Tag: report
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Industry group proposes plan to increase automation in logistics facilities
The warehousing and storage industry faces growing demand to deliver goods across the country as consumers purchase more goods online. To address the productivity crunch and improve workers’ well-being, policymakers should establish measures to support robotic automation in logistics facilities, according to a new report from the Information Technology and Innovation Foundation, the leading think…
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Soft robotics and new materials will have the biggest impact on industry, says Protolabs report
A new Protolabs report reveals that almost one third (32 percent) of robotics industry experts believe that soft robotics and new materials will have the biggest impact on how robotics manufacturing will develop in the next five years. Meanwhile, more than one quarter (29 percent) see the material supply chain as the most serious barrier…
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$90 billion invested in robotics startups in past five years, according to new report
F-Prime Capital has released its State of Robotics report, which it says provides “comprehensive insight into investment trends and exits”. Over the past five years, 1,250 robotics companies have generated $20 billion+ of mergers and acquisitions, $15 billon of market cap across public companies, and $100 billion+ of unrealized value from private unicorns alone. 2022…
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Artificial Intelligence: UNESCO calls on all Governments to implement Global Ethical Framework ‘without delay’
Following calls by over 1,000 tech workers this week for a pause in the training of the most powerful AI systems, including Chat GPT, UNESCO is calling on countries to fully implement its Recommendation on the Ethics of Artificial Intelligence immediately. This global normative framework, adopted unanimously by the 193 Member States of the Organization,…
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2023 Predictions & Forecasts: Five challenges for warehouse management, according to AutoStore
AutoStore has launched a new benchmark report with insights from more than 300 C-level business leaders in warehouse management and fulfillment. Survey participants identified the top three current challenges facing organizations as: rising energy costs (32 percent), increasing labor costs (27 percent), and supply chain and shipping constraints (26 percent). Ellen Brune, head of global…
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How to Inspect a Car Before You Buy it
When you use an online car auction site like SCA, you may be wondering if you can inspect the auto auction vehicles before you bid on them. Because they are online auto auctions, you have the benefit of direct access to auto auctions all over the United States, but that can make inspecting the cars…
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300,000 tons in carbon emissions ‘could be saved by autonomous oil and gas operations’
ABB has published another of its Energy Transition Equation reports that shows how industrial customers can reduce carbon emissions and manage the energy transition for a more sustainable future. Based on nine months of research and modelling, the report highlights how early adoption and integration of automation, digitalization, and electrification technologies to enable autonomous operations…
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Global spending on semiconductor fabrication equipment forecast to reach ‘all-time high’ of almost $100 billion in 2022
Global fabrication equipment spending for front-end facilities is expected to increase approximately 9 percent year-over-year to a new “all-time high” of $99 billion in 2022, according to SEMI. The industry association revealed its prediction in its latest quarterly World Fab Forecast report. The report also shows the global fab equipment industry increasing capacity this year…
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Autonomous trucks make the ‘most compelling case’ for automation in commercial vehicles, says report
Autonomous trucks make “the most compelling case for automation in commercial vehicles”, according to a new report. The new IDTechEx study, Heavy-Duty Autonomous Vehicles 2023-2043: Trucks, Buses & Roboshuttles, has found significant activity in the autonomous heavy-duty and commercial vehicle space. Today, there are hundreds of vehicles around the globe in various stages of trialing,…
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Global semiconductor equipment sales grow 5 percent to $25 billion
Global semiconductor equipment billings grew 5 percent year-over-year to $24.7 billion in the first quarter of 2022, according industry association SEMI. The figures were revealed in SEMI’s Worldwide Semiconductor Equipment Market Statistics Report. Quarter-over-quarter billings in the seasonally soft first quarter declined 10 percent. Ajit Manocha, SEMI president and CEO, says: “Year-over-year first quarter equipment…