Robotics & Automation News

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Opinion: A coronavirus-induced acceleration of robotics and automation is happening in China

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By Gao Feng Advisory

A coronavirus-induced acceleration of robotics and automation appears to be taking place in China. There are a number of forces driving this catalysis in automation technologies. 

Firstly, the Chinese government and its policies are playing a central role. This will be particularly reflected in the unprecedented spending on “new infrastructure” as a response to the pandemic.

Secondly, the technologies and related-industries targeted by the government’s new infrastructure agenda are critical components. [Read more…] about Opinion: A coronavirus-induced acceleration of robotics and automation is happening in China

EU member states agree €750 billion post-pandemic recovery fund

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Member states of the European Union have agreed a €750 billion recovery fund in the wake of the coronavirus pandemic, which has all but destroyed large parts of the economy in many countries.

The agreement was reached during a four-day summit meeting in Brussels, Belgium between the leaders of the 27 member nations.

Charles Michel, chairman of the summit, called the accord “a pivotal moment for Europe”, according to a report by Reuters. [Read more…] about EU member states agree €750 billion post-pandemic recovery fund

Virtual Reality for eCommerce: Changing the Industry

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According to some researchers, an astonishing 77.24 percent of online shoppers leave their carts abandoned without completing a purchase. This is bad news for e-commerce businesses.

What’s more, with ever-changing technology, it has never been more important for brands to stay at the top of the game where online sales are concerned.

Over the years there have been many eCommerce development solutions but none quite as innovative as virtual reality. [Read more…] about Virtual Reality for eCommerce: Changing the Industry

Desperate Chinese manufacturers resorting to ‘street vendor’ tactics

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Desperate Chinese manufacturers are resorting to “street vendor” tactics in order to survive amid the economic devastation caused by the coronavirus pandemic.

In the past, street vendors were targeted by the police and Communist government and shut down wherever they were found, even if they were licensed.

The thinking was that street vendors were a blight on urban landscapes and hampered regeneration programmes. [Read more…] about Desperate Chinese manufacturers resorting to ‘street vendor’ tactics

Blue Yonder and Uber Freight partner to develop ‘dynamic pricing discovery solution’

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Blue Yonder and Uber Freight have agreed a partnership designed to help businesses build efficient and transparent global supply chains at a crucial time.

Digital transformation initiatives have accelerated over the last few months, as enterprises that ship goods embrace flexible operations to keep up with shifting demand.

Quickly recovering from supply shortages and creating a resilient business for the long term requires a well-managed, digitized supply chain, including freight transportation. [Read more…] about Blue Yonder and Uber Freight partner to develop ‘dynamic pricing discovery solution’

Manufacturing industry ‘optimistic’ about post-pandemic recovery

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More than 60 percent of professionals in the UK manufacturing industry expect the sector to recover from the coronavirus pandemic and return to business as usual by mid-2021, according to a new survey by SteelScout.

However, they highlighted issues in the wider supply chain which might impact the recovery, with almost 30 percent unable to access the materials they need and 36 percent adding that it is taking longer just to receive a “winning quote”.

One key driver behind the confidence in recovery is that 62 percent of respondents reported having orders waiting to be fulfilled once lockdown rules have eased. [Read more…] about Manufacturing industry ‘optimistic’ about post-pandemic recovery

Brain Corp raises $36 million to meet ‘growing demand for autonomous robots’

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Brain Corp, a developer of artificial intelligence systems for the robotics industry, has raised $36 million in Series D funding to “help meet the growing demand for autonomous mobile robots”.

The company says the growth is being generated by retail, healthcare, airports, education and other industries now on the front lines of the coronavirus health crisis.

The round was led by returning investor SoftBank Vision Fund 1, and includes new investors ClearBridge Investments, and Satwik Ventures, and an additional investment from Qualcomm Ventures. [Read more…] about Brain Corp raises $36 million to meet ‘growing demand for autonomous robots’

Brain Corp launches $1.6 million ‘Robot Relief’ program to support essential businesses

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Brain Corp has launched a $1.6 million “Robot Relief” program to support essential businesses.

The company says it will make its technology available to qualifying organisations that are helping in the fight against the coronavirus outbreak.

Commercial cleaning robots provide verifiable, consistent cleaning at a time when customer and employee safety has never been more important. [Read more…] about Brain Corp launches $1.6 million ‘Robot Relief’ program to support essential businesses

Fabric raises $110 million in new investment round backed by Kraft Heinz

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On-demand fulfillment services startup Fabric has raised an additional investment to its Series B round from Evolv Ventures, the investment arm of Kraft Heinz, one of the largest global food and beverage companies in the world.

Led by a team of food, startup, and venture capital veterans, Evolv Ventures is focused on strategic investments in emerging technologies across the food value chain.

Their undisclosed additional investment to the $110 million-dollar round is a resounding vote of confidence from a leading food tech investor and the iconic food company. [Read more…] about Fabric raises $110 million in new investment round backed by Kraft Heinz

BICS powers first intelligent exoskeleton with global connectivity

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BICS, a global communications enabler, is providing global internet-of-things connectivity and asset management for a pioneering exoskeleton developed by German Bionic.

The Cray X is the first connected asset from the Robot-as-a-Service (RaaS) provider and marks the first instance of a European manufacturer developing, producing and deploying smart exoskeletons for use in industrial production.

Designed to support and enhance the wearer’s movements, German Bionic’s Cray X reduces the risk of accidents and excessive strain for employees in sectors that involve repetitive but unpredictable heavy lifting. [Read more…] about BICS powers first intelligent exoskeleton with global connectivity

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