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industry

How Automation is Transforming Data Reporting in Industry

October 10, 2024 by Mark Allinson

Automation is shaking up data reporting across industries. You now get insights faster and more accurately, thanks to real-time analytics and smart tools. Errors from manual input? Mostly history.

With AI-driven software, businesses see a boost in decision-making efficiency while staying compliant with ease. Think about how automated systems fit into your digital transformation strategy.

Interested in discovering the latest advancements and strategies for leveraging these tools? Stick around for an exploration of their transformative potential, complete with practical advice you can apply right away. [Read more…] about How Automation is Transforming Data Reporting in Industry

Filed Under: Automation Tagged With: ai, automation, data, digital, industry, reporting, transformation

Sonair raises $6.8 million to develop ‘breakthrough’ 3D ultrasonic sensor

October 8, 2024 by Mark Allinson

Sonair has closed a new funding round, led by Skyfall Ventures, to “propel the robotics industry into a new era of sensing technology”.

The investment introduces a completely new category of sensors that will transform a mobile robot’s spatial awareness from 2D to 3D, offering a significantly improved safety performance over traditional vision systems while cutting costs by 50-80 percent.

The company’s Early Access Program now counts AMR manufacturers, automakers, and distributors from across the world. [Read more…] about Sonair raises $6.8 million to develop ‘breakthrough’ 3D ultrasonic sensor

Filed Under: Components, News Tagged With: develop, industry, robotics, sensing, sensor, sonair, technology, ultrasonic

Global semiconductor industry to ‘invest $400 billion on 300mm fab equipment in next three years’

October 2, 2024 by Mark Allinson

Global spending on 300mm fab equipment is expected to reach a record $400 billion from 2025 to 2027, says industry association SEMI in its quarterly 300mm Fab Outlook Report to 2027 report.

The robust spending is being driven by the regionalization of semiconductor fabs and the increasing demand for artificial intelligence (AI) chips used in data centers and edge devices.

Worldwide, 300mm fab equipment spending is projected to grow by 4 percent to $99.3 billion in 2024, and further increase by 24 percent to $123.2 billion in 2025, surpassing the $100 billion level for the first time.

[Read more…] about Global semiconductor industry to ‘invest $400 billion on 300mm fab equipment in next three years’

Filed Under: Manufacturing, News Tagged With: equipment, fab, fabrication, industry, invest, semiconductor

Key Steps to Launching a Secure and Scalable Neobank

September 30, 2024 by Mark Allinson

Neobanks are quickly becoming a revolutionary force in the financial industry as they provide the same services as conventional banks but wholly online.

Their accessibility, digital and technological qualities, and customer/network-centric solutions have, therefore, made them a popular choice among users.

As Statista has indicated, the global neobanking market is expected to hit $2.80 trillion in transaction value by 2028. It’s no wonder why more entrepreneurs are wondering about developing a neobank from scratch. [Read more…] about Key Steps to Launching a Secure and Scalable Neobank

Filed Under: Business Tagged With: financial, industry, key, neobank, neobanks, scalable, secure, steps

Inaugural humanoid robot industry event reflects ‘tremendous amount of interest’

September 26, 2024 by Mark Allinson

The Humanoid Robot Forum, the first event focused exclusively on this growing robotics category, has released its agenda with experts poised to outline the latest advancements, strategies and applications in manufacturing, logistics and daily life.

The forum is being organised by the Association for Advancing Automation, or A3, one of the world’s leading robotics and automation industries associations.

Speakers at this inaugural event, held October 7 in Memphis, Tennessee, will include Melonee Wise of Agility, Jeff Cardenas of Apptronik, Adrian Stoch of GXO, Huan Tan of UBTECH, Brendan Schulman of Boston Dynamics and Aaron Prather of ASTM International along with other visionaries from Collaborative Robotics, HaptX, NEURA Robotics, Persona AI, Reflex Robotics, Stokes Educational Services, Synapticon and WiBotics. [Read more…] about Inaugural humanoid robot industry event reflects ‘tremendous amount of interest’

Filed Under: Humanoids, News Tagged With: a3, association for advancing automation, event, forum, humanoid, inaugural, industry

From Pickups to Flatbeds: All you Need to Know

September 17, 2024 by Mark Allinson

In recent years, the construction and transportation industries have witnessed a surge in demand for durable and innovative vehicles capable of meeting the challenges of diverse sectors.

Among the most sought-after are pickup and flatbed trucks, which have carved out a significant place in the global automotive landscape.

With a reputation for reliability and toughness, these vehicles have become indispensable assets in industries ranging from agriculture to construction.

Their superior engineering ensures that businesses can rely on them to power operations and achieve success in various demanding environments.

The Power of the Pickup

It’s no surprise that pickup trucks have earned a global reputation for quality and reliability. Across multiple sectors, they have established themselves as essential tools for businesses.

In the construction industry, for instance, pickups are frequently used to transport tools, materials, and equipment to and from job sites.

They are particularly well-suited for navigating rough terrains, making them a common sight in urban development projects, especially in rapidly growing cities like Dubai.

Similarly, in agriculture, pickups play a vital role. Their durability and impressive load capacity make them perfect for transporting produce, livestock feed, and farming equipment between fields and markets.

The ability to carry heavy loads over varying terrains adds immense value to agricultural operations, helping farmers meet their logistics needs efficiently.

In the utilities sector, pickups are indispensable to maintenance crews who need to reach remote locations quickly.

For example, energy companies often rely on these trucks to access and repair power lines in rugged, off-road environments, ensuring essential services are maintained without interruption.

The versatility of these vehicles makes them a key component in any fleet, regardless of the industry.

