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Increasing last mile delivery security and intelligence

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The biggest issue facing logistics firms, as identified by Barclays, is delivering goods when recipients are not present, with over 63 percent of carriers stating this as a concern

The last mile plays a pivotal role in the supply chain, as recent research indicates that the last mile accounts for approximately 28 percent of the total cost of delivery.

Industry challenge

Consumer pressures concerning time to delivery and overall experience have forced logistics firms to invest in new innovative solutions to manage their delivery operations, in particular to improve operational efficiency in the last mile.

Southco has been working with the postal and delivery industry to help achieve these goals by improving critical areas of delivery solution performance, including security and operating costs. [Read more…] about Increasing last mile delivery security and intelligence

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

Comau launches new industrial robot

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Comau is expanding its product portfolio with the new N-220-2.7 (N-220), a 220 kg payload robot featuring a modular set up, direct kinematics, absolute calibration, and enhanced algorithms.

These characteristics deliver significant ease of use, straightforward integration, and faster post-installation maintenance while ensuring precision, flexibility, repeatability, and minimum backlash.

Manufactured via a fully automated production line directly in its Turin, Italy Innovation Center of Advanced Robotics, Comau’s increased generation robot offers new levels of quality and supply chain flexibility in addition to cost-effective operation, as required by today’s high-growth market segments. [Read more…] about Comau launches new industrial robot

Global semiconductor manufacturing equipment sales surge 44 percent to record $103 billion

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Worldwide sales of semiconductor manufacturing equipment in 2021 surged 44 percent to an all-time record of $102.6 billion from $71.2 billion in 2020, SEMI, the industry association representing the global electronics product design and manufacturing supply chain, reported.

The data is now available in SEMI’s Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report.

China claimed the largest market for semiconductor equipment for the second time with sales expanding 58 percent to $29.6 billion to mark the fourth consecutive year of growth. [Read more…] about Global semiconductor manufacturing equipment sales surge 44 percent to record $103 billion

7 Robotics Trends to Watch for in 2022

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There was a 10 percent global increase in industrial robot usage to over 3 million units in operation in 2020, caused by the pandemic.

At the same time, there was an overall 12 percent market increase for service robots to $6.7 billion with the market for cleaning robots increased by 92 percent.

Since the pandemic is still there as well as there are new global factors, such as the war in Ukraine, we wonder if these trends will continue in 2022. [Read more…] about 7 Robotics Trends to Watch for in 2022

Spending on semiconductor fabrication equipment expected to reach record $107 billion in 2022

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Global fab equipment spending for front-end facilities is expected to jump 18 percent year-over-year to an all-time high of $107 billion in 2022, marking a third consecutive year of growth following a 42 percent surge in 2021, according to a report by industry association SEMI.

Ajit Manocha, president and CEO of SEMI, says: “Crossing the $100 billion mark in spending on global fab equipment for the first time is a historic ​milestone for the semiconductor industry.

“This ​significant achievement is a tribute to the relentless drive to add and upgrade capacity to address a diverse range of markets and emerging applications, solidifying expectations for long-term industry growth to enable electronics for the digital world.” [Read more…] about Spending on semiconductor fabrication equipment expected to reach record $107 billion in 2022

How Industry 4.0 is Changing the Employment Market

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We’re now in the middle of a significant transformation in the way we produce things, thanks to Industry 4.0, the digitisation of manufacturing.

Also called “smart manufacturing”, Industry 4.0 refers to the digital transformation of manufacturing practices, leading to real-time decision making, flexibility, enhanced productivity, and agility.

The employment market has been adopting new technologies, including Industry 4.0. With smart technologies becoming more mainstream, it’s worth considering the impact of these technologies on society and the workforce. [Read more…] about How Industry 4.0 is Changing the Employment Market

Interview with Stäubli Robotics boss: ‘We plan to double our manufacturing output by 2025’

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One year on from his appointment as executive president of the robotics division at Stäubli, Christophe Coulongeat provides some insights into how things are going at one of the world’s largest and oldest industrial automation providers. Interview was conducted by Alexander Michie of Noba International – Executive Search. 

Question: You have been executive president of the robotics division at Stäubli for just over a year, what have been the main highlights since you started in the role?

Christophe Coulongeat: It was an exceptional year in many ways: I was happy to recruit and build up our robotics global management team, and we got the opportunity to finally meet altogether in person. [Read more…] about Interview with Stäubli Robotics boss: ‘We plan to double our manufacturing output by 2025’

Baker-Polito Administration awards Harvard and Boston universities $3 million for assistive robotics research

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The Baker-Polito Administration, or the Massachusetts state government, has awarded a new grant award of $3,057,320 to Harvard University and Boston University to support the development of next-generation robotics and wearable technologies.

Researchers aim to improve the lives of people with neuro-motor impairments and to help individuals achieve ambitious fitness goals, driving innovation in a new category of rehabilitation, diagnostic, and assistive devices that are more lightweight, affordable, and connected.

Led by Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS), the project involves a collaboration with Boston University College of Health & Rehabilitation Sciences: Sargent College, as well as with industry partners that are poised to bring innovations to market. [Read more…] about Baker-Polito Administration awards Harvard and Boston universities $3 million for assistive robotics research

Caterpillar claims ‘world’s largest’ number of autonomous trucks

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Industrial vehicles manufacturer Caterpillar claims it now has the largest number of autonomous trucks in operation anywhere in the world.

The company calls it “a significant milestone”, adding that it has “long been recognized as the industry leader” in autonomous vehicle implementation.

Caterpillar says the achievement is “exciting” not only for the mining industry, but also its customer base as it looks to expand its autonomous technology offerings into quarry and aggregates and construction industries’ product lines with competitive offerings. [Read more…] about Caterpillar claims ‘world’s largest’ number of autonomous trucks