Where Innovation Meets Imagination
Simbe Robotics, which specializes in robotics and artificial intelligence for retail, has completed two separate funding deals.
One was a Series A equity financing round, and the other was an inventory financing agreement with SoftBank Robotics.
Simbe says the financing will allow the company to increase efficiencies in production and deployment of its Tally robot. [Read more…] about Simbe Robotics raises $26 million in Series A funding round
SICK is unveiling indoor localization technology which lets users know where all their machines are at all times.
The sensor supplier is planning to showcase the system at the Pack Expo Las Vegas later this month.
SICK says it has taken another step toward Industry 4.0 by offering a new, comprehensive indoor localization portfolio. [Read more…] about SICK to showcase indoor localization technology that lets you know where all your machines are at all times
Mercedes-Benz is making its mobile software development kit available to developers. The automotive giant says it is one of the first in its market to do so.
Mercedes-Benz says the opening of the SDK is intended to “enrich the Mercedes me offering” with additional external services to create an even better customer experience.
Merceded me is a range of online services accessible via mobile, tablet or PC. It can be used to manage maintenance and support. [Read more…] about Mercedes-Benz makes its mobile SDK available to developers
AT&T and Badger Technologies are working together to accelerate retail automation using autonomous robots with 5G wireless networking capabilities.
Badger Technologies’ robots empower retailers to improve operational efficiencies and customer experiences by identifying out-of-stock, mispriced or misplaced inventory as well as store hazards.
These advanced mobile data collection systems can fill major gaps in the collection and sharing of vital in-store data and images, but also can tax a store’s existing Wi-Fi network. [Read more…] about AT&T working with Badger Technologies to provide 5G networking for retail robots
Simultaneous Localization and Mapping (SLAM), a software-and-hardware technology which enables a mobile device to map its environment while positioning itself within it, is a crucial driver for robotics.
SLAM will enable the transition from automated guided vehicles (AGVs) to autonomous mobile robots (AMRs) in the industrial space.
According to report by global tech market advisory firm, ABI Research, the installed base of SLAM-enabled commercial and industrial robots will exceed 15 million by 2030. [Read more…] about SLAM software paving the way for new generation autonomous mobile robots
Enterprise resource planning (ERP) is a software system that utilizes a centralized database that contains all the necessary data in one location.
The data is generated from the transactions produced by every business process enabled by the ERP system. This database is shared across multiple departments to support multiple functions.
The shared information allows for easy metric reporting and faster implementations of tasks, such as orders, marketing and bookkeeping. In essence, an ERP system automates processes across departments. [Read more…] about ERP Automation Benefits and Trends
Switzerland-based Teralytics has raised $17.5 million for what is described as “the world’s first intelligent mobility operating system”.
innogy Ventures, the venture capital investment arm of innogy Innovation Hub, has invested in Teralytics as part of a $17.5 million funding round. innogy Ventures and innogy Innovation Hub are backed by innogy SE, a leading German energy company.
The round was led by Robert Bosch Venture Capital, the corporate venture capital company of the Bosch Group. Other participants included Deutsche Bahn Digital Ventures, LBBW Venture Capital and Liil Ventures, as well as existing investors Atomico and Lakestar. [Read more…] about Teralytics raises $17.5 million for ‘world’s first intelligent mobility operating system’
A colocation data centre provider is piloting ABB‘s new data centre automation cloud solution, which aims to meet challenges faced by the rapid growth of data centres.
Optimisation of data centre performance, increased tenant retention, agile communications between operations and upper management, and reduced costs are some of the benefits claimed for the new ABB offering.
With a holistic data centre approach, the solution is said to provide a detailed insight into how multiple data centres and devices are performing.
[Read more…] about ABB pilots automation solution for data centres
A US-German startup called Recogni has raised $25 million in Series A funding to make “fully-autonomous vehicles a reality”.
Until now, Recogni has been in “stealth mode” while it develops its “high-performance, low-power AI processing for autonomous vehicles”.
Recogni says it has designed a vision-oriented artificial intelligence platform for autonomous vehicles. [Read more…] about Recogni launches with $25 million to develop AI processing for autonomous vehicles
Verizon has debuted its fifth 5G-enabled device with the launch of the Inseego MiFi M1000.
When connected to Verizon’s 5G Ultra Wideband network, the device, exclusively available to Verizon customers, provides the large bandwidth and fast download speeds required for applications like 4K/8K video streaming, virtual reality and augmented reality (VR/AR), mobile workforce, industrial IoT and more.
Verizon also launched 5G Ultra Wideband mobility service in St Paul, Minnesota, joining Denver, Chicago, Minneapolis and Providence as the fifth of more than 30 Verizon 5G mobility cities Verizon plans to launch in 2019. [Read more…] about Verizon launches mobile 5G nationwide and ultra-wideband 5G in Minneapolis
