Robotics & Automation News

Market trends and business perspectives

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How 3D Rendering Services are Transforming and Progressing Industries

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A 3D rendering service can take your designs and turn them into 3D renders. This may not seem impressive when can probably render your own 3D models on your computer.

However, if your model has many intricate parts, if it is highly detailed, or even if it is a model with many layers and features, it can take quite a while for your computer to create the model.

This is especially true if there is lots of detail on the model and lots of calculations that need to be done. Added to which, your company may require several thousand renders take place per day. If this is the case, then hiring an outside company to do your 3D rendering is downright essential. [Read more…] about How 3D Rendering Services are Transforming and Progressing Industries

Biggest FinTech Trends of 2022

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The pandemic and fast technology development made their impact on many traditional businesses, including the financial services industry.

Nowadays, companies need to come to terms with new realities and increased customer requests.

Meanwhile, a new generation of tech-driven startups keeps making breakthroughs, changing the rules of the game forever. [Read more…] about Biggest FinTech Trends of 2022

Global agriculture robot market expected to quadruple in size by 2026

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The global market for agriculture robots is expected to quadruple in size by 2026, according to a report by Research Dive.

The agriculture robot market size was $4,082.8 million in 2018, and is expected to reach $16,640.4 million by 2026, and will grow at a compound annual growth rate of 19.2 percent.

North America region generated a revenue of $ 1,469.8 million in 2018, and is expected to grow at a CAGR of 18.9 percent. [Read more…] about Global agriculture robot market expected to quadruple in size by 2026

Coronavirus pandemic causing grocers to invest in robotics, says report

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The coronavirus pandemic is causing grocers to invest more in robotics, according to a study published by the Retail Analytics Council ahead of the Retail Robotics and AI Conference.

The RAC retail robotics research report, Emerging Trends in Retail Robotics, says the Covid-19 outbreak gives grocers an additional reason to use robots in retail – “to assist with customer and employee safety”.

However, the industry was already expanding its use of robots, notes the RAC in its report. [Read more…] about Coronavirus pandemic causing grocers to invest in robotics, says report

Robotic toymaker Anki to close down

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Anki, a startup company which made robotic toy cars and trucks, is planning to close its doors, according to a report on the Recode website.

The company had raised more than $200 million in funding for the venture, and generated $100 million in revenue in 2017, but is now making all of its 200 employees redundant.

In a statement to Recode, the company says that it had been left “without significant funding” which meant it could not finance its hardware and software development plans going forward.

[Read more…] about Robotic toymaker Anki to close down