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A Quick Guide to Financial Process Automation with Machine Learning

October 14, 2022 by Mark Allinson

By Yevhen Krasnokutsky, AI/ML Solution Architect at MobiDev

Fintech startups are flourishing since our lives shifted to an online format. Statista reveals that as of November 2021, there were 10,755 startups in the Americas alone.

This number is still growing in 2022, and that’s why traditional financial companies encounter difficulties trying to withstand competition and remain effective. By adopting machine learning solutions, such companies can optimize main business processes and foster customer loyalty.

So, in this article, we’re going to lift the curtain on machine learning (ML) approaches that enable process automation. [Read more…] about A Quick Guide to Financial Process Automation with Machine Learning

Filed Under: Technology Tagged With: ai, business, companies, customer, data, document, experience, financial, fraud, learning, machine, onboarding, process, support

Ferrari calls in Comau to help with robotics learning centre

October 8, 2022 by Mark Allinson

Industral robotics company Comau says it has developed the “advanced technologies and training solutions” for the educational project e.DO Learning Center, promoted by Ferrari with its ongoing support of an area in Italy.

The Center opened last week in the Istituto Istruzione Superiore (IIS) “Fermo Corni” of Modena (Italy), an Institute of Higher Education and a Secondary School.

The initiative, which highlights the increasing importance of bringing robotics from the factory to an increasing number of new sectors, provides students with a unique learning environment that is both fun and engaging. It is also an important tool to teach skills that can be used for future jobs. [Read more…] about Ferrari calls in Comau to help with robotics learning centre

Filed Under: Industrial robots, News Tagged With: academy, center, comau, e.do, educational, experience, ferrari, future, help, initiative, innovative, learning, materials, modena, robot, robotics, skills, solutions, stem, students, technologies, training, work

AMD partners with eCarX to develop advanced car technologies

September 2, 2022 by Mark Allinson

AMD has agreed a strategic collaboration with eCarX, a mobility technology startup. The companies will work together on an in-vehicle computing platform for next-generation electric vehicles, expected to be in mass production for global rollout in late 2023.

The eCarX digital cockpit will be the first in-vehicle platform to be offered with AMD Ryzen Embedded V2000 processors and AMD Radeon RX 6000 Series GPUs along with eCarX hardware and software.

Combining the extensive experience in automotive digital cockpit design of eCarX with AMD advanced computing power and stunning visual graphic rendering capabilities, the companies aim to deliver an innovative in-car experience. [Read more…] about AMD partners with eCarX to develop advanced car technologies

Filed Under: Computing, News Tagged With: advanced, amd, automotive, car, cockpit, companies, computing, digital, ecarx, embedded, ev, experience, global, gpu, intelligent, market, next-generation, power, radeon, seek, semiconductor, series, work

Lenovo unveils foldable tablet computer

September 2, 2022 by Mark Allinson

Lenovo has unveiled a foldable tablet computer, the likes of which have so far only been seen in science fiction.

Lenovo says its next-generation ThinkPad X1 Fold “redefines the foldable PC category” that the company claims to have created in 2020.

The new ThinkPad X1 Fold is designed to offer full PC performance with a larger screen area, while maintaining the ultra-portability that the original ground-breaking device offered. [Read more…] about Lenovo unveils foldable tablet computer

Filed Under: Design, News Tagged With: company, customer, delivers, design, device, display, experience, fold, foldable, inch, intel, larger, lenovo, next-gen, pc, percent, performance, primary, tablet, thinkpad, thinner, user

Lyft and Motional unveil driverless robotaxi in Vegas

August 24, 2022 by Mark Allinson

Lyft and Motional have partnered to launch Motional’s new all-electric IONIQ 5-based robotaxi, an autonomous vehicle designed for fully driverless ride-hail operation, on the Lyft network in Las Vegas.

The launch is the next milestone in the lead-up to Motional and Lyft’s fully driverless service, planning to begin in 2023 and scaling to multiple US cities.

This marks the first time members of the public will experience Motional’s all-electric IONIQ 5 AV, which is the first all-electric autonomous vehicle to debut on the Lyft network. [Read more…] about Lyft and Motional unveil driverless robotaxi in Vegas

Filed Under: Autonomous Vehicles, News Tagged With: autonomous, av, driverless, experience, fully, ioniq, las, launch, lyft, motional, riders, service, vegas

Hexagon and ESAB to help manufacturers ‘optimise robotic welding processes’

July 27, 2022 by David Edwards

Hexagon’s manufacturing intelligence division has signed a partnership agreement with ESAB, a fabrication specialist, to create a “streamlined welding solution” combining Hexagon’s simulation software with ESAB’s InduSuite solutions to help fabricators perform more efficient and successful welding operations.

Hexagon’s simulation intelligence, embedded within ESAB’s software and automation portfolio, will ensure that users have the tools required to “consistently manufacture high-quality products without costly trial and error”, according to the companies.

