Robotics & Automation News

Market trends and business perspectives

e-commerce

Rapid growth of online orders welcomes robotics technology, says Axium

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One click. Delivered right to your door. Guaranteed overnight delivery. The messages are alluring, says Axium Solutions…

Convenience has spurred e-commerce’s growth, with more and more retailers stepping up big-time to promote their online wares.

E-commerce annual sales estimates range from $750 billion to $1.2 trillion for that huge digital partner and sometime nemesis of the bricks and mortar store.

Ever-shortening delivery times and an ever-widening range of choice have become goals on-line retailers all strive toward to attract shoppers.  [Read more…] about Rapid growth of online orders welcomes robotics technology, says Axium

Locus Robotics raises $8m funding for logistics robot solution

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Technology veteran Rick Faulk joins Locus Robotics as new funding raised to accelerate growth and development 

US-based e-commerce fulfillment robotics company Locus Robotics has hired Rick Faulk to serve as the company’s chief executive officer.

The company is heading towards production and sales of its solutions and has appointed Faulk to lead it in this next stage of growth and development.

Locus also says it has raised $8 million in Series A funding. The round was led by additional funding from seed investors. The new capital will be used to expand product development and go-to-market initiatives.  [Read more…] about Locus Robotics raises $8m funding for logistics robot solution

Mainiway showcases IoT platform for highly customizable manufacturing

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mainiway

Mainiway has demonstrated an industrial internet of things platform aimed at the manufacturing sector which will enable consumers to customise what is manufactured.

The company showcased its service at Hannover Messe 2016. The consumer to manfacturing (C2M) platform was taken through the process of customizing a gift.

The audience booked a gift on a tablet and logged in a customized E-commerce interface. After the order was complete, the audience was able to trace the whole process under backend big data center precisely – accepting direction, analyzing optimal manufacturing route, estimating timeline, choosing materials and arranging intelligent scheduling.  [Read more…] about Mainiway showcases IoT platform for highly customizable manufacturing