Market trends and business perspectives
Exotec, a warehouse robotics startup, has raised $335 million in Series D funding, and is now valued at $2 billion.
The Growth Equity business within Goldman Sachs Asset Management led the round with follow-on investments from 83North and Dell Technologies Capital.
Exotec says it will use the funds to continue to launch large-scale deployments in North America, Europe, and Asia for global brands. [Read more…] about Exotec raises $335 million in Series D funding for its warehouse robots
Seoul Robotics, a robotics perception company, has introduced what it describes as a “Level 5 Control Tower” (LV5 CTRL TWR), a mesh network of sensors and computers on infrastructure that guides vehicles autonomously rather than having to place any sensors on an individual vehicle.
This “revolutionary technology” – which is said to enable non-autonomous vehicles to be controlled autonomously – is in the final stages of testing with automaker BMW and preparing for implementation to automate last-mile fleet logistics at their manufacturing facility in Munich.
Beyond original equipment manufacturers, the system has the potential to transform operations for a wide range of business applications ranging from vehicle distribution centers to car rental companies and trucking logistics. [Read more…] about BMW partners with Seoul Robotics to launch ‘Level 5’ control tower
Finland’s Healthy Travel project, based at the Åbo Akademi University, is aiming to offer the global cruise industry a lifeline as cruise lines aim to set sail safely once again – through the use of a “coughing robot”.
In the multi-disciplinary initiative, Finnish academic researchers, cruise companies, shipyards, and subcontractors are coming together to develop and implement science-based solutions that will improve health and safety on cruise ships and in terminal buildings.
Finland’s Ambassador to the United States, Mikko Hautala, and his team are now connecting American cruise companies with their Finnish counterparts to ensure that the US cruise industry – the largest in the world – is an active participant in the recovery and future of the global cruise industry. [Read more…] about Finland university aims to solve cruise liner passenger safety issues with ‘coughing robot’
A lot of the businesses do not have in-house IT support department, which is the reason they have to get third-party services.
If you have a small business and you are not planning to hire a lot of people just for the IT Department, you can easily get help from the third party companies.
But why do you need the IT department in the first place? [Read more…] about Important reasons why your company needs a managed IT services company
Cloud computing is still a relatively new technology. Because of its comparative novelty, states are still trying to figure out how to tax transactions that occur within the cloud computing industry.
They regularly issue new policy statements, enact new legislation, and promulgate new rules regarding the taxability of cloud-based transactions, so it can be hard for the average business owner to keep up.
Modern companies that utilize cloud-based solutions must be aware of the complexity of state sales and use tax treatment. To that end, this article will offer a basic introduction to the tax treatment of the three types of cloud computing transactions. [Read more…] about Learn More About Cloud Faxing Services
Since the Covid-19 pandemic rolled through the world the way companies conduct business has changed dramatically. A shift in business makes a significant impact upon the workforce across the globe. In a positive way.
Companies that could allow their employees the luxury of working from home during the lockdowns did so. The ones that were not able to do so continued to run as best that they could, cutting back on production and payroll to allow them to stay in business.
Some of them, anyway. Thousands of businesses had to go bankrupt and close their doors because they could not follow the shift of the business world. [Read more…] about The Future of the Workplace: The Rise of the Digital Workplace
Today, implementing the use of information technology (IT) is essential to the success of any business enterprise. It involves the use of computing systems to store and share information.
Major information technology components include computer hardware, computer software, telecommunications, database, and human resources.
You can depend on your internal IT department to provide computing services. However, you can reap more benefits by outsourcing such services from a third-party firm.
Outsourcing is the process of entrusting your business IT functions to a service provider instead of working with your internal workers. Some of the benefits of outsourcing your IT services include minimized costs, improved efficiency, quick implementation of new technologies, and much more. [Read more…] about 10 Essential Services Your IT Support Company Should Cover
Every business needs to market itself in order to survive in today’s competitive market.
Therefore, it’s important that you know the ins and outs of marketing your business, or else it won’t be able to compete with other similar companies.
This blog post will give you some helpful tips on how to get started with the right marketing plan for your company so that you can thrive! [Read more…] about How to Market Your Business Properly
Shareholders in Rotor Acquisition, a publicly-traded special-purpose acquisition company, have approved what’s being described as a “business combination” – possibly meaning a merger – with Sarcos Robotics, a maker of exoskeletons.
Upon completion of the transaction, subject to the satisfaction of certain customary closing conditions, Rotor will change its name to Sarcos Technology and Robotics Corporation.
The post-closing company’s common stock and warrants are expected to commence trading on the Nasdaq under the ticker symbols “STRC” and “STRCW” respectively. [Read more…] about Sarcos Robotics ‘merges’ with Rotor Acquisition
B2B interactions can be extremely complex. To satisfy your clients, your business needs access to specific information that tells you more about the people working at the enterprise and gives you an insight into the buying habits of the company.
More specifically, during B2B interactions, you do not only need to sell your products and services to a company’s rep but also make sure that your solution addresses the company’s needs specifically. Personalization is key, and finding reliable firmographic sources can help your company thrive in the competitive business landscape. [Read more…] about Top Firmographic Data Sources and How to Leverage Them
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