Robotics & Automation News

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Software AG helps automate OEE calculation with new app for Cumulocity IoT

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Software AG has launched an app to automate Overall Equipment Effectiveness (OEE) calculation for its Cumulocity IoT platform.

The new app will enable manufacturers of any size to collect and process key data as it’s created and quickly understand production effectiveness.

By monitoring production line availability, performance and quality, organizations can be more responsive to inefficiencies in their operations, enabling them to avert problems and capitalize on opportunities to be more effective. [Read more…] about Software AG helps automate OEE calculation with new app for Cumulocity IoT

How Supply Chain Software Can Benefit Your Business

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In today’s fast-paced, global marketplace, supply chain software can help improve your company’s efficiency and productivity.

You may find yourself needing to monitor and track multiple business functions and processes, but, sometimes, you can’t be there physically to oversee each aspect of your business. With this type of software, you can be sure that all of your business operations are being tracked and accounted for.

This can help you better plan and control how your business functions and allows you to make more informed decisions. In this article, you’ll learn in detail how supply chain software can benefit your business. Read on. [Read more…] about How Supply Chain Software Can Benefit Your Business

Ant Group prepares for ‘biggest IPO in history’

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Ant Group, the online payments provider that could be described as the Asian equivalent of PayPal, is preparing for what some are predicting will be the biggest initial public offering in history.

Parent company Alibaba Group is set to float the company on the Hong Kong Stock exchange early next month, according to Reuters.

Ant’s Alipay app has more than 700 million users across Asia and processed $17 trillion in transactions in the 12 months to June this year, reports Bloomberg. [Read more…] about Ant Group prepares for ‘biggest IPO in history’

Russia and China ‘ditch’ dollar and increase use of euro

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Russia and China are building a “financial alliance” and look set to “ditch” the dollar, according to a report on the Nikkei Asian Review website. 

The financial news website reports that the US dollar’s share of trade between Russia and China “fell below 50 percent for the first time on record” in the first quarter of 2020.

The source of the statistic is Russia’s Central Bank and Federal Customs Service, which published figures showing that a relatively low 46 percent of trade transactions between China and Russia were conducted or completed in US dollars. [Read more…] about Russia and China ‘ditch’ dollar and increase use of euro

‘Trillions of billions’ of alien robots near Earth and about to invade

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A staggering “trillions of billions” of alien robots could be about to invade Earth, according to a credible and down-to-earth astrophysicist.

And because they are likely to be self-replicating alien robots, they could overwhelm our planet with some unimaginable numbers.

This terrifying prospect is being reported by Fox News, which quotes Zaza Osmanov, of Georgia’s University of Tbilisi. [Read more…] about ‘Trillions of billions’ of alien robots near Earth and about to invade

Super Micro to avoid Chinese components amid US-China trade war

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Super Micro Computer, one of the world’s largest server manufacturers, has decided to avoid using components manufactured in China, according to a report on Nikkei.

Nikkei reports that Super Micro has instructed its suppliers to move production out of China.

Super Micro says the move is a consequence of the trade dispute between the US and China, in which security concerns raised by the US have also affected other Chinese companies such as Huawei.

[Read more…] about Super Micro to avoid Chinese components amid US-China trade war