The Modern Flatbed Truck: Expanding on Capabilities

While pickups are known for their versatility, flatbed trucks bring an added dimension of power and capability to vehicle fleets. Flatbed trucks are specifically designed to handle larger, heavier items that can’t be accommodated in a pickup’s cargo bed.

They are particularly useful in industries requiring the transport of oversized materials, such as construction, agriculture, and utilities.

In the construction sector, flatbed trucks are often used to transport heavy machinery, steel beams, and other oversized materials essential for large-scale projects.

Unlike pickups, which are ideal for smaller loads, flatbeds can accommodate substantial cargo, making them ideal for moving equipment that might be awkwardly shaped or difficult to handle.

In agriculture, flatbeds are used to move large quantities of produce, hay bales, and livestock.

Their open design allows for easy loading and unloading, providing greater flexibility when handling bulk items. This reduces the number of trips needed, improving overall efficiency for farmers.

Similarly, in the utilities sector, flatbed trucks are essential for carrying large equipment such as generators, transformers, or long sections of piping.

Their sturdy construction ensures that even the heaviest loads can be transported safely and efficiently, making them a critical asset for utility companies.

The Synergy Between Pickups and Flatbeds

For businesses operating in demanding environments, it makes sense to invest in a fleet that includes both pickups and flatbed trucks.

These two vehicle types complement each other perfectly, offering unique strengths that provide a significant competitive advantage.

While pickups excel at quick trips with smaller loads and navigating tight, hard-to-reach areas, flatbed trucks offer the muscle needed to transport larger, heavier items over longer distances.

The combination of pickups and flatbeds in a fleet enables businesses to handle a wide range of tasks without compromising on efficiency or productivity.

Whether you need to transport small tools or heavy machinery, having access to both types of vehicles ensures that your business remains agile and adaptable to the challenges it faces.

Conclusion

Choosing the right vehicle for the job is a crucial step for businesses in industries where efficiency and reliability are key to success. Both pickups and flatbed trucks provide the durability and versatility required to meet these demands head-on.

By incorporating both truck vehicles into your fleet, your business gains the flexibility to tackle any challenge, from transporting light loads to hauling heavy machinery.

With robust engineering and proven performance, these vehicles set the standard for quality and reliability.

Investing in the right mix of pickups and flatbed trucks ensures that your business is well-equipped to succeed, regardless of the task at hand.

Filed Under: Construction Tagged With: construction, flatbeds, industry, pickups, transportation, trucks

How robots are transforming the construction industry

September 9, 2024 by Mark Allinson

Discover how robots are revolutionizing the construction industry by enhancing efficiency, safety, and precision. Article contributed by Cyngn

In 2022, the global construction robotics market was valued at $168.2 million and is expected to reach an impressive $774.6 million by 2032.

[Read more…] about How robots are transforming the construction industry

Filed Under: Construction, Features Tagged With: ai, articulated, automation, BIM, bricklaying, collaborative, construction, cyngn, drones, humanoid, industry, information, labor, laborer, machine, mining, modeling, offsite, prefabrication, robotics, robots, shortages, teleoperated, vehicles

Digital Transformation in the Construction Industry: Leveraging Technology for Business Growth

September 8, 2024 by Mark Allinson

The construction industry has traditionally been slow to adopt new technologies, relying heavily on manual processes and paper-based systems. However, the landscape is changing rapidly as companies realize the immense benefits of digital transformation.

From improving efficiency to driving business growth, the integration of modern technology into construction processes is reshaping the industry.

Central to this transformation is the use of construction management software, a tool that is revolutionizing how projects are planned, executed, and managed. [Read more…] about Digital Transformation in the Construction Industry: Leveraging Technology for Business Growth

Filed Under: Construction Tagged With: business, construction, digital, industry, technology

Global semiconductor manufacturing industry ‘strengthens’ in second quarter

August 27, 2024 by David Edwards

The global semiconductor manufacturing industry in the second quarter of 2024 continued to show signs of improvement with significant growth of IC sales, stabilizing capital expenditure, and an increase in installed wafer fab capacity, according to industry association SEMI. 

The organization revealed its findings in its Q2 2024 publication of the Semiconductor Manufacturing Monitor (SMM) Report, prepared in partnership with TechInsights.

While slower recovery in some end markets impacted the pace of growth in the first half of the year, the surge in demand for AI chips and high bandwidth memory (HBM) created strong tailwinds driving industry expansion.

Seasonality and weaker than expected consumer demand impacted electronics sales in the first half of 2024 resulting in a 0.8 percent decrease year-over-year (YoY). Starting Q3 2024, electronics sales are forecast to see a rebound, growing 4 percent YoY and 9 percent relative to Q2 2024.

[Read more…] about Global semiconductor manufacturing industry ‘strengthens’ in second quarter

Filed Under: Manufacturing, News Tagged With: industry, manufacturing, semi, semiconductor, techinsights

Autonomous buses: Challenges and opportunities in 2024

August 19, 2024 by David Edwards

By Shihao Fu, technology analyst at IDTechEx

Autonomous buses represent one of the most challenging platforms in the autonomous driving industry. In recent years, commercial interest has shifted towards roboshuttles and robotaxis, partly due to the complex operational design domains (ODD) of autonomous buses.

The typical ODD for a bus requires interactions with a broad range of road users, including more pedestrians, cyclists, bus stops, passengers, and surrounding vehicles.

The larger size of these buses, coupled with their intricate ODD, presents challenges similar to those faced by roboshuttles.

[Read more…] about Autonomous buses: Challenges and opportunities in 2024

Filed Under: Autonomous Vehicles, Features Tagged With: autonomous, bus, buses, challenges, idtechex, industry, opportunities

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