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3 Smart IT Solutions for Dealing With Parking Management Problems

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Parking management has become a global issue. Governments and organizations are looking for the best ways to solve parking problems. This has created a large industry dedicated to solving the problem of parking.

Little wonder the global parking management market is expected to grow from $3.12 billion in 2021 to $3.34 billion in 2022.

Parking managers have been trying hardware solutions to address this issue, but the world is evolving, and more innovative remedies are popping up daily.

Several information technology innovations are now available to tackle parking problems. In this article, you will learn the common parking issues and their clever IT fixes. [Read more…] about 3 Smart IT Solutions for Dealing With Parking Management Problems

Port of Rotterdam selects Airwayz as partner to develop prototype drone airspace

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Port of Rotterdam Authority (PoR), in the Netherlands, has selected Airwayz as the partner to build the U-Space Airspace prototype for the port industrial complex.

The partnership is set for a period of two years in which the U-Space services will be set up and the Airwayz unmanned traffic management (UTM) system will be configured to the ports’ needs and requirements.

The Port of Rotterdam Authority believes that monitoring the lower airspace and offering UAS traffic services will in future greatly support drone services and allow them to thrive. [Read more…] about Port of Rotterdam selects Airwayz as partner to develop prototype drone airspace

The future of fleet management: Trends in system design

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Though the use of technology and prevalence of businesses converting online has skyrocketed across most industries – few sectors rival how indispensable fleet management software has become within the automotive space.

For companies dedicated to managing fleets that can number in the hundreds, it’s proving crucial. The ability to customize and control things like equipment tracking, vehicle diagnostics, maintenance, fuel consumption and driver management not only helps these companies win business, but allows them to thrive in an industry that’s expected to be worth $11.4 million by 2027. [Read more…] about The future of fleet management: Trends in system design

BMW’s idealworks partners with Linde Material Handling

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Cutting-edge improvements in technology, such as autonomous mobile robots, have been and continue to be the driving force behind automation.

Not least due to their flexible range of applications, AMRs have increasingly been taking over transport tasks in intralogistics. By collaborating with Linde Material Handling, idealworks – a business unit of auto giant BMW – is gaining an important international sales and service partner.

Linde Material Handling, a Kion Group company, is a globally active manufacturer of forklift trucks and warehouse technology equipment as well as a provider of services and solutions for intralogistics. [Read more…] about BMW’s idealworks partners with Linde Material Handling

Revenues from robotics implemented in retail stores to cross $8.4 billion by 2030

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As the world emerges from the global pandemic, retail is growing at levels not seen in the last two decades. Retail sales grew by 7 percent in 2020 and by over 14 percent in 2021, which is in stark contrast to the 3.7 percent annual growth between 2010 and 2019.

The increased demand for retail has put a strain on supply chains and retail operations worldwide. As a result, retailers and stakeholders are turning to automation solutions such as mobile robotics for operational ease.

According to global technology intelligence firm ABI Research, worldwide commercial robot revenue in retail stores will have a Compounded Annual Growth Rate (CAGR) of over 25 percent from 2022 to 2030 and exceed $8.4 billion by 2030. [Read more…] about Revenues from robotics implemented in retail stores to cross $8.4 billion by 2030

ABB appoints ATS Global to advance data center automation business

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ABB has signed an agreement with ATS Global to extend the reach of the ABB Ability Data Center Automation business.

The Netherlands-headquartered company has become a Global System Integrator (GIS) and will work with ABB to combine expertise and resources, testing the advantages and effectiveness of potential collaborations for data center customers and growing their respective businesses.

DCA is ABB’s industrial solution for on-premise and hybrid cloud environments. It is a controls, hardware and software solution for control, monitoring and optimization of data center infrastructure, with mechanical control in building management system, electrical power management system, supervisory control and data acquisition, and data center infrastructure management capabilities in a single, ruggedized industrial solution. [Read more…] about ABB appoints ATS Global to advance data center automation business

The Ambitious Entrepreneur: How to Elevate Your Startup

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New company owners are at the precipice of something great – or something that could potentially cause them grief for months, if not years to come. It’s not the kind that offers a comfortable in-between, which is why startup management is typically associated with stress and anxiety.

While that all sounds pretty gloomy, remember that failure is one of the stepping stones to success, and that rings true with startup management. The good news is you have plenty of examples from other successful businesses to help you succeed.

Here’s how ambitious entrepreneurs can elevate their startups. [Read more…] about The Ambitious Entrepreneur: How to Elevate Your Startup

8 Automation Strategies to Optimize End-to-End Business Processes

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Are you looking for ways to optimize your end-to-end business processes? If so, you’re in luck! This blog post will discuss seven automation strategies that can help streamline your operations. By automating these processes, you’ll be able to improve efficiency and reduce costs.  [Read more…] about 8 Automation Strategies to Optimize End-to-End Business Processes

634AI to install 200 autonomous mobile robots in Musashi manufacturing facilities worldwide

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634AI, the developers of Maestro, an artificial intelligence-enabled control tower for indoor mobility management, and Musashi Seimitsu, a global tier-1 auto part manufacturer, have signed an agreement to install 200 autonomous mobile robots, powered by Maestro, across Musashi Seimitsu’s 35 manufacturing facilities worldwide.

634AI’s Maestro powered AMRs will be used to automate Musashi Seimitsu’s intra logistics operation and increase the safety and efficiency of activity on its manufacturing floors.

Musashi Seimitsu, a global transmission gear manufacturer, is a major shareholder in 634AI. After two years of testing 634AI’s Maestro in live manufacturing facilities in Japan, Musashi Seimitsu will be rolling out 634AI’s AMRs under the management of Maestro over the next four years. [Read more…] about 634AI to install 200 autonomous mobile robots in Musashi manufacturing facilities worldwide

Medical Microinstruments secures $75 million to advance robotic microsurgery

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Medical Microinstruments, a robotics company dedicated to improving clinical outcomes for patients undergoing microsurgery, says it has raised $75 million in Series B financing.

Deerfield Management led the round with participation from new investors, RA Capital Management and Biostar Capital, as well as existing investors, Andera Partners, Fountain Healthcare Partners, Panakès Partners and Sambatech.

The company also announced the addition of three new members to its board of directors. [Read more…] about Medical Microinstruments secures $75 million to advance robotic microsurgery