Robotics & Automation News

Market trends and business perspectives

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Industrial Internet Consortium launches series of challenges

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The Industrial Internet Consortium has launched a series of “IoT Challenges” aimed at solving real problems and advancing the validation of industrial internet applications and solutions.

The current Challenges are co-organized with the Trusted IoT Alliance.

In an interview with Robotics and Automation News, Dr Richard Soley, executive director of the IIC, provides an overview and some insights into what the IIC is and what it does. (See video below.)

In these Challenges, architects and solution providers will compete to design industrial internet solutions that address high-profile, real-world problems. [Read more…] about Industrial Internet Consortium launches series of challenges

Exoskeleton market projected to grow to $6 billion

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The current robotics limelight tends to focus on the ability of new innovations to automate tasks, but a less publicized development is taking place whereby passive exoskeletons have been slowly deployed and adopted to help augment the capability of human workers.

Exoskeleton popularization through passive suits will provide a base for increased resources for powered suits, which will eventually provide significant augmentative capability to the industrial workforce.

By 2028, global Exoskeleton revenues will reach $5 billion with hundreds of thousands of active exoskeletons being deployed, according to ABI Research. The research consultancy’s findings are on its report, Exoskeletons for Industrial Use Cases.

[Read more…] about Exoskeleton market projected to grow to $6 billion