcases technology for mass customisation

October 4, 2019 by Sam Francis

Industrial automation company B&R has been showcasing its technology for mass customisation, or “batch of one”.

The company exhibited its SuperTrak process at the metal industry event EMO, held recently in Germany.

B&R says the metal industry is not immune to the global trend away from bulk annual orders toward small-batch customer orders with short lead times. [Read more…] about B&R showcases technology for mass customisation

Filed Under: Manufacturing, News Tagged With: annual, b&r, batch, booth, bulk, changeover, company, controlled, customisation, easily, emo, flexible, independently, industry, lead, manufacturing, mass, metal, orders, production, short, shuttles, small, supertrak, system, systems, technology, times, track, transport

Škoda opens new $200 million paint shop featuring 66 robots

September 5, 2019 by David Edwards

Škoda Auto has opened a new automotive paint shop at its main plant in Mladá Boleslav, in the Czech Republic, featuring 66 industrial robots configured for applying the paint.

Up to 168,000 car bodies will be coated with paint there each year, taking the plant’s total annual painting capacity up to 812,000 vehicles.

Škoda Auto has invested €214.5 million in the new building, creating more than 650 new jobs. (See infographic below.) [Read more…] about Škoda opens new $200 million paint shop featuring 66 robots

Filed Under: Industrial robots, News Tagged With: allows, annual, auto, bodies, boleslav, capacity, car, employees, ergonomic, europe, featuring, increase, innovative, jobs, kind, main, making, mladá, numerous, opening, paint, plant, production, robots, shop, škoda, steps, technologies, total, vehicles, workstations

Mitsubishi Electric launches new lift and escalator company in Laos

July 16, 2019 by Anna

Mitsubishi Electric Corporation has established MELCO Elevator Lao Sole Co., Ltd. (MLAO) to accelerate its lift and escalator business growth in the highly promising Mekong regional market.

The new company, which was established by Mitsubishi Elevator (Thailand) Co., Ltd. (MET), a Mitsubishi Electric subsidiary, began operations on July 1, 2019.

The new company is expected to strengthen Mitsubishi Electric’s sales of lifts and escalators as well as related provision of high-quality maintenance services.

[Read more…] about Mitsubishi Electric launches new lift and escalator company in Laos

Filed Under: News Tagged With: annual, company, electric, elevator, elevators, escalator, escalators, escalotors, fiscal, growth, laos, lift, lifts, march, market, met, mitsubishi, mitsubishi electric, units, year

Obama to leave the future of the US in the hands of robots

June 13, 2016 by David Edwards

obama

obama kuka robot

President Barack Obama says robots can help the US grow its economy by leading to higher total factor productivity (TFP) in the future. 

The president made his remarks in his annual economic report to the Houses of Congress. Extracts from President Obama’s report:

“One area of innovation that can help the United States to boost TFP growth in the future is robotics.  [Read more…] about Obama to leave the future of the US in the hands of robots

Filed Under: News Tagged With: annual, automation, autonomy, barack, gdp, innovation, labor, obama, president, process, robotics, robots

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Overused words

ai applications automated automation automotive autonomous business china companies company control customers data design development digital electric global industrial industry logistics machine manufacturing market mobile operations platform process production robot robotic robotics robots safety software solution solutions system systems technologies technology time vehicle vehicles warehouse

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Latest news

  • Aerones demonstrates ‘first’ robot for wind turbine maintenance and repair
  • Electric Future: Two-wheels good, four wheels not so much
  • Electric Future: Battery production facilities bloom on both sides of the Atlantic
  • Electric Future: MIT showcases electric autonomous boat technology
  • Electric Future: Siemens providing software platform to support nascent electric airplane market
  • Electric Future: Stalled car revolution
  • Scythe Robotics secures $42 million new financing to accelerate production of zero-emissions autonomous mower
  • Mining robotics company Nabors acquires digital twin developer MindMesh
  • Lockheed Martin Ventures invests in on-demand manufacturing startup Machina Labs
  • Unlocking the Benefits of Static Residential Proxies for the AI revolution

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