Robotics & Automation News

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insights

Teralytics raises $17.5 million for ‘world’s first intelligent mobility operating system’

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Switzerland-based Teralytics has raised $17.5 million for what is described as “the world’s first intelligent mobility operating system”.

innogy Ventures, the venture capital investment arm of innogy Innovation Hub, has invested in Teralytics as part of a $17.5 million funding round. innogy Ventures and innogy Innovation Hub are backed by innogy SE, a leading German energy company.

The round was led by Robert Bosch Venture Capital, the corporate venture capital company of the Bosch Group. Other participants included Deutsche Bahn Digital Ventures, LBBW Venture Capital and Liil Ventures, as well as existing investors Atomico and Lakestar. [Read more…] about Teralytics raises $17.5 million for ‘world’s first intelligent mobility operating system’

Hitachi Vantara launches Lumada Video Insights for ‘smart spaces’

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Hitachi Vantara has launched Lumada Video Insights to enable the development of what it calls “smart spaces”.

Vantara, which is a subsidiary of Hitachi, says Lumada Video Insights is an end-to-end, intelligent and adaptable suite of applications that delivers operational safety and business intelligence using the internet of things, video, artificial intelligence, and analytics.

Lumada Video Insights complements and extends Hitachi’s Lumada platform and services ecosystem with expanded AI, computer vision, advanced analytics, data integration, and orchestration capabilities to help enterprise and industrial customers accelerate their IoT, initiatives and cultivate their own smart spaces and ecosystems.

[Read more…] about Hitachi Vantara launches Lumada Video Insights for ‘smart spaces’

Exoskeleton market projected to grow to $6 billion

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The current robotics limelight tends to focus on the ability of new innovations to automate tasks, but a less publicized development is taking place whereby passive exoskeletons have been slowly deployed and adopted to help augment the capability of human workers.

Exoskeleton popularization through passive suits will provide a base for increased resources for powered suits, which will eventually provide significant augmentative capability to the industrial workforce.

By 2028, global Exoskeleton revenues will reach $5 billion with hundreds of thousands of active exoskeletons being deployed, according to ABI Research. The research consultancy’s findings are on its report, Exoskeletons for Industrial Use Cases.

[Read more…] about Exoskeleton market projected to grow to $6 billion

Elisa and NVision partner to provide IIoT and AI for manufacturers

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Elisa and NVision Czech Republic have launched a reseller and customer agreement to bring actionable, real-time insights to customers in manufacturing and industrial process businesses based on Elisa’s Smart Factory solution.

The solution automates customer data collection and integration, creates a 3D visualization of the factory and detects failures and bottlenecks in production.

Kari Terho, general manager, Elisa Smart Factory, says: “We are taking the complex process of messy industrial data into rich insights and visualizing it in a compelling, easy-to-understand way for factory management, production supervisors and operators. [Read more…] about Elisa and NVision partner to provide IIoT and AI for manufacturers

Robotiq’s Insights software updated to give remote access to the robot cell

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Robotiq has launched Remote Access on its Insights monitoring software to bring technical support to the next level for Universal Robots.

Application experts can now access the teach pendant and video streams from the robot cell. They get all the live information needed to troubleshoot the application and (re)start production faster.

Robotiq CEO Samuel Bouchard said: “Remote Access is a precious ally to operators who are new to collaborative robots.

[Read more…] about Robotiq’s Insights software updated to give remote access to the robot cell

ABB and IBM form industrial artificial intelligence partnership

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ABB and IBM have formed a strategic collaboration that brings together ABB’s industrial digital offering, ABB Ability, with IBM Watson Internet of Things cognitive capabilities to “unlock new value for customers in utilities, industry, transport and infrastructure”, according to the two supersized tech companies. 

Customers will be provided access to ABB’s domain knowledge and portfolio of digital solutions combined with IBM’s expertise in artificial intelligence and machine learning as well as different industry verticals.

The first two joint industry solutions powered by ABB Ability and Watson will bring real-time cognitive insights to the factory floor and smart grids.  [Read more…] about ABB and IBM form industrial artificial intelligence partnership

Making sense of big data: Graph technology and machine learning

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Machine learning and graph technology

Jonathan Wilkins, marketing director at EU Automation, looks at how graph technology and machine learning can be used to make sense of big data in the manufacturing industry

The theory of six degrees of separation, first proposed in 1929, suggested that every individual in the world was connected to anyone else in no more than five links. 

Today, social networking tools and graph technology can accurately map and extract valuable insights from the relationships between various entities in a network. 

Networks can also be analysed by machine learning, a technique in which a computer can adapt its own algorithms.  [Read more…] about Making sense of big data: Graph technology and machine learning

IBM and Wimbledon to serve up new AI-driven insights to enhance tennis fans’ entertainment

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The Wimbledon Championships 2014 The All England Lawn Tennis & Croquet Club Wimbledon Picture by:Thomas Lovelock/AELTC
Roger Federer at Wimbledon. Picture by:Thomas Lovelock/AELTC

New IBM innovations to help The Championships, Wimbledon serve insights to fans worldwide  

IBM and The All England Lawn Tennis Club (AELTC), unveiled new technologies for The Championships 2016, marking the next phase in the AELTC’s award-winning digital transformation. 

IBM, which is the official supplier of information technology to Wimbledon, will be using all its artificial intelligence wizardry to keep tennis fans entertained and informed.

New for 2016 is an Apple TV app for Wimbledon developed by IBM Interactive Experience that will enable fans to engage with Wimbledon in the comfort of their own homes. Users will be able to browse real-time scores, watch the Live @ Wimbledon studio show, listen to three live radio channels, and delve through all of Wimbledon’s video and photo content, bringing the 2016 Wimbledon experience into their homes in the truest sense. 

New Wimbledon smartphone apps for iOS and Android, responsive to all screen sizes, will provide multi-content personalized feeds for fans at home and on the move. The new apps also provide an enhanced experience for visitors onsite at Wimbledon, including personalized messaging, and the opportunity to create their own Wimbledon Story, allowing fans to capture and share their unforgettable Wimbledon experiences with the global community.  [Read more…] about IBM and Wimbledon to serve up new AI-driven insights to enhance tennis fans’ entertainment

Watson gets a job in management consulting with KPMG

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ibm

KPMG and IBM have signed a deal to apply IBM’s Watson cognitive computing technology to KPMG’s management consultancy services.

The agreement, including a focus on auditing services, builds on several recent KPMG initiatives that the companies say demonstrate the promise of cognitive technologies in transforming the firm’s ability to deliver innovative and enhanced business services.

“The cognitive era has arrived,” said Lynne Doughtie, KPMG chairman and CEO. “KPMG’s use of IBM Watson technology will help advance our team’s ability to analyze and act on the core financial and operational data so central to the health of organizations and the capital markets.

“In addition to the unprecedented possibilities for enhancing quality, the potential for cognitive and related technologies to help us pursue new business offerings is extraordinary.”   [Read more…] about Watson gets a job in management consulting with KPMG