Robotics & Automation News

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disruption

American Manufacturers ‘ready to help’ cope with disruption caused by coronavirus

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American Manufacturers say they are “ready to help” cope with the disruption caused by the coronavirus pandemic.

CEOs of companies facing global supply chain challenges can find local solutions with US suppliers, declared five American manufacturing trade associations in an open letter to CEOs.

US trade associations representing more than 3,500 companies in industries that employ more than 475,000 Americans have made the pledge to support the industry. [Read more…] about American Manufacturers ‘ready to help’ cope with disruption caused by coronavirus

Opinion: Radical rethink of automotive R&D investment required in 2020

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Continued disruption, restructuring and re-shaping of the automotive industry will be required to make increasing levels of R&D affordable whilst simultaneously representing a major growth opportunity in the year ahead, according to engineering consultancy Horiba Mira.

The proliferation of electrification and connected and autonomous vehicle (CAV) technologies will continue to be amongst the top automotive trends in 2020 which will continue to push up the already soaring costs of research and development.

Indeed, latest figures show European auto manufacturers spent a record £33.3 billion on R&D – 35 per cent more than the £24.6 billion spent in 2014/15. [Read more…] about Opinion: Radical rethink of automotive R&D investment required in 2020

Automotive manufacturers need digital transformation to survive disruption

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Automotive manufacturers need to accelerate digital transformation initiatives in order to survive disruption, according to analysis by GlobalData.

From automation and seamless connectivity to personalization, digital technologies are putting the automotive industry in a state of disruptive transition.

Against this backdrop, auto manufacturers need to explore new digital solutions across the value chain to conceive new models and survive in the rapidly transforming industry, says GlobalData, a data and analytics company. [Read more…] about Automotive manufacturers need digital transformation to survive disruption

Opinion: Disruption should bring passion into minds of investors

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By Deblieck Tommy, Managing Director / Partner, Zora Robotics

It is absolutely stunning to see how being disruptive makes you barely bankable.

When you become an entrepreneur, you’re first convinced that difference is an asset, that heading for a direction that no one follows is one of the keys. You with me? [Read more…] about Opinion: Disruption should bring passion into minds of investors

World Economic Forum warns of ‘widespread disruption’ to business by robots

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US Secretary of State John Kerry, delivering the keynote speech at the World Economic Forum
US Secretary of State John Kerry, delivering the keynote speech at the World Economic Forum

You know we’re in a lot of trouble when the World Economic Forum sees fit to issue a dire warning about the future of global employment, forecasting that more than 5 million people will lose their jobs across 15 developed economies by 2020 as a direct result of robotics and automation technology.

It’s difficult to say whether WEF is being conservative in its estimate, but since it is considered the mouthpiece of the leaders of the world economy, it’s in its interests to try and calm people’s anxieties over the issue.

In its report, The Future of Jobs, WEF says: “The Fourth Industrial Revolution, which includes developments in previously disjointed fields such as artificial intelligence and machine-learning, robotics, nanotechnology, 3-D printing, and genetics and biotechnology, will cause widespread disruption not only to business models but also to labour markets over the next five years, with enormous change predicted in the skill sets needed to thrive in the new landscape.”  [Read more…] about World Economic Forum warns of ‘widespread disruption’ to business by robots