Market trends and business perspectives
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
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 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
Gone are the days when businesses would compare between the pros and cons of artificial intelligence implementation.
Now the use of AI services is pretty evident amongst most business processes.
We can’t think of a brand that does not utilize these smart services, from intelligent chatbots that serve consumers across digital channels to automated data analytics that recommends tailored content and products to users based on previous interests and transactions. [Read more…] about 6 Incredible Reasons Why You Should Consider AI For Your Startup Business
OnRobot has released what it describes as the “world’s most powerful” electric vacuum gripper for robot arms.
OnRobot says its new VGP20 electric vacuum gripper provides a powerful and versatile solution for challenging palletising scenarios including heavy, bulky and porous surfaces.
Large, unwieldy bags of dog food, non-airtight clothing or consumer goods packages, and bulky, porous cardboard boxes. These are just some examples of demanding packaging and palletising applications that OnRobot’s new VGP20 gripper can address. [Read more…] about OnRobot releases ‘world’s most powerful’ electric vacuum gripper for robot arms
Webinar title: Vision Guided Picking Applications
Early registration link: https://us02web.zoom.us/webinar/register/WN_VY5rD2EJRR26L_p4KYwCcg
IDS is partnering with Robotics and Automation News to bring you a new and insightful webinar about a subject that will be of interest to many people.
Robot Vision helps to automate industrial processes economically. No wonder that robotics is one of the fastest growing technologies in industrial production. Learn about the benefits of 3D vision systems like Ensenso and how it is possible to turn robots into autonomously working colleagues. [Read more…] about Webinar: Vision Guided Picking Applications
Over the past year, Grenzebach and Geodis, a global supply chain operator, have been engaged in a joint project setting up a Grenzebach Goods-to-Person solution for a large consumer electronics customer.
The Goods-to-Person solution has been installed at Geodis’ Nashville, Tennessee campus. It features Grenzebach L600 automated guided vehicles, mobile storage units and picking stations as well as software.
The project has been run as a pilot program, designed to make the jobs of Geodis teammates easier, safer and more productive. Following the success of the pilot program, Geodis is now introducing Grenzebach AGV solutions to additional clients. [Read more…] about Geodis implements Grenzebach AGV solutions for large warehouse operation
OnRobot, a global leader in robotic end-of-arm tooling, has launched a compact, single-pad version of its innovative Gecko no-mark adhesive gripper.
The new Gecko Single Pad (SP) gripper brings the previous model’s revolutionary adaptability to more varied applications with smaller payloads.
It is available in three sizes, SP1, SP3 and SP5, indicating the different grippers’ lifting capacities in kilos. [Read more…] about OnRobot unveils compact Gecko gripper for smaller jobs
Honeywell has signed a selection agreement with Middle East Airlines, the national flag-carrier airline of Lebanon, to provide cockpit technologies to support the airline’s new fleet of 19 aircraft.
The deal, which includes four of Airbus’ latest variant, the A321XLR, will see Honeywell provide its latest full avionics suite to help Middle East Airlines maximize safety and ensure regulatory compliance.
Middle East Airlines’ (MEA) purchase of Airbus aircraft includes 11 A321NEOs, four A330NEOs and four A321XLRs, the latest evolution of the successful A321NEO aircraft. [Read more…] about Honeywell equips Middle East Airlines with new cockpit tech
Vecna Robotics is teaming up with UniCarriers Americas, a manufacturer of material handling equipment and part of Mitsubishi Heavy Industries.
The two companies are collaborating on a line of autonomous material handling vehicles for warehouses, distribution centers, and manufacturing environments.
Vecna Robotics is integrating its autonomous navigation technology, learning algorithms, and workflow orchestration software into UCA vehicles turning them into autonomous mobile robots, capable of moving bulk material through dynamic warehouse environments. [Read more…] about Vecna Robotics partners with UniCarriers to launch new line of autonomous material handling solutions
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