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Technology is Making it Easier Than Ever to Become an Entrepreneur

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In recent years, the tech industry has not only become more and more powerful but also more and more accessible to would-be entrepreneurs.

With almost everything you need to start a business now available via the internet, it’s easier than ever to turn your great idea into an even greater reality without spending much of your own money.

So if you are in the process of starting your first business and researching tips on company formation made easy, you want to spend some time reading about technology too. [Read more…] about Technology is Making it Easier Than Ever to Become an Entrepreneur

5 Ways Automation is Transforming the Shipping and Logistics Industry

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Shipping and logistics play a critical role in the growth of the economy. That’s true since all economic activities depend on the existence and efficiency of shipping and logistics. Therefore, no country can enhance its national income without the input of the shipping and logistics sector.

That said, shipping and logistics is the process in which products are delivered to businesses and consumers. And while it sounds simple, the process can be complex and time-consuming, especially when utilizing manual techniques. For that reason, firms in the shipping and logistics industries are leveraging the power of technology to streamline their operations.

One of the ways they achieve integration technology is through automation. It refers to the use of software to complete tasks and minimize human intervention. And for more information about automation in the shipping and logistics industry, you can visit Truckstop.com or any other similar platform. [Read more…] about 5 Ways Automation is Transforming the Shipping and Logistics Industry

Acieta unveils new collaborative robotic system for welding

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Acieta has unveiled a new collaborative robotic system for welding. The company says the new “FastARC” cobot can pay back customers’ investment “in as little as six months”.

Acieta says that “everyone is struggling to hire and retain good laborers, especially those with welding skills”. But when the position is unfilled, a welding system sits idle and doesn’t make a profit.

Companies simply cannot afford to wait for the next skilled welder to walk through the door. The labor pool is dwindling and there’s fierce competition to attract those individuals. [Read more…] about Acieta unveils new collaborative robotic system for welding

Kuka receives ‘record orders’ in first six months of year

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Kuka, one of the world’s largest manufacturers of industrial robots, says it has achieved “record orders” in the first six months of 2022.

At €2,545.4 million, the value of Kuka Group’s orders received in the first half of the year was 34.8 percent higher than in the previous year, and sales revenues increased by 13.5 percent to around €1.7 billion.

In addition, Kuka improved earnings before interest and taxes (EBIT) to €48.6 million (H1/21: €33.8 million). The EBIT margin increased to 2.8 percent in the first half-year 2022. [Read more…] about Kuka receives ‘record orders’ in first six months of year

Simbe Robotics partners with Fast Radius to build new Tally robot

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Fast Radius, a cloud manufacturing and digital supply chain company, is partnering with Simbe Robotics to manufacture components critical to the function and aesthetics of Simbe’s inventory robot, Tally 3.

Simbe says it has “reimagined the possibilities of automation” to create new efficiencies in retail stores and selected Fast Radius’ Cloud Manufacturing Platform because of its ability to bypass current supply chain disruptions through flexible production.

This results in faster time to market versus traditional manufacturing processes and helps the business scale. [Read more…] about Simbe Robotics partners with Fast Radius to build new Tally robot

Massive growth predicted for robotic last-mile delivery

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Worldwide robotic last-mile delivery revenues are forecasted to grow from $70 million in 2022 to $670 million in 2030.

This is according to new research from global technology intelligence firm ABI Research.

Furthermore, the value of those parcels delivered by autonomous mobile robots could reach $3.3 billion by 2030. [Read more…] about Massive growth predicted for robotic last-mile delivery

Gideon launches autonomous case picking and process optimization solution

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Gideon, a warehouse robotics company, has launched Casey, an autonomous case picking and process optimization solution.

The new solution helps companies manage the severe labor shortages and surging e-commerce demand by automating and optimizing manual case picking. The rise of e-commerce, due to its higher labor intensity and customer expectations, is a clear signal that new automation solutions are the key to sustainable growth.

Recent forecasts – Statista data, for example, point to a 50 percent rise of e-commerce to $7.4 trillion worldwide by 2025 – add urgency. [Read more…] about Gideon launches autonomous case picking and process optimization solution

FarmWise raises $45 million to expand AI-powered farm equipment

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Farm automation startup FarmWise Labs has completed an oversubscribed $45 million Series B funding round, led by leading ag-tech venture firms Fall Line Capital and Middleland Capital, with participation from GV and Taylor Farms, a grower and processor of leafy greens and fresh vegetables.

Existing investors Calibrate Ventures, Playground Global, SVG Ventures and the venture arm of Wilbur Ellis also participated in the round. To date, FarmWise has raised $65 million in equity.

With this round, Clay Mitchell, co-founder and managing director of Fall Line Capital and a fifth-generation Iowa farmer joins the FarmWise board of directors. [Read more…] about FarmWise raises $45 million to expand AI-powered farm equipment

How to Land a Robot-Proof Job

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What do burger flippers, call center workers, and many car wash workers have in common?

Over the past decade, a vast majority of their jobs have been taken over by robots. In fact, the more repetitive, routine, and simple a task is, the more susceptible that job is to takeover by an automated device.

Whether you call a machine that makes fast-food items on order at a rapid pace a robot or an automated food preparation device doesn’t matter. [Read more…] about How to Land a Robot-Proof Job

Hydroplane highlights its hydrogen fuel cell powerplant development

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Los Angeles-based Hydroplane is participating in the 2022 European Business Aviation Convention & Exhibition (EBACE2022) May 23-25, 2022, where it will showcase its work toward a modular hydrogen fuel cell powerplant for aviation and mobile energy storage.

Hydroplane’s large 9m x 9m booth is located in EBACE’s Innovation Zone in the company of the most pioneering future aviation technologies.

Hydroplane CEO Dr Anita Sengupta will also participate in EBACE’s Newsmakers Luncheon on May 23 from 12 to 1.30 pm. She is serving on the “Sustainability – A Flight Plan for the Future” panel, which highlights visionaries making inroads in tomorrow’s sustainable aviation fuels and offsetting solutions. [Read more…] about Hydroplane highlights its hydrogen fuel cell powerplant development