Tag: positive
-
ForwardX Robotics raises $31 million in Series C funding round
ForwardX Robotics, a Beijing-based developer of autonomous mobile robots for warehousing and manufacturing environments, has completed its initial Series C1 funding round, raising $31 million. The initial round was led by Taikang Life Insurance, with Qualcomm Ventures and Starlight Capital also contributing to the round. Only seven months after the close of its $63 million…
-
Microtechnology exhibition EPHJ successfully holds 19th edition
Switzerland’s largest international trade show dedicated to high-precision technologies, EPHJ – which showcases microtechnology innovations in sectors such as watchmaking and medicine – has successfully held its 19th edition. The organisers say this year’s event has shown “positive results”. They add that, in a delicate event context in a period of health crisis caused by…
-
Essential Marketing Tech Tools
Few areas of business have escaped the technological revolution. Indeed there is so much that can be gained by embracing the latest tech trends commercially. In particular, tech is changing the face of the way business markets their brand and products – something that can make keeping up with the increasing demands of an effective…
-
Service robotics market grows by 33 percent in China
China’s robotics industry outlook remains positive post-Covid-19 outbreak, especially across manufacturing, hospitality, and healthcare sectors. This is according to a new report, How is Covid-19 Shaping China’s Robotics Industry?, by YCP Solidiance, which highlights that the $8 billion robotics industry projects a positive long-term growth forecast highlighting robotic automation and its useful applications across different…
-
Coronavirus expected to cut industrial robot revenue by more than 8 per cent this year
By Maya Xiao of Interact Analysis The coronavirus pandemic which has devastated economies worldwide is expected to reduce revenues in the industrial robot market by more than 8 per cent, according to a study by Interact Analysis. “After a weak 2019, we originally expected the 2020 robot market to recover strongly, but Covid-19 changed the…
-
Automatic Passenger Counters for Improving Public Transport
Fleet companies that operate cabs, buses, and coaches and companies that manage public trains and trams need to keep data on the number of passengers boarding and alighting for accountability. Earlier, manual counting was the only way to record such data. But today, technology has really changed how things are done. These public transport vehicles…
-
Organisers of watchmaking event EPHJ report increased visitors and ‘excellent feedback’
Against the backdrop of a thriving watchmaking industry, the 18th EPHJ Trade Show ended recently with “really good news” on visitor numbers, which were slightly up, and positive feedback from the 820 exhibitor companies. After four busy days, the 820 exhibitors and the organisers left the EPHJ Trade Show with a smile on their faces.…