Market trends and business perspectives
Chipmaker Maxim Integrated has unveiled what it says is “the industry’s smallest light detection and ranging integrated circuits”.
The company says the ICs provide twice the bandwidth than competing ICs and are intended for faster self-driving cars.
Maxim says designers of automotive self-driving systems can now enable higher-speed autonomous driving through the industry’s fastest and smallest LiDAR ICs. [Read more…] about Maxim launches ‘industry’s smallest’ LiDAR integrated circuits
By Mike Franz, founder and creator of the WorkCenter from ManufacturingPower
Automated access to summary cost and margin information for each SKU delivers light SaaS “MRO/tail-spend” price transparency, returning a minimum 11-14 COGS (cost of goods sold) reduction to the bottom line.
Every manufacturer must pay attention to costs and competitors’ pricing. For better or worse, purchasing professionals are rewarded for capturing the lowest price; few have the time to scour the internet for ever RFQ to see if the bid offered is indeed competitive. Measuring value with price experiments is not realistic.
Full-time competitive pricing professionals could work 24/7 to generate statistically valid and accurate data. For the small and mid-sized manufacturer, the solution is to automate price comparison functionality. Until recently this was prohibitively expensive and often too complex. Automating costs and competitive prices can be achieved in a $5,000 per year SaaS solution. [Read more…] about Automation Drives COGS Reduction for Small and Mid-sized Manufacturers
by Sam Francis
Universal Robots is maintaining its top spot in the collaborative robot market, according to a report by ABI Research.
However, competitors including Doosan, Techman Robot and Precise Automation are “closing in“, says the study, Industrial Collaborative Robots Competitive Assessment.
There are well over 50 manufacturers of collaborative robots, or cobots, worldwide, but only a handful of these companies have so far deployed cobots on any meaningful level of scale. [Read more…] about Universal Robots ‘maintains top spot’ in collaborative robot market
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