Market trends and business perspectives
With the increase in competition and advancement in restaurant technology, businesses have to automate their operations to meet the ever-changing customer demands.
Restaurant technology speeds up processes, optimizes operations, increases customer satisfaction, and provides a cost-effective way to run the organization.
Read on for six ways restaurant technology is automating and optimizing operations. [Read more…] about 6 Ways Restaurant Technology is Automating and Optimizing Operations
Locus Robotics, a maker of autonomous mobile robots for fulfillment warehouses and distribution centers, is opening its European headquarters in Amsterdam.
The new facility will support Locus’s existing EU and UK customer base and develop new opportunities within the fast-growing European warehouse fulfillment and distribution segments.
Rick Faulk, CEO of Locus Robotics, says: “Our decision to expand our presence in the European market was a logical step in our business growth strategy.
“Choosing Amsterdam gives us a central location that is ideal for serving our customer base, as well as giving us access to a vibrant and diverse talent pool to recruit from.” [Read more…] about Locus Robotics opens European headquarters in Amsterdam
Central McGowan, a supplier of gases and technology for manufacturing the upper Midwest and a Fanuc- and Lincoln-authorized integrator, has completed the acquisition of Preferred Welder Sales in Mankato, Minnesota – bringing its acquisition roster for 2021 to three.
The company acquired Metro Welding Supply in Minneapolis, Minnesota. in April and Fessler Carbonic Gas in Des Moines, Iowa in March.
According to Joe Francis, president/CEO, these acquisitions complement Central McGowan’s current business while strengthening its presence in key market areas. All three of these companies were independently operated, highly successful businesses with owners seeking to retire and wanting a way to continue what they each started. [Read more…] about Welding and automation integration company Central McGowan completes its third acquisition of the year
Seegrid, a manufacturer of autonomous mobile robots for material handling, is giving select customers early access to Seegrid Palion Lift AMR, the company’s newest AMR – and “the only autonomous lift truck with 3D perception in the industry”.
The select customers receiving first priority access to the highly anticipated Palion Lift are part of the Seegrid Technology Early-Access Program (STEP).
Participants in STEP receive a dedicated Seegrid team, gain exclusive opportunities to experience and provide feedback on new Seegrid technology, obtain insights into product roadmaps, and have the ability to impact innovative new products like the Palion Lift, an AMR that uniquely addresses major supply chain challenges. [Read more…] about Seegrid gives select customers early access to its new autonomous lift truck
Badger Technologies, a product division of Jabil and leader in retail automation, has launched a pilot program with Busy Beaver Building Centers, operator of 24 full-line home improvement centers in Pennsylvania, Ohio and West Virginia.
As part of the pilot, which is taking place at Busy Beaver’s store in Irwin, Pennsylvania, Badger Technologies multipurpose autonomous robots will monitor on-shelf product availability and verify prices for more than 30,000 stock keeping units (SKUs) while freeing highly knowledgeable sales associates to spend more time with customers.
Adam Gunnett, director of IT for Busy Beaver Building Centers, says: “Technology is a key imperative in our mission to be the favorite neighborhood home improvement center in the communities we serve. [Read more…] about Badger Technologies launches retail automation pilot program
Berkshire Grey, a provider of robotics and automation systems for supply chain processes, has launched its AI-powered Robotic Shuttle Put Wall (RSPW) solution for e-commerce order fulfillment.
The RSPW is an automated put wall that increases capacity and throughput with robotic automation, which the company says is “more important than ever”, given today’s heightened customer expectations for fast and efficient fulfillment and the parallel industry pressure of labor scarcity.
Kevin Prouty, analyst at IDC, says: “Businesses will continue to see e-commerce orders rise as global e-commerce sales expect to approach $5 trillion by the end of 2021. [Read more…] about Berkshire Grey launches ‘Robotic Shuttle Put Wall’
Locus Robotics, a provider of autonomous mobile robots for fulfillment warehouses, has secured $50 million in additional funding from existing investor Tiger Global Management.
The funds will be used to facilitate continued growth and expansion into new markets around the globe, and more effectively meet the needs of its growing customer and partner ecosystem.
Rick Faulk, CEO of Locus Robotics, says: “At a time of increasing volumes and ongoing labor shortages, this new round of funding underscores how critical flexible, scalable, intelligent robotics automation has become to the warehouse and the supply chain. [Read more…] about Locus Robotics secures $50 million in additional funding to accelerate global expansion
Ambi Robotics, a developer of AI for highly-dexterous robotics, has closed a $26 million Series A funding round. The investment is led by new investor, Tiger Global Management, and builds on participation from existing investors Bow Capital, Vertex Ventures US and The House Fund.
The new funding comes at a time of significant customer growth and expansions just five months after the company emerged from stealth.
The funding round enables Ambi Robotics to scale the team and operations to support rapid deployments of AI-powered robotic systems throughout US supply chain operations. [Read more…] about Ambi Robotics raises $26 million in Series A funding led by Tiger Global
As long as there is a growing demand for tech, hackers will always find more effective ways to steal data and wreak digital havoc.
Fortunately, we can rest easy as the cybersecurity industry harnesses new technology to prevent all forms of cybercrime. Automation will play a critical role in protecting data centers and keeping sensitive information safe.
The industry is evolving as new threats emerge. [Read more…] about How automation is helping businesses fight hackers
Connected healthcare company Hillrom says it has expanded its sales reach, customer experience and education processes by utilizing Ava Telepresence Robots at two premier product showrooms located in Irvine, California and Batesville, Indiana.
Ava Robotics is a builder of intelligent robots for the workplace.
As a provider of healthcare connected care products and services, Hillrom serves a high-profile customer base of large hospital and healthcare system executives. [Read more…] about Healthcare provider Hillrom brings in telepresence robots from Ava Robotics
