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Flexiv Robotics expands operations in Singapore

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Flexiv, a developer of general-purpose robotics solutions, is expanding its operations in Singapore, which the company describes as a “key market” because the country is “committed to adopting cutting-edge technology to enhance efficiency, reduce waste, and improve productivity”.

According to the latest International Federation of Robotics data, Singapore boasts a robot density of 730 to 770 robots per 10,000 employees making it second only to South Korea.

Despite Singapore’s relatively small manufacturing workforce, this exceptionally high ratio underscores the nation’s rapid adoption of industrial robotics and its commitment to automation. [Read more…] about Flexiv Robotics expands operations in Singapore

Cimcorp celebrates 50 years in robotic logistics automation

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Cimcorp, a pioneer in robotic handling solutions, is making its 50th anniversary, celebrating a journey defined by innovation, adaptability, and a “commitment to transforming industries worldwide”.

Since its first commercial robot sale in 1975, Cimcorp has grown into a trusted global systems integrator and market leader in logistics automation, specializing in modular, scalable solutions for the high-demand sectors of grocery retail and tire manufacturing.

Veli-Matti Hakala, CEO of Cimcorp, says: “As we celebrate 50 years of innovation, we are reminded that success comes from staying curious, embracing change, and learning from the challenges of the past. These values will guide us into the future.” [Read more…] about Cimcorp celebrates 50 years in robotic logistics automation

Collaborative robots market forecast to reach $7.2 billion by 2030

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Collaborative robots (cobots) are a versatile, cost-effective robot form factor that is demonstrating value across many industry verticals.

According to a new report from global technology intelligence firm ABI Research, revenue from cobots will increase from $970 million in 2023 to $7.2 billion by 2030, a compound annual growth rate of 28 percent. Safety, lower average selling prices, and accessibility will drive collaborative robot sales.

George Chowdhury, robotics industry analyst at ABI Research, says: “Cobots are at the forefront of the robotics revolution. They have the potential to democratize automation and bring robots into new markets, working side-by-side with human workers to unlock economic growth. [Read more…] about Collaborative robots market forecast to reach $7.2 billion by 2030

automatica trade show ‘on course for growth’ despite weak economy

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Preparations for the next automatica – one of the largest trade fairs for smart automation and robotics – are in full swing. From June 24 to 27, 2025, automatica will bring industry and research together in six exhibition halls and offer an unparalleled overview of the latest topics and innovations.

In June, the focus will be on technical solutions and exchanging ideas on digitalization and AI, sustainable production, and the future of work.

Anja Schneider, exhibition director, says: “automatica is thus addressing highly relevant issues that the industry is intensively concerned with. The high demand we are experiencing proves that we have our finger on the pulse with these topics.” [Read more…] about automatica trade show ‘on course for growth’ despite weak economy

Opinion: Exploring the correlation between robotics utilisation and economic growth

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Here at RoboticsAndAutomationNews.com, we often wonder about the relationship between a nation’s reported economic growth and its utilisation of robotics and automation systems. We have a hunch that the more automated machines a country integrates into its economy, the more growth it experiences. We can’t say we prove this hunch in this article, but we think most readers will agree that it is an important correlation that deserves some investigation.

Economic growth sounds like a concept that’s easy to understand, but we don’t think it’s as straightforward as it seems. Each nation and region has its own way of calculating what is called “economic growth”, and there are countless gears turning to drive nations’ economies forward.

Among these, automation – robotics being a sub-set of automation – has emerged as one of the most powerful engines for transforming many previously small economies into global payers. Over the past few decades, while being derided for using cheap labour to gain an advantage – which undoubtedly has happened, countries like China, Japan, and South Korea have surfed the automation wave to reach remarkable economic heights. [Read more…] about Opinion: Exploring the correlation between robotics utilisation and economic growth

Balancing Business Growth and Travel Efficiency in 2024

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Traveling has always been an important way of networking and spreading the word about your business. However, it’s also a significant expense on your company’s budget. As much as 50% goes to lodging and air transportation, and every penny can make a difference.

There are a number of ways in which you can optimize your travel costs and efficiency with modern platforms for traveling being at the very top. Depending on the size of your business, traveling can make up a significant portion of the expenses.

On the other hand, going to a certain conference or an event can boost your success in the long run. These tips will help you balance your costs and business growth potential, allowing you to improve the efficiency of your trips.

[Read more…] about Balancing Business Growth and Travel Efficiency in 2024

How Does a Laser Hair Growth Device Work: Technology Explained

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About 85% of men and 40% of women experience hair loss by age 50. This translates to millions of people dealing with thinning hair and bald patches worldwide.

In severe cases hair loss may cause total baldness and this can be very distressing. Remember the infamous Will Smith at Chris Rock slap? Yes, that’s how “emotional” hair loss can get.

Hair loss can be caused by several factors including genetics, hormonal changes, medications, stress, radiation therapy, and poor hair management among other reasons. [Read more…] about How Does a Laser Hair Growth Device Work: Technology Explained

How Technology Can Drive Retail Growth: Tools and Tips for Scaling

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The retail landscape is evolving rapidly, and businesses must adapt to keep pace with consumer demands and market trends. One of the most effective ways to achieve growth and scale efficiently is through the implementation of technology.

Modern retail businesses can no longer rely solely on traditional methods to manage their operations and customer interactions.

By leveraging advanced technologies such as inventory management systems, AI-driven analytics, and customer relationship management (CRM) tools, retailers can streamline processes, improve customer experiences, and ultimately drive growth. [Read more…] about How Technology Can Drive Retail Growth: Tools and Tips for Scaling

Dexory secures $80 million funding to drive global expansion goals

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Dexory, the leading robotics and data intelligence company, has successfully closed an $80 million Series B funding round.

The round was led by DTCP, with participation from Latitude Ventures, Wave-X and Bootstrap Europe, along with existing investors Atomico, Lakestar, Capnamic and several angels from the logistics industry. As part of this investment, DTCP’s Michael Rager joins Dexory’s board of directors.

The new funding, made up of a mix of equity and growth debt, will support an expansion of their artificial intelligence (AI) powered features across the DexoryView platform, grow its global team and accelerate the deployment of its autonomous robots with customers like GXO, Maersk, DB Schenker and beyond. [Read more…] about Dexory secures $80 million funding to drive global expansion goals

How Robotics Startups Can Leverage Digital Tools for Growth

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The robotics industry is revolutionizing the way the world works. With new technologies being introduced regularly, they play an important role in making sure that processes in various industries are improved and that existing problems will be addressed as quickly and efficiently as possible.

This has opened plenty of opportunities for robotics startups to capitalize on the need for cutting-edge technologies that they can market to the world. However, some areas where these startups might struggle in are building awareness, gaining clients, and securing funding.

It’s important for robotics companies to implement a well-executed strategy that starts with a strong online presence to overcome these hurdles. [Read more…] about How Robotics Startups Can Leverage Digital Tools for Growth