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The Digital Transformation of Small Businesses

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Digital transformation in the form of technologies, marketing, and data is necessary for businesses to remain relevant in the competitive and ever-changing market.

Recently, word out there is that digital processes override traditional processes. For most small-scale businesses, digitizing their companies can seem intimidating given that most of them operate with a small budget.

When expanding internationally, it can be challenging for small businesses to hire and manage employees abroad. [Read more…] about The Digital Transformation of Small Businesses

Robotics market sees accelerated growth amid e-commerce boom

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By Steve Richmond, director of logistics systems, Jungheinrich

New use cases for robotics are being identified almost daily. The rapid growth of e-commerce, fuelled in part by necessity from Covid-19 lockdowns, has meant that for many organisations, the requirements for staff and goods is growing at a rate too fast to meet demand – the need for automation is now greater than ever.

With technology advancing rapidly, almost anything can now be automated. And with intelligent navigation and precise picking technology, even items of an odd size, shape or material can be handled by robots.

As this technology becomes increasingly more sophisticated, enabling robots to perform roles with accuracy, consistency and safety front of mind, this has also advanced the ability for robots to communicate with other robots around the facility. [Read more…] about Robotics market sees accelerated growth amid e-commerce boom

Cisco releases two new IoT sensor solutions

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Cisco has unveiled two new cloud-managed sensor solutions that the company says can help businesses simplify asset and facility monitoring across their organizations, from indoor IT closets to outdoor Operation Technology (OT) spaces at scale.

Many businesses today operate in commercial buildings with limited capacity and are supporting a growing mobile workforce. It is critical for business operators to have actionable data from their office space and assets to better manage network equipment performance and maintenance.

Remote monitoring using IoT sensors offers a list of benefits to help improve efficiencies including employee safety by preventing unnecessary site visits and equipment checks, reducing network outages and downtime and reducing costs for premature equipment failure. [Read more…] about Cisco releases two new IoT sensor solutions

Robotic and Automation News Review: ABB, Mitsubishi, Fanuc, Baidu, Nvidia and much more…

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Robotics and Automation News Review Friday 18 September 2020

This is a new, weekly column which rounds up all the most interesting news from the robotics and automation industry in the past seven days, in brief form.

This Robotics and Automation News Review is also available to view on our YouTube channel. (See video embedded below.)

Please support our website by subscribing to our YouTube channel, by sharing the stories we publish on your social media pages, and by purchasing premium subscriptions to RoboticsAndAutomationNews.com, as well as through corporate sponsorships and advertising.

[Read more…] about Robotic and Automation News Review: ABB, Mitsubishi, Fanuc, Baidu, Nvidia and much more…

Innovation in Times of Crisis: What Does the Future Hold for Automation?

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The Covid-19 pandemic isn’t letting up any time soon. Countries which have relaxed their lockdown measures following a decrease in the number of positive cases are now experiencing a resurgence in numbers of confirmed infections.

Governments are already planning to reintroduce restrictions to stop the spread of the deadly coronavirus, which has claimed the lives of over 800,000 people worldwide.

As this global crisis continues to challenge economic sustainability, the business landscape has to adapt to new methods and tools in order to stay afloat. Sure enough, this crisis has opened up new spaces for discussing genuine innovation. [Read more…] about Innovation in Times of Crisis: What Does the Future Hold for Automation?

Geek+ and Körber partner to implement autonomous mobile robots in warehouses

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Geek+, a manufacturer of autonomous mobile robots for warehouses, and Körber, a provider of global supply chain technologies and materials handling automation services, have agreed a global strategic partnership.

The two companies plan to provide businesses worldwide with autonomous mobile robots (AMRs) that can enable efficient, flexible, and smart logistics solutions.

With an already extensive portfolio of successful cases across industries and a wide variety of AI-driven robotics solutions applicable to different supply chain scenarios, Geek+ will make its technology available to Kӧrber’s global customer base. [Read more…] about Geek+ and Körber partner to implement autonomous mobile robots in warehouses

ThyssenKrupp sells its elevator business for more than $17 billion

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Giant industrial conglomerate ThyssenKrupp says it has successfully completed the sale of its elevator business, marking a further important milestone in the transformation of the company.

The transaction closed after all the responsible authorities had approved the sale to a bidding consortium led by Advent International and Cinven.

ThyssenKrupp had reached an agreement with the consortium on the purchase of the elevator business earlier this year. With the closing, the company has received the contractually agreed purchase price, which was reported to be $17.2 billion. [Read more…] about ThyssenKrupp sells its elevator business for more than $17 billion

The Robots Are Here to Stay: How Automation is Affecting Global Business

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Robots are shaking up different aspects of the modern business world. Deloitte’s 3rd Annual Robotics Survey suggested that the implementation of robotic process automation (RPA) in organisations is in the rise.

Robotic Process Automation? What Is It?

Simply known simply as RPA, it is the use of robotics systems on computers or robots to support the processing of data, and thereby, making such data processing more effective.

RPA also comes with programs that prevent the need for human hands or humans to perform rule-based tasks that are mostly repetitive. Thus, RPA also leads to very time-efficient processes. [Read more…] about The Robots Are Here to Stay: How Automation is Affecting Global Business

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