Market trends and business perspectives
Soft Robotics has raised $23 million in an oversubscribed Series B funding round.
The round was co-led by Calibrate Ventures and Material Impact and includes additional existing investors Honeywell, Hyperplane, Scale, Tekfen Ventures, and Yamaha.
With this round Soft Robotics also adds Fanuc, the world’s largest industrial robot manufacturer, as a new investor. [Read more…] about Fanuc invests in Soft Robotics as startup raises $23 million in oversubscribed funding round
Zebra Technologies has introduced SmartSight, a robot for mass merchants, grocers, and supermarkets and hypermarkets.
The company is showcasing the new machine at NRF 2020, the retail technology show currently being held in Chicago, USA.
SmartSight leverages the computer vision, machine learning, workflow automation and robotic capabilities of Zebra’s EMA50 enterprise mobile automation system to accurately identify out-of-stock conditions, pricing inconsistencies and planogram issues on the shelf. [Read more…] about Zebra Technologies unveils new robot for retail operations
IAM Robotics, inventor of an autonomous mobile manipulation robot, is opening a new, headquarters and showcase innovation center.
The new 30,000 square foot facility will be located in the emerging high tech area of Pittsburgh known as Robotics Row, a stretch of land that has become a hotbed for robotics and technology companies along the Allegheny River.
The IAM Robotics Showcase Innovation Center will feature a distribution center environment where visitors will experience the company’s high tech robotic labor system in action. [Read more…] about IAM Robotics to open new HQ and showroom in Pittsburgh
It’s getting close to Christmas and that means it’s time for e-commerce fulfillment managers to start getting worried about the availability of labor for the holiday season.
According to a recent article in Supply Chain Dive, “this year’s peak season promises additional challenges in recruiting new hires as the pool of available labor shrinks”.
As the article points out, the US unemployment rate hit a 50-year low in September 2019. [Read more…] about Can robots save the e-commerce holiday season?
Honeywell has established an advanced technology center of excellence focused on innovating and developing artificial intelligence, machine learning, computer vision and advanced robotics for use across supply chains – calling it Honeywell Robotics.
Based in Pittsburgh, Honeywell Robotics will help shape the warehouse and distribution center of the future, particularly as companies look to automated solutions, software and robotics to deliver increased speed, accuracy and throughput in complex material handling environments.
Pieter Krynauw, president of Honeywell Intelligrated, says: “Honeywell has been at the forefront of warehouse automation technology for more than 25 years helping customers improve productivity and efficiency. [Read more…] about Honeywell establishes robotics innovation hub for distribution centres
Implementing smart technologies has enabled factories make gains of up to 12 percent, according to an authoritative new report by Deloitte and the Manufacturers Alliance for Productivity and Innovation.
The areas in which the gains were achieved include: manufacturing output – an important US economic indicator; and factory utilization; and labor productivity.
Looking ahead, smart factory initiatives could lead manufacturers to experience labor productivity increases of 4 percent, which represents a three-fold improvement over the past decade’s average annual growth rate of 0.7 percent (2007-2018). [Read more…] about Going ‘smart’ helps factories make 12 per cent gains, says new report
Manufacturing output in the US has reached an “all-time high”, signaling the industry’s strength, according to the National Association of Manufacturers.
For the past two years, manufacturers have been setting new records when it comes to manufacturing output, and through the first quarter of 2019, the industry has continued to reach new heights.
Four out of five manufacturers remain positive about their company’s outlook, according to the National Association of Manufacturers’ latest Outlook Survey, and new Bureau of Economic Analysis data find that manufacturers’ level of output hit an all-time high once again. [Read more…] about US manufacturing output reaches ‘all-time high’
Supply chain automation startup Locus Robotics has raised $26 million in Series C funding.
The company says it will use the proceeds to scale production of its revolutionary multi-bot solution for warehouse fulfillment, as well as for expansion of its sales and marketing efforts, both in North America, and internationally.
Participants in the round include Zebra Ventures, the strategic investment arm of Zebra Technologies, and Scale Venture Partners, which led the Company’s Series B round in 2017. [Read more…] about Locus Robotics raises $26 million in new investment
One of China’s largest online shopping companies has started to deliver goods to its customers using robots, according to a report in QZ.com.
The four-wheeled autonomous vehicle (pictured above) is about the size of a washing machine and was developed by Jingdong, or JD.com as it’s also known in China.
And although the robot was used for the first time earlier this week, JD’s chairman, Liu Qiangdong, says the company could completely roboticise its entire logistics process within a few years.
The company already uses small autonomous vehicles in its logistics warehouses to move goods around (pictured below). [Read more…] about Chinese e-commerce giant starts delivering orders using robots
By Nandini Kranti
The use of robotics technology in industrial systems is quite common, but in the agricultural sector, robotics and automation technology still retains a novelty and fascination, and is still to make a widespread impact on labor-intensive tasks.
The discussion on man versus machine has come too far. Artificial intelligence was the key addition that tipped scales in favor of the latter. Precise and iterative line functions in industrial processes are handled by well-programmed robots.
Material handling is seldom an issue in this setup since a great deal of customization goes into each design in the pre-installation phase. [Read more…] about Robotics technology for picking farm produce
