Robotics & Automation News

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Acieta unveils new collaborative robotic system for welding

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Acieta has unveiled a new collaborative robotic system for welding. The company says the new “FastARC” cobot can pay back customers’ investment “in as little as six months”.

Acieta says that “everyone is struggling to hire and retain good laborers, especially those with welding skills”. But when the position is unfilled, a welding system sits idle and doesn’t make a profit.

Companies simply cannot afford to wait for the next skilled welder to walk through the door. The labor pool is dwindling and there’s fierce competition to attract those individuals. [Read more…] about Acieta unveils new collaborative robotic system for welding

Buying Bitcoin Legally in India

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Crypto has been going at a faster pace. We have seen the value-boosting by 120 per cent. The asset class seemed to have witnessed a soon setback, while the digital currency has remained very popular worldwide.

We can see many of these coins gaining global acceptance in the market. We have seen the assets going out of the world in popularity, and one can find too many more things researching the best way to bring digital currencies into the mainstream market.

Institutional adaptation is among the key reasons Bitcoin has grown exponentially aware of the same. Recently, we have seen a debut of a Bitcoin-based company called the ETF that has gone up on the NYSE.  [Read more…] about Buying Bitcoin Legally in India

Streamlining Processes and Saving Money through 3D rendering

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Manufacturing and construction companies are always seeking new ways to streamline their processes and save money.

One such method that has gained popularity in recent years is 3D rendering. It is a process of creating three-dimensional images from CAD (computer-aided design) files or other 3D models.

Three-D rendering is the process of creating a three-dimensional image from a three-dimensional model. These renderings are used in a variety of industries, including architecture, engineering, and product design. [Read more…] about Streamlining Processes and Saving Money through 3D rendering

Top 10 Recruitment Software: CV Parsing 2022

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Recruitment tools have changed the face of external recruitment. The reason they are so useful is that they help to simplify many of the basic tasks associated with a job hunt.

Perhaps you have heard of recruitment software, but you are not exactly sure what it does or how it works.

If you are still struggling to get the best software for your CV parsing needs, you have probably done your research and ended up with a few names. [Read more…] about Top 10 Recruitment Software: CV Parsing 2022

FactoryFix raises $10 million in funding

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FactoryFix, a recruiting platform that helps manufacturing companies hire skilled workers, has announced a $10 million Series A financing.

Grotech Ventures led the round with participation from Capital Midwest, Great North Ventures, Hyde Park Venture Partners, Revolution Rise of the Rest, and JFF Labs. The company has raised $16 million to date.

This funding caps off a year in which the company saw revenue grow by more than 400 percent. FactoryFix now helps hundreds of industrial companies in sectors like automotive, food and beverage, packaging, and warehousing. [Read more…] about FactoryFix raises $10 million in funding

How Internal Communications Can Fuel Business Growth

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Internal communications can be a powerful tool for businesses. Effective communication helps employees work better together while providing customer-facing workers with important information to do their jobs effectively.

To get a better understanding of why you need to polish this element of your business management cleanly, here are some tips you can check out. Taking the time to understand communications best practices may help you create a comprehensive internal communications strategy. [Read more…] about How Internal Communications Can Fuel Business Growth

Software AG helps automate OEE calculation with new app for Cumulocity IoT

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Software AG has launched an app to automate Overall Equipment Effectiveness (OEE) calculation for its Cumulocity IoT platform.

The new app will enable manufacturers of any size to collect and process key data as it’s created and quickly understand production effectiveness.

By monitoring production line availability, performance and quality, organizations can be more responsive to inefficiencies in their operations, enabling them to avert problems and capitalize on opportunities to be more effective. [Read more…] about Software AG helps automate OEE calculation with new app for Cumulocity IoT

4 Ways to Improve the Efficiency of Your Auditing Process

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There are several users of the financial statements prepared by a company.

Some of these users include the existing shareholders, potential shareholders, competitors, customers, management, employees, the government, lenders, and the general public.

All these stakeholders can be interested in a company’s financial statements to help them make wise decisions when dealing with the said company. [Read more…] about 4 Ways to Improve the Efficiency of Your Auditing Process

Top 5 Cases to Use AI in Manufacturing

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Artificial Intelligence and machine learning continue to be the greatest driving forces powering the manufacturing industry today.

Over 60% of manufacturing companies have already adopted AI technology to increase operational efficiency, reduce downtime, and deliver high-quality products that meet unique consumer demands.

According to Global AI in Manufacturing Market Trends, the market is projected to reach $16.7 billion by 2026, registering a CAGR of 57.2% during the forecast period. [Read more…] about Top 5 Cases to Use AI in Manufacturing

Plex launches new quality management system for manufacturers

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Plex Systems, a provider of cloud-delivered smart manufacturing solutions, has launched its Quality Management System (QMS) as a standalone offering.

Plex QMS helps manufacturers adhere to industry compliance, regulations, and standards such as FMEA, PPAP, SQF, and BRC to avoid costly product recalls.

Nathan Pieri, global vice president of product strategy and execution at Plex Systems, says: “Plex has offered digital quality management as in integral part of the Smart Manufacturing Platform since our inception. [Read more…] about Plex launches new quality management system for manufacturers