Tag: problem
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Decoding Transportation Synergy: Distinguishing Routing and Scheduling While Maximizing their Integration
The transportation and logistics sector thrives on efficient resource allocation and exceptional service quality. Central to these objectives are two distinct yet interconnected concepts – routing and scheduling. Comprehending their individual roles, while embracing their combined power, is the key to unlocking the full potential of transportation operations.
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Ethics and robotics: A match made in heaven for risk management?
By Lee Bristow, CTO of Phinity If your business uses third parties to support core operations (and most do, from SMEs to corporates), you’ll know they need to access essential data. Without this, they can’t deliver the services you require. Therefore, alongside this new relationship between you and your third party suppliers, comes a new…
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FactoryFix raises $10 million in funding
FactoryFix, a recruiting platform that helps manufacturing companies hire skilled workers, has announced a $10 million Series A financing. Grotech Ventures led the round with participation from Capital Midwest, Great North Ventures, Hyde Park Venture Partners, Revolution Rise of the Rest, and JFF Labs. The company has raised $16 million to date. This funding caps…
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SVT Robotics raises $25 million in Series A funding round led by Tiger Global
SVT Robotics, whose software accelerates and simplifies the integration and implementation of robotics, has closed a $25 Million Series A funding round. The investment was led by Tiger Global, with participation from Prologis Ventures. Griffin Schroeder, partner at Tiger Global, says: “With no ‘plug-and-play’ integration solution for industrial robotics, warehouses and manufacturers have been prevented…
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TerraClear raises $25 million to commercialize Robotic Rock Picker
TerraClear, an applied AI and robotics company, announced Series A funding of $25 million led by Madrona Venture Group, bringing the company’s total funding to $38 million. Rocks in fields break machinery, slow precision farming, and take up valuable time that modern farms do not have. TerraClear’s Rock Picker picks an average of 400 rocks…
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Texas university students win $10,000 SICK challenge
For the third year, SICK invited students from universities around the country to participate in the TiM$10K Challenge. The challenge started in 2018 to support innovation and student achievement in automation and technology. Teams were supplied with a 270° SICK LiDAR sensor (TiM) and accessories and challenged to solve a problem, create a solution, or…
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MIT startup unveils robot that unloads trailer ‘blazingly fast’
MIT startup Pickle has unveiled a new robot that works with people to get online orders delivered sooner by unloading trailers “blazingly fast”. (See video below.) The secret, says the company, is to “keep people in the picture”. How has a team of 15 solved one of the biggest challenges in logistics automation in only…
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How Modernization of Our World Reflects in Our Well-Being
Modernization of our world is an inevitable process as our everyday needs drive innovation in every field out there. The thing is, progress is never a straightforward process. It is without a doubt that it improves our lives, but some drawbacks are inevitable. In some cases, new problems arise as well. That being said, what…
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Interview: Startup Reflect developing new solution to ‘a real industrial problem’
Interview with George Papanikolopoulos, CEO of CASP, which is developing a software solution to what he describes as ‘a real industrial problem’ Reflect is one of the experiments that successfully passed to Phase II of the first Open Call in ESMERA, the EU agency that has a multimillion-euro budget to help robotic startups. Being one…
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Math experts use drones to show it’s possible to ‘see’ perfectly using sound
The discovery’s potential applications include self-driving cars, smartphones that can guide the visually impaired and drones that can help firefighters at night As the industry for self-driving cars, robots and other unmanned vehicles quickly evolves – and engineers work to overcome the limitations of sensors that use visual, infrared or thermal information – math experts…