Where Innovation Meets Imagination
Case erectors are an integral part of every business, and their role is essential in keeping your company running smoothly.
They maintain equipment running properly, reduce downtime and increase productivity in your workplace. But how can you get the most out of having a high-quality case erector? [Read more…] about Maximizing ROI: How Investing in a High-Quality Case Erector Can Benefit Your Business
By Cooper Haywood, WallStreetZen.com
Tesla, Inc. is a company that is at the forefront of the integration of robotics and automation in the automotive industry.
Founded in 2003 by a group of engineers who wanted to prove that electric cars could be better than gasoline-powered cars, Tesla has become a leader in developing and implementing advanced technologies in electric vehicles (EVs) and autonomous driving.
In recent years, Tesla has made significant strides in the EV market, revolutionizing the way we think about transportation and energy. [Read more…] about 5 Reasons Why You Should Invest in Tesla this 2023
North American robot sales in the first nine months of 2022 reached record levels, with all indications pointing to 2022 ending with the highest number of robots sold in a year for the second year in a row.
According to the Association for Advancing Automation (A3), from January to September 2022, North American companies purchased 35,804 units valued at $1.875 billion, up 24 percent for units ordered and 27 percent for revenue over the same period in 2021.
Jeff Burnstein, president of A3, says: “Ongoing labor shortages, easier-to-use robotic solutions and new industries embracing robotics, such as restaurants, retail, construction and even agriculture, have led to record units sold here in North America this year. [Read more…] about North American robot sales on track for another record year for 2022
Amazon is investing $1 billion into the industrial sector to “spur supply chain, fulfillment, and logistics innovation and further improve the customer and employee experience”.
The $1 billion venture investment program is called the Amazon Industrial Innovation Fund (AIIF).
As customers increasingly shop online and look for even faster delivery, Amazon says it is continuing to invent new ways to raise the bar on customer and employee experience while working with other companies focused on those fields. [Read more…] about Amazon launches $1 billion industrial innovation fund
Working out how much money to invest in home repairs can be difficult.
There are a lot of questions that come with it and a lot of repair route options to consider. Some repairs may be done for aesthetic reasons and some might be done out of necessity.
So if you are unsure of how much money you should be investing in home repair, here are four top ways to find out what your budget should be. [Read more…] about Top Ways to Find Out How Much Money You Should Invest in Home Repair
What is SaaS Application?
SaaS or popularly known as Software as a service, allows us to access an application via the Internet. With the help of Saas, people don’t have to go through the process of downloading any software and updating it to use any application.
Google Apps, Slack, and Dropbox are some of the examples of Saas products which we use daily. The advantage of it is that it allows people to have a lower upfront cost. This advantage makes it easier for smaller companies by allowing them to empower the suppliers.
Another advantage of a SaaS product is that it includes both compatibility and operational management. In today’s market, building a SaaS application will benefit you. The demand for it is rising with the passing day. Hence investing your money and time in building a SaaS application will never go in vain.
How to build a SaaS App?
Before investing in SaaS application development, it is vital to know how to build a SaaS app, and Aimprosoft’s article would be a perfect assistant in it! So here are some steps which you should follow while creating a SaaS app.
Start with proper planning: Before investing in any app development, it is essential to start with the right plan. Research the market and know about the target audience.
It may take a lot of time, but with proper analytics, you will be able to understand whether your niche will work or whether your plan is off the table. Planning with your team members will be better since their input can give you the idea.
While planning, you have to think about how your audience will use the SaaS application. In simpler words, your plan must include how you will convince your audience to use your application and in your app is convenient for which situation.
Pricing: This step is challenging, but you have to do it for your audience’s benefit. While pricing your application, you have to keep in mind that not having a profit margin will put you at risk. But if you overprice your application, you won’t find many customers who will use your application.
If you want to attract more customers, make sure that the price of it is affordable. Knowing about the companies which have developed similar applications and learning about their pricing will benefit you in the long run.
