Robotics & Automation News

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Industrial robot costs to drop by half in the next three years

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Karthee Madasamy, founder and managing partner at MFV Partners

According to ARK Invest research, industrial robot costs will drop by 50-60 percent by 2025. This dramatic drop in costs, combined with other factors such as the global pandemic’s acceleration of industries embracing automation, has resulted in a situation where interest in robotics has reached a fever pitch.

In fact, in the first year of the pandemic venture firms poured $6.3 billion into robotics companies, up nearly 50 percent from the $4.3 billion they invested over the same period a year earlier.

Further, in North America, industrial robot sales had their strongest year ever in 2021. With this activity it’s not surprising that the global market is forecasted to reach $31 billion by 2028. [Read more…] about Industrial robot costs to drop by half in the next three years

7 Ways Technology Can Help Your Business

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Technology can be a great asset to any business as long as it is used in the right way. As a business owner, you need to make decisions about which types of tech, which programs and apps, you can use most effectively to make your business more efficient and streamlined.

The best use of technology will make everyone’s jobs much easier, reduce cost, and increase profits wherever possible. They should also benefit the customer wherever they can. With this in mind, the following technologies are excellent ways to help your business grow. [Read more…] about 7 Ways Technology Can Help Your Business

The Impact of Automation on the Job Market

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As more and more processes become automated, it can seem like a threat to traditional employment. However, that’s not necessarily the case, and automation can actually improve worker safety, create better jobs, and generally advance society as a whole.

If you are worried that your job is at risk of elimination due to automation, it’s a good idea to create a powerful resume now, that shows how you can still provide value to a company as well as work and grow alongside automation. [Read more…] about The Impact of Automation on the Job Market

ABB Robotics offers South Africa’s food and beverage industry ‘a taste of the future’

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By Linda Eales, robotics division manager at ABB South Africa

The future has never looked more unpredictable for South Africa’s food and beverage (F&B) sector, as it battles a perfect storm of pressure brought on by Covid-19, changing consumer and retail consumption patterns, disrupted supply chains and ongoing scrutiny around food safety.

The food and beverage sector has been battered by a couple of high-profile food safety scares in recent years, and is scrambling to keep up with mega-trends like digitalisation and shifting consumption patterns. The good news is that this could be the perfect opportunity for the local F&B industry to reposition itself for the present and future.

F&B manufacturers increasingly need more flexibility on their production lines to enable them to adapt to changing consumer tastes and demands. At the same time, they require higher levels of productivity and efficiency, while maintaining the highest levels of product quality. In many cases, the answer to these challenges is to install a robotics solution, which makes F&B operations safer and more productive. [Read more…] about ABB Robotics offers South Africa’s food and beverage industry ‘a taste of the future’

Pittsburgh set to become ‘major player globally’ in autonomous vehicles sector

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The Pittsburgh autonomy sector has reached critical mass and has the potential to become a major player in the global market, according to a new study. It adds, however, that “urgent action is needed” to compete more effectively against other regions and to encourage autonomy companies to locate and remain in Southwestern Pennsylvania as they mature and grow.

The report – Forefront: Securing Pittsburgh’s Break-out Position in Autonomous Mobile Systems – was issued by Regional Industrial Development Corporation (RIDC) and the Greater Pittsburgh Chamber of Commerce with research conducted by TEConomy Partners.

The culmination of a nine-month long study, the report finds that the Pittsburgh region is one of the top centers for autonomous mobile systems – a sector predicted to grow to a $1 trillion+ global market by 2026, with an estimated 5,000 jobs and a $10 billion impact for a region that captures 1 percent of that global market growth. [Read more…] about Pittsburgh set to become ‘major player globally’ in autonomous vehicles sector

Norway prime minister officially opens AutoStore Innovation Hub

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AutoStore, the leading robotic technology company, has created a pioneering test facility that can allow for faster fitting of automated systems for its clients to keep up with order demand.

Prime Minister of Norway, Erna Solberg (pictured below cutting ribbon), was said to be “deeply impressed” by AutoStore’s success when she officially opened the new test center and had it demonstrated.

As she officially opened the Innovation Hub, Solberg said: “AutoStore is a guiding star showing the way towards growth for the Norwegian private sector.” [Read more…] about Norway prime minister officially opens AutoStore Innovation Hub

ABB wins prestigious IERA Award for its PixelPaint robotic painting system

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ABB’s PixelPaint robotic “non-overspray” technology for the automotive industry has won this year’s Innovation and Entrepreneurship in Robotics & Automation (IERA) Award for Outstanding Achievements in Commercializing Innovative Robot and Automation Technology.

Launched in 2020, PixelPaint uses inkjet head technology to directly apply high resolution two-tone or individualized designs to a car body in a single pass, enabling manufacturers to easily meet the rising demand for customized paint jobs while eliminating wasteful overspray.

Joerg Reger, managing director of ABB Robotics Auto OEM business line, says: “We are delighted that our PixelPaint solution has been recognized for its innovative, sustainable technology that helps our customers respond to consumer requests for more personalized design. [Read more…] about ABB wins prestigious IERA Award for its PixelPaint robotic painting system

8 tips on finding a good job without a degree

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There is no arguing that college is a pivotal time in the lives of many people. It offers plenty of opportunities to explore, learn, and experience life.

That said, giving the somewhat obsolete college education a try is not something that everyone does. While some choose to turn down the college path due to unaffordability, others have their personal reasons.

Regardless, there is a silver lining here. True, not everyone can be a Mark Zuckerberg or Bill Gates after dropping out of college. [Read more…] about 8 tips on finding a good job without a degree

AI Trends in Cybersecurity May Present Job Insecurity in the Industry

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The cybersecurity industry is trending upwards. More people are sharing sensitive data online, which entices criminals to find new ways to attack internet users.

Every industry faces change, but the change the cybersecurity industry is facing may threaten job security.  [Read more…] about AI Trends in Cybersecurity May Present Job Insecurity in the Industry

Are Robots After Your Job?

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With all the new technology being developed lately, it’s common to worry about job security, especially when we consider that robotics and automation are bound to eventually replace a lot of workers. In fact, it’s pretty common to find businesses automating tasks that we once performed by humans.

Not only are machines more reliable, they’re also unhindered by things like fatigue and stress, which essentially minimizes the margin of error.

Coupled with the Covid-19 pandemic and the migration of business to the online landscape, job security is now more important than ever. [Read more…] about Are Robots After Your Job?