Market trends and business perspectives
Magna, one of the world’s largest producers of automotive components and systems, has acquired autonomous shuttle startup Optimus Ride for an undisclosed amount.
Magna says the agreement has resulted in the company adding more than 120 employees of Optimus Ride to its books.
Optimus Ride is a provider of autonomous vehicle and mobility solutions located in Boston. [Read more…] about Auto systems giant Magna acquires autonomous shuttle startup Optimus Ride
GXO Logistics, which claims to be the world’s largest pure-play contract logistics provider, has launched an “industry-first” pilot of intelligent automation at its fashion e-commerce warehouse in Tilburg, the Netherlands.
GXO’s pilot of the Pick-it-Easy Robot station is tailored for one of its key global customers, in collaboration with value chain tech provider Knapp AG.
The pilot is the first application of Knapp’s Pick-it-Easy Robot technology for automated pocket induction in the sector for apparel logistics. [Read more…] about GXO pilots customised robotic arm for fashion e-commerce logistics
Today, implementing the use of information technology (IT) is essential to the success of any business enterprise. It involves the use of computing systems to store and share information.
Major information technology components include computer hardware, computer software, telecommunications, database, and human resources.
You can depend on your internal IT department to provide computing services. However, you can reap more benefits by outsourcing such services from a third-party firm.
Outsourcing is the process of entrusting your business IT functions to a service provider instead of working with your internal workers. Some of the benefits of outsourcing your IT services include minimized costs, improved efficiency, quick implementation of new technologies, and much more. [Read more…] about 10 Essential Services Your IT Support Company Should Cover
Sea Machines Robotics and HamiltonJet, a marine propulsion systems provider, have launched a new intelligent voyage control product, named JETsense, that utilizes autonomous navigation, multi-sensor fusion and computer vision.
The two companies say the new system is designed to “move waterjet vessels to the forefront of 21st century navigation and utility”.
JETsense utilizes artificial intelligence and advanced autonomy to perceive the domain and maintain precise control of steering and speed during a voyage and re-route to avoid traffic and obstacles, while enabling a new level of streaming data to improve on-water operations.
This new HamiltonJet product, which features Sea Machines’ technology at its core, is the culmination of a partnership announced earlier this year to offer a helm-based system to advise, safeguard or assume active control of open water vessel transits. [Read more…] about Sea Machines Robotics and HamiltonJet unveil new autonomous vessel technology
GXO Logistics, which claims to be the world’s largest pure-play contract logistics provider, has launched an “industry-first pilot” of intelligent automation at its fashion e-commerce warehouse in Tilburg, the Netherlands.
GXO’s pilot of the Pick-it-Easy Robot station is tailored for one of its key global customers, in collaboration with value chain tech provider Knapp.
The pilot is the first application of Knapp’s Pick-it-Easy Robot technology for automated pocket induction in the sector for apparel logistics. [Read more…] about GXO pilots customised robotic arm for fashion e-commerce logistics
Doing business in the digital era means using technology to expand your business. If you don’t have an IT department to manage your digital needs, hiring managed IT services may be good.
By understanding what managed IT services are, you can weigh their importance and how they can affect your business. [Read more…] about Everything You Should Know About Managed IT Services
CFDs are leveraged instruments traded over-the-counter with a securities firm, which is commonly referred to as a CFD provider. A CFD is a Specified Investment Product (SIP), on a need to sell or buy basis.
Dealing in CFD is attractive to day traders that can use leverage in trading assets that are more costly to buy and sell. However, the low industry regulation, potential lack of liquidity, and the need to maintain an adequate margin make CFD a risky trade. [Read more…] about CFD Trading: What it is and How it Works
Dover Corporation, diversified global manufacturer and solutions provider with annual revenue of approximately $7 billion, has completed the acquisition of XanTec.
XanTec Steuerungs und EDV-Technik is a developer and supplier of automation and control solutions for industrial machinery of all types with particular focus on plastic and polymer processing machines across the globe.
XanTec now becomes part of the Maag Group, a global provider of integrated and customizable process technology solutions for the polymer, chemical, petrochemical, pharmaceutical and food industries within Dover’s Pumps & Process Solutions segment. [Read more…] about Dover acquires industrial automation company XanTec
Siemens has acquired Swedish service and software company Vizendo, a provider of virtual operator training for automotive manufacturing.
Virtual training enables industrial companies to reduce their training times and launch new products faster and in higher quality.
Karen Florschütz, CEO of the customer services business unit at Siemens, says: “Virtual training has huge growth potential. Vizendo’s service and software range ideally complements our digital services and thus our Digital Enterprise portfolio. [Read more…] about Siemens acquires provider of virtual training for industrial companies Vizendo
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 of the 12 experiments that started in ESMERA in the summer of 2019, Reflect proved its concept to external evaluators and has been selected as one of the currently five final experiments in Phase II. [Read more…] about Interview: Startup Reflect developing new solution to ‘a real industrial problem’
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