Start Knowing About Technologies: The market is overflowing with several technologies that can help you to build the SaaS application. But not every technology is going to benefit you. Hence it is imperative to have proper knowledge about them to be easier for you to understand, which will work in your favour.
Here are some points which should be in your mind while knowing about the technologies.
It would be best if you opted for a programming language that is emerging in the market.
You have to question yourself whether you are going to integrate the technology with several platforms. Taking the roadmap of the programming language into consideration is a must.
Hire Developers: Hiring Developers who will meet your needs can be challenging. With the development of Information Technology in the market, finding a developer won’t be a hassle. But finding the one team who will understand your plan and dedicate themselves to make it a success is what you need.
While hiring a development team, make sure that they have experience working with more than one Javascript Libraries. It would be best if you also kept in mind that skills like front-end development, server-side programming, and business development are also necessary, and your developers must have it in them.
Build a Marketing Strategy: Without a proper marketing strategy, your efforts will go in vain. Digital marketing is the best way to market your application, and you should invest in it. Marketing will increase the app’s reach, and it will make people aware of it.
You can always start marketing about it before the application’s launch by creating hype among the audience. Applications like Facebook, Twitter, Instagram, and Reddit can help you in your marketing.
While marketing your product, the primary strategy must be to get the word out and create hype about it. Hiring a marketing strategist will benefit you since they can suggest how to promote your application without investing much.
After marketing, you have to be patient enough and let it grow because no investment will give you overnight success.
ThyssenKrupp’s material handling division is to invest more than €70 million in its European warehousing and logistics network.
The company – which claims to be “the western world’s biggest materials distributor” – says automation and digitalization will “significantly boost productivity”.
ThyssenKrupp Materials Services, the distribution and service provider of the ThyssenKrupp Group, says the €70 million investment in the modernization and expansion will include a state-of-the-art logistics center and new warehouses in Germany, Poland and Hungary. [Read more…] about ThyssenKrupp to invest over €70 million in European warehouses
Warehouse robot maker 6 River Systems has raised $25 million in Series B financing.
The funding round was led by Menlo Ventures, with participation from all existing investors including Norwest Venture Partners, Eclipse Ventures and iRobot.
6RS will use the investment to enhance its first collaborative fulfillment robot, called “Chuck”. [Read more…] about 6 River Systems raises $25 million for its warehouse robots
In this part of our series of articles about investing in robotics and automation, Brian Gahsman, managing partner and chief investment officer at GBSfunds, gives his view of how new inventors can change the market and what his company, Gahsman Branton, is interested in investing in
Robotics and Automation News: More “maker” and startup companies seem able to produce robotics and automation technology. How will this affect the market?
Brian Gahsman: We are barely on the cusp of seeing the flood of startups that will enter this space. Now that the technology is at a point of cost effectiveness many who for decades were only hobbyists now have the ability to bring their creations to the market.
As that trend increases so will the rate of M&A activity which we are already seeing with companies like Kuka as well as the recent acquisition of SLM Solutions and Arcam by GE in attempt to corner the market in metal based additive 3D printing. [Read more…] about Investing in robotics: Will ‘makers’ make a difference in the established industry?
In this part of our series of articles about investing in robotics and automation, Brian Gahsman, managing partner and chief investment officer at GBSfunds, explains what type of robotics and automation enterprises his company, Gahsman Branton, is interested in investing in
Robotics and Automation News: Are you mainly looking at investing in established companies or startups?
Brian Gahsman: Actually both. There is a great number of publicly traded companies in this space with established earnings and the leaders make a solid foundation of the holdings in my strategy. That being said, even these established companies began as startups in the not so distant past.
I believe that robotics and automation in itself is currently in its infancy stage so maintaining a solid blend of micro-cap, small cap, mid-cap and large cap stocks is the only way to assure my strategy as a whole rides the same wave as the technological evolution that it is based on. [Read more…] about Investing in robotics: Established companies or startups?