Producing successful welds can be challenging without the benefit of many years’ shop-floor experience and, even with an extensive welding experience, can incur high costs from waste and time. [Read more…] about Hexagon and ESAB to help manufacturers ‘optimise robotic welding processes’

Filed Under: Design, News Tagged With: better, confidence, decisions, ensure, ensuring, esab, experience, fabrication, fabricators, hexagon, joint, manufacturers, manufacturing, perform, process, processes, products, quality, simulation, software, solutions, welding, welds

‘First-of-its-kind’ $50 million fund launches for early-stage robotics, automation, and AI companies

July 26, 2022 by David Edwards

Cybernetix Ventures, an independent venture capital firm investing in early-stage robotics, automation and AI technology companies, today announced the launch of its first global fund headquartered in Boston, Massachusetts.

Cybernetix Fund I will focus on pre-seed, seed and Series A investments into companies in the US and around the world developing robotics solutions for manufacturing, logistics, construction, and healthcare verticals.

The fund will also invest in key robotics-enabling software companies in AI/machine learning, cloud robotics, cybersecurity, autonomy and sensors/edge computing. [Read more…] about ‘First-of-its-kind’ $50 million fund launches for early-stage robotics, automation, and AI companies

Filed Under: Business, Features Tagged With: ceo, companies, cybernetix, experience, fund, robotics

How 3D Printing is Revolutionizing Dentistry

July 14, 2022 by David Edwards

It is only fair to say that dentistry has evolved since it was introduced. Incorporating technology fuels this evolution into branches of medical sciences like dentistry.

We know technology and the application of science towards making life easier. Thus, incorporating technology into dentistry has made life in this field more accessible and faster while pushing the field to evolve constantly.

The change that technology brings to a field does not stop as it always looks for ways to optimize the previous solutions it has proffered to develop a better and more effective solution. [Read more…] about How 3D Printing is Revolutionizing Dentistry

Filed Under: Health Tagged With: accurate, dental, dentist, dentistry, dentists, experience, faster, field, health, image, methods, oral, patient, printing, products, services, technology, time, traditional

Sweden’s largest pharmacy chain partners with GreyOrange to increase warehouse automation

July 9, 2022 by Mai Tao

Apotek Hjärtat, Sweden’s largest pharmacy chain, has signed a new partnership with GreyOrange to develop automation solutions for its new 20,000 square meter e-commerce warehouse that will open in September in Norrköping.

Through the partnership, Apotek Hjärtat will take the next step in automating its logistics. The warehouse that supplies pharmacies with goods is already largely automated, but the new collaboration gives Apotek Hjärtat the conditions to continue to improve customer experience through faster and smoother deliveries.

Eric Lundberg, CEO of Apotek Hjärtat, says: “Through the collaboration, we continue to automate our logistics flows and thereby lay the foundation for the next generation of e-commerce offering. [Read more…] about Sweden’s largest pharmacy chain partners with GreyOrange to increase warehouse automation

Filed Under: Logistics, News Tagged With: apotek, automation, ceo, collaboration, companies, company, conditions, continue, customer, experience, global, greyorange, hjärtat, largest, logistics, solution, sweden, technology, warehouse

Universal Robots launches all-new 20 kg industrial collaborative robot

June 22, 2022 by David Edwards

Universal Robots, the Danish manufacturer of collaborative robots (cobots), is to add a new 20 kg cobot to its product range.

Called the UR20, the cobot boasts an all-new design based on Universal Robots’ experience in highly refined engineering and is the latest addition to the company’s strong portfolio of cobots.

The UR20 is the best demonstration yet of Universal Robots’ unrivalled innovation in the cobot space, featuring an entirely new joint design that will allow for even faster cycle times as well as the ability to handle heavier loads. [Read more…] about Universal Robots launches all-new 20 kg industrial collaborative robot

Filed Under: Industrial robots, News Tagged With: ability, allow, automation, cobot, cobots, company, customer, cycle, design, experience, faster, handle, heavier, innovative, latest, robots, space, times, universal, ur, user

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Latest news

  • Manufacturing future: the best countries to start or relocate your tech startup in 2026
  • How JLCMC is Redefining Industrial Automation Solutions for Modern Factories
  • 8 Red Flags to Watch for When Hiring a Web Design Agency
  • Opinion: Why robot dogs are leading the pack in factory floor efficiency
  • ABB Robotics completes Visual SLAM AMR range with autonomous forklift launch
  • A3’s Automate 2026 breaks records as demand for robotics, AI and automation grows
  • How to Build a Strong Insurance Strategy for Large Construction Firms
  • ExRobotics launches UL-certified inspection robot for hazardous industrial sites in North America
  • HelloFresh expands chilled warehouse capacity fivefold with Locus Robotics automation
  • RLWRLD launches open platform to benchmark dexterous robotic hands

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