Robotics & Automation News

Market trends and business perspectives

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Geek+ launches new virtual booth

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Warehouse robotics company Geek+ has launched its next-gen virtual booth, saying it’s the company’s latest effort to provide customers with knowledge and access to the technologies that will allow them to make added-value decisions in a time of current global change and remote work.

In the new virtual space Geek+ will support visitors with online applications for customized solutions, a great visual experience, and easy access to product materials.

Geek+, the largest manufacturer of autonomous mobile robots, says its virtual space allows visitors to experience robotics automation in a dynamic digital environment and provides them with the tools to make informed decisions on automation, in a time of urgency. [Read more…] about Geek+ launches new virtual booth

Automation Drives COGS Reduction for Small and Mid-sized Manufacturers

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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

When Automation Works Alongside Humans

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When we talk about automation, we often imagine a future in which everything we do will be almost entirely handled by machines. Cars will drive themselves. Management decisions will be handed over to an AI. Even the creative arts might one day be taken over by robots.

But for the time being, automation isn’t quite there. And so, some compromise between machine and human worker is needed. A synergy between the two has already yielded great results – just think about an autopilot guiding a plane for the majority of a flight, and human pilot intervening only for take-off and landing.

A more commonplace example of machine-assistance comes in the form of a spell-checker on a word-processing program. And these are getting more sophisticated. Apps like Grammarly and ProWritingAid not only identify grammatical or spelling errors; they now also identify more stylistic problems, and help us to make writing clearer and more concise, even when it isn’t technically wrong. [Read more…] about When Automation Works Alongside Humans

Volkswagen to invest €1 billion in new battery cell production facility

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Volkswagen is planning to move into the battery cell manufacturing market with an investment of €1 billion in a new production facility in Europe.

The automotive giant will set up the battery cell production facility in the Lower Saxony region of its native Germany.

The company is working with the local government to choose a suitable location for the factory complex, and is likely to partner with businesses from relevant sectors.

[Read more…] about Volkswagen to invest €1 billion in new battery cell production facility

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